Are You Bullish?

Are you bullish? “On a medium-to-long-term basis we (Citi) remain very bullish on Gold,  As can be seen from the chart, gold has never stayed below that “stairway to hell” for very long. Given that the debt limit number is going to continue higher, a re-emergence of Gold

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Bear Market….Reality Check

Bear Market….Reality Check Whistleblower Andrew Maguire told King World News that massive global physical demand reveals that gold is in fact in a full-fledged bull market and that the gold bear market theory is simply not valid.  Do you believe it? Here is a quick review of his “reality

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Don’t Lose Sight of the Facts!

Don’t Lose Sight of the Facts! The U.S. national debt is approaching $17 trillion. Unfunded liabilities are more than $123 trillion for entitlement programs alone. The Federal Reserve is unable to raise interest rates anytime soon despite rumors to the contrary. If rates were to rise to

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Is This the Bottom?

Is this the bottom? Yesterday, Monday May 20th,  gold and silver experienced their most violent movements since their shocking two day downturn in mid April.  In the extended weekend session, silver broke down below long term major support at $22, a figure not seen since the fall

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What is Happening?

What is happening? Physical demand for gold, and especially silver is VERY strong.  Silver deliveries are delayed for a minimum of 4 weeks and as much as 8 weeks or longer.  Premiums on physical silver are up substantially as the physical demand for silver far outpaces supply.  There are

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Gold ETF Holdings Plummet

Gold ETF Holdings Plummet Gold ETF holdings have been steadily declining so far this year. Investors sold a net 106.2 metric tons (approx. 3,414,330 ozt) of ETF gold products valued at $5.4 billion in February.  In March, investors sold a net 26.1 metric tons (approx. 839,115 ozt).  

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Silver Squeeze

Silver Squeeze The silver price is being “squeezed” between a two year long support level and two year declining resistance level.  A major breakout one way or the other is coming.  Fundamentals support a break to the upside.  Buy anywhere below $30.   NOTE: Consider swapping a portion

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