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Gold Editorials & Commentary

August 10, 2015

I'm attaching three charts today: One chart of the daily SPY shows the parallel between Friday and March 3, 2015. The next one, shows where it could go as far as price and time is concerned, and the third shows the weekly chart of the SPX and what I believe may be...

In this Weekend Report I’m going to update some charts we’ve been following very closely in regards to the precious metal complex. I’m going to use the GDX as a proxy for the other PM stock indexes as it shows the volume.

This morning, gold is 0.1% higher to $1,096 per ounce. Silver is up 0.74% to $15.02 per ounce. Platinum and palladium are 0.74% and 0.5% higher to $973 and $607 per ounce respectively.

August 9, 2015

Rather than stimulus, the USFed's Quantitative Easing is a death sentence for the USDollar. It might provide an ongoing backdoor bailout opportunity for Wall Street banks, and even a window for China to switch from long dated to short dated USTreasurys, but QE is...

Gold has certainly shown some great volatility recently. And with the recent price drop, there's also been a lot of noise coming from pundits in the gold community. Consequently, this seems to be a great time to ask certain basic questions about this, in many ways,...

Gold speculator and large futures traders added to their gold bullish positions last week following five weeks of decline, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

We believe stocks have started the next Great Bear Market and are headed substantially lower. The decline will be stair-step, but inside this Bear Market, which could last 7 years, there will be several stock market crashes.

Markets are human creations; they enable the specialization of labor that’s so essential in creating, and sustaining civilization. Who today grows most of their own food? Very few people, and those that do typically provide the food for the rest of us.

No, not the panning of physical Gold from the cool, fresh downriver waters of a spring or glacially-fed idyllic stream with trout leaping about; rather the published panning of the Precious Metals in general, their no longer being worthy of once-revered valuation,...

A few weeks ago I suggested that the US stock market was disguised in bull’s clothing. The crux of my suggestion focused on the identification of secular bull and bear markets. I concluded that although the market is, from a trend perspective, bullish, the...

Markets rolled over this past week…and just continue to chop around this summer, which is perfect and should provide a setup up for some great fall action. Gold and silver continue to look for lower -- and are trading in a tight range.

August 8, 2015

When you attend the funeral of a dearly departed friend or relative, it is appropriate to show due respect by wearing black. Similarly, in this update on the Tech Sector, which will very soon be on its deathbed, it is appropriate that we show due propriety and...

Is gold a buy now, or should you wait for a possible autumn price crash? With a six-year low for gold demand in the first half of this year and the lowest prices since the global financial crisis, the negative headlines for gold have reached something of a crescendo...

India’s gold imports shot up by about 61 percent to 155 tons in the April-May period due to weak prices globally and the easing of restrictions by the Reserve Bank. Billionaire hedge fund manager John Paulson, one of the world’s most influential gold investors, said...

Current investing model favors bonds over equities. Therefore, investors should overweigh their portfolios with bonds over stocks for safety. Cash is also a position for those who are un-invested or under invested until this model favors equities again.

Gold sector is on major sell signal. Cycle is down. Traders should be in cash or short. COT data is now favorable for a tradable bottom soon.Silver is on a long term sell signal and investors should be in cash or short. COT data reveals that a tradable bottom is...

When it comes to currencies, the laws of Newtonian physics still appear to hold the greatest influence over participants’ long-term expectations. That is, the belief that a currency in motion will stay in motion, unless acted upon by an external force.

Dow Broken, Gold & Silver Support, GDX, GDXJ & Key Precious Metal Stocks analysis via videos.

August 7, 2015

Let’s talk about the Greek issue. More than enough ink has been spilled on this from the mainstream financial media. However, I do think we there are a few key takeaways we should note from this whole debacle.

With gold languishing near deep secular lows, its technicals look hopelessly broken. Sentiment is off-the-charts bearish, with traders universally convinced gold is doomed to spiral lower indefinitely. But gold’s weakness this year is very deceiving, as it wasn’t...

Over the past few years observing changes in Federal Reserve interest rate policy has been a little like watching paint dry or grass grow...only not as exciting. That's because the Fed has not changed its benchmark Fed Funds rate since 2008 (Federal Reserve, FOMC)....

How eager are gold bugs to believe their ill fortune over the last four years is the result of sinister forces rather than a lack of prudence on their own part? The answer is easily seen in the writings of gold commentators over the last few months. References to...

GOLD: The precious metal that is globally recognized as real money, a store of value, beautiful, and as lasting savings. GOLF: The compelling game that is played globally, inspires millions, and encourages physical activity on beautiful and challenging courses.

Last week in US Markets it was thought that it has become time to light the fire – implying that with key long term-support for gold having been reached, the metals could now end the deep slide and begin to recover. This week’s heading still shows optimism, but...

The precious metals complex has attempted to stabilize over the past few weeks. Some markets have had more success than others. Gold has been able to hold $1080/oz while GDXJ has also held its recent low. The large cap indices (GDX, XAU, HUI) have grinded lower to...

An article on Bloomberg comparing the gold market in the late 1970s – dramatically peaking in 1980 – to that of recent years has suggested that “gold could soon get very boring” and a “repeat of that trend would leave gold at around $1,000 an ounce in 2035.”

Shock of all shocks, the IMF announced the Chinese yuan will not be admitted into the SDR until at least Sept. 2016. http://www.bloomberg.com/news/articles/2015-08-04/imf-says-more-work-nee.... What exactly does this mean?

August 6, 2015

At recent lows around $1075 an ounce, gold has been trading at the lowest price level since February 2010. And, in recent days, the metal has been consolidating in a narrow range just under $1100.

If you looked out your window and saw a hurricane coming, would you cancel your house insurance? Of course not; that would be foolish. We are content to pay for house insurance for most of our lives, yet very few of us have actually experienced a fire or a major...

We now have an explanation for Gibson's paradox (posted here), a puzzle that has defeated mainstream economists from Fisher to Keynes and Friedman. The best way to illustrate the puzzle is through two charts, the first showing empirical evidence that interest rates...

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In the Aztec language the name for gold is teocuitlatl which means "excrement of the gods."

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