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Gold Editorials & Commentary

August 19, 2016

“Those who wish to seek out the cause of miracles and to understand the things of nature as philosophers, and not to stare at them in astonishment like fools, are soon considered heretical and impious, and proclaimed as such by those whom the mob adores as the...

The Rothschilds are buying gold through their investment house RIT Capital Partners and Lord Jacob Rothchild is warning about the results of “the greatest experiment in monetary policy in the history of the world”.

August 18, 2016

Since before recorded human history, the people of India have had an insatiable appetite for gold, treasuring it not only for its flawless natural beauty and religious significance but also as a superb store of value. This tradition carries on today, with India’s...

It’s Thursday morning - and there are nearly a dozen “PM bullish, everything-else-bearish” headlines worthy of distinct articles. Such as… 1. This shocking, and hilarious, segment of the John Oliver show, depicting how subprime auto lending has officially reached...

Picture if you will the Fed governors and their midget boss sitting around a long mahogany table, each in his best Emmett Kelly pastiche: bulbous red noses, scraggly mops of rust-colored hair, size 36 shoes, kayak-sized white lips framed by five o’clock shadow that...

Gold and silver mining stocks have embarked on a rally this year that could prove to be one for the record books. The leading exchange traded fund for the sector, VanEck Vectors Gold Miners (NYSE:GDX), shows an incredible 125% year-to-date gain. That far out-...

The Arizona House of Representatives has convened an Ad Hoc Committee on Gold Bonds. The purpose is to explore if and how the state could sell a gold bond. This is an exciting development, as the issuance of a gold bond would be a major step towards a working gold...

There are many reasons to believe that “the mother of all bull markets has only just begun” for gold. So believes Peter Grandich, the market analyst dubbed the “Wall Street Whiz Kid” whose track record speaks for itself. He called the Wall Street Crash in 1987 and...

Government today is waging war on its citizens, who pay with their life’s work. Soon a great transfer of wealth WILL occur, but it will not be a transfer of inheritance from family but a transfer of the populace’s last wealth. This transfer, to the elite .005%, whom...

August 17, 2016

This week 45 years ago, August 15th 1971 to be exact, President Nixon suddenly declared the end of the Gold Standard. He ushered in the modern monetary system based on fiat paper and digital currency that works so poorly for us today and led to the global financial...

Last week it was mentioned how a miraculously high Non-Farm number has again been announced (just like in 2012). Now that Trump’s statements on the poor state of the US economy have received much media attention and comments from many important personages, we also...

August 16, 2016

We started following this US dollar index about a year or so ago, which has a more equal weighting of different currencies than the $USD. Even though I don’t post it much, this Alternative US dollar index has some very interesting Chartology on it, which may be...

This past week certainly saw a lot of action in the metals, but we did not see any real movement by the time we closed the week. In fact, gold and silver ended near where they began for the week, whereas GDX did have a little upside progress on the week.

Gold was moderately higher in yesterday’s day session - as it continued moving higher in the overnight session reaching a high of 1360.80 at the time that this Post was being written. In spite of this current rally, we doubt that gold is about to break out to new...

The US dollar is coming under severe pressure vis-a-vis the Japanese yen this morning. That’s good news for gold.

Some asset classes in normal times are expensive while others are cheap, making it easy to use historical relationships to decide where to invest. That's not the case today. Every major asset category, including stocks, bonds and even precious metals are looking at...

Yesterday was the 45th anniversary of that fateful day when the last vestiges of any kind of gold standard for our currency were cut by President Nixon. Today's program will take a look at gold 45 years later…with special guest Parker Vogt of Camino Coin.

The picture is clear: The Powers-That-Be in Wall Street and Washington, the “Deep State,” military contractors, Big Pharma, Big Ag, The Federal Reserve, Mainstream Media, the DNC and RNC and others want to maintain the transfer game…because the following will...

Gold in UK pounds neared its post-Brexit high overnight as sterling fell sharply on currency markets due to concerns about rising inflation as shown in data today and the outlook for the UK economy.

Last Friday marked one week since the start of the Rio de Janeiro Olympics, and it’s been nothing short of amazing. Michael Phelps, whose name should forevermore be synonymous with the Olympics, won his 22nd overall gold medal. He also was awarded his 13th...

August 15, 2016

Our Federal Reserve is composed of labor market economists who place their faith in the theory that inflation is spawned from too many people working. They believe there is a trade-off between employment and prices, where price stability and full employment cannot...

An increase in the amount of gold bullion held by GLD (the SPDR Gold Shares) and other bullion ETFs does not cause the gold price to rise. The cause-effect works the other way around and in any case the amount of gold that moves in/out of the ETFs is always trivial...

The best performing precious metal for the week was gold, holding with a one basis point drop. According to the World Gold Council, global gold demand in the second quarter increased 15 percent due to a 141 percent rise in investment demand. The Royal Mint also...

We have already figured out that, faced with the choice between doing “helicopter money” and allowing a deflationary implosion to occur, those in power will elect the former. The reason is because it buys them more time by keeping the system limping along for longer...

The prices of the metals didn’t change much last week. We thought we would take this opportunity to quote Warren Buffet. His comment at Harvard in 1998 earns him the despite of the gold community.

In spite of the historic sideways price action we have seen the past month, the past two and three-quarters years have been one of the most volatile stock market periods in history!

August 14, 2016

Gold closed the week very slightly lower. However, there are indications that more downside may be ahead. For now this downside is not seen as serious - and new highs may be expected after the short slide is over. However, surprises happen, so one must keep his...

After 15 years of “each day worse than the next” market manipulation – much of which, is done overtly – the thing that amazes me most is how few people care. Sure, hundreds of millions of Americans – and billions of foreigners – have neither the resources,...

As the precious metals prices surged this year, so did US petroleum inventories. While rising gold and silver prices are a positive sign for the precious metals industry, the surging US petroleum inventories are extremely negative. However, the prices of the...

On Thursday of this week, the Dow Jones made a new all-time high, its eighth since July 12th. Looking at the Dow Jones with its 52Wk High and Low lines below, we see its 52Wk High Line (Green plot) has been pushed above 18,500.

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