Boot

Reading the Tea Leaves on Rubicon's New Drilling Program

I would think bulk sampling would be in their near future. Have to agree that things look promising. Bonanza grades at Pheonix.

Silver Futures Show Markets Are Acting Strangely

Lets bust through that barrier. I was a buyer last week and this. Stock/bullion/coins. Short Squeeze!

Gold: Is Now the Time to Buy?

If gold is on the rise, and will sustain that rise, what will silver do?

Gold Notes and Silver too

Is that a picture of the French Navies Frigate that the priates took on? Ta

Gold Notes and Silver too

Freya, noted. I have already made pretty good buck or two with light investments in companies that the Chinese have a 50% interest in. They are good for any early run up in the micro-caps when they get involved. I have either taken profit or gotten out once they are run up. Boot

Beware Fortune's Gold Warning

Wall St would push gold if they had it. Looks like they are lacking the gold, and using silver shorts in an attempt to keep a lid on both. Methinks they are loosing their strangle-hold. Time will tell. Boot

Gold Surges to New Record Highs: Media Is Apathetic

Thanks for the article. Yesterday afternoon I saw some profit taking going on in both gold and silver explorers and producers, large and small. Question is will those who took profit regret being quick on the trigger. I agree that there is much more upside with fundamentals as they are. Aside: The COMEX must be having a rather unpleasant week. Boot

The Kangaroo is loose (Send in the clowns)

Interesting! Pun intended. Should be a costly week for the silver shorts. Ante UP!

Gold Notes and Silver too

Your names have been popping up on my radar more often. Thought I would weigh in.
Segway on the China gold article: What I have found interesting is the inroads China is making in multiple mineral mines in addition to gold/silver. They Northwest (China based Geo group) has their fingers in Yukon Gold, and Firstgold (51%). Additionally I have followed progress in Mosquito Mines, Moly Mines. They are financing operations that Western banks wouldn't back. The SP on Mosquito and Moly Mines went from the .30s to over 1 dollar in short order. I think I will start to monitor everything the Chines back. Boot

Gold's Record Monthly Close: Technically Significant

I have to admit I am getting used to seeing gold spot hovering around 1K now. Should be interesting going forward with the reserve currency bring questioned by Russia and China. Thanks for the article. Nice web site by the way. Boot

Beware the Current Bull Market in Derivatives

Yes, buyer beware. Large US banks who are the "best" at the derivative markets that are too big to fail (have). The US taxpayers are too small to sustain bailing out the both the Titanic and the rest of the fleet as it takes on water. Time to let some of the fleet flounder and go under. The housing market and its leverage aren't the only iceburgs out there.
When will we stop sailing in derivative seas when they are starting to freeze?

Silver's 3.5 tipping point

Silver shorting is all about taking a small loss in a small market to prevent a larger loss and being exposed to fraud in a larger market.
The OTC bullion market is vast, and central banks have about 200 billion in open options outstanding. www.bis.org/statistics...
If silver got valuable, then they risk the potential of having to hand over 200 billion worth of silver bullion which they simply don't possess. (a run on the banks as happened with gold several times in history)
The COMEX supresses silver on the open market to prevent greater losses in the OTC bullion market. If they lost control of silver, then central banks around the world would have to renig on all the paper silver they have not backed with physical holdings to the tune of over 200 billion. They also benefit from strengthening all their USD postions by preventing gold/silver from rising too high.
A longer explanation was written by Jason Hommel:
www.stockhouse.com/Blo...

Get out of dodge silver

Mind if I join in this stream.? As a silver lover it caught my eye. Boot

Today is the 140 Year Anniversary of Black Friday 1869 and the Gold 'Crash'

Bravo!

A Radical Solution for America's Insolvent Financial System

I agree that there needs to be an orderly bankrupsy. However, giving the government the power to be the digital bank doesn't give me warm fuzzies. I simply don't trust our current (albiet privately owed FED) and the inroads these oligarchs have made in the US govt at all levels. Who would run the GOVT bank, but the current banksters. We need to disband the FED and create seperation of Banks and State. We fought for religious freedom, now we need to do so in the market place.
Aside: If we hadn't abandoned the gold standard in 1971, would we have been in IRAQ or Afganistan at all? Wars cost real money, but the leveraging of fiat currencies has put the US in several theatres that it simply couldn't of afforded otherwise. Again, banks making inroads on US foreign policy. Not a fan, and I don't say it lightly being US Army (ret).