Gold Editorials & Commentary

GLD - sell signal this week.

The Homeless Recovery?...No, we're not referring to some type of improvement in the homeless problem domestically.  Unfortunately with what is happening both in residential real estate and labor markets, that problem probably gets worse before

Wealth cannot be dropped by helicopters. The solutions to the issues facing humanity lie beyond the realms of finance.

What a nutty week for the equities market! The bleeding has not led up with almost 2 weeks of straight selling.

When I first began examining supply/demand data on the silver market several years ago, I was somewhat hesitant to form conclusions, as silver (and gold) have traits which are very different than ordinary commodities - which affects supply/demand analysis.

"It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so" - Mark Twain

It was a non stop sell off last week in equities as the SP500 sold down 4 days straight with a small move up on Friday. While investors were cashing out of stocks, we saw that money move into the big shiny yellow safe haven - Gold.

Paul Krugman's article The Renminbi Runaround in the June 24th edition of The New York Times is not only diplomatically insensitive: it also lacks economic justification.

A great way to make yourself popular is to tell people what they want to hear, and the trick is to make yourself scarce before the wheel comes off, or at least slip quickly into the background when it does.

If I am right about the potential for a recession, it is going to bring Ben Bernanke and the Fed to a very serious crossroads. Recessions are by definition deflationary. But inflation is already as low as it has been in a very long time. Core CPI is less than 1%....

World leaders are meeting in Toronto, Canada, this weekend and the protests have begun. They'll be discussing how they can manage to save the global economy. Gold will be a topic, but not admitted.

History will remember this day. Whether or not the equity market cracks tomorrow or the next day or in a few weeks time, today is the day that it gave off a critically important signal.

So far this year, the US dollar has enjoyed a strong performance. Traders carefully watch this flagship currency since its fortunes affect virtually everything, from world-trade balances to global financial markets to commodities prices.

The world faces challenges and uncertainty these days like perhaps never before in modern history.

It's now official, Gold has broken it's perfect cup and handle formation. It's heading much higher here and now, with a very high degree of confidence. To buy or not to buy is the question. I've always liked to buy on weakness.

Over the years we have seen the stock market make some pretty exciting moves for share holders. This year alone there have been some interesting events unfold causing wild market swings which most of us did not think could happen.

GLD - on buy signal.

Over the past month or so, precious-metals stocks' performance has been frustrating. Even though gold looks great, lazily meandering over $1200 without a care in the world, the PM stocks have drifted sideways to lower.

It's been a bright week so far for stocks and commodities. It appears that the down trend could have ended as of yesterday (Tuesday June 15th). In this mid-week report I figured I would bring back the 80's colors to see if I can spice things up!

DELUSION

Last week we saw the financial market including commodities move higher which was great to see. But the recent run up has brought both equities and commodities to their key resistance levels.

Markets rallied in the US late into the week with most gains coming on Thursday. With options expiry coming in the week ahead we have be aware and not read too much into the moves.

GLD - on buy signal.

Oil stocks have been hammered especially hard in the recent stock-market correction. With both the general stock markets and price of crude oil falling sharply, the oil stocks didn't stand a chance.

Market volatility continues to shake things up making it profitable for traders who are quick to spotting key reversal points, manage risk and taking profits before it evaporates.

"You cannot multiply wealth by dividing it."

Adrian Rogers                    

WHAT HAPPENED AND WHAT DO I DO NOW?

The following is a transcript of an interview requested by a gold-friendly hedge fund.

It's now begun. Countries are falling, in economic speak, at an increasing rate. We will see currencies fail sooner rather than later. Gold remains the ultimate currency and must be a part of everyone's portfolio.

It was another extremely volatile week sharp rallies followed by sharp sell offs. Fear is in no doubt controlling the market. The bulls and bears continue to battle it out.

In this article we are going to consider the implications of gold's new highs of late last year and a month or so ago not being confirmed by new highs in either silver or the Precious Metal stock indices, and consider other factors having an important bearing o