Saturday , 23 November 2024

Gold & Silver

Precious Metals: Don’t Want To Play Anymore?

We suspect that many precious metals investors are saying, “We don’t want to play anymore!” and our reply is, “You mean you want to quit right now? Right at the bottom of this cycle? You must be crazy - and that is crazy with a capital C!” True, this is a very challenging market environment for resource shares, but we know what the ultimate outcome will be: higher share prices. The only question is “when” and our opinion is that we are very close in time (within days or a week or two at most) of being able to say that the lows are behind us. Let me explain. Words: 785

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Campbell's Challenge: Stop Being a Lemming! Contradictory Points of View are Imperative – Here's Why

It is all too easy to look for like-minded persons who continuously reinforce one's own views - a clear form of 'lemmingism', to coin a new word. Instead, one should make an effort to recognize both reader and writer biases when reading and thinking about things found on the Internet in social media websites and blogs. [Let me explain my views on that further.] Words: 720

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Now's the Time to Take Advantage of Current Discount on Mining Shares – Here's Why

Gold stocks are now trading as though peace, prosperity, balanced budgets, and the repudiation of fiat currencies were about to break out across the globe, sending the metal back to $1,000 per ounce in the very near future. Given the stagflation conditions in the developed world, however, and governments’ proclivity to use money printing in order to jump-start an economy, it may be wise to take advantage of the current discount being offered on mining shares.

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Gold is Not in a Bubble – Here's Why

"Gold is in a bubble" is a comment that is usually made with little evidence to support this claim. Typically, the primary support is the fact that the Gold price has meaningfully risen over the last decade but citing a rising price is simply insufficient to draw such conclusions. [Let me explain.] Words: 534

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Which Will Do Better in 2012: Gold Bullion or Gold Stocks?

One of the big debates of 2011 was whether the performance discrepancy between physical gold prices and gold equities was going to diverge back to normal. As you may recall, gold equities grossly underperformed gold bullion throughout 2011. For most of the year, gold prices traded anywhere between 15 to 40 percent higher than their equity counterparts. [How will 2012 end up? Here are my views.] Words: 700

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Governments Are To "Blame" for Gold's Present High – and Future Much Higher – Price

Is gold still cheap? No, gold left bargain territory long ago [but] we remain bullish on gold, not because we think gold is still cheap, but because we expect it to get a lot more expensive. [Why?] Because the world's most important central banks and governments remain committed to a course that ends in catastrophe for their economies and currencies. [Let me explain further.] Words: 565

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James Turk: Gold Stocks Are Making History – Here's Why

We’re making history here. Gold stocks have never been this undervalued before. We’ve had a 12 year bull market in gold, but we’ve also had a 15 year bear market in the mining shares...It’s very rare in market history to see an outlier like this. This is an extraordinary event. Years from now we are going to look back and shake our heads in disbelief at how undervalued gold stocks were in 2012.

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