Gold Editorials & Commentary

GLD - sell signal.

If I told everyone that inflation is possible without increasing prices and without increasing the money supply, they could and would question my sanity. Yet, a large portion of the world's population is experiencing just that.

Despite gold and silver consolidating in June, investment demand for these precious metals remains robust. This is evidenced by continuing growth in the bullion holdings of the leading precious-metals exchange-traded funds.

In the past commodity trading was only available to trader with large accounts, high risk tolerance and a good understanding of how the futures market works.

China's recent veiled threats towards the establishment have been taken to heart. As China announced increased gold reserves from 600 to 1,054 tonnes it was an obvious warning.

Precious metals like silver and gold have pulled back to support levels and trending sideways. This week will be interesting as we watch prices bounce or breakdown.

Gold broke down and went into decline, as predicted in the last update posted early this month.

GLD - sell signal.

Silver has endured a rather tough June so far. After peaking just under $16 on the 2nd, this white precious metal plunged 12% to just over $14 by the 15th.

Gold has provided two excellent trades for us this year; both had less than 3% downside risk. With any luck we will have another trade soon.

China is directing their mountain of reserves away from acquired mining firms and toward managed hedge funds.

For nearly 5,000 years, the price ratio between gold and silver has averaged approximately 15:1. This number is very close to the 17:1 ratio which represents the natural occurrence of the two elements in the Earth's crust.

Let's talk about China.

In Part I of this series, I provided a brief exposition on the birth of silver mining, and explained how and why silver came to be universally considered a "precious metal" (and "money") by humani

Yesterday this analyst had the bizarre experience of watching two consecutive and conflicting items on the evening Television news:

HOW TO TRIPLE YOUR RETURNS ON RISING INTEREST RATES

While helping one of the younger ones study for finals yesterday I ran across a word I haven't heard in quite some time. Mercantilism.

Today's essay details the ongoing collapse of the US economy with a focus on why this coming fall will prove the "worst is over" crowd wrong yet again. Earlier this week, I detailed three major developments. They were:

Thanks to "Bullion Bulls" contributor, Paul, for supplying me with a link to an exciting, new opportunity for U.S. investors to get access to Canadian "junior", precious metals miners - and the explosive, profit-potential which they represent.

Earlier this week, a friend asked me if I thought this stock bear was over. My first thought was "which bear?", for there isn't just one. The stock-market action over the last couple years has been a tale of two bears.

With so much happening in the market, emotions flying high and from being blinded by fear and greed many investors are wondering What do I do now?

The rising long-term USTreasury Bond yield continues to capture attention. The breakout chart for the 10-year Treasury shot up to 3.75% last week, but zoomed to touch 4.0% this week. Less attention has been directed at the short-term USTreasury Bill yields.

The excitement in the stock market these days is not whether the economy will rebound the later part of his year, but by how much.

Commodities have been driving up the past few months and now it looks like Natural Gas is going to be joining the party. This report quickly and clearly shows Gold, Silver, Oil, and Natural Gas from a technical trading point of view.

The Dow rose 3.09% over the week while the S&P 500 lagged only rising 2.28% but the Nasdaq rose 4.23%. Up in Canada the TSX rose only 1.92% and the Venture was up 1.24%.

Gold did embark on a new intermediate uptrend as predicted in the last Gold Market update posted towards the end of April, however, the uptrend was not as strong as expected and it failed to break out to new dollar highs and is now starting to weaken again with

GLD - on buy signal as of early May.

At the height of the stock panic in late November, the flagship S&P 500 stock index had plunged 49% year-to-date. Fully 2/3rds of this decline happened in the 9 weeks leading into the panic lows!