Gold Editorials & Commentary

Ben Bernanke was instrumental in creating a bubble in U.S. Treasuries. His actions have served to inflate it to the point that it has now become the greatest bubble in the history of global investment.

We had a very weak week in the precious metals and later on, the general markets and many stocks also broke down.

I’ve been patiently waiting for this move to come since the start of the year with a few good trades in between.

If you’ve been a hibernating bear lately, you’ve missed a ton of positive news, as U.S. construction spending rose, ISM manufacturing data beat expectations and the country added 157,000 jobs.

Never before have we seen major indicators in such a conflicting state. Taken in isolation many important indicators are giving clear signals, but they are in conflict with one another to the extent that the outlook is a clouded mess.

To illustrate the difficulty of measuring performance in terms of the US dollar, today we are presenting three inflation-adjusted (IA) gold charts.

The Dow Jones (Blue Plot / Left Scale below) closed above 14,000 for the first time since October 2007.  Closed above 14,000 in nominal dollars that is.  In constant 1979 dollar terms (Red Plot / Right Scale) the Dow Jones today closed 30% below its high of

The financial world was shocked this month by a demand from Germany's Bundesbank to repatriate a large portion of its gold reserves held abroad.

We at Sunshine Profits suggest holding three precious metals (in a physical form) as long-term investments in a “default” precious metals portfolio – gold, silver and platinum.

Recently I asked a question that I suspect many followers of the Kress cycles have asked at some point.  Here it is:

"If tyranny and oppression come to this land, it will be under the guise of fighting a foreign enemy.  But, in reality it will be an Enemy from within”  

James Madison (1785)

It’s certainly a challenging time still for gold and silver but the long-term reasons for holding physical gold remain in place.

GLD – on buy signal.

The fiscal cliff, tax increases, the debt ceiling, missed earnings – investors certainly have had much to worry about lately.  So why in spite of these fears has the market continued to rally? 

Perhaps you have heard that the Fed is printing money to get out of the crisis and that such actions cannot possibly end other than in even more money being printed and in the dollar losing its ability to buy you tangible assets.

It sure was an amazing week and by far the best week of the year so far for myself.  Not for gold or silver by any means and that’s why I just hold some physical gold and silver and focus my daily energies on finding the big winners.

Well, it appears that the Dow Jones is going to take out its last all-time high of October 2007, even as market trading volume is collapsing.   That fact alone should make us wary of the stock market, but the Dow Jones doesn’t seem to care; the Dow has

Rock-a-bye baby, on the treetop,

When the wind blows, the cradle will rock,

When the bough breaks, the cradle will fall,

Germany is neither independent nor sovereign, prevailing pretences notwithstanding. It has American troops on her soil for reasons unexplained and unexplainable after all Soviet occupying troops were withdrawn almost 25 years ago.

The US stock markets have been surging in one heck of a January rally.  The combination of the fiscal-cliff tax deal and generally solid Q4 earnings have propelled stocks to their best levels in 5 years.  But these gains have been accompanied by stellar

AMEX Gold BUGS Index

Dow Theory is one of the oldest forms of Technical Market Analysis.  The theory was originally devised by Charles Dow, founder of the Wall Street Journal, over 100 years ago.  While there are six major tenets of the Dow Theory, the most famous one states that b

It is a reality of life that those investors who favor gold (and silver) as their preferred asset-class need to have ‘thick skins’.

Navigating a metals mining company through the treacherous seas of the global economy is no easy task.

Last three months were sort of a roller coaster for precious metals investors – gold and silver hit a local bottom at the beginning of November and it looked like nothing could stop a strong rally to follow.

“Economic stimulation” is now a way of life for our “policy makers.”  They have no other choice today but work hard all day and all night long.  As Richard Russell has said for decades; “the Federal Reserve must inflate or die.”  He was and still is 100% correc

GLD – new buy signal.

In the Weekend Report we looked at some of the US stock markets to see if they may have a chance to move higher over the intermediate to longer term.There were several charts such as the Russel 2000 and the Transportation Average that are now just starting to b