Gold Editorials & Commentary

The Russian Central bank is buying up to 1,000 tonnes of gold to double its gold holdings from 500 tonnes, most of which, 377 tonnes, is lent out.

Yesterday I posted a chart of COMEX October 1979 gold, showing the very nice run gold had back in '79.

An article in yesterday's Wall Street Journal discussed how self-proclaimed "Depression buff" Ben Bernanke claims understanding of how the Fed caused the Great Depression and precisely what he would do to prevent such a calamity from reoccurring under his tenur

Tis the time of the year when analysts and market observers are busily presenting their forecasts and outlooks for 2006, and as always, it will be a mass confusion for the investing public, as both bulls and bears will showcase their impressive arguments on why

The market price for an ounce of gold rose to over $500 last week, a significant milestone for economists watching precious metals and commodities markets.

Random Walk, the name of a well-known theoretical market model of random price movements, definitely does not exist in the gold market. But then how does one explain gold's statistically proven price anomalies?

This purpose of this article is to examine the veracity of the claim made in the first line of my debut article "Silver: A Rare Opportunity"

The level of intensity of my recent spate of communications has heightened because I saw the markets reaching for a point of structural decision; and I tend to pay much more attention when that happens.

The Amendment for Jobs Creation Act is a classic misnomer, a fraud, nothing but a sweet corporate welfare conjob. The only job in this scheme is "conjob" for sure. Few if any new jobs were created, as over $200 billion have been repatriated to date.

We know the gold price has been manipulated by constant central bank selling over the years. Work by Frank Veneroso made a very strong point that the equilibrium price of gold along about 1998 was over $600 if the central banks stopped dishoarding.

As the Fed continues its inflation campaign, most have yet to come to grips with the reality of America's uniquely precarious situation.

Back in the late 1970's, the lineups to buy gold were reminiscent of people waiting to buy Stanley Cup Hockey tickets at the then Famous Montreal Forum.

[During this time of year for giving thanks, I found myself in a bit of a strange circumstance this afternoon. I was watching a show on television that was filled with hope as a young person gives it his all in an attempt to accomplish something special.

Many newer subscribers to our service are not familiar with the ongoing long term outlook we have on the gold sector in the past two years.

For Tocqueville Gold Fund's John Hathaway, gold shares "give you more octane than the metal itself."

November 10, 2005

Discontinuance of M3

Gold in US$ terms has surpassed $490 per ounce, with the "magical" $500 level within spitting distance. The financial markets and their shallow mavens have grasped the price inflation issue as a relevant factor, and little else.

There's the housing bubble and the commercial office space bubble. There's the Bond-market bubble and its two progenies, the junk-bond market bubble and the emerging-market-debt bubble.

As little as one hundred years ago, a silver dime paid a worker for a full days worth of work. At today's fire-sale prices, you can buy those same 90% silver dimes for about 60 cents each.

Historically, national housing prices have increased no faster than the annual rate of inflation, as measured by the CPI.

We have always known about Greenspan's Interest rate conundrum but now we are becoming aware that he has a few more conundrums. In his latest speech he mentioned the "Currency Trade deficit" conundrum.

This is a follow up to my last week's buy signal on the gold sector. If that buy signal succeeds, we are at the beginning of phase two of this generational bull market in gold and gold stocks.

Has silver mine production in the United States of America finally peaked never to recover? Never mind the ongoing debate about Peak Oil, what about the case for Peak Silver in America?

Monetary expansion

Last week we showed the fractal similarities of the daily HUI Index in late 2001/ early 2002 versus the weekly chart of the HUI from late 2003 to today.

The following chart shows a clear reverse Head and Shoulders formation with a target of 100 with the clear neckline at 90 having been broken to the upside (Source:http