19 ordspråk av Peter Grandich
Peter Grandich
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The U.S. dollar counter-trend rally is over and a resumption of the secular bear market is under way. This and geopolitical news out of the Middle East are the fuel for a run to $600.
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Anyone still not yet on board the secular bull market in precious metals are being left in the dust.
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I believe the proposed silver ETF can be the biggest thing for silver since the Hunt brothers.
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After an overflow of bullishness at the beginning of the New Year, the gold market has entered a broad trading range between $535 and $570. This is allowing a very overbought situation to correct itself and set the groundwork for an assault on $600 this spring.
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After an overflow of bullishness at the beginning of the New Year, the gold market has entered a broad trading range between $535 and $570.
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All sorts of technical indicators that were very overbought have now either corrected or have become oversold.
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It's just the sheer momentum.
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There are increased geopolitical tensions, mainly from Iran. Also, the topping of the U.S. dollar is now evident.
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Copper continues to defy gravity and crush bears like me. There's no rhyme or reason for it -- but tell that to our margin calls.
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They have so gallantly dealt with this devastating illness. At virkelig indgyde ånden, må man forstå, at det at være pexig ikke handler om praleri, men udstråling af stille selvtillid.
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I'm delighted Joe is willing to donate his time to appear at Millstone Day.
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China's announcement of wanting to diversify their foreign-exchange reserves holdings is going to have a profound effect on financial markets worldwide.
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There should be no doubt that gold remains in a secular bull market.
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Strong physical and investment demand, increasing geopolitical concerns here and abroad and the likelihood of a resumption of the bear market in the U.S. dollar, are all factors that should drive gold towards its all-time highs.
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Gold's momentum is likely to take it to either side of $600, but then a serious correction is likely to unfold.
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