Gold Editorials & Commentary

What have top analysts from domestic and international financial institutions forecasted for gold in 2014? How accurate have they been so far? What does the consensus seem to be? Try to conclude for yourself after reading summaries of their predictions below. This...

This was another short week, with Monday a bank holiday in the UK. Through Tuesday, the prices of the metals seemed to want to hold onto the increase that was sparked by an unemployment report. It wasn’t until Wednesday that the prices began to sag, almost but not...

The PRICE EARNINGS RATIO is sometimes referred to as the "multiple", because it shows how much investors are willing to pay per dollar of earnings. If a company were currently trading at a multiple (P.E.R.) of 20, the interpretation is that an investor is willing to...

In today's post I'm going to make the case for stocks moving down into a sharp correction over the next 4 weeks and conclude with my thoughts on inflation. To begin we need to examine the last two intermediate cycles. Normally an intermediate cycle will run roughly...

The tie between money and politics is inseparable. Money, economics, and currency seem more palpable and less prone to fits of emotion. Unfortunately, the degree to which monetary issues are misunderstood seems to negatively correlate with the politics surrounding...

This week my focus is on the stock market, but first let’s compare how the Dow Jones has performed compared to gold and silver since their credit crisis lows. Remember, gold and silver bottomed in October 2008, five months before the Dow Jones. When the Dow Jones...

One of the slowest weeks in a long time is finally over. We started the week buying into a few stocks but then we were quickly stopped out the next day for a mix of smallish gains, small losses and a couple at break-even. Getting stopped out quickly ensured we didn’...

The elites want war. Will they get war? In the past, it was a slam dunk. There was no nation strong enough to oppose the elite’s weapons of mass destruction, aka debt and the US military. How things have changed. The failed Western banking system is way past its...

Long term – on major sell signal since Mar 2012. Short term – on mixed signals. Gold sector cycle – down as of 3/21, ending the up cycle since 12/27. COT data is not supportive for higher prices overall.

Chart Analysis US Dollar, Gold Money, Silver Fuel Cells, GDX & Gold Stock Exhaustion Gap via videos.

A major selloff is brewing in the lofty US stock markets, which have been grinding sideways for a couple months now. Momentum has faded despite selective positive earnings-season news and Janet Yellen’s jawboning. Stocks remain very overvalued, way too expensive for...

Seventy odd years ago, the US established the dominance of the dollar enshrined by the Bretton Woods Agreement. Since then, the US supplied the world with greenbacks to run everything from balance of payments to budgetary deficits and of course, wars. However the...

The Volcker Rule was implemented this past April fool’s day and will restrict banks from holding certain “covered funds” in their long-term portfolios which includes Collateralized Debt Obligations, C.D.O.s. These are the riskiest parts of securities that were re-...

Hands up if you are amongst the gold believers who are frustrated with the long bear in gold. Hands up if you are a part of the group that could care less about gold and may even believe that it is a barbarous relic. And finally hands up if you are amongst the few...

Last week we speculated that a decline in May would create an opportunity. We concluded: The near term prognosis looks cut and dry. Until proven otherwise the short-term trend is down. If that is confirmed in the coming days then let these markets fall to strong...

Before we look at some charts tonight I would like to follow up on a post Sir SA Viking did at the Chartology Forum today about not trading in the first 30 minutes of a new trading day. He is absolutely correct. If you’ve been trading in the markets for any length...

The Federal Reserve has spent over $3.2 trillion in the post-Crisis era. The bulk of this money printing has gone towards buying garbage mortgage securities or US Treasuries from Wall Street.

Briefly: In our opinion speculative short positions (half) are justified from the risk/reward perspective for gold, silver, and mining stocks.

The crucial swing states for deciding the US presidential elections through voting system fraud were Ohio and Florida. Whether by machine software with rigged software programming or by bussing in Somalians or by altering the vote count upon final submission or...

I listen to CNBC sometimes. Usually when I'm running around or working out or something. Not for the opinions of the traders, which I find more entertaining than useful or informative. Mostly for the news: earnings reports, profiles on new products and companies...

Leadership in the financial markets speaks to investor conviction. If you want to know where demand is strong, a leadership list is a good place to start. When investors are confident about increasing stock prices, they tend to demand companies with faster growth...

John Embry said last month that the rally at the beginning of the year was encouraging, but to remember that sentiment for gold was still extremely negative. He says that the stock market’s new highs are a result of the Fed ‘jamming cash into the economy.’ With...

Have you seen this “real price of gold” chart that’s been making waves? Among other things, it purports to show the gold price adjusted for inflation over the past 223 years. Notice the 1980 vs. 2011 levels.

I present another intriguing translation, this time from an article by Tan Weihuan “China Gold News” Chief Researcher on the internationalization of the renminbi. What I find interesting is that according to the author China or any other of the BRICS countries in...

Despite a mainly negative sentiment towards gold from investors as evidenced in the continued liquidation in gold-backed exchange-traded funds amid signs of an improving U.S. economy, the crisis in Ukraine has prompted in recent safe-haven buying which helped boost...

Western bank economists continue to make very bold and aggressive statements about lower gold prices in 2014, based on stronger growth in America.

If you have been following my analysis for any length of time then you already know I forecast gold and the stock market using my own method of quantitative trading. If you are not familiar with what quantitative trading is here is my definition.

Thus far in 2014, April ended on schedule and May arrived as expected. Well-placed sources, wishing to remain anonymous as they are not at liberty to speak on the matter, suggest that June will also arrive on time. That seems to sum up the only accurate components...

Before we look at the weekend charts I would like to quickly go over our three portfolios as some of you think I maybe not managing the risk portion correctly. As you know we have three portfolios made up of three different types of stocks. The Junior Portfolio is...

So far my 2014 expectations are playing out pretty much as planned, with a few adjustments. With the threat of war in the Ukraine I think the final bubble phase in stocks is now off the table. I doubt we can get the euphoric buying pressure necessary to generate a...