The gold stocks are really a mixed bag. Some companies will go belly-up and others will survive. Those with big debt positions should stay far away for as interest rates rise, they will get into a lot of trouble. For now, the London Gold Mines have made a seven-month rally. We have a Monthly Bearish […]

Those who purchased this year’s 2016 Gold Report will receive the second video next week. This video will include gold and silver. Those interested in purchasing the 2016 Gold Report may do so now.

Next week, China will begin its competition with London & New York and attempt to create the equivalent of the London gold fix but in Chinese yuan on April 19th. Of course the gold bugs are misrepresenting this as some dollar killer. Top Chinese banks, alongside Standard Chartered and ANZ, will be among 18 members […]

    On Monday, the U.S. Department of Justice announced that Goldman Sachs has agreed to plead guilty again and will pay $5.06 billion for its role in the 2008 financial crisis. The settlement, over the sale of mortgage-backed securities from 2005 to 2007, was first announced in January. Of course, none of the bankers will […]

Private Blog

Private Blog Update

You really have to question what Trump was thinking when he commented that he supports punishing women for having illegal abortions. Of course, he has now come out and reversed his stance after saying women who undergo the procedure should face “some form of punishment” if doctors are outlawed from performing such procedures. Legally he would be correct […]

Private Blog Post Inside Socrates for Gold & Next Week’s Price Action

Goldman Sachs is at the center of a probe into the rigging of U.S. Treasury Auctions, which was the same allegation that resulted in the Treasury shutting down Salomon Brothers in 1991. I wrote about this incident when Salomon was caught. The fact that such rigging in commodities markets was standard for decades was common knowledge. When […]

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