Commentaries

Stocks went down sharply yesterday on concerns over consumer confidence and indications that show that the economy is stalling in China. China has been a leading market in this recovery and its bull market has helped the price of industrial metals and base metals. Over the past few weeks I have highlighted that the market … Continue reading

Ambrose Evans Pritchard writes in the Telegraph about what might be coming from the Federal Reserve, hearkening back to the days when Ben Bernanke was fresh out of academia, set to apply all that he had learned about the real world after having just entered it. As recovery starts to stall in the US and … Continue reading

Gartman: I don’t get the sense that the public is terribly involved. CNBC anchor: Wait you don’t think the public is involved in the gold trade Dennis? Gartman: No, not much at all actually CNBC anchor: But the holdings for GLD are at record highs Gartman: I understand but you look at who holds the … Continue reading

The Chancellor of the Exchequer, George Osborne hit the reset button on the UK economy by delivering the most radical budget of the past 30 years that has sought to cut an extra £40 billion from Britains annual budget deficit by 2014-15 which is on top of ALL of Labours March 2010 budget cuts and … Continue reading

Let me first start by saying I’ve been a long term “Gold Bull” since the fall of 2001, based both on economic factors as well as Elliott Wave patterns that I think are clear on Gold’s Bull rise.  As we are now almost in a Fibonacci 21 months of Gold rally off the October 2008 … Continue reading

Geologist Brent Cook, of Exploration Insights, in this exclusive article for The Gold Report, takes a look at the major gold mining companies’ dilemma—declining production as the gold price is hitting record levels. He also explains how the junior gold explorers are confronting a similar dilemma—fewer legitimate exploration properties….

1. “We are scary, scary owners of euros,” – John Taylor, lead manager for world’s largest currency fund, Bloomberg News, June 28.  The number one Bloomberg heading this morning says, “…Dollar Rally Buckles..”.  I mentioned the bankster game of pumping the news with the other side of their trade.  Read that sentence again.  Unlike the … Continue reading

I’m not sure how anyone can look at this chart and not understand or believe that the Government, via the big bullion banks (JPM, HSBC, Scotia, Goldman etc) manipulates the precious metals market.  I could show examples of many charts that look just like this from the past 9 years: (click on chart to enlarge) Don’t … Continue reading

Haven’t you heard? As I type this, the US and other world economies are supposedly in nothing but increasing deflationary pressures that will not be able to be stopped by any government or central banker no matter how much stimulus or money printing they decide on doing! At least that’s what many of the talking … Continue reading

The bullish set up in silver (and gold) has turned insanely bullish. An astonishing amount of silver has been removed from the Comex warehouses over the past two weeks. Most of it from Scotia – who has unrefutedly been accused by many, including me, of operating a “fractional” bullion custodian operation – and from HSBC … Continue reading