"We overshot on the upside when [gold] went over $1,900.We're now close to bottoming at $1,500, and if that doesn't hold it could bottom to between $1,100-$1,200."
Read More »Yearly Archives: 2011
Gold as a Safe Haven is Worthless!
If there is one thing we’ve learned about gold in recent years - and recent days - it is this: gold is not a haven investment... There are many theories about gold's correction. [Let's take a look.] Words: 781
Read More »This Drop in Silver's Price Was History in the Making! Here's Why
I think the silver margin increase (and the corresponding drop in silver's price) instituted by China spells out in big bold letters - a once every century GLOBAL SHIFT IN THE WORLD'S CENTER OF POWER, TRADE AND INFLUENCE. I hope you're paying attention - this is history in the making. [Let me explain.] Words: 560
Read More »Aden Sisters: Buy Gold NOW as it Corrects on its Way to $2,000 (Almost 2K Views)
When you just consider the downgrade of U.S. debt, the jobs problem, the housing situation, the European bank concerns and their debt crisis, the negative outlook for the global economy, not to mention that the Fed will likely seek new measures to help the economy, we just don’t see gold coming down any time soon, other than having a normal downward correction [as currently is the case. Let us show you why.] Words: 1102
Read More »Extreme Volatility: How to Profit From It
On a theoretical basis, everyone knows to buy when others are fearful, to be contrarian, to avoid panic. On a practical basis, [however,] hardly anyone has the discipline and courage to act. [Below I outline] three ways that the individual investor can profit from the current volatility. Words: 614
Read More »What is the Primary Reason for Lack of Economic Growth in America? Here is the Answer
The widespread stagnation in wages, rather than the level of unemployment, may offer a better explanation for the failure of economic growth to accelerate two years after the end of the recession. Workers’ ability to negotiate higher earnings won’t return until the job market strengthens, and flagging confidence has raised the risk that consumers may retrench. [Let us explain.] Words: 1018
Read More »How to Profit from Extreme Volatility
On a theoretical basis, everyone knows to buy when others are fearful, to be contrarian, to avoid panic. On a practical basis, [however,] hardly anyone has the discipline and courage to act. [Below I outline] three ways that the individual investor can profit from the current volatility. Words: 614 So says Jeff Miller (www.oldprof.typepad.com) in edited excerpts from an article* which Lorimer Wilson, …
Read More »Will Gold & Silver Climb a Further 250% and 300% Respectively?
If gold and silver come anywhere close to mimicking the performance of the last great bull market of the 1970s, tremendous upside remains. From their 1971 lows to January 1980 highs, gold rose 2,333%, while silver advanced an incredible 3,646%. Were those gains applied to the 2001 lows for gold and silver we would see a peak price for gold of $6,227 per troy ounce and $160 ozt. for silver. Those prices would represent increases of 250% (from around $1,780 for gold today) and of 300% (from around $40 for silver today), respectively. [If you believe that the aforementioned is at all possible shouldn't you be buying all that you can at today's current prices?] Words: 1283
Read More »Ian Campbell's Commentary: Canada's Many Economic Advantages Make it #1 – Here's Why
Canada's size, political structure, and culture will enable it to – properly governed – be more resilient to world economic problems than any other developed country. [For one thing] we don't have the extent of political polarization that... [is currently the case] in Washington...and now exacerbated to new levels in these difficult economic times – and that will, in my view, cause the U.S. to continue down an increasingly rocky economic road. [Below I put forth Canada's economic advantages and disadvantages.] Words:1026
Read More »Is the Financial World On the Verge of a Nervous Breakdown? These Signs Suggest So
Will global financial markets reach a breaking point during the month of October? Right now there are all kinds of signs that the financial world is about to experience a nervous breakdown. Massive amounts of investor money is being pulled out of the stock market and mammoth bets are being made against the S&P 500 in October. The European debt crisis continues to grow even worse and weird financial moves are being made all over the globe. Does all of this unusual activity indicate that something big is about to happen? Let's hope not - but historically, the biggest stock market crashes have tended to happen in the fall. So are we on the verge of a "Black October"? Words: 1200
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