Gold

As of 7.30pm, 3,098 contracts had changed hands, 2,186 priced in yuan and 912 in US dollars

The gold rally that began on Dec. 15, 2016, is poised to continue despite the trauma of the flash crash. The crash represents a gift to investors. We now have a better entry point for what will still be much higher gold prices later this year.

A manipulated economy can never be in equilibrium. The Fed’s and the government’s artificial meddling of economic cycles will always result in massive overshoots, thus creating gigantic booms and busts.

The present monetary system of the world, based on the dollar, is on its death-bed. A fiat currency –such as the dollar– cannot be replaced by another fiat currency. Therefore, the world will necessarily have to take up gold as the world's money; silver will doubtless complement gold as the world...

Commodities are the cheapest they have been in 50 years and that’s a buy signal. "Buy when there’s blood in the streets even if it’s your own."

China seeking to expand the use of its yuan-denominated gold fix overseas, says chairman of the mainland China’s sole gold bourse

Silk Road (China, India, Russia & Turkey) gold consumption.

The dollar will rally for 6-8 weeks while gold heads lower. Gold has decisively broken down through its 200 dma. Traders are in a bull market mentality and will try to buy gold’s dips until sentiment becomes bearish.

Gold has closed below its intermediate uptrend line. This is the first confirmation that a larger intermediate degree decline has begun.

A well-known coffee company says, “Respect the bean”. That may be good advice, but I think it’s vastly more important for gold and silver bugs to “Respect the bar”!