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Back to the Future

Of course Back to the Future was the name of a very popular series of movies. But in reality, Einstein believed that the Future, Past, and Present were all simultaneous. That is a hard concept to get you brain around, but the FUTURE is indeed merely a repeat of the past – no different than […]

Stimulated/Austerity

Stimulated/Austerity No matter what culture we talk about, it always fights the last war. Germany is scared to death about hyperinflation since that was its experience after the Communist Revolution in 1918 during the early 1920s. The United States has been scared to death about another deflation as in the Great Depression and chooses to […]

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 […]

Corzine & Futures

“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 […]

Failure to Understand the Commodity Market

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 […]

Myth of the One-Sided Trade

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 […]

Metals Still Poised For Major Decline? How Markets Really Move

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 […]

Metals Data Calculation

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 […]

Inflation v Deflation Definitions

Question: if the world goes into deflation around the 2016 date, how will commodities                  rise??  ( hoarding ) How will they pay the mines without a money system?? Answer: There are several types of inflation such as: (1) currency inflation whereby prices rise NOT because of an increase […]

Metals

Both gold and silver are flirting with key numbers for today’s close. In gold it is 1405 and in silver it is 23.21. Closings BELOW these numbers today leave these markets still vulnerable to a further drop for the next 2 weeks. Keep in mind that the intraday low was Tuesday in gold at 1321.5. […]