Gold Editorials & Commentary

The new year started off with a bang with precious metals out-shining the competition. Is this a harbinger of things to come? We think so and we are not alone.

Gold had a tough December, falling 10.5% to grind along near its worst levels since July. This sparked hyper-bearish sentiment and end-of-gold's-secular-bull talk.

2011 was a good year for gold bullion, up 11.3%, but a tough year for gold stocks which declined 18.3% based on the XAU index of gold and silver stocks.

Season's greetings from all of us to all of you, wishing you peace and profits wherever you are!

I'm having difficulty dealing with current market sentiment for gold and silver.

The Experts Have Reached a Consensus and it's Not Good!

The last week of the year volume tends to be light due to the fact that big money traders are busy enjoying the holidays and waiting for their yearend bonuses.

This is the burning question for economists worldwide on the Eve of the New Year. This article is a compilation of many erudite sources and opinions copied from the Internet....plus my own thoughts.

Season's greetings from all of us to all of you, wishing you peace and profits wherever you are!

Typically, the week before Christmas, stocks and commodities drift higher due to the lack of participants. Light volume favours higher prices, which is why stocks want to rise going into the holiday season.

Recession is a four-letter word in the financial markets, striking terror into the hearts of everyone. And if reports since August are to be believed, there is a recession hiding behind every tree.

Paul Krugman's article in the December 15 issue of The New York Times under the title G.O.P. Monetary Madness takes G.O.P. presidential candidate Dr. Ron Paul to task for his 'ideological' stand on money.

"Gold again proves it is not the safe haven many had hoped for, breaking the 200-day moving average, the first time since 2009 and signalling that prices may drop to US$1400/ounce."

Shelley Goldberg

Divergence between paper gold and physical gold price is happening, the process begun. Actual physical shortages have kept the price up. The naked shorting of futures has kept the paper price down.

Chart created using Omega TradeStation 2000i. Chart data supplied by Dial Data.

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.