Gold Caught Between a Cliff and a Hard Sell - November 14, 2012 23:24

Anyone casually watching Gold over this past week would not believe that there was anything significant happening.  But, as we all know appearances can be deceiving.  Right now, the illusion is being foisted onto the market that the fair value in Gold is around $1725-1730 per ounce.  Of course, this is patent nonsense but that […]

Changing of the Smartphone Guard? - November 12, 2012 23:08

With the news — well, the source is Digitimes so salt to taste — today that Apple is already working on the iPhone 5s and it will be ready by Q1 2013 it should highlight just how much trouble the purveyor of all gadgets cool and hip may be in.  The need to turn their […]

Fiscal Cliff Headilnes Continue to Reveal Fed Strategy - November 12, 2012 22:53

Extend and pretend is the phrase that will be written on the tombstone of the early 21st century governments and central banks.  that is all they can do at this point.  Since announcing QEIII back in September the Federal Reserve has not actually begun printing and more than the E.C.B. has.  The E.C.B. has the […]

Gold Completes the Turnaround, Closes over $1730 - November 10, 2012 0:36

It was quite a week in the Gold pits.  After Friday’s rout where $1680 was violated, throwing a very bearish signal last week, the bulls began the week in full retreat falling back to $1672.50 where they dug in and forced the speculative shorts to begin covering.  This ground higher all through Monday and Tuesday […]

Gold Surges on Inflation Expectations - November 8, 2012 23:50

The yield on a 10 year TIP securities dropped to -0.80% yesterday and in doing so sent Gold back over $1700 ounce towards $1720.  Today the 10 year TIPS yield dropped to -0.85% and that sent Gold rocketing through last week’s high of $1731.75 to over $1743 per ounce.  Inflation expectations are rising rapidly and […]

Commodities Taken to Woodshed In Election Bloodbath - November 7, 2012 22:11

Equities have put in one of the worst days they’ve had in months today on the news that Barack Obama survived his recall vote yesterday.  Tax rates on dividends and capital gains are likely to rise and the fiscal cliff is approaching rapidly.  The truth is that there was little substantive difference between the two […]

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 […]

Right on Schedule, Gold Busts Back Through $1700 - November 7, 2012 0:22

You know, it’s getting a little silly to be honest.  I really wanted to believe that the Gold and commodity markets were not being manipulated down before the U.S. presidential election but after today’s action in the markets it is hard to not believe it. After grinding inch by inch higher for near 48 hours […]

Apple’s Push Towards Full Mobile May Leave Intel Behind - November 6, 2012 0:32

There’s a report that Apple is working on a version of an ARM SoC that could replace Intel chips in their full service Macs.  Since iOS and OS/X share the same code-base, similar to Windows Phone 8 and Windows 8 from Microsoft, creating a port of OS/X to run on the ARM architecture is not […]