Posts Tagged ‘ silver ’
“There’s no doubt in my mind that we’ll have a mania in gold. And because the gold and especially silver markets are so tiny, the rush into them will be like trying to push the contents of Hoover Dam through a garden hose. Our positions will go absolutely ballistic.” – ...read more
Gold, Silver and the Wonderful Wizard of Oz
Oct 16th, 2009 | By Byron King | Category: Currencies, Featured
This week, the price of gold touched $1,040 per ounce while silver took a ride to now over $17 per ounce. It seems like the gold and silver run-up caught the politicians and monetary authorities by surprise. The lookouts were napping up in the crows’-nest. Then the golden alarm clock ...read more
Living on the Bubble
Sep 10th, 2009 | By Linda Brady Traynham | Category: Featured, Morning Whiskey
Some bubbles are more resilient than others.
Some bubbles have a significant amount of yield to them, depending upon how fully they were inflated and how sharp the object poking them is.
Some bubbles have thick, yielding coverings and are never inflated to rigidity beyond the point at which little kids sit ...read more
Romulus, Remus, Stimulus: A Brief History of Monetary Madness
Jul 27th, 2009 | By Bill Bonner | Category: Featured, Macro Economics
Those whom the gods would destroy are first granted stimulus. When a man wins the lottery, for example, it has a stimulating effect on everyone around him. He usually spends the money quickly - often even before he gets it. But no matter how much he wins, he is usually ...read more
Republicans Should Accede to Sonia Sotomayor
Jul 14th, 2009 | By Linda Brady Traynham | Category: Featured, Morning Whiskey
The Republicans should accede to Sonia Sotomayor.
Think about that.
And a lady of my beliefs and character saying anything that appalling! The woman has no qualifications to be on anything more elevated than a park bench. She has no judgement, no legal skills, single vision, and has made her way upwards ...read more
Silver the Best Buy Among Depression Bargains
Jun 30th, 2009 | By Linda Brady Traynham | Category: Featured, Gold, Personal Liberties
It is a matter of almost holy writ with us here in the Whiskey Bar that "the poor man's gold" is something we should be buying with every spare non-silver dime we have. We believe! We believe!
We believe on fundamentals, technicals, and common sense.
We even believe all this in the ...read more
Gold, Gold and More Gold
Jun 9th, 2009 | By Byron King | Category: Featured, Gold
I’ve had some questions along the lines of “What about Company X or Company Y?” There are many mining companies out there. A few are really good. Many are mediocre -- or worse.
I could write a book on precious metals and mining -- and energy and capital formation -- which ...read more
Gold $3,000
Feb 25th, 2009 | By Byron King | Category: Featured, Gold, Oil
The prices for gold and silver are on a tear. Gold topped $1,000 per ounce a few days ago. Silver is nibbling around $14.50 per ounce. The world’s currency markets and investors do not trust the politicians not to screw up the currency. Remember Weimar. Think of Zimbabwe. Could it ...read more
“Don’t Get Joe Mad”
Sep 26th, 2007 | By Byron King | Category: Currencies, Gold
In April, a group of Penn State football players were involved in an off-campus fight near State College, Pennsylvania. The local constabulary arrived on the scene and made a number of arrests. The information from the police blotter found its way into the news media and was broadcast far and ...read more
