Gold tumbled about 3% after positive US jobs data sent the dollar rallying and rekindled worries the Federal Reserve could be tempted to scale back its monetary stimulus later in the year. I have warned that the US economic outlook is bullish into 2015.75. The dollar will rise and that will help turn the US […]

One reader writes making a statement that clearly we are so influential and that is why only a fool does not read our work. Some people assume simply because I said Friday was a low in gold and we should get a 3 day reaction rally and it does, that this is all influence. This […]

 Dancing with the 800 Pound Gorilla The strangest part of my own case was the fact that anyone who has ever attempted to go after Goldman Sachs & crew of Investment Bankers, has strangely encountered the heavy hand of government that is used to protect them resulting in the New Your Investment Bankers being called […]

As we have stated, Friday was the target day for this week. Gold fell so far to 1179.4 about $20 above the first support zone. A 3 day reaction into next week should develop before resuming any decline.

  The Rupee has fallen sharply against the US dollar as volatility rises. The current account deficit jumped largely because India’s gold purchases rose from 90 tons to 300 tons as the price collapsed. But this led to India imposing more tariffs on the importation of gold stopping the buying and contributing to the collapse […]

QUESTION: I understand now what you have been trying to explain about gold and have suffered the slings and arrows from the Goldbugs. They have been totally discredited and you are right in saying they are not real analysts. That is why they stopped quting you. The target you gave of 1150 you said was […]

QUESTION: If Europe is going down the drain before the US (the lack in confidence in EU governments), isn’t it expectable that the gold price will rise in Europe first? If that isn’t so, will the dollar always be the first refuge and gold the last one, rising only after the US collapses? Thank you […]

QUESTION: If money was gold we would not have inflation. Why do you disagree with that? Do you like inflation? ANSWER: Sorry. Even when gold was money in coin form there was inflation. The economy rises and falls. That is the Business Cycle. Those who advocate the Gold Standard have never invested what they claim. […]

The number one story has been that the Fed is printing money, it will be worthless, and you have to buy gold. Sorry – way too simplistic. This has been said by the vast MAJORITY becoming one of the most common pieces of investment advice of recent years – just buy gold. The Goldbugs have […]

Goldman Sachs – a bank ruling the world  The decline and fall of New York City as the financial capital of the world losing that distinction to London with Hong Kong nipping at its heal for 2nd place, the corruption within NYC is tainting the image of the United States right down to the Presidency. […]