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  • Tremors That Will Cause Gold Price Volcano [View article]
    Only those with no ability to think whatsoever believe that inflation is subdued or that the government statistics are accurate. The price increases we are seeing at the grocery store are almost as bad as what existed back in the 70's. City property taxes and fees are rising at double digits per year. Medical costs are out of control. The bottom line is that the real inflation rate is much higher than what our government tells us. The word 'deflation' is a joke and means nothing to the struggling middle class.

    Now there is an index that provides a means of tracking inflation. According to the Chapwood index, which measures the real price increases of a basket of 500 items the average family buys, the actual inflation rate is nearly 10% yearly with a cumulative total of 47% since 2010 versus the government claim of only 7% for the same period.

    Some believe that gold can provide protection of wealth against the ravages of inflation and that is probably true over the long haul. Given the true inflation rate is in the double digits, it is only a matter of time before gold moves up to new highs.

    Read more here and pass the link on to as many as you can if you beleive that we are being lied to :
    May 30, 2015. 10:54 AM | 3 Likes Like |Link to Comment
  • NatGas Plunges As Inventory Builds Accelerate [View article]
    The recent rally was no fun for the bears who must now be greatly relieved to see NG retreating. I sold out on a profitable long position at $3.05 which I had been holding for a much longer period than usual and which was in a loss position just a month ago. Needless to say, the rally was appreciated!

    NG has a reputation for illogical pricing behavior and I am betting that the bears are going to get burned. In fact, I took out a new long position today at $2.64 and will aggressively buy more if the price falls further. Sure, we may see new yearly lows (sub $2.54), but such an occurrence should be viewed as opportunity to get in cheap.
    May 29, 2015. 06:49 PM | Likes Like |Link to Comment
  • The Stock Market: A Picture Of Excess [View article]
    After reading this well presented article, my money losing shorts and reverse ETFs don't look quite so awful. One thing that I find 'different' about this bull market is the complete lack of corrective action. Even very minor pullbacks are quickly bid back up, almost in a panic mode and without much retail involvement.
    May 28, 2015. 12:22 PM | 2 Likes Like |Link to Comment
  • Oil - This Ain't Like The Rest [View article]
    i have to agree with Go lakers. In time, demand will once again out-strip supply and prices will be back into the triple digits. The only way that this time will not be any different than previous price crashes is if an alternative to carbon based fuels comes on stream in a big way (cold fusion?).
    May 27, 2015. 04:06 PM | Likes Like |Link to Comment
  • Oil - This Ain't Like The Rest [View article]
    I tried to fully read this article but all I could see was PRICING VOLUME DEMAND SUPPLY .......over and over. The author does make some good points but his excessive use of caps does not help his thesis. Instead, the caps disrupt the flow of information and causes readers to be less likely to finish or to assign credibility to the author's arguments.
    May 27, 2015. 03:40 PM | 4 Likes Like |Link to Comment
  • Seeing Significant Demand For Gold From Central Banks [View article]
    Nothing new here. The story of Central Bank buying gold has been beat to death by multiple authors since gold peaked in 2011. So, what have central bank purchases done for the price of gold since then? For the past four years, it would seem, not much. Both Russia and China buy gold from domestic mines although China does import some.

    Now, if the Fed were to begin buying real gold instead of selling (via naked shorting on the COMEX) , we could expect to see upside pricing pressure. Unfortunately, the FED has no interest in undermining the value of the American dollar by allowing gold to soar. They will only lose control when American investors demand physical gold rather than playing into the hands of the FED by 'purchasing' gold via the ETFs.

    it is noteworthy that lately, Walmart has been jacking prices by 15 to 25% in one shot for an increasing number of items. Food price inflation is currently worse that of the 1970's. Hoarding is intensifying. It won't be long before rampant inflation infects everything else. Even the dumbed down part of the population is becoming aware that something is seriously amiss with government supplied data on inflation (and employment). Deflation is just a word that has little practical meaning to the average consumer except that gasoline has dropped some. So what. Rents are way up, houses prices are on the rise and food prices are sky-rocketing. Everything is NOT awesome!

    Neither GDX, HUI or gold have made a new lows for over 6 months. Volumes have been well above average. Those facts is a pretty good indication that someone has been accumulating in preparation for a new bull run. Let's pay attention.
    May 16, 2015. 01:27 PM | Likes Like |Link to Comment
  • The Real Reason China Is Buying Up The World's Gold [View article]
    Very good article.
    May 14, 2015. 02:17 AM | Likes Like |Link to Comment
  • Natural Gas - Inventories Rising Along With Price [View article]
    Lots of unhappy and disbelieving shorts. I don't think the punishment is over yet.
    May 12, 2015. 02:33 AM | Likes Like |Link to Comment
  • Precious Metals - Gold Continues To Disappoint Everyone [View article]
    Sideways price action or 'range bound', almost always leads to a sudden and dramatic move that sets the tone for a longer term trend. Sometimes there will be a sharp break in the opposite direction that serves to clean up on the stops before the new trend takes hold.

    So, what does this mean for gold? I don't know, but I do know but many of the miners have positive looking charts.
    May 11, 2015. 03:36 PM | Likes Like |Link to Comment
  • Natural Gas Prices Should Heat Up Soon [View article]
    Lodstar33: How do you know last week's rally was a 'short covering rally'? Just curious.
    May 3, 2015. 04:18 PM | 1 Like Like |Link to Comment
  • Natural Gas Prices Should Heat Up Soon [View article]
    As a NG futures trader, I can find no value in this article. The author does little except to state the obvious. Yes, natural gas will be in greater demand in the future while prices of the present are low. Nothing new here.

    It should be noted that higher demand does not necessarily equate to higher prices as demonstrated by current crude oil prices where excess supply, not weak demand, has cut the price dramatically.
    May 3, 2015. 11:25 AM | 7 Likes Like |Link to Comment
  • China: The Global Demand Side Of The Oil Price Equation [View article]
    Excellent article with a 'big picture' viewpoint. I have been around long enough to know that oil gluts rarely last very long. We will be seeing oil well in excess of $100 before we know it and Chinese and Indian consumption will the driver.
    Apr 25, 2015. 11:20 AM | 1 Like Like |Link to Comment
  • Russian Gold Reserves Jump In March: What It Means For Gold Investors [View article]
    Hebba attempts to shed some light on the recent purchases by the Russian central bank and proceeds to provide 'reasons' that hint of a hidden agenda. Of course, it must be a conspiracy of some sort. Right? Well, not really, read on.

    Hebba fails to tell the full story. The gold the Russian central bank is accumulating is not coming from the American based COMEX but rather from domestic mines which are hurting thanks to western sanctions and a low price. The Russian central bank is doing what it can to soak up excess production and keep the mines open. Think of it as an American style 'bailout'. No conspiracy here. Here is a link to a story concerning this issue:

    Russia is now the third largest gold producer in the world and produces nearly 250 metric tons of gold per year. Realistically, the 31 ton 'purchase' by the Russian central bank is a drop in the bucket and it puts zero pressure on western mine producers or on the price of gold.

    I think that gold will eventually resume it's bull market (as priced in US dollars). The American public is beginning to distrust it's government and it's only a matter of time before they lose faith in the value of the their currency. It will be Americans that drive up the price of gold, not the Russian government and a central bank.
    Apr 25, 2015. 10:56 AM | 4 Likes Like |Link to Comment
  • Battered NatGas Tests $2.50 As Injections Pick Up Steam [View article]
    Selling NG at $2.50 is a money losing proposition for many producers and obtaining additional financing to drill for even more money losing product is not going to be as easy as it was a few years ago. The bankers are nervous about throwing more money into drilling thanks to the collapse of energy prices. At some point, we should see a tightening in the supply.

    I have a modest long position and I admit that it's not looking very promising. However, I think I will hang for a few more weeks for a possible surprise rally that few would be expecting.
    Apr 24, 2015. 10:00 PM | Likes Like |Link to Comment
  • U.S. Stocks: Timber! [View article]
    Is the FED or any other central bank buying lumber? Didn't think so. The mystery of non correlation is solved.
    Apr 23, 2015. 04:17 PM | 1 Like Like |Link to Comment