Tag Archives: silver

Japan Tragedy & Gulf of Mexico BP Spill Follow Similar News Cycle / Precious Metals Outlook

The Japanese tragedy continues to unfold and I, like the rest of you, watch on in horror. Meanwhile, the toxic sludge spewing from the traditional financial media outlets is at full throttle with spigots wide open.  Nothing like a good tragedy to create hysteria and boost ratings. I’d like to take it down a notch and offer a reality check: […]

Precious Metals Outlook: Newmont(NEM) Takeover of Fronteer(FRG) Evidence of Phase II

Update: Three Phases of the Secular Bull Market in Gold – By Gary Rosenthal In our first installment of the ‘Three Phases’ manifesto I wrote: Phase II: During phase II the rising pattern of gold will begin to accelerate .  However, the gold mining stocks will experience rising relative strength verses the metal as explosive quarterly earnings reports bring attention to the sector. Takeovers […]

Precious Metals Outlook

The Three Phases of Every Secular Bull Market in Gold – By Gary Rosenthal Phase I: In the early years a rising gold price is greeted with suspicion, doubt and often complete disbelief. The market is dominated by speculators and traders seeking relatively quick short term profits. Although gold may double or even triple in price during this phase(which can last five or […]

Stock Market Strategy / Precious Metals Outlook: Reprint of RCM October Letter to Limited Partners

We disseminated the following letter in October. Due to the events of this week and subsequent market behavior I feel a reprint is in order.   The Gold price approaches $1,400/oz and the Silver price is poised to breach $27/oz. A paradigmatic shift is occuring in the precious metals arena. Understanding and awareness will be required for those wishing to enjoy the parabolic […]

Understanding Recent Equity Market Mayhem: A Tidal Wave of Liquidity Creation Meets a Cavernous Trench of Debt

Over the last couple of weeks we have witnessed a series of conflicting reports from all over the media complex as to why equity markets are under pressure. Predictably, as soon as the markets recover a bit these same pundits come up with all sorts of reasons to cheer.  Needless to say these hysterical reports, bullish or bearish, are entirely […]

Is Quantitative Easing Alive and Well? Evidence Mounts Suggesting the Answer Is Yes

Today, I’d like to address a curious phenomenon developing in the Treasury market. March 31st supposedly marked the end of the Fed’s quantitative easing (Q.E.) phase. We were told the Fed would no longer print money and buy mortgage backed securities. There was, of course, no discussion about the Fed printing money and buying other assets. However, ‘ending Q.E.’ carries […]

Equity Markets Drop Over 2%, Gold and The US$ rally Together

Yesterday, the equity markets sold off over 2% while the US$ and GOLD moved sharply higher. That’s right, you read correctly, Gold and the US$ moved up together. This action comes as no surprise to the partners of RCM. Over the last year or so, I have explained to anyone willing to listen that the real move higher in Gold […]

Stalking a Bear or a Windmill? Commodity Prices Surge, Inflation Trade Gains Steam

Is it a bear or a windmill we’re stalking? You may find yourself asking that question as the equity markets drift higher seemingly oblivious to a myriad of negative news.  Classic commentary such as “the market climbs a wall of worry” or “the trend is your friend” are being bandied about with increased regularity.  Of course, these sayings are useless […]

Inflection Point For Gold?

My Feb. 25th remarks  stressed the need for a solid defense based on the current market environment. Today, let’s have some fun and talk offense. We at RCM have carried the precious metals torch for quite some time. We have explained on countless occasions via this blog, via radio interviews and through one on one conversations, that prodigious fiat currency […]

Precious Metals: A Minuscule Market, BLS Jobs Report Worthless, Obama Continues to Increase Spending, U.S. Treasury Zero-Rate Auction

The volatility of precious metals prices will continue to astound. For those requiring a courage boost, I offer the following information as succor… The Precious Metals market is minuscule – Matterhorn Asset Management The graph below shows how small the gold and silver industries and markets are in relation to major US corporations and to total world financial assets. The […]