Gold Editorials & Commentary

We had a very quiet week all in all in terms of the markets and most stocks with some moving well but many failing their moves higher.

The volume absolutely dried up this past week with Chinese New Year in full swing as I warned about last weekend.

GLD – new sell signal this week.

Gold has suffered a tough slog lately, unable to advance despite central banks aggressively inflating their money supplies all over the world.  Seeing gold stuck in the mire despite very bullish fundamentals has certainly exacted a psychological toll on traders

The ‘race to debase’ is on and the majority of nations are now involved in competitive currency devaluations.  For instance, in addition to America, Euro zone and Switzerland, even Japan has now affirmed that it wants to weaken its currency.  Furthermore, almos

Many investors are wondering what has been behind the relentless rally in stock prices.  Look no further than corporate profits.

CHINA SUFFERS A DIRE NEED TO DIVERSITY ITS FOREIGN RESERVES

The morning ‘news’ rarely fails to disappoint when it comes to churning out Machiavellian double-talk which is more convoluted than your average pretzel. Today was no exception.

Summary And Conclusion

All in all it was another kind of strange week with some weak breakouts occurring Friday but I don’t trust them.  The volume and action/conviction just isn’t there to push markets higher right now from what I see.

GLD – on buy signal.

With gold stocks languishing near lows in a desolate sentiment wasteland, investors are wondering why this sector has fallen so deeply out of favor.  One theory is capital that would have traditionally flowed into major gold producers has been diverted into the

Friend of gold Jim Sinclair, and executive to a mining firm with interests in Tanzania, put it so well. He captures the theme of this article when he said, "It is the constant drop in the dollar's usage as a contract mechanism internationally.

Friend of gold Jim Sinclair, and executive to a mining firm with interests in Tanzania, put it so well. He captures the theme of this article when he said, "It is the constant drop in the dollar's usage as a contract mechanism internationally.

Friend of gold Jim Sinclair, and executive to a mining firm with interests in Tanzania, put it so well. He captures the theme of this article when he said, "It is the constant drop in the dollar's usage as a contract mechanism internationally.

Ben Bernanke was instrumental in creating a bubble in U.S. Treasuries. His actions have served to inflate it to the point that it has now become the greatest bubble in the history of global investment.

We had a very weak week in the precious metals and later on, the general markets and many stocks also broke down.

I’ve been patiently waiting for this move to come since the start of the year with a few good trades in between.

If you’ve been a hibernating bear lately, you’ve missed a ton of positive news, as U.S. construction spending rose, ISM manufacturing data beat expectations and the country added 157,000 jobs.

Never before have we seen major indicators in such a conflicting state. Taken in isolation many important indicators are giving clear signals, but they are in conflict with one another to the extent that the outlook is a clouded mess.

To illustrate the difficulty of measuring performance in terms of the US dollar, today we are presenting three inflation-adjusted (IA) gold charts.

The Dow Jones (Blue Plot / Left Scale below) closed above 14,000 for the first time since October 2007.  Closed above 14,000 in nominal dollars that is.  In constant 1979 dollar terms (Red Plot / Right Scale) the Dow Jones today closed 30% below its high of

The financial world was shocked this month by a demand from Germany's Bundesbank to repatriate a large portion of its gold reserves held abroad.

We at Sunshine Profits suggest holding three precious metals (in a physical form) as long-term investments in a “default” precious metals portfolio – gold, silver and platinum.

Recently I asked a question that I suspect many followers of the Kress cycles have asked at some point.  Here it is:

"If tyranny and oppression come to this land, it will be under the guise of fighting a foreign enemy.  But, in reality it will be an Enemy from within”  

James Madison (1785)

It’s certainly a challenging time still for gold and silver but the long-term reasons for holding physical gold remain in place.

GLD – on buy signal.

The fiscal cliff, tax increases, the debt ceiling, missed earnings – investors certainly have had much to worry about lately.  So why in spite of these fears has the market continued to rally?