Dave Kranzler
MBA, Market Analyst & Author @ The Mining Stock Journal
Dave Kranzler spent many years working in various analytic jobs and trading on Wall Street. For nine of those years, he traded junk bonds for a large bank. He has an MBA from the University of Chicago, with a concentration in accounting and finance. He currently co-manages a precious metals and mining stock investment fund in Denver. My goal is to help people understand and analyze what is really going on in our financial system and economy. Dave publishes the The Mining Stock Journal a bi-weekly subscription newsletter that features junior mining ideas as well as relative value ideas in large cap mining stocks.
Dave Kranzler Articles
As of last week, the Federal Reserve now owns 16.5% of the total amount of Treasuries outstanding and 18.5% of the total amount of mortgage-backed bonds outstanding. Without this massive amount of Fed intervention, interest rates would be...
Despite the pervasive and omnipresent manipulation of the gold price implemented in the paper derivatives gold market – which in no way reflects the true supply/demand characteristics of the underlying market for physical gold and silver...
Gold and silver futures have been used for decades to control the price of gold and silver. In fact, declassified letters (which can be found in the GATA archive) that bounced between Henry Kissinger and his advisors in the early 1970’s...
The precious metals sector began to pullback in early August after a frenzied run-up in July. The technical/momentum indicators were flashing “overbought.” In the meantime, most economic indicators have been telling us the so-called “V”...
I’m the most disconnected from politics as I’ve ever been. It’s a waste of time. Capitol Hill is one big Kabuki Theatre performance space. The country is completely screwed and the elitists know it. Everyone who is in a position to grab...
There’s been a lot of media/Wall St/blog noise about the relative strength or weakness with the U.S. dollar. With respect to gold, the daily vicissitudes of the gold price are associated with the daily price variations of the dollar index...
“I’m just gonna say it like it is – that was a shit-show.” Dana Bash, CNN in reference to the “Presidential” debate. “The debate was a national mortification – ‘shit-show’ was an understatement” – Chris Powell, GATA.
“Look at the underlying fundamentals that are driving it [gold and silver prices]. The financial condition of the country that hosts the reserve currency deteriorates more everyday and the Central Bankers are trying to kick the can down...
Institutional investors have maybe 0.5% of their assets invested in the precious metals sector. At the peak of the gold/silver in 1980 institutions had 5% invested in the precious metals sector. Since then that allocation has not been...
The DJUSHB (Dow Jones Home Construction Index) hit an all-time high on Thursday. The previous ATH was in July 2005. The current SAAR (seasonally adjusted annualized rate) for existing home sales as of the June report is 4.2 million. It’s...
