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| RATIOS & INDEXES |
| Gold / Silver | 61.59 |
| Gold / Oil | 14.47 |
| Dowjones / Gold | 11.02 |
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 | Gold, Silver and Real Money Issues |  |
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 | Jordan Roy Byrne - The Daily Gold |
| 6 Reasons Why Gold Stocks will Begin a Huge Rally |
| 1. Huge rallies begin from these conditions
Below is the NYSE Gold Miners Index which is tracked by the GDX ETF. Look
at the RSI. Not only did it reach a multi-decade low but it has remained oversold
far longer than during the comparable periods. In the four previous periods,
the market rebounded suddenly and strongly in percentage terms. Meanwhile,
the bullish percent index, a breath indicator is more oversold than in 2008.
We plot the indicator with a 10-week moving average thatWednesday, May 22, 2013 |
|
 | Jeb Handwerger - GoldStockTrades |
| Gold, Silver and Miners: Powerful Reversal Off Multiyear Support |
| I wrote nearly a month ago that "The
Worse Things Were For The Mining Sector, The Better They Will Get". This
was after the first downward plunge in gold (GLD) and silver (SLV) in April
due to the Goldman short.
Now four weeks later, gold, silver and the miners (GDX) tested that April
low and even fell below it only to reverse higher than the previous day's selling.
Across the precious metals board, we witnessed bullish engulfing patterns.
We witnessed a similar reversal backWednesday, May 22, 2013 |
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 | Bron Suchecki - Perth Mint |
| Precious metal memes |
| I'm having a debate with The Daily Bell over their assertion that "physical gold and its delivery will cost you up toward US$2,000" in the comments to this article of theirs. Readers of this blog I think will find it interesting, as well as the diversion into questions about the Germany repatriation and central bank transparency. I also questioned their view that the London Fix was not a free market in the comments to this article.
The thing about The Daily Bell is that they track and look behiTuesday, May 21, 2013 |
|
 | Mike Maloney - Goldsilver |
| The Silver Squeeze Infographic |
| The Silver Squeeze Infographic is courtesy of Sean Aranda, and team at The Austrian Insder.Tuesday, May 21, 2013 |
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 | Alasdair Macleod - Finance and Eco. |
| Bank balances and gold |
| There has been a growing shift in favour of assets relative to bank deposits. This was initially encouraged by zero interest rates, but more recently there is little doubt that Cyprus’s bail-in has accelerated the trend. This explains the bull markets in bonds and equities, which conveniently underwrites the entire banking system. It is however too early to offer evidence of falling deposit balances held by non-banks and the general public because depositors as a whole have been remarkably complMonday, May 20, 2013 |
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 | John Rubino - Dollar Collapse |
| When Hedge Funds Go Short, Gold Goes Up |
| Bloomberg is reporting on the rising number of hedge funds shorting gold:
Gold
Bear Bets Reach Record as Soros Cuts Holdings
Hedge-fund managers are making the biggest ever bet against gold as billionaire
George Soros sold holdings last quarter and Goldman Sachs Group Inc. predicted
more declines after the longest slump in four years.
The funds and other large speculators held 74,432 so-called short contracts
on May 14, U.S. Commodity Futures Trading Commission data shMonday, May 20, 2013 |
|
 | Deepcaster |
 Biggest Bubble About to Burst |
| "Nothing is normal: not the economy, not the financial system, not the financial markets and not the political system. The system remains still in the throes and aftershocks of the 2008 panic and the near-systemic collapse, and from the ongoing responses to same by the Federal Reserve and federal government. Further panic is possible and hyperinflation is inevitable. "The economic and systemic solvency crises of the last eight years continue. There never was an actual recovery following tSaturday, May 18, 2013 |
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| Hubert Moolman |
Silver Price Forecast: Silver and the Dow  |
| Silver Price Forecast: Silver and the Dow
The Dow making new highs is likely to be very good news for silver investors, because nominal silver peaks tend to come after significant nominal peaks in the Dow. These stock market rallies are driven by the expansion of the money supply, causing a big increase in value of paper assets (including stocks) relative to real assets.
When the increase in credit or the money supply has run its course, and is unable to drive paper price higher; value then fleThursday, May 16, 2013 |
|
 | Jan Skoyles - The Real Asset Co |
| No cheap gold in Vietnam |
| One must wonder how Vietnam, a country where gold investing between 2011-2012 accounted for over 3% of GDP, has handled the global dash for gold in recent weeks.
The country’s central bank and citizens hold more gold per capita than India and China, and they have been unable to benefit as well as their neighbours from the low gold prices. Whilst gold shortages induced premiums to be charged in both India and China, they were not to the extent seen in Vietnam.
Here, the gold market is heavily regTuesday, May 14, 2013 |
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 | Ted Butler - Butler Research |
| The Worst Regulator Possible |
|
Sticking with the theme of milestones, we’ve just crossed a few important anniversary dates that relate to silver that taken in proper perspective point to a disturbing conclusion. That conclusion is that the US commodities regulator,Tuesday, May 14, 2013 |
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| Alasdair Macleod - Finance and Eco. |
| The role of GLD and SLV |
| In August 2011 I wrote to the Financial Services Authority to seek confirmation that the London-based custodians of SPDR Gold Trust (GLD) and iShares Silver Trust (SLV) were being regulated as custodians, despite the fact that physical bullion is not a regulated investment. After some chasing on my part I finally got a response, kicking my letter firmly into touch. The FSA accepted that the custodians (HSBC Bank USA NA for GLD and JP Morgan Chase Bank NA London Branch for SLV) were regulated, buMonday, May 13, 2013 |
|
 | Jeffrey Lewis |
| Intrinsic Value and the Final Battle for Silver |
| When looking at the intrinsic value of hard currencies like silver relative to that of paper fiat currencies like the U.S. Dollar, some serious questions need to be asked and answered. Here is one series of questions that can be used to initiate such an analytical process and some rational answers:·What is the intrinsic value of fiat currency? The value of the paper they are printed on.·What is the nature of a measuring stick? To provide a consistent gauge of size or value. ·What is backing allFriday, May 10, 2013 |
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 | Julian D. W. Phillips - Gold Forecaster |
| Foreign Financial Reporting of U.S. Citizens Coming. Will it Include Gold? |
| Commodity Futures Trading Commission New Regulations Reporting Overseas TransactionsSince the start of the credit crunch in mid-2007 we have seen a steady move forward by government to place greater control over the financial aspects of people's lives. One of the biggest milestones from an investor's point of view has been the establishment of the Foreign Account Tax Compliance Act (FATCA). This is consistent with the intentions expressed by President Obama that U.S. Citizen's financial successeWednesday, May 08, 2013 |
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| Ben Traynor - Bullion Vault |
| Gold Speculation and the Comex |
| What exactly does 'speculative net long' mean...?EVERY FRIDAY, the Commodity Futures Trading Commission publishes data that enable analysts to 'take the pulse' of various commodity markets.The Commitments of Traders (CoT) report gives the aggregate positions held by traders from the previous Tuesday, including the number of long contracts (that stand to benefit if prices rise) and short contracts (that benefit if they fall).Included in the CoT is positioning in gold and silver futures and optionFriday, May 03, 2013 |
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 | David Bond - Wallace Street Journal |
| The Wallace Street Journal: The 545 people responsible for all our woes |
| I once again yield the floor, this time to former Orlando Sentinenel-Star columnist Charley Reese:
Politicians are the only people in the world who create problems and then campaign against them.
Have you ever wondered why, if both the Democrats and the Republicans are against deficits, we have deficits? Have you ever wondered why, if all the politicians are against inflation and high taxes, we have inflation and high taxes?
Friday, May 03, 2013 |
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| Jan Skoyles - The Real Asset Co |
| Unveiling the gold market’s working parts |
| On the 12th and 15th April gold fell victim to a price smash.
Why this happened is something which is open to much analysis and theorising. For the mainstream media it was down to an improving global economy and the need to hold gold no longer existed, for those in the world of gold investment this was perhaps down to more of the politics behind the gold-market than the economics.
On April 12th 3.4 million ounces (100 tonnes) of gold was sold in the US futures markets. This was just for startersSaturday, May 18, 2013 |
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| Mike Maloney - Goldsilver |
 U.S. Congress Seeks to Replace the Base Metal of Most American Coins With Steel  |
| A measure introduced in the U.S. Congress seeks to replace the base metal of most American coins with steel. The move would slash the nickel and copper content of U.S. coins to a fraction of today’s already reduced levels. Like past changes in metal content, the bill represents a logical continuation of currency debasement and calls into question the strength of U.S. fiat currency—yet another sign of the decline of the global monetary system.
Congressman Steve Stivers (R-OH) introduced the bilWednesday, May 15, 2013 |
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 | Przemyslaw Radomski CFA - SunshineProfits |
| Is Crude Oil Ready For A Breakout And Would It Help Gold? |
| Jim Rogers recently said in an interview to Morningstar, that he is not disturbed by the recent tumble in gold prices.
“Gold had gone up 12 years in a row, without a down year, which is extremely unusual in any asset. Equally important, gold has only had one 30% correction in 12 years. Again, that is extremely unusual. Most things correct 30-40% every year or two. So the action in gold has been very unique and gold needed a correction. The main thing that caused it, as far as I am concerned, waTuesday, May 14, 2013 |
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| Mike Maloney - Goldsilver |
| China's Gold Blitz of 2013 |
| As the paper gold price continues its choppy consolidation, after gaining a following and an initial sharp decline in mid-April, the world’s attention is now focused on Chinese and Indian demand for gold, “which between them is absorbing an all non-Asian mine supply….
“Chinese net purchases of gold totaled 320.54 metric tons (mt) in first quarter 2013.” This “Gold Blitz” of 2013 reflects an increasing confidence in precious metals over paper currencies. Many of the world’s countries have experTuesday, May 14, 2013 |
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 | Jeffrey Nichols - Nichols on Gold |
| Monetary Policies Favorable for Gold-Price Recovery |
| Global financial markets will be taking their cues from U.S. Federal Reserve and European central bank policy meetings to be held by the Fed on Tuesday and Wednesday and by the European Central Bank (the ECB) on Thursday.
The consensus among economists who pay attention to these things suggests there won’t be any significant change in Fed policy . . . but, in contrast, there is a strong belief that the ECB will cut European interest rates from their already record low levels.
ECB Expectations
TMonday, May 13, 2013 |
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 | Darryl Robert Schoon - Survive the Crisis |
| Gold - Who's selling who's buying who's lying |
| Although the Pharisees of paper money successfully forced down the price of gold, like those who lobbied Pontius Pilate to crucify Jesus, the consequences of their actions will backfire beyond their wildest imagination.The decision of the paper money cabal to force down the price of gold is akin to Japan's decision to attack Pearl Harbor. Although the attack was successful, the eventual consequences were not what Japan had envisioned.Recently, an article, The Gold Correction: What's the Big DealThursday, May 09, 2013 |
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| Bron Suchecki - Perth Mint |
| Not much of a case |
| I stopped following blogger Dave in Denver when he wimped out of publishing a critical, but civil, comment of mine on his blog. Thankfully my readers persevere with him and have let me know he recently made the following post:
"A reader alerted me to the fact that Bron Suchecki, one of the proprietors of the Perth Mint - the notoriously untrustworthy and fractional bullion account seller - made the claim that there's plenty of 400 oz. gold bullion bars to be had on the world market. This isSunday, May 05, 2013 |
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| Deepcaster |
| Profiting from Coming Crises |
| (The Fed is) "creating massive fraud.in the short term it's great for assets.at some point there's a levitational problem."Nouriel Roubini,CNN Money, April 29, 2013Like it or not, several crises are impending in the next few months. And it is highly likely certain of these are unavoidable.Fortunately, it is possible to prepare to avoid significant damage from most of these and indeed to profit, as we indicate here.Unfortunately, if one fails to prepare for certain of these very soon, it will be Friday, May 03, 2013 |
|
 | Michael J. Kosares - USAGold |
| The hidden crisis in the gold business |
| Barrick CEO JamieSokalsky has some things to say about the gold mining business that will come as a revelation to many gold owners. In a speech at the London Bullion Market Association’s conference in Hong Kong last November,Sokalsky wades into a largely hidden crisis in the gold business — static mine production that has not responded positively to the rising prices over the last several years, and is unlikely to ramp up even if prices go higher from here.Tuesday, May 14, 2013 |
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| Jeb Handwerger - GoldStockTrades |
Physical Gold-Silver Shortage Could Benefit Undervalued Miners  |
| When it looks as though things couldn't get worse for precious metal mining
equities (GDX), that may be just the time to buy for contrarians. Not only
are the junior miners (GDXJ) sloping to historic decade lows, but gold (GLD)
bullion which has held up considerably well in comparison has been hit hard
recently by short selling, bearish bank reports and margin calls.
Now after this recent decline there is a palpable sense of panic and fear
throughout the resource markets. This is the bMonday, May 13, 2013 |
|
 | Keith Weiner |
| Theory of Interest and Prices in Paper Currency Part I (Linearity) |
| Under gold in a free market, the theory of the formation of the rate of interest
is straightforward.¹ The rate varies in the narrow range between the floor
at the marginal time preference, and the ceiling at the marginal productivity.
There is no positive feedback loop that causes it to skyrocket (as it did up
until 1981) and subsequently to spiral into the black hole of zero (as it is
doing now). It is stable.
In irredeemable paper currency, it is much more complicated. In this first
Monday, May 13, 2013 |
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| Jeffrey Nichols - Nichols on Gold |
| GOLD — Confounded by the Machines and Dark Pools |
| Gold continues to confound, dropping another $25 an ounce this morning as technical and computer-driven program trading triggers selling on U.S. derivative markets, all despite favorable fundamentals and what should be seen as favorable economic and geopolitical developments.
Gold Lower Despite Bullish News
This morning’s dispatches from India and China, the two biggest gold-consuming nations, report that demand in these markets continues unabated . . . and coin dealers report still-strong retaiWednesday, May 08, 2013 |
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| Jan Skoyles - The Real Asset Co |
 5 reasons why US States are keen to return to sound money |
| For many gold bears the fall in the price of gold against the US dollar was a sure sign that faith in the international reserve currency was back. However as Americans rush to order their coins from the US Mint and others lobby their state government to return precious metals to the monetary system, it seems as though the US Dollar is most certainly not back in favour.
Earlier today Arizona Governor Jan Brewer vetoed a bill that would have made gold and silver legal tender in the state, statingMonday, May 06, 2013 |
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| Aubie Baltin |
History’s Best Gold Buying Opportunity – Dr Baltin  |
| There is only one difference between a bad
economist and a good one: The bad economist confines himself to the
visible effect; the good economist takes into account both the effect
that can be seen and more importantly, those effects that must be
foreseen. The bad economist pursues a small, present good that will be
followed by a great evil to come, while the good economist pursues a
great good to come, at theMonday, May 13, 2013 |
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 | Steve Saville - Speculative Investor |
| Comparing long-term gold-mining bull markets |
| The last long-term bull market in gold-mining stocks, which ran from the early-1960s through to 1980, occurred in parallel with a major upward trend in interest rates, a steady undercurrent of "inflation" fear, and the occasional dramatic "inflation" scare. However, the current -- we think it's still current, although this won't be proven until the gold-stock indices exceed their 2011 pTuesday, May 14, 2013 |
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