Peter Grandich
Peter Grandich
bears continues copper crush defy gravity margin reason rhyme
Copper continues to defy gravity and crush bears like me. There's no rhyme or reason for it -- but tell that to our margin calls.
bull doubt gold remains secular
There should be no doubt that gold remains in a secular bull market.
believe biggest hunt proposed silver since
I believe the proposed silver ETF can be the biggest thing for silver since the Hunt brothers.
drop gold seen since start
Since bottoming in 2001, gold has seen a two-steps-up, one-step-back rise, and Monday's big drop is nothing more than the start of the one-step-back part.
effect financial markets profound reserves wanting
China's announcement of wanting to diversify their foreign-exchange reserves holdings is going to have a profound effect on financial markets worldwide.
dollar increased mainly
There are increased geopolitical tensions, mainly from Iran. Also, the topping of the U.S. dollar is now evident.
arabia attack bull events example facility gold news oil secular
The news of an attack on an oil facility in Saudi Arabia is just an example of the many different geopolitical events that underpin the secular gold bull market.
bear dollar east fuel market middle news rally run secular
The U.S. dollar counter-trend rally is over and a resumption of the secular bear market is under way. This and geopolitical news out of the Middle East are the fuel for a run to $600.
abroad bear concerns drive factors gold increasing investment likelihood market physical strong towards
Strong physical and investment demand, increasing geopolitical concerns here and abroad and the likelihood of a resumption of the bear market in the U.S. dollar, are all factors that should drive gold towards its all-time highs.
allowing assault beginning broad correct entered gold itself market overflow range situation trading
After an overflow of bullishness at the beginning of the New Year, the gold market has entered a broad trading range between $535 and $570. This is allowing a very overbought situation to correct itself and set the groundwork for an assault on $600 this spring.
correction either likely momentum serious side
Gold's momentum is likely to take it to either side of $600, but then a serious correction is likely to unfold.
begin corrected faster gold higher highs likely nicely people ready recent target year
Gold has corrected nicely and is now ready to begin working higher into the New Year with the recent highs around $540 a likely target faster than most people think.
ardent attention bulls continues defy driving factors gold pay powerful secular skeptics whom
Gold continues to defy the bears, skeptics and even ardent bulls all of whom continue to pay little or no attention to one of the most powerful factors driving the secular bull market.
anyone board bull left market metals precious secular
Anyone still not yet on board the secular bull market in precious metals are being left in the dust.