We do not engage in any “predictions” of what the market will do as it is an exercise in ego and folly, and a waste of time. One need only go back to those who are making predictions for 2015 and read what was predicted for 2014 for proof. All we can say is that little can be added to what has already been said and that is that the trend remains down in gold, and until there is evidence of a strong reversal, this market continues to move along the Right Hand Side of a weak Trading Range.
Read More »Noonan on Gold & Silver: “Markets Don’t Lie & Opinions Don’t Matter.” These Charts Tell It Like It Is (+2K Views)
We choose to focus on the charts because a reflection of developing market activity tells the most accurate and current story. It is not a promising one heading into 2015, however, but it is reality, and to expect anything else will lead to the same disappointments of 2013 and 2014. Forget the ego-driven predictions that have all proven wrong again and again, and deal with what is - and this article deals with what is by looking at the charts.
Read More »Now’s the Time To Buy the Better Mining Stocks – Here Are 3 Major Reasons Why
There is compelling evidence that the gold mining sector is either at, or very close to, a major bottom, and the chances are high that the sector will rally strongly this year. Here's why.
Read More »Financial Entertainment: Could Some of the Gold At Fort Knox Be Radioactive?
The movie Goldfinger, in which James Bond stops a plot to radiate the U.S. gold at Fort Knox, may actually turn out to be more truth than fiction. Why? Because there is speculation that some radioactive gold made its way into U.S. Treasury Gold Reserve. Let me explain.
Read More »Gold & Silver Use Unique “Troy” & “Karat” Measurements – What Do They Mean? (+6K Views)
You have no doubt read countless articles on the price of gold costing x dollars per "troy ounce” or perhaps just x dollars per "ounce" but the difference between the two measurements is significant. For that matter, what’s the difference between a 24 karat gold ring and an 18 karat gold ring? Let me explain. Words: 963
Read More »Is Fed’s Tapering Causing the Stock Market to Begin to Tank (Again)? Will the Fed Back Off (Again)? (+2K Views)
Hardly anyone thought the Fed would fulfill their plan to stop monetizing the country's debt - and absolutely no one thinks they’ll succeed if they do - but the Fed is acting like it’s serious. The Fed has stopped adding and started subtracting - the money supply is falling - but will this cause the stock market to begin to tank like it did on the last two attempts causing the Fed to relent?
Read More »Does What Happened in 2014 Refute, Or Just Delay, the Gold-bug Case?
12 short months ago, the immediate future looked like a lock yet 2014 turned out to be a pretty good year for the powers that be and the economic theories that animate their behavior. 2014 should not have happened, but it did, and now the sound money community is left trying to figure out what it missed and, crucially, whether what happened refutes the sound-money/gold-bug case, or simply delays it. This article has the answer.
Read More »Harry Dent: $250 – $400 Gold Coming! Really?? (+2K Views)
I must take Harry Dent to task regarding his adamant call of $250-$400 gold...In my mind he is dangerously "DELUSIONAL" because following his advice will place you in grave danger. Here's why.
Read More »Analysts Predict the Party Will Keep On Going in 2015! Here Are the Details
10 of the top analysts from the mainstays of Wall Street made predictions to Barron’s in an annual December survey. Their expectations for 2015? The party will keep on going. Here are the details.
Read More »Noonan: Gold & Silver Will Remain Weak Due To This Factor (+2K Views)
2014 is ending unexpectedly for PMs, considerably weaker than what most thought would be sharply higher prices. Based on what the charts are conveying, at least the initial part of 2015 will not fare much better. Supply and demand are not the driving factors - world financial dominance is [and most]... PM “experts” are not focusing on this aspect. [Let me do so and show you how such a factor is the price trend in gold and silver in the charts provided.]
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