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Gold Editorials & Commentary

December 10, 2015

Earlier today, the U.S. Department of Labor reported that the number of initial jobless claims in the week ending December 4 rose by 13,000 to 282,000, missing analysts' forecasts. As a result, the USD Index moved slightly lower, but did it change anything in the...

The Indian government made headlines recently with its attempts to obtain possession of the gold held by its citizens. It claims it is in the national interest to restrict gold imports, which would reduce India’s trade deficit. Accordingly, Indians are being asked...

Every day hundreds of forecasters, investors and technical analysts tell us where the precious metals sector is headed. We are continually bombarded with trading and investment advice on how to trade gold, silver and miners. Unfortunately most of this advice does...

In 2008 the world experienced the worst economic collapse in 80+ years. This collapse triggered a stock market crash that erased $30 trillion in wealth. Since that time, collectively Central Banks have cut interest rates over 600 times and have printed over $15...

Morgan Stanley surprised everyone or, at least, tried to by stating that it was no longer going to be easy to make money in the equity markets. Let’s stop, right there; was it ever really easy. If it were everyone that jumped into the markets would be wealthy,...

We continue on the Fed and the expected interest rate increase in December. We have already said that the gold trade is now about the future path of the hikes. In this article, we analyze how futures markets view rate hikes and what it implies for the gold market....

We are now at the dangerous end-game period of a very bold but very reckless & disappointing experiment with the world’s fiat (unbacked) currencies. If this experiment fails – and we observe it’s in the process of failing – gold will provide one of the best...

Price recently traded down to support outlined in previous analysis before reversing and trading higher in impulsive style. While a turn back up was expected in order for the bear rally to embark on the final leg higher, this move was on the back of the ECB...

Watching the price action in the currency markets it is becoming clearer to me that the Forex crowd has now moved beyond any expected rate hike by the Fed next week and has shifted its focus to “WHAT COMES AFTER THAT?”

December 9, 2015

This morning's Dollar Index (DXY) weakness is pressing towards a test of last Thursday’s (12/03) Draghi-ECB low at 97.59. If violated and sustained, this will increase the likelihood that the Dollar is in the process of establishing a March-December Double Top after...

Many situations around the world now look to be coming to a head. Geopolitically the East/West push and pull has heated up in the Middle East. Iraq now looks to be pivoting toward Mr. Putin and Russia and away from the U.S.

There is much discussion in the financial press regarding the upcoming Federal Reserve meeting on December 15-16 and the likelihood of an increase in the Federal Funds Rate, which has been held close to 0% by the Central Bank since the financial crisis of 2008.

Ever since the US left the gold standard for good in 1971, some politicians and investors have called for its return. At one of the Republican presidential debates in October, Texas Senator Ted Cruz became the latest, touting the stability and booming prosperity the...

Despite widespread pessimism, apathy, and derision towards the sector, gold and gold stocks present an extremely rare opportunity. Gold stocks are on track to record 5 years of losses starting in 2011 with the $HUI gold bugs index plunging 84% percent from 2011 to...

As I noted over the weekend the bears are bearish, the bulls are bearish and the gold bugs have resigned themselves to “hoping.”

Last week, House and Senate negotiators reached an agreement on a five-year $305 billion highway bill, which would be partly financed by the Fed surplus funds. What does it imply for the Fed’s independence and the gold market?

During the last two weeks Gold first continued to slide down towards the big psychological number of $1,000. It seemed to be just a question of a couple more down days before Gold finally would reach this longterm target.
Yet on December the 3rd Gold became very...

With blood in the streets across the entire commodities sector, Future Money Trends interviewed ‘Silver Guru’ David Morgan of the Morgan Report about the outlook for markets and why he remains bullish on silver and gold.

December 8, 2015

Over the past year, while the U.S. economy has continually missed expectations, Federal Reserve Chairwoman Janet Yellen has assured all who could stay awake during her press conferences that it was strong enough to withstand tighter monetary policy.

-For over four years, capital has been flowing from Europe into the US Currency and Economy to get better returns. -The rising dollar and S&P 500 crushed commodities and emerging economies over the past several years. -Geopolitical uncertainty throughout the...

Gold reached a new low of 1065.80 in the overnight session, which is now a 50% retracement of the rally from 1045.40 to 1088.20. We did mention in yesterday’s Posts, that we thought we still had an incomplete impulsive sequence from the 1045.40 low to the current...

When times change, champions change with the times. To survive in the West’s new era of long-term slow growth, business owners have essentially had to reinvent themselves. Their mantra is adapt or die.

When the economic model for the U.S. and the world is based on ever increasing debt levels the end result will be an inevitable failure. How long could your home and family exist with a model based on always increasing your personal debt?

Fed Chairwoman Janet Yellen is going to raise interest rates in December. She basically reiterated her view on the economy and the future of the Fed policy on Wednesday at the Economic Club of Washington and said that the U.S. had recovered substantially since the...

Crude oil declined sharply and closed the previous week under the lower border of the consolidation (marked on the weekly chart), which suggests that further deterioration is just around the corner. Therefore, short positions (which are already profitable as we...

Oil is plunging again, this time in the wake of OPEC's inability to limit its members' production. The US dollar, meanwhile, is up on the divergence between Fed tightening and ECB/BoJ/BoC easing.

Ted Butler is globally recognized as a sterling pundit and erudite scholar in the silver industry. His writings about precious metals (especially silver) are comprehensive, detailed…and occasionally prophetic in identifying aspects that help determine silver’s...

Despite gold at near 6 year lows, global demand for physical bullion remains very high. This is clearly seen in the recent demand data from the US Mint and other mints and demand data from GFMS and the World Gold Council which shows very robust demand from Germany,...

December 7, 2015

The precious metals markets rallied strongly in recent days – action which came as a surprise to many. The gains last week snapped a 6-week losing streak for gold, silver, and platinum. Prices rose despite a stronger-than-expected November jobs report raising the...

This month, like many other months recently it’s the intentions of central bankers that are dominating the markets. It’s widely expected that the ECB and US Fed will drift even further apart in their basic policy stances this month. I’m pretty sure that view will...

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