Gold & Silver

Lately, the dollar has been making a comeback and, as usual, gold is tanking...[That being said,] however, the timing of the dollar’s resurgence is a bit curious. Perhaps not coincidentally, gold began tanking just as the dollar was advancing against the yen. [Why do I say "Perhaps not coincidentally"? Read on.]

Surely, the swift and severe plunge in gold represents a buying opportunity, right? I mean, it's not like the Fed finally stopped printing money, right? Wrong! As the old saying goes, "never try to catch a falling knife" and that's especially true in the case of gold. Below are 3 fundamental forces working against gold prices and, combined, they could ultimately push the precious metal down another 25% from here.

Is gold still good? For many investors, the answer is a resounding "No!" but that doesn't answer the question: Is gold still good?

Gold may be set to nearly double from current levels, but it didn’t drop in a straight line and it won’t return to (and surpass) its previous highs in a straight line, either.

This ten minute interview with Eric Sprott is excellent and worth your time. He makes the best case I have heard or read recently about why the financial fundamentals are so good for precious metals...both physical gold and silver and the good mining stocks. It is really worth listening to.

No one has a crystal ball and I certainly don’t claim to have one. [Nevertheless,] I strongly believe that the prices we see today in gold and silver will be looked back upon in the next few years as a great buying opportunity. The data I read and understand tells me the case for gold and silver is now a strong one...If you are conservative dollar cost average into a position for a long time now [otherwise] I am OK with a full allocation into gold and silver at this point in time...

A more aggressive devaluation of paper currencies is on the horizon thus the whole PM Complex is completely underpriced. Averaging in from this point on seems warranted. Below is a full explanation as to why that is the case.

It’s been a tough road for precious metals but the path ahead has strong potential of being significantly profitable and in a short period of time. The buying opportunity that we’ve spoken of for months could be days away. When precious metals equities rebound, they rebound violently.

Copper is one of the most important and popular industrial metals in the world. With 3% per year production growth since 1900, approximately 16 million tons of the metal was produced in 2011, according to the International Copper Study Group. Below, we outline some of the largest and most important copper-producing nations across the world:

Ronald Stoeferle takes an holistic view on the latest developments in the gold market laying out the fundamental arguments why the gold bull market remains intact and concluding, based on conservative assumptions, that the long-term price target for gold is $2,230.