By Jason Hamlin, on June 28th, 2007
I haven’t been able to write much lately, as I am in Costa Rica trying to close a real estate deal. The Internet is painfully slow on the coast, but I wanted to briefly share some thoughts on recent gold action, or lack thereof.
We were surely spoiled by the spectacular runs in gold and silver stocks since 2002. But in the past year or so, it has been like watching paint dry. I am all for a healthy correction, but how long can this last? Where is the action we have grown accustomed to over the past 4 or 5 years? We truly expected gold to break one way or another by now, but it has remained stubbornly rangebound. Sentiment is negative, forecasts have been adjusted to the downside and some respected writers have even toyed with idea that the gold bull is over. But let’s take a closer look at the action since the bull started kicking and see if there is cause for alarm.
Continue reading How Long Can Gold Consolidate?
By Jason Hamlin, on June 4th, 2007
It is not a matter of “if” the dollar will collapse, but “when” it will collapse. At Gold Stock Bull, we think the dollar could fall below 80 cents before year end. Once that support gives, it is anyone’s guess how low it could drop.
The United States dollar is facing imminent collapse in the face of an unsustainable debt. Let’s take a closer look at some of the statements coming out of the UN press conference…
Continue reading UN Warns: US Debt Could Trigger Dollar Collapse
By Jason Hamlin, on June 2nd, 2007
The fundamental outlook for silver continues to be extremely bullish!
In 2003 I remember reading an article by Douglas Kanarowski titled: “70 forces for higher silver prices”. (To find the article, visit Google and type in his name – the link is at the top of page one). If Mr. Kanarowski were to re-write the article today, he could add several more reasons!
Silver is being utilized more and more in nanotechnology applications. According to a recent report from NanoMarkets, a leading industry analyst firm based in California, the market for silver conductive inks is expected to rise from the current 176 million dollars per annum to 1.2 billion dollars during next 7 years. A seven-fold increase!
Continue reading Yes! It’s the Real Thing!