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  • Gold And Silver Might Bounce On Selling Exhaustion [View article]
    Good stuff George, and agree 100%.
    Jul 5, 2013. 09:24 AM | 1 Like Like |Link to Comment
  • How To Remain Bearish On Gold [View article]
    Recycled article.
    Jun 27, 2013. 10:34 PM | Likes Like |Link to Comment
  • Time To Buy Most Hated Asset Class Approaching [View article]
    It's clear from today, where a rise of a fraction of a percent in GLD translated into a 4+% rise in GDX (and a 13+% rise in my old favorite NUGT!) just how much some mining stocks could rise when there's a tailwind from the metal prices.
    However, it's far from clear that gold and silver have bottomed - a final washout awaits soon, imo.
    What intrigues me is: how do you calculate that gold is "xx% undervalued"? Valued against what? Gold has no immediate value - it's a perceived store of value against everything else. Price is purely supply and demand. It can never be at the "wrong" price.
    May 29, 2013. 07:07 PM | 1 Like Like |Link to Comment
  • The Commodity Boom Is Over [View article]

    Tying the price of gold to Chinese capex is a stretch.

    Unless they're building factories with it. :-)
    May 1, 2013. 08:00 PM | Likes Like |Link to Comment
  • Encouraged by the efforts of gold miners to be more transparent about costs, Andrew Bary of Barron’s over the weekend makes the case for owning beaten gold-mining stocks. The more accurate - i.e., higher - cost estimates aren’t just about trying to be more shareholder-friendly, they're about trying to avoid shakedowns by revenue-hungry emerging market governments. [View news story]
    Well, I hope so, but banking stocks were more nailed to the perch by governments and central banks. It seems doubtful they'll ride to the rescue of gold miners!
    Apr 22, 2013. 03:36 PM | Likes Like |Link to Comment
  • Is Silver Going To Crash Further? [View article]
    Avi as a contrarian indicator. Lol! Like it!
    Apr 21, 2013. 09:13 AM | 2 Likes Like |Link to Comment
  • Gold - The Ultimate Blame Game [View article]
    Thanks Avi. However, your numbers seem to get lower by the week. Last week it was 142-143, and (when I queried this) you mentioned 137.5 as a potential bottom. This week it's 124-127. How low can we go before your charts say 'It's broken'?
    Apr 21, 2013. 07:23 AM | 2 Likes Like |Link to Comment
  • Is Silver Going To Crash Further? [View article]
    Avi - thanks as always for your thoughts.

    "..the longer term pattern in silver may break down.." Oh dear, I think this is the first time you've voiced doubts about an eventual moonshot. And I've just purchased a shiny new spacesuit! Please confirm that you think this is a very low probability outcome.
    Apr 21, 2013. 07:08 AM | 3 Likes Like |Link to Comment
  • Are You A Scared Silver Investor? [View article]
    OK, now I'm a really scared silver iinvestor!
    Apr 15, 2013. 07:46 AM | 2 Likes Like |Link to Comment
  • Are You A Scared Silver Investor? [View article]
    So far on this Monday morning in London it hit $23 virtually on the button, and then bounced a bit. Spot on Avi!

    Just hope when the US opens they don't have different ideas....
    Apr 15, 2013. 07:16 AM | 1 Like Like |Link to Comment
  • Time To Sell Your Gold? [View article]
    Thanks Avi.
    Apr 14, 2013. 07:14 AM | 1 Like Like |Link to Comment
  • Time To Sell Your Gold? [View article]
    Good article Avi, and thanks for being so transparent.

    My WAG on GLD is that you're being slightly optimistic. The trend on the gold:SPX ratio seems to target 1.23, a 10%+ change from today. If silver is going down from $26 to $23 (another 10%+ change, as per your sister article) then 141 on GLD seems high by comparison.

    Oh well, do you see any chance of a dead cat bounce before hitting bottom to allow us desperate types to bail and get in lower? :-)
    Apr 14, 2013. 06:23 AM | 1 Like Like |Link to Comment
  • Gold And Silver Break Several Technical Barriers, What's Next? [View article]
    This article appears (with a coupla minor mods) every few days. Why SA? Do you have a recycling policy?
    The basic points appear here from mid-2011:
    Apr 13, 2013. 02:23 PM | Likes Like |Link to Comment
  • Goldman's short call on gold looks prescient, as comex gold sinks $63.50 to settle at $1,501.40/oz. for its lowest close since July 2011. Traders and analysts see no obvious trigger for the selloff, which seems to reflect the malaise that has gripped the market. Silver slips $1.37 to $26.33/oz. Miners are huge losers: HMY -7.5%, ABX -7.3%, AEM -6.9%, AUY -6.2%, SLW -5.6%, NEM -5.2%, EGO -4.9%, GFI -4.8%, GG -4.5%[View news story]
    I'm with GS. Time to buy into stocks at an all-time high, and sell PMs after 2 years consolidation and a major daily crash. Makes perfect sense.
    Apr 12, 2013. 03:27 PM | 1 Like Like |Link to Comment
  • Gold miners (GDX -4.5%) are getting destroyed as gold prices cross into bear territory. Capitulation, if it’s here, would mean a true bottom in price, and Tocqueville Gold Fund's John Hathaway says that's what we’re approaching; he sees strong macro fundamentals for gold, investor sentiment at a negative extreme and compelling valuations in mining shares - "a contrarian's dream scenario." [View news story]
    Yep, it can't get any worse. Oh wait.....
    Apr 12, 2013. 01:03 PM | Likes Like |Link to Comment