Gold Editorials & Commentary

In conjunction with the implementation of the Volcker Rule (effective April 1, 2014 with full compliance now scheduled by July 21, 2015) there has been an exodus of talent from the banks. The latest heavyweight departure came yesterday when Jamie Dimon’s closest...

Long term – on major sell signal since Mar 2012. Short term – on sell signals. Gold sector cycle – down as of 3/21, ending the up cycle since 12/27.

Current investing model favors equities and both the growth and energy sector are on major buy signals. Investors should stay invested and new money should wait for the 4 year cycle bottom in coming months.

Markets remain choppy and in correction mode and that’s why we’ve mostly been in cash the past 3 weeks. So many people always want and need action, but this type of market is hard on an account and will chop it up quickly.

Almost all who read our commentaries know that we place the greatest importance on reading the developing market activity, as best seen in charts, in order to have the closest pulse on what is going on in the market[s].  The reason is because the activity found in ...

In Part I, we discussed the concept of arbitrage. We showed why defining it as a risk-free investment that earns more than the risk-free rate of interest is invalid. There is no such thing as a risk-free investment, and in any case economics must be focused on the...

During the past couple months the price of gold has rallied strongly and broke to a new multi-month high. The recent strength and the possibility of a bottom has attracted a lot of bottom feeders who are trying to get involved early in hopes that a major breakout...

The above chart had always been interesting. The chart compares the US debt limit with the rise in debt and the rise in the price of gold. As the US debt limit was increased and the US debt grew, gold prices appeared to move in lockstep. That is until about 2011...

Investors dodged another bullet recently as geopolitical instability temporarily subsided after Russia’s annexation of Crimea. Although U.S. equities have experienced an internal correction since then, most of the damage has been relegated to over-extended tech...

Briefly: In our opinion short speculative positions in gold (half), silver (half) and mining stocks (full) are justified from the risk/reward perspective.

Gold and silver are testing key technical support levels this week. Some analysts have already flipped their outlook to bearish over the past few days, but I believe the uptrend remains intact as long as current support levels are not breached.

“YOU CAN’T KEEP A GOOD MAN DOWN!”… nor can those behind the curtain keep a “good thing” down as evidenced by the most recent move up for silver, 11% YTD and gold, 15% YTD. Eight year results, since March 2008, show silver up 24% and gold 51%. Below my graph...

I’d bet that most International Man readers are familiar with Peter Schiff. He is a financial commentator and author, CEO of Euro Pacific Capital, and is known for accurately predicting the 2008 financial crisis. He also has a very keen understanding of...

On a relative performance basis we continue to find a discretely transitioning market environment, led by the move in commodities - which first tipped its hand last year in the precious metals sector. While Goldman was out this week (see Here) casting causations at...

This article shows how Gold has been following the Golden Ratio which predicted all the major turning points with a high degree of accuracy for the past thirty years, and reveals the next possible major turning points. The Golden Ratio 1.618034… (also called the...

As we get geared up for the Sweet 16 this weekend it’s interesting to note how investing and participating in a NCAA tournament bracket pool share some similarities. To win an NCAA pool, you have to pick a bracket that beats your opponents by picking teams that win...

There is no debate, real interest rates jumped last week and gold got clobbered. There are other key fundamentals as well. Unfortunately with the media just pumping out story after story it is no wonder people get so confused. But gold’s ratios to many items...

Ben Bernanke, Janet Yellen, and Alan Greenspan have explicitly stated within the last few months that stock markets are not in a bubble. History shows their track record on such predictions is embarrassing, which has left both Greenspan and Bernanke grasping for...

There are very few price areas where risk capital can be invested in gold, with a reasonable degree of confidence that a “significant low point” will be established there.

Recently, the global gold market has been dominated by the situation in Crimea and the latest Federal Open Market Committee. After trading above the $1,390 an ounce level for the first time since September 2013, gold’s upward momentum was thwarted by the outcome of...

Delusions die hard! The delusions regarding the value of paper currency, usefulness of the Fed, government entitlements, the welfare and warfare state, and continual growth are weakening. The ultimate reckoning may be sudden or slow, but it will not be pretty for...

It seems that the last thing the internet needs right now is another story on the Crimea but this is an older story. Doug Casey once said he thought there should be 7 billion independent countries in the world - one for every human being on the planet. Just what is...

Despite last week’s pullback, the precious metals market is off to an impressive start in 2014. Gold is up 10.6%, silver 4.3%, and the PHLX Gold/Silver (XAU) 17.1%. Gold, in particular, had a great February, rising above $1,300 for the first time since November 7,...

Briefly: In our opinion short speculative positions in silver (half) and mining stocks (full) are justified from the risk/reward perspective. Friday was generally a calm day in the precious metals market and for the currency indices. The initial moves higher (in the...

As a native Canadian, hockey is in my blood, but after moving to Texas, the icy arenas changed to basketball courts, as the sole major league sports team in the city is the San Antonio Spurs. We’re proud fans, too, as the Spurs currently hold the best record in the...

As we all know last week was a tough week in the PM sector. The real question we have to ask is whether this was just a short term correction in the uptrend that started at the December low or is this the end of the three month rally? We’ll look at some charts to...

Internationally known technical analyst Adam Hamilton expressed it well: “The gold-mining sector is on the verge of flashing the fabled Golden Cross Buy Signal. This is one of the most powerful and revered indicators in all of technical analysis. When it arrives...

Last week, SPX re-tested its 1883 high but was only able to surpass it by a fraction before being pushed back. Another attempt is likely this week if the pattern it is making is correctly being analyzed as an ending diagonal. This should be followed by another...

The rise in gold bullion prices since the beginning of the year has been very hard to digest for those who said the precious metal is useless. To me, this rise in gold bullion prices isn’t surprising at all.

With markets showing they need some time I took last weekend off to go away and get some skiing in so my apologies to the many who’ve emailed wondering my thoughts on gold and silver this past week.