July 5, 2010
- Buying Junior Gold and Silver Mining Stocks
"All the perplexities, confusion and distress in America arise not from the defects in their constitution or confederation, not from want of honor or virtue, so much as from downright ignorance of the nature of coin, credit and circulation."
John Quincy AdamsAfter the wildly enthusiastic response to my piece last week (on selling your gold jewelry) I thought I'd look at what you should do with your new-found cash. (…)
February 8, 2010
- Tricky Dick & Closing the Gold Window
They didn't call him "Tricky Dick" for nothing. (…)
January 29, 2010
- Got Money Market? Too Bad.
“I’m not worried about the return ON my money. (…)
October 8, 2009
- Martin Pring, the James Bond of Technical Analysis
"Martin Pring is considered the James Bond of technical analysis…someone really good. I have a couple of his very expensive books. (…)
September 10, 2009
- The New Rocket Boom
"Here's one man's contrary view of green shoots…with altitude. (…)
September 3, 2009
August 17, 2009
- China "Suggests" its Citizens Buy Silver
Huh? In 1965, our government took silver out of our coinage, and told Americans NOT to buy it. Hmmm, with silver trading almost $35 below where it traded in 1980, perhaps it would be a good idea to follow the recommendation of the Chinese media. The Chinese were on a silver coinage standard for centuries… Re-education anyone?
August 7, 2009
- Real Estate for the Strong Minded
Anyway, for those of you who have some vague dream of picking up a couple of houses, and having them appreciate in value, I offer up this comment from www.lemetropolecafe.com, by a guy named Mark Lundeen. I was thinking of crashing into the RE world myself…but I'm going to sit in apartmentland a while longer. (If you own a home, and it's paid off, just hang in there.)
(And I'm going to change that little Wall Street ditty, "When rates are low, stocks will grow. When rates are high, stocks will die."
It can also read: "When mortgage rates are low, property will grow. When mortgage rates go high, house prices will die.") And higher rates is a comin'.
July 17, 2009
- Don't Overestimate Gensler & "Position Limits" on Gold and Silver
Mr. Gensler feels the need to impose position limits because he's worried that the Chinese or the Russkies might swoop in to the Crimex metal pits, buy a lot of contracts, and request actual physical delivery. This would ruin the game for Gensler's Wall Street buddies. (The darn Asians might even object to the hokey ETF physical delivery and do something unkind like sue for specific performance.) So Da Boyz have to move out in front of this problem and change the rules pre-emptively.
March 25, 2009
- Ignore that Man Behind the Curtain—Buy Gold
This is my Tuesday After Lunch Money Memo newsletter from yesterday. Apparently a lot of people liked it, so I thought I'd share it more widely. Let me know what you think by commenting below or by signing up! (…)
February 28, 2009
- Fort Knox Receives $85.00 from Cash4Gold
My local coin guy says the TV-advertising Buy Gold guys are paying out only 13% of what your gold is worth…"on average."
And if you complain, they'll give you another 13%. (…)
February 26, 2009
- Top Ten Reasons NOT to own the Gold ETF (GLD)
"Given that the stated amount of gold in the GLD Trust has grown to over 850 tonnes, it appears that a lot of investors believe that investing in GLD is the same thing as buying physical gold bullion. (…)
January 27, 2009
- PROOF OF US MONETARY AND GOLD PRICE MANIPULATION
This article was on www.lemetropolecafe.com from today. Maybe some of the dollar-bugs will see it, and start to change their minds about whether gold is rigged or not. (…)
December 30, 2008
- Financial Review of 2008; Resolutions For 2009
The Wall Street investor who survived mustard gas and pepper spray this year is now a seasoned veteran. (…)
October 16, 2008
- The Other Consumer Survey
ContraryInvestor.com in their October, 2008 letter, talks about how foreigners are noticing the American's lack of investment banking prowess these days…
http://contraryinvestor.com/mo.htm
October 3, 2008
- Goldman Sachs No Longer Short
Dear Fellow Investor:
Below is an analysis by Adrian Douglas, a guy I've met, and who runs www.marketforce.com, a serious analytical outfit. IF…IF… GS (more affectionately known in the business as Hannibal Lecter) is now actually long gold after BS'ing their clients for years about selling gold or even shorting gold…the result could be that prices of gold and shares that have been dumped by a zillion hedge funds and mutual funds…are poised for an explosion. This would create a total reversal of the thinking of every "gold-is-a-barbarous-relic" Wall Street MBA who has now looked around and realized that normal "diversification" didn't do squat to help them on the 777 down day on Monday, and that maybe, just maybe there's something to this gold as an insurance policy story. (…)
September 19, 2008
- What's for Lunch?
From Doug Casey, www.CaseyResearch.com
June 17, 2008
- A Hidden Silver Default?
This from Ted Butler, the best silver analyst I ever read, at www.silverseek.com
The article is available at this link:
http://www.investmentrarities.com/06-16-08.html
Silver is still what - $33 below the price it traded for in
1980? (…)
April 26, 2008
- Blind Pigs and Jim Cramer - the Connection
Dear fellow investor:
I'm not a fan of Jim Cramer on CNBC…I figure he's a high priced shill
- to get you trading.
However, even a blind pig gets an acorn once in a while. (…)
