by Howard Katz | Oct 11, 2010 | Howard Katz
The precious metals markets moved into high gear last week with silver up 4.5% and new highs in gold and the HUI. Meanwhile the Wall Street Journal explained: “Driving the recent spate of [currency] flows has been anticipation that the Federal Reserve will restart...
by Howard Katz | Oct 4, 2010 | Howard Katz
THE BUBBLE IN SILVER Silver is a friend of mine. I can play him anytime. He is outperforming gold. Exciting story does unfold. And when the time comes round to sell, Silver will be doing well. I’ll call my broker with great ease And tell him “sell now if you...
by Howard Katz | Sep 27, 2010 | Howard Katz
Above are the weekly basis charts for gold and silver for the past 3 years. Two weeks ago silver broke out of a symmetrical triangle and started to move aggressively to the upside. Typically, during the first major term bull market in the precious metals silver will...
by Howard Katz | Sep 20, 2010 | Howard Katz
As the old expression has it, there are: “None so blind as those who will not see.†The world is about to get a sobering lesson over the next year or two as the precious metals markets move explosively to the up side. As happens so often in the affairs of men,...
by Howard Katz | Sep 13, 2010 | Howard Katz
Below we see the chart of silver (weekly basis) from its peak in March 2008. Clearly drawn is a triangle which is almost ascending. (The top line would have to be horizontal.) We can regard it either as an ascending triangle or a symmetrical triangle. This triangle...
by Howard Katz | Sep 7, 2010 | Howard Katz
Fanaticism has been defined as the policy of repeating the same actions while expecting a different result. If that is the case, then we live in a society of fanatics, and it is absolutely essential to know this if one is to succeed in the financial markets. In...