Category Gold/Silver

CRYPTO GOLD WEEKLY UPDATE (March 19)

CRYPTO GOLD WEEKLY UPDATE Week of Monday March 19, 2018 Markets Performance: Last week, cryptoassets were the worst performing asset class with the cryptocurrency flagbearer, Bitcoin (USD) falling for the second straight week, finishing on Friday at $8,302.72, down -9.9% from the previous week’s close of $9,216,20. Ethereum’s Ether (USD) was the biggest laggard, dropping […]

Q1 2017 Market Commentary: Trump, the Fed, Globalists, and Gold

This past quarter in the markets was one of the more interesting three-month periods we’ve had in a while. Not because of what took place, but rather, the lack of what took place, considering the boiling global geopolitical climate. Almost all of Q1 unfolded against a backdrop of zero volatility and confounding complacency not seen […]

*Trade of the Day: GDX

Often times, aceloewgold focuses on the gold and Fx markets. There is an interesting medium-term trade emerging within the gold-mining subsector. In analyzing GDX (gold-mining ETF), we can clearly see that shares have convincingly broken-out of a 5-month bear market that began in the back-half of 2016. Comparable to the start of last year, gold […]

The Governator for President

Only a Constitutional Amendment Away Investors have another earnings heavy week with continued monitoring of President Trump’s Executive orders. On the economic front, we have University of Michigan Consumer Sentiment. Earnings: Earnings have now seen over 270 companies of the S&P 500 companies report 4th quarter earnings. 67% have beaten earnings expectations with 48% beating […]

Big Surprise – FOMC Doves Coo

The latest in macro news, economic data and the latest Fed meeting.

The Coming Global Monetary Crisis (Peter Tran)

The Coming Global Monetary Crisis by:  Peter Tran (3/29/2015) Introduction  In order to predict any coming financial crisis with accuracy, one must first correctly identify what type of crisis is lurking on the horizon. I am going to make a final attempt to explain why the coming Global Monetary Crisis (current Dollar Standard Monetary System) […]

Gold Markets Trojan Horse – Physical Delivery Trigger?

Reports came out earlier this month about a destructive “Trojan Horse” malware program that has infected critical U.S. software infrastructure capable of penetrating power plants, electrical grids, water treatment plants, natural gas pipelines, etc. Although there has been no attempt yet to “activate” the trojan horse since 2011, this malware sits ready to wreak havoc […]

Gold Technical Breakdown

Bernanke did not say anything hawkish at all today, yet the gold market is weaker this afternoon, off well over -1%. The main reason for the weakness continues to be further technical pressure. If you’ll notice below, the recent downward wedge pattern and subsequent breakdown in April resulted in a fairly strong resistance band in […]

Financial crisis

Update: Gold and Commodities Sell-Off

FYI – We are beginning to see some deflationary concerns sweep over the markets this morning, hitting commodities particularly hard. Traders are citing weak financial markets/economic data, a firmer dollar, pressure from a draft plan for Cyprus to sell bullion, and technical breaches for the sell-off. The early-morning declines in precious metals have turned into […]

Gold Triple Bottom

While the equity markets are hitting fresh all-time highs, and appear a bit overbought/frothy, the gold market is re-testing lows from December 2011. Despite the recent bearishness in the metals space, we are beginning to see the formation of a triple bottom in the spot gold price. We’ve been range bound between $1,790/ounce and $1,550/ounce […]

Financial crisis

Overdose: The Next Financial Crisis (Full Documentary)

Currency Wars Heating Up

Mint runs out of 2013 silver coins, suspends sales  Costa Rica Fights Currency Gain as Thailand Talks Baht Weaker  Yuan as a World Currency? Getting There Fast  Yen Reaches 2 1/2-Year Low as Pound Drops, Metals Gain  Russia Says World Is Nearing Currency War as Europe Joins Germany Goes for Gold—To Bring Home   A […]

big banks usa

Awakening 2013: Curtain Coming Down On Criminal Banks?

As it becomes clearer and clearer that mafia-like activity is ubiquitous at the top of all the big banks, the media is increasingly forced to report. As economic conditions continue to stagnate or begin to worsen this year, we’ll see more financial crimes bubble to the surface and a public increasingly aware of who is […]

NYT: Prison May Be the Next Stop on a Gold Currency Journey

Anyone reading this blog is likely already in agreement that that gold/silver prices will continue to soar – my concern is what the government will do in reaction to soaring metals prices. They’ve confiscated gold in the past under FDR (if you were dumb enough to give it up). And today, I give you the […]

IMF Cartoon

IMF Paper: End Fractional Reserve & Banker Monopoly on Debt

A paper published last August by IMF Researcher Jaromir Benes and IMF Economist Michael Kumhof suggested revisiting the “Chicago Plan” drafted from the new rush of economic thinking that came in the wake of the Great Depression. The first major idea in the paper proposes eliminating bank runs by eliminating the Fractional Reserve system, requiring […]

Cup & Handle Technical Patterns in Gold/Silver/Euro – Breakout Imminent?

Despite all of the concerns coming out of the euro-zone, there is an interesting technical pattern developing in the euro, that suggests we may be in for a surprisingly strong euro to close out the year. As shown below, a classic “Cup & Handle” technical pattern has formed in the euro (as well as gold/silver). […]

In hard times, “I buy gold” is Italy’s boom business

In hard times, “I buy gold” is Italy’s boom business 9:01am BST By Gavin Jones ROME (Reuters) – Times are now so tough that Valerio Novelli, a ticket inspector on Rome’s buses, is planning to sell his old gold teeth. “I can’t get to the end of the month without running up debts,” said Novelli, […]

Revealed: Why Gordon Brown sold Britain’s gold at a knock-down price

Gordon Brown Sold Britain’s Gold at Artificially Low Prices to Bail Out a Large American Bank UK Telegraph Revealed: why Gordon Brown sold Britain’s gold at a knock-down price By Thomas Pascoe A great deal of Gordon Brown’s economic strategy would strike a sane man as troubling. Not a great deal was mysterious. The orgy of […]

Gold May Have Been Manipulated Like Libor

“It is effectively an intervention in two ways; one would be the fact that for central banks gold and silver going up doesn’t make their currency look any good and secondly a number of the big commercial banks have very large short positions which they like to manage and make easy money from,” Ned Naylor-Leyland, […]

Drug/Stimulus-Addicted Market Wants its Fix

Bernanke floats a bit of test balloon yesterday by only extending its Operation Twist program by $267 billion, with no additional bond purchases (QE3) right now. Well, as anticipated the drug/stimulus addicted market responded with major withdrawal symptoms: The Dow and S&P 500 have sold off 264 and 32 points, respectively (roughly -2%), since the […]