09.19.19- Former Overstock CEO Byrne Dumps $90 Million Stock Gains Into Gold, Crypto "Out Of Reach Of Deep State"
Tyler Durden

After falling out of favor with shareholders over his company's poor stock performance, comments about the "deep state" and his alleged relationship with Russian honeypot Marina Butina, Overstock CEO Patrick Byrne announced his resignation weeks ago.

And now, it looks like Byrne has finally checked out completely: on Wednesday after hours, he filed a Form 4 showing that he had sold his entire ~$90 million stake in the company into the stock's recent squeeze as lending desks struggled to figure out how to handle the company's recently proposed "digital dividend". Read More

09.18.19- Why Are People Now
Selling Their Silver?

Keith Weiner

This week, the prices of the metals fell further, with gold -$18 and silver -$0.73.

On May 28, the price of silver hit its nadir, of $14.30. From the last three days of May through Sep 4, the price rose to $19.65. This was a gain of $5.35, or +37%. Congratulations to everyone who bought silver on May 28 and who sold it on Sep 4.

To those who believe gold and silver are money (as we do) the rising price of silver may seem right as rain. Why shouldn’t the dollar go down? It’s a rubbish currency, and any moment everyone else will realize it. And therefore it should go down in anticipation of that, right? Read More

09.17.19- DOJ Accuses JPMorgan's Precious Metals Trading Desk Of Being A Criminal Enterprise
Tyler Durden

Who would have thought that JPMorgan's precious metals trading desk is the functional equivalent of the mafia, and that its one-time leader, Blythe Masters, was the mafia's don? 

Well, almost everyone who didn't mind being designated a conspiracy theorist for years. And now comes vindication, because this has just been confirmed by the DOJ, which accused the PM trading desks at JPMorgan of being deeply involved in what prosecutors described as a "massive, multiyear scheme to manipulate the market for precious metals futures contracts and defraud market participants." Read More

09.16.19- Market Report: The importance
of $1500 for gold

Alasdair Macleod

After the sharp falls seen at the end of last week, gold and silver consolidated in a narrow range, other than yesterday when the ECB announced a 10 bp cut in its deposit rate to minus 0.5%. Gold’s trading range before and after the announcement was $25, while that of silver was 47 cents. Otherwise trading ranges were remarkably tight. By early morning trade in Europe this morning (Friday), gold was down a net $1 at $1506 and silver down two cents at $18.16. Read More

09.14.19- Precious Metals Premiums Are Rising & $1,650 Gold Next Target
Tom Cloud

In Tom’s newest update, he started off discussing how the premiums on silver bars and products had jumped in just the past three weeks.  It’s been a while since premiums on silver bars have gone up, and with the recent increase in the price, demand has picked up.  Since the beginning of the year, gold’s price has increased by 18% while silver is up 20%.

Tom explains that due to the negative interest rates, demand for gold in Germany has seen the largest increase since 2011.  Furthermore, the World Gold Council reported that flows into European Gold ETF’s increased by 139 metric tons in 2019. Read More

09.13.19- The price of gold just hit a record high
Simon Black

A few hours ago, the European Central Bank announced a bonanza stimulus package: interest rate cuts, money printing, quantitative easing, the whole nine yards.

Europe’s economic growth has ground to a halt. The German economy actually shrank last quarter, according to official statistics.

So the European Central Bank is throwing everything including the kitchen sink at this problem. Their stimulus package is like a monetary defibrillator trying to shock Europe’s economies back to growth. Read More

09.12.19- Jim Cook Interviews Ted Butler: The case for a silver price explosion
has never been stronger

Theodore Butler

Jim Cook, Investment Rarities interviews Ted Butler

Q: For a number of years, you have been insisting that silver would experience dramatic price gains. Any change in your thinking these days?

A: Not only has there been no change in my thinking, the case for a silver price explosion has never been stronger.

Q:: In what way? Read More

09.11.19- SILVER PRICE MANIPULATION: Setting The Record Straight
Steve St Angelo

With the silver price now experiencing a correction after running up more than $5 in the past three months, we now see more articles suggesting price manipulation as the bullion banks hammer the metals.  There continues to be this notion put forth by many precious metals analysts that the bullion banks, especially JP Morgan, are controlling the gold and silver prices.

While I have no doubt there is an intervention in the precious metals markets, we must remember that the Fed and central banks are manipulating the ENTIRE MARKET with money printing, bond purchases, debt issuance, and zero (or negative) interest rates.  However, the current price of gold and silver, even with the supposed market rigging, are still priced higher than their overall average production cost. Read More

09.10.19- This Gold Rally Is Different For One Critical Reason
Birch Gold

Why the gold rally might be different this time

As Forbes contributor Rob Isbitts notes, gold has had two major price breakouts over the past three decades. Each of them was brought about by immense geopolitical and economic turmoil, and Isbitts thinks we are heading for a third instance where investors worldwide flee to safety.

Isbitts believes that this one, however, will be markedly different. In the previous two instances, while the gold market flourished, it also had a safe-haven competitor in the form of government bonds, as the 10-year Treasury’s yields stayed between 4% and 5%. Read More

09.09.19- Lessons From My Very First Gold Trade
Jeff Clark

It was October 1980. I was sitting on a public bus with my girlfriend, discussing what sort of engraving I should have on my high school ring. I mentioned how unfortunate it was that gold prices were so high that I would have to work extra hours at the shoe store to buy the ring.

A stranger in the seat in front of us turned around and uttered this sentence:

“Be careful trading gold during a full moon.”

There was a full moon that evening. But, I ignored the stranger’s advice and bought the gold ring anyway. Read More

09.07.19- The Missing Piece to the Puzzle
Joe Jarvis

Gold and silver are experiencing an impressive rally at the moment. The yellow metal is up 20% since January 1st and 29% year-over-year. Our favorite white metal has fared even better, producing returns of 25% since Jan.1 and 36.5% year-over-year. This is all good news for precious metal investors, who have been waiting a long time for this rally. But the big question for many still remains; will we see new record highs (in terms of US dollars) for gold and silver, surpassing the highs we experienced during the last financial crisis? Read More

09.06.19- Gold Prices Will Keep Rising Because Crash Conditions Are Becoming Obvious
Brandon Smith

The price movements of precious metals are difficult for some people to understand. In the world of equities, investors are mesmerized by tickers day in and day out, and market movements occur minute by minute. This realm of investment teaches people to shorten their memories, their attention spans and their patience. In the world of gold and silver, however, investors buy and sell according to cycles that last years – oftentimes several decades. It is the complete antithesis to stocks. Read More

09.05.19- The Power of Scarcity
Frank Holmes

The fast food world gave us an interesting case study in supply and demand last week. By now you’ve no doubt heard about The Chicken Sandwich, the surprise superstar menu item from Popeyes Louisiana Kitchen that’s launched 1,000 blog posts, op-eds and thought pieces. According to reports, the Cajun restaurant sold out of its entire seven-week inventory in just over two weeks. 

As what often happens when demand outpaces supply this dramatically, the value of the Popeyes sandwich has exploded on the secondary market. One Maryland man managed to sell his for $100, an incredible 2,400 percent markup over the retail price of $3.99. Read More

09.04.19- Are We Witnessing the Early Stages of a Bull Market in Gold and Silver?
Birch Gold Group

Get ready for gold to touch $1,800

After a disappointing June meeting between President Trump and Chinese president Xi Jinping, Forbes contributor Naeem Aslam believes that Trump’s recent speech at the G7 summit did little to soothe worries that both economies will keep insisting on their respective trade terms. In the absence of a satisfactory deal, the Federal Reserve has looked to offset the effects of the escalating trade war by turning dovish and hinting towards a continuation of interest rate cuts. Read More

09.03.19- How To Ride The Gold (& Silver) Bull
Adam Taggart

Tremendous gains lie ahead for those investors who don't screw this opportunity up

The prospects for further gold and silver price appreciation has rarely looked this strong.

Declining — heck, negative! — interest rates around the world. And central banks, including the all-important Federal Reserve, publicly committed to bringing them even lower going forward. Read More

09.02.19- Precious Metals Now Look
Better Than Ever: U.S. Government Debt
Surges $450 Billion In August

Steve St Angelo

Not only are the precious metals prices looking better than they have for several years, but the reasons to own them continue to improve as central banks begin to crank up their massive CREDIT CARD DEBT. In just the past month, the U.S. Treasury has increased the outstanding public debt by a whopping $450 billion.

Of course, they are making up for some lost time as they were unable to increase the debt until the Whitehouse, Senate, and Congress passed a bipartisan deal for a two-year postponement of the debt-ceiling on July 22nd.  Thus, the new agreement has kept the U.S. Government from shutting down or defaulting on its debt. Read More

08.31.19- World needs to prepare for return to gold standard as Washington disrupts financial order
Global Times

The safe-haven property of gold has fully manifested in recent weeks. Spot gold hit $1,535.11 an ounce on August 13, the highest level since 2013.

I believe the gold price could reach as high as $1,800 an ounce in the future, and in the meantime, there will be increasing discussions about the world's return to the gold standard. The global market structure has been undergoing tremendous changes these days. The US has been pulling itself out of the multilateral arena for the purposes of protecting and enhancing the value of its own market space. As a result, signs of structural adjustments in the world market have become increasingly evident, but are still far from raising the general attention of the global financial community. In fact, many people still hope that such structural adjustments won't happen, so the market can go back to the old days.
 Read More

08.30.19- Silver rally is stealing the show even as gold surges to 6-year high
Myra P. Saefong

Silver has gained more than gold in August.

Precious metals are scoring impressive gains in August, with gold poised for a fourth consecutive monthly rise, though silver is steadily outpacing the price climb of its sister metal. Both have plenty of reasons to move even higher in the weeks to come, analysts said.

“People are finally starting to believe that we are in a bull market in [precious] metals,” said James Hatzigiannis, senior strategist at Long Leaf Trading Group. “Silver is always known as a laggard to gold, and now you are seeing people getting into silver.”  Read More

08.29.19- Gold Price Forecast:
Gold Price Around Labor Day

P. Radomski

There are many techniques that investors and traders use to gain insight into gold’s future prices, and different people usually have different set of tools that they use. Some focus on moving averages, while others pay attention to Fibonacci Retracement and indicators, and some insist to apply the Elliot Wave Theory… But among all these discussions there is usually one common denominator to which everyone, or almost everyone agrees. Certain price moves happen at similar times during the year.  Read More

08.28.19- From Here, Where?
Craig Hemke

Wow, what a year this has been. Back in January, we predicted that 2019 would be the best year for the precious metals since 2010, and with four months to go, the metals look to exceed that bullish forecast. So today, let's take stock of where we are and where we're headed.

First of all, here's that post from January. Keep in mind that a precious metals rally was definitely NOT a popular opinion eight months ago. Both gold and silver were stuck in declines and ranges that stretched back to 2013, so most analysts and investors were pretty downtrodden and complacent. At TFMR? Not so much... Read More

08.27.19- Here’s a dirty secret few people know about gold
Simon Black

In 1962 in a picturesque setting in Santa Barbara, California, two local entrepreneurs opened a low-cost, roadside inn where the nightly room rate was just $6.

They called it Motel 6.

And today the chain has grown to over 1,400 locations.

If you want the most straightforward explanation for why you should own gold, consider your local Motel 6.

It’s noteworthy that, today, the very same Santa Barbara location now rents its rooms for nearly $90 per night. Read More

08.26.19- Central Banks Are Purchasing Gold at Record Highs. Why?
Nicholas Anthony

The World Gold Council reported that central banks bought a historic high of 374.1 tons of gold this year.

As reported by Dion Rabouin atAxios, an unprecedented shift toward gold has been led by the financial authorities of the world in what appears to be a move away from the US dollar.

The World Gold Council reported that central banks bought a historic high of 374.1 tons of gold this year. While this move accounts for only 16 percent of total gold demand, it offers an inside look into the minds of the central bankers.  Read More

08.24.19- Debt Orgy: Gold $2,000 – Here’s the Precise Timeline!
Tom Beck

Short-term, the dollar is ready to make a breakout here against other fiat currencies. The dynamics of the global economy are such that the Federal Reserve was the only one tightening, while the rest were easing and getting into the negative rates range. This caused a rush into the dollar and that demand, coupled with the fact that the FED was shrinking its balance sheet, caused the dollar to be the best-performing asset class in the world in 2018. It was a major anomaly. Read More

08.23.19- On The Job Training
Theodore Butler

Tuesday’s announcement by the Justice Department of a guilty plea by a long term former trader from JPMorgan for spoofing COMEX precious metal futures was the second such guilty plea since October. Both traders are cooperating in the DOJ’s ongoing investigation.

While it took way too long for the Justice Department and the CFTC to finally crack down on spoofing, I suppose it’s a case of better late than never. And there can be little doubt that the regulators have cracked down on the illegal practice, which involves the entry and immediate cancellation of large orders solely designed to manipulate prices in the short term. Read More

08.22.19- 4 compelling reasons to be thinking about gold
Simon Black

From time to time it’s important to take a giant step back and take a fresh look at everything that’s going on with a big picture perspective.

The last few weeks has been nothing short of incredible… so many important things happening that have never happened before ever. Let’s take a step back together: Read More

08.21.19- Gold and Silver Headed Much Higher As Cartel Runs Out of Physical
Bill Murphy

View Video

08.20.19- This indicator says silver has biggest upside potential in 30 years
Joe Jarvis

Ten years ago, silver was worth $13 per ounce.

At the time, it would have been silly to make any specific predictions about what the price would go to on a specific timeline. But it was correct to acknowledge the long term,physical precious metals hold their value.

You hardly have to worry about losing value in silver, as long as you didn’t mind waiting. But one indicator in 2009 said you probably wouldn’t have to wait long. Read More

08.19.19- What The US-China Currency War Means For The Economy
Daniel Lacalle

A few months ago many of us read about the theory of “the nuclear option”…

A few months ago many of us read about the theory of “the nuclear option,” according to which China could generate a huge debt crisis in the United States and destroy the US economy if it sold its treasury holdings.

As I mentioned at the time, China can become a greater economic leader, but the Chinese yuan cannot be a global reserve currency while maintaining capital controls and exchange rate fixing. Read More

08.17.19- The History of the World is
a History of Gold

Torgny Persson

The history of gold is nearly as long as the history of human civilisation. Gold has been inextricably linked to human civilisations since at least 6000 BC. There is absolutely no way of looking at the history of the world without encountering the history of gold.

Most importantly, gold has been used as money in countless civilisations for thousands of years, facilitating trade and economic growth and acting as a store of value for accumulated wealth. Indeed, gold has been the ultimate form of money for thousands of years because it is a trusted form of money which retains its purchasing power over time. Read More

08.16.19- Silver prices with explosive upside
Alasdair Macleod

Silver prices have lagged gold prices since 2017 which has pushed the gold-to-silver ratio close to the all-time high. Silver prices are also significantly below what is predicted by our pricing model. We think that the reasons for this subdued performance are transitory and that silver will outperform gold again as the next precious metals cycle continues to unfold. Read More

08.15.19- Gold Bulls Must Love the Hong Kong Protests
Arkadiusz Sieron

The situation appears to be getting worse every week. What does it imply for the gold market?

It appears that the two steps forward, one step backwards approach of mainland China isn’t working as Hong Kong citizens are protesting again. The increasingly violent protests have plunged Chinese-ruled Hong Kong into its most serious crisis in decades, and the situation appears to be getting worse every week. What does it imply for the gold market? Read More

08.14.19- The Remarkable Resiliency
Of Gold And Silver

Dave Kranzler

The price of gold continues to hold up under the enormous selling in the paper derivatives markets on the Comex and LBMA.  This morning’s price attack is a good example.

The chart below shows December paper gold in 5 minute intervals. Typically the price of gold is taken lower leading up to the a.m. London “fix,” in which the “price fix” process is characterized with heavy offerings.  Lately the price bounces after that. And of course there’s the obligatory price-smack when the Comex floor trading commences (8:20 a.m. EST).  Check that box.  Then the “hey can I tell you the good news” item hit the tape about 4 minutes after the NYSE opened. Read More

08.13.19- Silver Will Benefit From
America’s Debt Crisis

Nick Giambruno

The media hated them.

Big Business, numerous federal agencies, and politicians of all stripes hated them too.

Even Tiffany & Co., the famous jewelry company, vilified them in a full-page advertisement in The New York Times, calling them “unconscionable.”

The villains everyone loved to hate were the Hunt brothers. They were critics of the fiat money system and advocated for hard money based on commodities. Read More

08.12.19- A Currency War Will Only Weaken Growth And Strengthen Gold
Daniel Lacalle

A few months ago many of us read about the conspiracy theory of “the nuclear option”, according to which China could generate a huge debt crisis in the United States and destroy the US economy if it sold its treasury holdings.

This week we have verified that the reality is very different. China has reduced its holdings of U.S. bonds by $ 100 billion since the September 2018 highs and the result is that the U.S. treasury bond has strengthened without the need for Federal Reserve repurchases, while China has been forced to devalue the yuan when the country’s capital flight intensified (more than $40 billion in the first half, according to the IIF, registering the highest figure in ten months in June). Read More

08.10.19- Gold Price Hasn’t Been Suppressed For Decades Unless You Fail Basic Math & Logic At Same Time
Bob Moriarty

Additionally, gold is due for a price correction here…

All markets go up. All markets go down. No market ever goes straight up unless it’s the end of the world and in that case why would you care?

Gold hit bottom in early 2016. Smart money was buying then. Gradually gold rose and fell with the tide until lately when it went on a roll. All the permabulls are screeching about a new bull market but it’s been a bull market for three years and been rising since a year past. Read More

08.09.19- Is the Federal Reserve losing control of the gold price?
Paul Craig Roberts

After years of being kept in the doldrums by orchestrated short selling described on this website by Roberts and Kranzler, gold has lately moved up sharply reaching $1,510 this morning.  The gold price has continued to rise despite the continuing practice of dumping large volumes of naked contracts in the futures market.  The gold price is driven down but quickly recovers and moves on up.  I haven’t an explanation at this time for the new force that is more powerful than the short-selling that has been used to control the price of gold. Read More

08.08.19- Carlin-Type Gold Deposits: What’s Next?
TSX Media

The world’s largest gold miners are joining forces as part of a major overhaul of the global gold industry, and Nevada is at the epicenter. It’s no surprise — the state is recognized as one of the world’s top jurisdictions for gold, and the precious metal is Nevada’s most valuable export. Total gold production to date is more than 225 million ounces, from some 600 past and current gold mines. Read More

08.07.19- Position Limits On Silver
Ted Butler

They’ve gotten away with decades of depressing the price and nothing will save them should the CFTC disallow them from continuing to dominate…

The newly-installed chairman of the CFTC, Dr. Heath Tarbert, in office for only two weeks, submitted an op-ed to Fox Business News the other day, in which he laid out his goals for the agency. Dr. Tarbert comes to the agency with an impressive educational and professional background and as a Republican nominee, I had assumed he would continue in trying to lighten the regulatory burdens on the big guns in the financial industry. Instead, I came away with a very different take upon reading his opinion piece. Read More

08.06.19- There’s More to Gold’s Performance Than Meets the Eye
Birch Gold Group

This week, Your News to Know rounds up the latest news involving precious metals and the overall economy. Stories include: Gold bulls look beyond Fed as growth slows and recession fears rise, the global economy is setting the stage for gold fever, and gold’s next mission is revisiting resistance at $1,700 an ounce.

Gold Bulls Look Beyond Fed as Growth Slows and Recession Fears Rise Read More

08.05.19- German Gold in WWII
Larry LaBorde

During WWII the Germans were in need of money to buy foreign materials to conduct the war. It is estimated they stole almost 500 metric tons (around 16 million troy oz equal to $23 billion USD @ $1,450 / oz) from various governments. Most was taken from Belgium, the Netherlands, Austria and Czechoslovakia. The French gold (about 2,500 metric tons or 80 million troy oz) was saved from the Germans in a rather interesting story that I will save for later. Read More

08.03.19- Gold, the “anti-dollar”, will rise
Alex Rankine

“We are living in a brave new world,” says Irwin Stelzer in The Sunday Times. Democrats and Republicans have managed to put aside their political differences in order to raise the ceiling on America’s national debt by $320bn. It seems that platitudes about future generations and fiscal probity are a lower priority than re-election battles in 2020. The US federal budget deficit now looks set to top $1trn for the second year in a row, reports Kate Davidson in The Wall Street Journal. Yet low Treasury yields suggest that markets are “unfazed by all the red ink”. Read More

08.02.19- Short Squeeze Coming? A Preview Of The Silver Market For The Month Of August
Chris Marcus

Are we at increased risk for a short-term sell-off, or is a short squeeze coming? Here’s the outlook for silver in the month of August…

Disclaimer: This report contains strategies that could be risky for certain investors and is presented as research for further investigation. As always, you are trading and committing capital at your own risk Read More

08.01.19- Trump Fed pick’s push for gold
troubles lawmakers

Ethan Huff

Prominent economists agree that a return to a gold-linked dollar would not be better for the average American.

Decades after the U.S. abandoned its policy of tying the dollar’s value to gold, President Donald Trump’s latest pick for the Federal Reserve, Judy Shelton, wants to bring it back into style. Read More

07.31.19- The 'Liberty' Silver Ounce: its Origin and its Future
Hugo Salinas Price

Don Jose Lopez Portillo became President of Mexico in 1976.

In 1981, President of Mexico Lopez Portillo ordered the creation of a silver-ounce coin, the “Liberty Ounce”, whose weight was to be 31.1 grams, the weight of a Troy ounce. This coin was to bear no engraved monetary value.

President Lopez Portillo’s intention was to provide Mexicans with a solid, traditional monetary instrument that would enjoy an official monetary quote, to be determined daily by Mexico’s Central Bank. Read More

07.30.19- Stocks No Bid - Gold No Offer
Egon von Greyerz

It is not difficult to understand Cassandra’s enormous frustration. She was given the gift of accurately predicting important events and her curse was that no one would believe her. Some of us are certain that we can now see the biggest bubbles in economic history coming to an end with totally devastating effects for the world. But like Cassandra, we are also cursed since more than 99.9% of the world’s population would not believe our predictions.

The problem is that this time it will not only involve the biggest wealth destruction in history but also lead to major problems in society with mass unemployment, no social security, no pensions, breakdown in law and order, social unrest, civil war and geopolitical conflict. Read More

07.29.19- And Now, for Something Entirely Different: Is It Time for America to Break Apart?
Ron Unz

There is a question that increasingly arises, uncomfortably, in our conversations…
from brief exchanges at work at the water cooler, at home with family, after church on Sunday, with our email messages to friends and associates. To watch any amount of television news these days, to switch back and forth between, say, CNN and Fox, and to listen to their interpretations of any event or issue, no matter what, that same question clambers in the background like an unchained wild beast:

What has happened—what is happening—to the geographical entity we call the United States, to its people, to its culture? Does it not seem like the country is coming apart at the seams, in just about everything, from its once-established moral base in a more or less historic Christian framework to its very vision of reality. Read More

07.27.19- Silver Outperforming Gold
Adam Hamilton

Silver has blasted higher in the last couple weeks, far outperforming gold.  This is certainly noteworthy, as silver has stunk up the precious-metals joint for years.  This deeply-out-of-favor metal may be embarking on a sea-change sentiment shift, finally returning to amplifying gold’s upside.  Silver is not only radically undervalued relative to gold, but investors are aggressively buying.  Silver’s upside potential is massive. Read More

07.26.19- The Reasoning Behind Gold’s Breakout
Alasdair Macleod

Gold’s dramatic move above $1400 has caught the investment establishment by surprise. Physical gold ETFs, as a proxy for direct portfolio investment, amount to only 0.05% of the estimated $250 trillion of global investment values.

As well as being badly wrongfooted, investment managers have little understanding of the role of gold as money, believing it to have no role in the monetary system. They will have to undergo a rapid re-education. This article addresses their common misconceptions. Read More

07.25.19- My Biggest 'Fear' For Silver
Avi Gilburt

While we were prepared for last week’s run in silver in our service on ElliottWaveTrader.net, many are only now suggesting to buy into the metals after missing the last 10%+ move up in silver. Yes, that is what happens so often in financial markets. Markets go higher and people want to buy more the higher it goes. Yet I was getting a lot of pushback when I was suggesting people use price levels below 15 to accumulate silver holdings.

What strikes me as odd is that in every other aspect of your life, you are in search of “the deal.” If you want to make any other type of purchase, you invest a lot of time in finding the best or lowest price you can find out there in the market. Yet, that is not what happens with most investors in the financial markets. Read More

07.24.19- Europe Is Dying On A Cross Of Gold
Tom Luongo

Gold is calling out the insanity of the European Union. It is also calling out the insanity of the global economy. But really it’s all about the euro at this point.

Since breaking through the post-Brexit high of $1375 per ounce, gold has pushed higher. Yes, it’s been volatile. Yes, the forces of control keep trying to stuff gold back inside the box, as it were.

And they keep failing. Read More

07.23.19- Goldfinger, Silver And Gold
GE Christenson

Breaking News: On July 5, 2019 prices for contracts of paper gold and silver closed at $1,400 and $15.00, a multi-decade gold/silver ratio high. The great financial game continues. What game?

  1. Low gold prices inspire confidence in central bankers and governments. The-Powers-That-Be (TPTB) often devalue their currencies too rapidly, do something more stupid than usual, pound the middle class with excessive digital printing of fiat currency units, and expand wars. When people recognize fiscal and monetary disaster ahead, prices for gold and silver rise. Hence TPTB “manage” gold and silver prices on the paper exchanges to support their “everything is great” story. Read More

07.22.19- The Real Potential For Silver Is $840/oz
Egon von Greyerz

CONFIDENCE AND EUPHORIA WILL TURN TO FEAR AND DESPAIR

Investors today have Hobson’s Choice. But they still don’t understand the options open to them.

Thomas Hobson had a livery stable of 40 horses in Cambridge in the 16th-17th centuries. But customers only had a choice of one horse. They could either take the one nearest the door or none at all. Read More

07.20.19- The Gold Rush Heats Up
as Sub-Zero Yields Spread

Eddie van der Walt

Gold, once mocked for its lack of yield and practical use, offers something the growing pile of negative-yielding bonds doesn’t -- inflation protection. Plus, it makes a great doorstop.

As holders of promissory notes issued by sovereigns and companies watch the real value of their savings drain away amid central bankers’ efforts to kick-start growth, the allure of one of the oldest investment assets has become ever stronger. These five charts show just how popular gold has become -- and how closely it’s linked to the downward spiral in yields. Read More

07.19.19- Silver Is Going Higher Regardless Of JP Morgan Or China
Michael Ballanger

The shackles of gold price suppression have been broken, and before the end of summer, silver will seize the mantle of dominance…

“The desire for gold is the most universal and deeply rooted commercial instinct of the human race.”—Gerald M. Loeb

One of the finest books ever written on investing was “The Battle for Investment Survival,” by Gerald M. Loeb, the provider of today’s quote and a true legend in the distant, long-forgotten world of free market capitalism. Also credited with “Put all of your eggs in one basket and watch the basket,” it was an obvious slap-in-the-face to those who eat, drink and breathe the diversification mantra. Read More

07.18.19- Silver Price Forecast: Targeting $20 in 2019, $50 During 2020 and $169 by 2025
Jason Hamlin

The Silver Bull Awakens

Gold outperformed silver by a wide margin during the first half of 2019. While gold was up 8%, silver actually fell nearly 2%. This pushed the gold/silver ratio to a 26-year high near 94, which is more than 50% higher than the average ratio over the past few decades. Silver had become significantly undervalued relative to the price of gold, hitting this extremity just a few weeks ago.

But that all changed this week. Read More

07.17.19- Will the Multi-Polar World be
Backed by Gold?

Tom Luongo

It’s not news that China and Russia have been buying gold by the hundreds of tonnes. It’s not news that Russia divested itself of most of its U.S. Treasury holdings last year in response to Donald Trump’s sanctions on Rusal, upsetting the global Aluminum market.

Russia has led the charge on central bank gold buying, having increased its official holdings from 400.3 tonnes in Q1 of 2007 to 2168.3 tonnes as of the end of Q1 2019. That’s a 442% increase in gold reserves.Read More

07.16.19- THE SILVER PRICE: Setting Up For A Breakout?
Steve St Angelo

After gold broke above a critical resistance level, held for the past five years, precious metals’ investors are now wondering, “what’s in store for silver?”  While gold surged from $1,340 to $1,440 in just one week last month, silver only went up a mere $0.70.  Thus, the Gold-Silver ratio increased from 89/1 to 94/1, in the same five-day period.

So, the BIG QUESTION many precious metals investors are asking, “Is silver going to follow gold’s move higher?” And, in several price trends in the past, silver does follow gold higher but also outperforms the yellow metal in the later stage. Read More

07.15.19- Gold is for Freedom and Benefit
Egon von Greyerz

Lemmings have a herd mentality. But following the crowd, can have grave consequences like falling off a cliff and drowning in the ocean. Many investors have the same instinct. They follow the crowd and buy or sell when other people do. This probably won’t end in the same disaster as the lemmings, but following the crowd virtually never leads to a successful long term investment performance. The biggest investment profits are normally made by investing long term. The key is to buy when an investment is undervalued and unloved. That reduces the risk substantially and thus increases the potential return. Read More

07.13.19- A whale is accumulating silver futures
Alasdair Macleod

Silver’s recent price performance has been disappointing. Normally, it is almost twice as volatile as gold, so when the gold price rises 11%, as it has since last December, you would expect silver to rise about 20%. Instead it has fallen marginally.

When we dig into the weekly Commitment of Traders’ Reports covering Comex futures, we see something very odd indeed. The largest four traders, normally bullion banks or major producers hedging future output, almost always run short positions against speculators’ longs. The more bullish speculators are, the more shorts are carried by the big four to accommodate them. Equally, they only go net long when the speculators are extremely bearish and are collectively marginally long or exceptionally net short. Not now, as the following chart of the Largest Four Traders net positions shows.Read More

07.12.19- Deliberately Looking Away
Theodore Butler

There are two great evolutions underway in the world of commodities that, while in full view, are misunderstood or overlooked by most observers. So important are these two developments that they threaten serious market upheaval when they are addressed, as must inevitably occur.  Most remarkably, indisputable data published by the primary federal commodities regulator, the CFTC, prove beyond a doubt both occurrences are underway, even as the agency, along with the US Department of Justice, refuse to confront what is a clear violation of US commodity and antitrust law. Read More

07.11.19- Gold Will Rise Even If The Fed Doesn't Cut Interest Rates
Brandon Smith

There has been much speculation lately on the Federal Reserve and its ongoing tightening policy. If you were to only read mainstream economic news you would think the Fed had already reversed course and “capitulated”, but this is not the case. The Fed continues to hold interest rates at their neutral rate of inflation while also moving forward with asset dumps from their balance sheet. Nothing has changed since December/January when the Fed first made minor changes to its public statements hinting at “accommodation”. Read More

07.10.19- The Only Way To Avert Economic Armageddon Is To Transition To The Gold Standard
Keith Weiner

Can economic growth race ahead of the growing debt, or will the debt re-assert itself, and what does it all mean for the economy?

We have been writing on the flaws in GDP: that it is no measure of the economy, because it looks only at cash and not the balance sheet, and that there are positive feedback loops.

“OK, Mr. Smarty Pants,” you’re thinking “if GDP is not a good measure of the economy, then what is?!” Read More

07.09.19- Trump’s Call for a More Dovish Fed Gives Gold More Room to Grow
Birch Gold Group

This week, Your News to Know rounds up the latest news involving precious metal and the overall economy. Stories include: Gold gets another booster shot as Trump calls for a more dovish Fed, why 2019 is gold’s breakout year, and U.S. Independence Day translates to fireworks for gold.

After many years of hawkish policies, the Federal Reserve’s intense turnaround appears to have taken the markets aback. In a matter of weeks, Fed officials went from reassuring investors that the economy is going strong to hinting towards prolonged monetary easing. Read More

07.08.19- A Tale of Three Cities
Gary Christenson

This is fiction but has similarities to the reality we think we know. 

City One: Debtapolis 

In this fictional world a financial genius and his offspring executed a brilliant plan over several centuries.

  1. The government authorized his bank to create and print paper money, backed by gold or silver.

  2. The bank accepted gold, silver and other valuables as deposits into its vaults, and loaned paper money to governments, businesses, politicians, and individuals. Read More

07.06.19- Here's Why Gold Has Been Used As Money For Thousands Of Years
Michael Maharrey

The economist John Maynard Keynes famously called gold a “barbarous relic”, suggesting that its usefulness as money is an artifact of the past. In an era filled with cashless transactions and hundreds of cryptocurrencies, this statement seems truer today than in Keynes’ time.

However, gold also possesses elemental properties that has made it an ideal metal for money throughout history. Read More

07.05.19- 3 Metallic Amigos: AU, AG & CU
Notes From the Rabbit Hole

When last we left the 3 Metallic Amigos… I can’t remember the detailed individual statuses and am too busy to go read the post. They were something like borderline hysterical gold, attractive silver and bouncing (but not yet bullish) copper. So here’s today’s update on these Amigos.

Gold is testing the high today after not even pulling a 38% Fib retrace. A real bull market launch may not pull back to a nice neat support/retrace level (38%, 50%) but that does qualify as a test of the big picture breakout at 1378, which has for years now been our (NFTRH) Bull/Bear line of demarcation. As long as that holds up, gold is in a bull market. Can it be making a very short-term double top? Ah, sure. But it can also be ready to rip higher. Point is, gold is not yet beyond a pullback potential to the 1350-1375 area but man, it’s bullish. Read More

07.04.19- The Patriotic and Moral Imperative for Owning Gold and Silver
Johnny Silver Bear

I pledge allegiance to the flag...

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.

When we recite those seemingly patriotic words, what are we really pledging our allegiance to? To the flag? To the United States? To the Republic for which it stands? Read More

07.03.19- Spokesmodels Left Speechless -
Gold Rockets $33 Higher

Jesse's Café Américain

“There are two ways to be fooled.  One is to believe what isn't true; the other is to refuse to believe what is true.” 

Søren Kierkegaard


"Beware the leaven of the Pharisees, which is a pious, hollow hypocrisy. For there is nothing covered that shall not be revealed, or hidden, that shall not be made known.  Whatever has been said in the darkness shall be heard in the light: and what has been whispered behind closed doors shall be shouted from the roof tops."

Luke 12:1-3 Read More

07.02.19- Gold Receives Bullish Outlook From Anti-Dollar Trade
Birch Gold Group

This week, Your News to Know rounds up the latest news involving gold and the overall economy. Stories include: Anti-dollar trade is reinforcing gold’s bullish outlook, how silver could follow gold’s lead, and gold has plenty of room to move higher.

Anti-Dollar Trade Reinforcing Gold’s Bullish Outlook

Over the past two weeks gold was posting its best run in over six years. While the metal’s outperformance is generally tied to a weakening dollar, Mark McCormick, a foreign exchange strategist at TD Securities, believes other currencies are also playing a major role in gold’s rise. Read More

07.01.19- Gold: BOOM Goes The Dynamite
Dave Kranzler

After dancing around the $1350 level (August futures basis) the price of gold launched in three stages after the FOMC circus was over on June 19th. The first move enabled gold to break above and hold the $1360 area of resistance that has been referenced ad nauseum for the last three years. Then, two “reverse flash crashes” later on Thursday and Friday that week, gold powered well above $1400 before a “flash crash” at the end of Friday’s trading pushed gold back below $1400 for the weekend. On Monday afternoon (June 24th) gold broke free from  the shackles of official price containment and sustained a move over $1400 and ran up to $1440. Read More

06.29.19- Time for an International Gold Reset
Gary Christenson

Every 30 – 40 years the world goes crazy, takes a deep dive into a shallow pond, dances with the devil, and resets gold internationally.

In 1913: 

A corrupt congress created the Federal Reserve and reset gold’s status. Paper currency units (bad money) eventually drove gold (good money) out of the financial system. Read More

06.28.19- Gold At Risk Of A Sharp Pullback Before Higher Again
David Brady

Open interest in Gold futures on the COMEX bottomed at 430k contracts on April 30. They have since risen to 526k on June 18. That’s an increase of 96k contracts.

At the same time, the Swaps (aka the “Banks”) have increased their net short position from 37k to 122k, or 85k contracts. This means that a full 88% of the increase in open interest has gone straight to the Banks’ net short position. Read More

06.27.19- On the Source of Authority
Hugo Salinas Price

For the sake of brevity, and because this is not a scholarly article, but only an examination of a theme that must be treated in as few words as possible, it is necessary to make some sweeping generalizations.

From the dawn of History and up until relatively recent times, humanity was governed by kings whose will was law; kings were supported by priesthoods who affirmed that the royal power was divinely instituted. Thus, kings were regularly regarded by their subjects as semi-gods. Read More

06.26.19- Silver Prices – The Next Five Years
Gary Christenson

Breaking News:  COMEX paper gold contracts closed on Friday, June 21, at $1,400.10, up from $1,274 on May 22. Silver closed at $15.29, up from $14.41 on May 29. The S&P 500 Index hit a new all-time high on June 20.

Gold closed at its highest price since 2013. 

What Happens Now?

  • We don’t know. Both metals have disappointed for years. We expect much higher prices, but they could disappoint again. Read More

06.25.18- If History Still Matters, Silver Is Poised For A Huge Move
John Rubino

It’s been a pretty good couple of months for precious metals, but more so for gold than silver. Both are up but gold is up more, and the imbalance that this creates might be one of the major investment themes of the next few years.

The gold/silver ratio – that is, how many ounces of silver it takes to buy an ounce of gold – has bounced all over the place since the 1960s. But whenever it’s gotten extremely high – say above 80 – silver outperformed gold, sometimes dramatically. Read More

06.24.19- Gold Price has Finally Broken Through a Key 5 Year Resistance Level
Steve St Angelo

After five long years, the gold price has finally broken through a key resistance level and is now heading towards $1,400.  When the Fed announced possible rate cuts starting in July, after the market closed, the gold price shot up and continued higher during Asian trading. 

If gold closes above $1,400 by the end of the month, it could be setting the stage for another large bull market. Read More

06.22.19- Why is JPMorgan Above the Law?
Theodore Butler

Recent developments indicate, almost beyond question, that when it comes to silver (and gold), JPMorgan is operating in direct violation of the law. So clear is the proof of this allegation that the only real question is why JPM is allowed to openly flaunt basic commodity and antitrust law? Before getting to the why, let me first establish that JPMorgan is, indeed, violating the law when it comes to silver and gold.

JPMorgan is the largest and most important bank in the US and many would consider its CEO, Jamie Dimon, to be not only the most respected voice in banking, but in the corporate world as a whole. Given its high profile, JPMorgan is closely monitored and analyzed. Despite this coverage, very few know that JPMorgan is the dominant force in silver and gold markets. Yet public data demonstrate that JPMorgan has come to dominate the derivatives and physical sides of silver and gold. Read More

06.21.19- Sharps Pixley: The Gold Train Is Leaving The Station
Ross Norman

A wealthy Turkish client of Sharps Pixley recently recounted how financial crises evolve first hand - initially there is deteriorating market news, coupled with rising prices as the local currency falls ; a sense of indignation and disbelief sets in.

As things start to spiral one’s mind turns to wealth protection and the option to move savings into gold. Hell, gold is already at an all-time high in Turkish Lira terms - gold has anticipated things and moved ahead of events in a stealth rally. He decides to hold off - who would buy at a record high … and then things worsen and correspondingly gold accelerates away. The train has left the station and he is locked into watching his savings and other assets dissolve as inflation soared to over 20% … and gold in Lira goes through the roof. Read More

06.20.19- How To Buy Gold For $3 An Ounce
Ian Jenkins

What Wall Street knows as an incontrovertible truth is this: Fear is a bargain. And right now, there’s so much fear floating around the market that gold is back on everyone’s radar, with incredible bargains.  

Gold is trading at over $1,342 an ounce right now. 

So imagine buying it for $2-$3 an ounce instead. When Wall Street goes bargain hunting, it’s looking for discount gold.  Read More

06.19.19- Gold Seen as Winner as Trade War Sees No End in Sight
Birch Gold Group

This week, Your News to Know rounds up the latest news involving precious metals and the overall economy. Stories include: Gold is winning in a trade war that has no end in sight, what a U.S. rate cut could mean for gold prices, and billionaire fund manager sees gold reaching $1,700.

The past week has been good for gold prices as investors finally accepted that there will be no peaceful solution to the trade war between the U.S. and China. Prices have trended above $1,330 over the past week, and according to Kitco, Bank of America Merrill Lynch’s (BoA) analysts think that $1,400 could be right around the corner. Read More

06.18.19- Why Junk Silver?
Bill Holter

By now you should already know the story behind the gold/silver ratio and why silver is the compelling buy of the two. The ratio is currently about 82-1 (it takes 82 ounces of silver to purchase one ounce of gold). Silver is found in the Earth’s crust at roughly 10-1 versus gold, let’s call this “God’s ratio”. Were the ratio to reach 10-1, silver would thus outperform gold roughly 8 fold. 10-1 may or may not be a stretch but suffice it to say that silver should certainly outperform gold in the coming bull market. Let’s call this anomaly #1,

If you understand the above then you understand you should be more heavily weighted in silver versus gold. But what “form” of silver should you own? Your choices are ETF’s or pooled accounts (a very poor choice as the metal may not even exist and all you own is a worthless piece of paper), bars, generic rounds, foreign sovereign mint coins, or US mint lineage coins. Read More

06.17.19- Thucydides Trap and gold
Rick Mills

When an emerging power attempts to supplant a hegemonic power in international politics, major conflict often ensues. This is the definition of “The Thucydides Trap” as explained in a recent op-ed piece in The Japan Times.

The Thucydides Trap (pronounced “thu”, like you have a heavy lisp + sid + idees) is a term invented by Graham Allison, a professor at Harvard’s Kennedy School of Government. Alison has been saying since 2015 that war between a rising power, China, and an established power, the United States, is inevitable, based on historical examples. The argument is fleshed out in his book, 'Destined for War: Can America and China Escape Thucydides’sTrap?' Read More

06.15.19- Precious Metals:
T-Minus 3 Seconds to Liftoff

Chris Vermeulen

We take great pride in our research team’s ability to make accurate predictions and calls in the markets.  In addition to the many predictions and calls we’ve made over the past few years, our Gold prediction from October 2018 continues to astound many industry professionals. We receive emails from people asking how we were able to make such an incredible call in Gold 6 to 8 months before these price moves?  We politely tell these people that our research team and our proprietary predictive modeling tools assist us in finding and making these incredible predictions.  The simple answer is it takes hard work, specialized tools and a lot of skill and research. Read More

06.14.19- Gold Rips Higher While Oil Plummets
Justin Spittler

The commodities market is sending us an important signal.

This signal doesn’t appear often. We’ve only seen it three other times since the 1980s. 

The first two times were in 1999, only months before the dot-com bubble popped.

The third time was in 2008… just as the U.S. economy was entering its worst downturn since the Great Depression. Read More

06.13.19- 8 Reasons a Huge Gold Mania
Is About to Begin

Nick Giambruno

An epic gold bull market is on the menu for 2019.

I’m not talking about a garden-variety cyclical gold bull market, but rather one of the biggest gold manias in history.

This gold mania will be riding the wave of an incredibly powerful trend… the re-monetization of gold.

The last time the international monetary system experienced a paradigm shift of this magnitude was in 1971.

Then, the dollar price of gold skyrocketed over 2,300%. Read More

06.12.19- Gold Has Out-Performed U.S. Dollar for Nearly 50 Years
Birch Gold Group

Gold has beaten the U.S. dollar for nearly 50 years, and why the price of silver could be on the cusp of a major breakout, and Malaysian prime minister eyeing a gold-backed currency.

Gold has Beaten U.S. Dollar for Nearly 50 Years

As gold broke out of its rut to reach a three-month high in a week’s time, analysts at Degussa have offered a broader perspective on the metal’s performance over the previous decades. While few could argue the point that gold is currently handily beating the greenback for nearly 50 years. Read More

06.11.19- Is the Gold/Silver Ratio Headed to 100? Three Questions to Answer
Jeff Clark

The gold/silver ratio keeps climbing. And climbing and climbing. When is this darn thing going to reverse and see silver finally outperform gold?

While no one really knows the answer to that question, there are hints that can tell us when things might shift. And just how big that shift might be. Let’s look at some history and some data and see what it tells us… Read More

06.10.19- Gold Surges Near Breakout
Adam Hamilton

Gold surged sharply over this past week or so, nearing a major bull-market breakout!  Nearly everyone was surprised by this violent awakening, which erupted suddenly as gold languished around year-to-date lows.  If this dramatic rally has staying power, gold has good odds of achieving decisive new bull-market highs.  That would change everything psychologically, ushering gold and its miners’ stocks back into favor.

Gold has largely flown under traders’ radars this year, mostly drowning in apathy.  Actually this unique asset had a strong start, climbing 4.6% year-to-date by mid-February to hit $1341.  While merely a 10.1-month high, gold was close to a major bull-market breakout.  For several years now, gold has faced stiff resistance around $1350.  It has repelled gold multiple times, looking like an impregnable Maginot Line. Read More

06.08.19- Could Gold Rally Above $3750
Before December 2019?

Chris Vermeulen

We asked our researchers a question recently, “Could Gold rally above $3750 before the end of 2019?”.  We wanted to see what type of research they would bring to the table that could support a move like this of nearly 200% from current levels.  We wanted to hear what they thought it would take for a move like this to happen and if they could support their conclusions with factual conjecture.

Now we ask you to review these findings and ask yourself the same question.  What would it take for Gold to rally above $3750 (over 200% from current levels) and why do you believe it is possible? Read More

06.07.19- Gold Tests Resistance – Again. Will The Sixth Time Be The Charm?
John Rubino

Here we go again. After a couple of big trading sessions, gold – for the sixth time in five years – is approaching the $1,350-ish level that has, each previous time, stopped it cold. 

It looks like fundamentals, including the Fed’s capitulation to choppy stock markets and trade-war related economic uncertainties, are trumping gold’s usual seasonality (strong in spring, weak in summer) at the moment. And those issues aren’t abating: Recent headlines paint a picture of an increasingly scary world: Read More

06.06.19- This week should be
something to behold!

Michael Ballanger

Hallelujah!

It was only a week ago that I was opining that there was nothing ominous in the technical picture for gold and silver that was altering my bullish stance; RSI and MACD were trending up and price was stubbornly refusing to yield to the myriad of bullion bank attacks mission-driven to force a crack of the critical $1,260.90 50-dma level so widely discussed in past weeks. As I show in the chart posted below, the first major up-gap in gold pricing occurred in the days back in October after the ratings agencies decided to “downgrade” the bonds of GE, a company that is now being seen as serially deficient in its reporting practices and masterfully adept at avoiding the long arm of SEC “law” (that’s a joke 😊) while using the stock price performance to advance book deals for the two rock star CEOs of the ’90s and early 00s, Jack Welch and Jeff Immelt. Read More

06.05.19- Sorry Permabulls, It’s Not Different This Time – Got Gold?
Dave Kranzler

An inverted yield curve has historically been the most accurate indicator of an impending or concurrent recession. The inversion during late 2006 and most of 2007 is a good example. Studies have shown that curve inversions precede a recession anywhere from 6 months to 2 years. I would argue that, stripping away the affects of inflation and data manipulation, real economic activity has been somewhat recessionary for several years.

The shelf-life of financial topics is about as long as the lifespan of a mayfly (about 24  hours). Several months ago, a debate raged about the significance of the inverted yield curve (short term rates are higher than longer term rates). Most perma-bull pundits who populate mass financial media advised their minions to ignore the yield inversion because “it’s different this time.” Read More

06.04.19- Trump’s Mexico Tariffs Sends Gold Prices Climbing
Birch Gold Group

Gold Climbs as Trump’s Mexico Tariffs Show No Country is Safe

After a timid couple of months, gold prices are once again trending upwards after news that President Trump is planning to impose a 5% tariff on Mexican goods, citing financial markets troubled by illegal immigration as the reason, reports Newsmax.

Even before the news, global investors had been feeling the tension as trade talks with China went sour, translating to a possible retaliation from the Asian nation. Read More

06.03.19- Silver – Eight Years Later
Gary Christenson

Eight years ago, silver reached $48 per ounce. COMEX changed the margin requirements, and others dumped thousands of paper contracts on the COMEX market to smash prices lower. They succeeded, as usual.

Old news! As they say, “Wash, rinse and repeat.”

Gold and silver prices fell hard since their 2011 highs, while central banks levitated the S&P 500 Index, most stocks, and bonds with massive infusions of cheap debt. Read More

06.01.19- When (Not If) Silver Has
a "Bitcoin Moment"

David Smith

In mid-May 2019 the leading cryptocurrency, Bitcoin (BTC), was trading around $5,600. At $4,000, a prominent technician predicted it was gearing up for a run to $6,500. Yet when it reached $5,700, he recommended selling because of a technical "non-confirmation."

As if on cue, BTC began an epic upside run, easily slicing through his initial target! Following an $8,600 print, the price cratered to $6,600, then back to... $8,400! Who knows where it will be when you read this, but I suggest that there is something important to be learned here… Read More

05.31.19- Gold in the Age of Eroding Trust
Ronald-Peter Stoeferle & Mark J. Valek

“Gold is ‘clotted’ trust or, if you like, clotted mistrust against all other promises of value. That leads us to the trail of its strange price movements: Its price rises wherever mistrust arises (mistrust of the future, politics, rulers), and it falls or stagnates where trust prevails.” - Roland Baader

In front of you, dear reader, lies the 13th edition of our In Gold We Trust report.1 It’s a special edition. Never before have we invested so much time, energy, money and passion into this report. Never before has the team for the report been so large. And never before have we analyzed such a broad spectrum of topics. For the first time, we are publishing the In Gold We Trust report in China, for a market that is becoming increasingly important for us and for the gold industry. Read More

05.30.19- Silver – Eight Years Later
Gary Christenson

Eight years ago, silver reached $48 per ounce. COMEX changed the margin requirements, and others dumped thousands of paper contracts on the COMEX market to smash prices lower. They succeeded, as usual.

Old news! As they say, “Wash, rinse and repeat.”

Gold and silver prices fell hard since their 2011 highs, while central banks levitated the S&P 500 Index, most stocks & bonds with massive infusions ofdebt. Central banks also purchased stocks and bonds. Read More

05.29.19- The best ways to invest in gold
Dominic Frisby

Today we’re talking gold.

I’m not going to make projections about the price – whether it’s going to go up or down.

Instead we’re going to look at the cost of buying and selling gold.

How to buy gold on the cheap

What’s the easiest, cheapest way to buy gold?  Read More

05.28.19- Without Gold The Wealthy
Will Be WIPED OUT

Egon von Greyerz

The massive explosion of wealth in the world could be a sign of general prosperity but that is certainly very far from the truth. The printed money and credit expansion has only benefited a very small minority. The gap between the rich and the poor is getting ever wider but it will soon shrink dramatically.

The Sunday Times in the UK just published its annual Rich List of the 1,000 wealthiest UK residents. There are today 151 UK billionaires with a total wealth of £771 billion. When the list was started in 1989 there were 9 billionaires. Read More

05.27.19- Gold Rally, Real or False
Todd 'Bubba' Horwitz

Once again, on Thursday, gold had a dead cat bounce higher; after starting the day down early, the precious metal managed a nice rally. However, the real question investors have to ask: was that a real rally with legs or just another selling opportunity? 

As we wrote yesterday and asked why wasn’t gold much higher when the equities were getting slammed? The answer is simple, gold is in a downtrend and Thursday’s rally is nothing more than another selling opportunity. Read More

05.25.19- Gold & Silver Prove Once Again, They Go Up When Most Everything Goes Down
Steve St Angelo

As the markets sold off on Thursday, gold, and silver were few of the only assets that remained in the green for the entire day.  Thus, the notion that the precious metals will crash with the markets continues to be proven wrong.  And what an ugly day it was as the Dow Jones fell 450 points at its low, while the Dollar, oil, and shale stocks were clobbered. Read More

05.24.19- None Dare Call It Nonsense
Gary Christenson

How many times have you heard “You can’t eat gold” as a reason NOT to own gold? It is nonsense.

  1. You can’t eat gold either during good times or after an economic collapse, but neither can you eat dollar bills, euros, bolivars or hundreds of other devaluing paper currencies.
  2. In good times and in bad times, gold is necessary for wealth protection. A gold market will always exist, and you can exchange your gold (or silver) for the items you need.
  3. Try exchanging Confederate money, Yugoslavian dinars, Hungarian pengos, Weimar Reichsmarks or hundreds of other failed currencies for food in 2019. You might starve. Read More

05.23.19- Ted Butler Interview: JPM, Silver Investors & More
Jim Cook

Cook: A lot of silver investors are frustrated these days. Can you give them any hope?

Butler: I’d be lying if I said I wasn’t frustrated as well. But I have no doubt that silver will eventually prove its great worth.

Cook: Does everything still depend on what JPMorgan does? Read More

05.22.19- "I'm Not a Gold Bug -
You're a Dollar Bug!"

Lobo Tiggre

I love the late great Richard Russell’s response when people called him a gold bug: “I’m not a gold bug—you’re a dollar bug!” I was lucky enough to meet him and see this line delivered with grace and humor.

I’m reminded of it now because a very astute reader of mine just sent me a copy of a presentation on gold he recently delivered. His case was built on the systemic risks all investors in today’s financial world face, but few recognize. Read More

05.21.19- Bullion Banks Gearing-Up To Dump Gold One More Time
David Brady

With the banks gearing-up do dump gold one more time, David is bullish on gold in all time-frames except the short-term. Here’s why…

GOLD is looking increasingly bullish, and why shouldn’t it?

  • Gold in yuan terms has bounced off its 200-day moving average and is testing prior highs.
  • Bond yields and real rates are dumping to new lows.
  • Stocks are in crash mode, increasing expectations for rate cuts and QE
  • We have just broken downtrend resistance, a.k.a. the bull flag, at 1291 and are now seeing higher lows and higher highs. Read More

05.20.19- Is the Trade War a Catalyst for Gold?
Jordan Roy-Byrne

Although most of the precious metals sector has trended lower in recent months, Gold has held up well. It and the other, weaker components of precious metals got a boost on Monday when China retaliated with tariffs of its own. 

There has been little follow through since.

This begs the question, will a trade war lead to a new bull market in precious metals?

The short answer is yes if it leads to a downturn and Fed rate cuts. Read More

05.18.19- Why We Need Gold
Peter Grosskopf

It has been nearly a decade since I made a career change from investment dealer to asset management. Throughout that time, the asset management industry has continued to change dramatically, bringing many benefits to investors. These include overall fee compression, the ability to own almost every conceivable segment of the market through ETFs, some increased participation in "alternative" investment strategies, much-improved access to information and risk disclosure and the proliferation of fee-based accounts providing tailored investment advice. The markets have delivered strong overall returns globally and those who have not been fully invested have been punished as asset classes of all descriptions rose in tandem, fueled by reasonably strong economies and low-interest rates. Read More

05.17.19- Coming Economic Collapse
Guarantees Socialism

Egon von Greyerz 

How can a small clique of gold owners holding less than 0.5% of world financial assets be right? They are clearly a minuscule minority of obstinate goldbugs and contrarians who are living in the past. Or do these people see something that the majority of investors don’t?

More than 99.5% of world financial assets are invested in other things but gold. That makes gold one of the least desired asset classes on the planet. Most professional as well as private investors would never consider gold as part of their portfolio. Read More

05.16.19- Crazy Not! Much Higher Gold Prices
GE Christenson

Egon von Greyerz discussed “3 Dozen Reasons to Hold Gold” and mentioned price targets of $30,000 for gold and $3,000 for silver. Gold sells for $1,310 and silver sells in the mid-$15s. His numbers suggest that gold could increase by a factor of 20 and silver by nearly 200. For perspective, refer to the table below.

He shows the many reasons to own gold in the following “Time Bomb – Global Risk” graphic. Read More

05.15.19- Finally, Silver Prices May Have Bottomed, But What Happens Next?
David Lin

Silver may have finally hit a bottom as the metal trades near the lowest point in four years, this according to a report published by Sprott. 

“At ~$15, the silver price is close to levels not seen since 2015 and we see little downside risk at this level. Any future economic hiccups and market sell-offs are likely to encourage investors to look for safe havens and alternatives to traditional financial assets,” the report said. Read More

05.14.19- To Stack Or Not To Stack: What To Do When You Get To 1000 Ounces Of Silver & 5 Ounces Of Gold?
David Morgan

David Morgan answers your questions today, including this one about strategy. Not sure what to do next? Here’s David with some options…

I’ve Been Helping My Members weather the economic mess for over 20 years. Now I invite you to join my growing circle of successful investors and the 15,000-plus members we’ve helped scattered over the globe and over 100,000+ free newsletter subscribers have read our weekly e-newsletter. Read More

05.13.19- Precious Metals Are Setting Up For A Major Rally While The Broader Markets Are Primed For A Crash
Steve St Angelo

While many precious metals investors are concerned about the current low prices, I believe gold and silver are setting up for a major rally while the market is primed for a crash.  Why?  Because the broader market technical indicators versus the precious metal have been pushed to opposite extremes.  Thus, when one goes down, the other will rise.  And, we also must remember, gold and silver act as a FEAR TRADE when the conditions get ugly in the market. Read More

05.11.19- What Is A Bigger Alchemists’ Dream: MMT Or Transmutation Into Gold?
Arkadiusz Sieroń

Traditional alchemist always desired to turn lead into gold. The modern ones want to increase government spending without any limits. We invite you to read our today’s article about the Modern Monetary Theory and find out what is it and what would mean for the gold market, if implemented.

Great news for all who oppose the House of Lannister’s rule in King’s Landing – the final season of the Game of Thrones has eventually began, so the status quo in Westeros will be certainly challenged. Read More

05.10.18- Just Introduced Federal Legislation Would Require FULL AUDIT Of America’s Gold Reserves
Stefan Gleason

Washington, DC (May 8, 2019) – U.S. Representative Alex Mooney (R-WV) introduced legislation this week to provide for the first audit of United States gold reserves since the Eisenhower Administration.

The Gold Reserve Transparency Act (H.R. 2559) – backed by the Sound Money Defense League and government accountability advocates – directs the Comptroller of the United States to conduct a “full assay, inventory, and audit of all gold reserves, including any gold in ‘deep storage,’ of the United States at the place or places where such reserves are kept.” Read More

05.09.19- Moves In Gold And Silver Will Be
1970s On Stilts

Egon von Greyerz

My long standing target for gold of $10,000 in today’s money and much, much higher in inflationary terms, is now more probable than ever. But I hope it will never be achieved. When gold goes to $10,000, it won’t be under the same circumstances that we saw in the 1970s. Gold then went from $35 in 1971 to $850 in January 1980 – a 24x explosion in very different conditions. Read More

05.08.19- Opportunity knocks!
Bill Holter

We ran this article last week for subscribers and are releasing it for the public this week.  (We will then also re-run an article done last summer regarding junk silver.)  Currently an anomaly exists that only a couple years ago could not have been imagined.  10 years ago it would have been considered an impossibility!

Back in 2010, when gold traded around $1,000 per ounce, “numismatic” pre-1933 gold coins traded for huge premiums.  This happened because there was fear the Obama administration might go the route of FDR and confiscate bullion.  That did not happen, but we did get to see a precursor to what might be should (when?) confiscation become a reality. Read More

05.07.19- Gold An Important Portfolio Diversifier as Demand Increases by 7%
Birch Gold Group

This week, Your News to Know rounds up the latest news involving precious metals and the overall economy. Stories include: Global gold demand rises by 7%, bullish gold wave is coming, and central banks continue their sky-high gold purchases into the new year.

Global Gold Demand Rises By 7% in Q1 2019

In their analysis of market metrics for the first quarter of 2019, the World Gold Council took note of a 7% increase in global gold demand compared to the previous year, reports Kitco. Read More

05.06.19- What Knocked Me Off My Feet About Bart Chilton’s Last Interview
Ted Butler

The news that Bart Chilton, the former commissioner of the CFTC, suddenly passed away was truly sad but also shocking, so much so that some were given to fabricating conspiracy-type explanations. Chilton certainly had a larger than life persona and many came to appreciate his colorful pronouncements, enthusiasm and willingness to respond to just about everyone who contacted him – qualities quite rare in a regulator. I learned this first-hand very early on when I started communicating with Chilton shortly after he became commissioner in 2007, as I recounted not even a month ago in reaction to his last known interview, with Chris Marcus from Arcadia Economics – Read More

05.04.19- The Nature of Money
and our Monetary System

Johnny Silver Bear

As the editor of the Silver Bear Cafe, I try to focus on the ramifications of world events. I try to understand how what's going on now will affect your pocketbook next week, next month, next year. It is my sole intent to help you consider the possibilities which will, in turn, help you prepare for your financial future.

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

05.03.19- How Gold Could Stage
a 20% Rally This Year

Myra P. Saefong

Gold prices fell in April and have now given back their gains for the year, but they could still climb 20%in 2019.

Futures settled at $1,272 Thursday, leaving them down 0.7% on the year. They lost 1% in April, for their third consecutive monthly decline. The world’s largest gold-backed exchange-traded fund, SPDR Gold Shares (ticker: GLD), is down 1.1% this year.

“In 2019, capital has been flowing into stocks, U.S. Treasuries, and recently, the U.S. dollar,” says Taki Tsaklanos, founding author at financial analysis provider Investing Haven. After gold rose earlier this year, “investors bumped into gold’s bear market wall [of $1,375 an ounce]. This bear market wall proved to be too stubborn, so capital found its way to other defensive asset classes,” he adds. Read More

05.02.19- More Trouble in Mexico: Second Largest Silver Mine Suspended Operations
Steve St Angelo

In just a little more than a week after the mighty Newmont-Goldcorp merger was finalized, the company suspended operations of its largest gold-silver mine in Mexico.  The Penasquito Mine, which produced more than a 500,000 ounces of gold and 25 million ounces of silver in a single year, has been dealing with a blockade of its operations since March 27th.

The blockade was started due to issues with the local community in regards to water supply concerns and problems with a trucking contractor.  However, the protests by the local community over water rights have been going on ever since the Penasquito Mine started operations in 2010. Read More

05.01.19- Why US Dollar Strength is Long Term Catalyst for Gold
 Jordan Roy-Byrne

As we know, Gold and the US Dollar have an inverse relationship. Gold is priced in US Dollars and the drivers of each are similar (from an inverse point of view). Over long-term periods both trend in the same direction but the magnitude of the moves can vary and be quite different. 

The standard inverse relationship has not been a perfect one in recent months or years. 

In the chart below we plot Gold, gold stocks and the US Dollar. Read More

04.30.19- The Debt Time Bomb:
Amend, Extend And Pretend

Marin Katusa

“Hey Marin, we don’t invest in gold companies for yield. We invest in gold stocks as a hedge to the overall markets. And for leverage on the price of gold.”

What a bunch of nonsense.

Have you ever heard the phrase, “What a gold mine!”?

That common, age-old expression was actually a positive reference to having something very valuable. Notably, a gold mine that paid its owners very well by producing gold. Read More

04.29.19- China Holds the Gold
and Will Make the Rules

Egon von Greyerz

Gold is the ultimate insurance against a bankrupt financial system, a corrupt political system and a rotten monetary system. But official propaganda, combined with people’s greed, mean that virtually nobody understands the necessity of insuring against these risks. Also, investors are convinced that stocks always go up and therefore that the 147x growth in the Dow since the end of WWII will continue unabated. Few understand that exponential growth in stocks is totally dependent on an equally exponential expansion of money printing and credit, including share buybacks. Read More

04.27.19- Market Report: PMs steadier
after last week’s sell-off

Alasdair Macleod

From last Friday’s close gold recovered slightly after last week’s sell-off, gaining $7 at $1283 by early European trade this morning. Silver was up three cents at $15.04 over the same time period. Trading was generally light, being Easter week with many markets closed on Good Friday and Easter Monday. 

The lowest prices were seen on Tuesday, when silver sold off to $14.75, a level not seen since Christmas, and gold down to $1266.30. Volumes picked up noticeably on that day. Tuesday is also the day of the Commitment of Traders figures, so no doubt it will register as very oversold. We will know more this evening when the numbers are released after trading hours. Read More

04.26.19- Will Stephen Moore
Make Gold Great Again?

Arkadiusz Sieroń

Last month, Trump said that he considered Herman Cain and Stephen Moore as his picks to the Federal Reserve Board. As the former had withdrawn his name from consideration, the focus shifted to the latter. Who is Mr. Moore exactly and what would his nomination imply for the gold market?

Who Are You, Mr. Moore?

There are still two vacancies at the Board of Governors of the Federal Reserve Board of Governors. It’s possible that Stephen Moore will fill one gap, which has provoked great controversy. Read More

04.25.19- Fat tailed put option
and the ultimate call…!

Bill Holter

If one offered investors a fat tail put option that never decays or expires, costs about -1% pa to carry, has no counter party risk & no chance of ever becoming worthless, there would be a line out the door. But when one explains that this option is physical gold… no interest.–          S. Mikhailovich

The above quote has been atop www.jsmineset.com   for over 6 months now.  Recently, several readers have asked “what does it mean and why has the quote remained for so long”?  With financial markets bloated and ready to implode without notice, let’s look at this very important concept and then expand on it as you will see. Read More

04.24.19- Bankrupting Coffee Shops – Precious Metals Supply and Demand
Dr. Keith Weiner

Coffee, Milk and Gold 

Last week was holiday-shorted due to Good Friday (it’s not an official holiday in the US, but it is in the UK. And this week’s report is a day late due to Easter Monday). The price of gold dropped $15, but the price of silver rose ¢4. Perhaps silver traders got word that we are paying interest on silver, which gives people a reason to hold silver? J

The discussion in the opening essay [which can be found here, ed.] is germane to the topic of the gold price. It should be clear that—whatever its virtues—gold will not protect you from the second cause of rising prices (i.e., regulation that destroys productive businesses, and thus supply of goods, and hence causes prices to rise). The price of gold does not go up just because the city bankrupts another coffee shop. Read More

04.23.19- Manipulation of Gold Price Is As Evil As WWII Expropriation
Chris Powell

View Video

04.22.19- 95% Stock Market Loss
and a Can Too Big to Kick

Egon von Greyerz

Will the average stock portfolio gain 1,900% to make up for the coming 95% fall? This is the unenviable task that investors will be facing in years to come.
Six weeks ago I wrote about Alfred, a 74 year old man who during his life made a $14 million fortune in stocks by always being invested in the Dow. Alfred never analysed the US or the world economy. Nor did he analyse a single stock. Always being in the market was his secret. Read More

04.20.19- Why Gold Could Rise
For The Next 10 Years

Bert Dohmen

Contrary to popular opinion, gold and silver are not hedges against a crisis. In fact, a crisis may cause all salable assets, including precious metals, to be sold in order to get cash.

At Dohmen Capital Research, we believe a good recent example is the 2008 global crisis. Gold plunged 31% as credit tightened, the crisis accelerated and a rush to cash from all assets commenced.

That was painful for bulls who didn’t know that a credit crisis causes all assets to plunge. But it also created a great buying opportunity at the bottom. Here is the chart of the gold ETF during that time: Read More

04.19.19- Gold Still To React To U.S. Dollar Weakness, Watch For A Move Higher 
Anna Golubova

Gold prices are likely to see a move up next week as the yellow metal recovers following Thursday’s big drop, according to analysts.

The precious metal’s prices dropped 0.32% this week, with the biggest losses seen on Thursday, when the metal fell 1.5%. June Comex gold futures were last trading at $1,296, up 0.21% on the day.

The good news in all of this has been gold finding its footing, with prices expected to rebound slightly next week amid lower trading value due to a series of public holidays around the world for Easter. Read More

04.18.19- World’s Largest Primary Silver Miner Production Plunges
Steve St Angelo

Silver production at the world’s largest producer fell significantly in the first quarter of the year.  Fresnillo PLC reported a decrease in silver production in Q1 2019 versus the same period last year, due to lower ore grades and reduced volumes of processed ore at its Fresnillo Mine.

Furthermore, while silver production fell the most at its Fresnillo Mine, the company also experienced declines at its Saucito and San Julian Mines. Total silver production at Fresnillo PLC dropped by 15% in the first quarter compared to the same quarter in 2018. Read More

04.17.19- Dollar Dominance Under Multiple, Converging Threats
Jim Rickards

For years, currency analysts have looked for signs of an international monetary “reset” that would diminish the dollar’s role as the leading reserve currency and replace it with a substitute agreed upon at some Bretton Woods-style monetary conference.

That push has been accelerated by Washington’s use of the dollar as a weapon of financial warfare, including the application of sanctions. The U.S. uses the dollar to reward friends and punish enemies. Read More

04.16.19- Time to Become a Hindu
Jeff Thomas

For centuries, East Indians have regarded gold as the primary source of wealth. All Indians own gold if they can afford to. They keep it as close as possible, sometimes in coin form, but often as jewellery, since “wearing wealth” means that it can be kept very close. They’re often especially reluctant to trust banks to hold their gold.

Hindus make up 80% of India’s population and, to Hindus, gold is sacred. Lakshmi (pictured above) is the Hindu goddess of purity, prosperity and good fortune. Her symbol is gold, so gold plays an important part in Hindu ceremonial occasions and Hindus donate large amounts of gold to the temples in Lakshmi’s name. Read More

04.15.19- Cartel Desperate To Keep Gold & Silver Prices Down Right Up Until The Collapse
Paul “Half Dollar” Eberhart

The cartel is lashing-out in sheer desperation, and gold & silver are the targets, but the lashing is not likely to last long. Here’s why…

Editor’s Note: This post is subjective opinion and possibly offensive. Do not continue reading if easily offended. Read More

04.13.19- Silver Shortages are Here and Gold Scarcity is Coming
Egon von Greyerz

MMT is the socialists’ dream. It officially stands for Modern Monetary Theory but a more appropriate name would be More Money Theory. Because MMT is just a fancy name to justify more money printing, more deficits and more debts. Socialists love MMT, because for a sovereign nation, it justifies constantly living above your means.

This is of course nothing new for the US which has practised MMT for soon 70 years. Not since the early 1960s has the US had a real budget surplus. Europe has had socialist governments for decades, but for the US it is a relatively new phenomenon. Alexandria Ocasio-Cortez (AOC) has now picked up the baton from Krugman, arguing that socialism and deficit spending is the solution to the US problems. Read More

04.12.19- Golden Straws In The Wind
Alasdair Macleod

Life in the world of gold bullion is full of mysteries. Each mystery is like a straw in the wind, which individually means little, but tempting us to speculate there’s a greater meaning behind it all. Yes, there is a far greater game in play, taking Kipling’s aphorism to a higher level.

One of those straws is Russia’s continuing accumulation of gold reserves. Financial pundits tell us that this is to avoid being beholden to the US dollar, and undoubtedly there is truth in it. But why gold? Here, the pundits are silent. There is an answer, and that is Russia understands in principal the virtues of sound money relative to possession of another country’s paper promises. Hence, they sell dollars and buy gold. Read More

04.11.19- Sound Money From a Biblical Perspective
Claudio Grass

 

"It is the mark of an educated mind to be able to entertain an idea without accepting it."
- Aristotle

In today’s world, it is obvious that the competition of ideas is under serious threat and with it, the much-needed discussions on how to deal with certain topics or try to understand the world we live in. That is particularly worrying, especially when one considers that the western world went through the process of Enlightenment roughly 200 years ago. In the words of Immanuel Kant: Read More

04.10.19- If Evidence Of Gold & Silver Manipulation Isn’t Enough For Charges, Maybe Govt Is The Perp?
Chris Powell

Perhaps the underlying manipulator of gold & silver hasn’t been JP Morgan, but perhaps it has been the US government itself? Here’s why…

Dear Friend of GATA and Gold:

In commentary posted SilverSeek, silver market analyst Ted Butler reports confirmation from former Commodity Futures Trading Commission member Bart Chilton that JPMorganChase assumed from the collapsing investment bank Bear Stearns a massive short position in silver and has been allowed to manipulate the silver market for years right to the present day. Read More

04.09.19- "Maintain Stable Prices" - Who are the Central Banks Kidding?
Egon von Greyerz

One of the Fed’s three main objectives is to maintain stable prices. But they have never achieved that at least not since 1971. Again, the Fed did a volte face because they have a total inability to read the economy. The clueless Fed overslept and realised a few years too late that the US economy was overheating. So at the time when the economy was turning down, the Fed started to increase rates and implement QT (quantitative tightening). But now they are panicking and reversing policy again. I discussed the incompetence of the Fed last week.

Below is the Fed’s Incompetence Chart. Some people would use a sophisticated description like an inverted yield curve when the rate goes negative. But that doesn’t tell the real story. Read More

04.08.19- CFTC Deep State Insider exposes the Precious Metals Manipulation … Game On!
J. Johnson

The manipulated price of Gold is now trading at $1,291.50, down $2.80 with the low right here at $1,285.90 and the high to beat at $1,297.80. The manipulated price in Silver is now at $15.085, up 1/10th of a penny with the low right here at $15.065 with its high at $15.175. The US Dollar is also as flat as the precious metals with its trade at 96.92, down ½ of a 100th doing the exact opposite of the real money sector and is closer to the high at 96.94 than the low at 96.81. All this of course was done way before 5 am pst and before the Comex Open. Venezuela’s currency situation now has Gold priced at 12,898.86 Bolivar losing 23.97 overnight with Silver pegged at 150.661 Bolivar gaining .749. After yesterday’s EXPLOSIVE Ted Butler article and the facts he presented, it is our opinion these price swings in the emerging market currencies, are about to happen in the primary currencies (imo) because of the CFTC’s past hidden transgressions against the price of Silver and Gold. Read More

04.06.19- Weekend Rant: Confirmation,
Outrage and Disgust

Ted Butler

A recent interview with former CFTC Commissioner Bart Chilton nearly knocked me off my feet because it confirmed what I have alleged, starting more than 12 years ago. I’ll include the interview later, but first I will set the background of the subject and timeline in order put Chilton’s words into the proper perspective. The subject is JPMorgan’s manipulation of the silver market. The timeline is important because Chilton does misstate some facts that need to be corrected. I’m not a big fan of articles that include lots of links to past articles, but in this case it’s unavoidable. Read More

04.05.19- Silver Bullion Set to Soar
to $50 an Ounce

Mark O'Byrne

- Silver bullion is the most undervalued precious metal, commodity and asset today

- Silver very rarely covered in the media and thus the fundamentals are not understood

- Supply demand fundamentals are very positive indeed as seen in recent report from Capital Economics

- While industrial demand may weaken, investment and safe haven demand will surge in the next crisis
Read More

04.04.19- Will Basel III Send Gold to the Moon?
Monetary Metals

A number of commentators have predicted that the rules of the Basel III bank regulations will cause gold to skyrocket (no, this article is not about our view that gold does not go up, that it’s the dollar going down, that the lighthouse does not go up, it’s the sinking ship going down in the storm).

Will it? It would be easy to say—as with all of their other predictions of gold to infinity and beyond—“wait and see.” But where’s the fun in that? We’d rather look into the nature of the claim, how banks operate, and what the regulation actually says. Read More

04.03.19- Commerzbank Sees $1,400 Gold, $16.50 Silver By Year-End
Allen Sykora

Commerzbank looks for gold to climb as high as $1,400 an ounce and silver to $16.50 before the end of 2019.

Gold started the year strongly, nearly reaching $1,350 an ounce last month, helped by a U.S. Federal Reserve that made a dovish U-turn and now appears cautious about hiking interest rates again. However, the metal subsequently gave up much of its gains and was trading at $1,303.60 as of 8:20 a.m. EDT. Silver, which has followed gold up and back down, was at $15.35. Read More

04.02.19- ADL Predictions for the Price of Gold
Chris Vermeulen

As we’ve been suggesting for months, expect continued moderate price weakness in Gold and Silver through most of April 2019 and possibly into early May 2019 before a strong price rally will setup and push Gold prices well above $1500 before the end of 2019.  Our Adaptive Dynamic Learning predictive price modeling system has been calling for this move for many months (see the chart below).  This advanced predictive price modeling system is suggesting that in May/June of 2019, we will likely see a bigger price rally unfold in Gold and Silver which may be paired with some type of geopolitical or global economic event.  See this article for more details. Read More

04.01.19- A Primer On How To Buy And Store
Gold & Silver

Adam Taggart

Most people aren't aware of the full range of options

I'm always surprised by how few people understand the options for buying precious metals. Even the very affluent.

I recently returned from a conference full of highly-qualified investors who "get" the economic risks we discuss here at PeakProsperity.com. And on multiple occasions, I was asked if I could demystify the purchasing process for folks who wanted to build a position in gold and silver. Read More

03.30.19- FORECAST: $1400 Gold in 2019
David Morgan

Silver expert David Morgan tells Silver Doctors he expects $1400 gold in 2019. Above that level, there’s not much resistance until $1600…

Morgan says we’re seeing stagflation. While the global economy is shrinking, prices continue to rise.

The yield curve has inverted regarding the 3 Month and 10 Year Treasuries. This signals a recession, Morgan says. Read More

03.29.19- Yield Curve Has Inverted.
Will Gold Price Rally Now?

Arkadiusz Sieroń

The yield curve followed suit of the Fed and also inverted. Inverted yield curve is a sign of an incoming recession, they say. However, what is the background of this yield inversion and how will gold react to its emerging story?

Red alert! Or, actually, a yield alert! After months of worries, the yield curve has finally inverted. Well, maybe not the whole yield curve, but one of its segment. As one can see in the chart below, the spread between US 10-year Treasury and 3-Month Treasury dived on Friday to its lowest since 2007. Read More

03.28.19- The Biggest Short And
The Spectacular Long

Egon von Greyerz

The astonishing Fed again proved the consistency of its inconsistency.

Since its creation in 1913, and especially after WWII, the Fed has always been behind the curve. It is hard to believe that this is just incompetence. The recent change of policy hardly seems to be part of a plan but rather another reaction to events. Looking back at the Fed’s policy decisions, it is clear that virtually all are reactive rather than proactive. Read More

03.27.19- Crescat Capital Analyst Says Firm is Buying Gold and Selling Stocks
Birch Gold Group

This week, Your News to Know rounds up the latest news involving gold and the overall economy. Stories include: Financial firm urges investors to buy gold and sell stocks, the only place for silver prices to go is up, and gold glimmers as global negative-yielding debt surges.

Buying Gold and Selling Stocks is the Trade of the Century

Crescat Capital ranks as one of the best-performing funds of 2018, boasting a return of as much as 41% through one of its arms over the course of the year. The firm is no stranger to equities and has frequently and prominently included them as part of their strategy. Read More

03.26.19- Only Gold Stands Against
the Final Catastrophe

Egon von Greyerz

Have the Ides of March been delayed in 2019? Normally the Ides of March just means the date March 15th. Shakespeare made the expression ominous as it was the day that Julius Caesar was murdered. Today in 2019, the 29th of March seems more significant than the 15th. Because on the 29th, we first have the conclusion of Brexit. Or maybe we don’t! Brexit has been a tortuous process that after 3 years has got nowhere. All it has done is to reveal the EU elite’s megalomania as well as their intransigence. It has also revealed the complete incompetence of the UK government as well as Mrs May’s total indecisiveness and her inability to distinguish between activity and achievement.Read More

03.25.19- The Hidden Profit Inside Silver Eagles
Jeff Clark

Most precious metals investors expect to reap a profit on their gold and silver as a result of higher spot prices. 

But what if I told you that when selling certain types of coins, you could gain another layer of profit when you sell? A little leverage on the spot price when it rises.

It’s entirely possible. Here’s how… Read More

03.23.19- On The Hot Seat... 
Jim Cook Interviews Ted Butler

Jim Cook

Jim Cook: A minor analyst recently remarked that he didn’t believe any of the claims you make about market manipulation and called it conspiratorial stuff. What do you say about that?

Ted Butler:That’s the main reason my arguments have never caught on in a big way. Nobody wants to be associated with a conspiracy. However, I draw my conclusion from government data like the Commitment of Traders report and the Bank Participation report. There’s nothing conspiratorial about the data and my conclusions are factual. Read More

03.22.19- Gold - Preparing For The Next Move
Alasdair Macleod

The global economic outlook is deteriorating. Government borrowing in the deficit countries will therefore escalate. US Treasury TIC data confirms foreigners have already begun to liquidate dollar assets, adding to the US Government’s future funding difficulties. The next wave of monetary inflation, required to fund budget deficits and keep banks solvent, will not prevent financial assets suffering a severe bear market, because the scale of monetary dilution will be so large that the purchasing power of the dollar and other currencies will be undermined. Failing fiat currencies suggest the dollar-based financial order is coming to an end. But with few exceptions, investors own nothing but fiat-currency dependent investments. The only portfolio protection from these potential dangers is to embrace sound money - gold. Read More

03.21.19- IT’S OFFICIAL; U.S. Silver Production The Lowest In More Than 70 Years
Steve St Angelo

With the latest release by the USGS, silver production in the U.S. is now the lowest in more than 70 years.  We have to go all the way back until the year after World War II ended to see U.S. silver production less than it was in 2018.  While many reasons can be attributed to the decline, the main factors are falling ore grades and mine economics.

Unfortunately, there just aren’t too many economic silver deposits in the United States, especially with the high level of environmental and governmental regulations. Read More

03.20.19- The Road Ahead for the Dollar
Hugo Salinas Price

The original silver dollar, created at the birth of the United States, was based upon the silver Spanish “Pieces of Eight” minted at the Royal Mint in Mexico City, under Spanish rule at that time. This was a very widely used coin throughout the world. Because in its early years the US had no mint, the first US silver dollars were minted in Mexico, for the Revolutionary Government of the US. The US silver dollar contained .774 ounce of pure silver. Read More

03.19.19- Palladium Panic-Bid To Record Highs As Putin Corners Market

Palladium soared to a new record high over $1600 an ounce overnight, up 27% year-to-date, as global supply concerns dominate slumping-auto-demand fears.

Even as auto sales in key markets slow around the world, Bloomberg reports that demand for the metal - mainly used in auto catalytic-converters in gasoline vehicles - has remained robust as manufacturers scramble to get hold of palladium to meet more stringent emissions controls, particularly in China.

Palladium has become the precious-est of precious metals. Read More

03.18.19- Jay Taylor: Under “Basel III” Rules,
Gold Becomes Money!

In 2018, central banks added nearly 23 million ounces of gold, up 74% from 2017. This is the highest annual purchase rate increase since 1971, and the second-highest rate in history. Russia was the biggest buyer.

And not surprisingly, the lion’s share of gold is flowing into central banks of countries that are in the sights of America’s killing machine—the Military Industrial Complex that Eisenhower warned us about in 1958. Read More

03.16.19- Bob Moriarty: Invest When You’re Terrified, Sell When You’re Pleased
Energy & Gold

In Energy & Gold’s latest conversation with 321gold founder Bob Moriarty we traverse a wide variety of topics ranging from a half dozen of Bob’s favorite stocks right now to the outlook for copper and a potential return to the gold standard. Bob even manages to drop a few investing adages that i’ve never heard before including the one in the title of this interview. Without further ado here is Energy & Gold’s March 2019 conversation with Bob Moriarty… Read More

03.15.19- What Will You Be Holding When The Dollar Dies?
Louis Cammesoano

View Video

03.14.19- 3 Things That Don’t Affect Price of Gold
Jordan Roy-Byrne

It’s important to understand Gold’s fundamentals as it will help us confirm a new bull market.

To this point, Gold’s rallies have failed to make higher highs and higher lows because, although there has been improvement in fundamentals, the fundamentals have not turned bullish yet.

The technical trigger will be Gold and gold stock outperformance of the stock market which will likely precede the fundamental catalyst of Fed rate cuts. The start of rate cuts will indicate declining real interest rates which is the key driver of bull markets in Gold. Read More

03.13.19- Precious Metals Analyst Says Gold’s Recent Dip Only Temporary
Birch Gold Group

Gold’s Dip Below $1,300 is Temporary

In a recent Seeking Alpha post, Metal Bulletin precious metals analyst Boris Mikanikrezai advised Americans not to look too deep into gold’s recent dip below $1,300. As Mikanikrezai explained, gold has too many strong upwards drivers to falter, and a pullback will merely act as a temporary consequence of selling pressure, says Kitco. Read More

03.12.19- Predictions for gold from a legendary natural resource investor
Simon Black

Here’s when you know that you’ve made it into popular culture…

It’s when you get credit for a great quote, but no one really knows who said it first.

If there’s any doubt, people’s go-to list is usually either Albert Einstein, Mark Twain or the former New York Yankees catcher, Yogi Berra.

For example, there’s the quote, “predictions are hard, especially about the future,” which is often attributed to Berra. And “compound interest is the eighth wonder of the world,” attributed to Einstein. For Twain, pick a random quote, and people may give him the credit. Read More

03.11.19- Are You Ready for the
Next Big Move in Gold?

Chris Vermeulen

If you were following our research, you would have known that Gold had reached a short-term peak in February. On Feb 19th the day gold posted a huge gain for the day and everyone was bullish and feeling like million bucks I did a radio show with HoweStreet’s Jim Goddard and said that strong day and overly positive sentiment was the going to be the top.

We had been advising our members that Gold would likely retrace below $1300 possibly beeper by and mid-April.  Our advanced Adaptive Learning price modeling systems had warned us that Gold would likely setup a price rotation before the next move higher back in January 2019.  This is what you need to know about the next 4+ weeks in Gold. Read More

03.09.19- Gold Could Reach $1,480 by 2020
Birch Gold Group

This week, Your News to Know rounds up the latest news involving precious metals and the overall economy. Stories include: Gold’s technicals will bring the metal to $1,480 in 2020, why gold is still on long-term track to reach $2,000 an ounce, and Uzbekistan’s central bank aiming for 430-ton gold stockpile within a few years.

Gold’s Technicals Will Bring the Metal to $1,480 in 2020

After a stellar run that saw gold all but erase its losses from the previous year, both new and old entries to the market have been left wondering: what’s next in store for the metal? Read More

03.08.19- Gold To Soar As Central Banks Try To Play God Again
David Brady

My principal thesis for “the low” in Gold has been a Fed policy reversal to interest rate cuts and QE, causing the dollar to tank and Gold (and everything else) to soar. Nothing has changed in that regard.

What has changed is that the central banks are already turning the monetary spigots back on—all but the Fed. This morning the ECB announced new stimulus measures just two months after they supposedly tapered their QE program to zero. Think about that. They turned off the monetary spigots for a proverbial five minutes, German and EU economic data continue down the sinkhole along with inflation, and the ECB does a 180 back to QE and likely NIRP too (both of which clearly don’t work, but what else can they do?). This is the definition of a “Ponzi scheme”. Without increasing cash inflows, it collapses. That is the EU and global markets today. Read More

03.07.19- Gold And Silver Take The Stairs Higher And Elevator Lower- PGM’s Shine
Andy Hecht

Higher interest rates and a stronger dollar tend to be a potent bearish cocktail for gold and silver prices. On Friday, March 1, the most widely traded precious metals markets received another reminder of how they love to take the stairs higher and an elevator to the downside during price corrections.

Gold and silver had been taking the stairs higher

The price of gold had been moving to the upside since mid-August when the yellow metal traded to a low at $116140. The most recent peak came on February 20, when gold reached $1344 per ounce on the continuous futures contract. The rally over six months took the price 15.7% higher, an impressive gain considering the decline last summer. Read More

03.06.19- Should we be investing in gold in 2019?
Jeffrey A. Tucker

Diamonds may have the edge when it comes to a girl’s best friend but as the world becomes more volatile year by year, investing in the yellow metal is de rigueur and a prudent strategy in a balanced portfolio.

They say 10% of your wealth should be in precious metals… wonder will this apply to the Euromillions 6 and their €30 million each? John Lowe the Money Doctor gives the background. Read More

03.05.19- The Gold-Gambling Casino
Hugo Salinas Price

The world used gold coins as money up until the first years of 1900.

Since that time, the world's use of gold as money has ceased, and as of today, gold's only function is as a means of saving wealth for future use.

Today, the market for gold consists of two groups of individuals or economic entities: a) those who wish to acquire gold for the purpose of saving some wealth for future use, and b) those who hope to realize a profit in terms of paper money, by speculating in the gold market.  Read More

03.04.19- Platinum vs. Palladium – What you need to know about the demand and price analysis
Chris Vermeulen

The continued rally in Palladium has prompted speculation that Platinum, Gold, and Silver will follow this trend upwards with renewed buying pressure. The one thing that many people are not considering is that Palladium is an industrial use component for many manufacturing sectors – specifically the automotive sector. As traders, we must understand that a rise in global demand for autos will increase the global demand for Palladium goes beyond traditional safe-haven demands for other metals like Platinum, Gold, and Silver.  Read More

03.02.19- How Smart Investors Will Profit From Rising Gold Prices
E.B. Tucker

Editor’s Note: As regular readers know, Bill thinks gold is likely headed higher. But, our editor doesn’t give out investment advice… he just connects the dots.

That’s why, for today’s guest essay, we’re featuring E.B. Tucker. As a board member of a gold royalty company, he knows a thing or two about owning and investing in gold. Below, E.B. explains why money is about to flow back into this sector… and shows there’s a better way to play the trend than just owning physical gold…

Regular Diary readers will remember I wrote to you on Wednesday. I told you why I thought gold was headed to $1,500 this year. It’s currently trading at $1,330. Read More

03.01.19- Gold Price Forecast: A Warning Signal From The Far East
Christopher Aaron

The gold price has been strong recently, having risen over $180 from the August 2018 low of $1,167 to the peak above $1,347 as of last week.

There have been solid fundamental reasons for gold’s run: primarily, the Federal Reserve last month hinted that it may not continue raising interest rates, as it had been assuring it would over the past three years. Such in turn has been considered a sign that the Fed may in fact reverse course and begin cutting rates later this year, which is generally considered negative for the value of the dollar and positive for precious metals.

However, are these fundamentals enough to keep bullion’s run alive? Will this market narrative continue going forward? Read More

02.28.19- Bullish Sentiment Won’t Prevent a Breakout in Gold
Jordan Roy-Byrne

Back in 2013 I recall having a bearish view on the stock market due to extremely bullish sentiment readings. The market completely ignored that, made a major breakout through 13 year resistance and continued running for years. 

Lesson learned. 

Turning to Gold, we find something similar during major breakouts in 2005, 2007 and 2009. In the chart below we plot Gold along with its net speculative position (as a percentage of open interest) and the widely followed daily sentiment index. Read More

02.27.19- U.S. Mint Sells Out Of 2018-2019 American Eagle Silver Coins
Birch Gold

This week, Your News to Know rounds up the latest news involving precious metals and the overall economy. Stories include: U.S. Mint sells out of American Eagle Coins, there is good cause to be optimistic about gold, and gold will test 2016 highs next.

Last week, the U.S. Mint announced that it sold the last of its 2018-2019 batch of American Eagle Silver coins. According to Kitco, the U.S. Mint stated on Thursday that the series included 6 million units of one-ounce coins. In the announcement, the Mint blamed the shortage on market fluctuations and reassured investors that production of new coins is underway. Read More

92.25.19- Mr. Butler's Silver Newsletter
James Cook

Silver analyst Theodore Butler writes a twice weekly newsletter on precious metals. Only a few people get to read this important newsletter. I’ve been talking to Ted about releasing one full issue for people to read. It’s important for investors to see the scope of his analysis. Mr. Butler has been a paid consultant to my company Investment Rarities for almost 20 years. I can vouch for his absolute integrity and his cautious approach in analyzing silver and gold. He relies on evidence and facts in arriving on his conclusions. He analyzes every known fact about silver and his knowledge of the silver market is unsurpassed. It’s no exaggeration to call him a silver genius. He has agreed to release the following current newsletter which gives insight into the thoroughness of his approach. Read More

02.25.19- The return to a gold exchange standard
Alasdair Macleod

This article makes the obvious point that a return to a gold standard is the only way nations can contain the interest cost of servicing debt, given the alternative is inflationist policies that can only lead to far higher interest rates and currency destruction. The topic is timely, given the self-harm of American economic and geopolitical policies, which are already leading America into a cyclical slump. Meanwhile, American fears of Asian domination of global economic, monetary and political outcomes have come true. The upcoming credit crisis is likely to kill off the welfare state model in the West by destroying their unbacked paper currencies, while China, Russia and their Asian allies have the means to prosper. Read More

02.23.19- Gold – here’s why it just might be different this time
Dominic Frisby

Gold has been quietly (by its standards) creeping up.

Our summer trade idea to buy with the aim of offloading in the winter for a 10%-20% gain has hit the target. As I write it stands at $1,344 an ounce.

But now the bulls are coming out of the woodwork.

Is it time to offload? Is this another false dawn or has this run got legs? These are the questions we ask in today’s Money Morning. Read More

02.22.19- Breaking: US Mint Sold Out of
2019 Silver Eagle Coins!

Neils Christensen

The silver market is seeing a turn in fortunes as demand for physical bullion picks up, with the U.S. Mint selling out of 2018 and 2019 American Eagle silver coins.

The mint issued a statement late Thursday saying they had run out of last year’s and this year’s dated one-ounce coins. “Market fluctuations have resulted in a temporary sellout of 2018 and 2019 silver bullion. Production at the Mint’s West Point facility continues and when sales resume, silver bullion will be offered under allocation,” the mint said. Read More

02.21.19- The Coming Restoration of Silver
Hubert Moolman

The way I see it, silver has basically two major categories of use. The first and most important use is as a monetary asset. It is only when used as a monetary asset that it could realize its true (or fair) value.

Currently, it is probably as far away (not time wise though) from being used as a monetary asset, as it has ever been. It is for this reason that silver is so under valued and such a must-buy. Read More

02.20.19- Gold Price Forecast: Will Gold Breakout Above $1360?
Wolf Richter

Here's a quick follow-up to my recent analysis Gold Forecast: Gold Prices Likely To Test $1360 In February.

Gold is once again at a critical juncture just like last April. Will it tuck tail and run or finally breakout? I think we will know within the next few trading days. Below is our afternoon update for GDX.

Precious Metal Investors have been beaten down trying to trade these markets over the last 3-5 years. Are investors expecting a breakout? I bet there are fewer bulls now than during last April's breakout attempt. If the masses aren't expecting it - then, a breakout is possible. Read More

02.19.10- Gold Could Regain Status as a True Global Currency
Birch Gold Group

This week, Your News to Know rounds up the latest news involving precious metals and the overall economy. Stories include: Gold is the next global currency of choice, a new catalyst will drive silver prices higher in 2019, and Russia considers abandoning gold taxes to boost investment in the metal.

With a wobbly stock market, falling Treasury yields and rampant geopolitical strife, the focus on gold has been intense as of late. The metal’s price gains reflect this, as gold recently proved able to hold above a key resistance level, which holds bullish implications. Read More

02.18.19- Reason #437 to own gold: The Fed wants Negative Interest Rates
Simon Black

And just like that, it seems we’re headed back to quantitative easing…

After cutting interest rates to nearly zero following the 2008 crisis, the Federal Reserve starting raising rates near the end of 2015 (from 0.25% to 2.5% today).

Following the most recent hike in December 2018, Chairman Powell seemed hell bent on further tightening, saying “some further gradual increases” were in the cards. Read More

02.16.19- David Morgan Explains Low Silver Price
Chris Marcus

At this year’s Anarchapulco conference, David Morgan, one of the world’s leading experts on the silver market was asked why he thinks the price of silver is as low as it is. And simply put, his answer confirmed what is becoming rapidly more well known within (and outside of) the precious metals community.

In short, his answer was that the banks currently have the ability to make silver just about any price they want. Because the price-setting mechanism is traded in paper, rather than physical metal. Which is rather stunning and amazing in its own right, yet still simple enough to understand, and worth exploring further. Read More

02.15.19- How to Prevent the Government From Having Control Over Your Financial Life
E.B. Tucker

“I know the cops are there.”

The receptionist looked around. She didn’t know what the man on the phone was talking about.

There were no cops in the lobby. Just a delivery man standing in front of her desk, trying to drop off a package.

But the man on the phone was right. The cops were there. Three dozen of them, watching every exit in the building… plus an undercover FBI agent posing as the delivery man. He was carrying a package of 1,000 gold coins... worth $1.5 million. Read More

02.14.19- The Next Goals for Gold and Silver Prices
Craig Hemke

With our initial price goals for 2019 having been achieved, COMEX gold and silver are now in their first pullback phase of the year. How long will it last and what are the next upside price targets?

If you’ve been following along every week, then you’ll recall that we were quite adamant regarding a year-end 2018 and Q1 2019 price rally for both gold and silver. From the November lows, we projected a rally in COMEX gold to $1310-1330 and a rally in COMEX silver to $16.35. Both peaked on January 31, with COMEX gold hitting $1331 and COMEX silver reaching $16.20. If you’d like a refresher of what was projected, please see these links: Read More

02.13.19- Gold’s Surge Has Been Disguised
by the Strong Dollar

Evie Liu

Gold seems to be out of favor, but that’s only compared to the U.S. dollar. 

Over the past two decades, the commodity has actually seen a widespread, strong, and sustained value appreciation around the globe against 72 currencies, according to Ross Norman, CEO of London-based bullion broker Sharps Pixley. That basket of currencies includes developed countries such as Canada, Australia, and Japan, as well as emerging markets including Brazil, India, and Iran. “Using the dollar gold price, as most of us do, has disguised what is actually quite a powerful bull market,” Norman wrote in a note last week.  Read More

02.12.19- Shiny happy reserves
Swaha Pattanaik


Gold bugs aren’t always rational. That’s not the case for central banks, whose purchases of the yellow metal last year were the highest since the United States broke the link between gold and the dollar in 1971. It’s less a short-term gamble that prices of the precious commodity will rise, and more a concern that dollar dominance could gradually be eroded over time.

Central banks bought 651.5 tonnes of gold in 2018, the second highest on record and up 74 percent from the year earlier, according to the World Gold Council. As in the past three years, Russia, Kazakhstan, and Turkey were significant buyers, but were last year joined by the likes of Poland, Hungary and India. Read More

02.11.19- Secret Kept from Public: We’ve a Modern Day Gold Rush Going On Right Now!
Wolf Richter

Who’s buying the gold? Why? When this secret gets out, EVERYTHING CHANGES! They don’t want us to know, but YOU CAN FIND OUT about it right here. There are big things happening in the world of gold investing, and all investors, whether they are invested in gold and silver or not, need to take note.

As we take the time to either add to our positions, or as we think about starting a position during this latest pullback in gold & silver prices, it may be helpful to put some things into a fundamental perspective.  Read More

02.09.19- The Next Gold Move Is Here
E. B. Tucker

View Video

02.08.19- Gold is back in fashion
Marina Gerner

Gold is set to shine in 2019

Last year was not a happy one for investors in base metals. The GSCI Industrial Metals index slipped by around 15% from its year-high in June, and the gauge lost another 7% from mid-December to January.

It may have bounced since, but don’t expect a sustained revival, says Capital Economics. Base metals prices are likely to weaken as the Chinese economy keeps slowing. The gold price rebound, however – the yellow metal is now above $1,300 for the first time since last summer – does look sustainable. Read More

02.07.19- A Bull Market To Eclipse All Bull Markets: When Gold Takes-Out $1400 It Probably Won’t Look Back
Clive Maund

Not only will gold spike higher, but there will be little opportunity to buy gold on dips or pullbacks (spoiler alert: because there may not be any)…

The Fed didn’t just fold on Wednesday, it crumpled, capitulated. A long time ago we had figured out that when push came to shove, this is what it would do. However, we thought that it would take a market crash to force it to change course, in order that it could use that as solid justification for a U-turn, instead of which it only took a crashlet, or the start of a crash. Read More

02.06.19- A Move Higher Than This Price Will Confirm The Gold Bull Market
Hubert Moolman

Economic conditions are ideal for higher prices, and this is what we’ll likely get over the next couple of years, so let’s watch this level for confirmation…

This Will Confirm The Gold Bull Market

Gold is moving closer to confirming a multi-year bull market per my long-term comparison. A decisive mover higher than the $1375 area would be confirmation of the bull.

Below, is the updated long-term comparison: Read More

02.05.19- Silver Forecast: Shortage To Send Silver Prices Soaring Above $20 In 2019
Jason Hamlin

Silver peaked just shy of $50 during April of 2011. The price has been correcting ever since, falling below $14 per ounce in 2016 and again late last year. But there is a silver lining to such a deep and protracted price correction.

With silver prices under $20 per ounce for so long, a significant number of mines are unable turn a profit. And even the ones that can, are not generating enough cash flow for the mining companies to spend significantly on mine expansion or exploration drilling. Silver is often mined as a by-product of other metals, but prices have been down across most precious and base metals over the past 7 years. Read More

02.04.19- Why China Is Buying Gold Miners… And Why You Should Too
Dave Forest 

“Don’t do it,” he said. “Come and see me first.”

I regarded the man for a moment. His business card was written in Sino script, but it turned out he was an American who had set up shop in Hong Kong several years ago… And was now riding a tidal wave of money.

I’d come to Hong Kong’s central business district for meetings on my new Brazil gold project.

This was my fourth sit-down of the morning, and the ultra-high grades from my mine had caught this mysterious man’s eye.

I knew my numbers were real. But I wasn’t sure about his.  Read More

02.02.19- Silver Outperforming Gold
Adam Hamilton

Silver recently started outperforming gold again, a watershed event.  For long years this white metal has mostly lagged the yellow one, relentlessly battering silver sentiment.  But gold surging into year-end 2018 finally sparked some life into moribund silver.  This is a bullish sign, as silver has soared in the past once rising prices reach critical mass in attracting new investment capital.  Silver looks to be nearing that point again.

Despite a good finish, 2018 was a rough year for silver.  Its price slumped 8.6%, way worse than gold’s -1.6% performance.  And that still masks miserable intra-year action.  At worst in mid-November, silver had plunged 17.3% year-to-date.  That was 2.2x gold’s comparable loss, and at $13.99 silver languished at a major 2.8-year low.  A soul-crushing 96% of its early-2016 bull market had been reversed and lost!  Read More

02.01.19- Central Bank Gold Purchases Hit A Record In 2018
Steve St Angelo

Official gold purchases reached a new record in 2018 as central banks continued to diversify away from the U.S. Dollar.  Not only was 2018 a banner year for central bank gold purchases, but it was also the highest amount for more than five decades.  Central banks haven’t bought this much gold in one year since Nixon ended the convertibility of the U.S. Dollar into gold in 1971.  Read More

01.31.19- Looking at Gold (and Silver) from the Third Side of the Coin
David Smith

Two years ago at a conference during which I both presented and attended, a Keynote speaker, "Rich Dad" Robert Kiyosaki, introduced me to a different way of looking at things. He posed the question, "How many sides does a coin have?"

The correct answer is "three." The front (obverse), back (reverse) and… the edge!

When you think about it, this makes sense. From this angle – uncommon to most observers – a person can begin to look more deeply at a given subject. From the edge, you are able by definition, to see "both sides" of the story.  Read More

01.30.19- Crossing Borders with
Gold and Silver Coins

Doug Casey

It’s well-known that you have to make a declaration if you physically transport $10,000 or more in cash or monetary instruments in or out of the US, or almost any other country; governments collude on these things, often informally.

Gold has always been in something of a twilight zone in that regard. It’s no longer officially considered money. So it’s usually regarded as just a commodity, like copper, lead, or zinc, for these purposes. The one-ounce Canadian Maple Leaf and US Eagle both say they’re worth $50 of currency. Read More

01.29.19- How to Position Yourself for
the Coming Gold Rally

Nick Rokke

“Monster Gold-Mining Deals Pile Pressure on Those Left Behind.”

The January 14 Bloomberg headline above might not seem like much to you right away – but it immediately caught my attention.

Here’s why…

When an industry consolidates, investors can make a lot of money. Consolidation means buyouts – which usually come at a premium… And premiums boost stock prices higher. [For example, see my January 15 essay on mergers in the biotech sector.] Read More

01.28.19- If You Could Design A Perfect World
For Gold…

John Rubino

Are you sick of your gold just sitting there when it was supposed to have long since made you rich? Have you been fantasizing about a world in which your gold really does make you rich?

If so you’re in good – or at least numerous – company. 

So let’s sketch out such a world. 

Start by envisioning an America in which a handful of oligopolies have captured banking, media, healthcare and several other important industries, while a tiny group of super-rich neo-aristocrats control as much wealth as the 200 million least-rich citizens. Read More

01.26.19- Gold hits $1300 as dollar slumps
Fawad Razaqzada

There are a number of factors supporting gold prices at the moment, most notably a big drop for the US dollar. The US dollar has weakened sharply ahead of next week’s FOMC meeting amid growing expectations that the Fed will re-iterate the need to pause its hiking cycle. We have been growing negative towards the buck for a while now and this dollar sell-off does not surprise us at all.

The sell-off has been blamed on a Wall Street Journal report, which suggests that the Fed could be taking a more cautious approach towards the shrinking its huge balance sheet. Read More

01.25.19- If You Understand Gold,
You Are Not A Goldbug

Egon von Greyerz

What is a Goldbug? If we look at Wikipedia, they define it as “a person who is extremely bullish on the commodity gold as an investment and or a standard for measuring wealth …… goldbug can also be used as a pejorative”.

Investopedia states that “A gold bug is an individual who is very enthusiastic about gold as an investment and its prospects for significantly increasing in value.”

Finally the Free Dictionary defines goldbug as “1. A person, especially an economist or politician, who supports the gold standard or 2. A person who believes in buying gold bullion as a personal investment or 3. A gold beetle.Read More

01.24.19- Peering Over the Abyss
Gary Christianson

From Bill Holter “Crash Alert.” 

“For the last 6 months we have responded ‘it is happening right before your very eyes!’” 

The coming crash is a mathematical certainty and one that historians will ask in the future, ‘what were they thinking.’ While CNBC parades clown after clown to tell you this is a buying opportunity, I would simply advise DON’T BE STUPID and use your own common sense! We lived through the biggest super cycle of credit the world has ever seen… how do you think this ends?”

Bill Holter understands the financial dangers confronting the world, particularly in Europe and the U.S. As for timing he said, “it is happening right before your eyes.” Read More

01.23.19- Here's Why the Price of Palladium Just Zoomed Past Gold
Frank Holmes

Palladium might not fill headlines the way gold does, but it’s been on fire lately. Not only has the precious metal been the best performing commodity for two years straight, but its price also just shot past gold for the first time since 2001. For the first time ever, it broke through $1,400 an ounce last week before pulling back somewhat. From its 52-week low set in August, palladium has climbed almost 70 percent. It’s added about 16 percent in the past 30 trading days alone. Read More

01.22.19- 3 Reasons Gold Market Could See
a Bull Run

Birch Gold Group

This week, Your News to Know rounds up the latest news involving precious metals and the overall economy. Stories include: 3 reasons why gold market could run with the bulls, silver could break its resistance, and billionaire investor Sam Zell turns to gold.

3 reasons why gold market could run with the bulls

According to Reuters columnist Clyde Russell, the very same drivers that propelled gold to its all-time highs between 2008 and 2011 could be making a comeback. In a recent Newsmax article, Russell outlines the three main supporting factors that backed the crisis-driven price spike and why each of them have made a return. Read More

01.21.19- About That Government Silver Confiscation...
Chris Duane

View Video

01.19.19- “Real” Inflation Expected to Rise – Hedge Your Bets With Gold

Some are under the impression that gold’s performance in the U.S. is not asgood as it should be, considering we had a rather uncertain year last year.

In the U.S., even economists who favor the dollar gold price might be blind to an upcoming rise in the financial power of the precious metal.

That, and real inflation may become a better gauge to see just how well this measuring stick is doing. Though revealing it at the federal level may send the market into a panic. Read More

01.18.19- Gold - The Only Safe Place
Egon von Greyerz


In 2019 the investment world will start to realise that asset markets don’t grow to heaven as stocks, bonds and property start their long journey down which will eventually lead to declines of 75% to 95% in real terms. But the major risk is not just investment markets. Just as important is counterparty risk which too few investors are concerned about.

Anyone who wants to protect their wealth should not be invested in any of the bubble asset markets as I have stated in many articles. But to also avoid counterparty risk is a lot harder. Read More

01.17.19- 10 Reasons Why Silver Will Outshine Gold In 2019
David Schectman

Summary

Silver was thought of as a godlike metal in ancient times and was associated with magic. It was often used in ancient religious ceremonies.

Silver has a very robust profile of uses, including: electronics, automotive, medicinal, coins and medals, photography, and green tech.

Silver has a six thousand year history of use as money, longer than gold, from ancient Mesopotamia to the US Constitution.

Silver's production profile suggests that while it gets more and more valuable in society, the lack of primary mines, lower ore grades, and mill output portends a much higher rise in the price than gold. Read More

01.16.19- Side-Step the Financial and Political Circus
David Schectman

It’s a small sample size, but recently, gold and silver started to move up along with the stock market is. In the big picture, gold and the Dow move in opposite directions. Who are buying stocks now? The hedge funds will buy and sell on a headline, A quote from the Fed or on major moving average changes, but I can’t help but wonder if a nudge or two from the PPT to halt and fall and get it moving up isn’t the real energy behind this? That’s right out of JPMorgan’s playbook. Silver is such a small market that it is easy for JPMorgan to short silver until the price drops sufficiently for the managed money hedge funds to join in on the selling. They are the momentum moving the market, or specifically in this case, capping the rallies  Read More

01.15.19-Will The Next Silver Rally Exceed
The 2011 Highs

Chris Marcus

While many are beginning to realize that the gold and silver markets have indeed been manipulated, it’s interesting to consider what might happen when that manipulation is resolved.

Because while the wait has been frustrating for many, that’s not to say it will not end without due reward. Especially when you think back about what actually happened in 2011, and consider some of the dynamics involved.  Read More

01.14.19- Top Ten Trends Lead to Gold
Jim Willie

The year 2018 was a memorable year of great transitions. They involved changes in the political arena. They saw enormous changes in the debt picture, for both the USGovt and the major Western corporations. They saw a struggle to terminate the QE bond monetization, laced with hyper-inflation. They offered staggering damage to California, whose effects are easily 100 times greater than the World Trade Center fallout. They offered resistance to the US-led bully tactics, in slapping sanctions even on the US allies, a forecast by the Jackass two years ago. The globalist cabal agenda has been dealt a powerful damaging blow, perhaps lethal, during a year of great exposure for their criminality. The transitions offered a complete shift away from the perception of USMilitary full spectrum dominance. But the most important changes have come in the finance & economic sectors.  Read More

01.12.19- $2,000 Gold and the Secret Gold Rally Hiding in Plain Sight
Martin Katusa

What if I were to tell you that gold is within earshot of all-time highs. You’d call me crazy. But I’m not.

Below is a chart which shows gold prices denominated in Canadian, Australian and U.S. dollars.

You’ll notice gold went on a tear in all currencies from 2000 to 2012. However, after that, gold priced in U.S. dollars has under-performed. Gold priced in Canadian and Australian dollars has been very strong and is within striking distance of all-time highs.  Read More

01.11.19- Questions Only the DOJ Can Get Answered
Theodore Butler

Reasonable questions should be answered reasonably. When such questions cannot be answered reasonably or at all, particularly by those with a responsibility for answering, something is wrong. A good number of such questions remain unanswered in silver and those not providing answers include the federal commodities regulator (the CFTC), the designated self-regulator (the CME Group), as well as the most important bank in the US, JPMorgan.  Read More

01.10.19- Silver Outperforms Key Markets,
Metals & Energy

Steve St Angelo

While December was a horrible month for the broader markets, that wasn’t the case for the precious metals.  As the Dow Jones and S&P 500 Indexes suffered the worst December since the Great Depression, the silver price enjoyed quite a healthy rally.  The notion of rising precious metals prices during a market selloff ran counter to most analysts who forecasted falling asset values across the board.

However, that’s exactly what took place in December.  I stated, since the beginning of 2018, that when the markets really started to decline the precious metals would likely disconnect and rally higher.  Over the past month, the silver price jumped by 10% and gold 5%, while most of the broader indexes, base metals, and energy declined.  Read More

01.09.19- All We Have Left is to
Wipe the Slate Clean
John Rubino

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01.08.19- Surest Way to Overthrow Capitalism
Keith Weiner

One of the most important problems in economics is: How do we know if an enterprise is creating or destroying wealth? The line between the two is objective, black and white. It should be clear that if business managers can’t tell the difference between a wealth-creating or wealth-destroying activity, then our whole society will be miserably poor.

Any manager will tell you that it’s easy. Just look at the profit and loss statement. Profit is so powerful an incentive for managers, that one could never persuade them to operate based on any other indicator. And it would work—if economists had done their jobs properly. Read More

01.07.19- Gold's Safety Factor Kicks Into High Gear
Cliff Droke

For the first time in nearly a year, gold has a number of important supports in its favor which should propel its price higher in the months ahead. Signs of continued deterioration in the global economy, along with a a distressing drop in U.S. Treasury bond yields, are among the major factors fueling increased gold demand. In today’s report we’ll discuss these factors, as well as take a look at the improvement in the actively traded gold mining stocks.

Gold is clearly benefiting from fears of a global economic slowdown and should continue to do so in the weeks ahead. The equity market is trying to bottom and the threat of falling stock prices isn’t an immediate concern among investors right now. Read More

01.05.19- Precious Metals Are Overbought....And That's Not A Bad Thing
CEO Technician

Gold and silver are on an impressive run higher since mid-November; gold is up around $100 an ounce (~8%) and silver is up nearly $2 (~13%). Silver is up 7 consecutive trading sessions and gold has risen in 10 of the last 12 trading sessions.

The run has been strong enough that one could consider both precious metals to be 'overbought' using standard technical indicators such as RSI (at top of charts below) and MFI (at bottom of charts below): Read More

01.04.19- GOLD…For Whom The Bell Tolls
Ross Norman

There is probably no more irritating an adage than the old Wall Street one which says “no one rings a bell at the bottom or top of a market” … but it does highlight the purpose or value of making a trading call - or if you prefer (as it is the season for it) … in making a forecast.

No one wants to be too early in calling a bottom in gold as your career would then be aligned with those slightly unhinged perma-bulls that have been calling for a massive move up in gold year after year - and been perma-wrong. Nor do you want to be too late - because that would make you, well plain dull. Read More

01.03.19- Gold Price Survey Predicts Prices Could Reach $1,500 in 2019
Birch Gold Group

This week, Your News to Know rounds up the latest news involving gold and the overall economy. Stories include: Main St. bullish on gold for 2019, market turmoil shows why you should own gold, and gold to remain an attractive diversifier in 2019.

A recent poll by Kitco News had nearly 5,000 retail investors share their forecast for gold’s price in 2019. The largest group of respondents, numbering 1,640 participants or 34% of the overall pool, predicted that gold would push above $1,500 an ounce by the end of 2019. Read More

01.02.19- Doug Casey and Rick Rule on Gold-Backed Cryptos
Doug Casey

Justin’s note: There’s a huge opportunity right now…

Crisis Investing chief analyst Nick Giambruno says there is a new kind of digital asset that marries cryptocurrencies and gold into one powerful new financial tool: gold-backed cryptos. If you missed his essay on this idea back in October. Dozens of these gold-backed cryptos are now sprouting up. And the potential is enormous.

Investing legends Casey Research founder Doug Casey and Rick Rule – president and CEO of Sprott U.S. Holdings – are both excited about the huge potential of gold-backed cryptos as well. Nick recently interviewed the two on the subject, and today and tomorrow I’m sharing their fascinating discussion…Read More

01.01.19- Gold Barrels Into 2019 as Growth Concerns Spur Demand for Haven
Jake Lloyd-Smith and
Krystal Chia

Gold is closing out 2018 on a strong note, its haven demand reinvigorated by volatile trading in global equities, rising concern about the economic outlook and a drawn-out government shutdown in the U.S.

Spot bullion is holding near a six-month high after topping $1,280 an ounce, and the metal is set for the best monthly gain in almost two years. December’s rally has pared an annual decline, the first full-year loss since 2015. Read More

 

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