We have recently noticed how the actions of top executives at some of the largest financial institutions are not too different from those of The Sopranos. (read more)

To bring you a different viewpoint we are posting this article by David Galland, the Managing Director of Casey Research with the intent of adding some balance to the debate.(read more)

As we are now of the opinion that the US dollar may spend some time going sideways, or perhaps even making some gains, we also now think that precious metals are going to take a significant drop.

We know we may sound a bit like a broken record, but gold is still too far above its 200 day moving average! This gap must be closed, and we think that closure will happen within the next couple of months. That means a $100 haircut for gold, which will hit gold stocks hard and also drag the silver price south (read more…)

Endeavour Silver Corporation operating results for 2007 show that Revenues were Up 106%, Production Up 58%, Reserves Up 50%. The highlights are as follows (read more…)

In early morning trading our target silver company flirted with us by trading at $3.26, so we upped our instruction to buy by 1 cent to $3.26 and in small lots our order was slowly filled. The temptation became too much for us and as we said before we are not very good at being patient so we pounced (read more…)

Just a quick note from administration: If your mail box is too small or full, our newsletter system powered by Feedburner may not be able to deliver your free newsletter (read more…)

We recently bought a position the inverse ETF called Ultra Short Financials ProShares, (AMEX:SKF) in a “Bet Against The Banks”. SKF is designed to rise 20% when the Dow Jones US Financials Index falls 10%.

This is a volatile security and has recently endured a significant pullback and, as we are still bearish on the financial sector, in our opinion this is a great time to buy (read more…)

Casey Research organised a get together at the Barbebra Café in Auckland on Wednesday night for International Speculators. Around thirty people attended and a very good night it was too!

Pictured Above: Bob Kirtley, Doug Casey, Sam Kirtley

The subjects covered were wide ranging as each attendee had their own unique area of interest around which debate was built (read more…)

The recent decision by some prominent investment rating agencies to maintain their top quality AAA ratings for some of America’s most troubled bond insurers has worried us to say the least. Although some agencies such as Fitch Ratings have been sensible enough to downgrade bond insurance companies like Ambac Financial, others are still grading these companies as top quality investments.

We view this as a drastic judgement error on the agencies part (read more…)

We took a speculative short position on the US financial sector a couple of weeks ago, via an inverse ETF called Ultra Short Financials ProShares (AMEX:SKF). As an inverse ETF, this investment will go up when the US Financial sector goes down, with a leverage of 2:1. For more details on how this work, please read our article entitled “A Bet Against The Banks”.

Since we bought SKF at $110.36, the financials have continued to suffer and so our investment has risen to $119.27, a gain of just over 8% in two weeks.

Do we see SKF continuing to make gains? The answer is (read more…)