Something doesn’t quite seem right, does it? The S&P rises to a record high and at the same time the National Debt surpasses $20 Trillion and gold falls from $1,339.30 to $1,325.60. What does CNBC say about the National Debt milestone? Nothing. It’s as if debts and deficits don’t matter to Wall St. Party on! Special shout out to the …
Read MoreGold and the Elephant In the Room
We are setting up for a disastrous next year for the markets but the markets don’t sense it yet. The stronger dollar will be retaliated by China soon enough and we have been here before. The Fed just doesn’t seem to get it with their 3 more rate hike talk. And those who trade the markets ignore the fact that this …
Read MoreThe U.S. economy is on the cusp of something big. The questions on everyone’s mind are as follows; 1. Who will be our next President and how will that affect the stock market? 2. Will gold and silver be viewed as a safe haven or fall in price like they did in 2008 if the recession deepens? 3. Will the Fed …
Read MoreThe Gold Price Is Doing Better Than You Think
I begin today’s analysis on the gold markets with a chart that I created trying to connect what I believe to be the important issues facing the price of gold the last 32 years. Anyone who tries to predict the future price of gold needs to understand that all of these issues are all related. From analyzing this chart, you …
Read MoreDeflation, The Banking Crisis And Why Gold Will Rebound
For years now I have been listening to the inflation/deflation debate and unlike many of the gold dealers, I have been in the deflationary camp as I wrote about in my book Buy Gold and Silver Safely. The following articles can all be found at the Buy Gold and Silver Safely website. They detail my views as to why I …
Read MoreIs The Gold Community A Cult?
I recently was involved in a discussion centered around the gold community and their constant talk of manipulation and price suppression. There are some of us in the gold community who understand gold’s place in a diversified portfolio (insurance), have been recommending dollar cost averaging into a position for their clients rather than “all in” like most others who fear …
Read MorePop Goes The Gold Bubble?
I always get a kick out of these articles that young writers put out when they try and tackle a subject such as gold and claim it’s in a “bubble.” To date, I have not seen one of them address the banking system mess our country is in (as well as the banks of Europe and soon most everywhere else). …
Read More0