Gold News
Greece was bailed out for the second time in four months. Or did it default? Well, a bit of both, I guess. All bondholders are equal. But some are more equal than others. If you are the ECB, your Greek bonds were exchanged, par for par, for new Greek bonds, and you can go on [...]
The silver price ascendancy this year shows absolutely no sign of letting up. Early last week we noted: Silver has now rallied some 25% so far this year and it looks like the bulls have the bit between their teeth. That 34.8 200 DMA level is now so close it should be tested within the [...]
With the end of the month coming on Wednesday there are some important trading levels to watch for which should give us a good indication of what’s in store for the gold price during the month of March. In terms of $ gold the price really needs to hold above the $1756 if we’re going [...]
This is a question that was posted to me by a journalist who has read my book and is following this website. He suggested I make it into a blog. This essay is not directly about the fiat money crisis so it might at first look a bit “off message”, but I guess for everyone [...]
Jim Rogers appeared on Times Now today to talk about how to protect your wealth from currency debasement/destruction. Whilst Jim’s themes will be well know to most we really wanted to put this clip up to show just how the global the conversation about currency destruction really is. Times Now is a 24 hour english [...]
Well nobody could have seen this coming – well ok, maybe us. Yesterday we noted: Yesterday gold managed to close above $1756 – a crucial level we pointed out on monday. A similar close today could see gold breaking out of its range and heading to $1780 very quickly and from there $1830. [emphasis [...]
Silver wasn’t left out of the commodity party yesterday and rose some 3%. Silver managed to get as high as $34.44 – just 40 cents from its 200 daily moving average. You have to go all the way back September 22nd last year for the last time silver was at its 200 DMA. Silver $: [...]
Whilst we would love to take credit for such a brilliant title we must confess it is not ours – that credit goes to our good friend at Market Securities Paul Wiggins. Yesterday gold managed to close above $1756 – a crucial level we pointed out on monday. A similar close today could see [...]
The oil price looks like it might be breaking out. Today oil has traded as high as $105.8 – we have to go all the way back to the beginning of May 2011 the last time oil has reached these levels. JPM have issued a note today raising their year end target for WTI oil [...]
The bank of England have released their Quarterly Inflation Report. Why the MSM give so much attention to an organisation like the BoE who have such a poor track record at ‘guessing’ the CPI rate is beyond us – but we digress. The report is full of the usual ‘fan-charts’ which seem to be all [...]
