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Gold Editorials & Commentary

October 28, 2016

The US-elections are getting close and while mainstream media is already sure about the outcome I think there is still room for a big surprise. Looking at the market it is clear that the participants are not as sure as the mainstream media. Otherwise we would have...

Whether you surf the Internet for information about the precious metals and mining stocks or receive newsletters by snail mail, you're exposed to predictions by all and sundry: How high will prices go? How long will it take? Will they remain elevated if/when they...

October 27, 2016

For almost two decades, these institutions manipulated rates for their own benefit. Is this the latest hedge fund rigging scandal? No, it’s the world’s leading central banks, including the Bank of Japan (BOJ) manipulating interest rates, after rounds and rounds of...

There is little doubt that the rapid expansion of both dollar-denominated debt and monetary quantities since the financial crisis will lead us into a currency crisis. We just don’t know when, and the dollar is not alone. All the major paper currencies have been...

The USD Index confirmed the breakout above March highs, silver outperformed temporarily, miners underperformed and… Despite this bearish combination, precious metals didn’t decline. Why wasn’t that the case? Will they still slide or will they rally from here?

For anyone wants to make money in the markets, you need to understand one thing. Bonds are the “smart money.” This doesn’t mean that stock investors are dumb. It means that the bond markets are much larger and much more liquid than the stock markets. Because of this...

At a monetary conference in Vienna back in 2014, the distinguished Frenchman friend, and occasional collaborator Jacques de Larosière proclaimed that the current world monetary order should be termed an “anti-system.” He has a point – an important point. Among other...

In June the UK shocked the world - or at least the world’s elites - by voting to pull out of the European Union. Economists predicted disaster, EU leaders threatened pain for British exporters and tourists, and the media settled in to watch the UK shrivel and die....

Satyajit Das has written an excellent article in Bloomberg which clearly details the risks facing the global financial and monetary system and how central bankers are out of monetary ammunition and weapons.

October 26, 2016

After recently hitting our 5th anniversary at Elliottwavetrader, and now exceeding 3,000 members, I have learned quite a lot about market participants. For example, the one thing that hurts investors the most is when they lie to themselves or allow others to lie to...

Manufacturing activity in the eurozone strengthened sharply in October, beating expectations, according to “flash,” or preliminary, purchasing manager’s index (PMI) data. The region is growing at its fastest pace so far this year, having climbed to its highest...

Since the Federal Reserve raised its target interest rate last December, every dovish or hawkish comment from Janet Yellen and other voting members of the Fed has sent stock, bond, and commodity markets into flux.

Max Keiser and Stacy Herbert have interviewed Jan Skoyles to discuss how gold is the “Kardashian of Commodities” and “future-proofing your portfolio with gold”.

We’re about to enter that time when financial commentators offer up their best guesses as to what investors can expect in the Near Year. It always makes for fun reading, but it also never fails to disappoint. Instead of engaging in that tired exercise in futility...

October 25, 2016

A bull-trap reversal hit the green line, putting a 20.24 downside target theoretically in play. Accordingly, we should look to trade the ETF with a bearish bias. That implies you could either look to get short now via camouflage, or wait until GDX trips a ‘...

With the state of post-Op/Twist systemic dysfunction, there are no absolutes, but… Generally, a rising yield curve (after years of Goldilocks and her favored declining curve) would signal changes in financial markets. But it is not as simple as stating “the curve...

The Western central bank franchise system is totally broken, totally insolvent, and totally corrupt. It invites the Gold Standard return. The entire financial system is built upon a debt-based monetary system. The debt saturation process has run its full course. The...

The US election is now only about two weeks away. The winner of this election is likely to be…GOLD. Here’s why: Both candidates are eager to increase infrastructure spending, and that’s likely going to open the door to congressional discussion of the issuance of...

The Value Of Gold. “Unlike paper currency, coins or other assets, gold has maintained its value throughout the ages.” Jill Kerby, personal finance expert and Mark O’Byrne, Research Director of GoldCore were interviewed by Sinead Desmond of ‘Ireland AM’ on TV3 this...

My father was Hugo Salinas Rocha -"Salinas" was his father's surname, and "Rocha" was his mother's surname; the custom of using both parents' surnames is universal in Latin America. Father was a successful merchant in Mexico City, and in the 1930's he ran a store in...

Back in September we looked at a possible morphing Diamond pattern on the GDXJ in which the dashed trendlines were showing the original Diamond. When it started to morph into the bigger Diamond I added the two red circles that showed the false breakouts from the...

The monetary debate seems artificially limited. On one side is Federal Reserve policy based on discretion. On the other is policy based on rules. It’s Keynes vs. Friedman. It’s central planning of our economy based on the reactive whims of wise monetary planners vs...

Frank, it's good to have you back on. Congratulations on another well-deserved award and thanks for joining us again today.

October 24, 2016

Last week I presented at the MoneyShow in Dallas, where sentiment toward gold was a bit muted compared to other recent conferences I’ve attended. The yellow metal has certainly taken a breather following its phenomenal first half of the year, but the drivers are...

That question and other ones similar to it keep coming up lately and understandably so. Gold usually drops when the USD rises, but lately we do see both rising at the same time. I called a low in Gold recently and have been trading in the Precious Metals sector....

SPX appears to be making a rounding top and should see the correction steepen into its mid-to-late November low, perhaps ending with a small climactic move before the start of a new uptrend.

Another week without much major price action, gold +$16 and silver +$0.12. At least if you look at the closing prices. However on Monday after New York market hours, there was quite a spike in silver. The close was $17.46. The price was up 10 cents by midnight in...

October 23, 2016

Gold plunged through support a few weeks ago…followed by a basic lateral move. Speculators are now waiting for the next move, but which way? Here again we have to go to our technical picture to see what the odds are one way or the other.

How many of you approach life expecting “certainty?” How many of you always see all your plans through life work out exactly as you had expected? Think back to just the past year alone, and ask yourself how well those things you were so “certain” of last year have...

The S&P500 is in a very precarious position and looks set to drop over the coming months. After the Brexit risk rally, where it appeared that central banks would once again step in with yet more stimulus and QE, the S&P500 broke out to new highs, but since...

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