This essay comes to you courtesy of Casey Research. I just received an email today from one of the staff at Casey Research telling me, person to person, that everyone there is fully convinced that Doug Casey’s famous phrase:
Gold prices will go to the Moon
will turn out to be prophetic sooner than your talking heads [...]

Continue reading " Gold Buyers Smash Records "

One of the reasons for the extreme sell off in precious metals stocks, especially junior resource stocks trading on the Canadian exchanges, is tax loss selling.
Now I wonder why people are so interested in selling for a loss in a year when I’m betting many of those investors have no profits to offset (my profits [...]

Continue reading " Why Tax Loss Selling of Precious Metals Stocks is More Than You Think "

Dennis Gartman of The Gartman Letter, a $500/month financial newsletter, has a short gold position on at about $810 with a stop in the low $830’s (which came close to taking him out).
Recently, however, upon attending a gold conference Mr. Gartman noted extreme despondency among the participants.
Knowing that the extreme optimism last Spring was a [...]

Continue reading " Dennis Gartman is Concerned About Being Short Gold "

This first video is Wall Street Report interviewing Mark Morabito the President and CEO of Crosshair Exploration, a junior Uranium exploration stock that has pounds in the ground and cash to survive this financial storm.

click here if video is not displayed above
Crosshair Exploration’s stock has been hammered along with everything else; but in this difficult [...]

Continue reading " Crosshair Exploration - Videos With Management "

Lost Principles
By Olivier Garret
CEO, Casey Research
As the economic crisis continues to unfold, recently a sense of uncertainty has begun to pervade the market. Even dyed-in-the-wool risk takers admit that they don’t know what to think anymore. Inflation, deflation, recession or depression - there are so many vagaries that it appears to be anyone’s guess [...]

Continue reading " Lost Principles in Economically Uncertain Times "

All of those advisors who were totally wrong about how bad this economy can get should become unemployed. Please don’t delay that desired eventuality by continuing to pay them.
On the other hand, some financial newsletters have pretty much hit the nail on the head, if not always predicting what will happen to precious metals shares. [...]

Continue reading " Economic Advice You Can Take To The Bank.. A Solvent One "

When you consider that, according to some, the only reason oil went to $140+/bbl was those evil speculators, and said speculators are now mostly broke, is oil going to stay down at these levels for good?
I’m guessing not. And to back up my thoughts is Rick Rule of Global Resources who sent around an email [...]

Continue reading " Are Oil Prices Down for Good? "

Gold has now been over $800 for a few days, but Dennis Gartman isn’t buying this rally - he’s selling it. Dennis went short the other day at $808 with a 3% stop (about $833, I think). Mr. Gartman sees the current gold price strength as nothing more than a bear market rally.
In contrast, Peter [...]

Continue reading " Dennis Gartman Does Not Believe In Gold Rally "

JIm Rogers the international commodities guru living in Singapore has made it clear that he feels the ultimate direction of the U.S. Dollar is DOWN.
This really doesn’t come as a surprise to any thinking person what with the Treasury and the Fed intervening everywhere they can:
There is no such thing as markets, only interventions
is becoming [...]

Continue reading " Jim Rogers Sees Lower U.S. Dollar "

More and more people the world over are wondering where you can buy gold coins today. Dealers have been sold out for weeks going on months. Long delays and high premiums over spot price of gold prevail.
You cannot just buy gold coins on the internet anymore
Internet outlets for gold coins have dried up; and quite [...]

Continue reading " Where You Can Buy Gold Coins Today "