Gold & Silver

The U.S. Dollar is being very aggressively devalued in a parabolic...[manner] as we enter the final stage in the paper currency cycle. The government needs Gold to go vastly higher so the budget can be balanced after all of the paper promise debts are added to the balance sheet. Interestingly, Michael Belkin, arguably one of the best analysts in the world, expects earnings for companies to plunge this year causing the DJIA to crater about 30%. This fits with the kind of correction in the now high flying DJIA that we have discussed per the late 70’s charts where Gold and the Dow would meet between 10,000 and 12.000. Words: 1022

The price action in gold and gold miners over the past six months has many investors turning their back on the precious metal. Gold fell below $1,600 last week to reach a six month low, prompting many to step back and wonder aloud if the precious metal's decade long bull market has officially come to an end. With the price of gold now back to where it was in July of 2011, it's time to decipher whether this is a buying opportunity, or time to head for the exits.

When are Gold and Silver going to start a huge parabolic move up? I, personally, think that we are sitting at the cusp [of such happening] as we speak on an intermediate-term basis....Below are... the fundamentals and technical set-up [to that end].

I view the current market weakness in gold, coupled with the pullback in trader positions, as a shorting opportunity which is strong in terms of reward vs. risk. I have come to that conclusion by questioning the assumptions that many make about it, isolating its fundamental drivers and providing a trading recommendation as to where I believe the price is headed in the future. Let me share my analyses with you. (Words: 1440; Charts: 4; Tables: 1)

With growing global demand and declining mine grades commodity prices continue to rise. As such the exploration for minerals is taking on both new heights and new depths. This infographic outlines 5 of the most far-reaching and interesting ways of exploring for mineral wealth.

There is an increasingly disorderly currency war going on out there, and the advantage of gold is clear-- they can't print it, they can't default on it, and there will always be demand for it. Simply put, in the global currency wars, owning gold is like abandoning the battlefield altogether. Words: 270; Charts; 2

Gold investors often fail to watch the Federal Reserve with enough attention to detail and can miss buying opportunities like the present one, as a result. The case for gold is as strong as ever and I outline in this article why with details you're unlikely to see anywhere else. Words: 775; Charts: 6

Just as US investors are advised not to fight the Federal Reserve, gold investors worldwide would be well advised not to fight the Government of India. India is the world's largest gold consumer [and their intent on curbing gold imports by any means necessary could have a negative effect] on world gold demand [and, as such, most likely, on gold prices. IMO,] at best, we will see a sideways market in the price of gold in 2013, and at worst, this will be the year when gold prices start the inexorable drop.

The U.S. Dollar Index is made up of a basket of [6] currencies that are, themselves, not static and, indeed, are involved in various forms of debasement as nations have taken the view that a weaker currency will boost their exports. As each nation enacts such policies, the result is gridlock, as every action taken to weaken one's currency is neutralized by a similar action taken by the competing currencies. That is currently what is happening with the constituents of the U.S. Dollar Index and why, as such, the U.S. dollar has not weakened. [Given the fact that] gold tends to have an inverse relationship with the dollar, and has increased when the value of the dollar has declined, we could, as a result, continue to see a capping in the advance of gold prices, at least in dollar terms. [Let me explain in further detail.] Words: 804; Charts: 1

My forecast — despite all the hate mail and pressure I get to change it — has not changed. Based on my systems and models, I will not turn bullish on gold until either spot gold has closed above $1,823 an ounce on a weekly and monthly basis - or gold cracks the $1,527 level and plunges to the $1,400 level or a tad lower. I know that’s not what you want to hear. I know that you are as eager as I am to see the next leg of gold’s bull market begin....[but its] time to shine is not here yet. It will come again so stay the course, build up your ammo, and be ready to pull the trigger when I issue a headline like “Back Up the Truck, NOW!”