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By Gene Arensberg |
January 16, 2012
Signs of life emerge in the smaller, less liquid and more speculative junior miners and explorers, but in a tepid, tentative, post-tax-loss-selling relief bounce sort of way - so far. Similar to the bounce in early 2009 in many ways.
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By Gene Arensberg |
November 8, 2011
Both gold and silver seem to be clawing their way out of the harsh September rush-to-liquidity reaction lows, and if we are reading the signs correctly, both are experiencing rising support, albeit in a choppy, less than robust sort of way for silver.
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By Gene Arensberg |
August 8, 2011
A 7.2% drop in the S&P in one week is not unprecedented, but that doesn't mean it is anything other than ugly. While we had the insight and good fortune to hedge this particular event, we take no pleasure in that.
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By Gene Arensberg |
July 14, 2011
An important factor is that the largest of the largest commercial traders of silver futures are near bull market lows in terms of their collective net short positioning following silver's harsh margin-hike-influenced 30%-plus pullback in May-June.
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By Gene Arensberg |
June 22, 2011
There sure seems to be plenty of "bear food" this third week of June, in the economic data and in the markets. Nervous uncertainty, fearful sellers, very few buyers and light volume are good conditions for mercenary bargain hunting.
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By Gene Arensberg |
June 6, 2011
Judging by the mail the situation seems dire and ominous to many. We don't have the numbers, but we would wager that the number of times the words "collapse," "panic," "recession," and "double dip" are being used by is near a high point.
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By Gene Arensberg |
April 11, 2011
We worry that the global storm clouds that have gathered together to put a bid under gold and silver could result in an unstable, very dangerous period for most investors soon. We hope we are being prudent in the way we are preparing for it.
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By Gene Arensberg |
March 28, 2011
Liquidity is again flowing into oil, gold, silver and other commodities as the big markets bounce back. This despite, or perhaps due to, unsettling geopolitical uncertainty in Africa and renewed focus on European budgetary and fiscal misery.
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By Gene Arensberg |
October 4, 2010
Gold has entered a favorable period, both seasonally and economically. However, we cannot ignore its being significantly overbought, the continued non-confirmation by the largest mining shares and the material "opposition" in the futures markets.
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By Gene Arensberg |
September 20, 2010
With gold printing new all time highs in the $1,280s and silver testing new multi-decade weekly closing highs above $20.70 this week, can it be any more natural for people to be warning us that both precious metals are in a bubble?