By: Marin Katusa & Marc Bustin, Editors of Casey’s Energy Report - 11 December, 2009
On an economic basis, geothermal has a virtually unique advantage among the "green" energies. Its power plants can compete with those fired by coal or natural gas even before any government subsidies. For geothermal operating companies in the United States, the government subsidies that Obama is showering upon the alternative energy sector are pure icing on the cake. Full Story
When one looks at real money, gold coins per se, it is hard not to notice the references to freedom and liberty. That is because "REAL MONEY" is freedom.............and liberty. It always has been, and it always will be. The truth be known, the modern route to slavery is through DEBT. Full Story
Summing up, precious metals have been correcting this week and it seems that we are in the early part of the decline, which unfortunately means that much is still unclear about the way the situation is going to develop from here. Many clues suggest that this decline is about 50% over, but I will not be able to make detailed extrapolations of the first part of the decline, until we are certain that it has been indeed completed. Full Story
By: Sol Palha, Tactical Investor - 11 December, 2009
The Government's report appears to be suspect. Jim Rogers openly states that all government statistics are blatant lies. Our belief is that the numbers are manipulated but the degree and depth of the manipulation is increasingly and becoming more open. Full Story
Squinting at the gold news from China, both official and private... CHINA'S LATEST SLEW of positive data "raises the prospect" of Beijing tightening its easy money and fiscal policies, or so the newswires claim. Currency strategist Steven Barrow at Standard Bank adds that China could be more significant for global liquidity than the United States, too. Full Story
By: Adam Hamilton, Zeal Intelligence LLC - 11 December, 2009
As the world’s second-largest exchange-traded fund, and sixth-largest holder of gold bullion, the GLD gold ETF has grown into a juggernaut. GLD’s mounting popularity among stock-market investors and speculators has made it one of the most powerful forces in the global gold markets. This ETF’s success is all the more remarkable considering it was born just 5 years ago, its rise to prominence has been meteoric. Full Story
For sure, Small Business and the Middle Class consumer have been helped very little, if at all, by the Bailouts and Stimuli. And neither have the small and medium sized U.S. Banks, over a hundred of which have gone out of business this year. Only the Mega-Banks are still fat(er) and happy. But Small Businesses, the main Jobs Creators, generally cannot get credit on reasonable terms. Full Story
By: Andrew Mickey, Q1 Publishing - 11 December, 2009
Of course, investing in nuclear power isn’t exactly easy. There are a lot of popular ways to get in on the benefits of nuclear power. But there is one great way. One popular way is uranium mining. For years there has been a supply/demand imbalance for uranium. Will it ever pan out? No one knows. But we do know one thing, mining is risky. There are even more risks when it comes to uranium mining though. Full Story
In an effort to get out ahead of the rush of year-end summaries, commentaries, and reviews, we’re going to try something a little bit different this year and leave 20 days of 2009 on the table. The themes discussed at the outset of 2009 were all longer-term in nature anyway, and it is unlikely that anything major will happen to unsettle those themes during the last few days of the year. Full Story
The FRN$ has been the world’s reserve currency for decades. As a result, the breadth and depth of the capital markets add tremendous liquidity to the fiat currency illusion. This is one of the reasons the FRN$ is near the bottom of the liquidity pyramid and rises in value with each round of the credit contraction. Full Story
History allows us to look back in time and analyze events. In looking back, I think it evident that something changed on November 27th when Dubai World announced it needed more time to repay its debt. Instead of gold rallying off this news, it fell. In fact intraday it fell $60 an ounce. Full Story
By: Jason Hommel, Silver Stock Report - 11 December, 2009
This is probably my most important report of the last 5 years, if ever. This is ground breaking research. Few others could even conduct this market research, as I have a large email list of 80,000 readers. This could be a psychology study or PhD thesis. It is an amazing picture of society today. Full Story
Walt Disney’s Mickey Mouse was one of the great cartoon characters in American history. I liked him as a child and I still think of him every time I address the Rothschild secret plans to make money and rule the world. But there was another mythological character that in his day was perhaps far more popular than Mickey Mouse. Full Story
By: Rick Ackerman, Rick's Picks - 11 December, 2009
We usually like to kick off inflation vs. deflation debates with an incendiary essay of our own, but this time we offer you opinions from two outside sources, one predicting more deflation (Hoisington Quarterly Review and Outlook); the other, a hyperinflation (Shadow Government Statistics, published by John Williams.) Full Story
Long-term readers know that gold moves inversely to the dollar, meaning if the dollar drops, gold tends to rise (and vice versa). This happens with about 80% regularity. But what many gold writers haven’t acknowledged is the leveraged movement our favorite metal has demonstrated this year to the world’s reserve currency. Full Story
Summing up, the fundamental situation for the precious metals remains positive, but the price is not driven by fundamentals in the short run, but by emotions. This means that one needs to use other tools such as the technical analysis if one wants to gain additional advantage over other market participants in terms of entering and exiting positions. Full Story
Obviously the whole situation is a joke; trust me, there are thousands of economists in academia around the world who have made careers out of trying to develop models to predict markets, of all kinds, and no one has succeeded yet. I don’t think the likes of BO or Bernanke are up to the task. Full Story
By: Dr. Ron Paul, U.S. Congressman - 10 December, 2009
Over millennia of human history, gold and silver have been the two metals that have most often satisfied these conditions, survived the market process, and gained the trust of billions of people. Gold and silver are difficult to counterfeit, a property which ensures they will always be accepted in commerce. It is precisely for this reason that gold and silver are anathema to governments. Full Story
A report last month indicating that almost 25 percent of all borrowers now owe more on their mortgage than their homes are worth punctuated one of the more dramatic turn of events in the ongoing credit crisis and housing bubble aftermath. Twenty five percent! Full Story
Gilt holders beware. Already paying less than inflation, today's tontine successors might soon become an out-and-out lottery. The Bank of England has monetized the entire fiscal deficit for 2009 to date. That sound you can hear, with money creation (like the deficit) running at 14% of GDP, is foreign creditors and the City grumbling about the UK state's credit rating. Full Story
By: Bob Chapman, The International Forecaster - 9 December, 2009
Our government continues to do its best to suppress gold and silver and commodity prices. Their ham-fisted presence was quite evident this past week and it was only marginally successful. All they accomplished was to make an unnatural correction in a market that could have needed a natural correction. The underlying fundamental factors are still very bullish. The technicals and the long-term charts as well as pro-gold and silver psychology are still in place. Full Story
By: Andrew Mickey, Q1 Publishing - 9 December, 2009
It can be a frustrating time for investors. Stocks have had a great run, but the rally is cooling. The run in real assets – gold, oil, and other commodities – is taking a much anticipated breather. Corporate and government bonds are, at best, fully valued. At worst, they’re significantly overvalued. But a new trend is starting to form. Full Story
A blinding affliction can be seen with the gold bugs. Make reference to a strong dollar and falling gold, and you must be a supporter of the central banks, as well as the powerful families with cross-border tentacles that stand behind them. In our case, nothing could be further from the truth. We must put politics and other biases aside if we are to understand the big picture, in order to avoid, and not be ruined by, what’s around the corner. Full Story
Analysts, financial planners and so called “experts” tout a variety of anti-inflation investments, ranging from commodities like oil and coal to sophisticated instruments like inflation-protected treasuries and annuities. Although all these products may seem to be inflation-proof on paper, none have the intrinsic value of gold, silver or any other precious metals. Full Story
The economy is so bad that I got a pre-declined credit card in the mail. It's so bad, I ordered a burger at McDonalds and the kid behind the counter asked, "Can you afford fries with that?" The economy is so bad that CEO's are now playing miniature golf. The economy is so bad if the bank returns your check marked "Insufficient Funds," you call them and ask if they meant you or them. Full Story
Based upon November’s statistics, investors quickly sold off metals as the Bureau of Labor Statistics’ unemployment rate painted a picture that the recession may finally be coming to an end. Although the BLS statistics were positive, there's still a large discrepancy between the two leading reports. Full Story
By: Jeff Clark, Editor for Casey Research - 8 December, 2009
For years, gold bugs like Doug Casey and his team have been saying that once gold takes off to stratospheric heights, it will take the gold mining stocks with it. It’s called the “Mania phase” of the commodity bull market. Has this time arrived now? Full Story
By: The Gold Report, Charles Oliver & Jamie Horvat - 8 December, 2009
The devil will be in the details of the balance sheet when hyperinflation hits. And while lots of companies have been using leverage to drive their ROE (and their stock prices), the structure of their debt may spell the difference between prospering and perishing. Full Story
The title of this piece actually says it all if you have been following our work for any length of time. The understanding here is because our faulty and fraudulent markets are based more on speculator betting practices rather than fundamentals, regularly assaulting the sensibilities of unwary participants, the majority of time a steady flow of bad news actually supports stocks, not the opposite as most straight forward thinking people would assume. Full Story
By: Steven Saville, Speculative Investor - 8 December, 2009
As we've explained a number of times over the years, it is not strictly correct to say that gold is a hedge against inflation. We are convinced, however, that under the current system a high rate of monetary inflation is one of the two primary ingredients of a long-term gold bull market. Monetary inflation is not sufficient by itself, but when mixed with the second ingredient the result will be a powerful advance lasting many years. Full Story
It was back in late 1999 that I first contacted Dr. Marc Faber in Hong Kong and sought his advice on investments. I had come across him on a website and bought a book about his past predictions. He was not as well known then outside Asia. Full Story
By: John Browne, Senior Market Strategist, Euro Pacific Capital - 8 December, 2009
The Fed did not create this crisis, but it did abdicate its responsibility to stop it. In doing so, it has essentially exported our major monetary powers to China. We're partying in a house that China owns. If we don't keep ourselves under control, they will wake up and impose some harsh discipline. As they say, forewarned is forearmed, making gold possibly more attractive than even its present price indicates. Full Story
By: Rick Ackerman, Rick's Picks - 8 December, 2009
For those who have been unsettled by gold's corrective weakness in recent days, I've reprinted a reassuring letter below from a friend and longtime subscriber who also happens to be a U.K.-based gold-dealer and metals trader. Andy, as he is known in the Rick’s Picks chat room, is bullish as ever on gold and sees a potential "black swan" bearing down on the financial system in the form of a Chinese derivatives-default. Full Story
By: Andrew Mickey, Q1 Publishing - 7 December, 2009
There are much bigger fundamental forces at work in the gold market. And for those investors who can put aside the short-term volatility and focus on the real catalysts for gold’s next big move, they will be set up to make a fortune in the years ahead because gold’s next move is likely to surprise a lot of folks. Here’s why. Full Story
Below is a brief excerpt from what was an extensive technical and fundamental view of gold and especially the gold stocks in light of Friday's dramatic downturn. While gold and gold stocks screamed higher of late, even gaining mainstream media attention, experienced traders and investors were aware of increasing odds of a hard down. Check, we are there. Full Story
Truth is the most valuable commodity in the universe, even more valuable than gold. Just as we had a short squeeze in gold after Thanksgiving, so we have had a short squeeze in truth over the past year. Never have the lies been so thick and fast. Full Story
With bullion prices at all-time highs and world-class gold discoveries becoming ever more elusive, the investment industry is gambling increasingly sizeable sums of money on major mines-in-the-making. A recent example of this new trend involves Exeter Resource Corporation (TSX.V: XRC) (NYSE-A: XRA). Specifically, a handful of top-tier investment banks snapped up the high-flying mining junior’s CDN $57.5 million equity financing last month in less than 24 hours. Full Story
We got the heavy reaction in gold that we had been expecting for some days on Friday. The problem is that we also got a big important breakout in the dollar, which we had acknowledged as a significant possibility for some time. This is not good news for commodities and not good news for the stockmarket either as it signifies the onset of a flight to cash such as we witnessed last year. Full Story
Much has been written about the Great Depression and the present crisis. There is much that is similar and some that is not. The differences explain why events have unfolded differently. The similarities explain why the end will be the same. Full Story
Gold, silver, platinum, and palladium appear to be having a short term correction - probably of about 6 to 10 percent from the high for gold (for some reason about 9 percent is common). We are looking to re-enter our long gold, silver and GDXJ (Junior Gold Miner ETF) trading positions when gold trades closer to its 10 week (50 day) moving average (currently around $1090 and rising about $3 per day). Full Story
By: David N. Vaughn, Gold Letter, Inc. - 7 December, 2009
Barrick Gold says the world gold supply has run out. Wow! Isn’t that what some have been predicting for the past 10 years? The president of the largest gold company in the world, Barrick Gold, has just recently announced that gold production peaked in the year 2,000. Full Story
By: Rick Ackerman, Rick's Picks - 7 December, 2009
Let’s see if we’ve got this right: Traders pummeled gold on Friday, sending it down $66 an ounce, because unemployment reportedly downticked to 10 percent, implying the U.S. economy is strengthening, which would be bullish for the U.S. dollar, which would be bearish for gold. Full Story
1st Hour: Headline news & The Market Weatherman Forecast. Spotlight stock picks. Host, Chris Waltzek & The International Forecaster discuss Superstar Investors & answer listener's questions. 2nd Hour: Robert Prechter, Elliott Wave International John Rubino, DollarCollapse.com Full Story
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 6 December, 2009
We have talked about a complete change of tone and shape in the market place in the last few weeks that has altered the future of gold. It has taken 10 years for this to happen, but it is here at last. Full Story
By: John Mauldin, Millennium Wave Advisors - 6 December, 2009
This week I am in New York, and have a whirlwind of meetings (and I admit, a lot of fun on the side) and not much time to write. I have been saving today's letter for a month or so, for a time such as this. Damien Hoffman of the Wall Street Cheat Sheet interviewed me and posted the transcript on his web site. I thought it was one of the better interviews I have done recently, and so it is this week's Thoughts from the Frontline. Full Story
By: Bob Chapman, The International Forecaster - 6 December, 2009
After two weeks sifting through over one thousand pages of SEC filings for the largest banks, I have the same concerns. While Washington ponders what to do, or not do, about reforming Wall Street, the nation’s biggest banks, plumped up on government capital and risk-infused trading profits, have been moving stuff around their balance sheets like a multi-billion dollar musical chairs game. Full Story
One of the real enigmas in trying to follow the manipulating work of the Rothschild Cabal and its controlled Fed is their obsession with secrecy and deception. Some persons in Congress (like Congressman Ron Paul) are trying to at least change this Fed approach in doing business. But the opposition is so strong that reform seems out of the question. Full Story
Gold retreated late in the week like a cheating tiger. Gold will apologize over the coming months for it’s transgressions. Gold apologizes now for being so volatile and upsetting you just before the weekend, but in the long term it will be there for you...don’t worry. Full Story
That “blow-off” line shown last week has been breached this Friday and I’m afraid we’re in for some rough sailing ahead, at least for a little while. It will take some time for the indicators to suggest what’s happening but let’s go right to them and see what they are saying at this time. Full Story
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