
Gold the Basing Pattern Continues
Gary Savage takes a look on what might be in store for gold over the next month, by the march FOMC meeting.
Read articleGary Savage takes a look on what might be in store for gold over the next month, by the march FOMC meeting.
Read articleSome investors who bought gold and silver around the highs in 2011-12 might be impatient. But if they realised that they are holding the best insurance that money can buy against all the coming problems in Pandora’s Box, they should feel extremely content.
Read articleRussian Central Bank gold reserves rise to 1,857 tons in january, passing People’s Bank of China’s 1,843 ton gold hoard.
Read articleThe planet’s biggest hedge fund, Bridgewater, which manages more than $160 billion, just bet $22 billion on a decline of stocks in the banking sector and other large corporations.
Read article2018 is likely to be the year when the 2007-9 crisis returns with a vengeance. But this time it will be a lot more serious. Central banks will panic and print money at a level never seen before in history leading to collapsing currencies and hyperinflation.
Read articleGold prices climbed nearly 2 percent on Wednesday, rebounding from early losses that followed stronger-than-expected U.S. inflation data, as the dollar surrendered gains and equities swung higher.
Read articleWe are now in the final phase of manic euphoria. Within the next 6 to 18 months the euphoria will turn into dysphoria as 100 years of economic mismanagement and manipulation come to an end.
Read articleThe stock markets are being shaken these days, indexes are in the red, and months of gains have disappeared in a few sessions... Are we witnessing a temporary correction or is this a deeper and lasting crisis? It’s too early to tell, and we’re not going to play the guessing game. However, if we s...
Read articleJerome “Jay” Powell took the reins of the United States Federal Reserve today, pledging continuity and transparency from the central bank in the wake of continuing good economic performance.
Read articleA major breakout in Gold this year and its effect on Silver is just one reason why Silver could have a big year.
Read articleWe have now reached a stage when the explosion in money supply will have a major influence on the real economy. The inevitable consequences of the totally irresponsible mismanagement of the economy that I have been forecasting for quite some time are now starting to take effect.
Read articleU.S. prosecutors on Monday announced that they had settled charges against three European banking giants, HSBC, UBS and Deutsche Bank, for manipulating the markets for precious metals, including gold and silver, and filed charges against eight people, including some of their former traders.
Read articleThe key message of this update is that gold is getting closer and closer to breaking out of a giant Head-and-Shoulders base pattern that started to form back in the middle of 2013 and to point out that it won’t be stopped from doing so by any minor short-term reaction.
Read articleClearly Europe is fragile – this is where one has to look for risks of price slips, sudden interest rates hikes, overblown balance sheets...
Read articleThe world is now between Scylla and Charybdis or between two evils. Thus, there is no solution or positive outcome of the present state of the world economy. Scylla is the rock or the six headed monster whilst Charybdis is a whirlpool or a black hole (a hard place).
Read articleGold and silver had a sharp run-up in the last two weeks of 2017. However, the abrupt move in gold was accompanied by a rapid rise in the gold futures open interest on the COMEX. The “commercial” – aka “the banks” – net short position in COMEX gold futures has increased by 100,000 contracts (from...
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