QUESTION: If Gold is a hedge against the Governments, and the markets are never wrong, given that its in a downtrend since 2011, can question that the Governments (especially the West) have been doing the proper things this time frame / or following an evolution path?” ANSWER: It depends on what you call “proper”. Everything […]

The rise in gold coin demand at the Australian Perth Mint and the US Mint as well as in Canada demonstrates the underlying long-term bull market should remain intact. It is coin rather than bullion you should stick to when you are talking about physical purchases. Nevertheless, from a market perspective, the gold bounce is […]

“Martin, I have worked in the futures market for 20 years and what a great business! Unfortunately, Corzine turned up and destroyed our “Sleepy futures operation and hell.. what do they know….. I am an ex GS CEO…”. – Let me tell you for the record, he bought Greek bonds in size in 2010!! “Mr […]

Some people are just so hung up on this idea of selling paper gold they only try to explain the decline as false caused solely by paper shorts. Sorry – it does not matter! That is the nature of all futures markets. It is merely another twisting of facts to try to explain why a […]

One of the critical factors that contributed to the collapse of Empires, Nations, and City States is when the Rule of Law collapses. Some have asked where they can read more about jurisdiction and the Rule of Law. William Blackstone published in 1765 the seminal work on this subject. His writing served as the foundation upon […]

I can think of nothing more than the single greatest nonsense that has frustrated me for decades – the MYTH of the ONE-SIDED TRADE. As I have stated at seminars around the world, there is this prevailing myth of some HUGE short position that forces the market down. In gold, there is the mythical short […]

The support on the June Gold is 1403 both intraday and on the close. A break of that area will begin to warn of further weakness. Keep in mind, that even going sideways into next week is a weak bullish trend that would forewarn of a serious change to the downside thereafter.The shocking aspect of […]

We have been using the CSI Perpetual Contract. Friday that showed: Future #867 GC21103P: Perpetual Contract® of Gold-COMEX(Floor+Electronic Combined), Future #867 GC21103P: 20130419, 201308, 1396.1, 1425.1, 1388.4, 1397.2 Future #868 SI21103P: Perpetual Contract® of Silver-COMEX(Floor+Electronic Combined), 20130419, 201307, 2336.5, 2384.0, 2299.7, 2304.1, 2304.2 The great difference between the time used for the open outcry and […]

Napoleon Bonaparte’s contribution to government structure & politics: “If you wish to be a success in the world, promise everything, deliver nothing.”  

The next important turning point will be the week of the 29th. Using the Globex rather than the CSI perpetual synthetic contracts, we did not elect the reversals on Friday. Basis the May in Silver, we need a daily closing above 23.98 to infer a temporary low and a rally will unfold first before a […]