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  • Jim Rogers Favors Japan And Russia Over U.S. Stock ETFs [View article]
    You got it wrong. He said he was bearish on Japan. I just watched the interview.
    Jul 3, 2013. 06:06 PM | Likes Like |Link to Comment
  • Precious metals see a bout of major buying, with gold (GLD +1.5%) jumping about $25/ounce in the past few minutes, and silver (SLV +4.8%) soaring nearly a $1. Bearish for some time, Mark Dow reminds gold has been going down for 2 years, but the decline has only recently made the headlines. Gold's post-QE run was built on a number of misconceptions which have all cracked. The longs (silver too) are trapped and the bear market isn't close to over.
      [View news story]
    I'm in the same boat, with the same thing. A Fed member said today they will be increasing QE, just like Peter Schiff said. Goldman Sacs is heavily shorting because, 1) they have to acquire the gold to repay Germany, and 2) because they can. Hang in there, they will eventually cover their shorts and the price will skyrocket.
    Jun 28, 2013. 12:31 PM | 2 Likes Like |Link to Comment
  • Gold falls 1.3% to $1,588, the entirety of the decline coming in the minutes following the jobs report. In a little more than a day since a gold bull's dream - 3 major central banks loosening monetary policy and weak U.S. data giving at least a bit more impetus towards further Fed ease - the metal is off 2.1%. Silver is down 4.6% during the same time frame.  [View news story]
    What is PM????
    Jul 6, 2012. 02:15 PM | Likes Like |Link to Comment