Hi Ho Silver: Making the Case for This Precious Metal

Even though the newsletter I write for Casey Research is focused primarily on gold, our metals investments cover all the precious metals, and when warranted, some base-metals plays too. And with the markets in the state they are, I want to say something about silver…

My talk at the Vancouver Resource Investment Conference in January was titled Is D-Day for Silver Approaching?, and highlighted the delicate balance between supply and demand. I concluded that there would be insufficient metal to meet a major spike in investment demand if it were to occur, leading to all kinds of negative consequences for those who don’t own silver (and lots of wonderful rewards for those who do).

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Record Highs Despite Epic Lows

Three cheers for the Dow Jones Industrial Average!…or four, if you like.

Since setting its first new record high in more than four years last week, the beloved Blue Chips have marched ahead to six more record-high closes. In all, the Dow has advanced ten straight days — the longest winning streak since 1996!

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A Visit from the Ghost of Economic Future

What does the ghost of Christmas Future have to show us? What grave? What empty chair? What jokers at the funeral?

The end of the year approacheth. What do we know? What have we learned? Where have we come to?

Come hither specter… Come, tell us your secrets. Take us by the hand… Show us tomorrow.

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The Daily Reckoning 2009 Financial Darwin Awards

When one thinks of today’s modern financial system, phrases like “survival of the fittest” hardly spring to mind. We’re more likely to recall imbecilic idioms like “too big to fail” or “zombie bank” instead. As Bill kindly noted in a reckoning from last week, the nation’s flagship automotive company and its largest insurer are now custodians of the not-so-almighty state. It’s more like “preservation of the weakest” than anything Sir Charles had in mind; a kind of involuntary, taxpayer-funded dedication to market devolution, if you will.

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