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Gold Editorials & Commentary

September 5, 2015

The average person regardless of their education or lack of usually is on the receiving end of the stick when it comes to investing in the markets. The reason for this quandary is really very simple and predicated upon the fact that the average person’s decision-...

We saw volatility return this week as we moved into the long weekend. Consequently, I and my subscribers booked our gains early in the week and took a couple small losses as well. Therefore, I’m back to all cash once again.

We now have five signals that the US equity market is entering a Primary Bear Trend (Confirms the prognosis of the S&P Global 1200 Index). Rounding top on both Industrials and Transports. The DJ Industrials’ fall to a lower low than October 2014 was confirmed by...

Gold sector is on major sell signal. Cycle is down. Caution is advised.Silver is on a long term sell signal and investors should be in cash or short. Short term is on sell signal.

September 4, 2015

While turmoil in global capital markets may ultimately benefit the precious metals sector, it certainly is not an immediate catalyst. As global markets have weakened in recent days, so too have precious metals and precious metals companies. The gold miners are...

Inflation, Gold & Silver Volume, GDXJ vs GDX And Key PM Stocks analysis via videos.

The epicenter of gold’s intractable weakness over the past couple years has been the Federal Reserve’s upcoming rate-hike cycle. Everyone assumes higher interest rates will devastate zero-yielding gold, leaving it far less attractive. This premise led investors to...

There is a growing sense across the financial spectrum that the world is about to turn some type of economic page. Unfortunately no one in the mainstream is too sure what the last chapter was about, and fewer still have any clue as to what the next chapter will...

Investors suffered financial losses in recent weeks as stocks globally came under pressure in August and had their worst month in the last three years. In one of the most volatile trading periods since the global financial crisis, August saw a massive $5.7 trillion...

Now that the US stock market has gotten in sync with the rest of the world in its ups and downs, it also joins the rest of the world in generally (and loosely; it’s not a minute-by-minute relationship) being inverse to the Gold-Silver ratio (GSR, AKA the “metallic...

I used to post here back in 2007 / 2008 in its previous incarnation as a staunch goldbug chat board. It is great to see the transformation here from an all bull all the time site to a really good Technical Analysis Precious Metals Oriented Site. My editor...

The title lets you know where this article is going. For such a routine correction in the US stock market, the Psych/Sentiment backdrop has gotten way out of whack. Do some analysis on Rydex Bull/Bear Fund allocations among investors and you will find a historic...

September 3, 2015

Major world stock markets are all in a BEAR MARKET MODE…cash is king horizon to horizon…universally! Death Cross patterns continue to spread through most international stock markets like an epidemic gone viral (A Death Cross pattern is when the 10-week moving...

Goldbugs are bemused by reports that the European Union competition watchdog is investigating alleged ‘anti-competitive behavior’ by participants in the precious metals market. But anybody who remembers how the EU broke up the cement cartel a couple of decades ago...

Is an epic financial meltdown about to commence? Predictions that a crash will occur in the fall of 2015 have been gaining traction. They are bolstered by some of the market events of this summer, which suggest that something big is indeed unfolding.

Bill Holter is back and he says "Something Just Happened". In fact, something changed three weeks ago and a series of events began which has led to a cascading collapse in global markets and some very strange happenings in the precious metals markets.

Unfortunately, this time around, Quantitative Easing will be toothless. What is needed is genuine value-add entrepreneurial behaviour in context of saturated markets for Legacy Industries and of low unit cost prices for emerging Artificial Intelligence industries....

Once upon a time, before banks and before even private lending, there was only one way to prepare for retirement. People had to hoard something durable. Every week, they would set aside part of their wages to buy salt (later, it was silver). Assuming it didn’t get...

September 2, 2015

There is panic in the global capital markets…and it is pervasive. Let us not mince words here: the fight today is not for a few pips in the EUR or a the continuation of the bear market in commodity related currencies, or the implications of the modest 4% devaluation...

Gold’s many qualities make it one of the most coveted metals in the world. Not only can it be beautifully shaped and sculpted, the yellow metal also conducts electricity, doesn’t tarnish and is biocompatible (meaning it’s not harmful to our tissue). These qualities...

When I was a lad studying economics in between bouts of playing blues guitar, surfing, and drinking fine Namibian lager, professors taught my classmates and me the origins of paper money. Like the beginners we were, we Economics 101 students trusted and believed...

At the beginning of the current year, precious metals forecasters were predicting that due to what were seen as extremely positive fundamentals, palladium would outperform its precious metals peers. In the event, palladium has actually been the worst performing of...

September 1, 2015

Sometimes, I like to look around the market to see what the mainstream analysts are saying about the metals world. Sadly, almost all, especially at my old stomping ground at Seeking Alpha, have had a strongly bullish bias, accompanied by low levels of accuracy....

The lower price of gold has finally taken its toll on U.S. gold production. Domestic gold mine supply fell considerably in May compared to the same period last year. This is a significant amount as the United States is the fourth largest gold producer in the world...

The spotlight has been on the oil price over the past three trading days with a spectacular bounce of 27 per cent. Apply the same gain to the gold price and we would be looking at $1,450 an ounce.

In the overnight session gold reached a high of 1144.00, at the time that this Post was being written. This rally above 1140.30 satisfies our minimum requirements for a completed double 3 wave pattern rally from the 1117.00 low.

Supposedly crude oil prices will stay low for a long time and perhaps drop into the $20’s. The Internet is filled with reasons explaining why crude oil prices will drop. A few are: Saudi Arabia is a swing producer and will provide what the world needs, regardless of...

Gold was marginally higher yesterday and closed at $1135.50 per ounce, up $1.10. Silver was 0.3% higher and closed at $14.64 per ounce. Gold price rose 4% in August as stocks globally saw sharp falls on growing concerns about the Chinese and the global economy....

The fire brigade rolled up last week! They made sure the fire did not take hold, but had to rush off before it was all extinguished; there were so many fires to get to in a hurry they did half a job on some. This is not about hope or wishful thinking, but confidence...

The markets were 'shockingly' interesting last week. But what investing opportunities have been created by the recent 'shock'? The seriousness of last week’s shocking action in the market is shown by the volatility index, which posted its second highest reading...

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