Gold Editorials & Commentary

Last week saw a severe breakdown in the Precious Metals sector that is now viewed as marking the start of a bearmarket, and that means the onset of a deflationary episode that is likely to prove more serious than that we witnessed in 2008, because it will invol

It's that time of year again and I'm not talking about the holiday season... What I am talking about is another major market correction which has been starting to unfold over the past couple weeks.

GLD - on sell signal.

Central banks are the current sovereign debt market. It is a vacated market. They are the majority bidders via debt monetization. The monetary inflation has become the New Normal and a travesty.

The long-in-the-tooth commodities correction plunged to new lows this week. Traders were disappointed the Fed didn't announce a new quantitative-easing campaign, so they dumped the popular commodities with a vengeance.

I said I wasn't going to write any more articles until mid-January, but Dennis Gartman and the media got my goat one more time with their bearish bias on the gold and silver market.

"We must all hang together, or assuredly we shall all hang separately." --Benjamin Franklin, at the signing of the Declaration of Independence, 1776

I have always told my children from a young age that the heart must make the initial choice but that the mind must make the final decision.

It was actuality a pretty quiet week all in all with no decisions on Europe, just meetings. Of course most all of Europe was put on watch by a prominent U.S.

GLD - on sell signal.

The stock markets are still riddled with anxiety, with traders nervously awaiting the next shoe to drop. Will Europe fracture? Does a global recession loom? But in an apprehensive environment where fears are legion, it's easy to lose the forest for the trees.

The Gold Tsunami analogy continues, and it goes like this……..

"The Dollar Inflation psychology pulled back out into the sea, taking the price of Gold with it.

It is now evident that the gold price has been trapped in a narrowing trading range since its early September pre-plunge peak - a Symmetrical Triangle.

In his latest report, Samuel Kress of SineScope reviewed the 120-year cycle and broke it down into its constituent cycles.

We had an absolutely amazing week for the US and world indices as news that joint central bank action was going to be taken. Many indices rose over 7% on the week which is nearly unheard of.

GLD - on sell signal.

I think you will admit that we are in the middle of one major crazy financial mess.

The US Federal Reserve has fooled a lot of people into believing that the grand monetary pump and debt monetization project has been put on hold. The only thing that changed was their talking publicly about it.

No subject related to gold is more debated than the possibility that gold may again be confiscated by the US Government during times of economic crisis.

Let's be frank here. I spend between 12 and 15 hours a day working in front of my computer screens watching markets and charts and reading news and reports from all over the world.

You'd think I'd have a clue. I don't.

Thus far in 2011 the overall stock market movement has been much different from what we had in 2010. This year we have seen nothing but sideways to lower prices with wild price swings on a day to day basis.

GLD - on sell signal.

The general stock markets' day-to-day price action utterly dominates individual stock sectors, including commodities stocks.

The months of November and December are the second strongest back to back months for the financial markets. Many traders and investors use this time of the year to reap big gains as they close the year out.

Historic and recent scientific developments add to our understanding of how the entropic force from physics may govern everything in nature, including ecosystems and economics.

Over the recent couple months the precious metals charts have made some sizable moves. Most investors and traders were caught off guard by the sharp avalanche type selloff and lost a lot of hard earned capital in just a few trading sessions.

The Elliott Wave Theory (EW) gives superb results in predicting the gold price.

We are at the edge of a major economic crisis. Our monetary system is the underlying cause of this major crisis. The massive debt bubble created by our monetary system is about to burst.