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Jim McCraigh  

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  • Gold And The Dollar Are Changing Polarization [View article]
    Like your point here. Will be looking for future articles!
    Jun 13, 2013. 11:04 AM | Likes Like |Link to Comment
  • Why Hyperinflation Is A Myth (And What It Means For Gold Prices) [View article]
    Right Colin,

    You have to question the inflation number cited here.
    Feb 12, 2013. 05:50 PM | 1 Like Like |Link to Comment
  • The Real Fiscal Cliff Is Economic Growth [View article]
    Dana, You are right on. This is not a political issue. Politicizing it will be the death of us. Not only will the Fed's hands be tied if they ever try to raise rates to slow inflation, rising interests will kill the bond market as well. Bond prices will collapse as well. Patrick MontesDeOca posted on this at
    Oct 4, 2012. 03:02 PM | Likes Like |Link to Comment
  • Gold And Silver Outlook For October 1 [View article]
    Just saw a great interview with John Embry of Sprott Asset management by Patrick MontesDeOca on where gold prices might go from here at
    Oct 1, 2012. 03:31 PM | Likes Like |Link to Comment
  • Gold Market Dip Buying Strategy [View article]
    Good comment regarding gold prices in other currencies. Many US investors seem to think in terms of the US only. Yes, there is a huge world out there. Traders who understand this will make the most money. Gold may well be overdue for a dip here which might well be that last chance to get in for a while. See Watch Out For A Gold Pullback Here at
    Oct 1, 2012. 03:22 PM | 2 Likes Like |Link to Comment
  • The Optionality In Shorting The Yen [View article]
    Soon, those older Japanese folks will begin to retire and draw down their savings (often held in gov't bonds) thereby forcing Japan to seek outside buyers for their bonds. It is a demographic time bomb that will help fuel gold's rise. See
    Sep 28, 2012. 07:58 PM | Likes Like |Link to Comment
  • Commodity Chart Of The Day: Gold [View article]
    Good analysis. For now, trading as we have in the past will work. But, as the Fed and other print themselves and us into a corner, endless QE will take its toll on the dollar. Once investors wise up and see that the dollar is becoming toast, gold will become an emotional/fear trade and rise significantly in value. Never in the course of human history has this much debt been incurred and money printed as the last 5 years. It will not take hyperinflation to get there, just half of the rates we saw in the seventies and eighties. Bonds will craters and equities will be sold off to cover bond losses. See more at
    Sep 28, 2012. 01:26 PM | 1 Like Like |Link to Comment
  • Future Inflation's Likely Impact On Bonds [View article]
    Got to agree with you Steven! When Bernanke unleashed the junkyard dog of unlimited QE (quantitative easing) on us, he backed himself into a corner. Once true inflation (not manufactured gov't CPI numbers) rears its ugly head--- and it will with boundless money printing, the Fed won't be able to raise rates without devaluing all those Treasuries they they will buy. Even high yield bonds won't be safe. We posted on what to do before this happens at
    Sep 27, 2012. 04:42 PM | 2 Likes Like |Link to Comment
  • Silver May Prove A Better Bet Than Gold In Q4 [View article]
    I have to agree with both GoldBoy and the author on this. The reason?The Gold/Silver ratio has been way off for too long now. Even a return to the mean would mean a huge move for silver relative to gold. I posted Why I'm Dumping Gold Today at
    Sep 27, 2012. 04:23 PM | Likes Like |Link to Comment
  • A New High For GLD Holdings. What Does It Mean For Investors? [View article]
    At this point, bonds are a bad bet for any folks, particularly "older" ones. The Fed will loose control soon (perhaps they already have with QE3) and rates will rise and destroy the bond market, which is much larger than the equities market.. We posted on this recently at:
    Sep 26, 2012. 01:42 PM | Likes Like |Link to Comment
  • Watch Out For A Gold Pullback Here [View article]
    nycabman I call what you are doing "trading around a position". This is when an investor holds a core position and then buys and sells as short term price action dictates. I suggest anyone employing this strategy limit plays to a fixed percentage of their portfolio and use trailing stop loss orders to mitigate any bad choices.
    Sep 24, 2012. 01:35 PM | 4 Likes Like |Link to Comment
  • War On Savers And Moral Hazard Cause Gold And Silver To Skyrocket [View article]
    Right on Manuel, there is a war on savers. The Fed's policies are rewarding the rich and crushing the poor and middle class. Read "Purse Snatch Economics" at
    Sep 21, 2012. 04:38 PM | Likes Like |Link to Comment
  • Will The Euro Keep Driving Gold And Gold Producers Up? [View article]
    To get the full picture on what's driving the price of gold, we must look past Europe and the US to Asia... Japan in particular. We posted on this today at
    Sep 21, 2012. 04:32 PM | Likes Like |Link to Comment
  • Why I'm Dumping Gold Today [View article]
    Danwslee, I am not sure that numbers are available as the bank would consider that type of information proprietary. On the other hand, the size of JP Morgan’s position has been described ancedotally as "massive" and supposedly hedged with forward sales of the mining companies. Back in the day when I was in the banking business, my superiors would have never engaged in such foolishness with other people's money and fired me for doing anything remotely like that.
    Sep 15, 2012. 11:48 AM | 1 Like Like |Link to Comment
  • Why I'm Dumping Gold Today [View article]
    Thanks for your comment. Although I did not recommend that anyone buy iShares Silver Trust (SLV) , I did suggest that I am buying more silver. That may take a variety of forms including bullion.
    Sep 14, 2012. 05:27 PM | 5 Likes Like |Link to Comment