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  • Don't Fear A Normal Gold Correction [View article]
    A very good article on the subject of the gold trade. Thanks.

    Since you quoted Mr. Lassonde liberally (and I agree, he is one of the foremost experts on the subject) I would like to use another recent quote of his which certainly supports your opinion (and mine).

    Quote: "In 1980, at $800 an ounce, gold was equivalent to one unit of the Dow. Now prices represent an 8 to 1 ratio. “If it goes back to 1-1, then gold will go from $1,700 an ounce to $13,500.”

    Pierre Lassonde, one of the world’s foremost experts on gold and Chair of Franco-Nevada Mining!
    Oct 30 10:31 AM | 2 Likes Like |Link to Comment
  • Precious Metals Markets Are Quiet ... Too Quiet [View article]
    I see any dip as a buying opportunity in the coming weeks......
    Oct 8 12:40 PM | 2 Likes Like |Link to Comment
  • Earnings Season Preview: Worst Outlook In 3 Years [View article]
    The street has done such a good job of downgrading the expected earnings this week, that any spike above what is expected could cause another rally in the short term....just sayin...
    Oct 8 12:36 PM | 2 Likes Like |Link to Comment
  • Room To Run In Gold And Silver Rally: Look To The Junior Miners [View article]
    Having averaged 55% returns since Sept 1st in our junior miners, I cannot agree more!
    Sep 28 12:18 PM | 2 Likes Like |Link to Comment
  • Global Meltdown Evident In GDP Data This Week [View article]
    "A" Black Swan? You mean "Black Swans" don't you!

    You will find one swimming in the 75T debt the USA is facing over the coming decade.
    You will find one swimming in the Euro mess of massively over indebted countries backed by massively over indebted banks, backed by those same massively over indebted countries (and around and around we go)

    You will find one swimming in the Far East where Chinese cities have built massive blocks of apartment buildings and office buildings that no one lives in or rents.

    You will find the biggest black swam swimming in the mess of derivatives still on the books of international banks that over shadow the global GDP by approx 20-1

    You will find a black swan swimming in the Straight of Hormuz, with the U.S. fleet build-up as Iran begins to feel the sting of a financial blockade of it's resources.

    You will find a black swam swimming in the South China Sea, were China is now flexing its financial and military muscle to the detriment of it's worried neighbors.

    Many black swans out there. Just pick one!
    Aug 13 04:01 PM | 2 Likes Like |Link to Comment
  • EV Myths And Realities, Part 3B: EVconomics - It's The Stupid Battery [View article]
    Just want to say thanks for such an in depth, intelligent article about vehicle electrification. Such articles are hard to come by. Looking forward to your next!
    Aug 10 12:54 PM | 2 Likes Like |Link to Comment
  • Why Buffett Is Not Wrong Regarding Gold [View article]
    The comparison is wrong! You cannot compare apples to oranges. In an apples to apples scenario, you must compare gold only to cash (the usd which gold is denominated in). Then apply Warren's analogy that gold/dollars can only be stored etc. etc. etc

    In this way, gold wins the day, every day, all the time, for over 4,000 years now. 4,000 years is a long time for comparisons, don't you think?
    Jul 18 08:23 PM | 2 Likes Like |Link to Comment
  • Goldcorp A Screaming Buy For The Patient Investor [View article]
    A good article. I agree with the premise for a dramatic rise in gold over the next 24 months or so. I also agree GoldCorp and other miners are screaming buys right now, especially in this summer of fear and discontent. I am still adding to my positions, and I like juniors in the sector as I see GoldCorp and other majors gobbling up juniors who have producing mines and increasing production and reserves.

    Jul 13 04:53 PM | 2 Likes Like |Link to Comment
  • Zero-Risk Gold [View article]
    A good article. Thanks for the info (I was not aware of the proposal)
    It argues well for holding physical gold, silver and miners at this juncture. I like the PSLV and PHYS rather than the paper products like GLD and SLV, but each to his own.
    Jun 26 03:29 PM | 2 Likes Like |Link to Comment
  • The Fed In A Tightening Box [View article]
    Using your reasoning, gold is a good place to be in "both" scenarios. I agree......
    Mar 19 12:54 PM | 2 Likes Like |Link to Comment
  • Bullishness For Commodities Confirmed [View article]
    These pullback present excellent buy opportunities for the patient investor who has been watching the paper parade.
    Mar 14 03:21 PM | 2 Likes Like |Link to Comment
  • No Wonder Investors Prefer The Metal, Not The Miners [View article]
    I'd rather have gold in my hand, or own gold in the ground, rather than a piece of paper promising me a delivery of gold that won't happen!
    Mar 14 01:31 PM | 2 Likes Like |Link to Comment
  • Today In Commodities: Bogus Jobs Number [View article]
    Mar 10 09:57 AM | 2 Likes Like |Link to Comment
  • Bernanke Ignites Bear Market In Gold And Silver [View article]
    I forgot to comment on gold in particular, as an investment and as a store of value. I found this entry from Pinnacle Digest which pretty well sums it up for me..........

    "As an investor (and not a speculator) you have to ask yourself one question: Did the individuals selling gold and gold stocks on Wednesday honestly believe it was all about to turn around and that the US government was returning to prudent, responsible fiscal policies?

    This gold bull market has lasted more than 10 years and is nowhere near finished. Record gold prices are coming in 2012.

    The Fed will keep printing. The US government will keep running deficits. Most importantly, the USD will continue to lose value. If the US raises interest rates, it will default. If the US continues its low rate policy until the end of 2014 as scheduled, the dollar will lose value, inflation will take over and gold will continue to skyrocket.

    These are the facts investors need to be concerned with. The correction gold experienced (and the commodity based indexes) on Wednesday was needed for this bull market to continue. It's all a part of the natural consolidation phase any stock, commodity or index goes through. We have just witnessed a healthy correction in a commodities super cycle and see it as a great buying opportunity.

    The gold market, as a whole, has been resilient for years and most impressively over the past 3 months. Demand for gold investments in 2011 broke 2010's record by 5%. All signs point to another record breaking year for gold demand in 2012. An ounce of gold could very easily be worth over $2000 by the end of the year. JP Morgan predicted that it would hit $2500 an ounce much sooner.

    We can thank central bankers and our irresponsible politicians for gold's surge. Many of the most powerful money managers in the world are beginning to acknowledge that gold has become a quasi-currency. This is because no one trusts the authorities to properly manage fiat currencies over the long-term. And why should they?

    Unlike fiat currencies, which have all continually lost purchasing power, gold has maintained its value for 5000 years. Gold is a commodity investors can't afford to ignore. "

    Oh, One more thing, and it is no small thing!

    If Warren Buffett had sold all of his Berkshire class A shares 10 years ago, and only bought gold bullion, The "Oracle of Omaha" would be ahead another 500% today. Just the facts Ma'am!!
    Mar 3 11:15 AM | 2 Likes Like |Link to Comment
  • Bernanke Ignites Bear Market In Gold And Silver [View article]
    When it comes to gold and silver, I guess I am just a realist. In reality, in 1964, a quarter could buy alomst a gallon of gas in the golld ol USA.

    Today, that same 1964 quarter, will buy just a bit more than a gal of gas. There is one simple reason. It is the silver content of that quarter. Since then, of course, all of the silver content has been removed from coinage, just as in past centuries, the gold content was removed from coinage, for the very same reason.

    4500 years of history doesn't lie. It give you perspective.
    Mar 2 09:28 AM | 2 Likes Like |Link to Comment