As we approach November, the frequency with which the press discusses the fiscal cliff will increase. This will no doubt lead to higher stress and volatility levels...so if you need money we advise getting it out of riskier assets before the last minute….Let me explain.
Read More »Now's the Time to Take Some Money Off the Table – Here's Why
As we approach November, the frequency with which the press discusses the fiscal cliff will increase. This will no doubt lead to higher stress and volatility levels...so if you need money we advise getting it out of riskier assets before the last minute….Let me explain.
Read More »Goldrunner: Silver to Rocket to $60 – $68 and Then Much Higher (+2K Views)
Personally, based on the fundamentals at hand and the fact that Gold doubled its log channel around this point in the cycle; I expect Silver to bust up out of its log channel in 2013. Initially, I look for Silver to reach the $60 to $68 level, first and hold open the possibility for Silver to do much more on the upside as the 70’s Silver Chart reflects.
Read More »3.6 Million Views – and Counting! Why U.S. Debt & Budget Will NEVER Balance
This short video - on the sustainability of government spending - should be watched by everyone, including those not yet old enough to vote. It should be shown in every high school and college classroom.
Read More »Gold:Silver Ratio Suggests MUCH Higher Price of Silver in Next Few Years (+2K Views)
The majority of analysts are now of the opinion that gold will reach a parabolic peak price somewhere in excess of $5,000 per troy ounce in the next few years. Given the fact that the historical movement of silver is 90 – 95% correlated with that of gold suggests that a much higher price for silver can also be anticipated. Couple that with the fact that silver is currently greatly undervalued relative to its average long-term historical relationship with gold, silver could escalate dramatically in price over the next few years. How much? This article takes a look at historical gold:silver ratios and what attaining certain relationships would mean for the price of silver should specific price levels for gold be realized. Words: 691
Read More »50+ Analysts Project Gold to Reach $5,000 – $6,000 by Late 2014 or Early 2015
More than 50 analysts have been bold enough to include the year in which they think their peak price estimate will occur and they are listed below. Take a look at who is projecting what, by when and why. Words: 600
Read More »Gold: What Does a “Troy” Ounce or “18/24 Karat” Gold Really Mean?
You have no doubt read countless articles on the price of gold costing “x dollars per ounce” and possibly own a gold ring or some other piece of gold jewellery but do you really understand exactly what you are buying? What’s the difference between 1 troy ounce of gold and 1 (regular) ounce? What’s the difference between 18 and 10 karat gold? Let me explain. Words: 637
Read More »GOLDRUNNER: BIG PICTURE GOLD- PART V- SUPERBULL CUP FORMATION
Some person once said somemthing like, "Shoot for the Moon, and if you miss, grab a star on your way down." One of the biggest mistakes that I think investors, technical analysists, and chartists make is getting too much tunnel vision in terms of short-term charts, short-term price, and short-term ideas. Jim Sinclair once said that, "To make big money, one must take big risk." In doing so, he was suggesting that one should take big risk at times, but with a SMALL amount of money- NOT betting the farm. Personally, I think that today is one of those times in the Gold, Silver, and Gold/ Silver Stocks. Of course, the amount of "risk you take" is really only a function of how well you have done your homework, most of the time.
Read More »GOLDRUNNER: BIG PICTURE GOLD- PART IV- SUPERBULL GOLD RIDES THE WAVES OF THE MOVING AVERAGE ENVELOPE
Below, is a chart of Gold with all kinds of lines rising in what appears to be an envelope with the price of Gold generally riding along the top. The lines are "moving averages" that show how the price of Gold is rising "on average" over different periods of time. Only a SuperBull Gold parabolic move in price keeps the price of Gold rising along the top of the moving average envelope like cream floating on top. The price of Gold is almost always moving higher in the SuperGold Bull so we see the moving average envelope constantly rise from the lower left of the chart, up to the upper right.
Read More »GOLDRUNNER: BIG PICTURE GOLD- PART III- GOLD BULL LOG CHART
Just look at Gold’s move, already, though. So many “experts” from banks and brokerages have trotted across the stage on television telling us that “Gold is an old investment relic that pays NO DIVIDENDS!” So what? Gold has risen up over 700% for massive gains since 2001. How many of these $#$$&&^%^&^&^’s have achieved that kind of performance since 2001, besides NONE? Can you imagine the percentage gains if Gold explodes higher to double the log channel in blue from here? Quit watching TV and start thinking for yourself! And, BTW, per the 70’s Gold Bull, a huge move up from here would NOT be the final move up in this Historic Gold Bull.
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