From the monthly archives:
We’ll have to see where gold ends, the day, but it started the morning strong. Strong enough that I made new recommendations for Red-Hot Commodity ETFs and Red-Hot Global Small-Caps. Then gold turned lower. Dang!
These positions are small and we’re using stops, so if the market turns against us, it won’t hurt that much. And meanwhile, [...]
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In an article I just turned in for Dow Jones Marketwatch (it will be published in March) I wondered about the safety of Caribbean Banks — the ones that promise “ultimate privacy” for discerning clients. Basically, they’re banks where you go if you …
A) think you’re going to get sued and want to shelter some [...]
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yesterday, my subscribers got a report on a Canadian-based company exploring for silver in Mexico — Mag Silver. The company has a new resource estimate out today. Read it here: http://tinyurl.com/dcte8g
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We know that the relationship between gold and the dollar has changed. It used to be that gold moved opposite (inverse) to the U.S. dollar; now they tend to track each other. What changed?
A recent report in Bloomberg says that the dollar’s inverse relationship with gold reversed as the global recession deepened, increasing the appeal [...]
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You might say he’s only adding to my freak out. Check out the latest …
Renowned investor George Soros said on Friday the world financial system has effectively disintegrated, adding that there is yet no prospect of a near-term resolution to the crisis.
Soros said the turbulence is actually more severe than during the Great [...]
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I’m flying back from Phoenix today. Here’s what I’m reading as I wait for the rest of Phoenix to wake up (I’m still on East Coast time).
First, more on the euro’s troubles, in Eastern Crisis that Could Wreck the Eurozone
Manufacturing and shipping around the world are collapsing. And people wonder why we worry about the [...]
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I’m starting to put some charts together for my Money and Markets column later this week. Here’s one I will probably use …
You can see that the U.S. dollar is doing well, gold is doing better, and silver has turned in the best performance for the year to date. Crude oil and the S&P 500 [...]
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I’m still in Phoenix. I’m going to appear on Al Korelin’s radio show, which he is taping today (I’m not sure when it broadcasts). Then I have to go talk to a silver company I find very interesting. Then it’s back to my hotel room to write, write, write.
Marketwatch asks: “Yellow metal’s rise again outpaces [...]
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I’m speaking in Phoenix today. We haven’t looked at this one in a while, but here’s a chart of gold versus the US dollar, the S&P 500, the Dow and the CRB.
you can see that, like the last time we looked at this chart, both gold and the dollar are outperforming the market. But here’s [...]
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I’m traveling today — John and Dinesh are watching the portfolios while I fly to Phoenix. For the record, I hate flying. On the other hand, it’s always worthwhile when I get to where I’m going. I’m off to speak at the 2009 Phoenix Resource Investment Conference. Maybe I’ll get into an argument over the [...]
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