Commentaries

As human beings we try to intellectualize and get to the bottom of things.  We seek to find meaning in everything.  There must be a reason for what is happening at any given time. Take for example the Dow’s stellar performance and gold’s lousy performance even as monetary policy has gone reckless on a global scale.  This … Continue reading

As eventually happens to every dog, over the past three months the world’s policy-making fraternity has been having its day

The Dow Jones Industrial Average climbed a steep wall of worry and last Tuesday returned to its all-time high from late 2007.

The quantity theory of money and its accompanying equation of exchange are generally accepted as defining the relationship between money and prices.

Tekoa Da Silva submits: I was able to connect with the legendary Don Coxe this week, chairman ofCoxe Advisors LLP, during a time in which investor sentiment in the mining and precious metals sector has reached levels of “despair and cynicism”,the likes of which Don has never seen before. What was encouraging to note however, was that in … Continue reading

Investors’ sentiment in the whole precious metals sector is so low that it seems it almost cannot move any further below its current level and it has profound implications for the market:

We have been reviewing different versions of this chart in NFTRH over the last several weeks as the S&P 500 approaches a long-standing target of 1550+.  Today it looks like that target will be hit and exceeded with ease, but last summer and right through the Fiscal Cliff nonsense in December, very few were willing to entertain … Continue reading

There are a lot of words in the dictionary to describe what you need these days to be a gold investor: patience, endurance and fortitude are some of them

The London Bullion Market is the global trading centre for physical gold, and the Bank of England holds gold on behalf of other central banks.

Investors sentiment for precious metals and gold and silver mining stocks has deteriorated quite substantially recently. And silver is no exception here, which can be seen on the white metal charts.