Plunger Blog | Talkmarkets | Page 1
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 ... more

All Contributions

Latest Posts
1 to 12 of 12 Posts
Bond Bull Over Or The Start Of The Final Blow Off Top?
Over a Trillion dollars has been vaporized in the bond market in just one week. The phrase “blood bath” is an understatement as the widows and orphans have been routed. This isn’t supposed to happen in the the bond market.
Macro View: U S Bond Ready To Enter Melt Up Phase?
The 30 year bond bull market has reached it end and is about to implode.
Precious Metals Bull Phase 1: Final Impulse Dead Ahead
Everything is now aligned for the final upward impulse to complete Phase I of the great precious metals bull market. All the technical work is now done. It's time for short sellers to provide the fuel for the final surge powered by short covering.
Gold Stocks Ultimate Objective In A World Of Monetary Transition
The world’s monetary system is in a slow motion train wreck. Gold is emerging from the shadows to become the world’s premier currency once again, and gold stocks are the best proxy to capture this trend. How high could the precious metals stocks go?
Battle For The Matterhorn: Update
Gold has gone on to build out a complex double Cup & Handle pattern and encountered its first major resistance at the previous “Matterhorn” peak of $1309.
Mr. Cool Cucumber Is Starting To Sweat
I am still of the view that the gold price doesn’t go much further down from here. Maybe down to 1180 gold or 180 HUI. But before that, I first think we are due for a bounce here.
Gold Bull-Phase I Continues To Confound (The Trek To “Known Values”)
The market is now ripe with sold out bulls waiting for lower entry points. These are PM investors who have sold out, on the advice of their mentors, because a correction is imminent. Some have even entered short positions.
The Battle For The Matterhorn - Skirmish Lines Drawn
Gold is not doing what it has done for no reason. The tables have been turned.
E Spock Home-Run : Anfield Nickle
Anfield Nickel is a base metal exploration company that just sold all of its base metal assets for $43 million to be paid out over the next 3 years.
Precious Metals Correction : The “Gentleman’s” Entry ?
A correction in the PM stocks seems wanted now more than I have ever witnessed, so I suspect this weeks weakness is simply normal breathing action of the market...
The Precious Metals “Correction” : Now What ?
This sell-off in the precious metals stocks over the past 3 days has created quite a stir among PM investors. Is it the hoped for opportunity which will allow late, sidelined investors who missed the rally a way to get into this market?
The Three Phases Of A Bull Market
The 5 year precious metals bear market appears to be over. We won't know for certain until the current rally ends and we undergo a secondary reaction followed by a renewed uptrend. But it's time to turn our sights towards the upcoming bull market.
1 to 12 of 12 Posts