With seemingly everyone from the blogosphere to the Tweeter-in-chief chiming in on fake news, have investors considered their risk/return profile may also be “fake”? When it comes to investing, who or what can we trust, is the market rigged, and why does it matter...
Gold Editorials & Commentary
March 2, 2017
If we experience a debt crisis, as many economists believe is inevitable, many people believe that their holdings of gold and silver bullion will be confiscated, just as in 1933. This article reviews the probability of confiscation and compares it to other more...
March 1, 2017
The gold price has corrected by roughly $25 over the past few days. This pullback has been driven by increased odds of a Fed rate hike during March. Federal Reserve officials have been making hawkish comments lately, which has been supportive of the USD index and...
Gold posted its second straight monthly gain in February, the first such time it has done so since the summer, when Brexit-fueled uncertainty shook world markets. In 2017, the yellow metal has now advanced close to 9 percent, cracking the $1,260 an ounce ceiling on...
The history of financial markets reveals that the U.S. dollar and gold are negatively correlated – that they almost always move in opposite directions. As a result, since stocks are tied to the greenback, they too are negatively correlated to gold. Believe it or not...
Art Market Bubble Bursting? – Russian Billionaire Takes 74% Loss On “Investment” – $85 Million Gauguin Bought By Dmitry Rybolovlev in 2008. – Christie’s auctioned the work at its evening sale in London. – Global art sales plummet, but China rises as ‘art superpower...
As I stated yesterday, “I believe that this current correction in gold and silver stocks will provide a window for a few more days to weeks to get on board at a good price for the first half of 2017.” Yesterday, gold and silver stocks corrected further as I believed...
According to newly uncovered information in the gold market, it provides additional evidence of why the Fed, Central Banks and the IMF were forced to RIG the gold market. Actually, looking at this new information, I had no idea of the amount of Fed, Central Bank...
February 28, 2017
As the GLD and silver continued in their paths higher this week, there is no suggestion from price action that they have met the top to this current rally. However, the lagging in the miner complex certainly has made many heads turn.
No event defines how rapidly America’s “leadership” has declined, than last night’s Academy Awards catastrophe. At which, one of its most prestigious accounting firms accidentally handed Warren Beatty the wrong “Best Picture” envelope, causing it to initially be...
It’s the day after the Oscars and we’ve got gold on our minds! Talking all things gold with @MarkTOByrne, the #Oscars statue is only worth €600! This gold bar however is worth €35,000!
February 27, 2017
Gold prices are up more than 11% since bottoming last December. Their gains last week took the gold market right up to its 50-week moving average. In 2015, attempted rallies reversed at the 50-week moving average. Could this level once again serve as a barrier to...
So, what lies behind this desperate urge to alter the voting structure of the IMF committee? Russia, and more particularly, China, have for a while now, been leading the rest of their BRICS partners on something of a mission. They no longer feel that the US dollar...
As I stated in my last article here that I published in 9 February 2016, one should have disregarded the sensationalistic articles that were touting a massive gold and silver stock breakout back then, because as I explained, even if one presumes that such a breakout...
The best performing precious metal for the week was platinum, with a gain of 2.32 percent and closely followed by silver and then gold. Gold traders and analysts surveyed by Bloomberg continue their bullish stance on the yellow metal for the ninth straight week, as...
Cost of Best Picture winners show very significant devaluation of the dollar. Average cost to make an Oscar winning film is over $43 million – in gold terms, this is over 106,000 ounces. Four $15 million films show nearly 100% difference when priced in gold ounces...
Before we look at some precious metals stocks, I would like to show you a couple of charts which will help explain why I didn’t participate in this last rally in the precious metals stocks that started in December of last year.
This holiday-shortened week (Monday was President’s Day in the US), the price of the dollar fell. In gold, it fell almost half a milligram to 24.75mg, and prices in silver it dropped 30mg, to 1.7 grams of the white monetary metal. Flipped upside down, gold went up...
February 26, 2017
Renewed stock market momentum beyond the SPX 2300 projection target has brought about and extreme in bullish sentiment which normally calls for a correction. IF, as a cycle analyst is forecasting, we are approaching the peak of the 17-year cycle (17 years from its...
When it comes to the latest US stance vis-a-vis China’s currency manipulation, the jury is out. Moreover, based on two recent statements it is more confused than ever.
We saw some volatility come into stocks this past week after the slow solid grin higher we’ve been enjoying since early November. I do not think this is a top, rather, a little shakeout, or shake and bake. Volatility comes on the upside and downside. Consequently,...
Gold has been thrice thwarted these past three weeks at the underbelly of the 1240-1280 resistance zone, coming off this last StateSide holiday with price again capsizing back down into the 1220s. But then, 'twas as if our call a week ago to "successfully summon...
The Dow Jones continues rising like a bat out of hell. Of the past 72 NYSE trading sessions, the Dow Jones broke above to a new all-time high in 29 of them. That’s a new all-time high in 40.2% of the daily closings since November 9th. If this continues I’ll have...
The stock market DOW seems to go up almost every day with the election of Donald Trump as President. The big picture analysis given in our other article indicated otherwise. The “Trump” peak will soon meet the reality of being overvalued. In this article, we...
With the election of Donald Trump as our President and his views espoused during last year’s election, there is expectation of dramatic changes in 2017 and beyond. His policies of protecting and enhancing manufacturing, together with spending in modernizing...
February 25, 2017
Gold sector is on a major buy signal and short-term is on sell signal, indicating a pullback is in progress.
February 24, 2017
Gold has powered higher in a strong new upleg since the Fed’s mid-December rate hike. But the core group of traders who usually fuel early-upleg gains has been missing in action in recent months. The gold-futures speculators have not done any meaningful buying...
Western Central Banks have a real knack for timing the sale of their gold reserves. They are absolute experts when it comes to picking the bottom of the gold market. Central banks in the UK, Switzerland and Norway, to mention a few, timed their sales to perfection...
Bloomberg News admitted that it is aware of the Fed’s “hidden” mandate to control the price of gold when it published an article last Sunday titled, “Yellen Can’t Halt Trump Gold Rally That Funds Bet Against” – Bloomberg/Yellen/Gold.
Filed under the category ‘smartest group of subscribers in the world’, I got an email from NFTRH subscriber Joe F. last week as I was mechanically managing the gold market in my somewhat downplayed, unexciting way…
