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Gold Editorials & Commentary

August 26, 2016

While the Fed is almost powerless these days, as it has succeeded in "painting itself into a corner," the markets still seem to think that its utterances are important and react, sometimes violently, to its apparent stance, or implied stance. For this reason we have...

Precious metal prices traded lower this week in lackluster trading, until Wednesday, when someone sold 10,000 gold contracts on COMEX. Before that event, the silver price had been hit hard, though Open Interest remained stubbornly high. Gold price fell $14 to $1324....

Technical Analysis of The Markets Via Videos.

The junior gold miners and explorers have soared dramatically in an amazing year, before falling hard this week. This sharp correction is doing its job in rebalancing bull-market sentiment, crushing greed and leaving traders wary of this sector. But gold juniors’...

San Francisco Fed President John Williams came out really dovish the other day. He said that maybe we should increase our inflation target. Translated, that means that we would be willing to tolerate a higher level of inflation before doing anything about it....

If you were to set up an investing Hall of Fame, it would be filled with names like Stan Druckenmiller, George Soros, Carl Icahn, and David Einhorn. These experts have shown an uncanny ability to surpass the market over long periods of time. They stay a step ahead...

August 25, 2016

The fate of the global economy was decided decades ago as deficits, debts and derivatives started their exponential growth and reached the time bomb phase that we are now in. This final chapter of this 100-year era will end in “a final and total catastrophe of the...

There are so many things wrong with GDP that even mainstream economists are becoming vaguely aware of its shortcomings. A good friend drew my attention to a Bloomberg article on this subject, which at least shows a growing awareness that there’s a problem....

Gold Today –Gold closed in New York at $1,324.30 on Wednesday after Tuesday’s close at $1,338.60. London opened at $1,326.75.

Gold futures saw a massive $1.5 billion liquidation in one minute yesterday, which had all the hallmarks of a “non-profit” liquidation – a large seller trying to manipulate gold futures lower rather than maximise profits.

August 24, 2016

The true value of gold is much higher than the spot price quoted in the market. This is due to several factors, but the most important reason is misunderstood by just about every economist and monetary scientist in the world today. Those who are able to understand...

The fact that this is my eighth “NIRP vs. Gold” article, spanning more than three years’ time, is all the proof you need that this unprecedentedly deformative policy is here to stay – in Peter Schiff’s words, a “roach motel” where once a Central bank checks in, it...

A fiery debate rages among investors over the question of central bank stimulus. The question is whether the stock market needs stimulus in order to advance; and is stimulus only creating a bubble which will burst at some point and lead to depression?

Gold and silver investors have strong opinions about third-party storage of metals. Privacy, the lack of counterparty risk and precious metals’ role as “crisis money” are among the most attractive features of physical bullion. So it is no surprise that many...

Social Security Pensions? Surely they are safe…the government told me they were safe. But there is more to the story, so read on. Private Pensions? State retirement accounts? An IRA or 401(k)? Equivalents in Europe, the UK, Australia, and Japan are probably similar...

Jim Grant is “very bullish on gold” due to deepening concerns of a crash in sovereign debt. The monetary historian and expert, financial journalist and editor of the investment newsletter ‘Grant’s Interest Rate Observer’ is always worth reading and listening to.

August 23, 2016

Gold moved lower early during yesterday’s session, but came back up later. Finally, gold ended the session only $3 lower. Can we view such a reversal as a bullish sign? Not necessarily. A valid reversal should be confirmed by high volume…and yesterday’s session wasn...

In the gold market, all analytical eyes should be on the Jackson Hole central banking conference. Janet Yellen makes her speech this Friday.

The 1335.70 low made in yesterday’s overnight session held in yesterday’s day session - and in the last overnight session. Gold rallied to a high of 1347.40 at the time that this Post was being written.

A quick question for the “recovery” enthusiasts… If the recovery is real and as strong as the “data” suggests…why are Central Banks engaged in the most aggressive stimulus in history? Consider Europe. According to the official data, the EU’s Services and...

It’s early morning – in what is typically the slowest volume week of the year, aside from Christmas through New Year’s Eve. So slow, I have just eight articles in my “horrible headline notes” from the past 48 hours, as the entire Western world is on vacation.

The German government is warning its people to ‘stockpile’ food, water and cash in case of ‘war’. For the first time since the end of the Cold War, the German government is set to tell citizens to stockpile food, water, medicine, fuel and cash in case of war, an...

August 22, 2016

It is my privilege now to be joined by Gerald Celente, publisher of the renowned Trends Journal. Mr. Celente is a highly sought-after guest on these programs throughout the world and has been forecasting some of the biggest and most important trends before they...

The best performing precious metal for the week was palladium, up 3.57 percent. Speculators have been piling into platinum and palladium futures, largely based on improved car sales in China, but position sizes are approaching all-time highs for both metals.

The charts below of GLD and GDX show remarkable differences…and at the same time there are similarities. GDX is coming into the 22 TD low due August 24 and we have Mercury Stationary/Retrograde due August 30. In the past, Mercury Stationary/Retrograde has marked...

I’m going to act as your “spirit guide,” in our ongoing quest to save ourselves from the Hitler-esque “elites” that have commandeered monetary policy and financial markets – in the process, destroying global economic activity, political stability, and fiat...

The western welfare states (US, UK, EU etc.) have borrowed more digital currency than can be repaid at current values. The choices are: Massive inflation: a bad choice, Default: an even worse choice.

The primary data point that the perennial bulls on Wall Street claim as evidence for an improving economy is the monthly jobs number. The Non-farm Payroll Report claimed that 255,000 jobs were added in July on a seasonally adjusted bases. This number was well above...

Deposits at Bank of Ireland are soon to face charges in the form of negative interest rates after it emerged on Friday that the bank is set to become the first Irish bank to charge customers for placing their cash on deposit with the bank.

Gold has managed to maintain a bullish structure since our last article. However, we still need to be cautious. Our gold forecast suggests a considerable rise could be about to begin…as it fits perfectly with a long-term impulse pattern we have been monitoring for...

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In 1933 President Franklin Roosevelt signed Executive Order 6102 which outlawed U.S. citizens from hoarding gold.

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