Gold Editorials & Commentary

There is a growing presence out there talking about a potential Inverted Head & Shoulders (IH&S) on the HUI, which NFTRH has had going since mid-late last year. Below is a simple view of it, with last week’s ‘Week 2 down’ making perfect sense (symmetrically...

YTD Precious Metal Mutual Funds leave Wall Street stocks dead in the water. Golden Crosses in a basket of 374 precious metal equities. The 4 largest gold & silver equity mutual funds in the USA enjoyed soaring performance Year-To-Date.

As most of you know by now I believe we are going to see a big surge in inflation this year. As I've noted in my previous articles the first leg up in the CRB has run its course and broken the 3 year down trend that's been in place since 2011. I think it's time for...

SENTIMENT: The most reliable indicator of risk—although not as precise as money flow—is sentiment. It won’t give you the exact day, week or even month of an important market turn; I use our other indicators for that. However, it does give you a great indication when...

Under a Gold Standard, debt doesn’t pile up over the years as we see below with the US national debt. Credit creation during the gold standard era was used to fund future wealth creation. This new credit money was used to extract minerals and petroleum from the...

In my last missive, in early January, I sure was on target. First was the suggestion that the DIREXION Daily Gold Miners Bull 3X ETF was on a short term move to its previous high of $60 (it hit $59.50) but with the added suggestion that it should first cross $32...

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...