Gold Editorials & Commentary

There was more mind-blowing news this week in bullion markets. This is to be contrasted with the deluge of shrill, gold-bashing propaganda being cranked out by the Corporate Media at maximum decibels.

The Pattern of Every Market Collapse

The markets continue their dead cat bounce while the economic data worsens.

First, let me say I’ve been way too early on this call. I’ve been wrong and don’t deny it. You have to own up to mistakes, learn from them and be humble. Moving along, the precious metals sector is likely days or potentially hours away from a bottom.

The gold (GDX) and silver (SIL) miners have been hammered down to historic 1999 lows, while the U.S. banks (XLF) and U.S.

Was former Fed Chairman Paul Volcker correct when he said concerning quantitative easing that its “beneficial effects…appear limited and diminishing over time”?  That’s the $85 billion question that Wall Street is asking right now.  An honest answer to this que

From 2007 the crises have grown - Central Banks can’t fix it alone!

It’s the economy stupid! The US economic recovery is so weak and the global economic backdrop could hardly be worse. The current flirtation with higher interest rates will end in tears very soon.

Last week was very disappointing for those who had previously been long precious metals and very profitable for precious metals bears. A lot happened after the FOMC meeting and the Federal Reserve Chairman’s statement on June 19, 2013.

Swiss parliament rejected a bill designed to resolve a dispute over undeclared bank accounts held by U.S. citizens last week.

The life cycle of most things not matter what it is (living, product, service, ideas etc…) go through four stages and the stock market is no different.

For obvious reasons; most of the discussion in the precious metals sector over recent months has focused on the gold market.

Banks face another global financial crisis worse than 2007-8 warns the normally conservative Swiss-based Bank of International Settlements as a $10 trillion central bank bond mountain leaves them perilously exposed to higher interest rates.

The bearish sentiment in the gold market has become almost surreal.

Jim “mighty man” Rogers believes the current bearishness in gold and silver is surpassed only by the bearishness insugar. 

Gold continues to struggle and so do explorers.  I am seeing encouragement in the trading of some discovery stories but this is a very small subset of the junior sector.  

It's not correct to think of today's currencies as being 'backed' by the international reserve assets held by the central bank or government.

To many observers, deflation was a thing of the past in the wake of the QE3.  The Fed’s asset purchases, which drove down bond yields to record lows, were thought to have tamed the global deflationary problem once and for all.  What they didn’t count on was the

Photographic demand for silver has fallen 70% from its peak. What could possibly fill that gap...?

By reviewing gold’s latest correction on a percentage basis, we can put things into a little bit better perspective. The 2008 correction was 26%; the current correct thus far has been 30%. In short, we’ve been here before though you wouldn’t know it from all the...

The Australian gold sector (XGD) is selling today (intra-day) at a record 53.56% below its 200dma.  This is a rare event indeed as even the 2008 violent panic crash produced a low around 48% below the 200dma at that time.  This current crash on the Australian X

Since the middle of April we have all heard the gold bear cry of ‘it’s over, gold is done with…the bubble has burst.’ But not many of these so-called expert commentators have really looked into the strength of demand in the East.

[ed: 'Risk Off' might seem obvious this morning, but NFTRH has been highlighting acute risk in the US stock market since leading indicators – including a sentiment extreme exactly opposite to the contrarian bullish extreme of 1 year ago – flashed warnin

My father as a child in England in the 1920 and 30s said his heart would burst with pride at school seeing a map of the world one quarter red with the British Empire.  His feet were wet and cold as his only shoes were worn out.  His was the common experience as

Legendary businessman Steve Forbes once said, “Everyone is a disciplined, long-term investor until the market goes down.” It’s challenging to have the fortitude to hold on to investments during a one-day carnage event like last Thursday.

Wednesday June 19th, the bond and stock markets had a bad day.  We saw more of the same on Thursday; only worse.  Doctor Bernanke testified before Congress that he was going to begin “tapering” his current Quantitative Easing’s monthly quota of “monetizing” $85

Well, well.  What a pounding the metals took this week.  It’s no fun to grasp at hopes and dreams while your assets tumble to the weeds.

As usual the Federal Reserve media reaction machine has fallen for a poorly executed head fake. It has fallen for this move many times in the past, and for its efforts, it has tackled nothing but air. Yet right on cue, it took the bait once more.

Whatever expectation[s] you may have, expect the unexpected and unlike what you may expect.  So far, that has been playing out quite nicely, and one of our expectations is that it will continue to unfold in the same manner, and to the ongoing surprise of most.