Don’t Be Fooled: A Stealth Bull Market in Gold and Silver Is Underway

What gold and silver investors want to know above all is when the bull market will resume. In a very real sense, it already has resumed. Futures market prices aside, evidence abounds that a raging bull market in physical precious metals is now underway. In the third quarter (ending September 30th), coin demand went through … Read more

Speaker Boehner Readies Final Sellout As Debt Ceiling Debacle Looms

It’s campaign season, and that means non-stop media coverage of candidate polls, quips, gaffes, tweets, emails, controversies, lies, and scandals. It all makes for a good soap opera. Unfortunately, it’s almost all irrelevant in the big picture. The media prefer to focus on the sideshow rather than the 800-pound gorilla in the room: the looming … Read more

Inflation Deniers Emboldened by Gold’s Struggles

The vultures are circling. Precious metals bulls, laid flat by gold and silver prices dropping for the 5th week in a row, are watching deflationists such as Harry Dent and the financial media squawk about the imminent demise of precious metals. The superficial and condescending coverage of the metals markets in the financial press has … Read more

Is Gold a Stupid “Pet Rock” or a Bedrock Asset?

Greece defaulted at the end of June, and metals investors expected higher prices in July. What we expected isn’t what we got. It isn’t the first or last time markets surprised investors. Do lower spot prices mean precious metals are failing as a safe-haven investment? Jason Zweig, from the Wall Street Journal, thinks so. He’s … Read more

U.S. Economy Slouches toward Recession as Eurozone Crisis Widens

Federal Reserve chair Janet Yellen may have missed her window of opportunity to raise interest rates. The economic data no longer paint a picture of even a tepid recovery. Since the start of the year, key indicators for the economy began pointing toward recession. Add to that the recent Eurozone chaos surrounding the Greek default … Read more