Silver update...very close now

"It's just a little coin."

Joe Kernan looked like he had bitten in to a lemon when he was talking about Jim Rickards coming on CNBC yesterday morning. Joe mentioned that last time Rickards was on, he talked about $5,000 gold. Kernan said "At the time I was wondering what he was smoking, but now...". Becky Q asked if he was having second thoughts about that and Kernan offered up this searingly insightful analysis:

"I don't know...it's just a little coin."

You got that right, Joe. Gold...is...money.


Here is a link to the segment where Rickards does the math for Joe: Jim Rickards on CNBC

Yukon Gold Rush II

It seems probable to me that the awesome influx of capital catapulting the market cap of the Yukon gold juniors higher represents the first in what is likely to be several waves over the coming years. Serious money is being put into exploration programs that are starting to yield discoveries. Modern exploration methods are being brought to bear on a gold-rich area that is largely underexplored. It's only a matter of time before others follow in Underworld's success.

Silver monthly chart

ATAC...consolidating...

Northern Tiger...roaring...

What kind of bug are you?