The Investor Sentiment Wheel

Graph courtesy of trustablegold.com. Click to enlarge.

Aka the sucker's cycle.

TOP SECRET: This is the ECB Bazooka

It's been a long blogging hiatus but actually nothing has changed in Eurozone monetary politics. If you have gotten confused about the monetary instruments the ECB threatens to deploy, this blogger is happy to have received this picture of the EUro-Wunderwaffe in action. Mind you: That's all the ECB has.

We are not one step further in the biggest crisis of this century

GUEST POST: This Incredibly Tiny Silver Market

Prices above $30/oz of silver as of today are only the first step for the expected explosion in silver prices due to the size of the market. This guest post by Sean, who I met first 2007 in Vancouver, confirms that the fundamental outlook projects a bottleneck for investible silver. 

--- by Sean Rakhimov ---

It has been a while since we had this nagging feeling that we’re witnessing something profound taking place before our eyes and the market doesn’t seem to grasp it yet. We are not talking about the smorgasbord of events effecting markets all over the globe that is receiving ample coverage elsewhere in the media. As readers might know, our particular interest is in the silver space, and that is where we see an elephant in the room that hasn’t made headlines yet.

No doubt most readers are aware of the recent developments in countries like Argentina, Bolivia, Peru and others, with respect to what can be broadly classified as “resource nationalism”. Our general views on the subject were detailed a few years ago, here. As discussed by this writer and others, such developments are not new and certainly not limited to silver or even the mining sector. However, in our opinion, it is in the silver space that these events should have the most profound effect.

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