Author: JOHN RUBINO Some readers responded to last Wednesday’s post on gold’s trading pattern (Gold: Resistance Is … Finite) with shock that I didn’t know gold is a manipulated market where technicals don’t matter. This gives us a good jumping-off point for a look at several forms of gold manipulation that have been practiced over the years: Wall Street traders use[...]
Category: Opinion
Why is Gold Outpacing the Stock Market?
"Gold tends to outperform stocks during periods of fiscal and monetary expansion, price instability, and periods of geopolitical conflict and uncertainty. As such, one might wonder if gold might be the outperformer for the remainder of the 2020s." https://www.youtube.com/watch?v=4TziZGYXl-0 Source: cmegroup.com/openmarkets/economics/2023/Why-Is-Gold-Outpacing-the-Stock-Market.html [...]
Buy Gold Now Or Wait?
Should you buy gold now? Or, should you wait? The pat answer is "it all depends"; which is true, but, it’s an inadequate answer. A bigger problem might be the question itself. Why would someone who is planning to buy gold now decide to wait? Some people might hesitate because they haven't seen the price action they expected. For others, it might be a lack of[...]
What Gold Needs
"Gold needs weak economic data as a catalyst to push prices higher..." trumpeted a headline this past weekend. In a similar vein is the oft stated claim that "a recession is good for gold". Several months ago, someone said that all gold needed to move to new highs above $2000 was lower inflation numbers. Earlier this year, the supposed "catalyst" for higher gold[...]
Central Bank Gold Demand Is Even Stronger Than It Looks
Author: JOHN RUBINO When sales are actually purchases Central banks have morphed recently from net sellers of gold to increasingly aggressive net buyers. And the buying is even more aggressive than it seems. Here’s the story in three charts: When the global financial system nearly imploded in 2008, central banks stopped selling gold and started buying. To put this buying[...]
Some Needed Perspective on Gold and Silver
As the prices for gold and silver continue to vacillate, investors and others who are price dependent might find themselves a bit anxious regarding both metals lack of obligatory action to the upside. One of the most oft-stated arguments in favor of higher prices for gold (particularly) and silver is their presumed sensitivity to inflation. Simply stated - as inflation gets worse, the[...]
Four Signs The Economy Is In Decline
IS ECONOMIC GEAR STUCK IN REVERSE? It is one thing to complain that the economy is not growing, or, that economic activity is slowing; but the charts below indicate something more serious. Economic activity is in decline and the decline might be accelerating. First, lets look at industrial production... Industrial Production Real output for all facilities located in the[...]
Too Soon For New Highs In Gold
NEW HIGHS IN GOLD Anticipation for explosive new highs in gold has risen sharply since last fall. After rising above $2000 earlier this year for the fourth year in a row, the gold price has dropped back to the mid-$1900s and continues to tease investors with somewhat lackluster performance. Regardless, we need to be clear about the expectations for the price of the yellow metal. The [...]
Stock and Bond Expert Makes Case For PMC Ounce and Gold – National Debt A Key Price Driver
Macroeconomic and geopolitical conditions have investors bewildered. Events which are unfolding look like they may crush the valuations of several asset classes which had enriched investors over the past decade. To help give us some direction at such a time, Neptune-GBX is pleased to share the insights from a market veteran and visionary who forecast the financial crisis of 2008[...]
Fears Of Recession Support Gold Price??
It is time to set the record straight - again... A recession, no matter how severe, will not have any appreciable effect on the gold price. A recession is a period of weak economic activity. Recessions can be accompanied by a weaker dollar; however, that is not usually the case. In fact, severe recessions and economic depressions can trigger deflation. In those cases, it means a[...]