Gold Editorials & Commentary

It was another absolutely fantastic week.

The big talk these days is of the debt ceiling in the US having to be raised. The US is lucky they can do this unlike other countries such as Spain, Portugal, Greece, Ireland and others who need to be bailed out or pass huge austerity measures.

A couple weeks back on June 19th I posted my analysis on how the stock market was bottoming and that we needed a couple key sectors to participate before we would get a solid bounce.

It was an absolutely amazing week for leading stocks that we swing trade. The end of the first half of 2011 ended with a huge bang. Now we'll see this coming week if this breakout is for real.

"The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.

Imagine a doctor who administers an elaborate treatment for a man suffering from multiple broken bones, joint arthritis, and fallen foot arches. The quack doctor orders massive amounts of liquids as though he has a horrible case of dehydration.

After writing an article about the Platinum-to-Gold ratio, I decided to do more with the excel sheet, like calculating correlations and plotting the price charts for example. In this article, I will just focus on the Gold price.

It was another wild week with no real direction in markets and precious metals are breaking down.

GLD - on sell signal.

Everyone's been asking what's wrong with the mining shares? Well, since Doctor Bernanke and Treasury Secretary Geithner no longer return my calls, I can only offer you my opinion.

Thanks to June's sizable and rather-sharp stock-market selloff, fears are growing that a new bear market is brewing. For investors and speculators, the implications of these concerns are not trivial.

Mohammed El-Erian is given credit for the phrase 'The New Normal' to mean an altered state of perceived instability within the normalcy realm, as in crisis being called normal, like endless crisis.

"A trend is like a river flowing in its banks, around rocks and sharp bends. Occasionally, a river will be stable and flow smoothly. But at other points, it will be hazardous with wild rapids, a deep gorge, even a water fall or two.

The sweet Clash song "Should I Stay Or Should I Go?" seems to be the song most suited for the Greek situation right now. France and Germany are bailing them out and Greece is trying to pass large budget cuts to the disdain of their citizens.

GLD - sell signal this week.

Of the 133 analysts who have now gone public in maintaining that gold will eventually go to a parabolic peak price of $2,500/ozt.+ before the bubble bursts, 90 - yes 90, maintain that gold will reach at least $5,000 per ozt.

As it was the case in our previous essay (Will Gold Price Decline Soon or Is This Summer Really Different), let's begin also today's article by answering one of the questions that we've received from one

As it was the case in our previous essay (Will Gold Price Decline Soon or Is This Summer Really Different), let's begin also today's article by answering one of the questions that we've received from one

Statements are sometimes repeated to the point that they acquire the status of truth despite being deceptively false. In my mind I am undecided as to whether the greater morons are those that make such statements or those that accept them.

The stock markets' sharp June selloff is waking traders from their complacent slumber. The risk of a significant selloff, long ignored, has surged back to the forefront of market psychology.

I welcome the Internet debate on the question whether the Mint should be opened to gold and silver.

The coming summer should be exciting for traders! While summer trading generally tends to be slow, this one could be different. A large number of other professional traders I talk with are all feeling the tension building in the market.

With various states debating measures to elevate the monetary status of gold, the gold standard is more politically relevant now than it has been in decades.

Earlier this week, several websites and blogs that I follow announced that the "registered" silver at the COMEX exchange dropped below 29 million ounces ("registered" means the amount of silver available for investors to buy at the exchange.) This was touted as

It was another week best spent not looking at the markets unless you're looking to pick up some great miners on the cheap as we are, or go short some stocks as we are also. All in all it's going great!

GLD - on buy signal.

From the crash of October 2008 until August 2010, I wrote a weekly report comparing the crash of 1929-32 with our current bear market.

Traders beware, the dreaded precious-metals summer doldrums are now upon us! Summers are barren sentiment wastelands for the entire PM complex.