Sep 10
2

Jockeying For Position

The PGMs are almost always the forgotten child in the precious metals group despite many times outperforming gold and silver. The South African PGM players may be quite interesting for 2011 and beyond.

Please note Anooraq Resources is a client of Grandich Publications.

Posted in A Grandich Company All Posts Anooraq Resources Canadian Stocks Exploration Shares Mining Shares Platinum Precious Metals by Peter Grandich.

Sep 10
2

Things

Posted in All Posts Political by Peter Grandich.

Sep 10
2

I Just Had To

A reader sent this to me and I just had to post it:

“Tokyo Rose Sighting”

Posted in All Posts Gold by Peter Grandich.

Sep 10
1

Update 7PM EST

A Holiday-like atmosphere will be with us for the balance of the week in North America.

U.S. Stock Market – A no-where’s fast outlook continues to be my best assumption. We’ve defined a trading range and the market should look to buy the bottom of it and sell the top until such time the bands change.

U.S. Bonds – Thankfully I gave up betting against the bond market months ago but I remain extremely bearish going forward. Talks of a bubble should only be addressed to the U.S. bond market. The difficulty is bubbles can grow bigger and last longer than anyone could imagine. That appears to be the case here.

Gold – Despite all the bubble nonsense and predictions of its demise a dime-a-dozen, gold has risen in a very constructive manner. I sooner see it move sideways into next week than a vault up here in this holiday atmosphere.

U.S. Dollar – The technical bounce is playing itself out and it would come as no surprise to see us testing the 80 area in the 4th quarter.

Oil and Natural Gas – Serious conflict in the Middle East is the only factor I see that can cause oil prices to rise dramatically. I have avoided natural gas despite numerous bullish calls for the last couple of years. I continue to see over supply and suggest the sidelines remains the best position until there’s clear evidence the oversupply has truly dissipated or disappeared.

Posted in All Posts Canadian Stocks Gold Natural gas Oil Precious Metals U.S. Economy US Dollar US Stocks world economy by Peter Grandich.

Sep 10
1

Update on Grandich’s Offer To Totally Shame Self

A few weeks back, with gold almost $100 lower and Silver Quest Resources substantially cheaper, I offered up “total humiliation” to myself by stating if gold didn’t make a new high in 2010 (old high $1,266.50) and SQI trade at least for a buck, I would wear a Canucks jersey for a day at the Vancouver Gold show in January, 2011. Gold is now within range of a new high (and I think it makes it in September) and SQI has $1+ written all over it.

But not leaving well enough alone, I added to the chance of total humiliation by also stating that I would wear a pink Canucks jersey at same show if Continental Minerals (KMK) hadn’t received a takeover or merger proposal by the show.

While I remain optimistic I will not face a worse than death episode in Vancouver, I do wish someone would have said this to me before I made my KMK offer.

Posted in A Grandich Company Canadian Stocks Commentary Gold Silver Quest Resources by Peter Grandich.

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