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Gold Editorials & Commentary

August 16, 2016

The US dollar is coming under severe pressure vis-a-vis the Japanese yen this morning. That’s good news for gold.

Some asset classes in normal times are expensive while others are cheap, making it easy to use historical relationships to decide where to invest. That's not the case today. Every major asset category, including stocks, bonds and even precious metals are looking at...

Yesterday was the 45th anniversary of that fateful day when the last vestiges of any kind of gold standard for our currency were cut by President Nixon. Today's program will take a look at gold 45 years later…with special guest Parker Vogt of Camino Coin.

The picture is clear: The Powers-That-Be in Wall Street and Washington, the “Deep State,” military contractors, Big Pharma, Big Ag, The Federal Reserve, Mainstream Media, the DNC and RNC and others want to maintain the transfer game…because the following will...

Gold in UK pounds neared its post-Brexit high overnight as sterling fell sharply on currency markets due to concerns about rising inflation as shown in data today and the outlook for the UK economy.

Last Friday marked one week since the start of the Rio de Janeiro Olympics, and it’s been nothing short of amazing. Michael Phelps, whose name should forevermore be synonymous with the Olympics, won his 22nd overall gold medal. He also was awarded his 13th...

August 15, 2016

Our Federal Reserve is composed of labor market economists who place their faith in the theory that inflation is spawned from too many people working. They believe there is a trade-off between employment and prices, where price stability and full employment cannot...

An increase in the amount of gold bullion held by GLD (the SPDR Gold Shares) and other bullion ETFs does not cause the gold price to rise. The cause-effect works the other way around and in any case the amount of gold that moves in/out of the ETFs is always trivial...

The best performing precious metal for the week was gold, holding with a one basis point drop. According to the World Gold Council, global gold demand in the second quarter increased 15 percent due to a 141 percent rise in investment demand. The Royal Mint also...

We have already figured out that, faced with the choice between doing “helicopter money” and allowing a deflationary implosion to occur, those in power will elect the former. The reason is because it buys them more time by keeping the system limping along for longer...

The prices of the metals didn’t change much last week. We thought we would take this opportunity to quote Warren Buffet. His comment at Harvard in 1998 earns him the despite of the gold community.

In spite of the historic sideways price action we have seen the past month, the past two and three-quarters years have been one of the most volatile stock market periods in history!

August 14, 2016

Gold closed the week very slightly lower. However, there are indications that more downside may be ahead. For now this downside is not seen as serious - and new highs may be expected after the short slide is over. However, surprises happen, so one must keep his...

After 15 years of “each day worse than the next” market manipulation – much of which, is done overtly – the thing that amazes me most is how few people care. Sure, hundreds of millions of Americans – and billions of foreigners – have neither the resources,...

As the precious metals prices surged this year, so did US petroleum inventories. While rising gold and silver prices are a positive sign for the precious metals industry, the surging US petroleum inventories are extremely negative. However, the prices of the...

On Thursday of this week, the Dow Jones made a new all-time high, its eighth since July 12th. Looking at the Dow Jones with its 52Wk High and Low lines below, we see its 52Wk High Line (Green plot) has been pushed above 18,500.

A week ago we presented a graphic depiction of Gold falling $19/oz. in four seconds. Yesterday (Friday) Gold gained $7/oz. in one second, the instantaneous move from 1348 to 1355 in turn gutting the glutinous glorification of the stock market, arguably ruining pre-...

August 13, 2016

It is the dog days of summer. The metals are trading below their recent highs, while the miners continue to be on the cusp of their next leg higher. In any event we remain bullish as we expect the next big move to be higher not lower. One reason among many is that...

Year after year after year the Military Industrial Complex [MIC], economic war and massive amounts of newly created debt have the common purpose of protecting the Federal Reserve fiat Ponzi scheme to preserve the failing dollar as the world’s reserve currency....

Gold sector is on a new major buy signal. Cycle is now down. Investors stay patient and wait for a correction, then cost average in at the next cycle bottom. Silver is on a long-term buy signal. Short-term is on sell signal. Silver is vulnerable to a multi-week...

August 12, 2016

If the Economy were a car, productivity would be the engine. Heated seats, on-demand 4-wheel drive and light-sensitive tinted windshields, are all very nice. But they mean little if the engine doesn't turn and the car just sits in the driveway. The latest...

Technical Analysis of The Markets Via Videos.

Gold stocks’ new bull market this year has already proven breathtaking. This obscure sector has nearly tripled within a matter of months, yielding immense profits for the smart contrarians who bought in low. But after such a blistering surge, what’s going to fuel...

Every child knows Olympic gold medals are for first place, silver for second and bronze for third. But where does this tradition come from? Like most everything else relating to the Olympics, we can trace the tradition back to the ancient Greeks, who assigned metals...

It is summer slack season with no FOMC meeting in August…and so into the void go our friends in the mainstream media (MSM) with all sorts of noise to distract investors. Here’s one that was anticipated.

Gold buying surged to record levels in H1, 2016 due to increasing concerns about the political, economic and monetary outlook. In particular, there are deepening concerns about the negative interest rate money “madness” of central banks today.

August 11, 2016

Gold and gold miners are finally having a huge rebound after five years of a brutal bear market. Moreover, we are having a spectacular year so far. Recently gold and silver are shaking off the potential summer weakness. We have been seeing very weak physical demand...

One of my regular readers has raised the important subject of Say’s Law, the denial of which both Keynesian and modern monetarists are emphatic. They need this fundamental axiom to be untrue to justify state stimulation of aggregate demand. Either Say’s Law is right...

The ABC pattern shown is ugly enough to be useful, especially since it has already gifted us with a ‘counterintuitive’ buy signal at the green line that could have been worth as much as $900 per contract if traded. All of the ‘external’ peaks on the hourly chart...

Gold investment demand surged to a record in the first half of 2016. It overtook the previous high seen during the 2009 financial crisis on a “perfect storm” -- according to the ‘Gold Demand Trends Q2 2016’ report which was released by the World Gold Council today...

Gold IRA eBook

Due primarily to the California Gold Rush, San Francisco’s population exploded from 1,000 to 100,000 in only two years.

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