Paper On, Paper Off – Gold On, Gold Off

Paper On, Paper Off – Gold On, Gold Off The stock market is soaring.  The gold (and silver) market is tanking.  Why? It is part irrational exuberance and part paper intoxication.First, the Dow Jones industrial average rose 175.24 points, or 1.2 percent yesterday, February 27th, to 14,075.37.

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January Wrap Up

January Gold and Silver Wrap Up After running out of steam between the 55 day moving average ($1695) and $1700, gold has effectively resumed its sideways trading pattern from mid-Dec. Though anecdotal, there is some sentiment that many long investors may abandon positions if they don’t feel

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Heading in to 2013

Heading In To 2013 The fiscal cliff negotiations came down to a thirteenth hour compromise in which the US tax debate was temporarily resolved but spending issues were swept under the carpet to be resolved another day (a simple game of kick the can).  The market reacted

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Gold’s Trend

Gold’s Trend The continued downward pressure on gold is being driven by futures contracts (paper gold.)  Because gold futures volume outweighs actual physical transactions their influence is over-weighted.  The central banks are still buying and the gold-backed ETFs are continuing to increase their physical holdings on a daily

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Best Buys in Bullion

Best Buys In Bullion As promised in my article entitled “Bread and Butter”, I will share with you what I consider to currently be the best buys in gold and silver bullion, and why. Firstly, all items must enjoy our two prerequisites, low premium and high liquidity.  You want the best of

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