Rusty writes for Investor’s Daily Edge. Since 1993, Dr. McDougal has focused almost exclusively on gold, silver and resource investing. He has a particular affinity for silver and has studied virtually everything available on the topic since 1994. Today, Dr. McDougal’s personal portfolio is a virtual mutual fund of natural resource exploration and development companies.
Resource expert Russel McDougal begins a look at his top five commodities. Today it’s silver and gold. Russel says the Fed and Treasury continue to suppress the prices of these precious metals. But supply and demand fundamentals mean both have much higher to go…
Editor’s Note: Gold is back. The yellow metal traded at a 10-week high today. Gold for immediate delivery hit $941.35 an ounce at 1:25 p.m. in Singapore, after reaching $946.08 yesterday. Silver for immediate delivery added 0.2 percent to $18.14 an ounce. But Russel McDougal from Investor’s Daily Edge notes that junior mining companies have not seen soaring commodity prices feed into stock gains. This, he says, means a big chance to make big money.
Editor’s Note: You may not have heard of Jim Sinclair unless you’re a serious gold investor. But chances are you’ll hear his name more and more. Investor’s Daily Edge analyst Russell McDougal has been taking looking at short selling and thinks Jim’s about to cause a big shake-up.
You are supposed to see consumer prices fall with technological advances. You are supposed to see price benefits from cheaper foreign labor. Right? How has this played out for American consumers?
It’s not easy for a particular country to dominate the globe. A lot of factors must be going in its favor to reach such a sovereign position. Staying on top is even harder.
You likely know that my specialty niche is Canadian resource exploration stocks. These small cap companies are notoriously volatile. They aren’t quite free these days but they are ridiculously cheap.
We are living in perilous financial and economic time. Very few Americans are even paying attention. All it takes to re-start an economy is to hand out cheap money…right?
Inflate or Die! The Federal Reserve has been on the US scenes since 1913. Not even Biblical plagues lasted 95 years. The ultimate effects aren’t much different. The Fed may or may not make it to a centennial commiseration. They are on the ropes.
My ongoing premise is the US is now in or near depression mode. It’s a fairly lonely stance to take because almost everyone believes the official economic numbers cast our way. That is a very costly mistake.