Gold Editorials & Commentary

Some charts are breaking down and others are breaking up

1. Breaking Down

Some charts are breaking down and others are breaking up

1. Breaking Down

Many gold shares owners are pulling their hairs out every morning in front of their computers. "Those suckers just keep going down, and down, and down!"

Today, as the Labor Department reported that April consumer prices rose at a faster than expected .5%, which follows yesterday's release of a .6% rise in April producer prices, Wall Street and the financial media once again celebrated the irrelevant fact that c

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Over the long-term gold stocks are counter-cyclical investments in that they trend higher during periods of stock market weakness and trend lower during periods of stock market strength; or, putting it another way, when the broad stock market is in a long-term

My greatest fear is that the USGovt and US Fed will actively pursue and promote a recession in order to prevent ongoing energy demand from creating a series of oil price spikes. Recession uses less oil than war!!!

GOLD & GATA is chapter VI of the Gold Drivers Report. It discusses GATA's claims that the Gold market is not free and not fair.

Last week, on my second appearance on CNBC's Squawk Box, host Mark Haines mischaracterized my position that the U.S. could not hope to pay for imports solely through reliance on the service sector, as my advocating that the U.S.

I believe that now is an excellent time to buy silver stocks.

Here is the silver story in a nutshell:

There are two parallel markets happening in gold. If you own the mining stocks you are currently caught between these two financial forces.

Après moi, le deluge, literally "after me, the flood," the French phrase is attributed either to King Louis the XV or to his mistress, Madame Pompadour.

The world functions upon a greatly different world chessboard compared to seven decades ago. Conditions inside the United States are as different nowadays versus the 1930 decade, as that Great Depression Era was compared to the Roman Empire. Well, not really.

Summary and Conclusions

I hate to be so critical of CNBC, especially since they were gracious enough to have me on as a guest on Monday, but when they present such an easy target, I just can't resist.

Introduction

"The objective of investing is to increase the purchasing power of capital."

Today's gold action was highly significant because it gave rise to a closing of the gap on the weekly bar chart of gold that manifested some weeks ago when emotion started to creep into the markets. (Chart courtesy Decisionpoint.com)

Judging from the level of complacency in the stock market, some of you may not care to make it to the second paragraph of this article--Hyman Minsky warned us about times like this!

This article was inspired by a recent article by Mr John Mauldin, entitled "The more things change".

Of the various vulnerabilities traditional financial assets are exposed to, a rising oil price is of particular concern.

Of the various vulnerabilities traditional financial assets are exposed to, a rising oil price is of particular concern.

Of the various vulnerabilities traditional financial assets are exposed to, a rising oil price is of particular concern. In 2004, oil hit an all-time high of $56 per barrel, up 366 percent from the $12 low of 1998, and up 75 percent since January 2004.

Much as home builders and mortgage associations and national realtors and REIT managers would like to deny, strong parallels exist between the housing bubble and the tech stock bubble in 1999.

As the debate over the existence of a real estate bubble rages, the most persuasive case in favor continues to be made by those firmly committed to the opposite point of view.

For successful investment decisions it is necessary to recognise the main driver for a future development and then adjust accordingly the investment strategy.

Bottom line of the charts that follow is: It seems that speculators are starting to exit the "hot" markets

Rising tops and bottoms in price accompanied by falling tops and bottoms in PMO is bearish for oil.

Summary and Conclusions