"The Commitments of Traders numbers are more favorable for gold than they have been for 14 years, going all the way back to 2001. Silver is not quite as positive but still positive. We are perfectly positioned for a bull phase even if you believe gold and silver are in some kind of permanent bear market."
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A former pilot in the US Marines – and the first pilot to fly between the pillars of the Eiffel Tower – Bob Moriarty launched 321gold 10 years ago as a space to present and discuss his views on the natural resources sector. Later adding 321energy to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy, Bob and his wife Barbara continue to feature articles, editorial opinion, pricing and new updates on both sectors today.
See full archive of Bob Moriarty articles
Please Note: All articles published here are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it. Please review our Terms & Conditions for accessing Gold News, RSS links are shown there.