The year is coming to an end. Remarkably, gold is closing at the same price level as last year ($1,200 an ounce). By contrast, silver is closing the year much lwoer ($16,20 compared to $19,50 last year). The divergence in price is significant. As discussed last week,...
Much lore surrounds the Wall Street hypothesis of the “January Barometer,” the financial equivalent of Groundhogs Day in which the performance of the opening month sets the tone for the rest of the year; hence the saying, “As goes January, so goes...
One of the primary advantages of gold and silver when compared to other assets is that physical bullion, in one’s possession, can in no way be one person’s liability and another person’s asset. If you hold the bullion it’s yours and the only way it leaves your...
There are several reasons to be moderately bullish when it comes to gold and silver. The first reason is related to November and December being tax loss selling months, especially in the U.S. and Canada. Under performing assets have the tendency to be dumped during...
Most of our readers are aware of the tenuous state the world economy is in today. Central banks continue to print with reckless abandon, propping up asset prices around the world, especially those in the stock market. We all know the party is going to end at some...
By now you’ve probably heard the news out of Japan that was announced this past Friday. Rather than go into the specifics, we’ll simply acknowledge the fact that central bank printing continues, with Japan now taking the lead in the laboratory of monetary madness. The...