Saturday , 19 August 2017


Gold

Gold Setting Up To Bottom; U.S. Dollar Setting Up to Crash

Gold-bars-on-100-and-50-dollar-bill

The next black swan is already staring us in the face. It's out of control currency debasement and it's going to be a collapse in the purchasing power of the US dollar. [After all,] does anyone seriously think that we can print trillions of dollars out of thin air for five years and not eventually have something bad happen?

Read More »

Noonan: Charts Say NO End In Sight for Decline In Gold & Silver Prices

171686-gold-silver-bars

No matter what the latest “news” development is for PMs that paints a rosy picture, those in the fundamentalist camp are looking through rose-colored glasses to expect change in the near future. The charts for gold & silver continue to tell a more accurate story that belie all known fundamentals, and the charts shown here depict a market in decline with no apparent end in sight.

Read More »

Noonan on Gold & Silver: “When Fundamentals Fail, Charts Prevail” & This Is What They’re Conveying

171686-gold-silver-bars

Fundamentals are relative, charts are absolute. They accurately reflect all that is going on, regardless of reasoning/motivation and...right now, the charts are letting us know that higher PM prices are unlikely to occur anytime soon. Barring some kind of “overnight surprise” that will shock the markets, odds favor lower prices over higher prices unless and until demand shows up in chart activity.

Read More »

China Converting U.S. Dollar Debt Holdings Into Gold At Accelerating Rate

171686-gold-silver-bars

China, Russia and other nations are exiting their dollar-denominated holdings in favor of gold. This action should put pressure on the dollar and U.S. treasuries, pushing not only central banks, but mainstream investors towards the safety of precious metals and other tangible assets that cannot be defaulted on. There will be a rush out of dollars and into assets with no counter-party risk, it is just a matter of how soon it happens.

Read More »