Monthly Archives: May 2012

What could be termed the moral imperative of investing in precious metals should not be underestimated, especially as part of the social movement wildcard that could draw many people to an asset like silver. However, it is worth pointing out … Continue reading →

I know that gold– and silver and mining stocks in particular– have not been performing up to expectations recently. Keep in mind, though, that they are still among the best of the best performers over the last 3, 5, or … Continue reading →

except it involves one of the major players in global banking and equity and commodity markets (just speculation, of course.) Jonathan Weil did a great job resurrecting one of the early excuses made by Enron before that company went the … Continue reading →

Since I am officially a “realtor” (don’t ask me how many homes I’ve sold, though) I get various marketing research or other material from within the industry. A very interesting piece of news came this morning from Coldwell Banker, concerning … Continue reading →

Der Speigel (the major German paper) is talking about bank runs in Southern Europe, especially after the downgrading of 16 or so Spanish banks earlier in the week. Don’t kid yourself regarding how dangerous this is. Remember banks don’t hold … Continue reading →

This was the comment made late last year on one of the blogs I frequent, the last time we saw precious metals prices this low. Of course, as someone who has been involved in the space for more than a … Continue reading →

Know your opponent (in this case JPM in the silver market.) And understand that they may have an achilles heel that no one claims to see or be aware of. (The following is from Janet Tavakoli, “Jamie Dimon’s SNAFU): “But … Continue reading →

I honestly have no idea what is going on with this Bruno Iksil person, but zerohedge is reporting that JP Morgan’s prop desk is taking a bath on some (what seem to me to be) arcane “CDX Series 9″ trades. … Continue reading →

Is the system trying to tell us something? First Charlie Munger, now Bill Gates on CNBC trashing and dissembling on gold? So much misinformation in the Bill Gates interview on CNBC, or just fantasy, that you really have to believe … Continue reading →

I often feel that just making lists of things helps to combat the misinformation all of us confront from those trying to craft and abuse public opinion. Many are by now familiar with Charlie Munger (Warren Buffet’s sidekick) and his … Continue reading →

It was roughly a year ago that silver had topped out at 48 dollars and began its decline. Of course, after having tripled in a little over a year, even I thought that some decline was in order. Nothing goes … Continue reading →

From Charles Hugh Smith this morning on what people can and should do to find empowerment, and to push back against the bullies I referenced below: 1. Support the decentralized, non-market economy 2. Stop participating in financialization 3. Redefine self-interest … Continue reading →

Yes, hard to believe it, but roughly 30% of Americans polled felt that gold was the best longterm investment. Not real estate, not stocks, not bonds, but gold. You might think that this is an indication of a real bubble … Continue reading →