Embry: “I am becoming far more comfortable with the gold and silver markets after what can only be construed as an extraordinarily ugly few months. These violent takedowns in the paper market, which bore no relation to what was going on fundamentally, have discouraged so many people.
I guess price action is the thing that drives them crazy because people then start to doubt...
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During a recent interview, we couldn’t let Jim Rickards (author of
Currency Wars) go without asking him about our ‘Zero Hour’ scenario.
As you’ll recall, Zero Hour is the moment the
price of physical gold starts to run away from the ‘paper price’ you see on CNBC’s ticker
The most likely catalyst is a chain of events that goes like this…
Gold traded little changed near a three-week high as investors weighed the U.S. Federal Reserve’s next move on monetary stimulus. Assets in the largest bullion-backed exchange-traded product resumed a decline.
Spot gold traded at $1,289.33 an ounce by 9:38 a.m. in Singapore from $1,292.22 yesterday, when prices climbed to $1,295.73 as the dollar weakened. Bullion rose to $1,298.73 on July...
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In a recent article I introduced the concept of allowing for the increased quantity of aboveground gold and the expansion of the quantity of dollar currency over time when trying to value gold. The purpose of this article is to explain why such an obvious adjustment is rar...
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* Dollar index extends losses to 0.4 percent
* Buying interest from
China subdued (Updates prices)
By Clara Denina
LONDON, July 16 (Reuters) - Gold rose on Tuesday as the dollar eased ahead of Federal Reserve Chairman Ben Bernanke's congressional testimony later in the week, wh...
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Last year I correctly spotted the
three year cycle low in the CRB. I must admit the retest of that bottom has taken much longer and been far deeper than I thought it would be. However, I think the retest is over. It looks like the CRB has put in its final yearly cycle low f...
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I have not written a public article in several months. This is mainly because I have been waiting for a buying opportunity to develop in precious metals. As a fairly aggressive investor with a high risk tolerance, I took a stab when silver originally dropped to technical support around $27. I have a few small cuts from attempting to catch the proverbial falling knife, but I was quick to release...
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Investors have to put aside the short-term action in gold and silver and look at the fundamentals. It’s hard to know where to start. There are fires burning everywhere in the world, and these fires can’t be extinguished.
Therefore, all governments and central banks will do is put more fuel on the fires because they don’t have any other tools to rectify these massive problems that we ha...
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Hedge funds raised bets on higher gold prices for a second week as comments from Federal Reserve Chairman Ben S. Bernanke damped expectations for an imminent tapering of stimulus. Futures rose the most since 2011.
Speculators increased their net-long position by 4.1 percent to 35,691
futures and options, U.S. Commod...
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