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According to Alf Fields Apr 4th was likely the low for gold at 1612, here is what he says… “Elliott Wave Gold Update: In the article “What Happened to Gold” dated 1 march 2012, the “other possibilities” mentioned in the event of gold dropping below $1650 related firstly to the 61.8% retracement of the prior [...]

Interesting video clip on how any particular country may decide to back their currency with gold, such as Russia, leading to a run on other currencies. See video clip here.

Find attached a great article from Casey Research highlighting how several countries are starting to drop US dollars for trade. One has to wonder what event will trigger Saudi Arabia to go it alone and take its chances with its own protection, in exchange for flexibility in the currencies it accepts… See article here.

Below is an interesting short piece by Jim Sinclair speculating that China may have given the USA a cutoff date of June 28th. At which point they may start using gold for trade in such things as oil. Imagine you’re Saudi Arabia and start getting paid in gold by one country and US dollars by [...]

A well written article with background on Sprott’s thesis of gold and silver. Gives some insight to his current holdings also. He seems to have almost fully made the switch from gold bullion to gold equities. See PDF of article here.

Charles Nenner is now calling for $2500/oz gold within 12-18 months. At the end of March he figured mid April would be a bottom and good entry point. He also see’s silver blowing thru $50 in a similar timeframe. See article here.

Great interview with Eric the topic as you’d expect was a focus on silver, and gold. see interview here.

Not that this should be a surprise to anyone but Rick Rule see’s chaos coming. He compares the current disconnect between gold and gold stocks with what took place in 1975 and noted those without cash to take advantage missed an 8 fold increase. I wonder what sort of increase he might expect this time… [...]

The latest interview with John Williams is out. In particular check out the last graph. As he states, not only is U6 unemployment at 22% (SGS number) but we’re making almost a 1/3 what we did. See article here.

It seems California had a 22.5% drop in tax revenue for Feb 2012 vs Feb 2011 but “Offical” unemployment is supposed to have decreased. Would seem to put a nail in the coffin of proving how fake the BLS numbers are. But I guess if you just model unemployment you can see whatever you want. [...]