Buy United States Oil Here – Discovery of Support

United States Oil (NYSE: USO) had an important discovery Monday; it found support. Some are pointing to technical analysis for reasoning, but there are fundamental factors to point to. Energy prices have stabilized for now thanks largely to supportive economic data out of Europe and China. Still, given recent supply stubbornness, energy could require a geopolitical catalyst to really get going to the upside over the near-term. Because I give weight to that possibility, I can recommend immediate purchase for aggressive investors and a buy and hold strategy for all others on a positive change in demand dynamics. See the full report on United States Oil (USO) here.

DISCLOSURE: Kaminis is long USO. Article interests energy investors including Exxon Mobil (NYSE: XOM), BP (NYSE: BP), PetroChina (NYSE: PTR), Petrobras (NYSE: PZE), Royal Dutch Shell (OTC: RYDAF.PK), Total (NYSE: TOT), Chevron (NYSE: CVX), Repsol (OTC: REPYY.PK), ConocoPhillips (NYSE: COP), Eni SpA (NYSE: E), Sasol (NYSE: SSL), Encana (NYSE: ECA), Suncor (NYSE: SU), Imperial Oil (AMEX: IMO), Statoil (NYSE: STO), Cenovus (NYSE: CVE), Transocean (NYSE: RIG), Penn West Petroleum (NYSE: PWE), Continental Resources (NYSE: CLR), Noble (NYSE: NE), Concho (NYSE: CXO), Diamond Offshore (NYSE: DO), Ensco (NYSE: ESV), Whiting Petroleum (NYSE: WLL), Nabors (NYSE: NBR), Pride International (NYSE: PDE), Helmerich & Payne (NYSE: HP), QEP Resources (NYSE: QEP), Enerplus (NYSE: ERF), Rowan (NYSE: RDC), Cobalt (NYSE: CIE), Patterson UTI (Nasdaq: PTEN), SandRidge (NYSE: SD), Schlumberger (NYSE: SLB), Halliburton (NYSE: HAL), National Oilwell Varco (NYSE: NOV), Baker Hughes (NYSE: BHI), Weatherford International (NYSE: WFT), Cameron (NYSE: CAM), FMC Tech (NYSE: FTI), Oil States International (NYSE: OIS), Superior Energy (NYSE: SPN), Carbo Ceramics (NYSE: CRR), Helix Energy (NYSE: HLX), Pioneer (NYSE: PXD), CNOOC (NYSE: CEO), China Petroleum and Chemical (NYSE: SNP), Ecopetrol (NYSE: EC), Canadian Natural Resources (NYSE: CNQ), Apache (NYSE: APA), Anadarko (NYSE: APC), Devon (NYSE: DVN), EOG (NYSE: EOG), Chesapeake (NYSE: CHK). Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.

OIL – Buy it Here

Over the last two weeks I have noted a trend in oil prices that can be exploited by investors and traders alike. Oil prices have slipped each of the last two weeks heading into the EIA’s Petroleum Status Report, on fear that the inventory data might show large inventory builds. However, once the report is released, despite it’s showing of inventory build, oil prices have found some support likely from long-term investment interests looking for forward developments. As a result, there’s an opportunity for entry in the iPath S&P GSCI Crude Oil ETN (NYSE: OIL) here. See the OIL Report here. Article also interests United States Oil (NYSE: USO), Energy Select Sector SPDR (NYSE: XLE), SPDR S&P Oil & Gas (NYSE: XOP).

Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.

Buy Oil Here

Oil prices took a nosedive since the start of May on concern regarding global economic growth. The demand side of the equation has thus been penalized just as reserve supplies of domestic resources (mostly natural gas) have also been on the increase. So, suddenly petroleum prices turned on a determined path of decline. The United States Oil (NYSE: USO) and the iPath S&P GSCI Crude Oil TR Index ETN (NYSE: OIL) are off roughly 20% each since their May 1st cliff’s edge. However, I warn, the same factors that took oil and its distillates higher before the latest slide have not subsided and will again soon spur oil and gasoline prices higher once more. Thus, investors may benefit from dollar cost averaging petroleum relative buys from this point. The shares of Exxon Mobil (NYSE: XOM) and ConocoPhillips (NYSE: COP) are each up sharply today after following the downdraft of oil prices since the start of May, but the ground they might retrace is vast.

Our founder earned clients a 23% average annual return over five years as a stock analyst on Wall Street. "The Greek" has written for institutional newsletters, Businessweek, Real Money, Seeking Alpha and others, while also appearing across TV and radio. While writing for Wall Street Greek, Mr. Kaminis presciently warned of the financial crisis.

The Oil Price Blame Game

President Obama recently raised the issue about speculators’ possibly playing a role in driving unwarranted price change in commodities, namely in oil prices. It’s a popular topic these near-election days, as petroleum distillate prices reach into the pocketbook of most voting Americans. Namely, gasoline prices have been bothering Americans most, and according to many polls, our countrymen believe the President and Congress can do something about the price of gas. A low hanging fruit, the GOP has of course highlighted the issue as a cause of concern about President Obama and his prioritizing of the environment (they say irrelevantly) over energy, pointing to debate about the Keystone Pipeline. So, it would seem, the President struck back, targeting that mysterious factor which is hard to pinpoint and a favorite pincushion of the 99% of late - Wall Street.

The same thing happened in Europe when economic lies, excessive debt, corruption and inept governing drove European Union member Greece into catastrophe. The mob of course blamed Wall Street first, namely Goldman Sachs (NYSE: GS), for misleading the soft-hearted sheep leading the country, many of whom were stealing away millions in misappropriated funds, into financial catastrophe. However, as every MBA should know, the market is efficient over the long-term and no unwarranted mispricing can thus last long enough to factor. Still, the vague discussion that will ensue in the coffee shops of Greenwich Village and diners across the heart of the nation will place the blame squarely on the usual suspect, that greedy group of traders and hedge fund honchos on Wall Street.

I think the President is playing unfairly here for political purposes, and it’s just not right. He said he’s going to push to increase regulatory might to stop manipulation. There’s nothing wrong with stopping crooked activity, but this begs to question: Who has gone to jail for rating mortgage backed securities triple-A credits deep into the real estate downturn? Why is the rating model employed by Standard & Poor’s (NYSE: MHP) and Moody’s (NYSE: MCO), where the issuer pays for his rating, still the standard or even in existence? Imagine if a company’s stock were rated “strong buy,” and you owned it into an abysmal loss, and then later found out that it had paid the firm that rated it a service fee? Do you think that’s Kosher? So why is our government finding religion on one issue and losing its faith on a critical one? It’s because of votes and tax revenue of course; I’ll get into this one later.

The President’s pointing to gasoline price gamers forces free market defenders into action. The factors of the price of any security are never singular, and always grammatically in conflict, because there are always many. In this case, let’s start with the most obvious.

What led the latest surge in petroleum prices has been the intensification of the geopolitical concern about Iran, its nuclear program, the West’s issue with it, and the sanctioning effort to stop it. Iran represents an important source of a critical global commodity, and it also could threaten the global distribution of petroleum through the disruption of its flow at the Strait of Hormuz.

This issue, and also the possibility of secret agreements around the issue that have possibly tied many groups and perhaps even some nations (the obvious are Venezuela, Syria, Hezbollah, Hamas; others are too dreadful to discuss) into strategic or military alliance, are of significance. Up until recently, and for some for just a short while longer, Iran represented an important petroleum source. We are talking about the likes of Greece and India, where disruption could have dramatic consequences. Where China really stands on this issue is likely to become better understood as the horrible effects of any disruption play out. In other words, I worry about, and obviously the petroleum market is bothered by, global economic consequences to the engagement of Iran. While that might lessen demand, severe disruption of the important fuel resource would clearly drive prices much higher. So, it would seem that mindful investors, often known as smart money, have also been aware and investing in line with what the President seems to blame speculation for.

Dilution of Fiat Currency
Blame should also fall partly on the Federal Reserve, which while diluting the value of the dollar, lifts the prices of the commodities it is used to value. Sustained low interest rates and quantitative easing serve an expansionary economic purpose. However, the result, in isolation, is also a depreciated currency against commodities like oil and gold. I say in isolation because nascent weakness in the euro and the yen has acted as counterbalancing weight in favor of the dollar.

But what will happen when those counterweights are lifted away or when the dollar pays for the day’s needs? Suddenly the dollar will drop like a rock, spurring hyperinflation and lifting the price of commodities beyond their recent highs. Even if the counterweights are not lifted, the continued dilution of fiat currency value will work against us. As Europe ties itself even closer together, its euro will be more burdened as its economies contract a contagious illness. As economic growth is stymied by misguided and mistimed austerity, even currently manageable debt becomes troubling. Thus, fiat currency globally could become contaminated, lifting the prices of goods, starting with commodities.

Add Oil Here
Any way this plays out, and whichever factor takes the lead, the price of oil will rise again without any defusing action to stop it. Political hijacking of the issue only serves to further cloud the view of the truly dangerous factors causing it. Those real driving factors must be mitigated, before risk is realized. Since I’m near certain they will not be, look for this latest oil price break to prove temporary.

Article interests energy investors including Exxon Mobil (NYSE: XOM), BP (NYSE: BP), PetroChina (NYSE: PTR), Petrobras (NYSE: PZE), Royal Dutch Shell (OTC: RYDAF.PK), Total (NYSE: TOT), Chevron (NYSE: CVX), Repsol (OTC: REPYY.PK), ConocoPhillips (NYSE: COP), Eni SpA (NYSE: E), Sasol (NYSE: SSL), Encana (NYSE: ECA), Suncor (NYSE: SU), Imperial Oil (AMEX: IMO), Statoil (NYSE: STO), Cenovus (NYSE: CVE), Transocean (NYSE: RIG), Penn West Petroleum (NYSE: PWE), Continental Resources (NYSE: CLR), Noble (NYSE: NE), Concho (NYSE: CXO), Diamond Offshore (NYSE: DO), Ensco (NYSE: ESV), Whiting Petroleum (NYSE: WLL), Nabors (NYSE: NBR), Pride International (NYSE: PDE), Helmerich & Payne (NYSE: HP), QEP Resources (NYSE: QEP), Enerplus (NYSE: ERF), Rowan (NYSE: RDC), Cobalt (NYSE: CIE), Patterson UTI (Nasdaq: PTEN), SandRidge (NYSE: SD), Schlumberger (NYSE: SLB), Halliburton (NYSE: HAL), National Oilwell Varco (NYSE: NOV), Baker Hughes (NYSE: BHI), Weatherford International (NYSE: WFT), Cameron (NYSE: CAM), FMC Tech (NYSE: FTI), Oil States International (NYSE: OIS), Superior Energy (NYSE: SPN), Carbo Ceramics (NYSE: CRR), Helix Energy (NYSE: HLX), Pioneer (NYSE: PXD), CNOOC (NYSE: CEO), China Petroleum and Chemical (NYSE: SNP), Ecopetrol (NYSE: EC), Canadian Natural Resources (NYSE: CNQ), Apache (NYSE: APA), Anadarko (NYSE: APC), Devon (NYSE: DVN), EOG (NYSE: EOG), Chesapeake (NYSE: CHK).

Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.

Gold Price Factors

At a time when you would expect gold prices to climb even higher, the shiny metal I call mankind’s inherent currency has dropped along with other asset classes. I’m sure you’ve wondered why, and I believe I’ve got some understanding of the complex forces that are driving gold prices today. These forces have helped to stabilize gold and even quelled the heat around the commodity recently. These latest weeks’ trading have helped us to understand the dynamics of the commodity all the better. Thus, I suspect I can add value to your forecasting.

Our founder earned clients a 23% average annual return over five years as a stock analyst on Wall Street. "The Greek" has written for institutional newsletters, Businessweek, Real Money, Seeking Alpha and others, while also appearing across TV and radio. While writing for Wall Street Greek, Mr. Kaminis presciently warned of the financial crisis.

Gold Price Factors

Gold prices dropped again to start this week, despite a swirling storm about the euro and new concerns about a possible U.S. government budget failure. You would expect gold prices to rise in such a scenario, but the metal was instead down roughly $30 Monday. The spot price of gold was flirting with sub-$1600 per ounce in fact, certainly surprising given the last several weeks of chaos. So what’s up?

Some might point to a previously overextended commodity price now seeking mean valuation, or reverting to its mean. This is certainly the most important factor in forecasting gold price movement, since the market only seeks to estimate true value. To understand how a mean reversion could be underway, we must review recent history briefly.

Gold topped out at about $1890 on the spot price (closing pricing), spurred by a frenzied drive to acquire the metal as the US appeared set to record a technical default on its debt this past summer. A quick study of the one-year chart for spot gold clearly illustrates an insecure price level near $1900, established by the spike in the commodity. Once the US Congress mitigated technical default risk, and while the United States even bore a downgrade of its sovereign credit rating by Standard & Poor’s (NYSE: MHP), investors looked around and saw all was not lost. Suddenly the gold price felt expensive, and so this medium term driver is certainly playing a major role in gold price action today. However, a look at the chart seems to show gold at about a medium term trend line, and a $1500 price would seem a secure floor despite its breaking of that line.

Something else is playing a short-term role in driving gold today though. Popular media, based on analyst interviews, regularly reports that there is a force against gold which is capital driven. This force is the theoretical use of gold-relative profits or positions to cover other positions as asset classes dive. It may likewise be that an unbalanced holding of gold in many portfolios is being balanced with capital seeking value in other segments. But, the drops seen in other investment securities pricing does not support this second idea as a main factor in markets.

Another important factor working against gold and all commodities is dollar strength. This has certainly been a stabilizing control on gold pricing. As the euro has found fewer friends while rumors swirl about an imminent Greek default, the dollar has benefited. As commodities are priced in dollars, the strength of the currency has made commodities cheaper in dollar terms. The funny thing is that as the global economy comes under stress, dollar strength has persevered, and this has certainly acted as a counterintuitive and counteracting force on gold pricing.

Over the longer term though, if the United States continues to find intensifying economic and investment pressures, the dollar could be eventually undermined, at which time gold would be free to fly to greater heights. This untethered scenario is the kind that supports gold pricing above $2000 and perhaps as high as $5000 per ounce. Without it though, I cannot find supporting reasoning to forecast new records for the price of gold.

This article should interest investors in precious metals stocks: Goldcorp (NYSE: GG), Agnico-Eagle Mines (NYSE: AEM), Allied Nevada Gold (AMEX: ANV), AngloGold Ashanti (NYSE: AU), AuRico Gold (NYSE: AUQ), Aurizon Mines (AMEX: AZK), Barrick Gold (NYSE: ABX), Brigus Gold (AMEX: BRD), Charles & Covard (Nasdaq: CTHR), Claude Resources (AMEX: CGR), Commerce Group (OTC: CGCO.PK), Compania Mina Buenaventura S.A. (NYSE: BVN), DRDGOLD (Nasdaq: DROOY), Eldorado Gold (NYSE: EGO), Entrée Gold (AMEX: EGI), Exeter Resource (AMEX: XRA), Gold Fields (NYSE: GFI), Gold Reserve (AMEX: GRZ), Gold Resource (Nasdaq: GORO), Golden Eagle Int’l (OTC: MYNG.PK), Golden Star Resources (AMEX: GSS), Great Basin Gold (AMEX: GBG), Harmony Gold (NYSE: HMY), IAMGOLD (NYSE: IAG), International Tower Hill Mines (AMEX: THM), Jaguar Mining (NYSE: JAG), Keegan Resources (AMEX: KGN), Kimber Resources (AMEX: KBX), Kingold Jewelry (Nasdaq: KGJI), Kinross Gold (NYSE: KGC), Midway Gold (AMEX: MDW), Minco Gold (AMEX: MGH), Nevsun Resources (AMEX: NSU), New Jersey Mining (OTC: NJMC.PK), Newmont Mining (NYSE: NEM), North Bay Resources (OTC: NBRI.OB), Northgate Minerals (AMEX: NXG), NovaGold Resources (AMEX: NG), Richmont Mines (AMEX: RIC), Royal Gold (Nasdaq: RGLD), Rubicon Minerals (AMEX: RBY), Seabridge Gold (AMEX: SA), Solitario Exploration and Royalty (AMEX: XPL), Tanzanian Royalty Exploration (AMEX: TRE), Thunder Mountain Gold (OTC: THMG.OB), U.S. Gold (NYSE: UXG), Vista Gold (AMEX: VGZ), Wits Basin Precious Metals (OTC: WITM.PK), Yamana Gold (NYSE: AUY), Coeur d’Alene Mines (NYSE: CDE), Endeavour Silver (NYSE: EXK), Hecla Mining (NYSE: HL), Mag Silver (AMEX: MVG), Mines Management (AMEX: MGN), Silver Standard Resources (Nasdaq: SSRI), Silver Wheaton (NYSE: SLW), SPDR Gold Trust (NYSEArca: GLD), Market Vectors Gold Miners ETF (NYSEArca: GDX), iShares Silver Trust (NYSEArca: SLV), ProShares Ultra Silver (NYSEArca: AGQ), ProShares Ultra Short Silver (NYSEArca: ZSL), Great Panther Silver (AMEX: GPL), Silvercorp Metals (NYSE: SVM), Paramount Gold and Silver (AMEX: PZG), Pan American Silver (Nasdaq: PAAS) and First Majestic Silver (NYSE: AG).

Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.

Gold Should Top $1600 Today but Weaken Friday

I am looking for gold to surmount $1600 Thursday, partly on Moody's (NYSE: MCO) ratings warning for the U.S., but I would sell out of my holdings before the close, as I expect the European bank stress tests to support the euro, and I anticipate American Congressmen will move more quickly now toward raising the debt ceiling.

Our founder earned clients a 23% average annual return over five years as a stock analyst on Wall Street. "The Greek" has written for institutional newsletters, Businessweek, Real Money, Seeking Alpha and others, while also appearing across TV and radio. While writing for Wall Street Greek, Mr. Kaminis presciently warned of the financial crisis.

Relative tickers include: NYSE: GG, NYSE: AEM, AMEX: ANV, NYSE: AU, NYSE: AUQ, AMEX: AZK, NYSE: ABX, AMEX: BRD, Nasdaq: CTHR, AMEX: CGR, OTC: CGCO.PK, NYSE: BVN, Nasdaq: DROOY, NYSE: EGO, AMEX: EGI, AMEX: XRA, NYSE: GFI, AMEX: GRZ, Nasdaq: GORO, OTC: MYNG.PK, AMEX: GSS, AMEX: GBG, NYSE: HMY, NYSE: IAG, AMEX: THM, NYSE: JAG, AMEX: KGN, AMEX: KBX, Nasdaq: KGJI, NYSE: KGC, AMEX: MDW, AMEX: MGH, AMEX: NSU, OTC: NJMC.PK, NYSE: NEM, OTC: NBRI.OB, AMEX: NXG, AMEX: NG, AMEX: RIC, Nasdaq: RGLD, AMEX: RBY, AMEX: SA, AMEX: XPL, AMEX: TRE, OTC: THMG.OB, NYSE: UXG, AMEX: VGZ, OTC: WITM.PK, NYSE: AUY, NYSE: CDE, NYSE: EXK, NYSE: HL, AMEX: MVG, AMEX: MGN, Nasdaq: SSRI, NYSE: SLW, NYSEArca: GLD, NYSEArca: GDX, NYSEArca: SLV, NYSEArca: AGQ, NYSEArca: ZSL, AMEX: GPL, NYSE: SVM, AMEX: PZG, Nasdaq: PAAS, NYSE: AG.

Gold Should Top $1600 Today but Weaken Friday

Wednesday’s move in gold was nothing new, so discount those theorists trying to tie the day’s advance to Federal Reserve Chairman Bernanke’s comments. Yes, the Fed Chief said more quantitative easing or other “untested measures” were possible for a still testy economy, but I would hope you all already knew that. This latest surge in the glittery metal I don’t own enough of is marking close to a 10% two-week gain. So Wednesday’s 1.2% rise to about $1582.20 is but a step in a staircase built on the crumbled architecture of medieval Europe and perhaps a few Blarney Stones.

Gold was not up on the dollar alone, but climbed over the euro too. This is about the demise of fiat currency, watered down by nation states seeking to save sovereign sinners Portugal, Ireland, Italy, Greece and Spain (the PIIGS). This is about the United States’ government growing its debt and deficit to record highs and then threatening default. This is about geopolitical chaos running through the oil rich Middle East and North Africa. This may be about the end of times... or at least the good times.

The gold standard seems to suit Standard & Poor’s (NYSE: MHP) and Moody’s (NYSE: MCO) just fine, with Tuesday’s downgrade of Ireland’s sovereign rating to junk, a move that followed the recent cutting of Portugal. It’s like the rating agencies find a new neck to slit each evening. Wednesday night Moody’s even dared to put the United States on ratings watch, warning that it is becoming more likely that the U.S. could suffer a short-term default on its debt payments.

But, in fact, all that glitters is not just gold. Silver was up near 7% Wednesday as well. Whatever hard asset we price in fiat currency is going to be worth more as those currencies disintegrate. Perhaps the biblical prophecy of loaves of bread going for a year’s salary is not so far off. In parts of Africa it’s already true, and the price of sugar helped to fuel the riots in Tunisia that toppled the government.

So I suppose you’re wondering what The Greek suggests to do in the near-term with regard to gold. I think you’ll be surprised with the answer. While I’m not sure what the Bilderbergers want over the long-term, and while I think traders would like to ride gold over $1600, I also believe Friday’s stress test results from Europe will be mostly good, if not adequate enough to support the euro. I think Wednesday evening’s warning from Moody’s, the shot across the bow, should be enough to cause a good number of Congressmen to crap their pants and raise the debt ceiling. In other words, I’m looking for gold to backtrack before too long, so even though I can feel the end of good times coming, I still say take your profits in gold before Friday, yet perhaps after we hurdle $1600 Thursday.



Article should interest investors in precious metals stocks: Goldcorp (NYSE: GG), Agnico-Eagle Mines (NYSE: AEM), Allied Nevada Gold (AMEX: ANV), AngloGold Ashanti (NYSE: AU), AuRico Gold (NYSE: AUQ), Aurizon Mines (AMEX: AZK), Barrick Gold (NYSE: ABX), Brigus Gold (AMEX: BRD), Charles & Covard (Nasdaq: CTHR), Claude Resources (AMEX: CGR), Commerce Group (OTC: CGCO.PK), Compania Mina Buenaventura S.A. (NYSE: BVN), DRDGOLD (Nasdaq: DROOY), Eldorado Gold (NYSE: EGO), Entrée Gold (AMEX: EGI), Exeter Resource (AMEX: XRA), Gold Fields (NYSE: GFI), Gold Reserve (AMEX: GRZ), Gold Resource (Nasdaq: GORO), Golden Eagle Int’l (OTC: MYNG.PK), Golden Star Resources (AMEX: GSS), Great Basin Gold (AMEX: GBG), Harmony Gold (NYSE: HMY), IAMGOLD (NYSE: IAG), International Tower Hill Mines (AMEX: THM), Jaguar Mining (NYSE: JAG), Keegan Resources (AMEX: KGN), Kimber Resources (AMEX: KBX), Kingold Jewelry (Nasdaq: KGJI), Kinross Gold (NYSE: KGC), Midway Gold (AMEX: MDW), Minco Gold (AMEX: MGH), Nevsun Resources (AMEX: NSU), New Jersey Mining (OTC: NJMC.PK), Newmont Mining (NYSE: NEM), North Bay Resources (OTC: NBRI.OB), Northgate Minerals (AMEX: NXG), NovaGold Resources (AMEX: NG), Richmont Mines (AMEX: RIC), Royal Gold (Nasdaq: RGLD), Rubicon Minerals (AMEX: RBY), Seabridge Gold (AMEX: SA), Solitario Exploration and Royalty (AMEX: XPL), Tanzanian Royalty Exploration (AMEX: TRE), Thunder Mountain Gold (OTC: THMG.OB), U.S. Gold (NYSE: UXG), Vista Gold (AMEX: VGZ), Wits Basin Precious Metals (OTC: WITM.PK), Yamana Gold (NYSE: AUY), Coeur d’Alene Mines (NYSE: CDE), Endeavour Silver (NYSE: EXK), Hecla Mining (NYSE: HL), Mag Silver (AMEX: MVG), Mines Management (AMEX: MGN), Silver Standard Resources (Nasdaq: SSRI), Silver Wheaton (NYSE: SLW), SPDR Gold Trust (NYSEArca: GLD), Market Vectors Gold Miners ETF (NYSEArca: GDX), iShares Silver Trust (NYSEArca: SLV), ProShares Ultra Silver (NYSEArca: AGQ), ProShares Ultra Short Silver (NYSEArca: ZSL), Great Panther Silver (AMEX: GPL), Silvercorp Metals (NYSE: SVM), Paramount Gold and Silver (AMEX: PZG), Pan American Silver (Nasdaq: PAAS) and First Majestic Silver (NYSE: AG).

Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.