We saw some volatility come into stocks this past week after the slow solid grin higher we’ve been enjoying since early November. I do not think this is a top, rather, a little shakeout, or shake and bake. Volatility comes on the upside and downside. Consequently,...
Gold Editorials & Commentary
February 26, 2017
Gold has been thrice thwarted these past three weeks at the underbelly of the 1240-1280 resistance zone, coming off this last StateSide holiday with price again capsizing back down into the 1220s. But then, 'twas as if our call a week ago to "successfully summon...
The Dow Jones continues rising like a bat out of hell. Of the past 72 NYSE trading sessions, the Dow Jones broke above to a new all-time high in 29 of them. That’s a new all-time high in 40.2% of the daily closings since November 9th. If this continues I’ll have...
The stock market DOW seems to go up almost every day with the election of Donald Trump as President. The big picture analysis given in our other article indicated otherwise. The “Trump” peak will soon meet the reality of being overvalued. In this article, we...
With the election of Donald Trump as our President and his views espoused during last year’s election, there is expectation of dramatic changes in 2017 and beyond. His policies of protecting and enhancing manufacturing, together with spending in modernizing...
February 25, 2017
Gold sector is on a major buy signal and short-term is on sell signal, indicating a pullback is in progress.
February 24, 2017
Gold has powered higher in a strong new upleg since the Fed’s mid-December rate hike. But the core group of traders who usually fuel early-upleg gains has been missing in action in recent months. The gold-futures speculators have not done any meaningful buying...
Western Central Banks have a real knack for timing the sale of their gold reserves. They are absolute experts when it comes to picking the bottom of the gold market. Central banks in the UK, Switzerland and Norway, to mention a few, timed their sales to perfection...
Bloomberg News admitted that it is aware of the Fed’s “hidden” mandate to control the price of gold when it published an article last Sunday titled, “Yellen Can’t Halt Trump Gold Rally That Funds Bet Against” – Bloomberg/Yellen/Gold.
Filed under the category ‘smartest group of subscribers in the world’, I got an email from NFTRH subscriber Joe F. last week as I was mechanically managing the gold market in my somewhat downplayed, unexciting way…
The stage has been set for high levels of uncertainly…and with uncertainty comes opportunities in commodities.
Gold pushed to near a four month high amid heightened political uncertainty in the U.S. and the EU this morning. Gold rose another $6.40, or 0.5%, to $1,258 an ounce and is currently set for a 1.5% gain this week. It is higher for a second day today and looks set...
The broad stock market fluctuated along its Tuesday's record high yesterday, as the S&P 500 index lost 0.1%. Will the uptrend continue despite some clear short-term overbought conditions? Or is this a topping pattern before downward correction?
Anytime the Dow Index makes a new high, you can be reasonably assured of hearing the B-word bounced around in the media. Memories of the last bubble are still vivid and painful enough to trigger flashbacks of the bubble’s collapse. It’s only natural then that...
February 23, 2017
Lately, the Cartel has been throwing everything – including the kitchen sink – at Precious Metals; in silver’s case, vigorously defending its latest “line in the sand,” at the 200 DMA of $17.96/oz; and in gold’s, at its 200 day and 200 MONTH moving averages, both of...
An incredible amount of fraudulent, virtual silver is being created in order to cap price and paint the chart. Will JPM and the rest of The Evil Empire be successful once again in capping price and routing the Specs. The reaction to today's FOMC minutes may help to...
‘We All Dream In Gold’ read the strap line for last year’s Academy Awards. This is no doubt still the case for the nominees of the 24 awards set to be given out at this Sunday’s 89th Oscars.
February 22, 2017
It’s Tuesday morning, and the Euro was crushed overnight – to within less than a percent of the 14-year low of 1.047/dollar set earlier this year; in turn, causing the cost of living for hundreds of millions of Europeans – and millions of other people whose fiat...
Notwithstanding the strong demand for gold and silver globally, buying activity in the U.S. retail market for physical bullion has fallen noticeably in the wake of Donald Trump’s election victory. And retail selling in the U.S. has increased. The bullion markets...
Steve St. Angelo wrote an insightful article relating the silver to gold ratio to the S&P 500 Index. I encourage you to read his articles and analysis.
Inflation just got another jolt, rising as much as 2.5 percent year-over-year in January, the highest such rate since March 2012. Led by higher gasoline, rent and health care costs, consumer prices have now advanced for the sixth straight month. In addition, January...
For those that have been following my analysis since I began posting it back in 2011, you know that I do not buy into the common “market speak.” In fact, when so many were looking for a dollar crash back in 2011, I was calling for a multi-year rally in one of my...
The War on Cash is not merely continuing, it is intensifying. It began in the West, with relatively minor infringements on our right to use the currency of our own nation. The War has now shifted to India, been radically ratcheted up, and inflicted upon a population...
Is 2017 even real? What kind of weird, fantastical twilight zone have we entered into? The world has been turned upside down and I will continue to point out the bizarre and unusual things that continue to be said and acted upon as we go forward. If past results are...
February 21, 2017
Since the financial crisis of 2008 up until today…government leaders, our political advisers, and our banking administrators have essentially accomplished ‘nothing’ meaningful. Our financial problems today are actually much worse than during the last crisis. Our...
Inflation just got another jolt, rising as much as 2.5 percent year-over-year in January, the highest such rate since March 2012. Led by higher gasoline, rent and health care costs, consumer prices have now advanced for the sixth straight month. In addition, January...
I have recently written a few articles discussing my directional perspective on the S&P500. In fact, my long-term target has been 2537-2611SPX for years now. Moreover, before we entered 2016, I noted that I was looking for a rally to 2300SPX in 2016, but with...
Consumers of financial news will hear the word “risk” thrown around a lot. We hear of “risk-off” moves and “risk-on” days. Although used amply, it’s rarely—if ever—quantified. As understanding risk is crucial to making informed investment decisions, how can it be...
When the Federal Reserve raised interest rates in December—and then laid out a plan to do so three more times in 2017—theory suggested gold should fall. As gold is a non-yielding asset, the cost of holding it increases as rates rise. However, theory doesn’t always...
In December, we argued gold’s post-election decline didn’t reflect its fundamentals and that now could be a good time to add some to your portfolio. It just so happened that shortly after, the price began rising.
