Investment Strategist
Contributor's Links: GoldTent.com

My name is Burt Coons.

My Pen name "Plunger" is a spoof based on a quote from P.J. O’Rourke, an American political satirist and journalist.

“Giving assets to a stock market plunger is like giving beer and car keys to teenage boys."

A ... more

ALL CONTRIBUTIONS

The Coming Global Liquidity Crisis…The Kick Off Of The Post Bubble Contraction
We have seen how the PBC has now begun and is making itself felt around the world starting at the periphery of the global economy, next moving to the senior markets of the world and eventually being transmitted to the core of the financial system.
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Weekend Report - Pay Attention Moment - Time To Wake Up From Your Summer Slumber
The economies of the world are at an inflection point. Enough data points have now presented themselves to be able to see the outlines of a major shift in the markets of the world.
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Is It 1937 Again?
After Friday’s smashing in the commodities and precious metals market many investors are now rattled and may have bailed from the sector already.
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Complacency Reigns Supreme
The largest financial bubble in history is concluding and one should prepare his bomb shelter and know how to protect oneself.
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It’s Time To Get Serious About Silver
If the VIX stayed elevated expect more trouble for the stock market, it dropped below 20 then we could expect the market to have a decent rally or even recover its losses of the past 10 days.
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Oil Trade And QQQ Update
With the hard sell off in the oil market of this week this would seem a logical place to give it a rest and for a short seller to step over to the sidelines for a while.
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Comments

Latest Comments
Correction Over, Gold & Gold Stocks Eyeing New Highs
2 years ago

As you correctly point out gold could have corrected to $1280. Since it didn't we again find ourselves with lots of wannabe gold holders on the sidelines. They are now set-up to chase the rally.

In this article: , GDX, GDXJ, GLD
Bull Markets That Follow Epic Bears
2 years ago

Very good observations. Your approach and findings are consistent with what I have proposed from a different method. I have seen this as a Phase I of a new bull and in that phase stocks return to "known Values" which I have suggested are around HUI 350, where the point of recognition was in both the preceding bull and bear markets. Also like the bull of 1982 in the general stock market stocks took off and didn't correct for 17 months.

In this article: GDX, GLD, HUI
Complacency Over Coal's Collapse: Factors To Consider
2 years ago

Tons of data here, enjoyed the article, I wish there was a more conclusive strategy presented going forward.

As for myself, if we increase the tax on coal we must certainly penalize the more damaging methane by installing the "Fart Tax"

In this article: KOL
GDX Put-Call Chart
2 years ago

It would help me to understand the meaning of the chart if I could get further interpretation. Just thought it was too abbreviated

In this article: GDX
GDX Put-Call Chart
2 years ago

Need some more analysis

In this article: GDX
The Three Phases Of A Bull Market
2 years ago

Its possible, but remember gold is not a commodity, its not consumed

In this article: HUI, USO
The Three Phases Of A Bull Market
2 years ago

General stock market- apparent bear

Precious metals- likely bull

In this article: HUI, USO
Oil: $55 - $60 Here We Come
2 years ago

I have been "all in" in the PM sector since early FEB. Regarding oil I am somewhat neutral, but on sidelines. I don't think bear market is over yet is my analysis, but not interested in playing downside since upside PMs is the place to be right now.

In this video: OILB, USO
Oil: $55 - $60 Here We Come
2 years ago

Like you know how I am positioned?

In this video: OILB, USO
Oil: $55 - $60 Here We Come
2 years ago

Wow, does Gary realize his tone of voice is extremely condescending to those on the other side of the trade?

In this video: OILB, USO
1 to 10 of 10 comments

STOCKS I FOLLOW

ATUSF ALTIUS MINERALS CORP
DAL Delta Air Lines Inc.
GDX Market Vectors Gold Miners ETF
MUX McEwen Mining Inc
MVG Mag Silver Corp
SAND Sandstorm Gold Ltd.
SLV iShares Silver Trust
SLW Silver Wheaton Corp.

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