The conditions which would support a major correction in the gold price are not present. Should a correction from a failed attack on recent highs occur in such an environment, it is likely to be a short one. Words: 712

When Bernanke announced back in 2009 that he saw "green shoots" in the U.S. economy, it was a green light for global investors to start dipping their toes back in the water. Gradually investors started feeling better about the world and as they felt better, they started taking on more risk. It was a shift in focus, away from the mandate of "return OF capital" back toward one of "return ON capital." So, what's in store for 2010? Will it be risk-aversion or risk-taking? Words: 794

Given the ongoing crisis surrounding the euro, the vulnerability of the British pound from a continued spread of sovereign debt concerns AND the catalyst for a weakening yen, I’m expecting the dollar to continue its upward path against major currencies both in the short-term and longer-term. Words: 738

A survey of US hedge fund managers by London-based Moonraker Fund Management: 90 percent (20 of the 22) of the hedge fund managers surveyed admitted they had bought physical gold for personal investment. These sophisticated investors know something that the average investor doesn’t: that the global policy response to the financial crisis will not only devalue the world’s major currencies, it will decimate the US dollar. Words: 2233

Unless the economy slips into deep depression (which we don't expect) silver prices will shoot much higher over the next five years or so. We would not be surprised to see triple-digit silver before the end of this decade. Words: 568

At the beginning of the last decade gold was trading at $255 an ounce and by the end of 2009 was trading at $1,100 an ounce. Not many investors thought that that was remotely possible and, at best, highly unlikely. Now some analysts are saying we should see $5,000 gold in a couple of years. Is that likely or just 'pie in the sky'? Words: 453

“Unchecked greenback emissions will certainly cause the purchasing power of currency to melt.” says Warren Buffett. Words: 982 In the following edited excerpts from the original article* Cam Hui (www.questfunds.com) puts forth the case for both inflation and deflation by the likes of Richard Russell, Warren Buffett and Van Hoisington: The Case for Deflation 1. De-leveraging There are many analysts …

Those environmentalists motivated to support initiatives which contribute to the greater good of society but reluctant to subscribe unthinkingly to the political agenda of the warming movement, are routinely scoffed at and humiliated. Publicity demonizing carbon dioxide, especially the man made version, routinely convicts anyone who drives a gasoline-powered car, cooks his hamburgers on the barbeque, warms their living room with the cosy flames of the fireplace or cools their home with air conditioning using electricity generated by coal or natural gas. We are pronounced guilty of contributing to a looming genocide. The guilt we are made to feel, stemming from our apparent insensitivity and warped morality, is almost palpable. Words: 1148

A soaring gold price is a vote of "no confidence" in the central bank and the dollar [and]... reflect a growing restlessness with the increasing money supply, our budgetary and trade deficits, our unfunded liabilities, and the inability of Congress and the administration to reign in runaway spending. Words: 1911

If the past 30 years are any indication, gold does not constitute an attractive investment over the long term. Moreover, in times of economic recovery, the return on gold falls well short of the return on the stock market. Read More »