dionysos

Speculators Still Dominate the Gold and Commodities Markets

Good article on fundamentals of palladium and platinum. I just follow the charts and PAL SWC are breaking out of a base. Good enough for me to buy as a trade with a stop under recent support. The white metals including silver are a better play right now than gold because they will be needed to feed the reflation that must come if we are to avoid major deflation/depression.

The Euro Shows Its Real Colors

Today's run up in gold reflects currency weakness across the board. Recent rise in US$ is not because of dollar strength, but other currencies relative weakness in perilous times. The market is realizing that gold is the only safe haven in the inflation that must come to stave off deflation. This is Bernanke's main goal: to prevent a repeat of depression by inflating. Gold stocks are currently very undervalued in relation to the price of gold and they will move up at a higher rate than GLD.

Have Gold and Silver Prices Reached a Tipping Point?

Excellent analysis of current situation re:gold and silver. This is a huge flight to safety in highly (hyper?) inflationary times. I expect the miners and producers to follow the price of gold up soon.