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Gold Editorials & Commentary

September 18, 2015

The overleveraging of the U.S. federal, state, and local governments, some corporations, and consumers is well known. This has long been the case, and most people are bored by the topic. If debt is a problem, it has been manageable for so long that it no longer...

From its headquarters at York Factory on Hudson Bay, the Hudson's Bay Company (HBC) controlled the fur trade throughout much of North America for several centuries. Gold discoveries were not reported – it was good policy (as we shall see), on the part of Hudson’s...

Yesterday's article "Is YOUR 'pool' full?" drew many responses and much to my surprise a reply from Bron Suchecki himself! I must say, even though I disagree with some of his writings, Mr. Suchecki is a class act and true gentleman.

Yesterday’s Fed decision was one of the most anticipated ever, with much potential to really change the global financial-market dynamics going forward. But thanks to the Fed’s incredible market distortions of recent years, Fed meetings spawning exceptional...

Demand for physical gold and silver in August and September has been exceptionally strong as investors seek a safe-haven from market turmoil, as the global economy slows down and as it becomes clear that the Federal Reserve and central banks generally are slowly...

New York closed yesterday with the gold price at $1,119.70 up from $1,105.50. Gold then rose in Asia to $1,121.00. In the euro this was €991.16 up €11.11. This morning the dollar index started the day at 95.26, slightly lower than the 95.59 of yesterday.

Commodities and Emerging Markets have been crushed over the past 15 months by the dollar’s strong rally. It therefore follows that if the dollar starts down again, they are going to rally, and this will happen regardless of the state of economies.

The Federal Reserve guessing game ended Thursday after the FOMC made its decision on interest rate policy. The Fed left rates unchanged in a tip of the hat to investors who felt the economy was vulnerable to overseas weakness. This was what most on Wall Street...

September 17, 2015

We think we know that gold is no longer money, because Keynesians and monetarists insist it is so. Furthermore, it has been replaced by government currencies, which we use to buy and sell, do our accounts and pay our taxes. While it is undoubtedly true that gold is...

Given the emerging realisation that the Chinese Emperor has no clothes, and given the lacklustre performance of the Japanese, French and UK markets, and given that Germany’s economy is heavily dependent on exports, where will the growth come from?

Gold rose 1.3% yesterday ahead of the Federal Reserve interest rate announcement today. Markets remain divided and uncertain whether the Fed will increase rates by 25 basis points today (1900 GMT).

A long time ago a friend need help cleaning a kitchen after a pressure cooker had exploded. Apart from a large hole in the ceiling and some broken things all over, it was necessary to clean practically every square inch of every surface, walls and the ceiling...

Here at TDV, we’ve covered Shemitah and the Shemitah end-day extensively. Without rehashing past analysis, we can certainly speculate that Thursday’s Federal Reserve decision could have an explosive impact on markets worldwide. Call it a Shemitah Trend.

September 16, 2015

For about the last year and a half I’ve been warning that gold was being driven down to test the last C-wave top ($1033). No one believed me. Now that the test has occurred it’s time to go the other way. Again no one believes me.

Most gold owners are familiar with worries of forced government gold confiscation – that one day black-ops shock teams will toss homes to find that stash of coins and bars.

Yesterday was a very interesting day, first my mailbox was jammed with readers saying "did you see what Bron Suchecki had to say about you"? Then a second wave of e-mails came through asking if I had seen the article Kitco put out regarding COMEX inventories?

Recently I spoke with Jim Rogers about the most important investment lessons he has learned over the years. Jim is a legendary investor and true international man. He’s always ahead of the game. Jim made a bundle by investing in commodities in the 1990s when they...

Will she raise or will she not? As financial markets focus on whether we will see a Fed rate hike this week, investors may be in for a rude awakening.

While the drain of COMEX gold and silver Registered inventories continues as demand for physical precious metals increases, JP Morgan experienced a 45% decline of its Registered Gold Inventories in one day. JP Morgan now only has a lousy 10,777 oz of gold remaining...

Gold has risen to near record highs in a few currencies internationally. Bullion is again acting as a safe haven for people throughout the world whose currencies are devaluing and for those who are fleeing instability, terrorism and war.

September 15, 2015

For the last several years, many of you may remember that my downside target box for the GLD was within the 98-105 region (with an ideal target of 98), for silver it was between 12.75-14.00 (with an ideal target of 12.75), and the GDX was within the 9.60-13.21...

When the markets were disintegrating approximately two weeks ago and if you were one of the lucky few that opted against joining the bandwagon of panic, you should have had a feeling of déjà vu; sort of like the movie ground hogs day.

Markets are very quiet ahead of the FOMC decision. Gold dipped to 1101.50 in the overnight session, before recovering. We indicated in yesterday's End of Day that we were NOT sure that the correction from the 1108.80 high was complete at the 1102.60 low. The 61.8%...

There is so much to comment on today, it's hard to know where to start. As the title suggests, "war" seems to be the theme. Before getting into the meat, I read an article by Simon Black "The last time this happened was ...never".

Most mainstream money managers and gold analysts believe that US rate hikes are deflationary. In contrast, in the current global economic environment, I see them as inflationary. I made it clear several years ago that I viewed QE as a deflationary force, and...

This week all eyes and ears will be focused on the Federal Reserve's policy statement to be released at 2:00 pm ET Thursday. The Fed has three major paths they can take, with various permutations and combinations flowing off the base scenarios:

One of the best interviews we have seen about gold in recent weeks took place last week. It was a Bloomberg interview which involved Peter Hambro being interviewed by Francine Lacqua and Manus Cranny on Bloomberg Television’s “The Pulse.”

One of the current myths promulgated by Wall Street is that the Federal Reserve will raise rates once this year, breathe a sigh of relief, and be done until the "12th of never". But those who are familiar with our central bank's history are aware that the Federal...

Palladium was the best performing precious metal for the week, up 4.08 percent. According to Goldman Sachs, 70 percent of global palladium demand originates from catalytic convertors found in gasoline dependent motor vehicles. Auto demand has been more than robust,...

September 14, 2015

The original plan for this writing was to point out how volume has dried up from the retail side -- and the machines have taken over. Wall Street has ruined its own "golden egg" by fleecing the public too many times. The little guy has left and for the most part...

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