Are we better off with "QE", the ultra-accommodative monetary policy pursued by major central banks around the world? Is it "mission accomplished" or are we facing a "ticking time bomb"? Are extreme characterizations even warranted to describe the unconventional...
Gold Editorials & Commentary
June 14, 2016
If you’re a serious investor—and because you’re reading this, I have to assume that you are—gold is looking more and more like a crucial trade. Fewer than two weeks remain before United Kingdom voters decide on whether the country will continue to be a member of the...
George Soros has joined fellow billionaire investors Stan Druckenmiller and Ray Dalios on investing big in gold. Here following are the reasons behind these moves.
The long time successful investors like George Soros and Stan Druckenmiller are piling into gold and gold mining stocks. At the same time, there was news that Carl Icahn has dumped his high tech Apple stock. In this article, we will not discuss Soros’ reflectivity...
June 13, 2016
While CNBC and other media outlets continue to hype stocks and talk down gold, the precious metal is crushing virtually every US-based asset class. Year to date, gold is up over 20%, compared to nearly 5% for US Treasuries and a mere 2.55% for stocks.
The best performing precious metal for the week was silver with a strong lift of 5.57 percent. Silver holdings in exchange traded funds are edging toward a record high, sending the metal for its biggest weekly gain since April, reports Bloomberg. Silver buying also...
The Fort Knox Bullion Depository OFFICIALLY contains 147.3 million ounces of gold. Reality: The gold is listed on paper and in official pronouncements. However, it has also been officially pronounced that:
“If you like your health plan, you can keep it.”...
Gold in sterling has risen another 1.7% today due to deepening BREXIT jitters with just 10 days left until the referendum on June 23. The flight to gold and sell off in sterling came as Asian and European stock markets fell and European equities headed for their...
With the zirp, (zero interest rate policy) savings and bonds are not paying any significant interest. In Germany some bunds are paying negative interest rates. Few stocks are paying big dividends and most pay none at all. Everyone is trying to find a decent return...
According to my read, the stock market as measured by the S&P500 is about to enter roughly a 12% to 13% correction. A few weeks ago, I wrote about the dates July 5th and November 29th as being possible important cycle lows for the stock market this year.
June 12, 2016
That’s the AVERAGE gain for the 50 penny stocks in the Merv’s Penny Arcade Index (see below). If history is to repeat, then there is still another 300-500% gain ahead. One sign that speculators are comfortable with a bull market is their gravitation to the more...
Stocks showed strength, while I was away…but have hit resistance levels and are now moving lower. Whether this is just another normal move down to support areas or a major bear market kicking off, I do not know. Nonetheless, I’m looking for short positions now.
I haven’t published this Bear’s Eye View (BEV) chart for the Dow Jones since last February. Therefore, it’s time for a review. Here’s the frequency distribution for the below BEV series (left table) with a frequency distribution of the same data going back to 02...
You know what's really scary? When everything stops working. No, not when the world on balance grinds to a halt; rather when tried and true analytical signals become less reliable across our major markets mix to which we oft refer as BEGOS (Bond / Euro / Gold / Oil...
The War on Gold turned against the forces suppressing the gold price in 2000-2001 when their efforts caused gold mines to reduce production or close. Gold bulls then realised they had time on their side and could accumulate gold and of course silver as they would be...
Here is a draft of my study of where gold stock prices are headed over the next 10 years. I regard it as rather epic. You have seen gold bugs bloviate about pie in the sky numbers. However I am trying to do legit analysis to come up with a process, which justifies...
June 11, 2016
Gold sector is on a new major buy signal. Both COT data and the divergence in our cycle indicator suggest that we are at or near a major top. Silver is on a long-term buy signal. Short -term is on buy signal. COT data suggests lower prices overall.
June 10, 2016
Over the past two weeks gold stocks have surged more than 20% as the poor jobs report forced the bears to capitulate. That strong of a gold price move in a brief amount of time will naturally slow or correct. Furthermore, gold stocks touched resistance Friday...
This is a special preview of the KE Report Weekend Show. In this week's show, we feature Joe Mazumdar, partner with Brent Cook at Exploration Insights. Joe focuses on mid-cap exploration and production companies.
Technical Analysis of The Markets Via Videos.
Assuming gold continues to decouple as the dollar completes its final intermediate rally, we could see gold trend generally higher until fall. I would think a reasonable target by then to be be between 1450 and 1550.
Gold’s strong gains so far this year have been overwhelmingly fueled by one dominant driver, massive investment buying. After shunning prudent portfolio diversification with gold for years, investors are finally starting to reestablish those essential positions....
George Soros is again buying gold. After a six year hiatus from the gold market, he is also selling and going short stocks due to BREXIT and EU “collapse” risk.
For the following reasons it must be a gold bull market: Gold analysts (code for gold obsessives; analysts cover asset markets, including gold), who for years pumped people to be bullish, despite an obvious bear market, are now taken seriously again as they issue...
Ever since abysmal payrolls number hit the wires, gold has performed exceedingly well. Additionally, it does seem as if there is some strong gold buying ahead of the upcoming “Brexit” vote, an event which has the potential to create a fair amount of chaos depending...
For more than three years we have watched the COMEX very closely. The initial clue to begin watching were the waterfall events where the amounts of paper gold and silver sold simply dwarfed what was being mined. I have said many times after the smack downs; "First...
June 9, 2016
The British have recently seen two unpleasant examples of the cost of pension fund deficits. A deficit at British Steel, estimated to be about £485m, was followed by a deficit at British Home Stores of £571m. In both cases, pension fund deficits have scuppered...
Gold bullion is seeing increased sales in the UK on BREXIT “nerves” according to Reuters today:
The dollar is at an important crossroads. Its next move will have significant implications for the future price direction of the precious metals markets.
June 8, 2016
On December 7, 1941, Kermit Tyler, an untrained watch officer, was on duty when a radar operator reported to him that he was seeing a large "blip" on the radar screen headed towards Pearl Harbor. Thinking it was a flight of returning US B-17 bombers, Kermit replied...
