Is it time to throw in the towel? Is the bull market in precious metals really over? I don't think so because my analyses suggest that nearly all of the fundamental factors that have been driving the gold price higher in the past decade have only strengthened in the past two years. Now that the correction has most likely run its course, I expect gold to bounce sharply higher. Here are 10 reasons why.
Read More »Where On Earth Is the World’s Gold? (+2K Views)
Within the planet’s crust, there is only 1 gram of gold for every 250 tonnes (550,000 lbs) of earth. Gold’s rarity means that finding economic deposits is extremely difficult. To understand how gold mining and supply work, we must first unearth how gold deposits form. This infographic, part two in our 2014 Gold Series, covers the full supply picture behind the yellow metal.
Read More »China GROSSLY Understates Its Gold Reserves! Here’s Why & What They REALLY Are (+3K Views)
Today China came out with their Central Bank Gold Holdings reporting 1054 tonnes but this is impossible. Here is why.
Read More »Physical Gold vs. Black Gold: A Comparison (+2K Views)
Since gold is physical liquid money and oil is an essential commodity for the economy, it is normal that they correlate negatively in real prices. When the economy goes well, demand for oil increases, whereas demand for gold diminishes. However, if inflation hits, the nominal prices of both assets increases at the same time with inflation
Read More »Noonan: “Gold Ain’t Going Higher – At Least For the Short Term” – and Here’s Why (+2K Views)
Does the fast-fading world reserve currency [the USD] look like it is collapsing? A look at the performance of the U.S. Dollar Index does not suggest that it is, weak as it is. If the fiat dollar is not in danger of imminent “collapse,” or even breaking down, then gold does not have this event as an impetus for rallying higher. [Frankly speaking,] until that changes, gold ain’t going higher, at least in the short term.
Read More »Expect Gold to (Only) Drop to $1,150 by Mid-2014! Here’s Why (+4K Views)
The gold price will likely decline to $1,150 next spring but should find enough buyer support from physical buyers and jewellery makers to prevent a fall below $1,000.
Read More »Gold? What Gold? The Great 56:1 Imbalance (3K Views)
So you think you own some gold because you own a gold ETF. Right? Think again! At best you share your gold with 55 other supposed "owners" What a sham the gold market is. An utter sham! Here's why.
Read More »What’s the Meaning of “Backwardation” & What Does It Mean For the Future Price of Gold? (+2K Views)
The implications to the gold price when backwardation appears are widely misunderstood so I have prepared this brief note to explain backwardation, of which there are two types – money backwardation and commodity backwardation - and, as I explain below, both apply to gold.
Read More »Noonan: Charts Suggest NO Ending Price Action In Either Gold or Silver – Take a Look! (+2K Views)
Not one Precious Metals guru has gotten anything right in the last 18 months. All have been calling for considerably higher prices. Over the past several months none called for sub-$1,300 gold and sub-$20 silver. Crystal balls do not work and never have. When it comes to markets, anything can happen [but the charts convey that] there is no apparent ending action suggesting a selling climax or even a cause for a reaction rally. Take a look.
Read More »Paper Gold Being Sold & Metal Gold Being Bought – Here’s Why It Makes Sense
The price of gold is going down. That is what the charts, newspapers and pundits are all saying...[but what] they are deliberately not saying is that the value and desirability, as opposed to the price, of gold is going up and will go up further. Make no sense? Well I think it does..[Let me explain.]
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