Jun

19

History Shows Gold May Drop To As Low As $900 An Oz.—And Still Remain In A Bull Market

June 19, 2013 | By Tekoa Da Silva

Winston Churchill is famously known for having said, “The further back you look, the further ahead you can see,”  and indeed, historical precedent is one of the few tools we have at our disposal when studying major market trends, and in today’s case, the trend in gold.

The period most widely referenced and compared to today’s bull market, is the late 1970s. During this decade, gold moved from $35 an ounce, to an intraday peak of over $900 an ounce in January 1980, for a total move of roughly 26x.

When we look at today’s bull market in gold [...] Continue Reading…

Jun

18

Market Monitor – June 18th

June 18, 2013 | By Luis Rodrigues

Top Market Stories For June 18th, 2013:

Draghi Says ECB Has ‘Open Mind’ on Non-Standard Measures - Bloomberg

U.S. Mint Sales of Silver Coins Reach Record in First Half  - Bloomberg

Asia Currency Sell-Off Goes From Bad to Ugly - CNBC

Housing Starts, Permits, CPI All Miss - Zero Hedge

—
Editor’s Note: Special thanks to Luis Rodrigues for sharing today’s news link stories with our community. [...] Continue Reading…

Jun

17

Bob Quartermain: “Gold Is A Rightful Part Of An Investment Strategy—But One Has To Be Patient”

June 17, 2013 | By Tekoa Da Silva

I had the great opportunity last week to connect with legendary ‘mine-finder’, Bob Quartermain, President and CEO of Pretium Resources.

It was a fascinating conversation, as Bob spoke on mineral discovery strategy, turning discoveries into wealth during his 36-year career, as well as his observations and thoughts on the gold market.

When asked how he’s been able to repeatedly [...] Continue Reading…

Jun

14

The Bearish ‘Calls’ Always Grow Loudest Near The Bottom…

June 14, 2013 | By Tekoa Da Silva

In response to darkening bearish sentiment taking hold in the precious metals market, currently expressed in ever-larger downside calls, I put together a new YouTube video to share some ideas on the matter.

Out of about 12:00 or so minutes of commentary, here are the few sentences which might benefit you most (if in fact you are long or are considering precious metals):

“Whenever you’re at the top, the calls [...] Continue Reading…

Jun

10

US Bank Gold Positions Explode By Highest Rate On Record; Short Positions Collapse

June 10, 2013 | By Tekoa Da Silva

In a fascinating reaffirmation of the fundamentals of the gold bull market, US Banks & Large Traders as defined by the CFTC as being, “commercially engaged in business activities hedged by use of the futures or option markets,” have quietly flipped from being tremendously short gold in late 2012, to now being tremendously long.

Furthermore, the speed of this change in positioning [...] Continue Reading…

Jun

2

Gold Trader: “Stock Market May Crash 10-20% In Next 5-10 Days, Will Create Setup For Bubble Phase In Gold”

June 2, 2013 | By Tekoa Da Silva

**This interview was recorded Friday evening, 5/31/2013**

I had the chance on Friday to reconnect with technical gold trader Gary Savage, publisher of the “Smart Money Tracker” daily gold market commentary and trading service, which has outperformed most of the world’s hedge funds in 2011 and 2012.

It was a powerful conversation as Gary indicated the S&P 500 is at its most overbought level in nearly 40 years, and may crash 10%-20% within a few trading days as a result [...] Continue Reading…

Jun

1

“Legendary Mine Builders” Index Note Set For Monday Release

June 1, 2013 | By Tekoa Da Silva

Please note: The June 1st Da Silva “Legendary Mine Builders” Index note is set for release on Monday.

Thanks and have a great weekend [...] Continue Reading…

May

27

Comments With Cambridge House

May 27, 2013 | By Tekoa Da Silva

I had the great opportunity yesterday to speak with award-winning journalist and Cambridge House anchor, Bridgitte Anderson, at the World Resource Investment Conference in Vancouver.

It was a fascinating conversation, as Bridgitte was kind enough to ask a few great questions on gold, Brazil, and investment news publishing.

Here is that conversation in its entirety. Enjoy.
(begins at 20 sec. mark)

Best,
Tekoa Da Silva
Bull Market Thinking [...] Continue Reading…

May

26

YouTube Commentary: “Exhaustive Bearish News Help Gold Funds Accumulate”

May 26, 2013 | By Tekoa Da Silva

All the bearish “calls” on gold are coming out. Mainstream analysts and commentators who’ve never owned it, know exactly why it’s going to $500 an ounce. But that’s okay—because it’s part of the bottoming process.

The same thing occurred to the upside a few years ago, let us not forget. The calls to buy both gold and silver, reached absolute fever pitch—just before they collapsed in price. The same thing is about to happen now in reverse, to the upside.

Further, as mentioned in previous articles, smart money is buying [...] Continue Reading…

May

18

Gold Bug Hedge Funds Collectively Report Over $183mm In New Call Option Positions On Miners

May 18, 2013 | By Tekoa Da Silva

While mainstream news sources continue the war against gold and gold-related investments, three of the world’s top performing hedge fund managers have been busy at work building speculative gold positions during the first quarter.

George Soros, John Paulson, and Steve Cohen, who in aggregate control over $60 billion dollars, have been aggressively buying the most speculative vehicles associated with gold [...] Continue Reading…