De Graaf

Dow Breaks 10,000 for 26th Time While Gold Shines

Well Jeff, I couldn't agree more with your writing. In fact, since I follow you, you make more than simple sense. Its valued.

Sound advice and keep it up!

Five New Forces to Drive Gold Higher

Dollar bugs...Whuahhaha

In order to survive with the fittest, you should consider becoming a Gold bug.

I didn't know the dollar bug still existed after all this evidence shown recently in US markets. The dollar is going banana's.

Dream on dollar buggiezz

Gaza War: Expect a Spike in Oil, Gold

A lot of people a truly blindfolded, as I read these comments.
Just by saying that a dollar will rise in times of war, could be true, in case of severe ground war in oil-rich nations.
Not when a few thousand troops and a handfull of tanks march into a dense populated Gaza strip! The fact that oil will rise for this matter is just fear mongering, and minor in effect after the speculation dimms out in a few weeks.

As for commenter NOWHEREMAN, who says gold didn't rise against all currencies, I would say; wake up and get your sources right!
Look at the link below, where James Turk shows a nice table of gold relative strenght against all major currencies.
Its is concluded that gold rose double digits against these projected currencies, even on basket average!

goldmoney.com/en/comme...

For every sole soul outthere; Gold will rise and the Gaza war will help temporarily, but not with oil prices of 70 / 80 dollar a barrel. Just 50 at max for a few weeks. Then its falls back again. Gold thrives on the deflationary force in the economy combined with the (hyper)inflationary policy of the FED. Oil has minor influence at this point in time.

brgds

Risky Opportunity Awaits in Junior Gold Sector

Osisko is in the same pond as NovaGold. Both need a significant amount of financing for their development and production setup.
Osisko for instance has $200M in cash but needs another $550M to cover their project development and removal of the remaining 170 household to the nearby village. So far ~35 homes have been 'moved'.

This is a serious risk in this environment unless you expect a short term recovery of the financial markets where Osisko gets loans like water.

You asses the risk and the deposits beneath it. I pick another one with cash and high grade deposits like; Sabina, Rusoro, Coeur 'd Alene. That are juniors that have the minerals (pun intended).

brgds,

Gold Stocks: Why It's All About the Bottom Line

A very prudent way of investing Andrew.
Let's make some money together in the coming bull.

brgds

Is It Time to Buy Gold?

As a contrarian, I really have to give Andrew Mickey the credits for writing this piece correctly, considering al the commenting goldbugs, who don't have an actual factual clue what its happening in the marketplace.

Andrew has his facts spot on this time.
For the loudscreaming commenters below Mickey, I would say;

There are basically two types of deflation;
Monetary deflation, and asset deflation.
What we saw from 2007 till now, is asset deflation. The outflow of credit from assets like housing, stockmarkets, investments vehicles etc.
What were facing today, is starting to behave like monetary deflation. The contraction of the money supply which is accompanied with lower prices for commodities, lower retail prices, differred investments etc.
The money supply also contracts with toxic assets that are 'worthless' in mark-to-market accounting. Although this toxic asset still is a liability, it consumes money be it as debt.

The FEDs printing of money, is merely 'on the books'. The actual moneysupply only increased about 10 percent, I read recently. The FED balance sheet, increase by 1500% almost. This money doesn't enter the real economy yet. But is used to prop up banks and buy maturing Treasury bonds. Its also being used for currency swaps with ECB and other Central banks.

If you know something about inflation, thats fine.
But go read a bit more about deflation also guys. Some comments are truly selffulfilling. Especially the guy who lost 6-figures in the tech bubble. He's gonna need a few years to make money on gold investments at the top.

Good article Andrew. Keep it up.