Several important factors work in a powerful manner to debilitate, to distort, and to wreck the global financial and economic system. It is long past the point of effective remedy. After the Lehman kill event, every conceivable wrong move and policy was made and...
Gold Editorials & Commentary
July 8, 2016
I wrote an article one year ago stating that ONE OUNCE OF GOLD WILL AGAIN BUY THE DOW. In that article I explored the possibility that gold could move up to an extreme as Jim Sinclair and gold bugs believe, of $36,000 or feasibly drop to $900 as Harry Dent believes...
Technical Analysis of The Markets Via Videos.
The red-hot gold miners’ stocks have continued blasting higher this summer on heavy ETF buying by professional money managers. Funds’ ongoing big capital inflows into this market-leading sector have overcome its usual summer seasonal weakness. While gold stocks’...
For some years we have described Brussels as "Moscow on the Maastricht, without the privilege of state murder". Clearly, the above FT comment is not written by an impartial journalist, but by a polemicist for authoritarian government. Had the EU been based upon each...
The spike in the gold price during the holiday weekend triggered a record ONE-DAY surge in mainstream investor gold demand. Investors in the West watched over the fourth of July holiday weekend as the gold price continued higher on early morning trading on Monday...
The last year has been a scary time to be an investor. In 2015, the slowdown in China’s economy caused undue apprehension to investors and contributed to a nausea-inducing rollercoaster ride which began last July and has continued until now.
Over the last few months, I've read compelling arguments supporting lower oil prices. Many oil producers continue producing oil just to meet their debt obligations, no matter what the price. Saudi Arabia is losing its influence as a functioning cartel, and it's...
Against the backdrop of ongoing geopolitical and financial market uncertainty the Chinese central bank has continued to add to their gold holdings in an effort diversify the reserves further. As reported by Bloomberg, China, the world’s biggest producer and consumer...
July 7, 2016
Under certain circumstances, seemingly decent human beings are capable of horrific things. So it is with Former Federal Reserve Chairman Alan Greenspan, who parlayed his sound money bona fides into the top post at America’s private banking cartel and current issuer...
Two short months ago it was generally expected that US interest rates would rise for the balance of the year — a move made possible by steady economic growth and general global stability. Here’s a representative piece of reporting from early April:
GOLD BUYING amongst private investors in the developed West raced to the fastest pace in three years amid last month's Brexit referendum and financial shock.
The fallout from Brexit continues and financial uncertainty can be seen in the markets as the British Pound continues to come under pressure. Furthermore, a growing number of property funds in the UK are freezing redemptions. The Telegraph’s Ben Marlow draws some...
July 6, 2016
Did you know that on June 30, 2016 Sweden’s largest gold distributor TAVEX had their bank account closed by Skandinaviska Enskilda Banken (SEB) stating that it was a “general business decision”. This billion dollar business just had its doors slammed shut as...
On June 16th I wrote an article titled: Do Not Be Fooled By Gold’s Rise! Since then a lot has happened in the markets including Brexit which has resulted in the price of gold rising higher and sustaining. Even former Federal Reserve Chairman believes in the return...
Most rational people with some knowledge of economic history will realise that the US$ will eventually be the victim of hyperinflation. The hard reality is that whenever money can be created in unlimited amounts by central banks or governments, it’s inevitable that...
Gold surged on the Brexit vote a week ago. And consequently spent the early part of this week consolidating the gains. The net gain since the Brexit vote has been impressive, but Gold has still not regained the intraday high from the day after the Brexit vote. Since...
Since 2013, many have called me a gold hater. Many have even claimed that I was a shill for the “manipulators” to provide some smoke and mirrors as to why gold was going down. Many have continually claimed that Elliott Wave does not work, and that the only reason...
Last week my friend John Mauldin, chairman of Mauldin Economics, released a special Brexit edition of his popular investments newsletter Outside the Box. In it he shared a post written by geopolitical strategist George Friedman that describes a recent meeting among...
Safe haven gold continues its strong showing as plummeting interest rates and shaky global equity markets are creating a strong bid in this market. Gold pushed up towards last week’s high and in the process pushed through yet another overhead resistance level in the...
With gold prices having risen by 24% in dollar terms already this year, UBS analyst Joni Teves declared in a note to clients yesterday that “gold has entered a new phase”.
July 5, 2016
The gold price action in 2016 is now getting widespread attention. The upside fun may continue, but when “the crowd” is very excited about the next possible move, the wise professional investor takes the view that a more relaxed outlook may be in order.
I am certain that you remember Lehman Brothers and the "chaos" that it created when it failed. If you think that the Worlds' Central Banks are now wiser -- and consequently will not allow another similar event to occur, think again. We will not only see a repeat of...
The best performing precious metal for the week was silver. Silver trades at a much more volatile spread than gold, thus its over 10-percent price reaction this week, its biggest weekly gain in 15 months (due to the fallout in Europe over Brittan voting to leave the...
The real after inflation yield on US Treasuries is NEGATIVE all the way down the maturity yield curve. As I write, the 30-Year T-Bond is listed at 2.14%. The May CPI came in at 0.2% – in line with the recent trend – showing the CPI rising at a 2.4% annual rate. So a...
The prices of gold, platinum and silver are important – as they communicate valuable insights. Consider the price of monthly gold for the past 20 years – log scale below.
While investors have been focused on the perennial failed hope for a second half economic recovery, they have been missing the most salient point: the US most likely entered into a recession at the end of last quarter.
The precious metals complex looks toppy here…and a pull-back is warranted into the end of July (see chart below for added information). The stock market is in a critical zone. The 4 TD low is overdue by 1 TD and the 8 TD low is due on July 8th. The 16 TD low is...
By now you've read about the "Brexit" and why it was or was not a good idea. A presidential contender found himself in the middle of further discussion when discussing his golf property and how the Pound's demise might help his fortune. This is not what this article...
July 4, 2016
The banksters, by manipulating the price of gold and artificially creating a bear market, have created what will likely turn out to be one of the greatest opportunities ever seen. I’ve maintained all along this was their goal. To create the most destructive bear...
