Dear Reader,

I'm off to kick rocks in the snow as you read this, so I'll keep it brief. Bears are goring investors left and right—even some of our most stalwart readers are beginning to have doubts about the outcome of our precious metals speculations. I could write a sort of gold-warrior's St. Crispin's Day speech to counteract this, but I believe that solid data are always a more compelling argument. And BIG GOLD's Jeff Clark has that for us this week, along with an amusing presentation.

I encourage you to give the article below a good read, even if you've grown skeptical yourself—perhaps especially if you've grown skeptical yourself.

Also, if you're in the Boston area, Naples, Florida, or Salt Lake City and are interested in joining the Casey Phyles setting up shop there, please send an email to [email protected] and we'll connect you.


Louis James
Senior Metals Investment Strategist
Casey Research

Rock & Stock Stats
One Month Ago
One Year Ago
Gold 1,317.40 1,307.70 1,744.70
Silver 21.96 21.51 32.87
Copper 3.27 3.28 3.74
Oil 100.81 107.28 92.53
Gold Producers (GDX) 24.38 28.25 51.52
Gold Junior Stocks (GDXJ) 36.89 47.55 95.76
Silver Stocks (SIL) 12.92 15.18 24.57
TSX (Toronto Stock Exchange) 13.136.09 12,931.40 12,466.12
TSX Venture 950.97 952.79 1,312.34