Gold Editorials & Commentary

In this analyst's view, if the Gold Share Indices break up relative to Commodities Index on the following two charts - which have been "dumbed down" to 7.5% X 3 box reversal to cut out all trading noise - then that will be a leading indicator pointing to the "R

Numerous favorable signals point to a resumption of the commodity bull. It had been stalled for almost a year. The US Federal Reserve interest rate cut on September 18 clearly marked a turning point, a watershed event, a sea change.

We have been bullish on the broad stockmarket on the site, but short to medium-term bearish on gold and silver in the recent past and by extension gold and silver stocks, due principally to the distribution patterns that have formed in the metals and their incr

There is an anomaly in the equity markets which seems not to be drawing enough attention.

This anomaly can be seen by comparing the following two monthly charts (courtesy Decisionpoint.com).

As a contrarian, it is my nature to worry when too many people start agreeing with me. Currently, many of my most vocal critics, who had previously ridiculed my warnings about the dollar, now concede that it will continue to decline.

BARRICK EXECS CONTINUE TO EXERCISE OPTIONS AND SELL SHARES

Faith and confidence in the USDollar, in management of the US banking system, in the viability of the USEconomic structure, in the image of Wall Street honesty, and in the integrity of USGovt federal finances are all at historic lows.

This article was originally posted on Sunday September 30th for the benefit of subscribers.

Finally, the $100 Upward Catapult arrived.

TWO MONTH'S AGO:

We now have an extraordinarily bullish setup for the broad stock market, which as we will soon see is considerably amplified by the latest Commitment of Traders data, that is unprecedented in the writer's experience, and startling.

Currently, Wall Street is divided into two camps: those who feel the Fed should fight recession, and those who feel it should fight inflation.

On Thursday, September 20, 2007, the lease rate of silver suddenly dipped into negative territory. It fell to minus 0.1 percent per annum.

In September of 2007, after 27 years the Barron's Gold Mining Index (BGMI) hit a new all time high of 1326.09 surpassing its October 1980's all time high of 1285.16.

Putting the cart before the horse

The face of all the world has changed, since first I heard the footsteps of your official rate cut. Sorry, borrowed a front line from a Robert Browning love poem, who wrote about 'footsteps of your soul' to Elizabeth Barrett.

Zimbabwe is a country where hyperinflation is a reality as opposed to a theoretical possibility. The photograph below shows what it looks like to pay for lunch for eight people in that country. It was sent to me in an email dated September 18th, 2007.

INTEREST RATES: Before we can even begin to discuss interest rates intelligently, we must first define what it is that we are actually talking about, since it appears that all the talking Media Heads, Wall Street analysts and Economists don't s

Coming at a time when rate increases were needed to combat the sinking dollar and surging gold, oil and other commodity prices, Ben Bernanke's 50 basis point cuts in the Fed funds and discount rates this week may go down as the most irresponsible move in Fed hi

WOW! What an interesting couple weeks. A lousy August Jobs Report, even though it exaggerated job growth the upside!

Double standard in gold hedging?

It was somewhat odd that despite the extraordinarily bullish COT profile for silver, as of last weekend, gold took center stage and has soared during this week as predicted, despite its COT profile not being as dramatically bullish as that for silver, but that’

Below is an extract from a commentary originally posted at www.speculative-investor.com on 13th September 2007.

With the U.S. Dollar Index breaking decisively below its long-term support level, the sun is finally setting on the golden age of American consumption.

Four charts speak volumes, with only a few words to serve as captions. Ever since the lousy August Jobs Report came out (doctored to look better than the real situation), the gold picture has experienced a sea change.

Hedging Fraudulent

Last week the gold price rose by $30. Let me admit up front that I did not see it coming. When it comes to trading, I am not as smart as I would like to be.