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Friday Edition: July 30, 2021

Gold Seeker Issue #75 ~ This Week In Mining: Beginning of Earnings Season, Has Gold Broken Its Short-Term Downtrend?

It was a good week for the metals and miners, coming on the back of the latest comments from Jerome Powell. He admitted that economic growth still has a lot of catching up to do. He knew the first estimate of Q2 GDP (before it came out) missed by 2.0% (6.50% vs. the 8.50% estimate), providing the ideal environment for gold; inflation, very low nominal yields (even more negative real rates), and economic uncertainty, with the potential for the CV-19 Delta variant becoming widespread. It looks…

COT Gold, Silver & USDX Report - July 30, 2021

Positions as of Tuesday, July 27, 2021.

Gold Stocks’ Autumn Rally 6

Gold portfolio allocations should soar too on the raging inflation unleashed by the Fed nearly doubling the money supply since March 2020’s stock panic.  This is a great setup for a big gold-stock autumn rally.

The Fed Goes Full Dove: Rocket Fuel For Gold, Silver and Mining Stocks

I ordinarily do not spend time reading the FOMC policy statement after it’s released, saving that brain damage for CNBC. But I read the June release to assess for myself whether or not the Fed had tilted toward a more “hawkish” policy stance..

Precious Metals Update Video: Gold's Solid Performance

Gold's decisive move, but the price at the 200 day moving average. An important area.

Thursday Edition: July 29, 2021

Gold update: Need follow through

It has been my opinion for some time that the intermediate cycle low has been hit in gold. The Gold cartel fought tooth and nail to push gold behind $1,800 but the FOMC meeting was potential trigger event..

Precious Metals Update Video: Gold trying to breakout

Gold's battle ground is $1,816.10 and market is working to breakout to the upside.

Wednesday Edition: July 28, 2021

Aztec Minerals: Company & Exploration Update

Aztec is a mineral exploration company focused on discovering and developing quality gold-copper/large.....

GoldSeek Radio Nugget: Peter Grandich -- There are few safe havens left..

The “insanity is in the bond market, yielding less than inflation.” He likes golds, silver and uranium, amid the “Bubble of All Bubbles… only a matter of weeks to a few months before..

Did Basel III Scam The Gold Market - Andrew Maguire

Was there really an exemption for London clearing firms for Gold? Does it matter when the rest of the World has adopted Basel III? Will London Gold traders be forced to comply by other markets?

COMEX Option Expiration Price Control

Some of you will question why it's valuable to document the obvious price-rigging by The Banks. The answer? Because remarkably there are still "analysts" ...

Housing Prices Slide after Housing Sales Fall

We are entering a situation that could turn into a true oxymoron where lower prices equal higher prices as early as this week at the Fed’s Federal Open Market Committee meeting. I’ll tell you how that works.

Microstrategy, Bitcoin And A Drunken Saylor

Michael Saylor, CEO of Microstrategy ($MSTR), has completely mortgaged the fate of Microstrategy on Bitcoin.

Precious Metals Update Video: FOMC Day

Gold needs to clear the $1,816.10 to get going to the upside. Market is oversold. 

Tuesday Edition: July 27, 2021

Gold Stocks: Fundamentals Versus Price

Moving to a short-term approach for the stock market and buying the miners with an iron hand at major gold bullion support… this approach will see gold bugs survive and prosper!

Showdown: Paper vs. Physical Markets

Demand for physical bullion is unprecedented. However, the paper markets, where price discovery is purportedly done, remain untethered to physical supply and demand.

Precious Metals Update Video: Two Day FOMC Meeting Begins

I am of the opinion that the Fed will talk about tapering and that is where I think it will end.  The gold market is stuck.

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