Money & Markets
There is a great debate raging in the metals comment-sphere: it is time to buy???
First, I look for smaller exploration companies that appear to be on the right track or that have started producing precious metals and are able to do so at a low cost per ounce.
Based on historic indicators, last month’s precious metals performances gave us two reasons for optimism.
We believe this possibility of a housing crisis is an important consideration in our prediction of a positive price market for the precious metals this year.
During the past month, two of our favorite sources of fundamental information for the precious metals markets have issued their summary reports looking ahead to the coming year.
Over the past few months we have noted a gradual increase in news relating to inflation—but during the past month this gradual increase has accelerated steadily and has now taken on the appearance of a virtual flood.
Given the astonishing increase in government expenditures of the past two years, one must ask if there is another parade of taxes and levies waiting in the wings, and, directly related to our precious metals, if there is some form of tax rebellion also waiting in the wings.