Author Archives: pmontesdeoca

Sprott Asset Management – John Embry – Exclusive Interview

By Patrick MontesDeOca

On September 28, 2012, I had the pleasure and honor to spend a few minutes chatting with John Embry, Chief Investment Officer fromSprott Asset Management , one of the leading and most innovative investment funds in the world, managing more than $10 Billion in assets.

Sprott AM is a fund company dedicated to achieving superior returns for its investors over the long term. In June 2009, Sprott AM reorganized to better define and streamline the key Click HERE to read more

Silver Falling Wedge Followup Part 1 with Steve Roy Chief Technical Analyst

This is an analysis of today’s real time trade in the soybean futures market with Steve Roy our staff Technical Analyst 10-3-2012.

Silver Special Alert 10-2-2012


By Patrick MontesDeOca

Let’s take a look at the charts and see what the technical picture is indicating for the near-term price outlook. The yellow metal closed at 1785 for the week. With the price closing above the 61.8% Fibonacci target of 1782, it projects to next challenge the September 2011 highs of 1934.6 as the next objective.

The gold market had a quiet week. It appears the price rally in anticipation of the QE3 announcement by the FED’s is digesting and consolidating the inflationary consequences of Mr. Bernanke announcement that $40 Billion will be committed on a monthly basis as required by the economy and the unemployment indicators. With the unemployment level falling to 7.8% from the 8.1% previously announced monthly record, the gold market was unable to gain enough muscle to close above the 1800 levels on a weekly basis and some profit taking came in near the highs for the day ending the week on a positive note.

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