Gold Editorials & Commentary

"The main purpose of the stock market is to make fools of as many men as possible."

Bernard Baruch

Gold bullion prices have been subjected to a cleverly orchestrated bear raid in our opinion. Selling of paper Comex contracts on Friday, April 12th, and Monday, April 15th, totaled 1 million contracts, exceeding global annual gold production by 12%.

When I was a boy I was told that anybody could become President. Now I’m beginning to believe it.



— Clarence Darrow

For gold to rise to levels significantly higher than the recent high of $1920, a new impetus is needed. Without additional energy from such an impetus, gold could just trade sideways for a very long time, or even fall further.

Precious metals investors can’t look back at this week’s declines in gold and silver and not be a little upset.  But it’s important to keep in mind that nothing happened this week that reversed the decade long bullish trends for gold and silver.  So, keep in mi

Gold’s Bull market from 1999 is not over, and a huge rally leg remains in its future. That future is not far off. This article presents why the market is telling us Gold could reach 3,000 before the Bull Market ends.

There’s been a recent huge draw down of physical gold at the New York COMEX and at the JP Morgan Chase depository. Look at the physical market draw down on the charts below. It has taken a drastic plunge.

Yes, I really do hate to say it but I did tell you so!

I’ve been sceptical and bearish on gold and silver in 2013 as soon as the initial low of $1,625 was broken.  We’re now some $150 lower.

What happened?! is the question so many are asking about Friday’s waterfall in prices.

Back in 2008, silver fell from over $20 per ounce down to below $10. This was a stomach-turning experience for those who had begun investing heavily in the metal.

While there are many risks to the current ultra-loose money policy, consumer price inflation isn’t one of them.  Inflation remains persistently low despite the best efforts of central banks to increase it.

We are now at the point in the bull market where traders think that stocks are bullet proof.  Back in December  I warned this was coming. I said at the time that this round of QE was going to be different.

Anyone who wants to get to the truth behind the inflationary threats to their wealth should ignore everything the Central Banks say about inflation and look instead at their actions.

A quick look at the weekly gold chart shows that the metal is holding above a line of support that goes back over a year.

It’s been some time since my last Technically Precious with Merv missive so I thought it’s just about time for the occasional blast.  Gold seems to be at a very critical juncture with commentaries all over the place.  As long time read

Salivating Bears have been calling for a market top for over 4 years, now, and none have been right.  The sentiment is understood but misplaced.  This goes to show how markets are not predictable, but people are.  So many want to exercise the FILO inventory pre

Charts do not lie.  There are a slew of highly respected PMs “gurus” with extensive followings.  None we know of have been on  target in the past year.  Not only are the trends still down, prices made new recent lows, again, within the trading range, but nowher

Editor's note: There is an old saying that not all that glitters is gold -- as in the gold coins many of you have held in your hands. There is another kind of gold that inhabits the practical wisdom of the ages.

1.    BUY PHYSICAL SILVER & GOLD - We have a trust issue in the world today.  Do you believe the stock market, 401k’s, mutual funds or C.D.’s are a safe place to store your wealth?  Do you think banks are a safe place to store your dollars?

One of the ways to look for a bear market low is to look for panic selling and capitulation after an extended downtrend.  Since 2013 began the Venture has had 3 months of losses compared to the Dow Industrials.

If you’ve been reading my work in 2013 at all, you know I’ve been looking for a move lower in both gold and silver. It finally came this past week and was led by silver.

The US stock markets enjoyed an incredible first quarter, with the flagship S&P 500 stock index (SPX) surging 10.0%.  New cyclical-bull highs were achieved on an amazing 3/7ths of all Q1’s trading days!  But the most interesting one was certainly the last.