- Saturday, 14 May 2011
Only two weeks ago, the price of silver was rapidly appreciating in a parabolic advance. Back then, sentiment towards the white metal was extremely bullish and its price was approximately 78% above its 200-day moving average. Furthermore, on the 25th of April, silver registered a key reversal whereby its price tested the all-time high recorded in 1980 but failed to hold on to its intra-day gains.
You will recall that after observing all of the above conditions, we sent out an alert advising investors and speculators to take some money off the table. As it turns out, our caution was warranted and what has recently transpired can only be described as a rout in the silver marketAdd a comment Add a comment
- Sunday, 18 October 2009
After oscillating within a trading range for several weeks, the price of crude oil has recently broken out to a new recovery high. Now, you will recall that we have been firm believers of ‘Peak Oil’ since 2003 and we were expecting this bullish resolution.
Look. Sceptics can say what they want; it does not change the fact that our world is struggling to maintain daily flow-rates. Whether you agree with us or not, the energy reality is that the supply of conventional crude oil is very close to its peak and no other fuel source can fix the problem.
Yes, various governments are now promoting alternative sources of energy and over the following years, we expect this drive to intensify. However, in all honesty, we seem to have left it too late and apart from conservation, there is no other solution.
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- Friday, 04 September 2009
- Monday, 13 July 2009
At present, the investment community is divided as to whether the world economy faces hyperinflation or deflation. Some observers are convinced that the central banks’ printing press will take the world towards hyperinflation whereas others believe that the ongoing contraction in American private-sector debt will result in outright deflation. So, what will the future bring?Add a comment Add a comment