Gold Editorials & Commentary

GLD - on buy signal.

I haven't posted the Barron's Confidence Index chart for a while, so here it is.

Below, is an extract of my Silver Premium Update for 25 January 2012:

The US stock markets have been on fire lately, still marching higher even after the S&P 500 powered to its best January in 15 years. Doubted from its very birth, this latest stock-market upleg continues to inexorably climb the proverbial Wall of Worry.

The interminable extension by the US Federal Reserve on the 0% rate into 2014 represents history in the making. It is the adoption of pure heresy in monetary policy, making it mainstream.

When reading stuff about the pros and cons of investing in gold we regularly come across two misguided assertions, the first being that changes in gold's price in terms of a currency do little more than offset changes in the currency's purchasing power.

Since January 1980 the values of US Commodities have been affected by growing demand and the price increasing effects of inflation. All commodities have enjoyed price increases..... ALL EXCEPT SILVER, which is virtually flat.....

It was really another amazing week in a so far, great year.

GLD - on buy signal.

Selling pressure earlier in the week gave way to strong demand for equities as concerns over the European debt crisis have been moved to the backburner. Investors have instead been focusing on the improved U.S. economic and employment picture.

After two weeks of trying, the Dow Jones now finds itself above its high of last April, and recorded it first BEV Zero in the Bear's Eye View chart below since 29 April 2011.

Technical analysts define the "Golden Cross" as the chart feature that occurs when a security's short-term moving average (such as the 50-day simple moving average) breaks above its long-term moving average (such as the 200-day simple moving average) or

Technical analysts define the "Golden Cross" as the chart feature that occurs when a security's short-term moving average (such as the 50-day simple moving average) breaks above its long-term moving average (such as the 200-day simple moving average) or

I have received numerous emails asking about silver. This article was prompted by a question enquiring what the silver price might be if my gold forecast of $4,500 proved to be correct.

I have received numerous emails asking about silver. This article was prompted by a question enquiring what the silver price might be if my gold forecast of $4,500 proved to be correct.

"I believe that banking institutions are more dangerous to our liberties than standing armies.

What a week it was. My head is still spinning.

GLD - on buy signal.

Gold is enjoying an awesome January, rallying strongly out of its oversold late-December lows. But last month's hyper-pessimistic sentiment deserves some reflection before it totally fades from memory.

The following article appeared on the web this morning. It reports that India will be paying Iran in gold for the oil that it will be purchasing

Ever since the creation of the Federal Reserve in 1913, prices somewhere in the economy are either inflating or deflating. There are two major areas for inflation to flow into:

GLD - on buy signal.

Markets are not nature's creation, whose movements and events are definable with mathematical precision. Markets are human creations, subject to the emotional swings of the buyers and sellers.

Any perusal around the world these days features Southern Europe crippled, preparing for the inevitable Greek Govt Bond default.

The year 2012 has started out in strange ways.

Despite gold's powerful secular bull over the past decade, gold stocks remain vexing to investors and speculators.

"[A] wise and frugal government ... shall restrain men from injuring one another, but shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned.

Over the past five months gold has fallen sharply and is no longer headline news which it once dominated back in 2011 when it was making new highs every day.