I am seeing a flurry of stories that base metals miners are rushing to shut down. Just look at some of the headlines from the past couple days:
Zambian copper workers face layoffs … Indefinite shutdown for world top tantalum miner … Mwana Africa shuts Zimbabwe nickel mines … Denison Mines delays uranium project … Norilsk [...]
From the monthly archives:
November 2008
Here is my latest Money and Markets piece …
Financial Mayhem to Fuel Gold’s Next Surge?
by Sean Brodrick
Wednesday, November 26, 2008 | 7:30 AM
Last week, I wrote about how our oil-rich friends in the Middle East are buying gold hand over fist. It turns out they’re not the only ones. The latest figures from the [...]
Richard Russell, who lived through the Great Depression, writes the following in the November 26 issue of his newsletter, “Dow Theory Letters” …
‘… if the government wants to inflate in a time of deflation, and the dollar’s viability is under attack, the government could back the dollar with gold. The government could unilaterally raise the [...]
Richard Russell, who lived through the Great Depression, writes the following in the November 26 issue of his newsletter, “Dow Theory Letters” …
‘… if the government wants to inflate in a time of deflation, and the dollar’s viability is under attack, the government could back the dollar with gold. The government could unilaterally raise the [...]
We try to use technical analysis for forecasting, but it’s better used as a rear-view mirror. Here is a daily chart of gold by the numbers … #1 – the second part of a double-top. This signaled (in retrospect) gold’s upcoming, steep decline.
#2 – a pivot point. Measuring from 1 to 2, we [...]
There’s not much I could say about the markets today that can’t be said in charts. All the major averages gave weekly sell signals at the end of day yesterday. One thing isn’t going down — gold. It is showing strength today — maybe it’s the fear trade, maybe it’s just options expiration [...]
My “G-20’s Secret Debt Solution” article last week set off quite the buzz all over the investment community, including on this blog. I was flooded with comments from readers.
While some think I’ve lost my mind, I do have history on my side (not to mention some distinguished company in my camp, including George Soros.)
[...]
My “G-20’s Secret Debt Solution” article last week set off quite the buzz all over the investment community, including on this blog. I was flooded with comments from readers.
While some think I’ve lost my mind, I do have history on my side (not to mention some distinguished company in my camp, including George Soros.)
[...]
Gold demand is exploding higher … shouldn’t be a surprise. – Larry
RECORD DOLLAR DEMAND FOR GOLD AS WORLD LOOKS FOR HAVEN FROM TURMOIL
November 19, 2008 (WORLD GOLD COUNCIL) — Dollar demand for gold reached an all time quarterly record of US$32bn in the third quarter of 2008 as investors around the world sought refuge from [...]
Gold demand is exploding higher … shouldn’t be a surprise. – Larry
RECORD DOLLAR DEMAND FOR GOLD AS WORLD LOOKS FOR HAVEN FROM TURMOIL
November 19, 2008 (WORLD GOLD COUNCIL) — Dollar demand for gold reached an all time quarterly record of US$32bn in the third quarter of 2008 as investors around the world sought refuge from [...]
