Prudent Investor

Equity Markets, Forex and Precious Metals

JP Morgan once said, "gold is money; everything else is credit." He did not mention that credit comes with today's rediscovered danger of counter party risk. Only PMs are a value in itself and not the obligation of another entity.

Why Commodities May Be Nearing a Turning Point

Nice reminder that bull markets like to travel with as little baggage as possible.

If the Silver ETF Does Drive Up the Price of Silver, Who Loses? (TIF, EK, DOW, DD)

One can also include electronics companies in this list as silver is the conductor with the best price-performance relation.