Commentaries

From my blog at http://biiwii.blogspot.com……

This essay is based on the Premium Update posted on April 30th, 2010 Three weeks ago we’ve commented on the link between the general stock market and gold, but since the situation has changed significantly since that time, we would like to provide you with a follow-up. Let’s begin with the very-long-term chart (charts courtesy … Continue reading

Source: Tim McLaughlin and Karen Roche of The Gold Report 4/30/10 http://www.theaureport.com/pub/na/6199 ShadowStats’ John Williams has done his math and believes his numbers tell the truth. He explains why the U.S. is in a depression and why a “Hyper-Inflationary Great Depression” is now unavoidable. John also shares why he selects gold as a metal for … Continue reading

One very reliable directional indicator for the price of gold is The Privateer 5×3 point and figure chart, the one below goes back to 1985. I was in a lazy mood today and I think this chart pretty much speaks for itself. The P&F pattern is a double-top breakout and the odds are high that the … Continue reading

1.   Nouriel Roubini is back!  So are a boatload of other top economists, all horrified as they watch what they term “the tip of the iceberg”. The Euro crisis has deepened into a catastrophic mess, one that has just started.  While it all looks hopeless, I want to remind you that the “banksters” continue to … Continue reading

We have been looking at global trends and the debt markets very carefully this year so as to remain prudent about our views on the direction of gold and the Australian gold sector. This may seem like a long bow to draw however the thigh bone is connected to the knee bone when it comes … Continue reading

Source: Tim McLaughlin and Karen Roche of The Gold Report 4/28/10 http://www.theaureport.com/pub/na/6167 “If we have a robust gold price, we are going to have a robust junior-stock market,” asserts Mickey Fulp, “The Mercenary Geologist.” In this exclusive interview with The Gold Report, Mickey explains that gold evaluations may not be reflected in prices. You’ll also … Continue reading

Since early 2009 we’ve written about the super-bullish long-term cup and handle pattern in Gold. It dates back to 1980 and has a logarithmic target of about $2,100. We noted that previous cup and handle patterns in Gold all reached their logarithmic target1. We expect that this move to $2,100 will be the recognition move … Continue reading

The stock market plunged hard after S&P downgraded Greek debt to junk status and cut its ratings on Portugal sovereign paper.  What may have taken most observors by surprise is the spike up in gold that occurred, even with a move higher in the U.S. dollar.  Gold has been transitioning this year into its 5000 … Continue reading

Not much to comment on this chart. The credibility of the central banks is running out. Full year: