Bonds Finally Begin Calling Bernanke’s Bluff - May 22, 2013 23:15

Look, for months the Fed has been trying to have its cake and eat it too.  Every other day it seems we are treated to another pronouncement from a U.S. central banker which is intended to keep the market guessing about its intentions to end the bond-buying program known as quantitative easing.  All of this […]

Gold Continues to Fail at $1400, No Momentum Allowed - May 22, 2013 0:52

On a day where FOMC chairman Ben Bernanke was testifying there was little hope that there would be any upside breakout to the price of gold.  We had two other Fed governors come out to talk up and down the efficacy of quantitative easing and a continuation of mad hedge fund shorting at lower price […]

Gold and Silver Continue to Build New Base - May 7, 2013 2:09

From the bullish perspective Gold and Silver are both continuing to hold onto gains made after the historic — and wholly manufactured — crash that occurred between April 12th and April 15th.  In a story that is beginning to sound like that of the movie “Groundhog Day” gold gave back gains made over night selling […]

Silver Continues to Trade Sideways - February 7, 2013 0:09

Silver has been capped all week below $31.85 per ounce.  The apparent situation for March delivery could be explosive especially considering that physical investment demand in the U.S. hit an all-time high in January.  People love silver at this price.  It represents one of the few undervalued assets in this new QEternity environment. One of […]

Election Changes Little, Gold Goes for a Ride - November 7, 2012 21:56

The U.S. elections last night proved to be a whole lot ofsound and fury signifying very little.  From a tactical standpoint the GOP got its head handed to it on a fiat money platter.  Their strategy was to sacrifice the presidency by running an empty suit in Romney and use the voter outrage to win […]