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Gold Editorials & Commentary

August 3, 2013

For all of the disdain directed toward the paper futures markets in gold and silver from the Precious Metals, [PM], community, those markets continue to set the tone for pricing. Why is that?

As a life-long Contrarian; these days I spend the vast majority of my reading/research time studying the bearish drivel on precious metals which emanates (in greater quantities than ever) from the Corporate Media.

August 2, 2013

Gold’s miserable 2013 has been devastating for gold stocks.  This sector, arguably the best performing over the 2000s, has quickly become the pariah of the markets.  And no group of gold stocks has seen more carnage than the junior explorers.

August 1, 2013

Wednesday’s trading session featured a 32 point zig zag affair intraday that resulted in almost no change vs. Tuesday’s session when the final 4 p.m. whistle sounded.

After the Fed’s latest 2-day policy meeting it announced on Wednesday that it would continue its $85 billion per month asset purchase program.  The major indices fluctuated from positive to negative throughout the day, as is typical of a Fed meeting day, before...

July 31, 2013

One of the most laughable of all government statistics is Gross Domestic Product or GDP.

WASHINGTON - The Federal Reserve on Wednesday slightly downgraded its economic outlook but gave no hint about its plans for its $85 billion-a-month asset purchase program.

The long term needn't look quite so far off for bullion buyers right now...PUT ASIDE the rise in US interest rates, GDP and Fed tapering talk.

The U.S. dollar is now setting up what one could view as a very low risk potential long trade.

If you want to be an effective and profitable investor you should look at the situation from different perspectives and make sure that the actions that you are about to take is really justified.

Global investors are sitting at the edge of the computer keyboards cued to the upcoming FOMC meeting. There will be little market action ahead of the meeting as traders have taken their positions although markets seem divided between tapering and no tapering.

July 30, 2013

Today we have mainstream news 24 hours a day but do you feel like you are being tricked or even lied to?  Do you wonder why you are hearing pabulum when the real meat is found online?

The purpose of Fed money printing is to help support economic growth and job creation. The negative side effects can be rising inflation or asset bubbles. Therefore, from a logical perspective, the Fed would be interested in tapering if: (1) the economy is strong...

The gold community loves (rising) gold stocks. On that note, I have a new buy signal in play, for swing traders.

Approximately a month ago, the Corporate Media began leaking bits-and-pieces of information about “warehouse prob

Summary: Gold appears to have wakened from what has been a very challenging 10 month decline.  Ever since its failed attempt to test the all-time highs last September, it has literally been straight downhill for gold.  But the signs of a trend change

Amidst declining gold prices in 2013, some analysts have been quick to point to outflows from gold ETFs as evidence that the gold bull market is over.

A major determinant for U.S. GDP growth is the state of the real estate sector. The construction of new homes contains only small section of the total picture.

PRECIOUS METALS held in a tight range in London on Tuesday morning, moving sideways as world stock markets rose and commodities slipped ahead of the US Federal Reserve meeting, which begins today.

The main reason that this year's huge decline in the gold-mining sector took us by surprise is that we didn't seriously consider the possibility that a major/primary correction began in September of 2011, and one of the main reasons we didn't seriously consider this...

July 29, 2013

One of the many tenets on Wall Street is that debt investors are often a step or two ahead of stock investors when it comes to identifying slowing economic growth. From a common sense perspective, it makes some sense.

It is as notable as a 2nd term president handing off the big problems to the next guy, as George Bush did with Barack Obama in 2008; the changing of the guard at the Fed, that is.

July 28, 2013

The US markets are mixed for the moment but do have the look to be ready to roll over further Monday.  We could be ready for a month of downside to base building type of action which would be great.

The true Gold price is PP in the graph, while the phony price is P* since it is associated with supply shortage and excess demand. A picture might be worth a thousand words, but sometimes a picture requires a thousand words to explain its full meaning.

Most commentators in the precious metals sector still are not treating hyperinflation as a likely scenario -- as “competitive devaluation” continues to relentlessly drive all of this paper to zero. I can prove this. How?

It’s been a couple on months since my last missive.  I’ve been waiting for some propitious moment where I can jump up and down and proclaim “the moment has come, the time is ripe, we’re on our way towards $2400” but that was not to be.  Gold just kept on sinking. ...

July 27, 2013

“There is a tide in the affairs of men. Which, taken at the flood, leads on to fortune;

Omitted, all the voyage of their life Is bound in shallows and in miseries.

For the week, spot gold closed at $1,333.30, up $37.20 per ounce, or 2.87 percent. Gold stocks, as measured by the NYSE Arca Gold Miners Index, rose 6.68 percent. The U.S. Trade-Weighted Dollar Index lost 1.15 percent for the week.

Our clarion call is for the physical market to soon takeover the actual price for buying and selling.  When, we do not know?  Timing is now less critical than actual possession, from this point forward.

This past week have witnessed buy signals in gold and precious metal equities – as all are on buy signals.

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A single ounce of gold (about 28 grams) can be stretched into a gold thread 5 miles (8 kilometers) long.

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