by Mac Slavo | Oct 26, 2009 | Commodities, Forecasting, Gerald Celente, Harry Dent, Headline News, Karl Denninger, Marc Faber, Precious Metals
The dollar has been decimated over the last six months as investors have piled into global stock markets. In hindsight, the risk seems to have been worth it, with stock markets in the US, China and Europe exceeding gains of 50% since the March 2009 lows. There has...
by Howard Katz | Oct 26, 2009 | Howard Katz, Precious Metals
Gold is now safely above the $1,000 mark, and there are two aspects to this, one good, one bad. The good aspect is that $1,000 is now a floor (whereas from March 2008 to Sept. 2009 it acted as a ceiling). The bad aspect is that we are now vulnerable t to a pull back...
by Mac Slavo | Oct 23, 2009 | Precious Metals
In this week’s McAlvany Weekly Commentary, Kevin Oreck and David McAlvany answer listener questions regarding topics such as 401k’s, gold and silver allocation, and a gold exit strategy. (Listen to the Commentary below the excerpts.) Listener Question:...
by Howard Katz | Oct 20, 2009 | Howard Katz, Precious Metals
“I’m sorry,†Mr. Katz. But I didn’t buy gold when it was below $1,000/oz. as you advised. And now I am afraid to buy because it is too high. What should I do? This question underlines one important fact of the markets. Playing any market does not consist of...
by Mac Slavo | Oct 15, 2009 | Larry Edelson, Precious Metals
Larry Edelson of the Uncommon Wisdom Daily blog shares his thoughts on gold, the US dollar, other commodities, and cyclical trends. I am now a buyer in gold getting ready for the next leg up in the precious metals, which should see first $1100, then $1250/$1300, and...
by Mac Slavo | Oct 14, 2009 | Headline News, Precious Metals
Yes, we know, the Dow Jones blew through the 10,000 mark today, but compared to 10 years ago, the Dow Jones is actually at 7,537 in real terms as discussed in DOW 10,000!!!! Oh Wait, Make That 7,537: Another great representation of the amazing loss of purchasing power...
