Dow/Gold Ratio

Charts speak more eloquently than I can and they speak a brutal truth. Perhaps it is my scientific background or perhaps I appreciate the art that can be found in price charts. In either case, I prefer the message of charts to CNBC blowhards and other so-called experts. Anyone who currently has excess savings they … Continue reading

The value of common stocks relative to Gold is about to accelerate in the opposite direction the Larry Kudlow and Jimmy Jack Cramer crowd are expecting. The concept of relative wealth is an important one for Gold bulls to comprehend and embrace, as it allows them to calculate gains in something besides unstable paper debt-backed … Continue reading

Kitco.com’s own new Gold price measure demonstrates that Gold has reached significant new all-time nominal highs. To quote from their website: “The Kitco Gold Index is the price of [G]old measured not in terms of US Dollars, but rather in terms of the same weighted basket of currencies that determine the US Dollar Index.” In … Continue reading

…Talk of a Gold bubble over the past 6-9 months grows louder and louder. It is comical and a sign of desperation among those losing their grip on the levers of power and influence. I have never seen a bubble so heavily recognized and announced by the very institutional participants who are pouring all their money into it!…

The bearishness in the retail Gold crowd is palpable right now and misplaced in my opinion. No one can predict the short term with any consistency (though it is fun to try!). Sentiment and interest in the Gold patch are at indecipherable lows despite $1000 now acting as a floor for the Gold price instead of the ceiling.

Things are going to continue to get darker economically. Nothing has been solved but massive currency debasement has already occurred to try to stem the tide……