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Gold Editorials & Commentary

October 12, 2013

Current investing model favors equities and both the growth and energy sector are on major buy signals. Investors should wait for corrections in the markets to enter or re-balance their portfolios. There has not been a multi week correction in 2013 and until that...

Long term – on major sell signal since Mar 2012.
Short term – on sell signals.
​Gold sector cycle – down as of 9/13.

The Hong Kong gold import and export numbers for August are in and it’s clear that the unprecedented level of exports to Mainland China continues unabated. On a net basis, Hong Kong shipped a generous 110.5 tonnes of gold to the Mainland for the month.

A very interesting week that saw markets go into full blow big time correction mode with many gains that took weeks to accumulate wiped out in a single day if you weren’t out prior to it which we were luckily, but just barely.

October 11, 2013

Emerging markets were under pressure all summer from fears that the U.S. Fed would begin to taper back its QE stimulus. More recently, it was widely expected the battle in Washington over raising the debt-ceiling would add to the selling pressure.

Chart analysis On Dow, Gold, GDX And Silver via Videos.

Gold stocks continue to be universally despised, plagued by extreme bearishness. This has hammered their stock prices to epically-undervalued levels that are truly fundamentally absurd. This whole sector is now trading as if the gold price was less than a third of...

Since the U.S. shutdown began last week gold has been trading in a tight range between $1,277 and $1,330 per ounce. Although investors have believed that worries over the debt ceiling would be only short-lived, it seems that each day that passed without an agreement...

"After listening to some of this morning's speakers, I made sure to program the number of the suicide hotline into my cell phone," real estate expert Andy Miller joked at the beginning of his speech. And legendary natural-resource investor and chairman of Sprott US...

What is it about gold that makes people view it differently than any other asset class, creating an almost religious fixation* on the metal? As long-term monetary insurance, you would think that it would be among the more boring items; sort like insurance annuities...

WHOLESALE and futures prices for gold dumped 1.8% inside 2 minutes Friday lunchtime in London, extending the week's losses to $50 per ounce at a 3-month low of $1265.

Perhaps the greatest indicator that the end is near for a fiat currency is the return of the clarion call: "We owe it to ourselves!". Such is the ultimate capitulation and politically unifying mantra. Once the debt ceiling is raised literally, figuratively once and...

October 10, 2013

If you were willing to examine the investment landscape without bias, there were seven reasons to remain very open to a big rally in stocks, rather than a 2011-like plunge:

A new method of taking private sector wealth has been spreading around the world this year. This mechanism is called a "bail in", and it is based on the premise that there are certain entities which are too important for the well-being of the general public to allow...

The US debt is estimated to be approaching $17 trillion. In theory, this should already be over the debt ceiling of $16.7 trillion. With a debt to GDP ratio in excess of 90% economists Carmen Reinhart and Kenneth Rogoff have estimated that it lowers growth rates by...

It may be in the reader’s mind that somehow all gold markets come together at some point and an exact representation of demand and supply is given by the gold price. The reality is that most markets are entirely separate from each other and reflect the buying and...

WHOLESALE PRICES in Asia and London for physical gold slipped again Thursday morning, dipping back below $1300 per ounce as politicians in Washington mulled a short-term fix to avoid the $17 trillion debt ceiling triggering a government default in one week's time....

October 9, 2013

Price action isn't the big players' big concern in gold and silver right now... "FAITH and RELIGION," said Edel Tully of UBS, the Swiss investment and bullion bank. "Those were key themes," she said, summing up this year's LBMA conference last Tuesday evening.

Looking at the chart of crude oil from today’s point of view, we can say that the first week of a new month and a new quarter was quite good for oil bulls. Although we saw a drop below the August low and the 38.2% Fibonacci retracement level, the buyers didn’t give...

So what spooked the Federal Reserve? Clearly the Driver$ of the global markets is the sudden and unexpected change in expectations regarding "TAPER" If we can understand the real reasons behind the Federal Reserve's abrupt face we may be better able to determine the...

Paper currencies seem normal. They seem natural. We are told they are necessary. Paper currencies with no intrinsic value are used everywhere – we pretend they are valuable. If we don’t look closely, or remember the world of 60 years ago, they seem like a good idea...

The WHOLESALE price of gold gave back this week's 1.4% gains Wednesday morning in London, dropping below $1310 per ounce as European shares recovered earlier losses.

October 8, 2013

A question being asked more frequently than ever by informed readers is “what happens next?” This is understandable, and not a reflection of these individuals becoming either more curious or simply more obtuse.

The recent week was tough for the U.S. currency. Investors avoided the dollar as uncertainty over the U.S. government shutdown and the upcoming debate on the debt ceiling weighed on sentiment. The shutdown, with its suspension of funding for government workers and...

The PRICE of gold halved yesterday's gains in London trade Tuesday morning, slipping below $1320 per ounce as European stock markets extended their drop and the US government shutdown continued.

October 7, 2013

The financial markets have been treading water for weeks hoping the political process will bear something resembling fruit. Monday stayed on the “little in the way of progress” script.

In this Weekend Report I want to continue looking at the precious metals stock indexes and the consolidation patterns that have been building out since the June low. The reason I’m spending so much time looking at this possible consolidation area is so you can get a...

The analytic discussion and defense of viewpoints concerning the grandest asset bubble in history is covered, as well as exposure of corrupted markets. In addition, take the opportunity to discuss intriguing human psychology regarding forecasts. It might be...

One of the main events of recent days was the first U.S. government shutdown in 17 years. Light crude dropped to a new monthly low at $101.05 on concerns that this event would reduce demand for black gold in the world's largest oil consumer market. In the previous...

PRECIOUS METAL prices were unchanged in what dealers called "thin, quiet" Asian and London trade Monday morning, despite increasing fears the US government will fail to meet its obligations in only 10 days' time.

Gold IRA eBook

78 percent of the yearly gold supply is made into jewelry.

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