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Gold Editorials & Commentary

September 7, 2016

The futures blew past the 1346.10 target with ease, implying that an ABC pattern of greater magnitude, with a correspondingly higher target, is driving this rally. The one shown projects to 1430.80, about 5.6% above current levels. The futures tripped a theoretical...

The US financial system is in serious trouble - and this one chart confirms it. Investors who understand the negative consequences of this chart would be buying physical gold and silver hand over fist. Unfortunately, Americans have been put to sleep by the...

September 6, 2016

“Total political crap.” That’s how Apple CEO Tim Cook described the European Commission’s ruling that the iPhone maker must pay 13 billion euros ($14.5 billion), plus interest, in back taxes to Ireland, its longtime European host. Meanwhile, the island-nation is...

Yamana Gold Inc. (YRI:TSX; AUY:NYSE; YAU:LSE) continues to be a mixed bag. Operations are on track at most mines, other than Chapada; despite the Chapada shortfall, the company says it remains on track to meet its production guidance around 1.3 million ounces.

Gold has a rough general tendency to decline ahead of the monthly US jobs report, and to gyrate wildly when the report is released…then rally modestly higher for another one to three weeks. The cycle tends to repeat itself with varying degrees of intensity.

Since gold and silver are real money while currencies are debt backed by corrupt and insolvent governments and central banks, should reasonable individuals switch from risky and debt based digital assets to real gold and silver?

The best performing precious metal for the week was silver with a surge of 4.18 percent following the poor jobs report. As seen in the chart below, when comparing the S&P 500 Index and Newmont Mining, the only gold mining stock in that index, on free cash flow...

Some analysts argue that the US economy is strong enough to handle some rate-hiking by the Fed. Others argue that with the economy growing slowly the Fed should err on the side of caution and continue to postpone its next rate hike. Still others argue that the...

Ireland remains especially exposed to another financial shock because of the extremely high levels of public and private debt, the open nature of the economy and Brexit. Irish Central Bank Governor Philip Lane has warned in a pre-budget letter to Minister for...

This month ahead looks choppy for both markets. Gold (especially the miners) has just come off of hard drop. Consequently, we may expect an upward/sideward bias until we get past Mercury Rx (retrograde) around September 22, where we could see a more explosive up...

September 5, 2016

The debacle involving Deutsche Bank’s failure to deliver physical gold from the Xetra-Gold exchange traded commodity (ETC) continued on Friday after a press release from Deutsche Bank. Zero Hedge covered the “non-response” from the beleaguered German bank over the...

Tonight I would like to show you a long term 40 year monthly chart for the $COMPQ which I call the history chart. Some of you were not even born when some of these significance events happened. At the time they seemed significant enough that most thought the end of...

I couldn’t think of a catchy title, so I thought I’d just throw that one out. There are some who think that a gold crash is just down the road. The chart of the Market Vectors Jr. Gold Miners ETF (see below) seems to be pointing in that direction. It is in its...

Why is this issue of the Report entitled the Federal Reserve Report? We chose this headline because the Fed is apparently now the driver of supply and demand of gold and silver. Or at least it’s what speculators in gold and silver expect will drive the decisions of...

Looking at market history via the Bear’s Eye View (BEV) plot provides a unique insight into the past. When plotted in dollars, monetary inflation makes nonsense of market data spanning decades. A BEV view of the market, where each new all-time high (BEV Zero) is...

September 4, 2016

This weekend I want to point out a market condition existing right now that is screaming that a stock market plunge is fast approaching. To do this, I present below several charts from our December 4th, 2015, issue 2729 to subscribers at www.technicalindicatorindex....

For the past two months, excitement in the stock market has been hard to come by. On August 15th the Dow Jones saw its last all-time high, and it made seven new all-time highs in a row in mid-July. But these new highs only nudged the Dow Jones into record...

North of the equator, we've but 19 days left of summer, the year speeding past: 'tis already September! And, oh, what a year for the precious metals' performances which -- as measured over the past four decades -- are as top tier as they can appear! So now with two...

The Non-farm payroll number on Friday came in well below expectations, which was a disappointment after the good numbers in June and July and anticipation of a rate increase at September’s FOMC meeting if the non-farm number had been better. It would have been such...

September 3, 2016

Thursday’s ISM report was Thing 1 in improving the backdrop for gold. But it was a small Thing. Friday’s August Payrolls report was Thing 2, and it was a better Thing. Gold and especially the gold mining sector are invigorated fundamentally during economic easing...

Gold and gold stocks bounced to end the week…thanks to an oversold condition coupled with a softer than expected jobs report which likely delays Fed action until December. At one point this past week the market had priced in a 64% chance of a single rate hike by...

We are taking another look at the globalist-owned Federal Reserve and their totally fiat Federal Reserve Note, more commonly and inaccurately referenced as the “dollar,” which it is not and never was. The fact that people in the United States continue to believe...

Gold sector is on a major buy signal. Cycle is down. Investors stay patient and wait for the correction to complete, then cost average in at the next cycle bottom.Silver is on a long-term buy signal. Short term is on sell signal. Silver is in a correction and can...

September 2, 2016

Many economists ask why economic activity fluctuates. Among many theories of business cycles, there is the political business cycle, formulated in the 1970s. According to it, incumbents try to juice up the economy during election years to improve their chances of re...

It appears we are rallying out of the third common cycle low. This rally could last up to ten trading days but be as little as four trading days. The intermediate cycle has already failed, topping at $1,377.50. I expect this rally to fail and break below $1,300.

Technical Analysis of The Markets Via Videos.

The physical gold delivery failure to clients of Deutsche Bank who own Xetra-Gold, the gold exchange traded commodity, was confirmed yesterday by Deutsche Bourse which said that the inability to deliver gold was not limited to Deutsche Bank…and that other German...

We are looking for a final top to the massive bond bull market that began in 1981. While it is possible the final top is in place, I am leaning to one final marginal high before everything goes belly-up. Let’s review the quarterly and weekly charts of the 30-Year US...

September 1, 2016

The world monetary order is changing. Slowly but steadily, global trade and currency markets are becoming less dollar-centric. Formerly marginal currencies such as the Chinese Renminbi/yuan now stand to become serious competitors to US dollar dominance.

I am loving this correction! I am relishing the fact that gold and gold stocks are ‘correcting’ as profit taking takes hold and many private placements become free trading - resulting in price drops on some great stocks.

Gold IRA eBook

The world’s gold supply increases by 2,600 tons per year versus the U.S. steel production of 11,000 tons per hour.

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