Financial Sense Newshour on Metals

In this segment Jim looks at the catalyst for global QE. He also continues with Part Two of "Keeping the Faith" and talks about when to sell, when to hedge, and what to do now with gold stocks. Jim also answers more of your Q-Calls.

Ned Schmidt CFA, Publisher of The Value View Gold Report joins Jim this week to discuss the gold market. He sees the long term bull market still intact, but short-term weakness and volatility this summer. Ned believes you should calmly begin to identify what you want to own, and before the end of the summer, pull the trigger. In addition, when Jim Cramer says it’s time to dump gold, that’s the signal to start buying.

In this segment, Jim looks at the emotional toll of holding gold stocks in a difficult market, and why you should keep the faith. Jim also has this week’s Market Bill of Health and takes more of your Q-Calls.

A reserve currency can only function as such if there is a general consensus that it provides a stable store of value. Without this trust, money, no matter what form it takes, will be abandoned—either suddenly in a crisis, or gradually over time—in favor of something else. "The Golden Revolution" looks at how the world is rapidly moving toward some form of global metallic standard, in which money, at least in official, international transactions, is linked directly to gold, silver, or both.

In this section, Jim’s Big Picture topics include an in-depth analysis of  "the Debt Super Cycle−the End Game−the Return to a Global Gold Standard" as well as this week’s "Market Bill of Health." In addition, Jim answers some of your Q-Calls this segment.

Jim welcomes David Gurwitz, Managing Director of Charles Nenner Research. David currently sees the markets trading sideways with no signals to go short. He also notes silver cycles have bottomed and gold cycles are close to bottoming. Higher metals prices are still needed for a buy signal. In addition, Ryan Puplava checks in with his Market Update, and Rob Bernard with the Fixed Income Report.

CPM Group's Gold Yearbook 2012 is the most comprehensive source of information, statistics, and analysis on the international gold market. The report begins with a thorough review of gold market trends and fundamentals. It continues by assessing the impact of economic and financial market trends on the gold market. The Yearbook concludes with an in-depth analysis of each gold market segment, including mine production, secondary recovery, bullion and futures market activity, central bank holdings and transactions, fabrication demand, investment demand, prices, and other important aspects of the gold market.

Jim welcomes back Dr. Marc Faber of the Gloom, Boom & Doom Report this week. Dr. Faber believes shorting the markets can be a risky proposition when the global central banks will print money at the drop of a hat. He believes it is very important to stay diversified in this environment. Dr. Faber recommends dividend-paying stocks, gold, emerging market stocks and real estate. (Transcript Included)

Ned Schmidt CFA, publisher of the Value View Gold Report, sees gold going through a normal corrective phase. He advises investors to just relax and build some cash. Ned believes the year-over-year comparisons for the gold companies will be poor, which will lead to better buying opportunities in the summer.