We wish to inform you that we intend to close this website in the next few months or so and also offer you an alternative, which is free to you, as we will continue to post content on Seeking Alpha In order to help you to follow us on Seeking Alpha all you have to do is click the link and you should see the picture below and then click the Follow Button. We would also like to Thank You for your support over the last 17 years or so and we hope that you enjoy the content that we will be posting on Seeking Alpha. All the Best, Bob K   CLICK HERE   ..read more

Introduction The talking heads tell me that we have an energy crisis which is driving inflation. There isn't an energy crisis, it is a crisis of political ineptitude, as it is the lack of vision and failure to strive for energy independence that’s driving energy costs higher. When energy costs more, these costs are passed on and materialize, with the customer paying more for that product or service. There is also the money-spewing printing press that has been on steroids for a long time inflating the money supply to record levels. This issue appears to have been overlooked by many comment ..read more

Summary The destroyer of wealth, inflation, has arrived, vigorously ravaging savings and effectively reducing the purchasing power of money on a monthly basis. The impact of an aggressive monetary policy stance has driven the U.S. dollar to greater heights. Holding U.S. dollars, even at an earned interest rate of 6% or 7%, is a sure-fire loser if inflation is above 10%. Having experienced the inflation of 1979-1980, I expect the inflation rate to surpass the 20% mark. When that figure becomes headline news, gold will double and the stocks will rise in leaps and bounds.       ..read more

Summary Inflation is here to stay and is evident everywhere. The recent meeting of the FOMC laid the ground for future interest rate hikes. Physical gold is an investment in a hard asset and hard assets offer us protection against the ravages of inflation. Gold stocks are more speculative than gold but they do offer up to 3/4 times the leverage to their underlying asset in percentage terms. PLEASE CLICK HERE TOO READ THIS ARTICLE IN FULL     ..read more

Introduction Metalla Royalty & Streaming Limited (MTA) is a royalty company currently focused on the precious metals sector of gold and silver and is a business model that we like. This tiny sector of the market has been kind to us in the past so we retain an interest as well as some investments in this sort of company. Metalla came to our attention some time ago when it entered the market and made moonshot-like progress through its acquisitions which were reflected in its stock price. Their track record shown below highlights their achievements and gives us a pictorial snapshot of their b ..read more

Introduction Gold had a poor 2021 and disappointed many Gold Bugs including me. Back in February 2019 we wrote that Gold Would Obliterate The $1350 Resistance Level and it did, but last year it meandered directionless and closed lower than it started the year. However, an even bigger disappointment was that the producers remained out of favor and where shunned despite making reasonable profits and some going as far as to introduce a dividend payment. According to the NASDAQ the Newmont Corporation (NEM) paid out four cash dividends of $0.55 for an annual dividend of $2.20 which is a dividend ..read more

The recent sell off in gold was followed by a sell off of the gold producers as the chart below depicts:   The reason for this is that the President of the United States, Joe Biden, decided to give the chairman of the Federal Reserve, Jerome Powell a further four years as chairman. It was thought that as Jerome Powell was a President Trump nominee this extension would not be granted and instead Lael Brainard a Democrat would be his replacement. However, this did not happen, and it is generally thought that Miss Brainard would have been more dovish than Mr. Powell which in turn would be ad ..read more

  Rocketing Silver Prices Will Turbo Charge The Silver stocks as the chart of silver shows it is coiled and preparing to go a lot higher form here and when it does it will be faster than we have ever seen before.   For the record I have been long physical gold and silver for a number of years and also own a large number of stocks in the precious metals sector, including Wheaton Precious Metals Corp. (WPM), SSR Mining Inc. (SSRM), Sandstorm Gold Ltd. (SAND) and Kirkland Lake Gold Ltd. (KL).   Go gently but go now ..read more

The focus of attention last week was the Jobs Report for the US.  The Bureau of Labour Statistics reported  that another 531,00 jobs were created which suggests that the economy is coming back to life. However, gold ignored these results and put in a good day so Im looking forward to ending the year with a bang in the Precious Metals space.     Is it a time to Buy you ask ..read more

Gold usually has problems and wobbles a tad when it reaches a big round number such as $1800. The chart below depicts golds struggle to get above $1800 and stay there. When it does vault this level we expect it to rally hard and form knew all-time highs This could be a good time to acquire the stocks and the physical gold that you've been eyeing for such a long time Go gently and layer into the precious metals sector as patience is the order of the day ..read more