Gold Editorials & Commentary

Lease rates are spiking up again.

My view here is that the shorts are leasing silver and are "dumping" what they have leased into the market in an attempt to get the price down as much as possible.

We are fast entering the other side to statistical distortion, as an unusual combination has revealed itself. If it were not so destructive, it would be hilarious.

The much anticipated and much needed new ETF for precious metals stocks has finally debuted on 5/22, without much fanfare. In fact, there is very little info on the web. Reason is obvious, gold bulls are not in a celebratory mood these past few days.

The action on Friday was characteristic of a reversal and it was sector wide with Reversal Days showing up in the charts of the gold stock indices and many gold and silver stocks.

This week Wall Street finally began to acknowledge the possibility that all is not necessarily sanguine on the inflation front after all.

 “Silver is rarer than gold. Period. There is less silver in the world, above ground than there is gold. That is easy to document.

BUSINESS SUMMARY

In my work, I have focused 100% of my gold study on macroeconomic trends and world political developments. I have found this method very fruitful in understanding precious metals. I have not used charting, mathematical modeling of price activity, Fibonacci ratios,...

Anyone who cannot detect rumblings with more magnitude than early volcanic tremors is brain dead, plain and simple. For a full year, the USDollar enjoyed a sizeable counter-trend bounce. It relieved the long-term oversold condition.

It's my gut feeling the price of Gold did not break freely above the $550 level till the end of March. Because of that, the higher average price of Gold is simply not reflected in the earnings of the Gold stocks for this quarter.

The mainstream of economic thinking holds that China will continue to finance America's current account deficit indefinitely because American consumption is vital, if not critical, to the survival of China's export driven economy.

Much new money has been attracted to the resource sectors of metals and energy lately, therefore, it is only appropriate that a substantial correction has now begun.

The growing risk of a snapback rally by the dollar, highlighted as a danger in the big article on the site at the weekend and in the last Gold Market update, became reality today, precipitating a bloodbath in gold and silver and Precious Metals stocks.

A letter from a reader takes me to task for my missive "Bull in Bear's Skin?" saying that I am an "ultracrepidarian" out of my depth.

Summary & Conclusion

By now, almost everyone who has any interests in the financial markets are aware that gold is at levels we have not seen for twenty five years. The question I often get asked by public readers is, is it too late to buy?

Since silver has recently risen so much in the past six months, from about $8 to as high as nearly $15/oz., it's time to review the fundamentals.  I will back up each point with a link, so that you don't have to trust me, but so you can confirm the facts, and d

What a week. Gold prices soared to their highest levels in 26 years, and the dollar collapse verses just about every other currency on the planet. Despite the fanfare, the Dow Jones dropped below 17 ounces of gold, off 15% thus far this year.

Dear Mr. Northwest:

The famous speech made by Sir Alan Greenspan actually took place in Dec 1996, when Nasdaq was at 1300, up a whopping 200% in six years.

The purpose of this update is to draw readers' attention to the performance of Silvercrest and its future upside potential.

Let this essay be more on a personal nature. In my writings, I have refrained in diction from using the word "I" throughout. On a couple occasions, descriptions of certain family background facts have been provided, things like that.

Gold and Silver ended the week on a very strong note, and the questions on many investors and traders minds include, of course, how much farther has this bull market run got to go, and could we see further acceleration from here?

On January 1 this year, I posted the following chart at various websites, titled "chart of the year".

*A trivial game of bluff. It is played using randomly picked currency from your wallet. The denomination does not matter.

Recent price spikes and increased volatility in gold and silver markets have many observers predicting a dramatic popping to what they claim to be a precious metals bubble.

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The good news is:

Short term