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  • China Supply Demand Dynamics May Drive Gold Lower [View article]
    >>>Investors just seem to be getting tired of the Armageddon/Apocalypse collapse of the global financial system fear trade.<<<

    LOL Robert. We've been in a state of "controlled collapse" for decades now, cleverly concealed by worldwide maniacal flurries of fiat printing. Exactly where, and when, this ends is unpredictable but one thing is certain: those mountains of debt looming on the horizon will be inflated away like a rising hot sun clearing a misty morning.

    It appears no accident of nature gold and sunshine share the same radiance.
    Apr 2 06:25 AM | 1 Like Like |Link to Comment
  • Rates Up, Fear Down: Washington Crossing Advisors Say 'Stay Away From Gold' [View article]
    Robert is beating his breast again on gold's decline. How anyone can look at the trillions of dollars, yuan and euros being printed and forecast a decline in gold beats me. Never mind the massive debts being run up.

    "Bad money drives out good" is an ageless aphorism. Convert your paper to gold and await the ultimate correction. It's bound to come.
    Mar 29 10:27 PM | 2 Likes Like |Link to Comment
  • Chinese February Gold Imports Show Strong Chinese Demand: What Chinese Credit Crunch? [View article]
    Obviously the gold price is falling because someone (CB's, miners??) are lining up to throw massive loads of bars in front of waiting Chinese, Russian, Iraqi, Thai, Vietnamese (etc. etc.) buyers. Or, are those "promises" to deliver bars?

    When the music stops on this one it will be interesting to see who is left standing holding the paper.
    Mar 27 02:56 PM | 2 Likes Like |Link to Comment
  • Is The Gold Rally Sustainable? [View article]
    >>> But if inflation returns, that's positive for gold in and of itself.<<<

    Food prices reported up 19% in 2014 !
    Mar 26 12:04 PM | 2 Likes Like |Link to Comment
  • You Go Girl; Janet Yellen Gives Gold The Beat Down [View article]
    Wobert, waiting for $770 gold anxiously. Worried banks may start lending out the $zillions they've got parked once the warm weather hits and the economy starts to improve. Food prices and other inflationary forces are lurking that may perhaps interrupt our journey to that magic number.

    Should I load up on the way down or await your "buy" signal?
    Mar 24 09:37 AM | Likes Like |Link to Comment
  • What Is The Fed's Real Inflation Target? [View article]
    WDL, It's pretty hard to pull a number from a rat's nest of misinformation but Shadowstats gives a pretty good estimate. He figures 7% over the last ten years or so.
    Mar 14 02:54 AM | Likes Like |Link to Comment
  • What Is The Fed's Real Inflation Target? [View article]
    At 2% inflation it's going to take an awfully long time to get a real grip on deficits and debt.

    Fortunately, the real rate of inflation is much higher (which the Fed must know) so the next few years is an opportunity to inflate away our own debt by investing in those instruments that hold their real value.
    Mar 12 09:46 PM | Likes Like |Link to Comment
  • Are We On The Cusp Of A New Bull Market In Gold? [View article]
    If gold didn't exist we'd be forced to invent it.
    Feb 28 07:43 PM | 1 Like Like |Link to Comment
  • There Has Been No Gold Bull Market, But It Is About To Begin [View article]
    Good assessment Austrolib. Energy is a very large factor in mining costs so the rising price of oil drives up operational costs. As grades decrease more and more energy is required to crush and process ever more rock while even more energy is required to find and recover needed oil and gas.

    These escalating costs find their first expression in fiat as governments print more and more to cover deficits until, finally, reality erupts like a volcano into the top of the pyramid. Gold then, as it's not fungible (except for ETF's), will reveal it's true function as a bedrock of value in an unstable currency system.
    Feb 25 07:20 PM | Likes Like |Link to Comment
  • Gold And Silver Rise For 3rd Straight Week [View article]
    Not surprising. The mainstream media (and SA) were, for some reason, flooding the air waves with stories predicting the decline of gold. Rationally, given the tsunami of paper printing around the world, an expectation of inflation is a reasonable conclusion.

    Likely we'll see confirmation of that in future events and very unlikely will we see a "Volcker" moment, at least until debt levels are debased.
    Feb 24 07:09 AM | Likes Like |Link to Comment
  • Bottom In Gold Likely To Be Below $770 [View article]
    Why do you feel it's April 1st? Because Robert has written another of his funny money articles. No rational person knowing gold could predict pricing at $770 so Robert is either irrational, (a possibility), or writing to create page views. However, we do have to thank him for damping expectations.
    Feb 23 07:53 PM | 3 Likes Like |Link to Comment
  • Why China Buying Gold May Be Bad For Gold's Price [View article]
    The Chinese don't have much faith in paper or derivatives. In fact, they ridicule the west's delusions on much of the latter.

    They may be "old fashioned" but China (and India, Indonesia, Vietnam, Thailand, Russia, Iran, Turkey etc.) are more than 50% of the world's population and are ancient civilizations. The west's experiment with a loose and nebulous measurement of wealth by fiat may see its paper hanging days numbered. To be on the safe side it may be wise to hold some gold and silver, reliable stores of value throughout history.
    Feb 19 09:30 PM | 3 Likes Like |Link to Comment
  • Book Review: The Big Reset, War On Gold And The Financial Endgame [View article]
    Sounds like very interesting reading. The Dutch do have centuries of experience in finance and are familiar with debt and the problems it can bring. In fact since 2008 they are now dealing with some extraordinary debt growth themselves.
    I suspect their's is a respected voice at the table planning the next global reset and if they believe gold will play a substantial role in returning some stability to currencies it is certainly wise to heed the author's advice on holding gold and silver.
    Feb 18 06:16 PM | Likes Like |Link to Comment
  • Will The Gold And Silver Surge Continue? [View article]
    Last Chance, you have nailed it. But it's not only the USD, every other paper currency is blossoming like dandelions in the spring.
    Feb 16 09:48 PM | 3 Likes Like |Link to Comment
  • Precious Metals Grind Out A New Trend [View article]
    Looking ahead, (as markets do), good miners appear as solid buys. Nevada, in particular, has low energy and other input costs and should beget many successes. Corvus, Gold Standard, Pilot and so on are blazing a trail.
    Feb 15 03:57 PM | 1 Like Like |Link to Comment