Gold Editorials & Commentary

In our opinion, a speculative short position (half) in gold, silver and mining stocks is justified from the risk/reward point of view. Precious metals declined once again yesterday. The move was particularly visible in silver. Is the white metal telling us something...

The world carry trade for US Dollars is over $9 trillion. In today’s world of monetary insanity, investors seem to forget that $1 trillion is a staggering amount of money. So to put that $9 trillion carry trade into perspective, if it were a country instead of a...

Bank deposits in Austria will no longer enjoy state protection and a state guarantee in the event of bank runs and a bank collapse when legislation is enacted in July. The plan to ensure that the state is no longer responsible for insuring deposits has been readied...

The size and existence of the modern state is limited only by the ability to borrow money; an ability dependent on the continuing value of fiat paper money. That limit has now been reached. Greece is not just a country that overindulged on the bankers’ poisoned...

2015 has started brightly with gold, silver and the miners all rallying to higher ground as evidenced by the Gold Bugs Index, the HUI, gaining 50 points or approximately 30%. This sort of behavior in any sector brings out the bulls in full cry that the bottom is in...

Eric Muschinski: Due to the duration of the current bear market, we are more in a "grinding" bear market, which doesn't necessarily mean that we're not going to have a capitulation selloff at the end. In 1975–1976, for example, there was a harsh mid-cycle flush, so...

With metals and mining stocks frustrating so many for the last 3 years, it seems they will be frustrating folks for just a little while longer. As I have been saying for quite some time, I do not believe the bottom is in just yet. However, the market seems to be...

Tuesday morning, and it’s “one of those days” when I’m going to have to jam pack information into my article, as there are simply too many topics worth attention; starting with flat out validation of my the premise of my “126,000 job lie” article – a mere 48 hours...

We are again entering a collapse phase similar, yet far worse than we had in 2007-2008. I will show you a few graphs as illustration of weakness in the real economy and compare them to the financial bubbles we are living.

During the past decade the gold price performance has truly been amazing. To demonstrate this we will show gold’s percent appreciation in 16 major world currencies since 2005. This will be compared to the performance of 15 major world stock indices.

With all the data finally out, the United States gold market suffered a massive deficit over the past three years. How large was this deficit? Actually, large enough to supply all the gold for the U.S. Mint’s production of its Gold Eagles for the past twenty years...

China’s President Xi Jinping (centre) poses for photos with guests at the Asian Infrastructure Investment Bank (AIIB) launch ceremony at the Great Hall of the People in Beijing October 24, 2014. (Reuters / Takaki Yajima). The success of China in attracting countries...

“Gold is one of the dumbest things to put in your IRA,” said the slick TV commentator, with his $200 haircut, perfect white teeth, and superior attitude. “Everyone knows income-producing vehicles are best for an IRA.” It was a prepackaged message from someone that...

Where can investors turn when global quantitative easing and the Energizer Bunny of dollars is crushing commodity prices to within an inch of the junior miners' lives? In this interview with The Mining Report, Disruptive Discoveries Journal writer Chris Berry...

The Fed and other Central Banks have shifted away from focusing on growth to focusing on inflation. The explanation here is as follows: they’ve failed to create growth, debt deflation is their worst nightmare, so the best they can hope for is inflation to make debt...

The March employment report was a huge miss. What does it mean for the U.S. economy and the gold market? The BLS reported on Friday that payroll employment increased just by 126,000 in March, significantly below expectations for job gains of 245,000. It was the...

The big story regarding the Asian Infrastructure Investment Bank was the application by the Israelis. This came just prior to the deadline and of course at the displeasure once again to Washington. Britain was the early defector followed by Germany, France and...

The latest US jobs report has stunned most analysts, with its dramatic weakness. Most investors in the Western gold community are nervous about rate hikes, and this report supposedly gives the average gold investor a little breathing room. I beg to differ. In the...

Tony Blair has entered into the British election campaign debate in support of David Miliband on the issue of what he regards as the Tories reckless attitude to Europe and the potential ‘BREXIT’. Blair will address his former constituents in County Durham today...

A rare event occurred this past week; the CFTC charged a major food company, Kraft, Inc., with price manipulation in the wheat market. You can count on one or two hands the number of times the federal commodities regulator has charged anyone with price manipulation...

Ben Bernanke presided over the Federal Reserve for two terms, from 2006 through 2014. A year and half into his first term, he began driving the Federal Funds Rate down. By the end of his frantic interest episode, this key overnight lending benchmark had been crushed...

We suspect that the gold bull market that began in 2001 is, in very rough terms, an elongated version of the 1971-1980 bull market. Part of our reasoning is that there is evidence in the performance of the gold-mining sector of a bullish gold trend beginning in the...

Federal tax season is here, and if you recently embarked on--or want to explore--one of the many types of gold investments, you need to know how the Internal Revenue Service treats them. Any gains from gold and physical-gold Exchange Traded Funds or ETFs outside an...

We seem to have finally arrived at some sort of moment of truth regarding Greece and their inclusion in the EU.  The speculation is they will be o

"The world that disappeared in 1914 appeared, in retrospect, something like our picture of Paradise," wrote the economist Cecil Hirsch in his June 1934 review of R.W. Hawtrey’s classic, The Art of Central Banking (1933). Hirsch bemoaned the loss of the far-sighted...

The "Big News" presently making the rounds is the "Big Drop" in StateSide payroll creation for the month of March, the number (126,000) being some 50% below that anticipated by expert economists coast-to-coast, et alia.

Financial writer Bill Holter says don’t expect the economy to get better anytime soon. Holter says, “We’re probably in recession again . . . the economy has been quite weak. It looks to me we could be breaking down in the stock market. This is going to be a...

As estimated by the USGS, world gold production increased again in 2014. It increased from 2800 to 2860 tons of gold, an increase of 2.1% (the increase was 1.6% on average since 1928). The world has never produced as much gold in a single year! Below are 8 points...

Gold jumped the most in two months on Wednesday topping $1,200 an ounce. The move came on the back of a report showing U.S. employers added 189,000 jobs in March, disappointing expectations of 225,000. This was the smallest gain in employment since January 2014,...

Some interesting things have come to my attention: 1) it looks like precious metals are going to rally strongly over the next week and a half; 2) at the same time the stock market is going to go through some wild swings both up and down.