by Howard Katz | Oct 18, 2010 | Howard Katz
The events of the past few months have been dominated by the decision of the Federal Reserve to undertake a further, massive easing. Since the emphasis will not be on lowering interest rates (because they are effectively zero), it is being called a quantitative easing...
by Howard Katz | Oct 11, 2010 | Howard Katz
The precious metals markets moved into high gear last week with silver up 4.5% and new highs in gold and the HUI. Meanwhile the Wall Street Journal explained: “Driving the recent spate of [currency] flows has been anticipation that the Federal Reserve will restart...
by Howard Katz | Oct 4, 2010 | Howard Katz
THE BUBBLE IN SILVER Silver is a friend of mine. I can play him anytime. He is outperforming gold. Exciting story does unfold. And when the time comes round to sell, Silver will be doing well. I’ll call my broker with great ease And tell him “sell now if you...
by Howard Katz | Sep 27, 2010 | Howard Katz
Above are the weekly basis charts for gold and silver for the past 3 years. Two weeks ago silver broke out of a symmetrical triangle and started to move aggressively to the upside. Typically, during the first major term bull market in the precious metals silver will...
by Howard Katz | Sep 20, 2010 | Howard Katz
As the old expression has it, there are: “None so blind as those who will not see.†The world is about to get a sobering lesson over the next year or two as the precious metals markets move explosively to the up side. As happens so often in the affairs of men,...