We are at last starting to shake the weak longs out of the tree. So much for fiat and other nonsense. The largest short in history is to be found in the dollar. This is a global economy, and that is not limited to the Fed and NY banks. Neither are capable of manipulating this […]

Several lawmakers in the United States are now considering making gold and silver coins legal tender amid fears that the Federal Reserve’s monetary policies may result in a considerably drop of the dollar value. Arizona is the main state pushing for residents to be able to use bullion as rightful currency, but several other states are […]

The story of ABN Amro ceasing delivery of precious metals it had previously offered to its Dutch clients regarding gold, silver, platinum and palladium, had been an agreement with Deutsche Bank Netherlands, who suspended that agreement. The change only impacts those in Holland and has nothing to do with paper contracts that exist in every futures […]

Gold is still in a basing phase. The interesting thing is how some have sold this market as the single exception to everything in the world and how it can only rise. Gold is a tiny fraction within the scheme of the global economy. It really is no longer relevant for in case you haven’t […]

The main reasons for gold’s decline are laid out in the mining industry news. They see a bear market begin at $1520. This is the other side of the hype. http://www.mining.com/its-official-the-gold-market-is-in-recession-heres-why-60695/?utm_source=digest-en-mining-130331&utm_medium=email&utm_campaign=digest

1. You have been pretty consistent in your position that gold is yet another commodity with business cycles affecting it as much as corn or copper and therefore a gold standard would never work. But wouldn’t you agree that at the least a gold standard would serve as a speed bump on government’s constant expansion […]

The man who sparked the tea party turns on gold taking the position that the days of Ayn Rand are over. In a world of just electronic money, what will be left? Interesting question to ponder. http://www.mining.com/they-securitized-it-the-man-who-sparked-the-tea-party-turns-on-gold-93605/?utm_source=digest-en-mining-130328&utm_medium=email&utm_campaign=digest

No matter what the news, the goldbugs find a way to constantly talk a market up detached from all reality. One reader wrote: “Now they way they’re spinning this is that the confiscation of deposits is all being done to encourage people to take their money out of banks and thus increase the velocity of […]

The dollar is not sinking and will actually rise on geopolitical concerns as the safe harbor in  tempest of conflicting trends. Keep in mind that the majority of people who put themselves out there as analysts only focus domestically. They analyze everything as if all roads lead to Washington. That myopic viewpoint is why they […]