Gold Editorials & Commentary

The perfect storm this. The perfect storm that.

Gold Stocks - A contrarian view on where the next Gold Stock winners will emerge.

Update 19 published on 30 April 2008 expressed the view that the there was a strong probability that the correction from the March 17 high of $1,033 was complete. In addition Update 19 contained the following warning:

The USDollar is on the edge of the chasm again. The nonsense has been cast aside about a bank recovery, a housing stabilization, and an economy that can withstand a spillover.

The Inaugural Session of GSUL took place in February, 2007, at the Martineum Academy in Hungary. Subsequent sessions, including one in Dallas, Texas, showed a healthy increase in attendance, on average by fifty percent.

Whilst most people are vaguely aware that oil is important to the world economy, few understand the true impact of the recent rise in the oil price.

For the last couple weeks, my attention has been given to the amusement and desperation behind propaganda, bluffs, and the utter desperation of the USFederal Reserve in the orchestrated rumors of a new position wherein they would soon or eventually raise the of

THE PRICING OF OIL: It never ceases to amaze me how little is known and understood by all the talking heads that we see and hear on TV pontificating on the topic de jour: Today’s being the price of oil.

GLD – on sell signal.

Gold Market Update

WHAT UP WITH THE MEXICAN PESO ??

One of my subscribers and a friend, Charles Cohen, has allowed me to share with readers an article which he recently wrote on the performance of Warren Buffett and his company Berkshire Hathaway vs Goldcorp.  The results will shock you and this is a must read.

Quadrillion? That’s a number only astronomers use, right? You know…as in the North Star is “just” a couple of quadrillion miles away.

Summary

GLD – on sell signal.

Just a week ago gold and silver were well placed to begin a new uptrend and while they are still are, we have over the past week witnessed severe testing of - and erosion of - support at a critical level that is leading to rapidly increasing downside risk.

“I sincerely believe ... that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity under the name of funding

Some very confusing factors are at work relating to the USTreasury Bond market and the gold market.

I started writing this piece as the sub-prime crisis was unfolding.

As I have pointed out to you in the last few missives, BULLISHNESS dies hard and is typical when a market is in the process of forming a Major Top.

GLD – on sell signal.

Standard & Poor announced in late May it has cut or might cut debt ratings on $34 billion of securities tied to Alt-A mortgages, whose type issued in 2007 have a default rate to 6.64% for 90 days late as of end April.

I've been writing a lot of articles lately on the supply shortage of silver from various mints and coin dealers, but I wanted to take a step back from focusing on that specific issue, and present an overview of the major fundamentals again.

The title is a bow to Peter Schiff for his admirable article It’s Not an Oil Crisis: It’s a Dollar Crisis.

GLD – on buy signal.