It was another wild week with no real direction in markets and precious metals are breaking down. The S&P 500 index is trying to move higher here as it moved nicely off support at its 200 day moving average but the trading that day was...
The sweet Clash song "Should I Stay Or Should I Go?" seems to be the song most suited for the Greek situation right now. France and Germany are bailing them out and Greece is trying to pass large budget cuts to the disdain of their...
It was another week best spent not looking at the markets unless you're looking to pick up some great miners on the cheap as we are, or go short some stocks as we are also. All in all it's going great!
I love to buy things on sale and the...
There has been a lot of talk about another financial crisis coming, and it may have been kicked off by Mark Mobius, who says it's inevitable because the causes of the previous one haven't yet been resolved.
It's finally a long weekend in the US which means markets are closed Monday. The last thing anyone should be doing this weekend is working much and that includes myself for once.
So in that spirit today let's just cut to the chase and...
Lately there have been calls for the US to sell some or all of their gold in order to help reduce the debt and budget deficits.
In 2010 the US went into debt a further $3.5 billion each day.
With the US supposedly holding 147 million...
Let's start off today with an old classic by Olivia Newton John, "Let's Get Physical." Cheesy? Absolutely. But, as it applies to the precious metals market, it's what you really want to do.
The price smashing is really futures driven and...
It was a week like we haven't seen since the beginning of the crash in early 2008, but this time it was mostly in the commodity sector. Many stocks did get hit hard, as well as the major indices, but the real damage came in commodities,...
It was another wild week as silver roared and gold held its own as well. The US markets were even wilder as they bucked and jumped after news of a US receiving a forecast downgraded from a prominent ratings agency.
I don't see this...
It was another great week for gold and silver. Both hit new highs and soon we could see silver break into all-time highs. The S&P 500 has been consolidating with other markets after a strong bounce off the tsunami low. The S&P 500...