It's hard to believe, but the year 2019 is already about 15% in the books. So, with two months behind us, perhaps it's a good time to check in, assess what we've accomplished thus far in COMEX gold and silver, and then look ahead to what's coming as the year...
Gold Editorials & Commentary
March 1, 2019
When the financial markets got, um, choppy towards the end of 2018, the Fed caved almost instantly. But only rhetorically.
The gold miners’ stocks have been climbing higher on balance, enjoying a solid upleg that is gathering steam. That’s fueling improving sentiment, driving more interest in this small contrarian sector. This gold-stock upleg is likely to grow in coming months,...
The fiat money quantity is comprised of fiat money both in circulation and available for circulation, being parked at the central bank in the form of the reserves of depository institutions. The expansion of US$ FMQ since 1960 is shown in the chart below.
Gold prices have pulled back from a 10-month high in recent sessions, leaving investors wondering why the many geopolitical and economic issues plaguing the market haven’t been able to fully support the metal’s haven appeal.
February 28, 2019
Stocks were mixed again on Wednesday, as investors hesitated following the recent advances. The S&P 500 index continues to trade at the 2,800 resistance level. So is this a topping pattern or just a pause before another leg up?
Many important things happened yesterday. Cohen testified before the Congress, the US-North Korea Summit took place, while tensions between India and Pakistan escalated. Will these developments boost gold?
This is probably one of the biggest conundrums investors face in financial markets today. A major report may come out with a very positive bias, yet the market will move in the opposite direction. How many times have you seen this happen?
If there is a new recession in the next few years, then it is highly likely that the Federal Reserve will take extreme measures in response, with the primary response being to swiftly knock short term interest rates back down to zero percent.
In Business and Finance, Ireland’s leading business magazine, latest CEO Q+A, speak to Stephen Flood, CEO of GoldCore, about the global economy, debt levels, and making the most of your personal strengths.
February 27, 2019
Where Are We Going? There have been many times in the past when people would question the numbers coming out of China in regards to their growth rates, economic reports and statistics. In the past, I have seen many look at other metrics like energy usage, etc. to...
Just like it was the case on Monday, gold and silver haven’t done much yesterday either, but we saw some interesting action in the miners – they formed a bullish reversal after testing the rising support line. The performance of the USD Index provides us with clues...
I was poring over the Federal Reserve minutes from Feb. 21, and as I was rolling my eyes and looking around my den for something to throw, I was reminded of the comments from then-Fed chairman Ben Bernanke years ago when he was asked if the Fed was "monetizing debt...
Back in 2013 I recall having a bearish view on the stock market due to extremely bullish sentiment readings. The market completely ignored that, made a major breakout through 13 year resistance and continued running for years.
Albert Einstein once said: “Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions."
More than a decade after the 2008 financial crisis, U.S. monetary policy continues to operate in crisis management mode. Despite a long, drawn out rate-hiking campaign – now paused – the Federal Reserve has yet to bring its benchmark interest rate up to normal...
February 26, 2019
The biggest driver of major markets right now is the possibility of a US-China trade deal. The US government’s wild launch of tariff taxes caused global markets to swoon in the first half of 2018. Gold and the Chinese stock market were hurt more than a lot of other...
In my last article, “The Bears Have it Right: Economy went Polar Opposite of Bullish Predictions,” I laid out my first prediction for 2019 — a recession by summer. I don’t want the following revelations and facts that I have since come across to get lost in comments...
I don’t know if it was the intent of the Fed, but Jerome Powell has managed to trigger a rush into stocks more frenzied than the one that engulfed the last days of the dot.com/tech bubble. The vertical ascent since Christmas in the Dow/SPX is unprecedented on a...
For those of you that do not know me, my name is Avi Gilburt, and my job on our new market analysis site called FATrader.com is to make you think independently about the financial markets, with intellectual honesty being your guide.
Barrick wants to buy Newmont. Trump wants a deal with China. Palladium wants to fly into space. And what does gold want?
– MMT: Modern monetary madness and pet economists. – Can this really be a thing? Actually printing money as an economic policy? – Begin structuring portfolios and lives to avoid being in a tunnel with an oncoming train.
February 25, 2019
Gold miners soared in the last few weeks, broke above their declining medium-term resistance line. The picture is therefore clearly bearish, right? Not so fast – if the outlook was bullish, miners should be leading gold higher, just like they did in 2016, and this...
The best performing metal this week was palladium, up 4.74 percent with platinum on its heels up 4.32 percent with the South African mining industry warning of a week-long strike threat. Gold makes a second consecutive weekly gain.
I’d love to tell you that bulls have been sniffing glue and that they are long overdue for a brutal comeuppance. However, it turns out they are anything but wild-eyed, and their expectations are relatively subdued. AIAA’s most recent survey found that 35.3% of...
The Gold suppression game appears finally to be coming to an end. A Perfect Storm is hitting the Gold market, with an internal factor (QE), an external factor (SGE), and a systemic factor (Basel). These factors can be identified, each very powerful, each with a very...
Ayn Rand famously defended money. In Atlas Shrugged, Francisco D’Anconia says: “So you think that money is the root of all evil? . . . Have you ever asked what is the root of money? Money is a tool of exchange, which can’t exist unless there are goods produced and...
The broad stock market slightly extended its short-term uptrend on Friday following breaking above the recent consolidation. But will stocks continue higher despite some clear technical overbought conditions?
Two days after he started his first job in the Big Apple, Stephen Flood knew he had to quit. As a wide-eyed 21-year-old fresh out of a business course in Dublin, he had thumbed through The New York Times for a way to break into the high-flying world of the US...
February 24, 2019
This week, I might as well repeat what I said last week: “Hope that trade negotiations with China will bring some tangible results have kept the SPX in an uptrend for the past few days, but the technical picture shows a market which is on its last leg.
