Gold Editorials & Commentary

GLD - on buy signal.

ARE TREASURIES AAA JUNK BONDS?

Change is in the wind. The ratio of the gold shares to the gold price has now given an unequivocal buys signal - as can be seen from the following 3% X 3 box Point and Figure Chart (courtesy stockcharts.com)

The resource industry and market review I have prepared are the result of several queries from investors and associates in the past few months about my feelings and beliefs regarding the current debacle and what the future holds.

Broad Markets on the Brink of Destruction

Another fun week is finally over. So many traders have logged off for the year so with the lighter volume comes volatility and the week didn't disappoint. The DOW ended the week down only 2.19% but the swings were wild nearly every single day.

Another fun week is finally over. So many traders have logged off for the year so with the lighter volume comes volatility and the week didn't disappoint. The DOW ended the week down only 2.19% but the swings were wild nearly every single day.

One of the more unusual manifestations of the financial meltdown this year has been the dollar spike, that caught a lot of traders by surprise, and was generated in part by a stampede into the percieved safety of short-expiry US Treasuries, which necessitated t

As these words are being written, there are two extraordinarily worrying facts in the world's financial markets:

GLD - on buy signal.

December 2, 2008, was a landmark in the saga of the collapsing international monetary system, yet it did not deserve to be reported in the press: gold went to backwardation for the first time ever in history.

The USGovt and financial system is growing deep commitments to support dead entities. Their business models have failed. They are bankrupt.

THE DANGER AND PITFALLS OF LOW INTEREST RATES

Here is our monthly update on major indexes for our international investors.

The "crime of 1873"

It has been an incredible year loaded with surprises but I think that the next few years will surprise even more. Whenever I feel certain about something coming, I 'm glad to put it in print.

So the trough is about to be refilled, this time with even more feed - $800 billion to be precise. Thanks to the Fiat money system this extra liquidity can simply be created out of thin air, all it takes is a few keystrokes.

For USA readers we wish you a Happy Thanksgiving. We have a lot to be grateful for if we sit and make a list. Sure, there's a lot we don't like and a depression may be coming to America, but take a look around.

The OMEN for a powerful shift in the gold market in my playful mind was the very real earthquake on November 18 here in Costa Rica, a clear signal from the financial gods, no minor tremor, measured at 6.0 on the Richter scale.

As this is going to be the last of these Updates, it is appropriate to review the reasons for writing this series of articles on Elliott Wave and the gold price.

Shining gold prices & gold stocks and slippery Oil prices and energy stocks

The jump in the gold price on Friday November 21st 2008 may be the harbinger of a sea change in attitudes in the markets in general.

GLD - on buy signal.

Furthering the discussion of the Gold to Dow ratio, the author stated that the ratio of one Gold ounce to one DOW average, which peaked at over 40:1 recently, may go to a fraction to 1 or as low as .03:1 or a price of gold over $50K/ounce, possibly as high as $

Gold has remained in a narrowing trading range since the last update late in October, which is looking increasingly like an intermediate base area that will lead to a significant advance.

A major challenge looms large on the immediate horizon. The USEconomy must be reflated in order to avoid collapse. Debts have become a crippling factor.