Commentaries

In the current policy and media stoked market environment, anything is possible.  It’s  the wonderful, magical world of hands-on policy making.  5 years after the financial crisis, but still not enjoying a ramping economy like the good old (and long gone) days of the last great secular bull market (RIP 2000)?  Just sit back, relax … Continue reading

TICKERS: AMM; AAU, EDR; EXK; EJD, GPR; GPL, KBR; KBX, PVG, RD, SSO; SSRI, SVM Source: Kevin Michael Grace of The Gold Report   (8/26/13) Multibillion-dollar capital expenditures for precious metals projects have gone the way of the dinosaur, says Ash Guglani, research analyst at Salman Partners. In this interview with The Gold Report, Guglani delivers a report card for … Continue reading

The media love to get a hold of buzz words and then give them a spin and a life all their own.  Recent examples were the mainstream media’s presentation of ‘Operation Twist’ – which was simply an official yield curve manipulation designed to sanitize and dampen inflationary signals – as an inflationary operation, and the … Continue reading

Today, gold in the global market reversed early gains and fell to its lowest in more than a month as U.S. futures extended losses on fears the United States would curb its stimulus soon and as a U.S. strike on Syria looked less likely.

TICKERS: AEM, AMM; AAU, ALS, CAA, FNV, GRO, MD, NGD, PVG, RMC, RGLD, VGQ, YRI; AUY; YAU Source: Brian Sylvester of The Gold Report  (9/11/13) Adrian Day is finding that the glass is definitely half full these days. While the founder of Adrian Day Asset Management believes that volatility in precious metal stocks will continue, he also … Continue reading

The following is excerpted from a commentary originally posted at www.speculative-investor.com on 8th September 2013.

In our previous Oil Update we examined major factors, which previously fueled the price of light crude. Before we move on to the technical part of our Oil Update, let’s take a closer look at the events of the previous week.

In light of today’s positive economic data out of China, I thought I would reproduce a segment from NFTRH 255 (9.8.13) that speculated upon the possibility of a new up cycle in inflation expectations based in large part on China and its credit growth cycle (on which central planners have announced a planned clampdown).  China … Continue reading

US manufacturing expanded again last month as July’s strong pace was maintained in August at 55%+.  New orders increased at a healthy rate of nearly 5%, but right along with this prices also increased by 5%. This is the threat to the Goldilocks backdrop that has supported policy makers’ ability to continue the inflation because … Continue reading

Last week gold rose to its highest level since mid-May as possible military action against Syria prompted safe-haven buying.

TICKERS: AR, AUQ, ABX, ELD; EGO, G; GG, K; KGC, KDX; KLNDF, PPP, PRB, TGZ Source: Brian Sylvester of The Gold Report  (9/4/13) Analysts at Mackie Research Capital crunched the data to stress test which junior miners would thrive, survive or die at $1,000/oz gold and $18/oz silver. In this interview with The Gold Report, Barry Allan, director and … Continue reading

We occasionally see articles where the monetary base is wrongly discussed as if it were akin to the money supply or as if the change in the monetary base indicated the amount of monetary inflation in the economy.