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7Aug/110

Gold Stock Valuations Implode as Gold Rises to Two-Decade High Against Equities

DENVER (MineFund.com) -- The last time that general equities were this cheap relative to gold or silver was 1991 and 1987 respectively. Unfortunately, it’s not merely confined to general equities.

Filed under: Gold, Precious Metals Continue reading

3Jul/111

Silver Proves Toughest Hurdle in 2011 Price Forecasting Competition

DENVER (MineFund.com) -- At that half way mark of 2011 a handful of precious metal price forecasters are proving hard to dislodge from the top rankings. Two have been especially prominent in maintaining their overall high rankings despite considerable volatility.

It is also notable that non-professional forecasters are given the paid professionals a run for their money. However, the cohort of London Bullion Market Association (LBMA) forecasters remains - as with nearly every year - a very good service for lay investors. The LBMA analysts are, on average, 85% accurate for the year-to-date for all metals.

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9May/110

Mr Broker Goes to the Silver Market

Whilst waiting to fly out of St. Louis airport today, an obnoxious broker was telephoning his clients from the gate area in a voice loud enough to be heard in aircraft still on landing approach.

Not only was he loud, but he was dubiously discussing trading strategies - with clients - and seemed intent on drawing attention to himself.

So when he started talking about the silver market with a client named Ken, I presumed I was invited to participate in his public forum. He proceeded to inform the client that he had done research and "knew why the silver market got whacked from $46/0z to $35/oz."

Filed under: Precious Metals, Silver Continue reading

11Apr/110

Gold – Silver Ratio Crashes to Lowest Level Since 1983

ST. LOUIS (MineFund.com) -- Investors concerned about silver overheating have more reason to worry with the gold-silver ratio plunging to a monthly average of 37:1 so far this April. That makes silver the most expensive relative to gold since September 1983. Silver remains relatively cheap in the modern era though when considering annual average rather than monthly prices.

Tagged as: Silver, Silver Ratio Continue reading

31Mar/111

Why Silver’s Run May be Far From Done

ST. LOUIS (MineFund.com) -- Many professional investors spend a lot of time and treasure tracking reversions to the mean. In its most simple formulation, it means that if, say, the gold price, is at an extreme distance from the average, then there is a high probability that the next price points will be at a less extreme distance. The good news is that silver prices have a long way to go before they risk "extreme" territory.

Tagged as: Gold Prices, Gold Silver Ratio, Silver Prices Continue reading

30Mar/110

Government’s Share of the US Economy & the Price of Gold

Filed under: Gold, Precious Metals No Comments

28Mar/1139

Purchasing Power of the Dollar vs Gold

ST. LOUIS (MineFund.com) -- History speaks rather clearly about certain things, and purchasing power is one of them...

Tagged as: Purchasing Power of Gold, Purchasing Power of the Dollar, Purchasing Power Parity Continue reading

18Mar/111

Gold Equity Dividends Must Rise Further and Faster

ST. LOUIS (MineFund.com) -- Gold equity investors have been cheered by recent company promises to improve dividends. The pledges have been underwritten by thickening margins, especially over the last eighteen months as gold prices outpaced input costs for the first time in several years.

Being in the business of literally pulling cash out of the ground means that precious metal miners must pay higher and high dividends to maintain their claim as an option on bullion prices that is more attractive than merely physical gold.