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Silver Backwardation: Prices About to Soar

Strange understanding of the backwardation concept, to the contrary when backwardation is present it involves significant speculative positions which leads to a sell-off sooner or later. As you mentioned backwardation in Gold is receding so that the trend becomes more stable. This is why I stated yesterday that Gold would outperform Silver short term. I'm with the trend but I love to see a more step-by-step move in both Gold & Silver; those nasty rallies only force the price to a senseless volatility. I hope the precious metals do not inherit WS stupid behaviour, ETFs are playing with fire by continuosly messing with technical patterns. Price increases step at a time will provide more confidence in the bull trend and therefore ensure we reach over USD 1.000 in a decent and stable fashion.

Wall Street Breakfast: Must-Know News

The Government should pull off the breathing machine to AIG, it won't cause more damage to the economy than it already has and the medicine can go to non-terminal patients. I don't believe that AIG being to big to fail is a valid argument anymore, IT HAS ALREADY FAILED!!

Roger Wiegand: 'Severe Bull Market' Ahead for Gold

Good move CLH, I bet in 6 months we'll have the same authors saying that they anticipated the bear market in Gold jajaja!! I've been writing in this blog for a while now and I've been wrong only twice within the last 3 months. I'm shorting my heart & soul in Gold ( of course with a sensible exit strategy/stop). Don't be caught the in middle as Jim Cramer's viewers did, listening to him blaming market manipulators for his own ignorance (Jim led viewers to buy DJIA at 14.000 and then later said to Rick Santelli that he (Jim) had called for a bear market in stocks early this year). If the author is not one of those manipulators who can actually move the market (real money) then your forecast is just speculation, plain and simply put. Sometimes this articles just aim to get enough people in the same mindset trying to support existing market positioning. That is real market speculation/manipulati...

Some True Safe Havens Are Still (Surprisingly) Undervalued

I did not even read it all, Marc has excellent insights about the market but his brilliance becomes dilluted in the long articles he writes, more focus on the issues will atract more interest to actually understand the idea behind the analysis

Today's True Safe Haven Investments

The substance of Mark's articles is often overshadowed by the lenght of it. Keep it focused, you do a good job.

Commodity Roundup: What To Be Bullish On Now

The article is correct in many statements but make no mistake, bottom fishing has its own twist when it comes to trading particularly using margin, let the market tell you when it is time to buy, if the bullish case was the casenow. Remember that Gold bulls had let the individual investor to buy at higher prices like USD 850. Where would you be now having bought Gold at USD 850? Make your own judgement and let the bottom work itself out, Gold market consolidations take months of trading in a wide range, don't be surprised if you see Gold locked up between USD 650 and USD 750 for the rest of the year. 2009 may bring the usual bullish case for the first 2Q and then you'll have a clearer picture of the long term market for Gold