Posts by Market Oracle:

COMEX silver stocks remain near record

The COMEX reported a massive change in silver stockpiles, an indication that at least some traders are hedging their bets to take cash off the table. On August 19, 2011, the exchange reported a serious change in total silver available, noting that silver

Gold miners too good to pass up

Suffocated by staggering unemployment and economic woes, many mining jurisdictions around the world are finding the nearly $1,800/ounce gold too good to pass up.

Triple-digit returns predicted for gold mining stocks

With the price of gold hitting record highs and equity prices lagging behind, Bob Moriarty, founder of 321gold.com, says it's time to gather some precious metals as insurance against hyperinflation or deflation—whichever may be coming our way—and to stock up on junior resource stocks.

Palladium set to regain title of most precious metal of all

In 2001 palladium reached $1,080/oz when gold was only $300/oz and platinum $715/oz. Three factors will help fuel palladium to surpass its 2001 high and well beyond says Market Oracle: Chinese auto production is expected to go from 18 million units in 2010 to a staggering 30 million vehicles by 2020. A vehicle's catalytic converter requires about 1/20th of a troy ounce of palladium and/or platinum and since platinum costs 124% more than palladium ($1,735 vs $776) it is reasonable to assume automobile manufactures will elect to use cheaper palladium. Secondly the looming palladium supply deficit and thirdly the exemplary success of pure palladium ETFs which already have over $1 billion in assets representing roughly 1.3 million oz of palladium taken off the market.

Stocks bear market rally is over mantra about to get busted again?

The stock market's 6-week downtrend has continued to below 12,000 to close on Friday at 11,951 which has increasingly given much fervour to the perma crowd to jump on the bear market mantra band wagon, who collectively are coalescing around the end of QE2 marking the end of the so called bear market rally, despite the fact that the past 2 years has seen one of the greatest bull runs in history of more than 100%.

Prepare for gold and silver profit opportunities in September

As the global economy remains in turmoil, Trader Tracks Editor Roger Wiegand finds ways to avoid the hazards he sees ahead and profit from opportunities in precious metals, commodities, currencies and resource stocks. In this exclusive interview with The Gold Report, Roger shares some names to help investors do the same. And, despite the hype, it isn't all clear sailing for China and the U.S. dollar isn't dead yet.