As I pointed out in my last article, I expected continued selling of gold by the big boys; the Hedge Funds, Mutual Funds and Professional traders and they didn’t disappoint. The largest ETF; SPDR Gold Shares (GLD) saw an outflow of 12.9 metric tons last week. From Kitco; Holdings of gold by SPDR Gold Shares (GLD), the world’s largest exchange-traded …
Read MoreThe results of the Fed decision came in. No taper. But the stock market sold off that day and so did gold. Why? The answer may be found in the following article posted at CNBC where they state; “but markets interpreted language in the decision to mean that the end may come sooner than expected.” If markets and price action tell …
Read MoreCalling the Fed Taper Bluff and What Gold Might Do Next
The price of gold could be affected by next weeks Fed meeting as they decide whether or not to taper the Quantitative Easing purchases they have been making in their attempt to buy up the toxic assets of the banks and the treasuries that no one else will buy. Ever since the talk of tapering by Bernanke in June of …
Read MoreIs This the Bottom for Gold and Silver?
AUTHOR’s NOTE: I have decided to no longer write for Seeking Alpha because of their lack of professionalism and control of content that goes against what I believe in and have written about in my book, Buy Gold and Silver Safely. They have been forcing authors to include paper stocks, ETF’s or Mutual Funds as alternatives to physical precious metals …
Read MoreEconomic Data Show Potential Of Stock Market Bubble
The DOW (DIA) and S&P are breaking new records yet the underlying data doesn’t support such valuation in the markets. What does the underlying data really say about the economy and what effect might this have on stock markets moving forward? The Treasury just came out with their monthly and quarterly economic statistics and data as shown in the following …
Read MoreThere has been much chatter over the years on what the government might do to save itself should we here in the United States undergo any type of future financial crisis or repeat of the 2008 financial turmoil we experienced. This topic is especially of interest now with the recent proposal in the country of Cyprus to tax existing bank …
Read MoreThe price of gold and silver are down again today, with the dollar moving higher and precious metals investors are wondering how this can be with a Federal Reserve implementing Quantitative Easing to infinity and a Congress that allows the debt ceiling to keep moving higher and higher. If you had a choice between reducing your spending to live within …
Read More4 Reasons There Will Be Future QE And A Higher Price For Gold and Silver
There has been talk of late that the Fed could put end to quantitative easing (QE) early. This article will address the probability of future QE and list four problem areas where the Fed may have to return to their hat and see just how many quantitative easing rabbit’s are left in it that can fool the investing public into …
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