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  • James Turk More Bullish On Silver Than Gold [View article]
    Does anyone get the feeling that Mr. Turk is simply repeating the mantra of a precious metal bull regardless of the conditions and environment?
    Jul 16 02:39 AM | 1 Like Like |Link to Comment
  • Molycorp Offers Discounted Entry Into Rare Earth Elements [View article]
    I guess now a person can speculate with certainty on this stock. Anything put into MCP now can be considered a total loss with unlimited (albeit unlikely) upside.
    Jul 16 02:30 AM | Likes Like |Link to Comment
  • James Turk: Bursting Money Bubble Could Inflate Gold To $12,000 [View article]
    Wow! James Turk thinks that gold is going up...who would have thought.
    Jul 16 02:16 AM | 4 Likes Like |Link to Comment
  • Banco Espirito Santo tries to reassure market [View news story]
    Agreed Capitolp.

    In addition, reassurances of this kind are usually counter to the true condition (i.e. Enron, HealthSouth, Thailand before default, Bear Stearns, Wachovia, WaMu, Lehman ad infintum).
    Jul 12 10:25 AM | Likes Like |Link to Comment
  • What You Need To Know About Rising Interest Rates [View article]
    S77nu,

    After perusing Barron's articles on bank and real estate stocks from 1960 to 1966, I found that earnings and book values were never more robust. It was essential to review this period because this was well after a significant rise in rates. This "finding" only demonstrates a biased view to fit the claim. However, the fact remains that the Dow increased nearly 10x times from 1949 to 1966.

    This leaves much to be considered when deciding to retain or trim holding of financial stocks. However, the loudest (and most popular) arguments for a stock market decline due to climbing rates may not have considered all of the relevant scenarios to arrive at such a conclusion.
    Jul 12 10:17 AM | Likes Like |Link to Comment
  • What You Need To Know About Rising Interest Rates [View article]
    A review of 1836-1914, a time when there was no Fed, would demonstrate that a rise of +167% or more is par for a market rebound from a prior decline of -40% or more. Increases of +200% aren't unusual either. Reliance on the view that the Fed is the cause of the rebound hides the potential for the markets and gives the Fed undue credit it may not deserve.
    Jul 12 09:59 AM | Likes Like |Link to Comment
  • What You Need To Know About Rising Interest Rates [View article]
    Finally an article that points in the right direction on the potential for rising rates and rising stock market.

    A study of the 1949 to 1966 period should be all that investors need to know about the potential ahead (rates quadruple, Dow increases 10x). Better get your bank and insurance stocks lined up now just in case rates do rise.

    Again, it's where rates rise from that matter most.
    Jul 11 12:39 AM | 1 Like Like |Link to Comment
  • Here's Why I'm Finally Buying Gold Stocks [View article]
    "... the price increase in gold correlates well with the increase in federal debt."

    From 1980 to 2000, the federal debt increased nearly 7 times while gold declined nearly -80% from the peak. The rise in gold from 2000 only correlates with the federal debt in the given time frame ("last decade") but isn't the cause of the increase.

    Gold did not rise in the 1930's. Also, had gold not been fixed by government rigging, manipulation and/or propping the price would have collapsed along with free floating silver and PM stocks from 1925 to 1932. Even Homestake Mining hit a new low in 1932 from the 1925 peak price before moving higher.
    Jul 11 12:07 AM | 1 Like Like |Link to Comment
  • Gundlach Likes Gold [View article]
    Greetings Debutant,

    Our subscribers get first priority on our analysis for today. However, we have opened up the necessary articles (links above) on our site that tells you everything.

    First, well in advance of the lows, we were able to project where the market for gold, silver and precious metal stocks was headed. Once these downside targets were achieved that was the first signal to consider gold and more specifically gold stocks.

    Second, our Gold Stock Indicator suggested on June 25, 2013 that gold stocks should be purchased. There are obvious risks going forward which we provide to our subscribers, however, the information presented is thorough in what to do when and if the targets are met, which has occurred.

    We don't post article to SA since articles with technicals and without narrative since they don't meet the standard for publication. From time to time we will update our instablog with reviews of prior recommendations from 1 year ago and before.

    Regards.
    Jun 30 11:34 AM | Likes Like |Link to Comment
  • Silver Appears To Be Topping [View article]
    Greetings 6151621,

    We've used Edson Gould's Speed Resistance Lines and Dow Theory. However, in the specific chart it is Dow Theory.

    Regards.
    Jun 30 11:11 AM | Likes Like |Link to Comment
  • Gundlach Likes Gold [View article]
    Hi Debutant,

    Although we have not posted an article in a long time, we have left many informative articles on the topic of precious metals and their related stocks. Below are three articles from our website and two that have been published on Seeking Alpha. This is only a small sampling of Seeking Alpha articles on the topic of precious metals.

    On May 5, 2011, when silver was trading at $37.84, we said, "Dow Theory suggests that a reasonable buying opportunity would exist at below line B (blue line B). However, we wouldn’t jump in at the slightest move below line B. Instead, we’d like to see the price decline to the dashed blue line at $15.41 or below. (found here: http://bit.ly/18Jn20o)". Not only did the ascending dashed blue line reach the target for when to buy, it also did it near the time indicated based on the chart.

    On April 14, 2011, when the XAU Index was trading at 218.71, we said of the XAU index, "Based on the most recent high of 228.95 the downside target for the XAU index is 76.32. We recommend that whenever the XAU index falls at or below the speed resistance line drawn on the chart, between now and just before 2028, as part of the secular rising trend in interest rates/inflation, we would expect that the stocks in the index are underpriced. (found here: http://bit.ly/18Jn20w)". The XAU fell as much as -63% since that article to the low of 80.14 in December 20, 2013.

    On March 3, 2013, when gold was trading at $1,582, we said the follow of the downside target for gold, "According to Edson Gould’s Speed Resistance Lines (SRL), gold has as a minimum decline of -25% from the closing price of Friday March 1, 2013 to the conservative downside target of $1,179.25. From our experience with Gould’s SRL, the minimum downside target is often achieved, especially when the price experiences an almost parabolic price move to the upside (found here: http://bit.ly/TvEDqS)." Gold got as low as $1,192 on June 28, 2013.

    On October 13, 2011, in an article titled "Gold Resources: Gold Dividend Means Sell (found here: http://seekingalpha.co...)" we said the following, "The initiation of dividends in the form of gold by Gold Resources isn’t the nail in the coffin in the current gold bull run. Instead, it may be an indication of a cyclical or short-term top in the gold market." This 2011 article comes after a 2009 warning that when a company starts to offer dividends in the payment of gold then it is an indication that the market is peaking. The price of gold peaked shortly (12 trading days after the announced dividend in gold by GORO) afterwards.

    On April 10, 2012 we recommended Agnico-Eagle Mines (AEM). The stock increased over +45% afterwards so we recommended selling the stock in a September 25, 2012 article titled "Time To Sell Agnico-Eagle (found here: http://seekingalpha.co...)." In that article we said, "Our experience indicates that there will be many opportunities to re-acquire Agnico-Eagle at better relative prices." AEM fell as low a -51% and currently sits at -24% below the 2012 sell recommendation.

    On June 25, 2013, in an article titled "Gold Stock Indicator: Now is the Time (found here: http://bit.ly/16OArVN) we said the following, "...based on the GSI since 1983, now is a reasonable time to line up gold and silver stocks that are part of the Philadelphia Gold and Silver Index (found here) or the Amex Gold Bugs Index (found here: http://bit.ly/16OArVN) for investment opportunities."

    There is so much more that we've touched on relating to the nuances of gold and silver that can be found on Seeking Alpha in both articles and commentary. As students of the market, we are still learning. However, one thing that we've learned, as echoed by Nassim Taleb, if someone makes a claim today, what did that same person say one, two or three years ago?

    By the way, we wrote that 2010 article on Homestake Mining (found here: http://seekingalpha.co...) that you commented on. Thanks for the pointed questions.

    Regards.
    Jun 30 02:57 AM | Likes Like |Link to Comment
  • Silver Appears To Be Topping [View article]
    Our assessment of SLV in May 2011 said to buy SLV when it falls below the dashed blue line (found here: http://bit.ly/1lq0rL8). This happen to coincide with the most recent low as can easily be seen in the chart. Almost predicted the timing as well (hocus pocus...I know).

    The full article can be found here ( http://bit.ly/18Jn20o). SA prohibited this submission due to the lack of narrative explaining why, something which we could not possibly know the reasons, other than the explanation of technical theories (TA is another issue that SA tries to avoid without exceptional narrative).

    In some ways the author has his hands tied on this matter.
    Jun 29 03:34 PM | Likes Like |Link to Comment
  • Gold's Value Is Not About Currency Collapse [View article]
    Is Gundlach's 2014 call on gold too early? How about his similar 2012 & 2013 call on gold?
    Jun 27 05:31 PM | 1 Like Like |Link to Comment
  • Gundlach Likes Gold [View article]
    Hey DT,

    With at least two years of inaccurate calls on gold (down -30% from the peak) and gold stocks (HUI down -62% from the peak), clearly this isn't about investing.
    Jun 27 02:03 AM | Likes Like |Link to Comment
  • Gundlach Likes Gold [View article]
    According to a November 30, 2012 Barron's article:

    "Jeffrey Gundlach...is upping his holdings of natural-gas producers and, yes, gold miners. Gundlach’s argument? They’re cheap, he says."

    Since that time, gold stocks have fallen -52%. How much credibility can we attribute to Gundlach's view now? Eventually this view on gold will be right but his view on gold and gold stocks has been the same through the decline.
    Jun 26 10:44 PM | 2 Likes Like |Link to Comment
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