Gold Editorials & Commentary

Disaster, by over-optimization, is another important way to frame the much-heralded "just in time" inventory practices which are used broadly by industry and grafted to monetary assets like precious metals.

One cannot help getting the feeling that no matter where this goes the crisis in the Ukraine that has morphed into the Russian move into the Crimea cannot come to any good end. Frankly, I hope I am wrong but history has often shown that once events of this nature...

The desperation of the Anglo-American leadership, guided by the steady corrupt banker hands, has never been more acutely high, nor obvious in full view. The entire Ukraine situation is a travesty. It includes Langley agents killing police and street demonstrators...

Before Bear Stearns and Lehman collapsed, the market for physical gold was limited to a relatively small group of investors who understood the havoc inflation was wreaking on our savings and the US markets. As the financial crisis took hold, a flood of new and...

Trading position (short-term): In our opinion no positions are justified from the risk/reward perspective.

The cleanest of the dirty shirts doesn’t necessarily preserve your purchasing power. Sure, the U.S. dollar has beaten the Russian Ruble and some others of late, but when it comes to real competition, the U.S. dollar has taken a back seat. The U.S. dollar’s long-term...

Since last August, the Indian government placed a stranglehold on gold imports into the country by requiring that 20% of all gold imported be exported as jewellery. This forced the amount of gold imported to drop to 30% of former levels until October of last year....

Over the past few weeks I have been watching the DOW and Transportation index closely because it looks and feels like the Dow Theory may play out this year and the stock market could take a 15% haircut.

Briefly: In our opinion short speculative positions (half) in silver and mining stocks are justified from the risk/reward perspective. We are closing half of the long-term investment position in gold.

The Shanghai Gold Exchange (SGE) is back on schedule publishing their trade reports on Friday that cover the previous trading week. Last Friday’s report covered the trading week February 17 – 21. For me the most important numbers is always the amount of physical...

Now that the first leg off the bear market bottom has been completed the mining shares have been consolidating for the last three weeks in preparation for another leg up, and I expect the second leg will be almost as powerful as the first.

The buzz phrase at PDAC 2014 could be described as “cautious optimism.” Executives, analysts and investors seem to believe a corner has been turned but failed to show any excitement or hope beyond that. Some participants estimated that attendance was down 20% from...

Fever pitched political disputes and wars make for highly unpredictable environments and the flare- up in the Crimea certainly fits the bill. It has fuelled risk in the currency markets making USD and JPY look like safe bets for scared money.

Quantitative Easing (QE) is no longer a surprise, but the fact that it's continued for so long is. Like many Miller’s Money readers, I believe the government cannot continue to pay its bills by having the Federal Reserve buy debt with newly created money forever....

The Ukraine crisis may or may not be over. Regardless, the crisis has only resulted in a tiny increase in the holdings of GLD-NYSE, the largest gold ETF. Please view the latest tonnage holdings above. (The holdings are in the lower right hand corner). As gold has...

Every week, our investment team reviews a variety of sources to formulate a summary of the top events in the gold, resources, and emerging markets. The results are categorized in terms of strengths, weaknesses, opportunities and threats. We believe this SWOT model...

The Bitcoin fiasco shows the difference between fiat money, virtual money and the only real money, namely gold. Mt. Gox, the Tokyo private exchange for Bitcoins, filed for bankruptcy last Friday, after the owner shut down its website. Mt Gox account holders,...

Gold persistently rallied from 2001 to August 2011. Since then it has fallen rather hard – down nearly 40%. This begs the question: What happens next?

In the past month we are now starting to see a new bull market start and that is in the precious metals sector (gold, silver and mining stocks). Also we see commodities as a whole showing signs of a bull market. Commodities tend to perform the best when the US stock...

Below is a chart of the HUI H&S top that I was showing on another website , during its formation in 2008 and the crash that followed. Keep in mind the HUI had been rallying for 8 years without a topping formation so when I started to show the possibility of this...

Fundamentally, Gold should soon start the final 3rd phase of this long term bull market.

Since September 2011 gold has been consolidating in a traditional bear market correction. However, this Gold Bear is already too long in the tooth when compared to all Bear Markets since 1972. In the period 1972-2006 there have been 13 Gold Bear Markets. The...

If the market appeared ready for a correction last week, it looks even more so this week. If this happens, the best guesstimate for the near-term structure would be the completion of a larger corrective pattern (A-B-C) with the C wave of that structure about to...

“Economic growth” is a favorite topic of government economists; people who find signs of “growth” everywhere they look. But they base their public research from the beginning of the Obama administration, which corresponds with the bottom of the 2007-2009 credit...

In 2013; we saw a series of momentous and unprecedented events. It started in March with “the Cyprus Steal”, as the Western banking crime syndicate pushed our Puppet Governments to introduce (and rubber-stamp) a new form of financial crime – the “bail-in”.

What an incredible week for so many stocks. If your stock wasn’t up at least 10% a day or two this week then you were in the wrong stocks. Even 10% was on the light side with several of ours moving over 20% in a day on at least one occasion this past week.

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.

Circumstances are at such a point that one no longer needs a justifiable reason for being long physical gold and/or silver. Does it matter that the 50 day moving average is going to cross the 200 day moving average, now being bandied about as though there were a...

Long term – on major sell signal since Mar 2012. Short term – on buy signals. Gold sector cycle – up as of 12/27.

Chart Analysis Gold, Silver, GDX & GDXJ Intermediate Trends via videos