Gold and Silver Capitulation – A Good Thing!

Lynn On July 30, 2010 / General Market, Gold, Silver

By: John Fisher Earlier this week, gold fell $25.10 to $1,158 per ounce as the price of silver declined by $0.57 to $17.63 per ounce. Today, 7/29, gold is trading at $1,167 and silver at $17.60. We are approaching a capitulation point in the price of gold

Goldline, Frequent Advertiser on Conservative Talk Shows, Faces Hearing, Lawsuit

Lynn On July 22, 2010 / General Market, Gold, Silver

By MATTHEW MOSK and BRIAN ROSS July 20, 2010 — Congress will ask top executives from Goldline, the precious metals dealer that is a major sponsor of Glenn Beck’s television and radio programs, to testify about the company’s aggressive sales tactics. Rep. Anthony Weiner (D-New York) and

How to Counterfeit

Lynn On July 20, 2010 / General Market, Gold, Silver

Governments can print money to pay for bailouts, corporate takeovers, quasi-government takeovers such as Fannie Mae and Freddie Mac, social programs, health care, cash for clunkers/appliances, extended unemployment benefits, and any myriad of other new spending programs… but they can’t create gold. The U.S. government via the

“Made in China” never sounded so “Golden’”

Lynn On July 8, 2010 / General Market, Gold

By: John Fisher China has actively begun to diversify its mountain of foreign reserves stemming from its trade surpluses. Their central bankers failed to diversify their reserve holdings out of primarily US Treasuries. Last year, China’s reserve holdings declined substantially due to both dollar devaluation and lower

“Caution! Gold and Silver Prices Peaking!”

Lynn On July 6, 2010 / General Market, Gold, Silver

By: John Fisher You will hear this warning often during the course of this bull market in the precious metals. Always, always remember – gold and silver climb a “Wall of Worry” all the way through Stage Two of a three stage bull market. And the bull

Benefit from the Fall

Lynn On July 2, 2010 / General Market

By: John Fisher Yesterday was a GREAT day for those who hold precious metals. When the gold and silver markets fall as hard and as fast as they did yesterday, that almost invariably foretells of higher highs ahead. Plus, we get a great buying opportunity at the

Monthly archive for July 2010