Gold jumped on Thursday on physical buying after prices plunged to a six-month low, but investors remained unenthusiastic because of a brighter global economic outlook and speculation of an imminent end to the U.S. monetary stimulus.
Gold plunged 28 percent in 2013, ending a 12-year bull run, as the U.S. Federal Reserve announced plans to unwind ultra-loose monetary policy fr... read more
For the second time in a week, the market is running (not walking) away from the USD. Despite all the equity market exuberance over the taper, the USD is now unchanged from the FOMC decision and in relative free-fall for the world's reserve currency - on a scale we saw during last Friday's craziness... Treasuries are modestly bid this morning, equities are flat and precious m... read more
Jim Rogers had been right when he had stated that gold would only rise after its most ardent followers had sold out of their positions. After all, the best time to buy is when an asset class is the most hated.
Gold is up again, at last, but I would be hesitant to call for a recovery. It would seem that the read more
We have used the Nasdaq bust in 2000 as a comparative guide for silver and the precious metals complex over the past three years. From a momentum and performance point-of-view, silver found a cycle low this past summer. From a relative performance perspective, silver has been outperforming gold since late July. This impressions us to believe the low inflation backdrop is shifting discretel... read more
The coming explosion in the value of silver will be a shock to the world due to the failure of the analyst community. I am completely amazed at the lack of quality analysis today. Except for a few good analysts, there’s a sea of lousy ones who continue to put out work that becomes increasingly worthless each and every passing day.
While we can totally write-off most of the forecasting... read more
On Dec. 26, financial analyst and statistician Dr. Jim Willie provided a look at major economic events that will take place and shape the global financial system in 2014. Of the several key changes set to occur in how nations trade amongst one another, the two primary events. that of a currency reset and the implementation of a gold backed trade note, will be the catalyst for China's vision of... read more
We make choices in our thinking, lifestyle, savings, and investments. We can look reality squarely in the face and swallow the red pill (from the movie – “The Matrix”). Or, we can swallow the blue pill with a healthy slug of whisky, continue riding the roller coaster of mass delusion, and go back to... read more
What the Federal Reserve is doing in the U.S.—its effort to get the economy going via its money printing program—has already been tried by the second-largest economy in the world: Japan.
Unfortunately, the easy monetary policy implemented by the Bank of Japan didn’t spur the read more
If you ask 100 people the question “can the Fed really end its QE program” you’ll get a bunch of different responses. The obvious response is yes or no, but that’s to simplistic. So, I’d like to present a few different views for you to chew on.
One thing that I constantly have to remind myself of is the FACT that for the most part, people on average have NO idea about what the Fed... read more
The best time to buy gold is when the market hates it, especially when it comes to junior explorers with market caps under $1 billion, asserts Ralph Aldis, senior mining analyst with U.S. Global Investors. In this interview with The Gold Report, Aldis shares his main modeling themes. He also explains the win-win-win advan... read more
