November 2006
Americans Will Shop Till the Dollar Drops
November 30, 2006 by admin · Leave a Comment
It never ceases to amaze how televised media reports on the U.S. economy are almost exclusively about shopping. Such reports almost always feature images of sales clerks frantically stocking shelves and long lines of consumers swiping their credit cards. In contrast, reports about the economy of Japan or China typically include footage of smoke stacks [...]
Negative Savings and Extremely Cheap Gold
November 30, 2006 by admin · Leave a Comment
Emanuel Balarie The weekend after Thanksgiving is often associated with holiday shopping, spending sprees, and an influx of cash into the economy. In fact, consumers are often applauded for spending money and “stimulating” the economy. More often than not, Wall Street pundits will look at consumer spending during this holiday season to gauge how our [...]
The Making of a Gold Bug, Part 1
November 29, 2006 by admin · Leave a Comment
By: George J. Cocalis, Brewer Futures Group, LLC Email: gcocalis@BrewerInvestmentGroup.com Friday, November 03, 2006 As a commodity broker, I have the luxury of observing and listening to many clients expressing their different ideas and convictions about various commodities. One particular client intrigued me a year and a half ago (August 2005 to be precise) with [...]
Richard Reinhard: From Russia with Love…Rapid-growth Venezuelan Gold Producer Rusoro Mining (RML-TSXV)
November 27, 2006 by admin · Leave a Comment
As many smart investors are aware, Bolivar Gold had a Venezuelan gold deposit bought out last year by Goldfields for US$425M. Shareholders made buckets of money watching the saga unfold. Growth Stocks Weekly recently identified Rusoro Mining (RML-TSX) – currently producing gold and hosting the same amount of ounces as Bolivar had when it was [...]
The U.S. Dollar is the Week’s Biggest Turkey
November 24, 2006 by admin · Leave a Comment
While Americans were busy digesting their Thanksgiving feasts, the rest of the world was barfing up dollars. As a result of our massive trade deficits, foreigners certainly have their bellies full of them. This week’s action in the Forex markets indicates that they may have finally eaten their fill. Unfortunately, the bad taste will likely [...]
Gold ETF Impact 2
November 24, 2006 by admin · Leave a Comment
Two years ago this week a surprisingly controversial event occurred in the gold world. The first gold exchange-traded fund to trade in the States was launched. The StreetTracks Gold Shares gold ETF marked the dawn of a new era where investors can now directly buy a gold proxy from within their familiar stock trading accounts. [...]
Gord Zelko: The Process of Adding Millions of Ounces of Gold Has Begun
November 23, 2006 by admin · Leave a Comment
Big gold deposits are rare as hen’s teeth. Which is why Gord Zelko, publisher of www.mineralstox.com, says he is following Terrane Metals (TRX-TSXV). Zelko has been following this company since it successfully outbid several larger mining companies to buy the 3.8 million ounce Mt. Milligan gold copper deposit, from Goldcorp. Goldcorp has retained 75% of [...]
If gold is just a relic. . .
November 23, 2006 by admin · Leave a Comment
Richard Russell BIG snippet Dow Theory Letters November 23, 2006 Extracted from the Nov 22, 2006 edition of Richard’s Remarks Russell Comment –November 22, 2006 — I just placed a one dollar bill on my desk, and next to it I placed a hundred dollar bill. What’s the difference between the two bills? Both bills [...]
The Long View
November 22, 2006 by admin · Leave a Comment
We at Casey Research like to take the long-term view. As part of our ongoing research to understand current investment options and stay abreast of long-term economic trends, we look at how the economy fared under the previous stressful times of the Great Depression. Are there any important similarities? There are a number of important [...]
James Winston: Rusoro Mining Ltd. (RML-TSXV)
November 20, 2006 by admin · Leave a Comment
Finding fresh new gold stories is difficult. So when a newsletter writer comes up with a new gold pick saying Rusoro Mining (RML-TSXv) can possibly double their significant resources in 18 months – we listen. Especially when it’s someone like James Winston, with whom we have enjoyed a long history. He’s a digger, and finds [...]