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Gold Editorials & Commentary

May 4, 2018

The cost to the US government of borrowing money for a decade came within sniffing distance of 3% yesterday.

Our recent analysis of the US Dollar has presented a very unique and interesting setup for traders – an opportunity for a general commodity rally with Oil leading the way.

May 3, 2018

I wanted to take a moment to alert everyone to a price cycle setup that may turn out to be one of the most dramatic price moves we've seen since 2008. The metals markets have recently made some news by breaking to new recent price highs. This price move prompted a...

The Global Currency RESET has 100 steps and the first 10-12 appear complete. This is not a fantasy, but very real and in progress. Its progress is not very visible to most observers. Some important steps are seeing tremendous progress, but they are executed in the...

Apparently there’s gold in them there trash cans!! At least in South Korea. It seems a janitor was doing his daily routing when he lifted an unusually heavy bin of refuse. Upon further investigation, the janitor who wishes to remain anonymous (can’t blame him!!),...

Since roughly the middle of January of this year we’ve seen some big changes in character taking place in many different areas of the markets. After nearly two years of low volatility, which is much easier to take, volatility has come back with a vengeance and doesn...

For me, the greatest asset my dog Fido, a German Rottweiler and French Poodle mix, is his uncanny ability to sense when the gold and silver markets are going to turn. Whenever gold runs into its generally accepted waves of interventionalist price "management" (...

Gold demand globally -7% in Q1, 2018 – Gold Demand Trends (WGC). – Gold ETF demand fell sharply year on year from very high levels but had 5th consecutive quarter of inflows. – Investment demand was strong in the US where ETF holdings rose another 32.4 tonnes as “...

May 2, 2018

If you’re reading this, you must have pondered why the gold price has been dropping. All the macro conditions should be pushing the gold price higher. International risks and the very real prospect of trade wars between the U.S. and its closest allies—as well as the...

On the holodeck the markets are telling us something…but we know not what. "John Locke, the British philosopher whose ideas fueled the American Revolution, had a theory of knowledge and perception, which I always found annoying. Asked if we have an idea of the...

It appears we are seeing another sign of the frequency shift. Over the past few weeks we have been speaking more about this shift in terms of spirituality and and community, but today we see it manifesting in a whole other area.

I have tried to explain this concept many times before but never had a chart to do it with.  Please note the start date of the chart is 1971, this is not by any coincidence as that was the year the U.S. dollar became fully fiat and backed by nothing but "faith".

As some of you may know me by now, I run a trading room with over 3500 traders, have over 450 money manager clients, have over 23,000 followers on Seeking Alpha, and have the 6th largest service out of the 169 that are offered in the Seeking Alpha Marketplace (even...

Some big investors see warning signs ahead for markets but are holding their positions. Egyptian billionaire Naguib Sawiris is taking action: He’s put half of his $5.7 billion net worth into gold.

May 1, 2018

Much has been written in many places about the long-term suppression of the price of gold that had probably been going on with no interruption since the time of the London Gold Pool in the 1960s except, perhaps, with a break after the dollar was taken off the gold...

A time-tested mantra for the US stock market is, “Sell in May and go away.” The depth of a stock market sell-off that begins in May depends on where the United States economy sits in the business cycle. In the early stages of the cycle, sell-offs that begin in May...

Alchemists are precious metals experts, aren’t they? So let’s see what we can learn from the latest issue of the Alchemist, the LBMA’s quarterly journal.

The problem with debt is the creditor expects to be repaid. Sovereign debt will be “rolled over,” never extinguished, and repaid with new debt. We delude ourselves and pretend total debt will increase forever (it can’t). That explains global debt exceeding $230...

To start off, I find it astounding that of all the ways that dictionaries might cite the usage of the word “shenanigans”, they elected to discuss it in its context to the financial industry and how shenanigans have “ruined the fortunes of many”. To wit, as we move...

Sales of U.S. Mint American Eagle gold coins dropped to their weakest April since 2007, while silver coin purchases for the month rose 10 percent higher than last year, U.S. government data showed on Monday.

April 30, 2018

The best performing metal this week was gold, down 0.92 percent.  This week was fairly negative for gold as the dollar held strong and the 10-year Treasury yield reached its highest since 2014 to 3 percent. A new use of blockchain technology will allow jewelers to...

As the market continues to whipsaw market participants, it has certainly left many of you scratching your head.

With gold testing its 200 day moving average this morning I thought I’d reproduce the first part of the precious metals segment from week’s Notes From the Rabbit Hole (NFTRH 497), including a daily chart of gold at the end showing the anticipated SMA 200 test.

A reader asked us this week about the personal savings rate. Most people can sense that something is wrong if the rate is in a long-term falling trend, or if it falls too low (whatever level that may be). We argue that falling savings is part of the larger process...

The USD Index is one of the main drivers of the gold price and it’s quite obvious – no asset can move independently from the currency that it’s priced in. If gold’s value (compared to the value of other things) doesn’t change, then if the value of the USD declines,...

When it comes to what happens during the next major market correction-crash, we can count on that “this time will be different” for the gold and silver prices.  While many precious metals investors believe that gold and silver will crash along with the broader...

Economists have been struggling to explain how unemployment can fall to 4% without wages starting to accelerate. The following chart shows paychecks rising at about the rate of inflation over the past five years, which means the average worker’s earnings don’t buy...

Gold continues to build towards a breakout from a major base pattern, a giant Head-and-Shoulders bottom that we can see to advantage on its latest 10-year chart below. At present it is battling the headwinds of a dollar rally, but a dollar rally won’t stop it,...

In this article, we are going to explain and show you an interesting pattern that has been slowly forming over the past year in the precious metals sector. This pattern along with our analysis point to a significant rally to start in the next 4 months for gold,...

April 29, 2018

Not exactly the most cheery way to transit toward the month of May. For as we look above at Gold's comparative weekly tracks -- 2018 in gold, 2017 in White and 2016 in Grey -- the past years' like weeks have brought dismay into May. Not that seasonality has to...

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