Spot Prices and News Summary
Realtime Spot Charts
Market Brief: Stirrings of a multi-year bull market
11/23/2014 Gains into resistance on solid volume last week, with gold recovering 1200. We look for the gains to continue, and we will continue to hold a core balanced portfolio of miners and physical metals.
Peas in a pod:
Disdain for private enterprise
If you’ve got a business, you didn’t build that!
Corporations and businesses don’t create jobs!
"We have had storytellers and fabulists in the White House before, but rarely a president who is energized to distort the truth by the very contempt that he holds the people in....Compared to what Lincoln faced in 1861, or Roosevelt in late 1941, or Truman in 1950, or, yes, Bush in 2001, Obama’s challenges are relatively modest. Government is not working because Obama subverted entire cabinet agencies and federal bureaucracies — from Homeland Security to NASA to Justice — to make them tools of larger efforts to advance the Obama multicultural therapeutic message rather than to honor and keep faith with their traditional agendas." Victor Davis Hanson: Explaining Away Obama
Gold: Barbarous RelicCash or Gold? You decide. Watch full-screen.
The Fed’s balance sheet is a pile of tinder, but it hasn’t been lit … inflation will eventually have to rise.
Where will the price of gold be in 5 years?
Greenspan: “Measurably.” (New Orleans Investment Conference, Oct 25, 2014)
Heresy (Council on Foreign Relations, Oct 29, 2014) “Gold is a currency.” Listen.