As we glide through these (one might say "hardly") "...lazy hazy crazy days of summer..." --(Nat King Cole, 1963), indeed now just a week ahead of those dog days of August, ours is titled as a dual-subject missive this time 'round. As regards Gold's summer support...
Gold Editorials & Commentary
July 24, 2016
July 23, 2016
All is not so well within the elite’s New World Order. Their tried and true template of Problem-Reaction-Solution is in full gear as chaos reigns throughout the globe, which is exactly how the globalists like to see events unfold.
Gold sector is on a new major buy signal. Cycle is now down. Investors can cost average in at the next cycle bottom.Silver is on a long-term buy signal. Short-term is on buy signal. However, silver is vulnerable to a multi-week correction which is long overdue.
Technical Analysis of The Markets Via Videos.
July 22, 2016
Here is an excerpt from a commentary posted at TSI last week. Not much has changed in the interim, so it remains applicable. The US Treasury Bond (T-Bond) entered a secular bullish trend in the early-1980s. As evidenced by the following chart, over the past 30 years...
The US financial system continues to disintegrate even though most Americans hardly notice. The system is being gutted from the inside out… much the same way a chronic disease weakens a patience even before any symptoms are felt. However, we are already...
Gold and silver prices ran out of momentum during the first week of July -- and have been drifting lower ever since. A deeper correction seems like a realistic expectation, but precious metals are showing strong signs of resiliency. Here are seven forces that should...
I was recently looking at the CNN money website where they post this Fear & Greed Index. It caught my attention, because many other aspects of the market are now also showing signs an imminent correction in the stock market.
Five years after their 2011 highs, the prices of metals stocks, as well as the metals themselves, dropped to levels many never expected back in 2011. And, as the market dropped deeper and deeper into the abyss, most market participants lost interest in the complex...
July 21, 2016
There are quite a few bearish indications that suggest lower precious metals prices are just around the corner. Let’s take a look at a few of them
Stocks are on a tear right now… Today, the S&P500 hit a new all-time high. It topped 2,130 for the first time since May 2015. The benchmark index is now up 6.9% over the past two weeks. All good, right?
It is not only in the political world where we are witnessing traditional mores being broken. Ride-sharing Uber for example has challenged guidelines, city mandarins and monopolizing taxi cab companies around the world capitalizing on passengers fed up with poor...
As we went to press, the futures were within four ticks of the 1312.10 retracement target sent out to subscribers Tuesday night. Will this minor Hidden Pivot support hold? Even if it does, we’d still need to see a rally surpassing last Friday’s 1339.60 peak before...
Where have I been? I admit I was cowering like the spineless little weasel that I am…in the Mogambo Secret Temporary Bunker (MSTB), which I cleverly constructed in the living room using an overturned couch and some strategically-placed cushions.
The earliest signs are developing of hyperinflation, more correctly described as a collapse of the purchasing power of all the major government currencies. Central bankers are almost certainly unaware of this danger, partly because their chosen statistics fail to...
As the metals market dropped today, I am quite certain the evil manipulators have become the talk of the town once again. No one speaks of them when we are rising, because that is how the market is supposed to move (cough, cough). But, now that we have dropped, it...
The charts below show the stock market going higher into July 29th while GDX goes lower. A few months back I said that I thought the SPX would make new highs ahead…and we are there. My original thought was, it would go higher into early October. The power of the...
For an example of how far we've fallen from the old days of free-range First World entitlement, consider the fact that investment analysts are now judging companies by how well they cater to the needs of the terrified:
July 20, 2016
“Money supply is one of the most basic parameters in an economy and measures the abundance or scarcity of money. Stock prices tend to move higher when the money supply in an economy is high. Plenty of money circulating in the economy both makes more money available...
Something BIG happened in the gold market this year -- and very few investors understand the significance. While precious metal analysts debate whether the huge gold rally since the beginning of the year is sustainable, I am beginning to wonder if certain...
One of America’s most prominent hedge fund managers is betting the farm that China’s economic troubles are far from over. His bet centers around the US dollar and by extension several Asian currencies. What happens to the dollar from here will determine whether...
July 19, 2016
“Perp Bond Thunder” is the new gold price driver in play. Moreover, it has the potential to influence major markets for many years into the future.
We deviated from the usual format of widespread, in-depth coverage of US and global markets, precious metals and commodities in order to focus on two main themes. One was a view of building short-term risks in the gold market [possibly pending new rally highs] -...
Gold has consolidated near the low of the past two weeks following on from its Brexit rally. Having increased by 25% since the beginning of the year, the pause in its rally comes as Barnabas Gan, an economist at Singapore-based Oversea-Chinese Banking Corp observes...
July 18, 2016
The best performing precious metal for the week was palladium, up 4.89 percent. Wage negotiations started this week in South Africa with opening demands including a 15 percent hike for the highest paid employees -- and a 47 percent hike for the lowest paid. With the...
Confidence is slippery, even when you are a metals investor sitting atop the best performing assets of 2016. It doesn’t help when four years of a miserable bear market remains fresh in our memories. Any weakness in prices and it can feel like markets are getting...
There are many ways to gain exposure to movements in the price of gold. The most traditional and conservative method is buying bullion (bars or coins). Investors can also buy gold futures at Comex or shares in gold exchange-traded funds. There are dozens of other...
While CNBC and other perma-bulls claim that the stock market is a great investment today, the smart money is already prepping for a disaster. Goldman Sachs has told its clients to “sell at the new high.” Credit Suisse just told its clients stocks “haven’t looked...
Financial Market Strategists are advising their clients to “buy gold on dips”. “Gold has seen four major bull markets since 1970: this is another one,” Benjamin Wong, foreign exchange strategist at the Singapore-based bank’s Chief Investment Office, said in an e-...
Are you ready for the next leg of deflation? Where the real pain will be felt (mainly) because the collapse of commodities and oil, in particular, will be accompanied by the collapse of the US stock market.
