---
title: "Goldbugs!"
url: https://independentstockanalysis.com/goldbugs-6/
description: "Gigantic pennant: JSmineset . An inverse head and shoulders breakout from Porter Stansberry . Official breakout via Jeff Clark . European weakness ( Sober…"
published: 2012-05-24
updated: 2012-05-24
---

# Goldbugs!

Published 2012-05-24

Posted on

by

J.J. Butler

Gigantic pennant: [JSmineset](http://www.jsmineset.com/wp-content/uploads/2012/05/clip_image00225.jpg). An inverse head and shoulders breakout from [Porter Stansberry](http://www.jsmineset.com/wp-content/uploads/2012/05/clip_image00252.jpg). Official breakout via [Jeff Clark](http://www.growthstockwire.com/3064/Gold-Stocks-Have-Officially-Broken-Out).

European weakness ([Sober Look](http://soberlook.com/2012/05/its-just-matter-of-time-before.html)) will begat money printing. Easing options from [Zerohedge](http://www.zerohedge.com/news/welcome-chez-central-planner-presenting-complete-fedecb-response-menu). But will policy makers put water in the sink faster than it is draining?

The relationship between gold lease rates and gold price from [Sober Look](http://soberlook.com/2012/05/relationship-between-gold-lease-rates.html).

Don Coxe from a King World News [audio interview](http://kingworldnews.com/kingworldnews/Broadcast/Entries/2012/5/23_Donald_Coxe.html). Listening to a great big picture thinker like Coxe on a weekly basis can become stale, however, this interview has some great stuff. Remember Coxe is not a classic goldbug.

It’s been five hours since pulling up to my desk, and I still am miffed by the idea Greece leaving the Euro became acceptable by both investment banks and the financial press **today**. Not gradually. Today. [Bloomberg](http://www.bloomberg.com/news/2012-05-24/greek-euro-exit-manageable-for-markets-bdb-german-banks-say.html)

Is now the time to rent gold miners?