It’s occasionally useful to stand back and examine markets from a long-term perspective. So, I’ve prepared the table below showing the 15-year gains in the Dow Jones Total Market Groups (DJTMG / weekly basis) along with precious metal assets (Black & Gold),...
Gold Editorials & Commentary
July 26, 2015
Apropos of this week's title, irrespective of the -- and indeed ever-ignored-- above scoreboard valuation at $2,523/oz., the following chart is the daily price of Gold from its highest closing level ever (1900.4 on 22 August 2011), as linearly regressed through...
Mother of ALL STOCK BUBBLES…is fueled by unreasonable complacency and unfounded Irrational Exuberance (per Alan Greenspan)…and tempered with abominable ignorance of historical precedent. OH…yes and without any doubt unbridled greed blinds gullible investors to the...
July 25, 2015
We have already written that China updated its official gold holdings. However, because there are still a lot of misunderstandings about the impact of this event on the gold market outlook, we will examine this issue in a more detailed way.
We believe that a bottom in Mining stocks and precious metals is imminent, ending their long corrective Bear Market since September 2011. Friday July 24th’s price action formed a Hammer candlestick pattern, which often appears at bottoms.
It is reasons such as these, below, that drives the importance of owning and holding physical silver and gold. The fundamental reasons everyone already knows exists but do not apply are important, but the power of the elites to rule over all [at least Western]...
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...
There are a multitude of macroeconomic discussions I have heard by “experts” in the metals world over the last few years. Quantitative easing, supply and demand, fiat money and fractional banking, the Fed’s “plan” to destroy the US Dollar; yes, the issues have run...
July 24, 2015
Investors worried about the coming explosions in the financial system purchased record numbers of Gold Eagles in July. Not only are July sales of Gold Eagles the highest in 2015, they surpass all monthly totals for the past two years…. and we still have another week...
After planning to take this week off for a little rest, market gyrations have changed the plan. Initially next week I was going to pen a piece titled "Truth, Justice and no longer the American way". This will now wait a bit.
Gold stocks suffered a full-blown panic this past week! This exceedingly-rare magnitude of selloff was triggered by extreme futures shorting intentionally executed to force a flash crash in gold. After gold’s major multi-year support failed in this Machiavellian...
US Stocks, Gold Close, Silver Arc, GDXJ & More Key Gold Stocks analysis via videos.
We have already shown that neither mining production, nor technological demand drives gold prices, since gold – thanks to its
- Bail-ins are the biggest risks now facing Greek savers and businesses. - ‘The Economist’ warns bail-ins in Greece would be “extraordinarily counter-productive” - Capital controls choking small and medium size businesses. - Greek liquidity crisis now a solvency...
There is still no sign of any serious buying occurring in the gold mining sector. The HUI continues to plummet lower and has fallen to levels last seen in October and November of 2002! This is simply astonishing for its ferocity.
Recently we’ve been writing about the downside potential in precious metals and the danger for precious metals bulls. The gold miners and Silver have led the rout while Gold finally cracked support ($1140-$1150/oz) last week. That led to a severe selloff across the...
July 23, 2015
Examine the 20 year log scale chart of monthly gold. I have drawn lines connecting highs and lows. The result is an expanding channel or megaphone pattern. The increasing prices are exponential (log scale chart) because of exponential increases in debt, money...
Identity problems? Rachel Dolezal wants to be black, Bruce Jenner a woman, or how about Donald Trump for President. Identity problems? No, it is identity theft comparable to the “happy times are here again” mania, fueled by cheap debt and a borrowing binge which has...
Many investors still view gold as a safe-haven investment, but there remains much confusion regarding the extent to which the gold market is vulnerable to manipulation through short-term rigged market trades, and long-arm central bank interventions.
In my previous article we talked about the core traits that successful juniors (penny stocks) have in common. Today, I would like to talk about how you should invest in these companies so you don’t lose all your money and avoid these stocks for the rest of your life...
There is a myth prevalent today that the gold price always falls when interest rates rise. The logic is that when interest rates rise it is more expensive to hold gold, which just sits there not earning anything. And since markets discount future expectations, gold...
There is a lot to go over tonight in regards to commodities and the precious metals complex. A while back I wrote a report on the commodities in general getting ready for the next possible leg down which will fuel the deflationary pressures that really took hold...
The manipulative smash on the gold price on Sunday night has once again led to a surge of buying of gold coins and bars across the globe. Both the Wall Street Journal and Reuters report on how bullion dealers are seeing a spike in demand for gold coins and bars in...
July 22, 2015
The once great U.S. Empire is now in big trouble. Cracks are beginning to appear in the once great American Dream as the country’s economic and financial systems are on the verge of an epic collapse. Unfortunately, its citizens will be the last to know as they...
The gold price bear market has continued in 2015 since its mid-January 2015 peak of $1307 that had fooled many gold bugs into assuming that the preceding multi-year bear market was finally over -- and that 2015 would see a strong price rally to possibly even new all...
Will the author of ‘Hot Commodities’ and the man who spotted the boom in the sector before anybody else, Jim Rogers now start buying gold? He said earlier this year that he would when the bull market showed a 50 per cent retracement. That is to say the gold price...
In his July 17th Blog, Let's Get Real About Gold, author and Wall Street Journal columnist Jason Zweig likened investor interest in gold with the "Pet Rock" craze of the 1970's, when consumers became convinced that a rock in a box would provide continuous...
The gold market will be buffeted by positives and negatives in this year's second half, but in July it's too soon to know whether the bulls or bears will prevail.
I’ve been collecting headlines in recent weeks. They’ve become plot points in a dot-to-dot drawing of the American economic landscape. And the picture that’s forming is one of inflation.
Over the course of the years, we have repeatedly stated (though probably not as much as many would like us to do) that companies use share buybacks to manipulate earnings. In the past, this gambit was not as prevalent as it is today.
