
The Caracas Syndrome
If I’m talking about Caracas, it’s to draw a parallel with Wall Street. In Venezuela, the stock market goes up because the currency devalues... The same is true in New York.
Read articleIf I’m talking about Caracas, it’s to draw a parallel with Wall Street. In Venezuela, the stock market goes up because the currency devalues... The same is true in New York.
Read articleGold is now a major bullmarket as evidenced by its strong breakout from a giant 6-year long base pattern in August. The larger trend is up. We had thought that it might react back closer to the breakout point before turning higher again, but it didn’t, and started higher again in recent days over...
Read articleThe end of the year should see silver prices rise sharply. One thing is certain, 2020 and 2021 will mark a major turning point in the History of money. Hang on to your precious metals. They are your security in the mess ahead.
Read articleCharts laying out my views for the gold price in 2020 and beyond.
Read articleGold - very similar pattern to our last big breakout and $150+ advance.
Read articleWhen stock markets fall, precious metals will continue their secular bull market which initially started in 1971 with the last leg starting in 2000. Anyone doubting that we are in a bull market needs to look at the annual charts of gold in US dollars and Euros.
Read articleChina's gold reserves stood at 62.64 million ounces (about 1,948 metric tons) at the end of November, central bank data showed Saturday. Chindia and Silk Road gold demand.
Read articleMongolia's central bank announced on Tuesday that it has bought a total of 14.4 tons of gold from legal entities and individuals in the first 11 months of this year.
Read articleWe are entering the ideal period to accumulate silver.
Read articleI don't usually like to forecast precise numbers, but, just for fun... $1700 Gold, $25 Silver and a Gold/Silver ratio of 68 within the next 6 months.
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