Commentaries

..Being a Big Silver Buff (BSB) like I am, I note the ups and downs of silver. Lately, it’s been mostly the downs. This strange downtrend in the silver price makes me look like an idiot after I…

Just as no technician (or fundamentalist) knew gold junior stocks would suddenly form a big top pattern in October, none knew the juniors would suddenly form a powerful bottom formation now.

Gold is in an historic Bull Market because most nations are printing their paper currencies like they are going out of style (and maybe they are) as each nation tries to battle off the massive deflationary backdrop of debt that has permeated most of the world. This surge of debt monetization – this devaluing of the U.S. Dollar for one – has set the scene for a parabolic rise in $Gold to $1860, or higher, over the coming months before an intermediate-term correction takes place.

Weekly Review…

Inflation vs. market fluctuations is always a hot topic in precious metal markets. Inflation is good for gold, which has a long history of acting as a hedge against it.

I have a buy signal on the US Dollar, yet I warn you this is a trade for the nimblest of traders, and could be your last kick at the long US Dollar can.

..I was planning to go into a bizarre and irrational rant against JP Morgan for its obvious scam of manipulating the silver market by massive naked-short positions, and including in my Loud Mogambo Diatribe (LMD) the scumbag government and…

Let’s breakdown the December trade deficit numbers released today.  For all of December, the trade deficit was $40.6 billion, roughly in-line with expectations and up $2.7 billion from November.  The media is already pointing to the fact that imports increased by $5.1 billon from December to November as the signal that the U.S. consumer has returned and the economy … Continue reading

$7.2 Billion Greater Than Year Prior, $21.1 Billion In Interest Payments…

C/O of GATA, here are some of Thomas Kaplan’s thoughts on Gold. Pay special attention to the bold: Even today, as the gold rally has reached the 10-year mark (following a 20-year bear market), the metal represents a mere 0.6 per cent of total global financial assets (stocks, bonds and cash). This is near the … Continue reading