U.S. imports of oil have skyrocketed from 28% 30 years ago to 49% in 2010 [and if the price of crude oil were to skyrocket it would have devastating effects on the economy but be advantagous to the savvy investor. Let me explain.] Words: 368
Read More »Sprott: Current HUI Level Spells O-P-P-O-R-T-U-N-I-T-Y
Before we end the year we will hit new highs in both [gold and silver]. Then the mining stocks [will] react. The big problem has been [to date has been that] there is not this momentum in the prices of bullion, which is keeping people away from the gold stocks. If we can get the price of gold and silver going back up, I’m sure people will come back into the mining stocks.
Read More »Did You Miss These Most Read Articles for the Past Week Ending March 30th?
It is not unusual to fail to keep up with the most informative articles posted on the internet so below are links, with introductory paragraphs, to the 5 most popular for this past week in descending order as posted on munKNEE.com. Words: 595
Read More »GOLDRUNNER FRACTAL ANALYSIS: 2012 SILVER TO $70++
Around this point in the fractal cycle in the late 70’s, Gold busted out of its channel to rise sharply higher, along with Silver. Silver’s channel top will lie up around $68 to $70 over the coming months which we believe will be reached in 2012. The next higher angled resistance bands for Silver run from $112 to $115, and then up at the $123 area. By the end of the Silver Bull, we expect to see Silver reach $500+. Words: 1765
Read More »A Message to Newly Minted (or Potential) Gold Bugs (+2K Views)
I was taught years ago that "gold is not about price... gold is about value." Be measured, be balanced and don't make more of it than it is. Gold is just a tool, an anchor to sound money; to value. [Let me explain.] Words: 1120
Read More »Is Gold About to Go Parabolic to $3,495 in June ’13; $10,899 in Sept. ’14 and Top Out at $31,672 on Jan. 16, 2015? (+3K Views)
According to a recent Elliott Wave theory analysis gold is about to go parabolic reaching $3,495 in June 2013, $6,233 in April 2014, $10,899 in Sept. 2014, $18,712 in December 2014 and culminating in a parabolic peak price of $31,672 on January 16th, 2015! See the chart below. Words: 600
Read More »Alf Field: Gold Retested $1,650 as Expected and Now is on Move to $4,500 (+2K Views)
Gold it is still tracking well in line with Elliott Wave expectations [which foretold] a rally from the previous low followed by a further decline to [as low as $1,650 before going onwards and upwards. Let me explain the steps that brought me to that conclusion.] Words: 683
Read More »Don't Expect New Highs In Gold This Year
Gold has been in a bull market for over a decade, posting positive returns for 11 years in a row. However, there are good reasons to believe that gold will retreat in 2012 and disappoint a lot of gold bugs. [Let me explain.] Words: 725
Read More »Which Countries are Most Risky for Mining/Oil and Gas Companies? Here's the List
The Behre Dolbear Group has recently published its annual comparative country risk assessment of twenty-five countries that host the global mining industry. [If you own, or are thinking of buying, stocks of companies in this sector print, then I suggest you give the Report your full attention and pass this commentary on to friends, acquaintances and colleagues interested in the Resource Sector, and to your Investment Advisor. Words: 437
Read More »Campbell’s Critique: Some Gold Prognostications are Well Based, Some Much Less So – Here’s a Comparison (+2K Views)
When forecasting, many economists and commentators fail to focus on the dramatic change in inter-country dependence in our ever more globalized world...and fail to let the actual markets influence their views. Below I critique two articles, rationalizing what they see for the price of gold for the balance of 2012. Words: 730
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