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Gold Editorials & Commentary

August 23, 2013

In Part I ( http://www.gold-eagle.com/article/theory-interest-and-prices-paper-curre... ), we looked at the concepts of nonlinearity, dynamics, multivariate, state, and contiguity. We showed that whatever the relationship may be between prices and the money supply...

Back in November 2003, before the Hat Trick Letter was hatched and launched, a seminal article was written about 25 reasons why Gold will rise. It was updated afterwards, around 2008 with a couple more reasons.

I don't want to put too great a shine on the sentiment indicator readings, but they have changed quite radically this week and deserve some coverage.

August 22, 2013

On Wednesday the Fed released the minutes from its July 30-31 policy meeting.  Minutes from the meeting showed that most members of the FOMC agreed that a reduction of the stimulus was not yet appropriate.  Only a few thought it was time to “slow somewhat” the pace...

NUGT is the symbol for DIREXION’s Daily Gold Miners Bull 3X Shares listed on the NYSE.  In September 2011 NUGT was over $2,000/share.  Since that time NUGT’s share price has relentlessly fallen as a consequence to the recent bear mar

Low prices lead to high prices. The (latest) two-year price-suppression campaign from the banking cabal targeting the precious metals sector provides a text-book illustration of this economic principle. When you cripple the supply-chain, stimulate demand to record...

Direxion Daily Gold Miners Bull 3X Shares is listed on the NYSE – and its symbol is NUGT. If we get it wrong on timing this won’t go bust, unlike many juniors, it will just grind lower still. If we get are right, however, the gains are likely to be truly...

The PRICE of gold recovered overnight losses after the release of US Federal Reserve meeting notes in London trade Thursday morning, rising back to $1375 as major stock markets also rose with commodities.

As all of you know that have subscribed to this newsletter since 2006 and watched my YouTube channel since 2008, I left the commercial banking industry in 2004 because of my disdain for what I saw to be an increasingly unfeeling, greedy, selfish, and inhumane...

As we noted recently, the Federal Reserve has explicitly mentioned tapering in their recent communications, and President Obama has commented numerous times on avoiding another round of asset bubbles. Today’s Fed minutes were non-committal on when tapering will take...

August 21, 2013

As we will explore in this analysis, when we look at two of the largest sources of net worth in the United States – housing and stocks – then what history shows us is that for 22 out of the 40 years between 1972 and 2012, much of the truth about financial...

Without a doubt, markets are waiting for the release of minutes from the Fed's July policy meeting for clues on the timing of stimulus tapering. The U.S. central bank has said it would begin scaling back its $85 billion in monthly bond purchases this year if the...

With recoveries come questions. Will this last? Is this just setting up a bigger decline? The current recovery in the gold stocks has been both strong and broad based. It has occurred at a time when the stock market seems vulnerable.

BULLION prices recovered most of an earlier dip lunchtime Wednesday in London, with gold trading 1.2% lower for the week so far ahead of policy-meeting minutes from the US Federal Reserve.

In 1991, the Indian government pledged the nation’s gold reserves against foreign loans that were provided to the nation from international sources. So they have already trodden the path of using gold to support their international presence and in international...

August 20, 2013

The Federal Reserve knows the market examines every word from a governor’s mouth or included in a formal policy statement. Therefore, when the Fed starts making explicit references to ending asset purchases or removing policy accommodation, it hints strongly at...

“Demand right now is next to nothing," -Michael Kramer, U.S. coin dealer being quoted by Reuters News, Aug 20, 2013. Over the past few days, I’ve been a fairly heavy seller of gold bullion and gold stock trading positions.

Aside from the fact that the 10-Year Treasury Yield Index (TNX) is rising, one reason for the recent equity market sell-off is the uncertainty generated by the Fed’s latest announcement concerning the future of QE3. 

The recent rally in gold prices should not come as a surprise. After all, the gold market has been in backwardation for months, the three-month lease rate, reflecting the cost of borrowing gold, reached a four-year high on August 7, demand for the physical metal has...

The DOLLAR PRICE of gold briefly jumped back above $1370 per ounce Tuesday lunchtime in London, before drifting lower as world stock markets fell hard with commodities.

India’s demand for gold during the second quarter of 2013 topped all other countries, according to the latest World Gold Council data. As noted by GoldCore, the demand for gold in India rose to its “highest in the last 10 years,” with jewelry, bars and coins demand...

Whether the stock market is in a long-term bullish trend or a long-term bearish trend can't be determined by looking at nominal prices. The reason is that the nominal price of an investment is determined by the value of the investment AND the value of the money in...

“Tolerance is the last virtue of a dying society.” (Aristotle) -- Today we have yet again tolerated another lie.  We were told, by the Fed, that Q-Infinity was necessary in order to save the economy when indeed their only intended use was to

The summer is flying now.  The gold price and the precious metals miners have started to look poised for a significant rally, as the USd stumbles on the f/x markets.

August 19, 2013

According to Reuters, last week India hiked the import duty on gold yet again to a record 10% and raised excise duty on the metal, as imports jumped in July despite the government's attempts to strangle supply and curb demand to rein in dollar spending.

Some of the “more common” contra-cyclical manifestations are currently not following the “rules”, which could imply the onset of a complete breakdown, i.e. we may be on the cusp of a situation where the Dollar, US Equities (leading Global) and US Treasuries are all...

If there was such a thing as a “Holy Grail” of gold charts this chart would have to be it. Gold peaked at every # 4 high and every grouping of # 1 high and # 2 high. Every gold peak was either at the upper trend line or above the lower trend line.

Following a week of explosive precious metals and mining share prices, Gary Savage, technical gold trader and publisher of the Smart Money Tracker, was kind enough to share his comments. Gary’s trading calls have outperformed most of the world’s hedge funds during...

In Part I ( http://www.gold-eagle.com/article/theory-interest-and-prices-paper-curre... ) , I made several points. First, that in the last gold bear market, miners capitulated after prices were low and falling for a long time. Then they sold massive amounts of...

August 18, 2013

Last Weekend report , Rambus Showed a Provocative Scenario For the Precious Metals Markets dubbed “What If 1 : Circa 2013″ I would like to show you two stocks we bought recently that have nice inverse H&S bases. Inverted H&S patterns are generally reversal...

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