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Gold Editorials & Commentary

December 3, 2016

Gold sector is on a major buy signal and short term is also on buy signal. Cycle is up. Trend is down. Silver is on a long-term buy signal. Short-term is on sell signal. Silver is more volatile than gold, manage your risk.

Obama was the “Yes, we can!” hope and change candidate that become the deep state elite’s presidential lackey. It was Obama’s choice to sell his political and personal soul in serving the globalists.

December 2, 2016

When gold rose from its $1,046 low last December, it was accompanied by motivating articles written by a plethora of excited gold analysts. Many of them unequivocally stated that gold’s long, grueling Bear Market had ended, and a new great Bull Market had begun.

As it is quite often said (but just as often forgotten when things get volatile), no market can move up or down in a straight line. There have to be corrections along the way as some traders cash in their profits, others get scared out of their positions etc. The...

Here are today's videos and charts.

The junior gold miners’ and explorers’ stocks have been crushed in recent months, collateral damage from enormous gold-futures selling. That’s naturally left investors and speculators extremely bearish on gold juniors. But lost in all this technical and...

Every central bank in the world, including the US Federal Reserve, now wants a weaker US$, which proves that central banks can be overwhelmed by market forces even when they are united in their goals.

Few people realise the coming bargains in all asset markets within the next five years or so. Stocks, bonds and property will be fractions of current prices. I discussed in last week’s article how I expect stocks and property to decline maybe as much as 90%. Most...

The Trump shock produced some unexpected market reactions, partly explained by investors buying into a risk-on argument, favouring equities over bonds and buying dollars by selling other currencies and gold. This is because President-elect Trump has stated he will...

Money is now a ‘no thing’ unit ($$$$$$$) created by select bankers from their thinking. The unit emerges from a banker’s consciousness (and then gets typed into a computer screen) and this means the unit is ‘no thing’ (nothing). The unit circulates from computer...

December 1, 2016

Next Tuesday will mark four weeks since Indian Prime Minister Narendra Modi made his surprise demonetization announcement that has sent shockwaves throughout the South Asian country’s economy. In an effort to combat corruption, tax evasion and counterfeiting, all...

It is said that history has a sense of irony. The latest US election is not an exception. Consider the following… 1. Donald Trump campaigned aggressively on trade… particularly his opposing of the fact that the US gets taken advantage of by foreign nations via...

Oh, the tangled web we weave, when we seek to deceive. And sometimes, when we actually want to help – particularly when referring to vote-seeking politicians. Case in point, OPEC – which yesterday, pulled off the lie to end all lies in pretending to “cut production...

The broad US stock market actually looks better overall than it has done for several years, which may come as a surprise considering it has been in a bull market since as far back as early 2009. On the 10-year chart for the S&P500 index we can see that a...

The Indian Prime Minister announced on 8th November 2016 that Rs 500 and Rs 1,000 banknotes would no longer be legal tender. Linked are Part-I, Part-II and Part-III updates on the rapidly encroaching police state.

Gold prices are getting pummeled on a daily basis and appear to be coming down as fast as they went up. First we had Brexit which resulted in both the Euro and the British Pound getting sold off hard. When these two currencies lose value the US Dollar is forced to...

November 30, 2016

Gold bullion again gave back a $10 overnight pop on Wednesday in London, falling back to last week's finishing level at $1183 per ounce for the third session running as world stock markets rose and oil prices jumped on rumors of an OPEC output cut.

Donald Trump will be sworn in as the 45th President of the United States in January. Americans will then find out then if “Make America Great Again” is more than a campaign slogan. It isn’t going to be easy. On day one, he will inherit a $20 trillion federal deficit...

Last week I felt that if gold broke $1,180, it could see another $140 downside, taking it to the December 2015 lows of around $1,045. I also saw that the Relative Strength Index (RSI) was at the extremely low levels usually associated with bottoms.

The metals markets are all now hitting the downside retracement targets for support we have been speaking of and focusing upon since the market confirmed this pullback months ago. The market has positive divergences at the lows we are striking. The sentiment...

November 29, 2016

On Friday November 25, Fidel Castro died at age 90. The former revolutionary and hardline dictator of Cuba was among the 20th century’s longest-serving leaders, third only to Elizabeth II and Bhumibol Adulyadej, the King of Thailand, who passed away in October.

A modern economy typically involves millions of individuals making decisions about consumption, production and investment based on a myriad of personal preferences. It should be obvious that such a ‘system’ could never be properly described by any mathematical...

Well, we've finally reached "contract expiration" day as the Dec16 COMEX gold and silver contracts go off the board and into "delivery" at the close today. With total COMEX open interest now back to the levels of last December, could price finally be near a bottom?...

It’s been a wild ride in 2016 for most gold community investors. Rather than wane, the violent price action may be about to accelerate.

The Global Financial Crisis of 2007 wiped out over 50% of the Australian market share - and they are still some 20% below their peak. Aussie’s are still not back to a break-even point after a decade. One has to wonder if their losses will ever be recouped in light...

The gold and silver producers made a blistering start to the year. However, the second half of the year has been a totally different story. The chart below depicts the rise and fall of the gold producers which make up the Gold Bugs Index the HUI. This Index has now...

November 28, 2016

In a Frank Talk last week, I discussed the surge in small-cap stocks since Donald Trump’s election. A bet on smaller domestic stocks, I wrote, is a bet that Trump will deliver on his promise to “make America great again.” He plans to lower taxes, streamline...

The best performing precious metal for the week was palladium, up 2.83 percent. China boasted imports of silver, platinum and palladium in October. In addition, vehicle sales in Europe are up 4.7 percent through October in 2016 versus a year ago. Global auto sales...

The Italian banking system looks vulnerable to collapse whether the referendum is passed in Italy or not. Were the referendum passed, it may allow senior Italian and international bankers to further ‘kick the can down the road’ and delay the inevitable.

Sometimes, we think that every story in the gold community has the same template: I have inside information to share with you. My peeps are telling me that will happen. If happens, then the gold price will go ballistic. ( will happen, I just know it). So buy gold...

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