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<h1 class="entry-title">Category: Gold Market Discussion</h1>
23 Apr

2019 World Silver Survey Results

Demand Up! Supplies Down! Today, we glean some information from the new World Silver Survey 2019.  The annual report, released this month, is produced by The Silver Institute, a trade association. The Survey notes several significant silver supply/demand developments last year.   Total silver demand rose 4 percent to 1.0335 billion ounces in 2018.  This […]

22 Apr
confrontation with Iran high gas prices

Temperature Rising in the Persian Gulf

The U.S. confrontation with Iran continues to escalate It is still mostly a war of words, but we are inching closer to something else.  The risk of an incident, even an accident, is rising.  A military engagement of any sort in the shipping lanes of the Persian Gulf is all it would take to kick […]

15 Apr
the fed bubble

The Fed Bubble

Recessions, depression, and destroying 96 percent of the dollar’s purchasing power. Yes, the Fed’s track record is pretty bad. But the Federal Reserve is good at one thing:  Creating bubbles.  Like the dot com bubble and the housing bubble. And now the Fed’s massive money printing, pumping trillions to Wall Street, has created the biggest […]

12 Apr
helicopter money

Helicopter Money

Dropping Soon from a Sky Near You? We know what the Fed will do.   We just know don’t know exactly when and by what means. The Federal Reserve will inflate.  It will print money.  It will debauch the currency.   It will do what it has always done.  That is the source of its […]

09 Apr
China gold buying spree

The Gold Buying Spree Continues

China is Serious About Gold For the naïve mind there is something miraculous in the issuance of fiat money. A magic word spoken by the government creates out of nothing a thing which can be exchanged against any merchandise a man would like to get. How pale is the art of sorcerers, witches, and conjurors […]

07 Apr

Your Share of the National Debt

It’s the Titanic and the Iceberg- Full Speed Ahead. Icebergs aren’t the only things that are 90 percent underwater. So is the US national debt. The visible national debt is more than $22 trillion.  That’s the part that everybody knows about.  If you ask Google, it says $22 trillion.  If you walk by the US […]

04 Apr
Student Debt problem

Student Loan Debt

Student debt is a ball-and-chain for the economy People with homes in forested areas know to remove dry brush from around their homes during fire season. There’s a lot of dry tinder, fuel to feed a conflagration, around the US economy now.   And it’s not being cleaned up.   It’s growing. One of the […]

04 Apr
Gold Bars and Nuggets

Gold (Information) Nuggets

Here are some quick gold facts… Today some random facts about gold and the gold market, valuable little nuggets of information gleaned from World Gold Council research: Gold Outperforms Paper Money “Over the past century, gold has greatly outperformed all major currencies as a means of exchange. This includes instances when major economies defaulted, sending […]

31 Mar

How to Acquire More Gold with Ratio Trading

Put the Gold to Silver Ratio to Work If you will spend a minute or so on the following story problem, I will share with you a secret that professional traders, dealers, and investors use to grow their precious metals holdings. 1- Bill has 10 ounces of gold. 2- He agrees to trade it for […]

28 Mar
gold charts up

Reason #4,397 to Own Gold

Reason #4,397 to Own Gold They just never stop.  The people who want to control your life, your money, and your wealth, that is. They never stop! After watching the authorities destroy 96 percent of the purchasing power of the dollar, after watching all the bubbles they inflate that then pop in a spectacle of […]

26 Mar
$10,000

$10,000 Gold?

When the US Defaults… Well. The conversation is certainly changing.   Not so long ago the suggestion that the US might default on its debt was considered slightly reprehensible in mainstream circles. But we noticed an article on Fox Business News the other day from the principal of a Dallas investment firm asking just how […]

24 Mar
The Doom Loop

The Doom Loop

Washington has us in the “Doom Loop” Call it what you like.  A vicious circle.  A downward spiral.  The point of no return.   I prefer to call it The Doom Loop. Here’s an example.  Suppose your business has to borrow a dollar to make 90 cents.  You’re headed for big trouble. Here’s a better […]

22 Mar
now is the time to buy gold bars

Mish Calls for Gold Before Dow’s 460 Point Drop

Now is the time to buy gold! One of our favorite market commentators, Michael “Mish” Shedlock from Global Economic Trend Analysis, cut right to the chase this week. “Buy gold,” said Mish.  That was on Wednesday, two days before the Dow’s stunning 460 point drop. Mish was watching anomalies in the interest rate market.  Wall […]

19 Mar
Jamie Dimon

Left Behind

The Decline of the American Middle Class We don’t often find ourselves citing the CEOs of America’s biggest banks.  Between the bankster bailouts and the way the Fed has stovepiped wealth to the canyons of Wall Street, it’s clear that their influence peddling and cronyism has helped them at the expense of the people.  Their […]

15 Mar
Whos buying billions worth of gold

Who’s Buying Billions of Dollars Worth of Gold?

The answer is the central banks of governments around the world.  They are on a gold-buying spree!   And they are using money they used to keep in US dollars.   We think they know something most people don’t know.  In fact, we’ve seen this pattern before.  Let me explain. The World Gold Council reports […]

14 Mar
debt black hole

It’s When…Not If

Why a Crisis in Inevitible Everyone knows – perhaps I should say “every thinking person” since there are some in Washington who don’t actually know and therefore should not be accused of thinking – that the US debt can’t keep growing forever. When the day arrives that it is evident to all that the US […]

10 Mar
david stockman

News Bullet Points that Matter Right Now

Next week on KFYI in Phoenix, I am beginning a series of radio commercials to alert listeners to some of the major economic events taking place around the world. These events will have a powerful impact on gold and silver.  You can listen to a preview of that here: These special messages are addressed to […]

06 Mar
dominoes falling

Counterparty Risk

One thing about gold, a defining characteristic that cannot be emphasized enough, is that it does not rely on some one else’s performance or promise. Gold can be physically held in your hands, under your own control. There can be zero separation between yourself and your wealth– no banks to rely on, no brazen boardroom […]

05 Mar
Bryce Harper Tax Benefits

Bryce Harper Escapes Taxifornia

An American Tale Today, with a socialist juggernaut loose on the land, here’s a story that I am afraid will soon become as all-American as baseball itself.   Even casual sport fans by now know that 26-year-old right fielder Bryce Harper just signed a record busting 13-year, $330 million contract with the Philadelphia Phillies. We’ve liked […]

01 Mar
the debt ceiling

Return of the Debt Ceiling

We’re back in the debt ceiling zone again. In February 2018, Congress suspended the US national debt ceiling, the statutory limit on how much money the government is authorized to borrow, until March 1, 2019. It was the tenth time in the last decade the debt ceiling was suspended. At that time the debt ceiling […]

28 Feb
Warren Buffett Says

Warren Buffett Says…

Smart (and obvious) investing advice: When Warren Buffett speaks, you listen. Something Warren Buffett said the other day caught our attention.   In a CNBC interview, Warren Buffett warned companies to avoid states with unfunded pension liabilities.   It is sound advice.  And it has implications for individuals as well. Unfunded public pension liabilities are […]

27 Feb
Federal Reserve Eagle

The Precarious Fed

Do You Really Think This Can End Well? We do occasionally run into someone who doesn’t understand our beef with the Federal Reserve. You would think having destroyed 96 percent of the dollar’s purchasing power since it  went into business in 1913 would be reason enough to be dissatisfied with the Fed.  Not to mention […]

22 Feb
rising interest rates

The Fed and Rates

Fed Chairman Powell Reconsiders Interest Rates “In trying to explain the complexities of interest rates, inflation, money and banking, exchange rates and business cycles to my students, I leave them with this comforting thought: Don’t blame me for all this, blame the government. Without the interference of government, the entire topic would be duck soup.” […]

20 Feb
gold bars stacked

Certain Uncertainty

Gold Continues to Rise Reporting on a $23 jump in the price of gold the other day, The Wall Street Journal headline read, “Gold Surges on Elevated Geopolitical Uncertainty.”   We stopped right there. When a market makes a big move – any market, stocks, oil, bonds, gold – financial writers have to explain it.  […]

19 Feb
American debt

Debt Binging: Part Two

Now That We’ve Passed $22 Trillion… At $22 trillion of debt, the benchmark the US government hit just days ago, we’re up in the nose-bleed section somewhere.   Just how bad is it?  In an earlier post we pointed out that the trillion dollar debt the US added in just the last eleven months was […]

15 Feb
US Debt

U.S. Debt Breaks $22 Trillion Barrier

Debt Binging! We can’t let this benchmark event pass without remarking on it.   The US national debt hitting $22 trillion, I mean. It’s quite an achievement.  All of that money, all $22 trillion of it, had to be borrowed.  And borrowed it was, despite the fact that every lender knows it can never be paid […]

14 Feb
Central Bank of Russia

More on the Central Bank Gold Rush

Central Banks Continue the Gold Rush The importance of the rush of the world’s central banks to buy gold cannot be over-emphasized.  After all, how could a class of gold buyers that already own 30,000 tons of gold and are intent on acquiring more not deserve our full attention? We think that this move to gold is a […]

12 Feb
Turkey

Monetary Scapegoats

We spotted a foreign news story the other day that is right out of the paper money fraudsters’ playbook.  We wanted to highlight it for you because it is a play that governments and central banks run again and again, seeking to deflect blame from themselves for their destructive practices. Turkey’s monetary policies have been […]

09 Feb
Gold and silver

The Bullish Picture of Gold and Silver

Just over two weeks ago gold broke through the $1,300 per ounce level.  At the time we described for you the technical picture for gold, writing, “Gold’s bullish outlook is also confirmed by a look at the charts.  This week gold’s closely watched 50-day moving average broke above its 200-day moving average.  This ‘crossover’ is […]

07 Feb
shelter from the storm

Follow up on Bonds

Shelter from the Storm The US Treasury’s borrowing needs are about to explode, as we wrote last week, and for more reasons than growing deficits.   Consider the convergence of some of the contributory factors: The Fed has proposed that it will clean up its balance sheet, swollen by Quantitative Easing (QE), with Quantitative Tightening (QT).  That means […]

06 Feb
detroit skyline

Market Notes and Quotes

Sometimes key insights and financial news, things that shed light on the value of the dollar, the solvency of the country, and gold, come our way at a furious pace.   As part of our commitment to keep our clients and readers informed, we occasionally assemble them in one post. Cities Can’t Pay Their Bills […]

31 Jan
Buy gold now

Central Banks are on a Gold Shopping Spree

Central Banks Continue Agressive Acquistions of Gold The world’s central banks were aggressive gold buyers in 2018, according to a new World Gold Council report.  The banks’ gold acquisitions jumped an astonishing 74 percent over the year before.  Altogether central banks added 651.5 metric tons to their official gold reserves in 2018, according to the WGC.   Driven in part by […]

30 Jan
this times a thousand is a trillion

Fed to Borrow $1 Trillion to Finance Deficit

A Trillion Here, a Trillion There… A Bloomberg story begins with this headline:  U.S. Treasury Set to Borrow $1 Trillion for a Second Year to Finance the Deficit. A trillion here, a trillion there, and pretty soon you’re talking about real money. That phrase, adapted from a quote attributed to the late Illinois Senator Everett Dirksen sometime in the 1960s, […]

29 Jan
Venezuela's hyperinflation

The Fall of the Venezuelan Economy

The New Venezuela Q:  How many Venezuelan bolívars does it take to buy an ounce of gold? A:  Who cares? It’s a good joke because no one we know, or can reasonably imagine, would be willing to trade perfectly good gold for bolivars, knowing full well that the bolivars taken in exchange today will likely […]

25 Jan
gold in the news

Gold Breaks $1,300 to Hit Seven-Month High

Gold Breaks $1,300 Gold broke through $1,300 an ounce on Friday, roaring up $22.70 on the day, and closing in New York at a seven-month high of $1302.50. That’s the second time in this new year that gold has punched through $1,300.  At the beginning of the month it tested that level but didn’t hold.  […]

24 Jan
China adds gold in December

China Adds 10 Tons of Gold to Its Reserves in December

it’s China’s Turn… Just last week we reported to you on Russia’s aggressive gold acquisition.  We wrote, “Russia, seeking to protect itself from a dollar crisis, continues to reduce its holdings of US Treasury bonds while beefing up its gold stock at an accelerated pace.  The Bank of Russia, the central bank, bought 8.8 million […]

23 Jan
gold coins stack

Sam Zell is Buying Gold

Sam Zell, realestate billionaire, is buying gold for the first time in his life. It’s enough to make us sit up and take notice.  Sam Zell is a real estate billionaire many times over.  His Wikipedia entry repeatedly uses the word “largest” to describe Zell’s accomplishments.   His company, Equity Group Investments, Wikipedia tells us, […]

18 Jan
Russia ditching US treasuries

Russia Adds Gold, Surpasses China… (For Now!)

Russia Agressively Adding to Their Physical Gold Position Russia, seeking to protect itself from a dollar crisis, continues to reduce its holdings of US Treasury bonds while beefing up its gold stock at an accelerated pace.   The Bank of Russia, the central bank, bought 8.8 million troy ounces of gold in 2018, increasing its total gold holdings by […]

17 Jan
Ben Hurt

Inflation Unchained: Part Two

Currencies are Being Inflated to Eventual Worthlessness In our last post, we wrote that “A hundred years ago a dollar bought roughly 0.05 ounces of gold.  Today the dollar buys only 0.00077 ounces of gold.” “Something changed, but it wasn’t the gold.” Of course, the same kind of value destruction that has taken place with […]

16 Jan
inflation chart

Inflation Unchained: Part One

Inflation: Prices are Rising All Around Us They deny it.  They suppress it.  They even ignore it.   Then it bursts out into the open and suddenly it can’t be ignored any longer. I’m talking about rising prices.  Those of us that watch the economy like a hawk keep a close eye on things like the consumer and producer price […]

11 Jan
gold bars 50 day moving average

Still Time for the Gold and Silver Strategy

Gold and Silver Ratio: It’s Not Too Late Both gold and silver have shown impressive strength lately.  Regular readers of these comments will note that we repeatedly urged clients to take advantage of the Gold/Silver Ratio late in 2018.   (See our December 14 post, Time for Silver to Play Catch Up! and September 30 The Gold-Silver Ratio is Making a […]

11 Jan
Fed Building

The Fed: Mighty, but Flighty!

Audit the Fed Washington is a land of hypocrites.  You probably don’t need any convincing but let me give you one example because it is relevant today. In 2010, Congressman Ron Paul’s bill to audit the Federal Reserve had 320 sponsors in the House of Representatives.  No surprise that it had so many sponsors.  Their constituents were […]

10 Jan
Gold Bars and Nuggets

Gold Targeted at $1,425 Over Next 12 Months

Wall Street Can No Longer Ignore Gold Gold’s bullish performance in the face of political, geopolitical, and economic confusion is exactly what we have been expecting and writing about. Now, even though they would like to, Wall Street – the money center banks and brokerages – are finding gold hard to ignore. Political, geopolitical, and […]

05 Jan
Its not Alive

Making Sense of the Markets

The Wild Ride in the Stock Market Continues…  “Get the defibrillator!  Grab the paddles!” The flatlining stock market was jolted into an appearance of life at the end of the week by two electro-cardio interventions: The first jolt was the release of the employment numbers.  The Drudge Report shouted the news with this headline:  “JOBS UP BIG!  +312,000.  RECORD NUMBER […]

03 Jan
Gold and silver

Gold and Silver Performance Over Last Six Months

A Few Words about the Last 6 Months of Gold and Silver Charts… Gold, as I mentioned last week, remains above its 50-day moving average (MA), and moved decisively above its 200-day MA about the same time the Dow Industrials broke down below its 200-day MA.  (The moving average is the average closing price over […]

02 Jan
razors edge

Watching the Fed’s Actions in 2019

The Fed is on the Razor’s Edge We enter 2019 on the financial razor’s edge. One wrong move, one little slip by the Federal Reserve, and the money supply and price inflation could explode. That’s not just my view.  I’m citing the views of a former chairman of the Senate Banking Committee.  In a Wall Street Journal article this week, former […]

30 Dec
2019 Ten Things

Ten Things That Won’t Happen in 2019

The end of the year calls for new year predictions, so here are 10 things you won’t see in 2019… 10.  The Federal Reserve won’t stop managing the monetary system to benefit the banks that created it to serve their interests in the first place. 9.  Foreign central banks won’t increase their dollar holdings, although […]

27 Dec
Jerome Powell

Confidence in the Fed

Trump Criticizes Fed, Chairman Powell It’s not hard to see that confidence in the Federal Reserve is collapsing.  Usually the Fed quietly booms and busts the economy for its own reasons and escapes unnoticed for it, like a thief in the night. But President Trump has changed that, unleashing a firestorm of criticism on the Fed and Chairman […]

26 Dec
Bull vs Bear Market Gold

Things You Need to Know About Bear Markets

About Bear Markets Here are a few things you need to know about bear stock markets, some bullet points from CNBC: A “bear market” is when stocks see a 20 percent decline or more from a recent high — but they’re also marked by overall pessimism on Wall Street. Since World War II, bear markets have lasted […]

23 Dec
Asian Economic Slowdown

The Stock Market has Topped Out

We’ve Seen the Top of the Stock Market We’re flattered at the number of our clients and readers that have reached out to comment on our calling the top of the stock market last fall. And our repeated recommendation to ”take any stock market profits and move them into gold.” There’s an old saying that nobody rings a bell at the […]

20 Dec
interest rates up June 2017

The Fed Rate Hike

Another Hike So, President Trump’s objections notwithstanding, the Fed raised interest rates once again on Wednesday.   That’s its fourth rate hike this year. The Fed does not seem to realize the stress the US economy is under: stress from stock market volatility, political uncertainty, trade wars, threatened hot wars, growing deficits, big debt, global de-dollarization, […]

18 Dec
Greenspan The Maestro

Market Bubbles Popping

Bubbles are Popping They used to call him “The Maestro.”  That would be Alan Greenspan, the former Chairman of the Federal Reserve.   Greenspan knows something about bubbles, having engineered several of them during his 18 plus years as the chief money manipulator.  The worst of the bunch was the housing bubble that burst in 2008.   […]

14 Dec
silver to gold ratio May 2017

Time for Silver to Play Catch Up!

Time for Silver to Play Catch Up! Have you taken advantage of the Gold-Silver ratio yet?   The recent bounce in gold has so far happened without a similar move in silver. That might be about to change, according to Saxo Bank A/S. Ole Hansen, head of commodity strategy at Saxo Bank, tracks the ratio […]

13 Dec
US Debt

Fundametal Numbers

Fundamental Numbers A recent Reuters Business News headline advised readers that, “Foreign buyers find U.S. Treasuries less appealing.” This may be news to their readers, but not to ours. We have talked and written about this many times. In many ways the US is shooting itself in the foot, driving the rest of the world […]

11 Dec

Thanks Fed, for Shorter, Poorer Lives

Thanks, Fed! 2018-12-11 Researchers at the Federal Reserve know what they have done to the Millennial Generation, and it isn’t pretty.  But don’t expect them to stop. Ryan McMaken at the sound money, free market Mises Institute has examined a new Fed report on how the Millennial Generation is doing at this stage of their […]

04 Dec
watch the Strait of Hormuz

Watch This One Carefully…

Watch This One Carefully… Sometimes the things that move the markets the most violently – gold, silver, and other markets as well – are things that aren’t on most people’s radar screens. Front and center in the attention of economic and financial news observers is the on-again, off-again trade war with China.  I do not […]

29 Nov
Indian Wedding Tradition

The January Gold Spike

Gold in Indian Tradition   With the turn of the calendar page to December, the holiday season is underway. Here and throughout the Western world it means a jump in consumer spending for Christmas presents.  But the approach of the New Year means something else in other parts of the world. It  often means a big, cyclical jump […]

28 Nov
Fed Treasury

Their Own Man Says So!

Their Own Man Says So!   I have been warning about the overvalued stock market for some time.  Because we are clearly moving into a very troubling economic period, I have suggested you take profits you have in stocks and move them to the safety of gold. The problems that I have described are so apparent […]

27 Nov
monetary lab experiments

Monetary Lab Experiments

The failure of a currency is not a pleasant thing.  It is usually accompanied by widespread social unrest, crime, impoverishment, and ruin. Venezuela is like a laboratory experiment in currency failure – something going on before out very eyes.  Of course, a lab experiment is useful only if something is learned from it.  Yet there […]

23 Nov
Jim Rogers

The Next Bear Market According to Jim Rogers

When a Legendary Investor Speaks, We Should Listen. Jim Rogers deserves his reputation as a legendary investor.    Right now, Rogers says the next bear market in stocks will be “the worst of my lifetime.” Rogers knows something about stock bear markets.   The bear market of the 1970s was brutal for stocks, but during […]

19 Nov
tech stocks down

Something’s in the Air – 11/19

Something’s in the Air- 11/19 Another Stock Market Sell-Off. The Drudge Report headline Thursday morning read, “STOCKS ERASE GAINS FOR YEAR; TRILLION WIPED OFF TECH; GOLDMAN: BOOST CASH. Another wave of selling in the stock market was no surprise to our readers. It’s been a rout in Nasdaq stocks.  We have already pointed out the […]

16 Nov
household debt

Debt, Debt, and More Debt

Debt, Debt, and More Debt Here’s the headline:  US Household Debt Hits Record $13.5 Trillion As Delinquencies Hit 6 Year High.  A New York Fed report says that “that total household debt rose by $219 billion to reach $13.51 trillion in the third quarter of 2018—an increase of 1.6 percent, up from a rise of […]

15 Nov
dragging gold down

Dragging Gold Down

Dragging Gold Down It’s been a pretty bloody few weeks in the oil trading pits.  From the high at the beginning of October of almost $77 per barrel, the benchmark price of West Texas Crude fell to around $55 this week.  A sell-off of that magnitude in any market is a big deal.  It’s a […]

13 Nov
stop digging

Stop Digging

Stop Digging When you find yourself deep in a hole, the best advice is to stop digging. Governments that find themselves in a fiscally unsustainable situation must either stop digging or destroy their currencies.  When the hole is too deep to climb out, you can be sure that a crisis looms ahead.  Of course, it […]

11 Nov
Jeff Sessions

Three Items of Note

1. WELL, NOW.  THIS IS DIFFERENT! With President Trump’s firing of Jeff Sessions, the new acting Attorney General is Matt Whittaker.  Whatever else he may believe and ultimately do in his new position, we have learned that Whittaker has a more sensible view of the nature of money, the Fed, and gold than 99.9 percent […]

07 Nov
voting booths

No Change

You may be cheered or dejected by the results of this week’s election. Certainly, there is something for everybody on the political spectrum to find either encouraging or discouraging in the outcome of Tuesday’s voting. But our beat is money:  the dollar, spending, debt, the Fed, and the monetary system.  In short, all the things that […]

07 Nov

It’s Still Money– and They Know It!

One day, not so many years ago, in the middle of testimony before the House Banking Committee, Federal Reserve Chairman Ben Bernanke was asked a question by committee member Congressman Ron Paul. “If gold is not money,” asked Paul, “why does the Federal Reserve insist on owning it?” It is an important question, one that […]

01 Nov
The Kremlin

Something in the Air!

What War Means to Gold and Silver Through centuries of invasions and wars, conquests and collapses, occupations and upheavals, there is one constant: In such a crisis, the go-to money is some form of gold or silver: coins and bars, jewelry, art, watches, and even silverware and tea sets.  While wars are one of the […]

24 Oct
stock market warning signs

Warning Signs Still Flashing!

October 24, 2018:  Investors hit by another DOW tumble as another 608 points are lost. – The stock market has given up all of its 2018 gains.  – The Dow Industrials have already lost 7.1 percent of their value just this month.  – The NASDAQ is currently having its worst month since November of 2008. […]

22 Oct
Save a Millennial

Help a Millennial Today!

Help a Millennial Today! As the stock market sell-off continued this week, I saw a headline that asked if Millennials are about to get slaughtered. Could be. Millennials, generally agreed to be those born between 1981 to 1996, are about a quarter of the US population.  They are almost 30 percent of the voting age […]

21 Oct
hungary buying gold

In a Nutshell

In a Nutshell: Hungary is Buying Gold Here’s a little noticed item that tells the whole story. The central bank of Hungary has just announced a 1,000 percent increase in its gold holdings.  That’s right.  It increased its gold reserves 10-fold!  And it did it all in the first two weeks of October! Here’s what’s […]

21 Oct
government accounting

What We’re Up Against: Government Accounting

What We’re Up Against: Government Accounting There are a lot of things fishy about the way the government operates.  But nothing is fishier than government accounting. That’s a problem for us all, because government accounting helps determine the prospects for the US dollar. The financial news outlets this week are filled with stories about the Fiscal Year […]

16 Oct
Global Financial Weapons

Weapons of Global Financial Warfare

Weapons of Global Financial Warfare The establishment financial press denies it.  Experts laugh at the idea.  Few people think about it. But…There are a lot of weapons aimed like arrows at the heart of the American economy.  For example, the conventional wisdom is that the Saudi’s will never use their oil as a weapon against […]

11 Oct
low tide

The Good News About the Stock Market Sell-Off

Gold is up.  Stocks are down.  At RME Gold, we’re in the business of helping people protect their wealth and prosper, so we don’t like to see anyone lose money. But some good can come out of this week’s treacherous stock market:  It is proving to be a wakeup call for a lot of people […]

09 Oct
Ron Paul Stock Market Bubble

Ron Paul: Stock Market Trouble Ahead

What does Ron Paul have to say about the stock market bubble? Former congressman Dr. Ron Paul says we are in the midst of “the biggest bubble in the history of mankind” and a correction in inevitable.  In fact, Paul has said that a 50 percent stock market sell-off should not be a surprise. “If […]

07 Oct

Is the Fed About to Tank the Stock Market?

Sometimes I like to share the views of others, views that deserve serious consideration.  One of those views is that the Federal Reserve is about ready to tank the stock market. Although there are some, not all of those who believe this think the Fed is about to drive a stake through the heart of […]

06 Oct
Russian Mig-29 fighter jets

Crisis Investing

CRISIS INVESTING Gold is the currency of choice in times of crisis.  Whether it is called a “flight to quality” or a “flight to safety,” gold is the world’s money of choice in times of trouble.  That’s because of its superior qualities as money, qualities that have outlasted every conceivable type of government and countless […]

06 Oct
wall street

Two Thoughts on the Market Action

The gold price spiked after a close, but brief, encounter with reality on Tuesday.  From a low of $1192, gold surged to a high of $1212, before coming to a close at $1207. The price of silver popped, too, knocking on the door of $15 an ounce before closing at $14.69. As always, the question […]

30 Sep
sinking dollar

Abandoning the Dollar Standard

World Reserve Currency Breakdown:  Abandoning the Dollar Standard Today I’d like to alert you to what is happening to the dollar’s role on the world stage. But first, the backstory: In more sensible times, back before trillion-dollar deficits and a national debt that runs to fourteen places (think about that!), the US was on a […]

26 Sep
Is Student Debt the Next Bubble

Student Debt: The Next Bubble?

Is Student Debt the Next Bubble? An article by New York Post contributor John Aidan Byrne the other day made a couple of points worth repeating regarding student debt.    Bryne wondered if the student debt crisis will be the trigger for the next financial meltdown.  It’s a good candidate.  Today more than 30 percent […]

23 Sep
China Buying Gold

Central Banks, China Add Gold

Central Banks and China Are Adding Gold… Again. The numbers are in on central bank gold buying for the first half of 2018.  For the six months central banks increased their gold buying by 8 percent over the year before. Altogether central banks accounted for 10 percent of global gold demand.  The officially reported numbers for […]

23 Sep
Trump Chooses the Printing Press

Trump Chooses the Printing Press

A Word to the Wise:  Trump Chooses the Printing Press Last week I promised to share with you some revealing information that makes clear that money printing will be the government’s preferred policy option in the days to come. I said, “It is a story that may disappoint some of you. But it is another warning that […]

20 Sep
2008 Crisis

10 Years Ago

TEN YEARS AGO: The Financial Crisis of 2008 As the week began, gold continued to trade in the $1200 range; silver’s trading neighborhood so far in September remains just over $14.00. Ten years ago this week the Panic of 2008 was picking up steam.  It turned out to be the biggest financial calamity since the […]

16 Sep
What we warned you about

This is What We Have Been Warning You About!

We are now only weeks away from the end of the US governments 2018 Fiscal Year.  And it will be one for the record books. But not in a good way. In fact, the year-end numbers are very bad, the worst since the last financial crisis. Originally, the FY 2018 deficit was projected to total “only” $526 […]

12 Sep

Currency Deaths

Currency Deaths Remind Us Why We Own Gold and Silver Wednesday, 9/12/2018 There is only one answer to the question “how many paper currencies have failed?” All of them.  Or stated differently, thousands of them have already failed, while those that haven’t quite given up the ghost yet, the newer ones including the paper Federal Reserve […]

11 Sep
Flashing Red!

Warning Signs Flashing Red!

Tuesday September 11, 2018 “Warning Signs Flashing Red!” Gold started off the week little changed, continuing to consolidate around $1200.  This leaves us a moment to loop back around and underscore an important item we have already shared with you.  But we think it is one that demands repeating. Goldman Sachs’ bear market indicator for […]

02 Sep
gold ingots

Trade Talk and Dollar Weakness Supported Gold This Week

Dollar Weakness Supported Gold Precious metals headed higher this week with gold hovering around $1,200. Dollar weakness supported gold prices, but gold stayed fairly quiet. Silver hovered around $14.50. Trade talk once again was a mover for both gold and the dollar. President Trump announced the possibility of new tariffs for China in the ever-escalating […]

29 Jul
Trump vs Fed Rate Hikes

Trump Vs the Fed: The President Confronts Federal Reserve on Rising Rates

Trump vs. the Fed It was President Trump vs the Fed and chairman Jerome Powell this week. The President caused a stir when he questioned the Federal Reserve’s monetary policy.  It was something of an unprecedented move. Since the Federal Reserve is independent and separate from the federal government, it broke the standard norm of […]

08 Jul
us-china-trade-war-mi

Trade War with China Dominated Market Movement

Gold Made Slight Gains for the Week Gold posted slight gains for this week after battling tough headwinds the last couple of weeks. It closed over $1,250. On Wednesday with the U.S. markets closed for 4th of July, gold hit over $1,260 on the global exchange. The dollar softened and fear levels were elevated this […]

01 Jul
gold bars for diversification

Weak Gold Demand Kept Prices Subdued This Week

Weak Gold Demand Kept Prices Subdued As Dollar Stays Strong It was a quiet week for precious metals. Weak gold demand kept prices subdued continuing the trend from last week. Gold spent much of the week fluctuating just over the $1,250 mark. Silver closed out the week at $16.10. Friday saw metals slightly up with […]

24 Jun
Russia ditching US treasuries

Russia Is Ditching Treasuries for Gold, Re-Thinking Safe Haven. But Gold Prices Remained Stuck This Week.

Russia Is Ditching Treasuries for Gold, and It’s Not the Only One Are the Russians re-thinking safe haven? Russia is ditching treasuries for gold in recent months. In April, Russia slashed its holdings of U.S. debt in half. This was following fresh sanctions slapped on various Russian businesses and individuals. The senior adviser at Danske Bank […]

17 Jun
Trade War with China

Gold Hammered by Strong Dollar Friday And Trade War with China Remains in Focus

Gold Hammered by Strong Dollar Friday As Trade War Remains in Focus Precious metals struggled Friday. Though gold hit a two week high earlier in the week climbing to $1,313, Friday saw gold hammered by strong dollar index. Trade war and tariffs dominated headlines. President Trump levied 25% tariffs on 800 Chinese imported goods, and […]

03 Jun
Italian Bond Market Worries

Gold Fluctuated with the Dollar This Week While Italian Bond Drama Continued

Italian Bond Drama Continued This Week European geopolitics continued to cause volatility in the markets this week. Last week, Italy in particular triggered concern, and this week the Italian bond drama continued. This week, the Italian 10-year bond yield was at a 4 year high while the Italian 2-year yield had its biggest jump in […]

14 May
gold ingots

Gold Posted a Positive Week after Early Struggle

After Battling a Strengthening Dollar This Week, Gold Posted a Positive Week by Friday Metals were down in the early part of the week. However on Thursday it got a slight boost that it held onto through Friday. In the end gold posted a positive week despite the earlier losses. The dollar rallied this week […]

06 May
Bandaged Ben

Fed Leaves Interest Rates Unchanged and Inflation Expectations Are Increasing

Gold Battled Headwinds Early in the week gold struggled against a rising dollar index. It managed to hold just above $1,300. Some muted geopolitical fears after North and South Korean peace talks continued to put the brakes on gold as well. There was also some sell-off, which pushed prices down further. On Wednesday though, gold prices […]

30 Apr
dollar and gold correlation

Gold Under Pressure This Week from the Greenback, But Problems in the Bond Market Are Looming

Gold Under Pressure from Rising Greenback This Week Precious metals were rallying early in the week, but faced some push back on Thursday. By Friday gold prices lifted again slightly and were sitting just over $1,320. Silver ended the week around $16.55. The resistance mid-week came from a rising dollar index. As it retreated again […]

01 Apr
gold bars

Several Reasons Gold Is Looking More Bullish Right Now to Investors

Gold Is Looking More Bullish As Goldman Sachs Upgrades Gold Expectations to “Outperform” As the stock market teeters on correction mode, gold is looking more bullish. Goldman Sachs even upgraded gold outlook this week. The investment bank expects precious metals to “outperform” over the coming months. This is based partly on empirical data that shows […]

25 Feb
BRICS

Gold Buying Goes Up Around the Globe As BRICS Countries Eye More Gold, Venezuela Toys with Gold Backed Cryptocurrency

Russia Passes China in Gold Holdings as Gold Buying Goes Up Around the Globe The Russian central bank passed China last year in increasing gold holdings as gold buying goes up around the globe. Russia has been buying gold every month for almost three years, while China’s accrual has tapered off slightly. This past month, […]