The world’s greatest asset is on sale. In China, India, and the Western gold community, shoppers are happily placing small amounts of “golden groceries” into their shopping carts each week, and enjoying the price sale.
Gold Editorials & Commentary
July 17, 2018
The first gold ETF was launched in 2003. Since then, ETFs have revolutionized the gold market. How? And, by the way, what is the relationship between gold and climate change?
The markets are in serious trouble as the extreme oil price volatility continues to devastate the global economy. Investors and analysts today are totally clueless because they have become the frogs burnt to a crisp in the frying pan. Over the past several decades...
– Global debt time bomb surges to nearly a ‘Quarter Quadrillion’ ($250T). – “The $247 trillion global debt bomb” Washington Post warn.
July 16, 2018
The market went according to expectations and projections in the second week of July after the first week's huge bull reversal week. The bulls were able to retain their bull train momentum from the prior week and managed to do a decent job on the standard...
For those that follow me regularly, you will know that I have been tracking a set-up for the SPDR Gold Trust ETF (NYSEARCA: GLD), which I analyze as a proxy for the gold market. I also believe that gold can outperform the general equity market once we confirm a long...
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. We are at a pay attention moment. There comes a time when a successful investor...
In looking at the charts for Gold, Silver and Mining Stocks, it is clear that patterns and wave mappings suggest a bottom is fast approaching, and the start of a major new Bull Market is next. This comes at the same time that sentiment is at extreme pessimism, the...
In part I The Great Reset , we said that a reset is a terrible thing. The closest example is the fall of Rome in 476AD, in which more than 90% of the population of the city fled or died. No one should wish for this to happen, but we are unfortunate to live under a...
Gold speculators increased both long and short positions on the week with minimal positional change. Gold producers & merchants cut both long and short positions which suggests gold is being driven by speculators and true physical market activity is low.
– Trump, Russia and Brexit and resulting impact on gold and silver coin and bar demand. – Global demand for gold and silver is mixed but overall sentiment is poor and depressed. – U.S. bullion demand fell, UK demand lackluster despite Brexit, German demand is strong...
July 15, 2018
Large precious metals speculators slightly raised their bullish net positions in the Gold futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.
What a week I’ve had. Barron’s ceased its internet publication of much of its market data. They still do some in a digital format, but after I called them on Monday morning the really good stuff like the Dow Jones Total Market Groups,
If Elvis truly has left the building, can someone please go out and get him? For if he can croon his tune that "It's now or never ... Tomorrow will be too late"for Gold to recover in two-oh-one-eight, buyers might be inspired. Indeed at present, our forecast high...
July 14, 2018
Gold sector is on major buy signal since early 2016. Major signals can last for months and years and are more suitable for long-term investors. Our ratio between gold and gold stocks has broken out to a multi-month high and is currently pulling back.
You have better things to do than read droning macro analysis or long, drawn out investment theses. It is a weekend in the dead of summer and for that reason we go easy this week; real easy.
Here is my chart of the day summary covering markets, technicals, sectors and stocks I am interested in. You can find these on Linkedin too, so please connect with me there for daily content updates. You can click on each chart title below for more information.
July 13, 2018
The gold miners’ stocks have been drifting sideways to lower like usual in their summer doldrums. They are likely near their major seasonal lows ahead of a strong autumn rally, a great buying opportunity. Gold rebounding higher will be the primary driver fueling the...
Here are today's videos and charts
The United States has three requirements in returning to the Gold Standard. They will be extremely difficult to achieve. They each serve as essential requirements in a criterion. All three are urgently needed.
Financial experts continue to state that the markets are going to crash, even though their record since this bull market started back in 2009 has been dismal to the say the least. To complicate matters, some of these same experts suddenly jump ship and start to...
July 12, 2018
The U.S. unemployment rate rose in June. But this is good for the economy. What? Good? How is that?
Today, we have a very special guest joining us to discuss the natural resource space and your portfolio, the legendary investor, philosopher, bestselling author and serially successful Doug Casey.
It has been a tough spring and summer for precious metals. Gold failed to breakout when it had the chance and it closed the second quarter in ominous and weak fashion. It was the lowest monthly close in more than a year. Silver has performed better but only because...
July 11, 2018
The World Cup is worth at today’s gold prices a measly £140,000 (around $186,200 or €160,000) which interestingly enough is 30% less than England’s soccer star Harry Kane who is paid £200,000 in wages every single week.
In yesterday's analysis, we discussed how meaningful gold and silver's pre-market decline was given a relatively small move in the USD Index. The implications were quite bearish for the PM market, especially that we had just seen a target being reached in gold...
August futures set up such an appealing buying opportunity for bulls Monday that several subscribers jumped on it when a timely ‘mechanical’ entry strategy was posted in the chat room. Alas, anyone who got long toward the end of the day watched the trade sink...
Is the US Government hiding a massive gold deposit in the Chocolate Mountains in California? Well, according to a few top-notch conspiracy theorists, the U.S. Congress passed the Desert Wilderness Protection Act that has cordoned off this vast gold discovery from...
I think it is a time to become defensive with your investment portfolio, since equity markets are likely to experience at least a +30% drop between now and October 2019. i.e. It is better to make a little less in the next 15 months than to lose 30%+ of your...
July 10, 2018
Sometimes details obscure the bigger picture. The following graphs do not show most of the details and “noise.” These log-scale graphs show one bar every four years (plus April 2018) based on official debt on July 1st, or the average of monthly closes every fourth...
