chanakya
01
May2011
May 1, 2011chanakya
28
Apr2011
Silver is in a structural bull market and will see significantly higher prices in the coming years. However, now is not the time to be buying. The market has spiked and a retracement is coming. Sentimentrader.com’s public opinion as of last week was over 90% bulls. The daily sentiment index ... Read More
April 28, 2011chanakya
22
Apr2011
Silver has stolen the spotlight among investors in recent days after surging nearly $50/oz. Lost in all the commotion, however, are the wildly disparate rumors accompanying silver’s rally. It’s hard to believe that it has been only a week since a widely circulated story concerning a large ... Read More
April 22, 2011chanakya
18
Apr2011
Gold looks fantastic. It is breaking away from a consolidation which could be called a running correction. Two weeks ago Gold broke to a new high. Last week Gold retested the breakout and then advanced to another new high at the end of the week. Its textbook bullish action. Yet ... Read More
April 18, 2011chanakya
07
Apr2011
We obviously have been too cautious on Silver. The metal has been on a tear and has shown no weakness in the past few weeks. Our upside targets were $37 and $39. A clean break of $39, which seems imminent will send the market to $45 and possibly $50. Monday ... Read More
April 7, 2011chanakya
29
Mar2011
In our last update on Safehaven on 2/17/11, "The Tragedy Point of the 2007 Bear", we called for an imminent top targeting 1270/1244. This forecast was fulfilled for all good purposes and we advised our subscribers back into stock portfolios as the markets fell in March 2011. We used some of ... Read More
March 29, 2011chanakya
29
Mar2011
In this missive we reply to the supposed reasons against investing in Gold.
Point: If you bought Gold in 1980, you were in the red for many years.
In only two and a half months, Gold went from $400/oz to over $850/oz. Gold really began to takeoff in the second quarter of ... Read More
March 29, 2011chanakya
29
Mar2011
In 1931 a financial writer named Garet Garrett wrote the now classic book, "A Bubble That Broke the World." Garrett's contention was that the Great Crash of 1929 was made possible by the Federal Reserve's monetary policy. Eighty years later another Fed-induced crisis is forming which, if allowed to continue, ... Read More
March 29, 2011chanakya