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03.02.15- What Top Hedge Fund Managers Really Think About Gold
Given their level of success, these fund managers are worth listening to: James Rickards, Chris Martenson, Steve Henningsen, Grant Williams, and Brent Johnson. Some questions are the same, while others were tailored to their particular expertise. Read More |
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02.28.15- Weekend Rant: The Legacy of A Silver Stacker
I have spent a great part of the last 4 years learning the lessons of this world. Lessons like how the world is ruled by pathological, arrogant individuals that have no mercy and no qualms about crushing you under their heel fiscally for their benefit. As I had last written previously here, I really didn't come looking for trouble, but was merely searching for a way to get myself out of the financial predicament that I had allowed myself to get into. Finding these things out has altered my destiny forever. Read More |
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02.27.15- Silver Forecast 2015 And Beyond
Here are some of the facts and fundamentals I've found regarding Silver: Read More |
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02.26.15- Gold and Debt: Astonishing Comparisons
Let's relate those numbers to gold prices, gold mined each year, and gold mined throughout history. Read More |
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02.25.15- Gold: The Good, Bad, and Truly Ugly
The Gold Standard: Although it may be unrealistically optimistic, I believe my paraphrase of a Churchill quote: "Central Bankers will eventually do the right thing and return to a gold standard after they have exhausted all other alternatives." While central bankers are exhausting all other alternatives, I worry about the collateral damage to 90% of the population who are not first in line on the fiat money gravy train that benefits the financial and political elite. Read More |
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02.24.15- A New Way to Hold Gold (2015 Update)
Last year, we introduced the precious metals community to a company called Valaurum, which has developed a technology that's making this possible. Here's the write-up from last year: Read More |
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02.23.15- Banker's Grip On PMs Not Over
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02.21.15- 2015 global gold supply deficit could be substantial
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02.20.15- The Year OF The Goat?
We have previously covered Greece and how it’s exit or default could affect Europe, the West, derivatives and ultimately the global financial system. Read More |
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02.19.15- This chart shows Grexit would send gold price to $2,000
The wargaming suggested Greece may have only 46 hours – Friday's close in the New York to Monday's market open in New Zealand – to pull off any sort of non-chaotic departure: Read More |
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02.18.15- Silver and Gold: Why Now?
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02.17.15- A Remarkable Proposition
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02.16.15- Silver's Ready To Run
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02.14.15- Silver Will Be The Best Performing Asset Of 2015
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02.13.15- The Palladium Bull Cometh
Palladium is poised for a sustained bull run. Platinum and palladium are both used as catalysts in vehicle emissions control devices — catalytic converters. They create a reaction that oxidizes or reduces toxic pollutants in exhaust, namely poisonous gases nitrogen oxide and carbon monoxide. They're interchangeable with each other as the main catalyst in the converters. Read More |
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02.12.15- This is the first time I've seen this 'buy' signal for gold since 2009
I'm excited to say that I've just had a long-term buy signal on gold. It's the first such signal I've had since 2009. And today, I'm going to tell you about it… Read More |
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02.11.15- We Are Close To A Point Where COMEX Price Manipulation Will Become Ineffective
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02.10.15- Silver and Gold Truth Versus Fiat Lies
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02.09.15- Gold And Silver: Have You Felt "Manipulated?"
The one thing that the metals have done best for the last 3 years is keeping most investors on the wrong side of the trade. After over three years of this frustrating market action, I am sure those bullishly inclined are worn to the nub. I am also sure you have completely run out of patience. I would not be surprised if you have even yelled at your charts, screen, or investment account at one time or another due to the market action in the metals over the last three years. Read More |
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02.07.15- Forget The News. Silver 12 – 14?
Question – where are the results of all, and we mean all of the above considerations, and more? Have these factors [and they are legitimate], driven the price of gold and silver to unprecedented levels? If not unprecedented levels, have they driven the price of gold and silver to $1,400 and $25? If not, why not? Read More |
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02.06.15- The
Great Silver Heist
(A Note from your Editor: One of the perks of editing "the Bear" allows me to post my own rants. I originally published The Great Silver Heist in November, 2004. It seems like a revisit is in order. The "Darkside" has many facets. It is not just one bank that is screwing up the world, although J.P. Morgan is certainly doing its share. Recently, Max Keiser initiated a global campaign to "Crash J.P. Morgan". We are very much "on board" with this sentiment. But it is much more than one bank that is responsible for the grossly suppressed price of both silver and gold. Precious metals are not like other commodities. For years the price of both gold and silver were pegged to the dollar. An ounce of silver was worth one dollar, and an ounce of gold was worth twenty dollars. These prices were mandated by the government, not the free market. Now, inversely, the value of the dollar is pegged to the price of gold and silver. The value of the metals hasn't changed, the value of the dollar has tanked, and continues to do so. Consequently, the Sheeple have yet to pick up on this realization. Hopefully, by re-posting the following essay, we can wake a few more up. - JSB) Read More |
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02.05.15- The
Nature of Money and our Monetary System
One of the most important aspects of your financial survival concerns your understanding of the nature of money. If you believe that precious metals do not constitute "money", you may have been misled. If you have been misled, who misled you? Why? And "What's wrong with this picture"? Read More |
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02.04.15- Rising Gold Price Warning Sign Of Future Monetary And Currency Turmoil
Since its recent lows in November 2014, gold has risen by up to 13% against the USD, 30% against the euro, 18% against the pound, and 32% against the yen. And, the rise against weaker emerging market currencies has been even more significant. Read More |
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02.03.15- John Embry: I've Never Seen This In My 40+ Years In The Investment Business
"I've seen this sort of 'bearishness at the bottom' phenomenon many times Read More |
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02.02.15- The
Patriotic and Moral Imperative for Owning Gold and Silver
Remember when you learned those words? It was back when everything was simple. The Pledge of Allegiance was written in 1892 by Francis Bellamy, the circulation manager of the Boston based "The Youth's Companion" magazine. The end of the Nineteenth Century was a much simpler time. The world was a much simpler place. It is not so simple anymore. Read More |
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01.31.15- Probability for A Lower Low Has Increased
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01.30.15- Russia increases gold purchases by 123%
Russia's gold purchases accounted for a third of the world's total of 461 tons, according to research by Thomson Reuters GFMS (Gold Fields Mineral Services). The amount of gold bought went up 123 percent from the previous year to 152 tons, worth $6.1 billion at current prices. It's the most Russia has spent since the collapse of the Soviet Union. Read More |
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01.29.15- Rejoice: A New Gold Bull Has Been Born
Gold is off to its best start to a year since 1980, up about 10%. Why? Because investors are simply catching on to the fact that the Fed's empty promises of a 2015 rate hike are just that. Indeed, the ECB's decision to launch its aggressive 1 trillion euro quantitative easing program has all but ensured the Fed won't raise rates. And gold is roaring back as a result. Read More |
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01.28.15- Silver Stocks Will Rule In 2015 1. Bank economists and bearish gold gurus continue to err, on their gold price predictions. The huge declines they promised in 2014 on the taper never materialized. 2. They promised that 2015 would bring much lower prices. Instead, gold has already rallied strongly, as I told the gold community it would, because of the bullish news that consistently emanates from Asia. Read More |
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01.27.15- Grandmaster Putin's Gold Trap: Russia Is Selling Oil And Gas In Exchange For Physical Gold
Any accusations against this man only emphasizes his ability for quick analytical thinking and making clear and balanced political and economic decisions. Read More |
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01.26.15- The Most Ominous Quote of the Year Masked by unprecedented PPT support of global equity markets – to ensure Mario Draghi’s “QE suicide” is perceived positively – is the stark fact that the announcement failed miserably. What terrifies me most, and was unquestionably interpreted likewise by the world’s big money, was just how transparent the ECB’s desperation was. Read More |
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01.24.15- Latest News about the Economy and the Gold Market |
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01.23.15- Elliott Wave analyst sees much higher gold and silver prices ahead |
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01.22.15- ECB To Print Trillion Euros – Gold Could Surge 40% In 15 Minutes Against Euro, Dollar
Following leaks that mainstream news sources regard as credible, the ECB is expected to announce monthly purchases of €50 billion in government bonds of member states. The scheme is expected to run from March until the end of 2016 – for some 21 months – bringing the total to around 1 trillion euros. The ECB’s balance sheet currently stands at about €2 trillion. Read More |
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01.21.15- Gold Price Model Says Gold Still Undervalued In my opinion gold reached an important low in November, and in spite of a rising dollar, has rallied since then in dollar terms, and even more in most other fiat currencies. Read More |
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01.19.15- Jim Willie: Gold to Make a Sudden Quantum Leap to $18,000 ?oz
Rather than see a dollar crash, the dollar's going to rise, like a rocket. Then you have the gold standard coming in through trade. Read More |
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01.17.15- Swiss National Bank Rally. Enough For A Change?
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01.16.15- Did The Swiss National Bank Destroy Central Bank Precious Metal Manipulation?
According to Kitco, gold is currently up nearly $16 and silver $.80. While gold was a big winner yesterday, silver is up the highest percentage today. Read More |
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01.15.15- The Death of Copper -
No one—and I mean no one—wants anything to do with this base metal anymore. Stinks for anyone playing copper on the long side. But it also gives you a shot at fast, double-digit gains on another metals play… if you know where to look. More on this hot trading opportunity in just a minute… Read More |
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01.14.15- Copper Halted After Crashing 8% On LME, Sends AUD Plunging, Futures Dip Under 2000
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01.13.15- The Economy and the Gold Market
As banks and retailers in China prepare for the upcoming Lunar New Year holiday, with local demand for gold set to increase, Reuters reports that premiums on the yellow metal have increased in recent weeks. Read More |
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01.12.15- The Bull Market is Back – at Least in Non-USD Terms
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01.10.15- John Embry: I've Never Seen This In My 40+ Years In The Investment Business
Speaking to the abysmal sentiment toward the sector, John explained that, "I've seen this sort of 'bearishness at the bottom' phenomenon many times …There was a really ugly bear period between '74 and '76 which I remember really well..." Read More |
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01.09.15- Money, Gold And Liberty In 2015 & Beyond
2014 was quite an eventful year for global markets: Janet Yellen became the new Chairman of the Federal Reserve; we were on the brink of war in Crimea, and Germany won its fourth world cup title. Many countries around the world held elections, the Scotts and the Swiss had referendums and both of them decided to maintain the status quo, whether it was against Scottish independence or the Gold initiative. Read More |
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Is 2015 – the Year the FED comes to the aid of gold and silver investors?
The correction in the price of gold and silver is now in its fourth year, and in the words of W. D. Gann: "When time is up – price will turn." |
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01.07.15- FORT KNOX: Tainted With Radioactive Gold?
One of my readers sent me some information about the Paducah Gaseous Diffusion Plant in Paducah, Kentucky. The plant was built in 1952 and was the only uranium enrichment facility in the United States (wikipedia). Read More |
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01.06.15- If gold's going to be a winner in 2015 then silver will be the real champion as financial markets implode
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02.05.25- Gold US$5,000…Is it Possible? And When?
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01.03.15- 2013, 2014, 2015…Expect More Of The Same
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Has JPMorgan Accumulated The LARGEST PHYSICAL SILVER POSITION IN HISTORY!?!
As it turns out, I believe there are sufficient number of hard facts behind my speculation, but I had failed to point them out. So let me present the facts, as I see them, that point to JPMorgan having amassed the largest physical silver position in history. Read More |
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01.01.15- Shanghai Shock to Shatter the Gold Market!
While having been able to continue the debt floats, the many market props, providing coverage for USGovt debt securities and mortgage backed securities which nobody wants, the initiative is hardly stimulus. The hyper monetary inflation does what we always learned it did, as in from school for 50 years, dole out its powerful corrosive effect Read More |
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12.31.14- Why You Need to Own Gold In 2015 and Beyond
Each day more Americans sense a reckoning is coming. Our government is increasingly insolvent. The unbacked dollar is certain to be worth less, and it may not survive at all. Read More |
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12.30.14- The Perfect Crime In The Silver Market
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12.29.14- Counting Your Chickens in Dollars
It's known that quantity, in investment form, is far less than what is perceived by the mainstream. And as a direct consequence, orders of magnitude less than the price indicates. A never-ending flow is demanded from strategic industries, while the demand for physical continues to grow stronger, despite price - a clear indication of its monetary role and a hint at the ultimate separation from its paper tether. Read More |
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12.27.14- Blood Flowing in the Streets: The Capitulation Bottom Has ALREADY Occurred!
To the surprise of no one, the cartel did push precious metals prices down this week. But as I noted on Sunday (GOFO Update: Physical Market Headache For Gold Cartel and My Short-term Forecast), the tight physical market as can be seen by the objective measure of GOFO rates has been giving the cartel one heck of a headache, keeping them in “managed retreat” mode. Read More |
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12.26.14- Sound Money and the Ring of Truth
"Sound money" has a clear message recognized for centuries around the world. It describes the musical, metallic ring of a gold, silver, or copper coin dropped on any hard surface of glass, stone, wood, or metal. Sound money literally refers to real wealth, with a natural, unmistakable signature of honesty and integrity, as opposed to the swishy paper and plastic debt used almost exclusively today. Read More |
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12.25.14- Origins of a Silver Stacker
It truly is an honor and a privilege to be a guest columnist on the rising-star website, aptly amed the TheWealthwatchman.com. As WW has stated in his column, "Let me humbly remind you, that you and I….are nobodies!" So I said to myself, " Self, what could you have to offer if you wrote something?" The most profound thing I think I could share with the community, is something that no one has heard before; my silver stacking story. Opening my eyes to the matrix has been the most dramatic time of my 40 something years on this planet. All that I thought I understood about money, value, and trust has been burned away in the last 4 years and has left me with eyes that hurt! Read More |
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12.23.14- Path Of The Gold Price Is In China's Hands
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12.22.14- Gold News: Forget the Metal, It's Time to Buy the Miners An interesting metal Gold is a hard asset and is considered a safe haven when the market is stormy, often zigging when the broader market zags. That's partly because gold can be used as a form of currency, you know, when modern financial systems collapse and the zombies attack-- although if zombies attack I'm reaching for my shotgun, not gold.Read More |
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12.20.14- Nothing Is Ever As It Seems And No Respite For PMs.
A growing likelihood on the first question, and no and no to the latter two questions. In fact, the elites are probably doing more to destroy the fiat Federal Reserve “dollar” than any other group or alliance. There has been talk about the US destroying the dollar for at least the past four years. Kyle Bass even made the pronouncement whereby a senior Obama administration official told him, “We're just going to kill the dollar.” Read More |
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12.19.14- Grandmaster Putin's Golden Trap No matter how strange it may seem, but right now, Putin is selling Russian oil and gas only for physical gold. Putin is not shouting about it all over the world. And of course, he still accepts US dollars as an intermediate means of payment. But he immediately exchanges all these dollars obtained from the sale of oil and gas for physical gold! Read More |
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12.18.14- Gold Bullion Dealer: We're Beginning To See a Heavy Buying Demand
Andrew buys and sells bullion to individual investors on a day-to-day basis. You'd expect that in a bear market for gold, business at a company that sells gold and silver coins would drop off. Surprisingly, Andrew reports that's not the case. Read More |
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12.17.14- Opposing Forces At Play In The Precious Metals Complex
The "good" news for gold bulls is that the bottom of the trading range has been tested a third time, in particular on November 10th 2014. Readers undoubtedly remember how the previous two tests took place in June 2013 and on the very last day of 2013. Read More |
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12.16.14- 17 Reasons Why I Trust Silver
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12.15.14- The Derivatives Nightmare & Precious Metals Move To Strong Retail Hands
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12.13.14- The
Nature of Money and our Monetary System
One of the most important aspects of your financial survival concerns your understanding of the nature of money. If you believe that precious metals do not constitute "money", you may have been misled. If you have been misled, who misled you? Why? And "What's wrong with this picture"? Read More |
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12.12.14- Current Price of Silver $50: Based On The Historic Oil-Silver Ratio
Unfortunately, this is not the case as the world has siphoned the majority of its wealth into the highly leveraged financial paper industry… one that has no future. When the world was based more on a “Physical Economy”, and not the current Financial-Derivatives Market, the price of silver (and gold for that matter) was closely tied to the price of oil. This can been seen in the chart below: Read More |
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12.11.14- Silver Demand for Industrial Applications Forecast to Reach Nearly 680 Million Ounces in 2018
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12.10.14- NEW UPDATE: Silver Eagle Sales Surpass 2013 Record At Nearly 43 Million
The U.S. Mint sold nearly a half million Silver Eagles over the weekend, putting the total for December at 1,317,000. This strong weekend demand pushed total annual Silver Eagle sales to 42,864,000 over last years previous record of 42,765,000. Furthermore, there are still a few more weeks remaining in the month. Read More |
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12.09.14- Silver & Gold At 5000 Year Low
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12.08.14- Gold-Backed Currency? Not Any Time Soon, But Be Prepared.
Is the petrodollar on the way out? More frequently, the signs say yes. Is a gold-backed currency standard waiting to replace it? Beliefs, at least in the PM community, remain high, but facts to substantiate the beliefs are hard to find. Read More |
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12.06.14- Gold Price Manipulation Goes Mainstream On German TV
Global gold prices may have been manipulated on 50 per cent of occasions between January 2010 and December 2013, according to analysis by Fideres, a consultancy. Read More |
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12.05.14- 12 Game-Changing Catalysts for the Price of Silver
However, I believe this is set to change with two emerging catalysts that over the long-term will drive the price for silver exponentially higher. Let me explain why. Read More |
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12.04.14- Trading Pattern Has Changed …Drastically!
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12.03.14- "I am a hard working taxpayer who is getting pretty fed up. . ."
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12.02.14- The Answer to this Question Will Change Silver Forever
First of all, my brothers, I wanted to let you know that things will all soon be fixed in the contractual, derivative silver and gold markets! You heard me correctly, things will be made "right as rain", and all those responsible for helping the fraud and rigging within these markets will be brought to justice! Wanna know why? Well, look no further than this latest announcement by the CFTC! Washington, DC — The U.S. Commodity Futures Trading Commission (CFTC) today launched CFTC SmartCheck, a new national campaign to help investors identify and protect themselves against financial fraud. The comprehensive campaign includes a new website, a national advertising campaign and interactive videos that will help investors spot investment offers that are potentially fraudulent. Read More |
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12.01.14- Anti-Gold Propaganda Prevails In Swiss Vote!
The majority of votes of most individual cantons (some cantons' votes are yet to be released) were against the initiative. As Switzerland has a federalist structure, this by itself already means that the initiative has been rejected. Read More |
11.29.14- Here's the most bizarre currency you've probably never heard about:
John Lynn was bound and gagged, as the angry mob tied him to a tree and poured a barrel of scalding hot tar over his freshly shaven head and coated him in feathers. It was June 1794 and the crowd was absolutely frantic. They were taking justice into their own hands. Lynn's crime, in their eyes, was having extended lodging to a federal tax collector, who'd come down to enforce a recently imposed excise tax on whiskey. Read More |
11.28.14- Russia's monetary solution
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11.27.14- Solar Shines on Silver Demand
Back in the olden days, before the advent of digital cameras, photographers used a curious thing called film. Surely you remember having to feed a roll of the stuff into your analog camera. Then you’d take the roll to your local drug store and wait a week for it to be developed, only to discover that you had the lens cap on during the entirety of Cousin Ted’s birthday party. What some people don’t know about film is that it’s coated with a thin layer of silver chloride, silver bromide or silver iodide. Not only is silver essential for the production of film but it was also once necessary for the viewing of motion pictures. Read More |
11.26.14- Swiss Gold Update: What a "Yes" Vote on Nov. 30 Means for Gold Investors
If it obtains a majority "yes" vote, it becomes law despite the objections of bankers and politicians. This would deliver both a demand shock and a supply shock. Read More |
11.25.14- Silver: What COT Analysis Tells Us
Graph the price of silver (green) on a log scale against the COT data showing "non-commercial" net longs less the "commercial" net longs. In theory this shows when the "smart" money is positioned to profit from high or low prices. Read More |
11.24.14- Is COMEX being cornered?
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11.22.14- Is the Golden Rule Broken?
He who owns the gold rules. That has been the clichéd “wisdom” for some time. However it appears Russia has become the Rodney Dangerfield of the Golden Rule, for it certainly is not getting any respect. To the contrary, the Golden Rule has become subservient to Military Rule, the last remaining leg upon which the US rests in its ongoing inability to retain respect internationally. As formidable as US military might is, it is not always effective in execution, and to date, it has only been [in]effective against those nations that have no military might, Iraq, Libya, Afghanistan. Read More |
11.21.14- Gold-Silver Ratio Nears Bullish Breakout
At $1,192 an ounce by mid-afternoon in New York gold investors can still boast of a 4.4% appreciation over the past fortnight. Silver bulls have enjoyed a nearly 5% rise from 56-month lows of $15.41 an ounce hit November 6. The closely watched gold-silver ratio on Thursday was roughly 73.5. Read More |
11.20.14- Four Horsemen of the Apocalypse or the New Dawn
There will be many more deaths – think Middle East, Ukraine, Africa, and the next big war. Famine: A shortage of food, whether inspired by drought, politics or war has been normal throughout history. Today there are food shortages in many countries and there are nearly 50,000,000 people in the U.S. on food stamps (SNAP) – the modern equivalent of "bread lines" and "soup kitchens." Read More |
11.19.14- Cheap Gold is Never Coming Back
In 1998 I chipped in with my brother and got a 1988 Oldsmobile Cutlass Ciera. It was baby blue with royal blue dual couch seats, and within a week in the high school parking lot the "L" was mysteriously chipped out of the model name plate. Regardless, it was a great car. And even when making minimum wage at a state park for half a year, I had no problem topping off with gas at $1.06 a gallon. Read More |
11.18.14- Are You a Silver Stacker? This Figure Will Make Your Head Spin!
Case in point, this past Friday, in episode 2 of the Clarion Call, I took some time fleshing out an astonishing dollar figure about silver. If you’re a subscriber on the Watchman’s YouTube channel, then you’d already know what it is, and if you’re not, what are you waiting for? *nudge nudge* Read More |
11.17.24- The Bottom Is In!
This past Friday was a near carbon copy of the previous Friday for the precious metals. Both were “outside reversal” days where the overnight and morning sessions were quite weak, only to bottom and then reverse to the upside strongly on very heavy volume by the day’s end. First, this type of action is almost unheard of for precious metals and has happened only a handful of times over the last 15-20 years. Also, both reversals were quite large from the day’s early lows to their final closes, the range was 3-4% which obliterated the long held “2% rule”. Read More |
11.15.14- 'Gold Wars' - Swiss Gold Shenanigans Intensify Prior To November 30 Vote
The Swiss National Bank (SNB) and establishment parties went “all in” during the week and intensified their campaign. They suggested that passing the Gold Initiative would be a ‘fatal’ for Switzerland and would be positive only for speculators. Read More |
11.14.14- Ted Butler To Silver Miners: COMEX Is Responsible For Low Silver Prices
This is an excerpt from Ed Steer’s daily gold and silver newsletter (recommended to subscribe): As usual, silver analyst Ted Butler came out with his mid-week commentary yesterday—and he had something to say to all the primary silver producers out there that are prepared to listen and save themselves before they go bankrupt—and take all their shareholders, including me, with them. Read More |
11.13.14- "Now Is A Good Time" To Buy Gold - Fidelity Investments
Joe Wickwire, research analyst and portfolio manager at Fidelity investments, presented some very grounded, reasonable arguments as to why one should buy gold at the LBMA Precious Metals Conference in Lima, Peru which concluded on Tuesday. Fidelity Investments are a largely family owned mutual fund and financial services company. It is one of the largest mutual fund and financial services groups in the world. Founded in 1946, the company has since served North American investors. This year they were voted best investment company in an online broker review by Stockbroker.com. They have gradually moved up in the rankings from eighth place in 2011. Read More |
11.12.14- Rick Rule: "I Believe That Arithmetically, We're Locked In A War That We Can't Help But Win"
Speaking first toward the phenomenon of market capitulation Rick noted that,
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11.11.14- $15 Silver? You Can't Have Any!
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11.10.14- Do the Swiss People Understand that Gold is Money?
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11.08.14- Physical Gold Shortage Worst In Over A Decade: GOFO Most Negative Since 2001
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11.07.14- A Sunny Silver Forecast: Low Price Today Means High Price Tomorrow
According to a report by Deutsche Bank, generating electricity from sunlight is now as cheap as getting it from coal in most US states when current subsidies are included. Extrapolate the inexorably-falling cost of solar just a few more years, and the subsidies won’t be necessary. Read More |
11.06.14- American Financial Markets Have No Relationship To Reality
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11.05.14- Pricing Gold in the Real World
As any knowledgeable reader already knows; gold (and silver) is both a commodity and a "monetary metal" (i.e. real money). With respect to the perverse reporting of the Corporate media; the pattern has been unequivocal. Whenever it has some bearish fiction to distribute about the monetary fundamentals of gold; it treats gold as a monetary metal. And whenever it has some bearish fiction to distribute about the commodity fundamentals of the gold market; it treats gold as a commodity. Read More |
11.04.14- Ted Butler: The Silver Nightmare Will Be Over Soon
Halloween couldn't have been more terrifying for silver investors. The gray metal cracked under $16/oz on Friday, a price not seen for nearly half a decade. For years now, it has seemed like silver has been beaten down so badly its price couldn't go lower. But then it has. Why has silver seen such a gut-wrenching price decline? (now down 2/3 compared to its high in late 2011). And will it ever see brighter days again? Read More |
11.03.14- Now Is The Time To Buy Gold & Silver
Gold bottomed the same day that the Dollar Index topped. Read More |
11.01.14- Elite Supernova Death Dance In PMs? + Monthly Charts
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10.31.14- Trick or Treat: The Drain Of JP Morgan Gold Inventories Continues
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10.29.14- Physical Silver Being Drained + A New Silver Miner Research Report
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10.28.14- Gold or Gunfire: Hedging Against the Collapse of the Dollar
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10.27.14- Gold at $7,000 article goes viral in Chinese media
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10.25.14- Your Personal Gold Standard
I’ve had conversations with several of the Federal Reserve Bank presidents. When you ask them point-blank, “Is there a theoretical limit to the Fed’s balance sheet?” they say no. They say there are policy reasons to make it higher or lower, but that there’s no limit to the amount of money you can print. Read More |
10.24.14- Prepare for Global Gold Confiscation and Orwell's 1984, Warns Rickards
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10.23.14- Why Gold Is Undervalued...
Gold has been in a bear market for three years. Technical analysts are asking themselves whether they should call an end to this slump on the basis of the "triple-bottom" recently made at $1180/oz, or if they should be wary of a coming downside break beneath that level. The purpose of this article is to look at the drivers of the gold price and explain why today's market value is badly reflective of gold's true worth. Read More |
10.22.14- Silver Myths Smashed, Pt. 5: The 4 Little Letters Some Use to Dismiss Silver
I’ve been inspired by you all, and I salute each and every one of you. Read More |
10.20.14- Blood in the Streets to Create the Opportunity of the Decade
By way of reminder, a price-to-book-value ratio (P/BV) shows the stock price in relation to the company’s book value, which is the theoretical value of a company’s assets minus liabilities. A stock is considered cheap when it’s trading at a historically low P/BV, and undervalued when it’s trading below book value. From the perspective of an investor, low price-to-book multiples imply opportunity and a margin of safety from potential declines in price. Read More |
10.18.14- Miles Franklin All Star Silver Panel Webinar
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10.17.14- The Dollar Will Be Sacrificed And Gold Will Soar
This isn't 2008. Those that are expecting fireworks for the U.S. dollar if this bear market continues are in for a rude awakening. The setup for the dollar is completely opposite to what happened leading into it's mega run in 2008. Let me explain. The dollar was approaching a 3 year bear market heading into late 2008 as the stock market was beginning to crash. And the bears were out in full force proclaiming the death of the dollar right at the bottom. Read More |
10.16.14- Gold Prices Since 9-11
What do the charts show? Read More |
10.15.14- Ted Butler's Silver Price Outlook – Why This Time Could Be Different
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10.14.14- Silver Myths Smashed, Pt. 3:
Do ya wanna know the hardest part of about writing a “Silver myth-Smashing series”? It certainly hasn’t been figuring out how to dispense with the lies, that’s for sure! Silver lies are all brittle eggshells, just begging to be stomped on! No, the most difficult part is actually choosing which lie to crack open next! There are just so many of these chuckle-inducing myths, that it feels like being a little kid in a toy store. Do I take home the train set or the Batcave? No no, wait! This! A thousand times this! Read More |
10.13.14- From Stocks through the Bond and into Gold
We start with stocks as they're the sizzle at the moment from which we'll then segué via the Bond into Gold. Perhaps better put, stocks are a-sizzle as if the fat is finally being fried off its bacon. However, this bit of bacon is sufficiently flush with so much fat that the present annual period of volatility is far from correcting the crux of a contingent crash. Specific to the S&P 500: -1.5% on Tuesday, +1.8% on Wednesday, -2.1% on Thursday, -1.2% on Friday -- 'tis nothing, by historical context, but seasonal noise -- at least so far. Read More |
10.11.14- David Morgan's Secret to Being Grateful, Even at $17 Silver
A recent GFMS/Thomson Reuters Silver Institute World Silver Survey shows that while the price of silver dropped 23.6% in the last year, there was actually an increase in demand, particularly from China and India. Read More |
10.10.14- Struggling Gold! |
10.09.14- Silver Smashed!!
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10.08.14- To buy or not to buy 
If I sit back, and close my eyes and recall the exciting days of 2010 and 2011, the recurring thought that comes to me is my desire to have bought more metal when the price was low. I recall walking through an antique store in Centerville Indiana in 2001 and noticing that one dealer had hundreds of silver coins in cardboard holders on the table top for folks to look through, picking out coins for their collections—silver coins, unwatched by security or anyone except the cashier about 30 feet away who was often distracted ringing people up. The shoplifters were after better stuff. The coins were deemed not worthy of even putting in a glass case. Silver was about 4.75 per ounce then. Read More |
10.07.14- Demand Explodes, Part 2: China's Coming for the West's Gold 
In the past 2 days, the U.S. Mint has nearly sold the entirety of the Silver Eagles sold in the month of July! This also stretches the silver to gold sales ratio to 220 to 1 (if buffaloes are counted). At a gold to silver ratio of 70 to 1, this means that in dollar terms, 3 times as much silver is being bought than gold! I cannot remember such a beginning to a sales month in the history of the U.S. Mint. Read More |
10.06.14- US dollar rally over as gold and silver bounce back notes Credit Agricole 
Just when the consensus was absolutely convinced that the dollar could only go higher it is falling back today and precious metals are rallying. Contrarian analysis rules as we suggested it might earlier today. Credit Agricole European head of FX strategy Adam Myers discusses opportunities in the foreign exchange market with Manus Cranny, Anna Edwards and Mark Barton on ‘Countdown’…View Video |
10.04.14- Weekend Rant: Elites V Gold... 
Without question, the least understood, least visible force that affects almost everyone’s lives, certainly in the Western world, is that of the elites, the moneychangers, the relative handful that controls everything, from the BIS, IMF, and down to the central bankers. These individuals remain nameless and faceless, but their roots are founded by that widely known banking clan, the Rothschilds. Read More |
10.03.14- 3-D printing to boost silver 
Silver may often take a back seat to gold, but new demand from the tech industry is creating a robust market for this precious metal. This year alone, the tech industry will likely demand 57% of all silver produced, which represents an all-time high. Plus, a study prepared for the Silver Institute by the Metals Focus consultancy in London predicts that the demand will grow 5% every year through 2016. This is above the forecast growth for global GDP! Read More |
10.02.14- U.S. Dollar is the Last Stop Before Gold and Silver Spike
David: As far as I'm concerned, and this is not about being right, or being stubborn, this is about my analysis, right or wrong. I really think this is the month where we are going to turn around, meaning that the bottoms for both metals could be tested. Silver broke below the $18.17 low that I have been talking about for a long time. The next level of support is the $17.50 area. Read More |
10.01.14- New fiscal year starting point, we feel the Precious Metals bottom is here now! 
The meteoric rise in the Dollar took one quarter of a year to rise from a low of 80.00 to the height of 86.335, which happened to be yesterday's high and the end of the fiscal year for the USA's government. Today, our fiat currency stands at 86.155, up 10.8 points from yesterday's close. There has been no change within the economic structure of the country with the exception of continual weakness everywhere because of the rising and export crushing rally in the Dollar and a collapsing housing market. Why the rise? It's a bankers folly at best. Treasuries have rallied a little with the 30 Year Bond rising from 134 to 138 in the quarter, but look weak as more and more nations see no reason to hold onto a product that supports a system that claims its only power is to blow things up if they don't use the fiat they demand to be used. Read More |
09.30.14- Silver Is Getting Murdered... How Low Can It Go? 
There's a reason they call silver the “Devil's Metal” — following its whipsaw price fluctuations can make you feel possessed by some awful demon. Since silver is a constantly shifting monetary asset, an investment vehicle, and an industrial metal, the price cycles can leave your head spinning like Linda Blair in The Exorcist. And by the way it's been going — I have a significant investment in physical silver myself — I'm not above channeling some dark magic to turn this thing around. Read More |
09.29.14- Is It Time to Buy PM's?
Gold is getting close to its cost of production. The gold/silver ratio is going higher indicating that silver is the better value of the two at present. But sitting back and taking a look at the big picture consider the following top 10 list: • Growth of the Federal Government The followers of Lord Keynes have the controls of power firmly in hand. A larger central government = larger central power (central planning) = larger drag on the real economy. Ask any small businessman (if you can still find one) about the costs of taxes, regulations and licenses. Read More |
09.27.14- Poor Man's Gold! 
Silver is the Rodney Dangerfield of the precious metals. It gets no respect. Maybe this chart says why. The price noted in the chart above is as of the end of August. Today it is lower around $17.80. On an inflation-adjusted basis, silver is trading around where it was in either the late 1800’s or “heavens above” back around 1780. Some improvement. Outside of a good run in the mid-1800’s and the famous Hunt Brothers spike into 1980 silver has actually been in a long-term downtrend on an inflation-adjusted basis. Silver has thrust above the long-term downtrend channel so that is positive. It remains down roughly 65% from the high of 2011. As to the inflation adjusted 1980 high, well silver would have to reach to roughly $128 to equal that run. Read More |
09.26.14- Shanghai Silver Stocks Continue To Fall As Silver Eagle Sales Explode Higher 
As the manipulated paper price of silver heads lower, so are the silver inventories as the Shanghai Futures Exchange. The silver stocks hit an all-time low today as the price of silver trades in the $17 range. At the peak, the Shanghai Futures Exchange held 1,143 metric tons of silver. However, today only 7% of that record amount remains. As we can see from the chart below, silver inventories declined from a high of 575 mt (metric tons) in February, to a low of 81 mt today. Read More |
09.25.14- Is Silver Indicating The End Game Is Near?
It is common belief that the destruction of the currency by unfettered printing should cause a rise in PM's but the manipulation taking place has made pricing PM's a guessing game for the past ten years. Only the final destruction of the fiat empire will usher in the unrelenting rise of gold and silver to their natural free market levels. Read More |
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09.23.14- Has The Gold Price Drop Run Its Course?
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09.22.14- David Morgan: US Dollar is the Last Stop Before Gold & Silver Spike
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09.20.14- Gold And Silver – Current Price Is The Story
We keep saying that the best and most reliable indicators come from the market. Time to stop listening about what others have been saying about the market and pay closer attention to what the market is saying about others. Read More |
09.19.14- The Chart Every Silver Investor Should See
On the other hand, the clowns on the financial networks continue to be euphoric about the broader stock markets as they head toward the heavens. The Dow Jones Industrial Average hit a new ALL TIME HIGH reaching 17,265 today. However, if we look at the chart below, we can see a troubling trend. Read More |
09.18.14- Just Three Days?
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09.17.14- When Complexity Becomes Chaos
Unsound money and finance are fuel for the fires lead to panic and chaos. Modern achievements, especially in medicine and technology (fueled by cheap energy), have made the human experience longer and easier. Yet, at the base of it all lays the irrational man, still flinging immorality from the cages of his ongoing existential dilemma. Read More |
09.16.14- The Collapse Of U.S. Silver Stocks As Public Debt Skyrockets
Furthermore, Americans have no clue that the U.S. Dollar’s world reserve currency status continues to disintegrate each passing day as more countries elect to by-pass the Dollar and trade in other currencies… especially the Chinese Yuan. Read More |
09.15.14- The Silver Sentiment Cycle
As a reminder, after silver rallied to the then astounding price of $6.40 in early 1974, it crashed back to $3.80 and then traded sideways for 2 years. Less than 3 years later it had briefly traded at $50.00, due to a combination of inflation, debt and deficits, political issues, conflict with the USSR, fear, a market corner, and dollar weakness. Read More |
09.13.14- Will The Real Silver Commercials Stand Up?
How did it come to pass that banks were given access to the commercial category of traders? It's a given that the market is rigged to high heaven. And it's completely obvious by now how it is accomplished. They only folks left in denial about it have a direct incentive for ignoring it - usually an obvious one. Read More |
09.12.14- What's Next for the Dollar and Gold?
A couple of highlights:
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09.11.14- A Win-Win Scenario for Gold Investors
To understand why, it helps to look at two prior episodes in the relationship of gold and money that are most relevant to today. These episodes were a period of extreme deflation, the 1930s, and a period of extreme inflation, the 1970s. History shows that gold does well in both conditions. …neither the inflation nor the gold price spike happened overnight. It took 15 years to play out from start to finish. Read More |
09.10.14- Seven Stages Of Empire
This week we revisit David Morgan's insights on the amazing phenomenon that played out for the first time in history over the last 100 years...the simultaneous debasement of all money on a global scale. Gresham's Law is a predictable pattern that plays out in every society as soon as the money is corrupted. There is no greater proof than checking your pocket, and comparing your local coinage to that which you would have been using 100 years ago. Read More |
09.09.14- Hold, Fold, or Be Bold?
Answer: Look at your gold portfolio. I read about two dozen articles last Thursday about the gold market, and not one of them had anything positive to say. Technical analysts, mainstream economists, industry analysts—all were bearish for various reasons and timeframes. Why invest in gold when… Read More |
09.08.14- One of the Best Precious Metals to Buy Before 2015
At the time, it traded at $780/oz. Yesterday, it was trading at $886/oz. at mid-day, so the predicted upturn played out true to form. Still, there's another rare precious metal that's set to do as well as - or better than - palladium, but that isn't on too many investors' radar yet. Here's why it should be...Read More |
09.06.14- Silver Squelchers Part 1: And Their Interesting Associates
Sir Ewen Cameron whose family traced back into the 13th century, joined the Caledonian Bank in 1859 and afterwards was with the Bank of Hindustan, China and Japan, after which he joined the Hong Kong & Shanghai Banking Corporation—Britain's opium bank for China, and a major conduit for looting silver out of Chinese hands into the possession of the silver squelchers of The Pilgrims Society. Read More |
09.05.14- Of Course The Gold Price Is Manipulated…That's The Point!
At school you probably read the book called the Alchemist, where villains tried to invent formulae where they could transform lead to gold. While what they managed to do was a good confidence trick, they could not replicate gold. Read More |
09.04.14- Commercials Cover $2.5 Billion in Gold Shorts in Latest Raid!
Clearly, it is because it is raining here that gold has slid below $1,270 at this early hour. Obviously, the Chinese saw the rains coming and wanted to take advantage of this great baptism and its flood to hide their evil actions but my mission in life is to point out these deceptive practices and unmask them! Read More |
09.03.14- Hold Onto Your Gold: A Supply Shortage is Coming
Richard Schodde, of MinEx Consulting, has studied past exploration cycles in detail. He says we are seeing a tightening of the sector, as the availability of capital has plummeted. Costs of exploration are coming down as companies cut back on high-salaried employees and reduce operating costs. The following chart from MinEx shows exploration expenditures rising quickly during the boom years: Read More |
09.02.14- A Warning to Those Grown Bored with Gold
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09.01.14- Comex Gold Warehouses Filling Up…With Paper
Nowhere is this blanket of fog thicker than in the precious metals sector. Here perversity is a way of life, as the genesis of the Wonderland Matrix began with the fantasy-world constructed here by the propaganda of the Corporate media. Read More |
08.30.14- The Secret 21 Year Gold Cycle That Leads to World Commodity Bull Market Breakouts in 2014
Cycle analysis indicates the third and final 7-year tidal wave of the 21 year Grand Tsunami Gold Bull Market cycle began this past July 2014; Gold has been consolidating in the 7th year of sabbatical rest within a Symmetric Triangle and one final push lower is still possible before a breakout arrives this fall 2014 that lead to World Commodity Bull Market Breakouts! Read More |
08.29.14- How to Invest in Silver Today for Double-Digit Gains
After peaking at $49 back in April 2011 the white metal is down 60%, having languished between $19 and $22 for the past two years. But a confluence of factors is building that make today's silver prices look downright cheap. Here's how the bull is going to run - and how you can ride it all the way up from here... Read More |
08.28.14- Staring Into the Great Abyss
Is a looming war coincident with a depressed gold price and a stock market peak an example of — staring into the great abyss? From Peter Cooper: "A five-year regime of artificially low interest rates is responsible for a bubble in stocks, bonds, real estate, emerging markets and many other asset classes…What would you rather own when staring into the great abyss?" Read More |
08.27.14- UPDATE: Shanghai Silver Warehouse Stocks Fall 24% In One Week
As I mentioned in a earlier article, the Comex is more of a paper trading exchange in which the majority of contracts are settled in cash. However, the opposite is the case with the Shanghai Futures Exchange as the majority of contracts are settled with physical metal. Read More |
08.26.14- More Comex Blatant Manipulation
The front month silver contract on the Shanghai Futures exchange is currently trading at an 8% premium to the LBMA price and the futures curve there is in backwardation, indicating a very tight physical market. Roughly 80% of the physical silver from the SFE vaults have been removed. On the Moscow Exchange, silver trades at a 16.8% premium to the LBMA price. But this is what we get in the lawless United States: Read More |
08.25.14- The Swiss Gold Initiative
Interest is beginning to build, awareness is growing and the date of the national referendum has been set. Later this year, on November 30, the good people of Switzerland will finally get an opportunity to make their voices heard. The Swiss Gold Initiative can be roughly stated in three parts: Read More |
08.23.14- Low Prices Are NOT The Reason To Own PMs
Whoa, Chuckie…back off a bit, here. Just who do you think it was that helped create the Islamic State of Iraq and the Levant, aka ISIS, fund them, train them, and provide the best weapons for them? Can you spell U S, as in a part of your title description as Secretary of Defense? Are you really telling America, and the world, that you are actually that clueless? Read More |
08.22.14- Silver: As Close To A No-Brainer Investment As It Gets
In other words, an asset that’s deeply undervalued, widely ignored, with potent fundamentals ready to kick in. Is there such an opportunity in any of the precious metals right now? One could make a case for all of them, given the likelihood of high inflation and the mainstream largely ignoring the industry. But there’s one metal in particular that I think will deliver the most fireworks… Read More |
08.21.14- Think Like a Pirate 
The "Saddle Ridge Hoard" of 1,400 US gold coins was recently discovered by a couple in California, buried in several old, rusty cans. The cans were happened upon by the couple who were walking their dog, and when it was all dug up, over 1,400 U.S. gold coins were recovered from them. Why would someone bury these coins during a time of the classical gold standard? Ponder this, from the throughout that timeline, up until about World War I, both gold and silver coins could be obtained from any bank by simply redeeming your certificates(your dollars) in exchange for them. |
08.20.14- Big Move Brewing for Gold 
A series of lower highs/higher lows often leads to the formation of a symmetrical triangle (coil). Such is the case currently with gold which has been coiling for weeks near an important price memory zone near $1300. Since the April 2013 gold crash the $1300-$1325 area has served as a powerful magnet for price. With the coil tightening recently, the probability of a decisive breakout from the range have increased significantly – from the stockcharts.com section on symmetrical triangles:
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08.19.14- Inflation Is Headed Our Way 
My feelings all along were that when the ever-swelling "beneath the Middle Class" segment of Americans who subsist on unemployment and welfare checks can no longer afford the basics –medicine, housing and food – any "spark" will ignite more "Fergusons" across America. All of us here at Miles Franklin believe that serious inflation is headed our way. We believe that the U.S. dollar may not lose relevance, but it will lose exclusivity as more and more countries start trading "outside the dollar." Read More |
08.18.14- The Attack On Gold/Silver: Nothing But Shock And Awe 
A pure psychological warfare operation on the metals. I received several emails and phone calls from clients and colleagues who were in a panic. My response was: "It's a mid-August Friday, the rest of the world is at happy hour or in bed. Most of the big players in this country are at the beach. India was closed last night for their Independence Day, which put a lot less demand-stress on the physical market. Something really ugly is developing behind the scenes that is not apparent yet and that's why they smashed gold during the one of the most quiet trading periods of the year. Read More |
08.16.14- Fighting The Fed Can Be Great For Your Wealth
In simple terms, this meant not investing in a fashion that went against the Fed's policies. If the Fed was easing, you didn't want to be short. And if the Fed was tightening, you didn't want to be long. However, the fact of the matter is that fighting the Fed has done very well for investors. We don't mean"fighting the Fed" by buying or selling stocks based on individual Fed policies... We mean, "fighting the Fed" by owning Gold. Read More |
08.15.14- Silver price steady as the London price fix ended yesterday
As of today it is replaced by a new benchmark administered jointly by Thomson Reuters and the CME Group offering a superior level of transparency and reckoned to be immune to illegal price fixing that has been widely alleged to be a feature of silver prices up until now. The LBMA will accredit price participants and own the intellectual property rights. Read More |
08.14.14- Black Swans on Final Approach
Brutal Facts: From Simon Black regarding the experiences of US Navy Pilot James Stockdale in captivity in the "Hanoi Hilton" in the late 1960s.
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08.13.14- The Unknown Factor: How The Global Financial System Will Collapse
While the mainstream media and alternative analyst community focus on the typical economic indicators, monetary system, derivatives and debt markets... the real problem for the world financial system will be the rapid change in the “PERCEPTIONS” of assets by investors and the public. This event will likely occur rather quickly - virtually overnight. Read More |
08.12.14- Top 7 Reasons I'm Buying Silver Now
No, it wasn't from a shady deal made with a seedy character in a bad part of town. I was in the hospital, recovering from surgery, and while I wasn't in a lot of pain, the nurse suggested something to help me sleep better. I didn't really think I needed it - but within seconds of that needle puncturing my skin, I WAS IN HEAVEN. The euphoria that struck my brain was indescribable. The fluid coursing through my veins was so powerful I've never forgotten it. I can easily see why people get hooked on drugs. Read More |
08.11.14- Reportable Transactions when
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08.09.14- Gold and Silver - From Manipulation to Hyperinflation It's been this way for as long as commerce was semi-civilized. (Though given the amount of financial fraud, violence, and chaos in the world, the term "civilized" might need to be reconsidered)... When prices began to fly, the point of no return will be long since passed. Read More |
08.08.14- The Golden Age of Silver
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08.07.14- The Best Way to Profit from Gold's Supply Crunch
I came away from Vancouver last week, at the Sprott Natural Resource Symposium with the distinct impression that we're looking at better days ahead for gold, and soon. Gold discoveries are drying up, and really good, new plays are few and far between. We're looking down the barrel of a severe supply crunch, with many implications. Of course, you have to separate the spin from the reality of what's happening out in the field. Read More |
08.06.14- Why You Should Ignore the Gold Sell Off
Following Thursday’s news from the Ukraine, gold has rebounded from its low, but remains under $1,320 as of July 18. Rick Rule, Chairman of Sprott US Holdings Inc., recently said gold could fall back another 10% as a normal event in this market. I asked him whether this week's step down had altered his views on gold for 2014. Read More |
08.05.14- Silver: Something Doesn't Add Up
This is ECON 101 and it's a fairly simply concept to grasp. Read More |
08.04.14- If, and When, the Gates Close Forever Nearly seven years after the world's greatest financial crisis, we remain in monetary emergency mode, an irony matched only by the last minute (literal, and relatively quiet) battening down of the monetary hatches. Read More |
08.02.14- New World [Dis]Order Continues To Slip The irony of the go-nowhere-but-down price action, since the highs of three years ago, is that the charts do not portend the unfortunate possibility of war. Read More |
08.01.14- The Gold Owners' Guide To The Rest Of 2014 Let me start the proceedings with this - a repast on the nature of the human predicament 2014. Below is a follow-up to Richard Russell's stated concerns (scroll below) on the persistence of war and inflation in human affairs. I do not bring this line of thinking to your attention to disturb your comfort level, but to make you aware that there is more going on than the panoply of misdirection afforded us by the mainstream media. (Today's somewhat mysterious 300 point + drop in the DJIA might be trying to tell us something. Stocks are now level for the year. Gold is up over 6.5%.) Read More |
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In the 
What is the most important factor any stacker needs to consider?
Recently I authored an article whereby using technical analysis, I uncovered a potential Silver price target of $300.00 an ounce. Since then I've been asked to investigate and support how Silver may get to such a lofty price…and or do I believe it's even possible?
Debt and budgets in the trillions of dollars and euros are difficult to comprehend. The US budget is nearly $4 Trillion per year while the US official national debt exceeds $18 Trillion. A single large bank may hold contracts for more than $50 Trillion in derivative contracts. Global debt is approximately $200 Trillion.
There are many financial and geopolitical eventsall coming together, culminating or beginning within the next couple of weeks. The two most notable are what will happen in Greece and Ukraine. There have also been many other clues pointing to some sort of event coming to pass. In southern drawl, you might say “somethin’s fixin’ to break”.
Readers will undoubtedly remember how gold tumbled last Friday on the unemployment report in the U.S. The headlines in mainstream media attributed gold’s decline to the jobs report, as for instance 
What do loss of confidence, loss of faith in financial systems, and pervasive lies have to do with gold and silver? The answer begins with: Gold is far more truthful money – central banks can't print it or create it from "thin air." Dollars, euros, yen and others are fiat currency units based on confidence and debt 
How are all them facts and figures about gold/silver accumulation by China, Russia,
India, et al, shortages at the COMEX, LMBA for delivery of the [non-existent]physical
metal, drainage of GLD, unprecedented public demand for coins, accompanied by pretty
graphs and charts, working out?
Mention is often made that one should wait for confirmation of a particular move in
futures before making a commitment, either way. Last week, it appeared evidence was
mounting that November could be a possible low for the correction since late 2011.
Then, we run across this graph from goldchartsrus.com which shows an inordinate
build-up of short positions in silver by what we would call “smart money,” “insiders.” 
The Central Bank of Russia bought a record amount of gold in the first 11 months of 2014 spending an estimated $6.1 billion. Increasing gold reserves attempts to reduce dependence on the dollar amid geopolitical tension, Mark O'Byrne of GoldCore, told RT.
Accusations of the West towards Putin are traditionally based on the fact that he worked in the KGB and therefore he is a cruel and immoral person. Putin is blamed for everything. But nobody ever accused Putin of the lack of intelligence.
“There is a giant secret stirring under today’s market. China, India, Russia and almost every central bank is buying physical gold. I’m guessing that within another year, physical gold will be swept off the market.” 
Each week, 
According to Peter Goodburn of Elliott wave analysts Wavetrack international, Friday's punch higher for many of the mining ETFs, indices and equities broke key overhead resistance levels that now confirms the November/December '14 lows as the finalising levels of the multi-year counter-trend declines that began from the 2008/09 and 2011 highs. This also confirms, reckons Goodburn, that gold and silver bullion have also ended major counter-trend declines that began from the highs in year-2011 at the Nov/Dec.'14 lows of 1131.85 and 14.51 respectively. 
Mario Draghi is preparing to unveil QE today as the ECB looks certain to announce it’s much anticipated quantitative easing (QE) program. The move to print up to €1 trillion euros in the coming months appears to be a fait accompli although it will occur against a backdrop of strong German resistance and many concerns.
Gold hit a price low of approximately $1,140 in early November 2014. Since then it has rallied dramatically, possibly because of global fears about the financial system, the Swiss National Bank removing its peg to the Euro, more QE, escalating war in the Ukraine, or simply that gold prices were over-extended and ready to rally.
So the Swiss referendum on gold at the end of last year did prove to be a decisive point in the gold market cycle, after all. The fall to $1,138 on the ‘no’ vote marked the low of the cycle. However, for the rocket to send gold prices to the moon this was ‘the right country, just the wrong event,’ as Ross Norman of Sharps Pixley told ArabianMoney. 
It would seem that last week’s rally in gold was Swiss National Bank-driven, plain and
simple. It is difficult to get a handle on the ramifications of what just happened with the
Swiss “unpegging” from the Euro. It was becoming prohibitively expensive for the SNB
to keep buying Euros and trashing their own economy in the process. Ostensibly, this is
a tale of a central bank telling the US and the rest of the EU, enough! We have had it,
and we are now going to be more fiscally responsible. 
After the SNB- 
Copper is crashing. Hard.
Today's prime time event hasn't even arrived, that would be the European Court of Justice (ECJ) delivering its final opinion on the legality of the ECB's previously announced OMT program, in less than an hour, and already the fireworks have begun, most notably out of Asia where after yesterday's epic commodity drubbing many were caught with their pants down and margin calls up, and what followed was a classic liquidation puke, when Copper prices crashed over 8% on the LME, to fresh 5 year lows and below USD 5,500/T in London. 
Every week, 
The gold price most traders are focused on is the dollar price of gold – this is no wonder, as the COMEX is the most important price setting market for gold, and gold is internationally mainly traded in dollars. It is often useful to abandon this dollar-centric view, as for the rest of the world’s population gold’s trend in local currencies is obviously of greater importance. 
In a moment we will provide our answer to this interesting question. 
Not only is there conjecture that some or most of the gold at Fort Knox may be missing, but also there is speculation that some radioactive gold made its way into U.S. Treasury Gold Reserve. The movie Goldfinger, in which James Bond stops a plot to radiate the U.S. gold at Fort Knox, may actually turn out to be more truth than fiction.
Gold and silver prices have jumped since the start of 2015 as safe haven and dollar diversification plays. But this will be nothing compared to the upside gain to come as financial markets really lose it. Precious metal investors know from long experience that when gold prices go up silver does even better and vice-versa. 
If we look at a graph of the '70s gold bull market (graph #1) and superimpose the typical bubble shape, we can clearly see that it closely fits the bubble model but stopping short of a Total Despair Phase. Those like me who lived through the euphoria of the '70s and the capitulation of the '90s, I am sure, will agree with the description of the gold market as a bubble. Looking at the graph below it doesn't look like gold was in a Despair Phase but I remember well in the '90s statements by many in the financial industry that gold was a relic of the past, a useless metal and that its fundamental value was zero, predicting lower prices of about US$50 and some even zero. These statements are very characteristic of a major bottom. 
Each week, we prepare a selection of newsworthy events to which the current market can
explained, somewhat. This week is no exception, save one difference, that being so many
want to see/hear some kind of look into the prospects for the year ahead. Our look ahead
starts with a rear view mirror look back at 2014. In hindsight, we began 2014 with a
positive outlook, but that quickly changed into the view that 2014 could turn out to be just
like 2013…no big rally. On that score, we were on point. 
A couple of weeks ago, a long time subscriber correctly pointed out that I seemed to be speculating more than usual in my conclusion that JPMorgan was the big buyer of Silver Eagles and had accumulated as many as 300 million oz of silver, including Eagles and bullion. The subscriber noted that I usually relied on hard core facts that could be documented and not on speculation.
A couple of weeks ago, a long time subscriber correctly pointed out that I seemed to be speculating more than usual in my conclusion that JPMorgan was the big buyer of Silver Eagles and had accumulated as many as 300 million oz of silver, including Eagles and bullion. The subscriber noted that I usually relied on hard core facts that could be documented and not on speculation. As it turns out, I believe there are sufficient number of hard facts behind my speculation, but I had failed to point them out. So let me present the facts, as I see them, that point to JPMorgan having amassed the largest physical silver position in history. 
As precious metals and commodity markets are continuing their downward slump, Andrew Schectman, President of bullion dealer Miles Franklin was kind enough to share a few comments.
Precious metals had a hard time in 2014. However, this year proved to be not as catastrophic as last year, as the gold price remained in the trading range which was established last year after the waterfall price declines.
The current price of silver should be $50 an ounce, based on the historic 1960’s oil-silver ratio.
There are a number of indicators that silver is extremely undervalued. Key is the gold-to-silver ratio, which has continued to widen with silver prices languishing at around $16 an ounce, which is down 14% over the last year, despite gold's recent rally.
Gold and silver have now had three “outside reversal” days to the upside within the last three weeks. Those who follow the precious metals were absolutely shocked (after being shell shocked) to see this type of action the first time in many a moon…not to mention a “three’fer!” For those of you who don’t know what an “outside reversal day” is, let me briefly explain. It is the “outside” part which is important and without it, the “reversal” part is much less meaningful. For this to occur, trading for the day must be both lower and higher than any trades performed the previous day. In other words, the “bar” on the chart must totally engulf the action of the previous day and then close in the opposite direction of the previous momentum. Outside reversal days are very rare in any market. One of these may only occur once in a year’s time or even longer. 
So the Swiss have decided not to force their central bank into underpinning its reserves with harder assets than increasingly worthless euros. At least they had the chance to vote. But in the bigger picture, the rejection of the "Save Our Swiss Gold" initiative flies in the face of a broader trend towards repatriation and consolidation of sovereign bullion holdings – following on the heels of similar attempts by the Bundesbank, the Dutch central bank, for example, recently announced that it had moved a fifth of its total gold reserves from New York to Amsterdam. 
This morning the final votes were cast on the Swiss Gold Initiative (most votes were submitted via post). As we speak the final votes are still being counted however we already know: The initiative has been rejected!
Each week the CFTC publishes a Commitments of Traders Report (COT) in which "non-commercial" and "commercial" long and short futures positions are reported. Many people have expressed doubts as to the validity, accuracy and consistency of the data. However, my experience is that the data is mostly relevant, accurate, and useful in the long term, but not necessarily important each week.
It is with a deep sense of gratitude that I have had all of you as friends and associates during what has been a long war, not a good war, but a very long "financial war". As you know from these writings; this has been a war conducted by the Federal Reserve against the entire world, aided and abetted by major international banks via the manipulation of most every market on the planet. The ethics and morals our country was originally built on ...be damned! 
If ever there was a time to buy gold and silver now is the time! The Delta turning points have never failed. I started working on Wall Street in 1956 with Carl M. Loeb, Rhodes & Co. In 58 years of working on and dealing with the pursuit of market timing, there has never been a more obvious buy point for any item as there is for gold and silver right now!!! If you want to know more about the Delta Turning points you can obtain a subscription for $35.00 a month. 
On several occasions, over as many months, comments have been made here to the effect
that reading developing market activity is the best source for knowing what to expect,
moving forward. Most people have a need to rationalize the markets by coordinating
known events with the current price. Last year, it was how many record coin sales around
the world would impact the market, then the number of tonnes China and Russia were
importing. Lately, the opening of the Shanghai Gold Exchange where true price discovery
could be expected, the ongoing disappearance of reserves held by COMEX and LBMA, etc,
etc, etc., none of which had the market impact for which so many had hoped. 
Just in time for the Halloween Spooks to come out and play by slashing the prices of the precious metals, JP Morgan (vampire squid), experienced another ghastly withdrawal from its gold inventories today. Something quite eerie seems to be taking place as the majority of Comex gold withdrawals are coming out of the dark dungeons at JP Morgan Chase. 
Thru today (Oct 28) the U.S. mint has sold 4,365,000 silver eagles. This is by far the highest total for October on record, with 3 business days left in the month. It remains to be seen if 2014′s yearly total will exceed last year’s 42,675,000. But if November and December continue at the September/October 4 million-plus rate, 2014 will smash last year’s record. Either way, the U.S. mint is selling more ounces of silver than all U.S. mines combined produce annually. 
It has not been easy being a believer in gold over the past two years. Gold is down about 37% from its 2011 top. The biggest portion of the drop took place over two days in April 2013 when gold plunged roughly $200 from $1,564 to $1,360 when someone dumped 400 to 500 tonnes of paper gold (futures) all at once on the COMEX. The collapse triggered an avalanche of stop loss or stop sell orders adding to the downward plunge. Percentage wise it was 13%. To put this in perspective the percentage drop was not as large as the 18% drop that was seen on January 22, 1980 when gold plunged from $825 to $682 as the 1976-1980 gold bull abruptly ended. 
I am often asked the above question several times each day. It looks like a triple bottom is shaping up in the near future.
Question: What’s the best way to determine if Prozac works?
Back in March I spoke about the precious metal palladium, and why this rare metal was headed higher.
HSBC USA in recent years was listed on the roster of the Silver Users Association (circa 2006). HSBC, with over 8,000 offices, appears to remain at the "centre" of silver price suppression.
Throughout history, there have been a constant flow of schemes to try to manipulate the gold price and gold itself in terms of paper money. These have come from governments, institutions as well as from individuals. The aim has always been to either establish the value of currencies or enhance that value in terms of gold. The first key to this is to ensure that the gold price is made in the paper currency and not the price of the paper currency in gold.
As metals prices boomed during the last decade, small explorers and big miners spent billions of shareholder dollars seeking new deposits. Investors wanted the high rewards of a discovery as metals soared in price. At $1,900 per ounce of gold, even mediocre finds could make money.
If you've been watching silver for some time, you know it's been in the doghouse.
When we first wrote about this, we actually caused a bit of a stir but the primary vote on The Swiss Gold Initiative was still over six months away. Now, with the date of the vote rapidly approaching, it is time to begin reviving this issue.
Jim Rogers once quipped that he waits to invest until “there’s a pile of money just sitting there in a corner and I can walk over and pick it up.”
For decades, investors have lived by the adage that you should not "fight the Fed."
There are several potential disasters that could disrupt the financial and political status quo, much like what happened after an Archduke was shot 100 years ago.
The precious metals are lynch pins. They are namanipgging and persistent counter-parties to money printing gone wild.
I want to give you some perspective on the gold space. This pertains to any gold investor, whether in big miners (like a couple I name below), or the small, junior-space plays.
One of the first things you learn when studying economics is the law of supply and demand, defined as follows: 
If you can keep your head when all about you
Earlier in the year, we stated 2014 could be like 2013, price-wise, and that appears to be
playing out. However, as the idiom goes: appearances can be deceiving, and it is certainly
true of the chart prices for gold and silver. The natural forces of supply and demand would
have PM prices much higher, if for no other reason than an inflation adjustment. It is the
ongoing exertion of unnatural forces that have been dictating prices for so long.
Over the next few weeks, I will make a series of posts on the current state of affairs as they relate to the gold market. So stay tuned to this page. . . . .