Commentaries

It may not seem like much happened yesterday, but a very important event occurred.

The US Great Depression lasted from 1929 until 1945, but the deflationary phase of the Depression effectively ended in 1932.

Just a quick Precious Metals sector update. Yesterdays dip, even though reversed by the end of the trading day in the US, scared retail investors from the iShares SPDR GLD ETF data that I collect. The sharp 1 minute drop during London trading hours in Gold got retail crowd worried that more selling will follow through. … Continue reading

There has been a range of intelligent analytical opinions recently espoused, seeking to explain the action in the gold price this last six months. Whilst we have found articulations focused on consolidation most conducive, quality analysis has not just been found this side of the debate. Outside of lazy assertions that the gold bubble has burst, the … Continue reading

Lately, gold has been a disappointment to many investors while it has been mostly treading water

GDX declined by -0.02% while GDXJ gained by 1.74% and SIL gained by 0.90%  Here are today’s best performing Silver and Gold:

GDX gained  by 2.48%  while GDXJ gained by 3.46% and SIL gained by 3.03%    Here are today’s best performing Silver and Gold:

The New York Times reported on a growing phenomenon in Europe: “suicide by economic crisis.”

We are encountering storms in the market rarely seen.

This is a portion of the ‘Macro Discussion’ segment of the April 15 edition of Notes From the Rabbit Hole.   Here on FOMC day I thought it would be appropriate since the Fed has the power to kick it into gear by pretending to be the guardians of sound financial policy for just one more meeting.   … Continue reading