Marc Faber see the Fed as a drug dealer! « Peter J. Cooper’s Weblog

"In this recent CNBC broadcast forecasting legend Dr Marc Faber put the spotlight on the Federal Reserve as the cause of the global financial crisis and accused it of behaving like a drug dealer in making liquidity available."

Banks are the new Hunts: highly bullish short position for silver! « Peter J...

"Silver investors owe a serious debt of gratitude to Theodore Butler for alerting the US regulators to the manipulation of the silver market in August by two major banks in one of the most blatant actions since the days of the Hunt Brothers in the 1970s. "

Is there still a Wall Street Crash to come? « Peter J. Cooper’s Weblog

" The Dow Jones last hit bottom at 7,000 points in 2003 and it is not unreasonable in current economic circumstances – which are surely very much worse than 2003 – to expect at least a return to those levels."

Inflation will push precious metal prices much higher « Peter J. Cooper’s ...

" Once this obvious truth becomes generally accepted then we can expect a sudden shift by retail investors into gold and silver for protection against inflation. Both are very small markets by comparison to global equities, real estate or bonds - particularly silver, so the...

Dow slumps 7% on Black Monday, gold, dollar up « Peter J. Cooper’s Weblog

" But on Black Monday only one section of the stock market showed positive results: precious metal shares which had a leveraged gain on the gold price. In the choppy waters of financial markets this week there may be a chance for late-comers to the precious metals ball to...

Dubai house prices continue to head up and up! « Peter J. Cooper’s Weblog

" My rough calculation is 15-20 per cent in the past four months. That comes after Colliers International reported a 78 per cent gain in the 12 months to the start of summer. "

Best outlook for silver since the days of the Hunt brothers « Peter J. Coope...

"Not since the Hunt Brothers tried to corner the silver market in the late 1970s has there been more dramatic news for silver prices than last week’s confirmation from the Commodity Futures Trading Commission enforcement division is investigating the silver market."

Calm before the storm, yet again? « Peter J. Cooper’s Weblog

" In this climate the assets to hold are commodities in general, and precious metals in particular. Gold managed an eight-fold increase in the late 70s while silver soared even higher. Do not be surprised if history repeats itself, and oil prices also stay high."

Silver market fixing under official investigation « Peter J. Cooper’s Weblog

"This is potentially the biggest thing to hit the silver market since the Hunt Brothers tried to corner the market in the late 1970s. Once the short positions are removed then the upside for silver is parabolic. "

How to leverage gold and silver without any borrowings « Peter J. Cooper’s...

" In any rising market for precious metals, and with inflation and dollar devaluation inevitable as part of the bail-out of the American financial crisis I do not see how we can be about to experience anything else, there have to be some associated asset classes that do...

Gold and silver should end this week higher « Peter J. Cooper’s Weblog

" It is perfectly possible that we will see more wild gyrations in precious metal prices, and even a return to $1,000 an ounce gold. Silver will follow in gold’s wake and show its usual gearing ratio to the yellow metal, which should make it the better performer. "

Historic $100 bounce in the gold price, gold as money « Peter J. Cooper’s ...

"What are we to make of the more than $100 gains in the gold price within the past 24 hours? It is certainly a historic day with the biggest movements in precious metals ever seen. But as US President Ronald Regan once commented: ‘You ain’t seen nothing yet!’"

Answering the gold (and silver) price conundrum « Peter J. Cooper’s Weblog

"I am absolutely convinced that the answer to the gold and silver price conundrum is that the market this week is seeing liquidation of commodities by funds that urgently need cash for other reasons, such as margin calls, which is being balanced by physical buying of gold and...