There is a Narrative about Russia and how it will change the monetary system. Many analysts in the gold community are promoting this story. There’s just one problem with this Narrative. It is like how Michael Crighton described the Gell-Mann Amnesia Effect, stating...
Gold Editorials & Commentary
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April 5, 2022
The likelihood of disruptive changes in the global financial system is growing. Investors around the world are wondering what to do about it. The Biden administration is waging economic war on Russia in response to the invasion of Ukraine.
Last week, the rise in global influence of the World Economic Forum (WEF) was the main topic of discussion. This means that the concept of the “Great Reset,” which is intended to establish the New World Order (NWO) is on track according to their schedule openly...
I have now been writing for well over a decade on Seeking Alpha. And, during that time, I have tried to enlighten readers as to how I see the market machinations take shape, especially as compared to the common views held by most market participants. So, there's...
April 4, 2022
While the PMs and the general stock market assume that rising interest rates won’t cause any significant bouts of volatility, history suggests otherwise. With good data likely to elicit bad outcomes for both parties, the hotter the U.S. economy gets, the more cold...
I promise you that the gold cartel will fight tooth and nail to prevent the gold price from breaking out. This means that the gold price will be stuck in a sideways.
The Fed’s own data on the distribution of wealth in the US is a quarterly report card on the Fed’s official policy goal of the “Wealth Effect.” It has now released the data for Q4. The Fed uses monetary policies, such as QE and interest rate repression, to create...
The Dow Jones closed this week almost where it did last, down about $45, or 0.12 BEV points. Last week I thought the Dow Jones was thinking it over; what its next big move was going to be; to the up or downside, to new all-time highs, or a break below its 2020 flash...
April 3, 2022
We penned in our prior missive that: "...Gold in the technical vacuum is quite stretched to the upside..." Indeed no sooner was that written then did Gold's weekly parabolic Long trend finally come to its end. Below, per the rightmost red dot, such trend is now...
With Gold market in more of a holding pattern in recent days, I thought we would take a look at the cyclical/technical position of the U.S. stock market this weekend.
April 2, 2022
Our proprietary cycle indicator is UP. Gold sector is on a new long term BUY signal, suggesting that the correction since 2020 has been completed.
Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.
April 1, 2022
This is the first in a series of posts looking at the confiscation experience of the 1930s. Today’s topic is vital for many people. Confiscation is a big word that has come to mean; stealing your physical bars but done by the government so it is legal.
It seems everything claims to be gold. Oil is black gold. Melted cheese is liquid gold. There’s even red gold, a tomato company. It’s just not fair!
“Remember what we’re looking at. Gold is a currency. It is still, by all evidence, a premier currency. No fiat currency, including the dollar, can match it.” – Alan Greenspan, November 2014
Commentators are trying to make sense of Russian moves. However, there is a back story which differs from much of the speculation, which this article addresses.
March 31, 2022
Gold and the USD act as if they are swinging on a seesaw. However, the apparent idyll cannot last forever – one of the assets will have to be grounded.
Today, on account of Russia's war against Ukraine, a worldwide currency war is raging as well and it is largely a war over gold.
World events are driving a volatile and potentially pivotal environment ahead for investors. Huge swings in financial markets are likely still to come.
Gold mining stocks as a whole have underperformed Gold since 2007. The GDX to Gold ratio from its 2007 peak to its 2015 bottom declined 80%.
The topic of de-dollarization has taken on new life, a result of major geopolitical conflicts around the world. And the ultimate act of de-dollarization would be a non-US country initiating a gold standard.
March 30, 2022
The Western financial system and world reserve currency is now in open decline. Just two years ago, I wrote a book warning that Western markets in general, and US markets in particular, were Rigged to Fail.
The month of March has been a wild one for the COMEX digital metals, and despite the war in Ukraine, this is not unusual. But soon we'll turn our attention to April, and we'll wait to see if a renewed rally toward $2000 gold is forthcoming.
An already high rate of inflation is almost certainly in the process of getting much worse, as the Ukraine War and the sanctions thereon are likely to lead to global shortages of many things, including energy, food, and the fertilizer to grow food.
March 29, 2022
As Ukraine’s Zelenskyy suggests his government could finally forsake NATO and embrace neutrality, should gold bugs be concerned about a sinking price of gold?
Gold at $20,000 is the latest price prediction from a high profile analyst. The article I read makes a strong case for how the gold price could go to $20,000 oz. if the US dollar loses ninety percent of its current value.
The move into risk assets over the last few weeks has been surprising. We were due for an oversold bounce in stocks and bitcoin, but this seems excessive. Are we about to see a rug pull? Why is gold down while stocks are rallying?
The Russian-Ukrainian war still rages, oil is still very high, inflation is supposedly ravaging the country, we are facing potential food shortages, the Fed is raising rates, and there does not seem to be an end to the bad news. Yet, the stock market continues to...
March 28, 2022
Neither the pandemic and inflation, nor war. Nothing seemed to be able to motivate gold to surge, although there were opportunities. When’s the next chance?
Before we look at the Gold charts tonight there are a couple of things I would like to explain to our new members. Long term members have heard what I’m going to explain many times in the past when we start a new impulse move. It sounds pretty basic but very...