Gold Editorials & Commentary

I believe it was Johnny Cash who made those words famous- "I hear that train a'coming. It's coming round the bend." Today, I believe the fundamentals for the Precious Metals reflect something analogous to a train that is coming, alright.

Contrarian thinking is good to spot initial new trends but usually does not work to well after that and really does not pay off when it comes to predicting market tops.

What is the true value of gold?

A rant is due, on the eve of the latest screwball USFed rate hike. While the USEconomy boasts of being advanced, sophisticated, and developed, the last three decades have seen a crippling dependence upon inflation for the generation of wealth.

It's been a while since we looked at the relationship between gold and the dollar. These two have always had an inversed relationship with each other, if one is up, the other is down.

Gold confiscation is a subject that divides gold investors. Some say it won't happen again and others say it will happen again. The one thing they tend to agree on is that they don't want it to happen again.

With gold prices rising against all of the world's fiat currencies, some have suggested that gold now trades as if it were an alternative currency, on par with the dollar, euro, and yen.

How would you like to own silver without paying for it? You say it sounds like a fairy tale? Well, allow me to tell you about it by beginning my story in the classic fairy-tale fashion.

In the last update gold was expected to break higher, but instead it went into a rather steep downtrend, which terminated at support at the February low and the Reversal Day high in December.

Investing in the foreign exchange market is like judging a reverse beauty content, that is to say, trying to select the currency that looks the least ugly at any given moment in time.

IRANIAN OIL EXCHANGE IS "ON HOLD"

With silver breaking to new highs, a lot of excitement is generated. Precious metals and related stocks are once again in the spot light, with many bullish analysis supporting a continued move higher.

A few key signals should gain attention as the investment community struggles to fix on accurate indications for US Federal Reserve policy changes.

It is not wise to write about gold's correction. It seems folks prefer to read those four and five digit gold price predictions, therefore, if you belong to the "to da moon" club, read no further.

As the FED continues to slowly raise interest rates quarter point by quarter point, the financial environment may seem to be changing very little, but in reality it is becoming increasingly at risk from financial tornadoes; A tornado is a storm that appear sudd

THE ICE CAP

I have documented this amazing phenomenon a year ago, and for those who have not read my previous article, a little background is needed before reading this special report.

It's been awhile since I have written, and it really feels good to be back. Sometimes life gets a little "busy" so I have tried to forward my thoughts for the last couple of months by writing some late night rants on the Gold-Eagle Forum.

So far, 2006 has been a very volatile year for gold stocks. After soaring 20% in January, the XAU declined by 15% in February, despite the fact that gold only declined 1% during the month.

Gold bulls had a great run in the past few months, and those of us who participated in the latest up cycle have taken partial profits while maintaining a core position for the long term.

It is widely believed that the Federal government has an unofficial policy that some banks and other financial institutions are simply too big to fail. As a result, it is assumed that the government will take any action necessary to ensure that they do not.

Over the past weekend, many articles were digested along with meals taken in alongside some more fine Olympic action (not without drama between Shani Davis and Chad Hedrick).

More than 100,000 Iraqi soldiers backed up by 700 tanks invaded the Gulf state of Kuwait in the early hours of August 2, 1990. Saddam Hussein threatened to turn Kuwait city into a "graveyard" if any other country dared to challenge the "take-over by force".

In August 2003 I published an Elliott Wave forecast for gold which suggested that the target for the peak of the first major wave of the new gold bull market was $630.

From time to time, even these days, an article pops up by a writer who attempts to dismiss Technical Analysis, or charting, as random, worthless nonsense, or at least as being secondary to the superior art of Fundamental Analysis.

Much has been made of the fact companies with pure molybdenum deposits have not reacted as strongly as one might expect based on the base metal bull market and the price of molybdenum now having sustained a price north of $15.00 for approaching 2 years now.

Yesterday, Ben Bernanke began the first of what will likely be many semi-annual pilgrimages to Capital Hill.

Preface: Welcome, Chairman Bernanke. May you ward off price inflation from reaching the core CPI. May you enact policies that continue to export inflation to Asia. Embrace those faulty statistics.