Mind you that Gold on this run has not recorded 24 consecutive up weeks: indeed seven of them have been down. But the overall weekly parabolic Long trend is now up for the 24th straight week. And as you regular readers know, that's sayin' something.
Gold Editorials & Commentary
February 24, 2019
At week’s close the Dow Jones Index was within 3% of making a new all-time high in the Bear’s Eye View (BEV) chart below. Still, the stock market lacks the excitement most investors seek. But such excitement usually signals the end of a bull market, not its...
February 23, 2019
The year 2019 has started out with rallies in virtually everything—stocks, bonds, metals and even cryptocurrencies—as the spectre of a Friendly Fed has given rise to animal spirits of the most extreme nature.
On September 4th, 2018, we published an article forecasting that gold was about to start a strong rising trend. Please see: Gold’s Long-Term Trend: Up . At the time, gold was trading at 1206.70. Since then gold has risen to 1347.90. We presented several charts that...
Our proprietary cycle indicator is up. Gold sector is on a major sell signal, but that can change at month end if $HUI can close above 170.43.
February 22, 2019
Here are today's videos and charts:
The gold miners’ stocks surged strongly this week, blasting to new upleg highs. The mounting gains are naturally driving more interest in this small contrarian sector, shifting sentiment towards bullish. Despite their accelerating rally, gold stocks still remain...
In the original (1960) classic movie The Magnificent Seven, a Western adaptation of Kurosawa's The Seven Samurai, Vin (Steve McQueen), tells the wry tale of a man who fell off a ten-story building. Passing each floor people heard him say, "So far, so good!"
Over in the gold patch things went from disinterested and downright antagonistic (A Notable Lack of Interest in Gold) to sleepy (Gold “Community” Crickets) to ferociously over bullish.
U.S. debt is now higher than the combined market value of the Fortune 500. The Fortune 500 list includes all the recognizable titans of American business from Apple to Amazon to Exxon-Mobil to the list’s ranking 500th spot, the uniform and laundry company Cintas....
It’s unimaginable what great progress China made in the last forty years. The rise of such economic power triggered many fears (or hopes) about the future international order. We invite you to read our today’s article about the rivalry between China and the US and...
February 21, 2019
The Year 2019 has started out with rallies in virtually everything – stocks, bonds, metals and even cryptocurrencies – as the spectre of a Friendly Fed has given rise to animal spirits of the most extreme nature.
As Chairman Powell has been good at communicating the US central bank’s plans, the recent FOMC minutes do not contain too many surprises. In January, the Fed took investors by surprise, saying that it could be patient on interest rates.
There is an old Yiddish expression called a bubbe meise (pronounced my-seh). I guess the closest English interpretation of this expression would be a grandmother’s tale, or in the common vernacular, an old-wives' tale.
Why it’s time to get into gold – We’re on the cusp of “huge changes in the world” – “Massive impact on the price of the most enduring investment in history: GOLD” – “A gold shock is coming” and “$10k gold is not out of the question”
Wednesday's trading session was virtually flat, as investors hesitated following the recent run-up. Will the broad stock market continue higher despite some clear short-term technical overbought conditions?
February 20, 2019
Over the past few months, we've written frequently about palladium and the threat it poses to The Banks' Fractional Reserve and Digital Derivative Pricing Scheme. As palladium prices are continuing to rise, we thought it best to explain this dynamic again today.
America the beautiful? After fighting and winning two world wars, spending billions to resurrect Europe, sending a man into space and help create institutions like the World Trade Organization, America remains as the world’s leading super economic power. Yet, how...
Bond Market Turned Down & Interest Rates Up – Check! Housing Market Turned Down – Check! Stock Markets Turned Down—Check! Debt Crisis In Progress—Check! Currencies Collapse—More Coming?
Jim Willie interviews Mark O’Byrne of GoldCore about the slowly erupting Global Financial Crisis II and the importance of being financially prepared but also “psychologically prepared”
Below is the combo chart which has the HUI on top, the UUP in the middle and GLD on the bottom. Everything looks fine.
Our research has indicated that precious metals should be setting up for a period of rotation and sideways trading over the next 20~30 days. We issued a research post on January 28, 2019 warning that precious metals would be consolidated over a 30~45 day period...
February 19, 2019
It is my privilege now to welcome in Dr. Chris Martenson of PeakProsperity.com, and author of the book Prosper! How to Prepare for the Future and Create a World Worth Inheriting. Chris is a commentator and a range of important topics such as global economics,...
As US markets re-open after the holiday, the world’s “queen of assets” continues her glorious ascent to higher prices. This is the magnificent short term gold chart. The rise above $1332 ushers in my new short-term target: $1355!
Roughly one year ago and prior to that we observed that the gold stocks could be following the recovery template from what we deemed a “mega bear market.” We define that as a bear market that is over two and a half years in time and over 80% in price. It cuts both...
Wall Street’s absolute obsession with the soon to be announced most wonderful trade deal with China is mind-boggling. The cheerleaders that haunt main stream financial media don’t even care what kind of deal gets done.
There is this pearl of wisdom in the trading world. Plan the trade and trade the plan. We have just seen the importance thereof in the EUR/USD pair. It had positive direct implications for us and you, the subscriber. Does the above influence our outlook on the other...
It is easy to think of government interference into the economy like a kind of friction. If producers and traders were fully free, then they could improve our quality of life—with new technologies, better products, and lower prices—at a rate of X. But the more that...
Since the invention of banking, the global financial system has become increasingly centralized. In the modern system, central banks now control everything from interest rates to the issuance of currency, while government regulators, corporations, and...
On Friday, President Trump declared a national emergency to obtain funds for building a wall along the U.S.-Mexico border, which was his key promise during a campaign. According to the President’s proclamation :
