Commentaries

Yukon explorers are just getting started, says Jim Mustard, vice president of investment banking, mining, at Vancouver-based PI Financial. In this exclusive interview with The Gold Report, he shares several of the Yukon companies he believes…..

Mark Hulbert’s HGNSI (a sentiment indicator) was 74% at the recent all-time high. Now it is only 20%. Gold has remained firm as most assets- including gold and silver shares, have declined. Consider the average recommended gold exposure among a subset of the shortest-term gold timers tracked by the Hulbert Financial Digest (as measured by … Continue reading

From Reuters: China to Clean Up Billions Worth of Local Debt China’s regulators plan to shift 2-3 trillion yuan ($308-463 billion) of debt off local governments, sources said, reducing the risk of a wave of defaults that would threaten the stability of the world’s second-biggest economy. As part of Beijing’s overhaul of the finances of … Continue reading

May was the worst month for the S&P 500 since August 2010, but the percentage loss for the month only ended up being about 1.5%.  The four day rally at the end of May, including the big up day on Tuesday, served to soften some of the damage done in May.  But the market … Continue reading

So much for the interesting theory presented a few days back from Bernstein that one contrarian response from China to its electricity shortage problem is not to hike prices but instead to slow down its economy by pushing the margin producers out and allow the economy to slow down on its own. As a … Continue reading

At the start of the year we wrote about what we could expect from the gold stocks and juniors over the first half of the year. All of these markets experienced significant multi-year breakouts in late 2010. This year called for a retest of those breakouts before the next advance would begin. We believed that … Continue reading

This data is a few months old but it remains important. It shows fund flows during Q4 2010 and Q1 2011. Energy and Agriculture have been the most popular sectors while precious and base metals have been the least popular. Source     [ad#TDG Premium 468×60]

I am not interested in shorting the stock market at this time. There is no confirmation that “the” top of the cyclical general equity bull market is in. This bull market is within the context of a secular equity bear market, which is far from over. When viewed in Gold terms (i.e. priced in Gold), … Continue reading

Right now I’m watching the June open interest for Comex gold.  Anyone long a June gold contract and who either can’t take delivery or does not have an account funded to take delivery must be out of their June gold position by the end of close today, as Tuesday is 1st notice day and Monday … Continue reading

This is also known as the “speculative long position.” The chart is from ZeroHedge.com.