Commentaries

Friday, April 2, 2010 I can promise you that the hard Gold bull crowd had to sit thru YEARS of irrational market behavior in the general stock market leading up to the 2000 peak in general stocks. While Gold stock languished in the late 1990s, the NASDAQ bubble rose higher and higher. We are going … Continue reading

Many public readers have asked what my current prognosis is for the gold market. I have published a special report for our subscribers in November which continues to be on track and valid for the current market. Here it is in its original content:

In March, the US government issued a massive amount of debt: $332.8 billion – the biggest amount ever since the all time record of $545 billion raised (most of it purchased by the Fed) during the apex of the financial crisis in October 2008. The US Treasury had $12.717 trillion in debt subject to limit … Continue reading

…Sovereign governments through their bailouts, stimulus packages and support, have basically become the credit markets….

This essay is based on the Premium Update posted on March 26th, 2010 In our previous essay we explained the link between the USD Index, and the price of gold and commented on what how is the situation on the USD likely to influence the precious metals market. This week, we would like to comment … Continue reading

Was looking at the Gold forward lease rates from the London Bullion Market Association (LBMA) website (you can look yourself here if interested). It looks like the 1 and 2 month lease rates have inverted for the past three trading days in a row. When you start getting into lease rates, my brain has to … Continue reading

Amazingly enough…or maybe it’s not so amazing, every time gold corrects we see the conspiracy theories flying thick and heavy.  I’ve questioned these theories I don’t know how many times and I have yet to receive a logical answer.Now that I think about it, I don’t believe I’ve ever received any answer. If gold is … Continue reading

“The case has never been better for having a position in precious metals as a store of value,” says Mike Niehuser, founder of Beacon Rock Research, LLC, especially in light increasing amounts of government debt. In this exclusive interview with The Gold Report, Mike talks about his goal of finding mining stocks with good management and assets with defined pathways to value creation and two in particular that he’s keeping an eye on that “have excellent exploration upside.”

The job, of course, being to wash out weak hands. These hands generally consist of the public and momentum chasers/hedgies/short-term chart jocks. The public, in aggregate, always hates any asset class that is falling, rather than seeing it as a buying opportunity. Chart jocks migrate toward trending markets, and corrections are what happens when the … Continue reading

When we put up a link to last week’s CFTC hearing webcast little did we know that it would end up being the veritable (physical) gold mine (no pun intended) of information about what really transpires in the commodities market. First, we obtained direct evidence from Andrew Maguire (who may or may not have been … Continue reading