Send Message
View as an RSS Feed
  • Gold (GLD, IAU) bulls may take comfort as Dennis Gartman jumps on the bearish bandwagon, calling the metal an "aging athlete" and "a broken commodity." The man who loved "stuff that hurts when you drop it on your foot" 2 years ago says the price is headed to $1K if $1.2K support is broken. HSBC's James Steel disagrees, seeing strong physical demand lifting the price to $1.6K in H2 and $2K in the longer term.  [View news story]
    Gartman recently said that he was buying gold with yens, totally stupid since even if gold goes up the yen's heading down
    Jun 18, 2013. 09:27 AM | Likes Like |Link to Comment
  • Gold gets a downgrade at Goldman Sachs, the firm lowering its 2013 end-of-year price forecast to $1,800/oz., and 2014 to $1,750. "We see growing downside risks ... the gold outlook is caught between the opposing forces of more Fed easing and a gradual increase in U.S. real rates on better U.S. economic growth."  [View news story]
    Typical GS...downgrade so they can buy it cheaper later on
    Dec 5, 2012. 09:36 AM | 4 Likes Like |Link to Comment
  • Silver's Stealth Rally  [View article]
    Hi Jared....what do you think about copper at this time?? I'm already long silver USLV
    Sep 14, 2012. 08:54 AM | Likes Like |Link to Comment
  • Goldbugs may want to ask John Paulson to stop as the ice-cold fund manager upped his stake in GLD by 26% to 21.8M shares in Q2. (13-F[View news story]
    The problem with Paulson is since he made his money on shorting the RE market hasn't done anything but lose on most his holdings...
    Aug 15, 2012. 08:59 AM | 1 Like Like |Link to Comment