EUR/JPY Exchange Rate and Gold

We argued many times that the yellow metal behaves as a currency rather than as a commodity. Hence, macroeconomic factors and currency exchange rates affect the price of gold. In previous editions of the Market Overview, we analyzed the impact of the U.S. dollar and its exchange rate with the […]

Are the World’s Billionaire Investors Actually Buying Gold?

Posted on 22 Jun 2017 by Ronan Manly at https://www.bullionstar.com/blogs/ronan-manly/worlds-billionaire-investors-actually-buying-gold/ Ray Dalio, Bridgewater Associates The mainstream financial media regularly records the interest in gold from some of the world’s most famous hedge fund managers. But are these legendary investors, all of whom are billionaires, actually buying real physical gold, or […]

ILANA MERCER: THE WAR ON TRUMP: The Big Picture for Conservatives, Libertarians & Liberals

“THE WAR ON TRUMP: The Big Picture for Conservatives, Libertarians & Liberals” is the current column, now on Daily Caller. It connects the atavistic dynamic undergirding two wars waged by the American establishment. An excerpt: Periodically, America experiences episodes of mass, hysterical contagion. What is “hysterical contagion”? A sociologist explains […]

Strength in Mining Stocks and Its Implications

Yesterday’s session was not like the previous ones – in the previous days, the precious metals sector moved lower together and mining stocks were leading the way. Yesterday, gold and silver declined, but miners were barely affected. Does this strength indicate a likely turnaround? Miner’s Outperformance In short, that’s not […]

Rebound after Correction

  Bitcoin is down from the all-time high but not really down significantly. In an article on CNBC, we read: Bitcoin quickly bounced back from the lows of June, amid improved sentiment about the future of the digital currency. Bitcoin traded higher Saturday near $2,680, up more than 20 percent […]

Harry Dent Predicts Sale of a Lifetime

Known to march to the beat of its own drum, commodities often ignore the moves of other asset classes. Prices have fallen for the past six years, heralding the end of the greatest commodities boom in recent memory. Since then, attention has shifted toward other asset classes, and 2017 has […]

Bitcoin Corrects

Bitcoin is now a lot more popular among mainstream investors than it was only a couple days ago. This is perhaps evidenced by the fact that the digital currency made its way to Bloomberg Markets homepage. In the short piece we read: Bitcoin rose as much as 5.8 percent to […]

Who Controls All of Our Money?

    Who Controls All of Our Money? Most people’s lives are dedicated to money. It’s all people ever worry about or talk about. People train to learn the skills to get jobs to trade hours of their lives for money. But where does money come from? And who controls […]

Metals’ Reply to USD’s Small Rally

Gold, silver and mining stocks finally moved lower after several days of higher prices and one can say the opposite about the USD Index. Was this just a pause or a beginning of a bigger downtrend? The latter is quite likely and the reasons come from the precious metals charts […]

Geopolitical Risks in Retreat. Will Gold Drown?

In the previous edition of the Market Overview we wrote that “geopolitical risks clearly won with a hawkish Fed in a tug of war in the gold market” at the turn of March and April, as the yellow metal gained about 7 percent from mid-March to mid-April. However, the price […]

Bitcoin Appreciates Again

Bitcoin is creeping into the mainstream press. Last week, the digital currency was in the center of an article  in the Economist. In the article, we read: Markets frequently froth and bubble, but the boom in bitcoin, a digital currency, is extraordinary. Although its price is down from an all-time […]

Was Adam Smith the founder of free-market economics?

Who really started free-market economics? “I read with deep disappointment your full page attack on Adam Smith in the latest Barron’s,” wrote economist Mark Skousen to Soho Forum Director and Barron’s columnist Gene Epstein. Mark was targeting Gene’s column, “The Trouble with Adam Smith.” Here’s an excerpt from that column, which […]

Gold Moves Higher but Miners Don’t

Yesterday’s session was yet another one in row when mining stocks underperformed the yellow metal, which continues to have bearish implications. Nonetheless, gold moved to new short-term highs and in today’s alert we’re going to discuss the implications of this move. In short, there are no important ones. Let’s see […]

Bitcoin Sees Most Important Action in Years

Bitcoin is right after a period of pullback from the recent all-time high. Is this move only a temporary correction or a beginning of a more sustainable move down? In an article on CNBC, we read: Nearly $4 billion has been wiped off of the value of bitcoin in the […]

Preparing for THE Bottom: Part 1 – Gold

If we look at gold from the long-term perspective, it’s clear that it hasn’t really done much in the recent months – it’s trading in the $1,200 – $1,250 range, which is where it was in the first half of 2016, first half of 2015, for most of 2014 and […]

Gold Market Charts – May 2017

Posted on 28 May 2017 by BullionStar at https://www.bullionstar.com/blogs/gold-market-charts/gold-market-charts-may-2017/ This monthly column looks at developments and trends in the world’s major physical gold markets via a series of gold market charts created by the GOLD CHARTS R US website. In most cases, the charts featured capture data to month-end April 2017 from official […]

BIG NEWS: Gold & Silver Now Treated As Money In Arizona!

5/23/2017 By Liberty Report Staff Undermining the Federal Reserve received a major boost yesterday. Arizona Governor Doug Ducey signed into law a bill that eliminates capital gains taxes on gold and silver, thus allowing Arizona residents to use precious metals as currency instead of Federal Reserve notes. Currency competition against the monopolist […]

Another Useless Golden Cross Signal

Once again gold moved higher for some time, which once again made the short-term moving averages (including the 50-day moving average) rise faster than the long-term ones (including the 200-day moving average), which in turn generated the “all-important” golden cross and it is once again heavily commented by financial journalists […]

New Gold Pool at the BIS Basle: Part 2 – Pool vs Gold for Oil

BullionStar Blogs Ronan Manly Posted on 23 May 2017 by Ronan Manly at https://www.bullionstar.com/blogs/ronan-manly/ This is Part 2 of a two-part series. The series focuses on collusive discussions and meetings that took place between the world’s most powerful central bankers in late 1979 and 1980 in an attempt to launch a […]

Tyler Durden: “Arbitrage Is Dead” – Commodity Traders Lament A World “Where Everyone Knows Everything”

From zerohedge.com by Tyler Durden For commodity traders operating in the Information Age, Bloomberg reports that just good old trading doesn’t cut it anymore… “Everything is transparent, everybody knows everything and has access to information.” Unlike the stock market in which transactions are typically based on information that’s public, firms […]