Commentaries

In the modern fiat world, a deflationary-style stock market collapse isn’t supposed to happen. And yet that is exactly what Greece has already experienced and I don’t think it’s over yet. Here’s a modified chart any real bear has seen before: the first half of the 1929-1932 Dow Jones Industrial Average stock market bear, … Continue reading

An article on BespokeInvest about the Platinum-to-Gold ratio today drew my attention.
I therefore wanted to get to know more about this ratio.

In a word, no. We divide our rationale into three parts. Macro Back in 2008, a recession was beginning, the private sector was in intense deleveraging mode and the credit markets foreshadowed what was to come in the equity and commodity markets. Today we are seeing growing credit stress on the sovereign side and not … Continue reading

AUDUSD and Gold Fighting To Move Higher Two of the best performing financial assets in the last year have been gold and the AUD USD.  Gold bugs reached fever pitch in early May as spot gold prices reached the 1575 level.  The extreme buying gold drew AUD USD into all-time HI’s as well, as the … Continue reading

Many times, we had talked about economic stability and precious metals markets and how significantly macroeconomic data influence the prices. While Greece is almost at the brim of a potential non-equilibrium, here comes again the scenario economic stability vs. precious metals

Gold stocks continued to lose ground last week and have now hit the same level they were at in September 2010. Gold however was marginally higher last week and is still holding above its May 2011 lows.

Statistically speaking, gold stocks remain strongly correlated with gold. All markets breathe (ebb and flow). Unfortunately, emotions often distort perceptions. Investors’ reactions to short-term ebbs (under performance) can distort the reality of long-term flows (out performance). The HUI, excluding dividends (a big exclusion), has risen from 73.77 to 497 since 2001. Gold, however, has risen … Continue reading

It’s hard for Americans to understand that gold is an asset that reflects global confidence, not just confidence in America. So arguments against gold that are focused just on America are not entirely valid to me. Even if we solved our debt problems, which is unlikely, there still would be huge sovereign debt crises in … Continue reading

The media is customarily thought to be mechanism of news dissemination. However, according to Gold Stock Trades Editor Jeb Handwerger, there is a far more intriguing purpose in the relationship between the national mindset and the intended purposes of economic establishment…..

Today I had a look at one of the charts I created a long long time ago (in late 2008). I was amazed by the accuracy of the lines I drew back then. I drew Fibonacci levels from the bottom in 1976 (100$)=0.00% and assumed the highest close of 1980 (834$) would be the 50% … Continue reading