Michael Kosares

 

Michael J. Kosares has over 40 years’ experience in the gold business. He is the founder and executive director of USAGOLD (both the website and gold brokerage service), the author of three books on the gold market, and the editor of "News, Commentary & Analysis," the firm's client letter. He has written numerous magazine and internet essays and is well-known for his ongoing commentary on the gold market and its economic, political and financial underpinnings. Visit his website at www.usagold.com.

Articles by Michael Kosares

“Douglas Borthwick, managing director of Chapdelaine Foreign Exchange, argued in a note earlier this month that an incoming Trump administration, by throwing out the strong dollar policy, could use the currency as a linchpin in...
In years to come," says Deutsche Bank's Jim Reid, "markets may well look back at the month just passed as one of the most pivotal in recent memory." The natural follow-up question might be "What exactly are we pivoting to?" Opinions abound...
Most of gold’s downside is geared not to the financial decisions of millions of investors around the globe, as the mainstream media would have you believe, but rather to linear computer algorithms geared to the dollar index. The trading...
Gold is not just an inert metal, it is also an indifferent metal. It doesn’t care who wins the election. It is apolitical. One might even call it politically agnostic. In the end, it will respond to the macro-economic situation globally as...
We do not often find ourselves jogging the same track as the redoubtable Dennis Gartman who commands untold premiums for his advice, but now, it seems, he is verifying our suspicion of two days ago (Please see “Gold’s waterfall drop might...
We should not be surprised that the long-standing troubles at Deutsche Bank would appear to be coming to a head now. For global financial centers, October is often the cruelest month – a time when stock markets and whole economies have...
We are now wrapping up one of the stronger summers in memory at USAGOLD. Moreover, we are now heading into the strongest time of year seasonally for gold and silver – i.e. September through February. Normally the summer months are the...
One in six investors chose gold as the best place to park money they wouldn't need for more than ten years – the same number that chose stocks, according to a recent Bankrate survey. Another 6% chose bonds, while 25% chose real estate, and...
In the World Gold Council's Gold Investor magazine, Jiao Jinpu, Chairman of the Shanghai Gold Exchange, reports that "In its first month, the Shanghai Gold Benchmark Price’s trading volume was 105.91 metric tons of gold kilo bars,...
In The End of Alchemy, Mervyn King, the former head of the Bank of England, writes about central banks’ frustration in dealing with the stagnant global economy. “Central banks,” he says, “have thrown everything at their economies, and yet...

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