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Gold Editorials & Commentary

October 27, 2013

The Dow Jones has seen a nice recovery off its credit crisis lows of March 2009. In the last 4.5 years it’s up about 138%. Don’t you wish you had bought stocks on the 09 March 2009 bottom? It’s easy to say that today, but in March 2009 the only people buying...

There is a ridiculous amount of time spent on what the Fed will do or won’t do or analysing the latest economic figures. Very few people use their own brain to figure out the obvious. And the obvious is that debt which has been growing exponentially in the last 40...

“This could turn into a very violent wake-up call for [screen-traded gold]. People talk about ‘fiat currencies’, but we also have ‘fiat gold.’ Volatility is too cheap right now.” — Gold refiner quoted by John Dizard in his Financial Times column this weekend

Since the 1930s Great Depression the U.S. Dollar’s value has been in a Kamikaze-like Dive. Another way of describing the disastrous history of the greenback is to simply say: Measured against gold, the US Dollar purchasing power has drop by 99.9% during its lifetime...

October 26, 2013

Left to the realities of supply/demand factors, gold and silver would be considerably higher, already. We can think of no other commodity situation with unprecedented demand and shrinking supply that has done anything else than drive price much higher. The fiat...

Long term – on major sell signal since Mar 2012. Short term – on buy signals. Gold sector cycle – up as of 10/25.

Now that another annoying gut check moment is safely in the rearview mirror, we can all get back to the business of filling the punch bowl yet another time. Yep, once again, we’ve proven ourselves to be among the dimmest of bulbs and are going right back to the bag...

October 25, 2013

In this weekend’s article, we tackle three major topics that may alter the way you invest: How the Fed impacts asset prices. The market does not care what you think. Using concepts 1 & 2 to compare 2007 and 2013.

With the last all time closing high on the Dow Jones Industrial Average having occurred on September 18th, it is an indisputable fact that as of this writing, structurally, the advance out of the 2009 low remains intact. From a Dow theory perspective, the bullish...

Its long tentacles can reach out in any direction, grasping its prey in an inescapable vice-like grip. It can be found in all of the world’s oceans, is highly intelligent and has a varied arsenal of survival strategies that include a diverse palate, deft abilities...

Investor sentiment towards precious metals is at the lowest level in over a decade. Many analysts believe the bull market is over and are calling for sub-$1,000 gold in 2014. Even diehard gold bugs are losing faith, as the correction has been longer and more severe...

How expensive was the 16-day partial shutdown of the U.S. government? According to ratings agency Standard & Poor’s, it may have cost the economy a staggering $24 billion.

Chart analysis On Gold, US$, T-Bonds, Silver and GDX via Videos.

After 12 years of gains, gold has fallen nearly 20% this year. The price of gold has been pressured for much of this year by the view that the Fed would end its stimulus program soon because of strength in the U.S. economy. However, some recent (weaker than expected...

My best guess continues to be that stocks will extend this consolidation on Friday and then deliver one more push higher into the FOMC meeting next week. I expect the Fed will confirm no tapering, which will likely trigger a big rally and probably reversal as smart...

The PRICE of wholesale gold slipped but held near 1-month highs Friday morning in London, heading for the strongest week-on-week gain since mid-August at $1343 per ounce.

Monetary inflation, by whatever euphemism and at multiple stages in its cycle, has clear benefits to some but major disadvantages for the majority. Sadly, the impact of the final leg of the century- long monetary experiment may be far uglier than many would like to...

October 24, 2013

The lack of reported inflation allows the Fed to continue fuelling the markets ad infinitum whilst at the same time eroding the little wealth the middle class still has left and boosting the enormous wealth of the top 10% of our society. As a result the Fed is...

Speculators in Wall Street learned a new term recently, the “Chinese Dama” (中国大妈), which refers to middle-aged female shoppers who can move markets. After the gold price fell significantly—by more than $200/ounce in April—the Damas moved in, purchasing gold as if...

On July 13, 2011, the president of the United States angrily walked out of ongoing negotiations over the raising of the debt ceiling from its legislated maximum of $14.294 trillion dollars. This prompted a new round of speculation over whether the United States...

Indian Imports & Temple Gold - We feel it important to raise this topic once more in this series because Societe Generale, the French bank has stated that if the Indian government does not handle this matter well there could be a run on the Indian Rupee. Why?...

The PRICE of gold gained $10 per ounce in London trade Thursday morning, gaining 2.2% for the week so far to trade at $1346 as several analysts said they were "turning bullish".

A month ago we noted that the gold stocks were headed lower and to a potential double bottom that would create another great buying opportunity. After seven straight weeks of price declines, the gold stocks rebounded last week and are off to a good start this week....

October 23, 2013

In what started as a depressing month for gold investors has turned positive with metals and mining stocks posting their best performances since August.

To paraphrase William Shakespeare, “the debt ceiling drama is a tale told by idiots, full of sound and political fury, signifying nothing.” We now have a reprieve for three months – the 11th hour deal, complete with payoffs and the usual corruption, will keep the...

U.S. stocks have been on a tear. The S&P 500 Index has climbed a surprising 20 percent so far this year, as a global synchronized recovery takes shape and funds flow back to equities. As I often say, investors take risks when they try to stop a bull run, and...

October 22, 2013

The rationale for investing in the precious metals sector remains compelling, in our opinion. That rationale rests on two fundamental pillars. Firstly, world-wide fiscal and monetary policies have been directly and indirectly subsidizing asset values, which makes...

The US government is finally releasing the jobs report today. Most institutional players are expecting the report to show that about 180,000 new jobs were created in September. Many analysts believe this report is not too important, because data may be missing due...

I have every reason to believe gold will easily hit $5,000 or higher by mid-2016. For starters, just consider the following. 1. The Washington fiasco. Many are jumping for joy that Washington D.C. finally agreed to end the shutdown and raise the debt ceiling so it...

The recent months have been tough for the U.S. currency. Since July the greenback has lost 6% and dropped to a new eight-month low on Friday. Investors avoided the dollar, firstly after the Fed opted against cutting its stimulus in September and then as the budget...

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