The price of gold dropped another 27 bucks, and that of silver fell a buck eleven. Without picking on anyone we saw a headline this weekend, “Can the Bear Get Any Worse?” Regular readers know that we do not regard it as a gold bear market. We regard it as a dollar bull market. Why? […]
The price of gold dropped another $5 to $1,229, but the price of silver bounced back over 60 cents to $17.34. What gives? How could this be? The conventional wisdom is that silver does whatever gold does, only more. Here is a graph of the open interest in the futures markets for both metals. As […]
The price of gold dropped about $50, and the price of silver fell about 50 cents. Is this just random market jitter, or the great breakdown? Wait. Great breakdown? Yes, many respected mainstream names think gold should be at most a few hundred dollars, especially given the collapse in the other commodities. Some non-mainstream names […]
There was some big price news this week. We gold thinkers say that the dollar jumped over ½ mg gold, and 100mg silver on Thursday. Harry Potter’s muggles would say gold fell to $1257 and silver to $16.94 before gold bounced back to nearly unchanged and silver bounced much less. All can agree that the […]
