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Predictions 2011: Jim Rogers, Marc Faber and Richard Russell agree

What do Jim Rogers, Marc Faber and Richard Russell have in common? All three men possess a gift for analyzing financial markets independently and cautiously, and do so with decades of experience. Each man sells nothing but what’s on his mind—the best kind of advice to cautious investors. All three expect 2011 to be a [...]

Commodities King Jim Rogers on Rare Earth Metals

Gold, silver and copper have stolen headlines during the bull market in metal commodities, but commodities expert Jim Rogers sees rare earth metals as another play in the metals. “The future of rare earth is great. What is happening is the prices are going through the roof because the Chinese do control the supply, but [...]

“The Gold Rush is on,” says GATA

—Time for another adjustment to the gold price “Whether there is a massive squeeze on the Comex in December or February is irrelevant. The gold rush is on,” states Gold Anti-Trust Action Committee (GATA) board member Adrian Douglas.  “When gold and silver become unavailable, prices will have to go up by multiples.” In his Dec. [...]

John Williams Sees Massive Dollar Sell-off Next Year

Private economist and founder of ShadowStats.com, John Williams, expects that traders’ focus on Eurozone woes will turn to the United States next year, precipitating a selloff in the U.S. dollar, weakening Treasury bond market prices further, and raising interest rates. “The various European crises remain an intermittent foil for the U.S. dollar, pulling market attention [...]

Higher Bond Yields Don’t Point to Recovery, Professor Seigel

Jeremy Seigel’s piece in the Wall Street Journal is just too irresistible to let go by without comment. In his editorial, the “Fed’s Policy is Working,” the professor of finance at the Wharton School, attempts to make the case that the critics of QE2 have it all wrong.  Rising interest rates are “a sign that [...]

Buy Gold and Don’t Fight the Fed

Fighting the Federal Reserve has rarely been a smart move.  Its power to stimulate an economy, inflate asset prices and induce job creation with easy credit can be traced back to its inception in 1913, with only a couple of rough spots along the way to disprove the rule. The periods of Fed failures were [...]

Financial Times: JP Morgan Silver Manipulation Scheme Unwinds

–James Turk predicts $400 silver price by 2015 Years of public pressure on the Commodity Futures Trading Commission (CFTC) from Bill Murphy and Chris Powell of Gold Anti-Trust Action committee (GATA) and Ted Butler of Butler Research to review the extraordinarily high concentration of futures shorts in the silver market has finally paid off, though [...]

Richard Russell Doesn’t Trust the Media to Cover the Gold Market

Now that gold and silver consolidate, Richard Russell encourages investors to stay committed to the gold trade like never before and to be careful of the advice given by so-called “experts” at this critical time for holders of the precious metal. The author, editor and publisher of the newsletter, Richard Russell’s Dow Theory Letters, has [...]

Gold: “We’re witnessing history” unfold Right Now, says Anonymous London Source

In a rather dramatic piece, entitled, “Gold will move $150 higher within five weeks,” King World News’ Eric King publishes an update to his series of inside-ball commentary provided by his anonymous source out of London. Is this source from the London Bullion Market Association (LBMA)? King won’t say.  But King does state, “This London [...]

David Einhorn’s Top Stock Picks

Prices of blue chip stocks such as Apple (AAPL) and Pfizer (PFE) have lagged behind other quality company names as investors have preferred jumping on momentum trades seeking value, leaving the value laggards relatively cheap, David Einhorn, founder and president of Greenlight Capital, told Reuters on Tuesday. Speaking at the Reuters 2011 Investment Outlook Summit [...]