“If we’re right about where the price of gold is headed, the general public will someday clamor to buy all things gold. While gold stocks will be where the real leverage is, the rush will start with gold itself. As a gold editor, I have a very natural question: is there enough to go around? “

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And how do you calculate it? I could just look like a genius here and give you the details on the refinery crack spread and how to calculate it. But that wouldn’t be fair. I found out this information in the current edition of the Casey Energy Report. The “crack spread” represents how much money [...]

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The not so safe, safe deposit box. If you have gold or silver stored in an ordinary safe deposit box in a U.S. bank, you may want to reconsider. Governments desperate for funding for their boondoggles and pork will resort to anything they think they can get away with, from red light cameras and speed [...]

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“As the U.S. strategic petroleum reserve (SPR) approaches capacity (721.5 million barrels filled out of a total possible 727 million, and will be filled by January 2010), the federal government will fade out of the oil-buying business. Some bearish traders believe that this factor can weigh in on prices, since most petroleum stocks in the United States are government-held rather than private. Bullish traders have also used the filling of the Chinese SPR as a reason that oil should go much higher…”

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This past weekend Casey Research held their Energy & Special Situations Summit in Denver. If you were not able to attend, I understand tapes will be for sale sometime soon. Here is a brief recap of the conference: Gold is money and it is going higher, so it is also a good investment. But the [...]

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I have spent a lot of time on Peter Grandich’s Agoracom Blog ever since it was started in early 2009. Prior to that, it was the Grandich Letter; but there was a hiatus while Peter was very ill. You have to remember, as is pointed out over there, that the blog is Peter’s and he [...]

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Simon Black, former co-editor of Without Borders has some time and good connections in China and he has been checking out the gold buying in China. You can buy gold in China at any bank– even tiny banks in tier-3 cities sell gold.  More importantly, however, the government is setting up official Chinese Mint stores [...]

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Gold, and the companies that produce it, have enjoyed a brisk runup of late, as the metal mounts yet another assault on the beckoning, symbolic $1,000 level. How much of this can be traced to what China has done, is doing, or may yet do?
We don’t know, but we suspect it’s not entirely coincidental. All rumor and speculation aside, as China clearly turns more and more bullish on gold, so will everyone else.

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Richard Russell of the Dow Theory Letters, insists that we are still in the midst of a gold bull market and: The bull will do everything it can to shake us off its back (but hang on!) There are forces unknown (manipulation) holding back the price of gold, at this point desperate to keep it [...]

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The price of gold has again topped $1000 per ounce, and the senior and junior gold stocks are starting to move up as well. Is this the real thing? Is this the gold bull market we have been waiting for? Up until now, gold has been in stealth mode; gradually working its way up in [...]

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