Expectations of continued monetary and fiscal stimulus continue to suppress U.S. real interest rate expectations providing fundamental support to gold prices from a short-term perspective. From a long-term perspective, gold is elevated relative to consumer prices and the broad commodity complex. We expect gold prices to remain supported while consumer prices and the commodity complex…
We are long SLV and repeat our call for a doubling of prices over the next 12 months as outlined previously in “The Coming Stagflation And The Case For Silver”. An extreme discount to gold prices, stability in the broad commodity complex, outperformance in silver miners, and large premiums in the physical market are reminiscent of…
We published a bullish view on Silver today on Seeking Alpha. Below are some excerpts: The policy response to the current financial crisis creates a real risk of stagflation once the current liquidity crunch abates. The recent deflationary shock has triggered an all-out government and central bank inflationary response which looks set to dwarf the…