We have a “podcast” interview coming up with David Morgan who is in our view the most accurate silver analyst today.  We find it compelling that we are totally in accord with David’s forecasts and valuations for silver. We take no pleasure in having a negative outlook for the economy and the stock market but we are realists. We feel that we are about to commence very difficult times and do believe that silver bullion and many silver stocks will provide investors with outstanding returns. While our analysis is negative for the economy and the stock market in general, we still find that there are numerous stocks and investments that offer exceptional opportunities for substantial capital gains. What too few investors recognize is the fact that the stock market has been supported by artificially low interest rates and central bank intervention in the stock markets. The markets in general have exceeded historically reasonable gauges of proper value so the markets and many stocks excesses’ will soon be “modified.” In our opinion, time listening to the podcast interview will prove to be time well spent.  Do not look to Wall Street or the major brokerage houses for timely advice on commodities such as silver and gold.

Many investors are not paying attention to insider sales, they should! Last week we saw one of the largest amounts of insider (officers and directors) weekly sales of their very own personally owned shares; shares in the very companies where they work.  In the past, the selling in itself is not always a timely signal. However, from these very elevated selling levels, brutal bear markets have commenced in the past. We never have advised selling short, however our analysis suggests taking some profits off the table. The  total insider purchases last week totalled approximately $21,000,000 million in US Dollar value…….with insider selling totalling $567,000,000 in US dollar value last week, taking money off the table is something to consider.

    Most of us know the story of Colonel George Custer’s 7th Cavalry and how they were crushed by the alliance of Lakota Sioux, Cheyenne and Arapaho tribes led by Crazy Horse and Sitting Bull. Historians have said that Colonel Custer was warned several times of the size of the Indian alliance.  He had six Crow scouts, Whiteman Runs Him, Curley, Hairy Moccasin, Goes Ahead, Half Yellow Face and White Swan who warned Colonel Custer, but he paid little attention.