Friday Edition:   January 30, 2015

Gold Seeker Weekly Wrap-Up: Gold and Silver Fall Almost 1% and 6% on the Week But Miners Gain
By: Chris Mullen, Gold-Seeker.com
Gold saw slight gains in Asia and London before it spiked back down to $1256.30 just before the release of this morning’s GDP data, but it then rallied back higher for most of the rest of trade and ended near its last minute high of $1284.53 with a gain of 2.12%. Silver slipped back to $16.814 before it also rallied back higher and ended near its late morning high of $17.313 with a gain of 1.83%.

COT Gold, Silver and US Dollar Index Report - January 30, 2015
By: GoldSeek.com
COT Gold, Silver and US Dollar Index Report - January 30, 2015

199 Days of Hell
By: Marin Katusa, Chief Energy Investment Strategist
Just after I signed the publishing agreement for my first book, The Colder War, I realized how much research I was going to end up doing, specifically in areas that I never thought would be so integral to my subject area: energy and mining. Along the way, I came across some fascinating events that were completely out of my area of expertise but gave me a better sense for the unintended consequences in an historical perspective of the events that led to where we are today.

BOOM: SGE Withdrawals Week 3, 2015: 71 tonnes!
By: Koos Jansen
As I wrote last time on data from the Shanghai Gold Exchange (SGE), in week 2 of 2015 withdrawals from the vaults of the SGE (that equal Chinese wholesale demand) came in extremely high at 70 tonnes; the third highest amount ever. In week 3 (January 19 – 23), though, the Chinese withdrew even more at 71 tonnes, up 0.89 % w/w, and a new third highest amount ever.

An Often Overlooked Predator: State Governments and Income Taxes
By: Nick Giambruno
International Man is all about making the most of your personal freedom and financial opportunity around the world. To do this, by definition, you must minimize the amount of money any government takes from you.

Impending US$ Peak Should be Catalyst for Gold
By: Jordan Roy-Byrne, CMT
Gold has performed very well under the circumstances of declining inflation and a surging US$ index. Since 2014 the US$ index is up nearly 18% while Gold is up 3%. Since Gold’s November low the US$ index is up over 10%. Had we known that at the time, we’d have thought Gold would be headed for $1000 and not the $1300 it recently hit. At present, the US$ index appears ripe for a correction or major pause in its uptrend. Given that Gold is priced in US$ and that Gold has shown strength in real terms, sustained US$ weakness could be a major boon for Gold and precious metals as a whole.

Hulbert on Rate Hikes & Stock Market; a Response
By: Gary Tanashian
Mark Hulbert has a piece this morning at MarketWatch in which he de-correlates the first Fed interest rate hike from any supposedly corresponding stock market movements. I agree with some but not all of what he writes. Let’s take it a chunk at a time.

Why Are Central Banks Terrified of Debt Restructuring?
By: Graham Summers
Globally, the bond bubble is $100 trillion in size. And sovereign bonds (the ones the EU doesn’t want to restructure) are used as the senior most collateral backstopping the big Eurozone banks’ derivatives portfolios. Put another way, the €12 trillion in collected EU nation sovereign debt, is backstopping over €100 trillion in derivatives trades on the banks’ balance sheets.

GoldSeek Radio Nugget: Steve Forbes & Chris Waltzek
By: radio.GoldSeek.com
GoldSeek Radio Nugget: Steve Forbes & Chris Waltzek

7 Things about Saudi Arabia You Need to Know
By: Frank Holmes
A week ago we learned that the king of Saudi Arabia, Abdullah bin Abdulaziz Al Saud, passed away at the age of 90. Following the announcement, crude oil immediately spiked 2.5 percent over uncertainty of how this might affect the Middle Eastern kingdom’s position on keeping oil production at current levels.

The 10th Man: Socialism Is Like a Nude Beach—Sounds Like a Great Idea Until You Get There
By: Jared Dillian
I’ve been following the activities of Syriza for a long time. They started putting up big numbers in the polls in Greece three or four years ago. Syriza has a message that’s very popular with Greeks: Screw Germany. The word they use to describe what’s happened to Greece during the period of time since the debt crisis is “humiliation.”

Vancouver Conference Interview: We have $20 million in the bank & don't have a gun to our head! - John McConnell
By: GoldSeek.com TV
Cambridge House presents an exclusive interview with the President & CEO of Victoria Gold Corp., John McConnell. He discusses several topics with interviewer Vanessa Collette including:
- The Company's Eagle Gold Project is Fully Permitted and Shovel Ready
- Exploring a Variety of Financing Options
- Olive and Shamrock Deposits Are Also Interesting

Vancouver Conference Interview: It has been an exciting 2 years! Find out why! - Wellgreen Platinum
By: GoldSeek.com TV
Cambridge House presents an exclusive interview with the President & CEO of Wellgreen Platinum, Greg Johnson. He discusses several topics with interviewer Vanessa Collette including:
- New Management Team, New Investors, New Resource
- Power and Infrastructure in the Yukon
- Exploration Potential is Still Huge for this Unique Asset

Vancouver Conference Interview: This one factor is helping de-risk this project! - Paul West-Sells
By: GoldSeek.com TV
Cambridge House presents an exclusive interview with the President & COO of Western Copper & Gold Corp., Paul West-Sells. He discusses several topics with interviewer Vanessa Collette including:
- Their Casino project has a 19% IRR and NPV of $1.6 Billion at these Prices
- The Financial Challenges with Progressing Such a Large Project
- Permitting and Working with First Nations

Leaning the wrong way?
By: Jim Anthony
Going into the Fed statement released as at 2 pm on Wednesday the 27th of January, it seems many gold investors were expecting the Fed to change its language on the imminence of raising short term interest rates, which the markets expect around the middle of this year. The economic news had been turning sour and markets were looking shaky. The bet was that a signal indicating a weakening of Fed resolve to raise rates would push gold higher, which it would have.

Trading Tout: Gold's Selloff Looks Perfectly Healthy and Normal
By: Rick Ackerman, Rick's Picks
If you felt the sting of yesterday’s selloff, take encouragement from the fact that it looks merely corrective on the daily chart. That’s because the recent high at 1307.80 managed to exceed a prior ‘external’ peak recorded back in August before bulls took a breather. Healthy rallies tend to do this with each new thrust, creating fresh bullish impulse legs, while weak ones usually chicken out an inch shy of an earlier peak. The implication in this case is that when the presumptive correction ends, the next rally cycle could be good for as much as a $140 gain.

Gold & Silver Market Morning
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch
New York closed at $1,257.60 down $27.30. In Asia gold rose to $1,262.40. London lifted it slightly higher before the Fix set at $1,263.50 down $12.00 and in the euro, at €1,114.984 down €14.377, while the euro was stronger at $1.1332. Ahead of New York’s opening gold was trading in London better, at $1,263.70 and in the euro at €1,113.24.

Greeks Turn to Gold on Bank Bail-in and Drachma Risks
By: GoldCore
The Greek stock market is down 36% year to date; the risk of global contagion in the event of a Greek exit is very real. Ordinarily such a crisis would require a massive coordinated effort from global stakeholders, perhaps directed by the IMF or some other pan-national financial body. But not in this case; the rhetoric is nationally-based and biased without unity of purpose across finance ministries.

Asian Metals Market Update
By: Chintan Karnani, Insignia Consultants
Even if gold closes over $1230 today, I will consider it a positive sign. However for a big bull run gold needs a daily close over $1263 today as well as next Friday. Gold and silver demand could be postponed if they fall today also. One should use the current correction in silver and further price falls (if any) to invest for the year end. I am staring at another parabolic silver bull run anytime between mid-July and mid-October this year.

Thursday Edition:   January 29, 2015

Gold Seeker Closing Report: Gold and Silver Fall Roughly 2% and 6%
By: Chris Mullen, Gold-Seeker.com

The end of Currency ‘Safe-havens'
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch

The Raging “Currency Wars” across Europe
By: Gary Dorsch, Editor, Global Money Trends

Saville says gold's flow doesn't matter; U.S. and China disagree
By: Chris Powell, Secretary/Treasurer, GATA

Outside the Box: 2015 Investment Themes
By: John Mauldin and Gary Shilling

Still In Control? Greece Says No
By: Bill Holter

Vancouver Conference Interview: The US Dollar is the lesser of all evil! - Mickey Fulp
By: GoldSeek.com TV

Vancouver Conference Interview: Why won't the FED Listen! - Michael Berry
By: GoldSeek.com TV

Vancouver Conference Interview: This is good for the mining industry! Yukon Premier talks mining & resources in the territory
By: GoldSeek.com TV

Are You Sure You Want to Delete This?
By: Dennis Miller

Have gold prices still got one last low to reach and are gold shares a good hedge against getting that wrong?
By: Peter Cooper

Vancouver Conference Interview: Gold is in a war with the US $ - Rick Rule
By: GoldSeek.com TV

Vancouver Conference Interview: We will be producing gold in H2 of 2015! - Yannis Tsitos
By: GoldSeek.com TV

Vancouver Conference Interview: We have based out on silver & gold and its going to be volatile! - Scott Drever
By: GoldSeek.com TV

U.S. Gold Production Down 11% In October
By: Steve St. Angelo, SRSrocco Report

The Founder no one knows
By: George Smith

Gold & Silver Market Morning
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch

EU Threatens Sanctions on Russia as War in Ukraine Intensifies, Greece Pivots to Russia
By: GoldCore

Wednesday Edition:   January 28, 2015

Gold Seeker Closing Report: Gold and Silver Fall With Stocks and Oil
By: Chris Mullen, Gold-Seeker.com

'Two Percent Inflation' and The Fed's Current Mandate
By: Ron Paul

Acceleration of Events with Rising Chaos
By: Jim Willie CB

The Age of Intervention Continues
By: Dennis Miller

Is The Gold Really There? Part II
By: Bill Holter

GoldSeek Radio Nugget: Jim Rogers & Chris Waltzek
By: radio.GoldSeek.com

The Swiss Franc Will Collapse
By: Keith Weiner

U.S. Gold Exports to Hong Kong and China: Doubled In October
By: Steve St. Angelo, SRSrocco Report

Why Companies with Female Board Members Outperform Those Without: Amanda van Dyke
By: The Mining Report

Gold & Silver Market Morning
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch

Cyber War Poses Risk of Bail-Ins to Banks and Deposits
By: GoldCore

Asian Metals Market Update
By: Chintan Karnani, Insignia Consultants

Tuesday Edition:   January 27, 2015

Gold Seeker Closing Report: Gold and Silver Gain With Oil While Stocks and Dollar Fall
By: Chris Mullen, Gold-Seeker.com

Seabridge Gold Gets the Green Light
By: Peter Spina, President, CEO of GoldSeek.com & SilverSeek.com

Vancouver Conference Interview: We won't be quiet - Darin Wagner
By: GoldSeek.com

Technical analysts have a right to be angry, but not at 'gold bugs'
By: Chris Powell, Secretary/Treasurer, GATA

How to Find the Best Offshore Banks
By: Nick Giambruno

Inherent Unfairness
By: Turd Ferguson

Silver and Gold: The Running of the “Bull"
By: Avi Gilburt

Connecting the Dots: Income Inequality? American Savers Treated Like Dogs
By: Tony Sagami

Will Greece Burst the Bond Bubble?
By: Graham Summers

There’s More to the Gold Rally Than European Market Fears
By: Frank Holmes

Is the Gold Really There? Part I
By: Bill Holter

Bread and Circuses (Not All Inflation Is About Footballs)
By: Guy Christopher

Silver Stocks Will Rule In 2015
By: Stewart Thomson

Gold: Its Time Has Come
By: Gary Christenson

Gold Resource Corporation Intercepts Multiple High Grade Parallel Veins at Switchback Including 1.71 Meters Of 13.45 G/T Gold, 860 G/T Silver, 1.81% Copper, 3.52% Lead And 7.18% Zinc
By: Gold Resource Corporation

Gold & Silver Market Morning
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch

Currency Wars – Russia and Netherlands Central Banks Buy 30.34 Tonnes Gold In December
By: GoldCore

Monday Edition:   January 26, 2015

Gold Seeker Closing Report: Gold and Silver Fall But Miners Gain
By: Chris Mullen, Gold-Seeker.com

Gold Resource Corporation Declares January Monthly Dividend
By: Gold Resource Corporation

India Silver Import 2014 At 7,063 Tonnes, Up 15%
By: Koos Jansen

Dollars and Gold: Deja Vu All Over Again
By: Mickey Fulp

Test of Strength
By: Bob Loukas

Canary's Alive & Well
By: Gary Tanashian

Thoughts from the Frontline: A Five-Year Global Financial Forecast: Tsunami Warning
By: John Mauldin

Gold & Silver Trading Alert: Is the Rally in Gold Over?
By: Przemyslaw Radomski, CFA

What would an emerging markets crisis mean for the U.S. dollar and gold?
By: Arkadiusz Sieron

Gold And Silver – Around The FX World In Charts
By: Michael Noonan

New York Fed's gold vaults' depositors and metal have been declining steadily
By: Chris Powell, Secretary/Treasurer, GATA

The Comprehensive Chartology of Silver
By: Rambus

Decoding the Gold COTs : Myth vs Reality
By: Dan Norcini

Timmins Gold Reports Record Production of 121,573 AuEq Ozs in 2014 and 25,304 AuEq Ozs For the Fourth Quarter of 2014
By: Timmins Gold Corp.

Independent Geotechnical Review Board Established for KSM Project
By: Seabridge Gold Inc.

Gold & Silver Market Morning
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch

Euro Gold Surges To EUR 1,168 After Greek Election Landslide
By: GoldCore

Archives: Commentaries | Gold Stocks | Market Updates