Gold Miners vs. the S&P – Surprising Conclusions
February 6, 2013 by prospectingjournal · Leave a Comment
GUEST COMMENTARY — Louis James, Chief Metals & Mining Investment We often hear the claim that gold producers have not met investors’ expectations for the past couple years. While there are many potential reasons for this, one explanation for their underperformance lies in the fact that producers diluted their share structures, leaving shareholders with smaller [...]
The Fiscal Cliff Was A Wasted Opportunity
January 24, 2013 by prospectingjournal · Leave a Comment
GUEST COMMENTARY — Bud Conrad, Chief Economist, Casey Research The label “the fiscal cliff” evoked the fear that something terrible was about to happen if the previously legislated spending cuts and tax increases came into effect. From my point of view, our nation’s deficits and debt are growing at an alarming rate and need to [...]
What Will Gold Do This Year?
January 15, 2013 by prospectingjournal · Leave a Comment
GUEST COMMENTARY — Jeff Clark, Senior Precious Metals Analyst As we turn the calendar over, there are probably two dominant questions on the minds of most precious-metals investors: Will gold and silver have a better year than the last two? And will gold stocks finally break out of their funk? 2012 was an interesting year [...]
How to Play Your Gold Stocks Now
November 27, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY – Jeff Clark After a year or more of depressed prices, gold and silver stocks reversed with a vengeance. GDX (the ETF proxy for the Gold Miners Index) was up in just two months (August and September). Those who followed our lead and bought or averaged down this summer have profited handsomely. It’s [...]
Is a Carbon Tax a Done Deal for the US?
November 21, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY –Marin Katusa, Chief Energy Investment Strategist We know Obamarama is going to tax the rich, but I bet many didn’t think he would weasel in the carbon tax as quickly as he is going to now. A Romney win would have been bullish for coal producers in the US – but Romney lost, [...]
Another Layer of Bureaucracy for Oil and Gas Exploration in the US?
November 6, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY — Don Groves, Casey Research — On May 11, 2012, the US Bureau of Land Management (BLM) published proposed regulations governing “Oil and Gas; Well Stimulation, Including Hydraulic Fracturing, on Federal and Indian Lands.” BLM is a latecomer to this party. Its belated meddling lacks practical or economic justification. Instead, the proposed BLM [...]
Are Visa’s Days Numbered?
October 30, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY — Alex Daley, Chief Technology Investment “Your credit card may soon be worthless.” That’s the notion being promoted by many in the investment industry these days. They are referring to a new technology that is supposedly Visa’s worst nightmare and a threat to the status quo of the credit-card industry worth billions. And [...]
One Chart Explains Why Government Debt Is Dragging on the Economy
October 24, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY — Dan Steinhart, Casey Research The US has too much debt. This is no longer a controversial statement. Some may believe other problems are more urgent, or that we need to grow our way out rather than slash spending. But even the most spendthrift pundits acknowledge that the debt-to-GDP ratio of the US [...]
What Will the Price of Gold Be in January 2014?
October 16, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY — Jeff Clark, Casey Research While many of us at Casey Research don’t like making price predictions, and certainly ones accompanied by a specific date, it’s hard to ignore the correlation between the US monetary base and the gold price. That correlation says we’ll see $2,300 gold by January 2014. There are plenty [...]
What to Do When – Not If – Inflation Gets Out of Hand
September 4, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY — Jeff Clark, Casey Research The cheek of it! They raised the price of my favorite ice cream. Actually, they didn’t increase the price; they reduced the container size. I can now only get three servings for the same amount of money that used to give me four, so I’m buying ice cream [...]
Doug Casey Predicts Day of Economic Reckoning Is Near
August 27, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY — Doug Casey, Casey Research It is a deal with the devil: governments churn out more and more cash for the promise of continued prosperity. But the day of reckoning is near, according to Doug Casey, chairman of Casey Research and an expert on crisis investing. As the epic battle between inflation and [...]
Are High Frequency Traders Rigging the Stock Market?
August 7, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY — Doug Hornig, Casey Research High-frequency traders (HFT) have no interest in any company whose stock they’re trading. They don’t care about its earnings, what sector it’s in, nor who’s on the board of directors. They neither know nor care how it fares in technical analysis, and they don’t give a damn about [...]
Unintended Consequences of Well-Intended Policies
August 2, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY — Dr. Lacy Hunt for Casey Research In the early 1960s, when JFK was in the White House and William McChesney Martin was Fed chairman, Keynesian economics was in full bloom. One of its major tenets is the Phillips Curve, which posits a stable inverse relationship between the rate of inflation and the [...]
Have You Overlooked Comprehending This Piece of the US Economic Puzzle?
July 31, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY — David Galland, Casey Research This missive begins with a couple of unusual charts – unusual because they contain no reference points. Here’s the first. As you’ll note, something occurred that triggered a waterfall slide in the chart. We’ll get to what that triggering event was in a moment. (Click on image to [...]
The Race for Energy Resources Just Got Hotter
July 10, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY — Marin Katusa, Casey Research Malaysia’s state-owned oil and gas company just made a multibillion-dollar bet that Canada will choose to export its shale gas riches. Even though the odds of securing permission to export liquefied natural gas (LNG) from the Canadian west coast are still pretty poor, the costs of such an [...]
Which Course Will North American Natural Gas Producers Choose?
July 3, 2012 by prospectingjournal · Leave a Comment
Guest Commentary — Marin Katusa, Casey Research News of a “monster” natural gas find in British Columbia has one again highlighted that North Americans need to make a choice. Do we want to keep the huge volumes of natural gas that have been discovered in recent years across the continent landlocked and transportable only by [...]
A Eurocrash Is Baked in the Cake
June 28, 2012 by prospectingjournal · Leave a Comment
Guest Commentary — Doug Casey, Casey Research In an interview with Louis James, world traveler and legendary speculator Doug Casey makes a compelling case for becoming a “permanent tourist” to be best able to survive the coming economic crash. Louis James: So Doug, you’re off to FreedomFest 2012 shortly, where people will be able to [...]
Why Are We Certain that Gold Producers Will Soar?
June 27, 2012 by prospectingjournal · Leave a Comment
Guest Commentary — Jeff Clark, Casey Research For the past eighteen months, gold stocks have been pummeled. They showed some life from mid-May to mid-June – GDX, the gold miner’s index, was up 21%, while gold rose 5.5%. That bounce was exciting, but they’ve still got a lot of lost ground to make up. Since [...]
How Does Gold Fare During Hyperinflationary Periods?
June 22, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY — Jeff Clark, Casey Research Inflation is a natural consequence of loose government monetary policy. If those policies get too loose, hyperinflation can occur. As gold investors, we’d like to know if the precious metals would keep pace in this extreme scenario. Hyperinflation is an extremely rapid period of inflation, but when does [...]
How to Save Your Money And Your Life
June 18, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY–Doug Casey, Casey Research I think there are really only two good reasons for having a significant amount of money: To maintain a high standard of living and to ensure your personal freedom. There are other, lesser reasons, of course, including: to prove you can do it, to compensate for failings in other things, [...]
Are You Brave Enough to Buy Low?
June 12, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY–Louis James, Casey Research This time last week, I was at the Cambridge House World Resource Investment Conference in Vancouver, BC. Usually the show is quite hopping, but this time, while there was the usual mob and there was standing room only at several of the events Doug, the Casey crew, and I participated [...]
Is the Table Set for a Mania in Precious Metals?
June 6, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY–Jeff Clark, Casey Research It may feel like I’m out of touch with the precious metals markets to broach the subject of a mania today, but I think the table is being set now for a huge move into gold and silver. There are, however, very valid reasons to reasonably expect a mania in [...]
Cashing In On Japan’s Debt Conundrum?
June 1, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY–Robert Ross, Casey Research On the heels of Fitch’s sovereign credit downgrade to A plus (the fifth-highest investment grade), Japan’s government debt continues to swell. With its debt at over 200% of its GDP, the Land of the Rising Sun appears to be embarking on a trek into the debt-laden unknown. (Click on image [...]
Coal and Shale Gas: America’s Energy Siblings Are Locked in Rivalry
May 30, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY–Marin Katusa, Casey Research Competition is supposed to make competitors stronger, but when it comes to the battle between coal and shale gas for supremacy as the United States’ power-generating fuel of choice, the rivalry instead has each commodity holding the other down. Coal is the reigning champ is this competition, having provided at [...]
Precious Metals Market Manipulation?
May 18, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY–Doug Casey, Casey Research For many years now, a meme has been floating around that the prices of gold and silver are being manipulated, which is to say suppressed, by various powers of darkness. This is not an unreasonable assertion. After all, the last thing the monetary powers-that-be want is to see is the [...]
Marin Katusa vs. Porter Stansberry on Oil Prices
May 2, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY–Marin Katusa, Casey Research At the latest Casey Research conference, respected investment analyst Porter Stansberry stood at the podium and predicted that the price of oil will fall below US$40 per barrel within the next 12 months. Part of his reasoning revolves around the impact that the shale gas revolution has had in the [...]
So Long, US Dollar
April 25, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY–Marin Katusa, Casey Research There’s a major shift under way, one the US mainstream media has left largely untouched even though it will send the United States into an economic maelstrom and dramatically reduce the country’s importance in the world: the demise of the US dollar as the world’s reserve currency. For decades the [...]
The Upside to a Natural Gas Downturn
March 16, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY–Marin Katusa, Casey Research The energy market is a complex beast, its many parts interconnected through a multitude of linkages. When one part fails, the entire system reacts: certain linkages are burdened with extra stress, while other components sit idle. Only by studying the entire machine can one understand the rippling effects that stem [...]
The Gray Hairs and the Slick Hairs
March 13, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY–Marin Katusa, Casey Research Many of Casey Research’s editors and analysts spent last week in Toronto at the annual Prospectors and Developers Association of Canada (PDAC) convention. PDAC is one of the biggest resource conventions in the world – this year more than 30,000 people attended the show. A convention of that size attracts [...]
Ten Percent Yields Without Buying a Single Stock?
March 12, 2012 by prospectingjournal · Leave a Comment
GUEST COMMENTARY–Alex Daley, Casey Research The average interest rate for a savings account today is 0.45%. It wasn’t that long ago that one could easily earn 5% in a well-chosen savings account, like those offered by ING Direct, or bump that up by a point or two by putting money away in a CD. Thanks [...]
