End Of The American Dream, Released on 5/23/22Unfortunately, the Biden administration continues to make one glaring error after another, and at some point our good fortune will run out.Continue... World War 3: The Stage Is Being Set For The United States To Go To War With China And Russia Simultaneously added by Herman James on 05/25/2022View all posts by Herman James ?+'Read More
Oil Price, Released on 5/25/22The price is currently 3.3 times above the five-year average, while EU gas, at 5.3 times above five-year average, traded early on Wednesday Continue... Natural Gas Price Hits $9 For The First Time Since 2008 added by Herman James on 05/25/2022View all posts by Herman James ?+'Read More
Market Sanity - Twitter, Released on 5/24/22pic.twitter.com/03BvIaiDRV- Market Sanity (@MarketSanity) May 25, 2022 If you think stocks are guaranteed to make all-time highs again because they always have in the past, think again added by Herman James on 05/25/2022View all posts by Herman James ?+'Read More
Claudio Grass, Released on 5/24/22Pouring gasoline on a fire is almost always a bad idea. We are going back to a gold standard for the same reason we have used gold for 2500 yearsContinue... Bob Moriarty: 'Gold is an insurance policy against the stupidity of governments' added by Herman James on 05/25/2022View all posts by Herman James ?+'Read More
Chile produces more copper than any country in the world. But what about gold? One Vancouver-based junior explorer is seeking Chile's next company-maker gold deposit, and it's already finding similarities with another long-time gold and silver producing mine.Hole PPRC-22-36 proved to be the highlight among 18 reverse-circulation drill holes published by Astra Exploration Inc. (ASTR.TSX.V) followin...Read More
Signs are pointing to gold’s May rallyrunning out of steam as the USDX reaches its short-term bottom. But how muchstamina is left in the yellow metal?Another day, another higher close in thejunior miners. And another day where profits on our long positions in thelatter increased. There is a sign that the rally in the precious metals sectoris close to being over.That sign is the situation in...Read More
While the current pull-back on blackgold is fundamentally triggered by different forces, where is the prevailingwind coming from that is pushing prices lower?On Wednesday, the day after the US Fed’sChair Powell showed a more hawkish tone, crude oil prices dropped 2.5%following profit-takings on most commodity markets - new fears emerged that aworld economic slowdown combined with rising inte...Read More
The medium-term outlook for theprecious metals remains bearish, but does this mean we can’t profit onshorter-term moves? Quite the opposite!Precious metals declined yesterday, andso did the general stock market. Is the rally already over?When Iwrote about this rally on May 12, which took place at the same timewhen I took profits from the short positions and entered the long ones, Imentioned...Read More
Crude oil, like most commodities, is not priced as a single data point like a stock. Instead, commodities, like oil, trade via futures contracts. A futures contract is an agreement to buy or sell a particular commodity or security at a predetermined price at a specified time in the future. Futures contracts are standardized for quantity and quality specifications to facilitate trading on a futures...Read More
By Matthew Cortez, Last month was the 89th anniversary of oneof America’s biggest blunders on her descent from honest, sound money intoweaponized political money: ExecutiveOrder 6102.Signed on April 5, 1933, U.S. PresidentFranklin Delano Roosevelt required all persons holding more than five ounces ofgold to deliver their “gold coin, gold bullion, and gold certificates, nowowned by...Read More
More than just a few people are buying silver because “it protects them from inflation” – or something to that effect. Ever wonder if that argument holds up? The chart (source) below indicates otherwise… Silver Prices (inflation-adjusted) – 50 Year Historical Chart (1)According to the chart, it appears that silver cont...Read More
While the USDX rushes up withoutlooking back, gold is running... out of power. What could the next dollar highsmean for the precious metals market?In short, practically everything that Iwrote in yesterday’sanalysis remains up-to-date. Based on the relative valuations andpre-market price movement, I wrote that junior miners were likely to declinebelow their rising support line, and I moved th...Read More
As turmoil in financial markets unnerves investors, a larger economic crisis may be starting to unfold. The Federal Reserve’s first steps toward tightening monetary policy are exposing vulnerabilities in the highly leveraged economy. The Fed spent years injecting the economy with artificial stimulus. Now it is trying to take that stimulus away without causing a crash.On Wednesday, the Fed ra...Read More
Reference this article posted on 12.30.21: 2022: The Golden YearGold has done nothing unusual and in fact it has done as would normally be expected. In February it began to rally out of the base on the daily (futures) chart below. Driven by war (easy on the war, terror and pestilence bull rationales dear gold bugs) and inflation hype, kneejerkers and momos (momentum players) quickly jumped on push...Read More
Elon Musk’s $44 billion purchase of Twitteris being hailed as a victory for free speech. Musk vows to make changes to thesocial media platform that will make it a true “digital town square” wherepeople are free to speak their minds, even if others take offense.Of course, not everyone is excited aboutthe prospect.“Biden officials worry Musk will allowTrump to return to Twitt...Read More
While China plans to implementlockdowns for fear of an epidemic, concerns about the coronavirus are taking atoll on the oil market. Will it escalate?Crude oil prices remained lower onTuesday, after significant losses suffered the day before. They are stillweighed down by fears of a general lockdown in Beijing, the capital of China,as well as in Shanghai, thus risking a demand reduction for black g...Read More
Despite increased war tensions, goldfailed to break above $2,000. What’s worse, rising USDX and interest rates arealready lurking on the horizon.The precious metals just performedexactly as they were likely to. Despite the increase in war tensions, PMs andminers reversed instead of rallying, which indicated that the rally hasprobably run its course. Since the tensions can now (most likely) e...Read More
GOLD GAINS IN PRICE ONLYIt has been said that the more things change, the more they remain the same. That is certainly true of gold prices.Let’s look at the following three charts in succession. Then we’ll talk about them… Current Gold Prices (inflation-adjusted) – 100 Year Historical ChartOctober 2021 Gold Prices (inflation-adjusted) – 100 Year Historical Char...Read More
While investors remain happy-go-lucky,fundamental data for gold and silver is now worse than in 2021. Is this thelast chance to come back to earth?As another week comes to a close, thewinds of change are blowing across the financial markets. However, while manyinvestors and analysts can see only sunny days ahead, fundamental storm cloudsshould rain on their parade over the medium term, and it&rsqu...Read More
Investing in gold is a smart investment. But why? Gold hasbeen valued for centuries and for good reason! It's rare, durable, and can beused to make jewelry or electronics. Plus, it's not affected by inflation so nomatter what happens with the economy it'll always have some value. But beforeyou invest in gold there are a few things you need to know - what type of goldshould you buy? How do you stor...Read More