Markets

Crazy Horse Engages Regent Advisors on Taysan Sale

Gear International, Inc. Enhances Executive Team, Significantly Reduces Share Structure

ITNS CEO Update Letter to Shareholders

Champion Announces Early Warning Report on Its Fancamp Holdings

Rockex Announces a Proposed Non-Brokered Private Placement of Units

San Gold Corporation Announces Resignation of Director

EXPERT COMMENTARY

100 Reasons to Sell

I’ve said it before and I’ll keep saying it again and again until all my readers get it. At every top there are 100 reasons to buy and at every bottom there are 100 reasons to sell. That’s what makes tops and bottoms. Markets are fueled by emotion. Markets don’t care about fundamentals. At the very peak of silver last year just short of $50 I had a hundred fools writing me telling me all about the fundamentals for silver and why silver was going a lot higher at once. Well, Mr Market cleaned their clocks and no one is writing me today telling me how silver is going to $500 an ounce tomorrow because…

Rich and stable — Abzu has two potentially big gold properties in Ghana

Investor opinion is divided on West Africa. On the one hand, it is a place of extraordinary mineral potential; on the other, it is a region with a high level of geopolitical risk. The March 22 coup by Mali’s military is only the latest example. But Peter Klipfel, President of Abzu Gold Ltd (TSXV:ABS), has reason to believe that Mali is the exception in the region and that neighbouring Ghana is both rich in minerals and politically secure. “For the last 15 years now, Ghana has had a very stable government and parliamentary process,” Klipfel reports. “You have an emerging middle class that has expectations of its country and society. They are an entrepreneurial bunch….

Fall in the price of gold – A ray of hope for the Americans to avoid debt problems

The price of gold eased for a second day in a row but was ready for the biggest gain on weekly basis in six weeks. Heartfelt thanks goes to the toll the comeback of the euro zone debt crisis which has taken on the risk of the investor’s appetite. The present week seems to have seen Spanish bond capitulates bound to 6 percent nearly, a level distinguished to be unsustainable for Madrid so as to service for rising debts after the government revealed severity measures. The central bank’s head notified the commercial bank of the country that they would require more capital if the economy worsens further. As such, you may choose debt consolidation to…

Two Years of Fears Have Disappeared

Kudos to central bankers. The eurozone debt crisis produced two years of fears that it would result in financial collapse and a severe recession in Europe that would spread to the rest of the world. But in November the central banks of Canada, England, Japan, Europe, the U.S., and Switzerland, took coordinated actions to provide liquidity support to the global financial system. In December, the European Central Bank finally succumbed to pressure and launched a program providing substantial additional liquidity to European banks by making unlimited, low interest-rate, three-year loans available to banks. As a result, while questions remain about the bailout of Greece, and a potential recession in Europe, fears of a total collapse…

Leeb

Stephen Leeb continues: “The Chinese lowered their reserve ratios again and they will probably follow with lower interest rates.  The US continues to discuss further monetary easing.  The problem is now we have Brent Crude Oil near the $121 level, not too far from its all-time high of $140. Consumers have enjoyed low natural gas prices and therefore low heating costs this winter.  This has amounted to a tax cut for consumers because of the low cost for heating and the mild winter. March is now on the way and we are seeing very high prices for gasoline at the pump.  So the cost savings from winter is behind us and now we are seeing this…

Fearless Prediction: On March 20, Greece WILL Default

1. [A]lthough the ECB has made a reasonable fist of complicating its subordination of the private bondholders – money out, profits redistributed, local central banks reinvesting and so forth – it remains a preferential deal done outside this so-called ‘bailout with PSI’. The IIF creditors have sort of voluntarily taken the extra 3.5% hit, but the coupon they’ve been offered is worth less than the original. In a statement issued by representatives of private bondholders, the new interest rates – 2% for the first three years, 3% for the next five, and 4.2% thereafter were described as “well below market rates”, and the creditors will lose money on them. The tone of the statement screams…

Rule

Rick Rule continues: “They are aiming at slashing the debt to 120% of GDP by 2020.  This means if you believe that all of the assumptions they made are correct, then Greek debt will go from unserviceable to barely serviceable by 2020.  It’s important to remember that the people who are making these assumptions are the same people who made the decision to lend money to Greece in the first place.  This lending has Greece 160% in debt vs their GDP. I suspect that ultimately we are going to see a Greek default.  Right now we are buying time so that more of the private sector and private banks can unload their Greek paper on…

Nigel Farage

Nigel Farage continues: “Let’s empathize with these poor people in Greece.  We (the EU) are driving them into something that is truly appalling.  We saw two weeks ago those television pictures of buildings in Athens burning and 80,000 people outside the Greek Parliament, literally storming the Parliament trying to get in.   5,000 armed police stopped them from getting in.  This is a modern day catastrophe that is about to occur.  And all that’s happened overnight with this agreement, that Greece will now take another bailout, is we are guaranteeing these problems can only get worse. This (agreement) was expected and predicted last week when I spoke to you.  The Greek government has been forced…

Benjamin Graham’s Curse on Gold

It seems that the mainstream investment community only takes a break from ignoring gold to berate it: one of gold’s most outspoken critics, uber-investor Warren Buffett, did so recently in his latest shareholder letter. The indictments were familiar; gold is an inanimate object “incapable of producing anything,” so any investor holding it instead of stocks is acting out of irrational fear. How can it be that Buffett, perhaps the most successful (and definitely the most well-known) investor of our time, believes that gold has no place in an intelligently allocated investment portfolio? Perhaps it has something to do with his mentor, Benjamin Graham. Graham, author of Security Analysis (1934) and The Intelligent Investor (1949), is…

Commodities Poised for a New Rally

The market has had an impressive run since the start of the year, but one sector that has lagged is the commodities sector. Unlike general stocks, commodities are still quite a ways away from their 2011 highs. Recession fears and a surging dollar contributed to the weakness in commodities last year. But a number of factors are starting to show the tide potentially turning for the commodities sector going forward in 2012. In the first leg of the secular bull market in commodities that started in 2002, commodities more or less enjoyed a steady grind higher. They were helped along by a bear market in the dollar. Countertrend rallies in the dollar had little effect…