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Gold Editorials & Commentary

April 25, 2016

Gold miners, because the number of discoveries was falling and existing deposits were being quickly depleted, have had to diversify away from the traditional geo-politically safe gold producing countries, ie Canada, the U.S. and Mexico. The move out of these “safe...

NOT time to panic, YET…but time to be on your guard. Many analysts claim that if you decide that a security is not a BUY, then it must be a SELL. There is, of course, a great space between these two conditions. That space is occupied by the HOLD. This is one of...

April 24, 2016

Now that the objective of the rally’s extension has essentially been reached, the SPX should be ready to reverse. A correction starting from here would be expected to last until June. The amount of weakness which develops during this time frame should give us...

I intended to take a few weeks off. However, as the Dow Jones Index closed the week up only 1.69%, just three hundred points from making a new all-time high, I was motivated to make a few comments on the stock market.

A week ago the price of gold was fixed at $1227…and silver was $16.17. After the SGE opened for trading on Tuesday, prices were steady at first. Subsequently, they then began to improve, with silver suddenly spiking higher with the gold price lagging all the way. On...

Last week was pretty quiet in the end with consolidation now taking place in many stocks and the leading indexes. A few weeks or more of rest would be the best case scenario for stocks at the moment -- and so far that looks to be how things are playing out.

Coming into this corporate earnings season, everyone seemed to expect disappointment. But they thought it would come from the energy sector and the banks that had lent that sector way too much money (see Goldman Sachs is a flattened slug).

April 23, 2016

First, the good news and taking a moment to celebrate the recent unstoppable rally in both gold and silver where, as was been expected, silver is outperforming gold. While we have stayed clear of paper futures from the long side, over the past few years, almost...

Gold sector is on a new major buy signal. Cycle is up but at levels of previous tops. COT data remains in bear market values and is now at levels of previous tops. Silver is on a long term sell signal and investors should be in cash or short. Short term is on buy...

This is a special preview of the KE Report Weekend Show. This week we are featuring John Kaiser, Founder and President of Kaiser Research Online, who joined us to wrap up the first hour of the show. We take a look at the junior resource sector in terms of the moves...

April 22, 2016

The gold stocks have had a tremendous rally in recent months that has left most investors and even gold bulls on the sidelines. From low tick to high tick GDXJ has more than doubled while GDX has nearly doubled. Indices such as the HUI and XAU have more than doubled...

The markets are prepping for the next massive round of QE. As I noted earlier this week, NIRP has been entirely ineffective at generating Central Bankers’ desired “inflation.” The ECB has cut rates into NIRP four separate times only to find itself with 0% inflation...

What a difference a couple of months makes! Several months ago everyone was convinced that stocks were starting a protracted bear market. Many expected it to be even worse than the last one in 2008/09.

Gold and silver have more or less confirmed they have bottomed and are ready for a multi-year rally. Their trend has not fully 'reversed' to the upside yet but the market breadth and internals for the precious metals sector are very bullish. My subscribers know that...

The gold price saw some volatile price action today after hitting upside resistance and reversing back down impulsively. Let’s check out the daily and monthly charts and see the bearish pattern that has formed.

Both frontrunners in the race to be the U.S. presidential candidates for the Republican and Democratic parties won easily in New York. It is an important victory because New York is a crucial primary with a high number of delegates. Therefore, both Clinton and Trump...

April 21, 2016

On March 4 we reviewed the technical reasons why the gold sector was launching as opposed to blowing off. This, after articles began appearing calling the rise to that point a doomed parabolic blow off using daily charts. Those calling it a blow off were confused...

Deutsche Bank is accused of conspiring with the Bank of Nova Scotia, Barclays, HSBC, Societe Generale and UBS to manipulate prices of gold. It was also sued along with the Bank of Nova Scotia, HSBC, and UBS for manipulating prices of silver.

The gold price is set to move higher in the coming months as inflation picks up according to new research from RBC. “Analysis suggests a -0.5% real rate would imply a $1,380/oz gold price and a -1.0% real rate $1,546/oz” — that’s according to RBC’s April 10 Global...

April 20, 2016

The first month and a half of 2016 were brutal for the US equity market, as the major averages plunged over 10%. The culmination of the decline came on Feb 11th when the Dow Jones Industrial Average dropped 1.6%, and the S&P 500 decreased 1.2%. Since then, the...

The new benchmark for the price of gold, called the Shanghai Gold Benchmark Price, is listed on the Shanghai Gold Exchange and is set twice a day (with the AM session beginning at 10:15am and the PM session at 2:15pm) by eighteen institutions, including top Chinese...

The two main reasons for deflationary forces are the strongly reduced demand for goods from China and the QE, ZIRP and NIRP programs from the main Central Banks (CBs). Chinese GDP growth of approx. 7% can’t be maintained for an economy the size of the US economy....

April 19, 2016

Many of us have waited for today, April 19, as we anticipated the new Chinese daily gold fix and the opening of the ABX physical exchange. Some may be disappointed, others, ecstatic. I will say I am personally pleased because it was almost exactly as I suspected...

Gold continues to astound most analysts, as it moves relentlessly higher. This is the daily gold chart. The triangle pattern in bullish play is perhaps best described as an “Ode To Awesomeness”. Note the inverse head and shoulders bottom pattern that has...

Let’s take a deep look into COMEX in this article that describes COMEX today. All of us follow COMEX in New York and assess the ‘net speculative long position’ there, so as to see the actual weight of opinion on the gold price. It gives us a clear market opinion,...

Gold had a rather wide range in the overnight session first reaching a low of 1229.10 and then rebounding to a high of 1247.60, at the time that this Post was being written. In spite of that larger overnight range our current thinking remains unchanged as we are...

In mid-January of this year, it looked as if another leg down was in store for the precious metals complex. Most of the precious metals stock indexes broke down to a new bear market low which I was expecting, as I was looking for that one last capitulation move to...

On April 12, 2016, the IMF published its biannual report on the world economic outlook, entitled “Too Slow for Too Long”. The report is as pessimistic as its title. The baseline projection for global growth in 2016 is a modest 3.2 percent, down 0.2 percentage points...

Last Friday afternoon after I read the COT (Commitment of Traders report) numbers, I immediately looked over at the quote terminal only to see that the HUI (NYSE Arca Gold BUGS Index) was going to close out the week a tad below 200 and nearly exactly double where it...

Sales of the US Mint Gold Eagles surged last week as investors were spooked by the emergency Fed meetings. As several news sources reported last week, this was the first time both the President and Vice President “unexpectedly” met with the Fed Chairman to discuss...

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