All bubbles burst; the question is when? Quantitate Easing (QE) is much like an addiction. One needs more and more to get the initial effect. However, this becomes an "asymptotic" result…whereas eventually one needs an infinite amount that will no longer give a...
Gold Editorials & Commentary
July 27, 2016
The insidious nature of credit expansion under the implicit guise of forced legal tender has worked its way (essentially) undiagnosed through many generations. Viruses work from the inside out. They take over the control center of a cell. They use the existing...
It is not often that I make explicit statements of what markets will do over the near to even medium-term. My work tend to be based on patterns that span long-term history and the forecast tends to cover a quite a long time span. Quite rarely, an analysis gets done...
July 26, 2016
Many investors and their financial advisors consider gold to be a commodity, which makes gold no different than copper, timber, pork bellies or orange juice. They do not understand, or simply are unaware, that gold has been successfully used as money for over 3,000...
Much has been written over the last several months about the metals market. In fact, I have seen an explosion in the number of people who are providing their “opinion” about this market, most of whom I have never heard from in the prior four years. But, you know...
There was a huge trend change in US gold investment in May. Something quite extraordinary took place, which hasn’t happened for several decades. While Switzerland has been a major source of US gold exports for many years, the tables turned in May as the Swiss...
According to international pundit Kim Iskyan, “Gold is falling because of the Fed — but not for the reason you think.” Ms Iskyan goes on to clarify: “Gold investors can stop worrying. Despite recent chatter, interest rate tinkering at the Federal Reserve is not...
The gold market is quiet…displaying seasonal softness. However, that may be about to change as both the US and Japanese central banks are having policy meetings this week. The Fed meets on Wednesday, followed by the BOJ on Thursday. There is also some confusion in...
July 25, 2016
It’s Monday morning, and the Yen/dollar exchange rate is unchanged from Friday’s close. Thus, gold and silver should be unchanged, too – right? Which I say facetiously, as the premise I wrote about Thursday, based on 15 years of tick-for-tick Precious Metal...
Technical analyst Jack Chan charts a breakout of the US dollar and comments on its implications for gold and silver.
Looking more Las Vegas casino than Oval Office, the stage Donald Trump delivered his nomination acceptance speech from last Thursday was all gold, from the stairs to the podium, completely befitting of his showman-like style. Whether you support or oppose Trump, it’...
One in six investors chose gold as the best place to park money they wouldn't need for more than ten years – the same number that chose stocks, according to a recent Bankrate survey. Another 6% chose bonds, while 25% chose real estate, and 23% said they would simply...
The financial world is buzzing about former Fed chairman Ben Bernanke’s recent trip to Japan, where he advised Japan’s central bank chief Haruhiko Kuroda on how to manage his nation out of multi-decades of stagnant growth. Channeling economist Milton Friedman,...
Gold is in a bull market for a number of reasons including political risk. Moreover, there is “every reason for it to continue” according to Dominic Frisby writing in the UK’s best-selling financial publication Money Week.
A weekly decline of $4 in the price of gold is a drop in the ocean -- and nothing at this point to have any concerns about. My previous commentary projecting gold to the $2150 level still stands. Moreover, the critical worry point as far as the point and figure...
July 24, 2016
SPX has reached its stated short-term projection. This should bring about a reversal and the second correction since the 1992 low. There is a very slight possibility that the pattern it is currently making will turn out to be a consolidation in an uptrend,...
Stocks rested mostly this past week along with markets, which continue to setup for another round of higher prices as summer rolls along at a typical fast pace. Metals didn’t do too much either this past week…but they did show a few flashes of weakness which were...
I’ve been away for a few weeks, during which the Dow Jones Index managed to make six consecutive new all-time highs (July 12-20) in the BEV Chart below. It ended the week only 0.13% from making the seventh. I didn’t believe the venerable Dow could do it without a...
My favorite indicator for real time gold demand is the amount of gold in the SPDR gold Shares ETF (NYSE:GLD) and its fluctuations over time. As we wrote in our book, the driving force for gold is investment demand, which is driven by changes in real interest rates....
Last week, the heading, ‘Miracle or hoax?’ was a reference to the strange strength of the DJIA following the dire warnings for markets should Brexit happen – as it did. It became even more of a mystery with sustained strength last week to set another all-time high...
As we glide through these (one might say "hardly") "...lazy hazy crazy days of summer..." --(Nat King Cole, 1963), indeed now just a week ahead of those dog days of August, ours is titled as a dual-subject missive this time 'round. As regards Gold's summer support...
July 23, 2016
All is not so well within the elite’s New World Order. Their tried and true template of Problem-Reaction-Solution is in full gear as chaos reigns throughout the globe, which is exactly how the globalists like to see events unfold.
Gold sector is on a new major buy signal. Cycle is now down. Investors can cost average in at the next cycle bottom.Silver is on a long-term buy signal. Short-term is on buy signal. However, silver is vulnerable to a multi-week correction which is long overdue.
Technical Analysis of The Markets Via Videos.
July 22, 2016
Here is an excerpt from a commentary posted at TSI last week. Not much has changed in the interim, so it remains applicable. The US Treasury Bond (T-Bond) entered a secular bullish trend in the early-1980s. As evidenced by the following chart, over the past 30 years...
The US financial system continues to disintegrate even though most Americans hardly notice. The system is being gutted from the inside out… much the same way a chronic disease weakens a patience even before any symptoms are felt. However, we are already...
Gold and silver prices ran out of momentum during the first week of July -- and have been drifting lower ever since. A deeper correction seems like a realistic expectation, but precious metals are showing strong signs of resiliency. Here are seven forces that should...
I was recently looking at the CNN money website where they post this Fear & Greed Index. It caught my attention, because many other aspects of the market are now also showing signs an imminent correction in the stock market.
Five years after their 2011 highs, the prices of metals stocks, as well as the metals themselves, dropped to levels many never expected back in 2011. And, as the market dropped deeper and deeper into the abyss, most market participants lost interest in the complex...
July 21, 2016
There are quite a few bearish indications that suggest lower precious metals prices are just around the corner. Let’s take a look at a few of them
