Commentaries

I suggested to some colleagues earlier that, ulitmately, this Goldman Sachs derivatives scandal will further hasten investor distrust of paper “assets” and most likely accelerate the ongoing large flow of capital into phsyical gold and silver (and the movement toward investing strictly in gold/silver vehicles that offer verifiable, authentic custody) and ultimately cause the price … Continue reading

The just released CFTC Commitment of Traders indicates that the big banks increased their net short gold exposure to the highest since early 2010, hitting -292,244, a jump of -24,396, and an increase of -69,361 from two weeks prior. Also, in the week ended April 13, the outright Commercial short positions in Gold hit a … Continue reading

As someone still learning how to trade better (I hope I never stop learning), I wanted to lay out my thought process for re-entering the GDXJ ETF from the long side over the next week. The following is what I expect to happen, and I will re-adjust if the market doesn’t give me what I … Continue reading

Everyone knows the concept behind a “fractional” banking system, right? You have $1 in deposits and you lend out $10. The Romans invented the concept and it is widely understood to have been one of the ingredients that led to Rome’s demise. As per the electrifying CFTC hearings on March 26, and a fact that … Continue reading

While Gold is a hedge for inflation and deflation, that doesn’t mean that gold stocks are a hedge or outperformer in either environment. As we wrote last year, gold stocks tend to perform better when…

I think gold is a win-win investment because it’s now knocking on the door of its next rocket ride higher….

Gold’s bull market is starting to get warmed up again. The gains ahead in Gold are going to be greater than what we have seen since the secular bull market began at the turn of the century. Gold will continue to outperform general stocks, real estate, bonds and most if not all commodities. Paperbugs will … Continue reading

Mid-Week Gold & Oil Trading Report In my last report I showed some cycles for the price of gold and how they were starting to roll over which would in turn put some selling pressure on both gold and silver this week. Last Monday we saw gold and silver open higher but both were met … Continue reading

Whilst politicians of all the major parties during the general election campaign continue to ignore the giant debt elephant in the room as the general public continue to prefer to be deluded into thinking that Britain can skip the debt crisis that faces the country as a consequence of Greecesk levels of annual deficits and … Continue reading

In our previous essay, we’ve stated that a small correction [in gold] may be likely very soon, and since that his is what we’ve seen very recently, you might be wondering if this means that gold is likely to move much lower from here…..

I look at gold vs. general (positively correlated) industrial metals quite a bit, but in listening to the Bob Hoye interview here, I got the prompt to check out copper-gold (CGR)….

I’m not sure you want to short this chart.  But it sure explains the motive behind the massive long position in the euro taken by the “commercials” aka Big Banks: (click on char to enlarge) A big rally in the euro should translate into a big move higher in gold [ad#TDG 500×100]