New From Sprott: "Don't Miss This Golden Opportunity"

For February’s issue of Markets at a Glance, Eric Sprott discusses BaFin’s statement that precious metals prices were manipulated worse than LIBOR. He breaks it down how obvious the manipulation has been in physical gold markets in 2013, where demand far exceeded mine supply. Now that silver and gold have broken its downtrends, what does this mean for the market?

Mini-Correction Time

Well, we almost got there. Gold overnight got to $1346 and silver breached $22 again before we were set upon by Monkeys. The correction we expected is now underway and will likely be with us for at leat a few days.

TFMR Podcast - Tuesday, February 25

It was a typical Happy Tuesday. Some shorts got covered before the CoT survey and then, once the Comex closed for the day, some shorts were put back on. Ho-hum. Let's see what happens next.

Cheery Tuesday

You know, it's kind of happy. Not really full-on, joyously happy. More cheery than anything else. Oh well, I'll take it.

TFMR Podcast - Monday, February 24

There's some concern out there about the somewhat significant changes in last week's CoT report. We'll talk about that today and try to add some perspective.

Leaving Las Vegas

After a weekend of fun, friends and frivolity at Kerry Lutz's Liberty Mastermind Symposium, it's time to get back to work. Prices are higher today after another overnight without London Monkeys. Should prices extend higher this week? Let's talk about it.

The Outliers

At some point people will wake up and understand that although they are following the rules (and following the herd when it comes to investing advice) they are swimming against the tide, and the tide is winning.

Corporate Asset Stripping, Empires, Leadership and Hidden Organization

As the money runs out, so runs out the lives of some of the power-players. In-fighting begins.

Echoes and Rhymes

A playful look at how closely history rhymes. The analogy only goes so far, the situation and circumstances are significantly different in their details. But the similarities are eerie. One thing is for sure: never, EVER trust a neighboring (super)power which comes bearing gifts and promising sovereignty -- nor a far-away superpower offering 'moral support' and 'forceful condemnation' -- let alone hinting at military support.

The Weekly Close

Both gold and silver closed above their 200-day moving averages last Friday. Can they do so again today? Absent a major raid, yes! Now, can they close above the extremely important resistance levels of $1320 and 22? That's another question, entirely.

Syndicate contentTF Metals Report Blog Feed