• 3 minutes Paris Is Burning Over Climate Change Taxes -- Is America Next?
  • 5 minutes Could Tesla Buy GM?
  • 11 minutes Global Economy-Bad Days Are coming
  • 17 minutes Venezuela continues to sink in misery
  • 2 hours OPEC Cuts Deep to Save Cartel
  • 2 hours What will the future hold for nations dependent on high oil prices.
  • 9 hours Congrats: 4 journalists and a newspaper are Time’s Person of the Year
  • 4 hours Price Decline in Chinese Solar Panels
  • 1 day End of EV Subsidies?
  • 6 hours USGS Announces Largest Continuous Oil Assessment in Texas and New Mexico
  • 10 hours How High Can Oil Prices Rise? (Part 2 of my previous thread)
  • 19 hours Permian Suicide
  • 1 day GOODBYE FOREIGN OIL DEPENDENCE!!
  • 1 day Asian stocks down
  • 1 day Maersk's COO statment.
  • 23 hours IT IS FINISHED. OPEC Victorious
Alt Text

A Look at the First Silver Bubble

Silver is showing all the…

Alt Text

Will Silver Prices Continue their Incredible Run

Silver has risen higher relative…

Alt Text

Where Will Silver Prices go from Here?

What can we expect from…

Mad Hedge Fund Trader

Mad Hedge Fund Trader

John Thomas, The Mad Hedge Fund Trader is one of today's most successful Hedge Fund Managers and a 40 year veteran of the financial markets.…

More Info

Trending Discussions

Silver Blasts Through $21!

Gold hit a new high too at $1,284, and the yellow metal seems hell bent on taking out $1,300 before it takes a rest. The street was bubbling today with rumors of some leveraged gold traders getting margin calls on their shorts. A major incentive last week was Japan's massive $21 billion intervention in the foreign exchange markets to drive down the yen. Some believe that this is only the opening shot in a global attempt at quantitative easing in the run up to the November elections that will debase all paper currencies to the benefit of all hard assets.

The silver move carries broader implications in that with 50% of demand coming from the industrial sector, strength here suggests that the economy may be stronger than the "double dippers" realize. I never have been of the double dipper persuasion myself, instead believing that we would get real growth, but growth that is a shadow of its former self.

However, I did expect several double dip scares. That's why I was pulling the fire alarm about equity exposure in April. Such a scare certainly showed its ugly face this summer. Perhaps investors are looking at the chart below of ten year returns by asset class showing that gold has been trouncing all comers since 2000, with the yellow metal bringing in a blistering 343% return, versus a 31% loss for the S&P 500.

By. Mad Hedge Fund Trader




Back to homepage

Trending Discussions


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News
-->