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Gold Editorials & Commentary

September 13, 2016

The Wall Street Journal inadvertently forecast Monday’s vicious short-squeeze rally with this headline: Calm Market Turns Choppy. Strictly speaking, the word “choppy” implies that stocks have moved both up and down. In this case, however, they had only moved one way...

Many individuals sit back and look wistfully at the 1st stage of the Gold Bull Market they missed. It is interesting that people focus on what they lost…but not what they might miss. Since Gold topped out in 2011, many sectors took off. Indeed, one could have...

It is my privilege now to welcome in Craig Hemke of the TF Metals Report. Craig runs one of the most highly respected and well known blogs in the industry and has been covering the precious metals for close to a decade now and puts out some of the best analysis on...

In this publication, we warn regularly of the risk involved in storing wealth in banks. They’ve made the removal of your deposits increasingly difficult in addition to colluding with governments to allow them to legally freeze or confiscate your money.

A few weeks ago, I shared with you what I brought home from my trip to Toronto, Vancouver and New York City, where I had met with gold fund analysts. The current gold bull run began in January, but as I told you, the general retail investors weren’t buying then. The...

September 12, 2016

The best performing precious metal for the week was gold, up 0.22 percent. According to Bloomberg, gold traders and analysts were bullish for the first time in three weeks on the back of the Federal Reserve outlook. In fact, holdings in ETFs backed by the metal...

Friday’s sell-off was the worst day since BREXIT. BREXIT was supposed to be a crisis, but the Central Banks ramped the markets higher to maintain the narrative of their omnipotence. Because no one believed the ramp job, the bulls didn’t want to commit to buying at...

The US has imported crude oil for many decades. The following data (1970 – 2015) comes from the Energy Information Administration of the US government. This data shows reported barrels of crude oil imported into the US.

The 34-year chart below clearly demonstrates that in general the US Dollar Index runs parallel to the trend of Fed Funds Rate (1984-Present). Although there is a material time lag in some years, the long-term trends of both run in tandem.

The opening segment of this week’s Notes From the Rabbit Hole (NFTRH 412) was intended to be a quick blurb…but went on to become a five page exercise. It is shared publicly not so much because it is hard core analysis (which the rest of the report took care of), but...

The topping pattern that the market had been making for the past eight weeks strongly suggested that it was preparing for correction as we approached a time slot when cycles and historical patterns made it even more likely. What was not anticipated was the violence...

The Great Recession of 2008 provided markets with an interesting irony: As the US economy was collapsing under the weight of crumbling home prices, investors curiously flocked to the US dollar under the guise of “The Safety Trade.”

Last I wrote, I was expecting a stock market top early in the week with the late week dropping. We had gone short on Thursday, but late screwy wave action had me pull out to neutral (to my chagrin). I had been looking for a 10 week low within this general time...

After what happened on Friday many Precious Metals sector investors are naturally concerned about the effect of further heavy losses in the broad market on the sector. Let’s now review Friday’s action, starting with the broad market itself, before moving on to...

September 11, 2016

Much like with the gold stock sector, there was support and then there was best support. SPX failed support today in grand fashion as it lost the 50-day moving averages. Best support is lower, however, at 2100 (+/-) as we have been noting for some time now in.

Wall Street under pressure with the DJIA down 394 points and the biggest one day decline since the Brexit surprise. Is this going to “IT”, the start of the Big Bear? Or are the PTB going to go all out this week to clap the paddles to the stock market to get its...

After two months the stock market finally saw a little excitement on Friday; the Dow Jones Index almost broke below 18,000 at the close. Two “policy makers” said FOMC “policy” isn’t market driven; that they may actually increase their Fed Funds Rate twice before...

Gold just completed its ninth up week of the last 13, settling on Friday at 1332. But it did so on the week's ending down note, as afflicted all eight components of the BEGOS Markets complex (Bond, Euro/Swiss, Gold/Silver/Copper, Oil, S&P500).

September 10, 2016

The ECB has cut interest rates into negative territory four times. It has also spent €1 trillion in QE bringing its balance sheet to a record high. These are truly extraordinary policies. Keynesian shills usually claim that the reason their policies don’t work is...

For years I have argued that ultra-low interest rates act more as an economic sedative than a stimulant. This idea has elicited laughter from the economic establishment. But it is becoming clearer that rates set by central banks that are far below the levels that...

Stocks were strong out of the gate this past week and showed some impressive gains with the S&P500 set to break higher…UNTIL FRIDAY. Effectively, stocks and markets cratered Friday, which caused me to lock in some solid gains in positions I’ve held since the...

The failure of Gold and gold stocks to sustain recent gains coupled with a strong selloff to close the week dashes any hope that the correction ended last week. The charts and probabilities argue that the sector remains in a larger correction and perhaps has started...

I was so pleased yesterday by the announcement that I have joined the Research team at GoldCore as it meant that I could finally start talking about it…and was back in a role that lets me indulge in my passion by researching and geeking out on all things gold,...

Welcome to PM Trader’s Nightmare. We’ve been following the GDX as a proxy for the rest of the PM stock indexes which is showing the on- going correction or consolidation phase of the first big move up off the January low. This first daily chart shows the unbalanced...

Last week in Fiat “Dollar” Says Gold Price And Silver Price Will Struggle we said the following: Money does not exist in this country. In fact, money does not exist anywhere in the world. What is money? So few people know, and many who profess to know do not....

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

September 9, 2016

Gold stocks have suffered a terrible month, plunging in a serious selloff. The resulting carnage has left investors and speculators shaken, wondering if this red-hot sector’s blistering new bull this year has already run out of steam. These fears are misplaced, as...

Technical Analysis of The Markets Via Videos.

If you read some gold-focused web sites you could come away with the belief that movements in the gold price are almost completely random, depending more on the whims/abilities of evil manipulators and the news of the day than on genuine fundamental drivers. The...

After the beach grills cool and get covered for the season, a quiet reality sets in that summer is unofficially over and the first days of school are upon us. Our house remains filled with a thick bittersweet nostalgia from a perfect summer now passed, which...

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