Skip to main content
loading
loading

Commentaries

Is Fed Head, Jay Powell, Serious?

This is indeed the Golden Age of Fraud, with those appointed to manage the system ethically and responsibly leading the charge. The actions at the Fed are conspicuously irresponsible, if not beyond appalling.

The Big 8 Are Still Mega-Short Silver and Gold

I'm also watching the flows of physical metal into the world's mutual funds and ETFs, which continues unabated -- and at a rabid pace.  The amount of silver and gold going into these funds continues to outpace world mining production -- and the amount of silver that JPMorgan has been ordered to part with, or is prepared to sell, is finite.  The same can be said of how much unallocated gold there is available in London, as that's most certainly the source for a large percentage of the gold that…

The Magnitude Of Long Term Profits In A Gold Secular Cycle

However, when compared to the magnitude of gold gains over a secular cycle, the recent price movements have been quite small in comparison to what history shows us could be on the way

A Tale of Two Precious Metal Bulls

How much higher can gold go? Bank of America raised its 18-month target price to US$3,000 an ounce, due to dovish central bank policies; Goldman Sachs analysts have their eye on $2,300, based on similar concerns over currency debasement.

Labor Dept. Trumps Its Own Numbers

Spin it up, Boys! Spin it up high! The Labor Department should go into the money-laundering business because they own the fastest-spinning, number-washing machine out there.

Yellow Flag Jobs Data

Loss Exposure | Stiff Drink Time | Crowding Out | The Absurd, Totally Misleading Unemployment Report | Puerto Rico, Montana, Missing Maine, and Changing Life Habits

The Dawn of Gold

Many believe July 2020 was one for the gold history books, but it wasn’t even a top 10 move in gains for gold historically. In fact, last month’s big move in gold to all-time U.S. Dollar highs was the 23rd best spot monthly return. Let that sink in.

US Dollar Devalues by 99% vs Gold in 100 Years—Gold Price Crosses $2,067

The spot gold price crossed $2,067 dollars per troy ounce today, another all-time high. Since the 1930s the U.S. dollar has lost 99% of its value against gold.

Has the Fed Let the Inflation Genie Out of the Bottle?

The dramatic ascent of precious metals markets this summer reflects what could be just the start of a longer-term decline and fall in the Federal Reserve Note's value and status.

No “V.”

Though there is clearly no “V” in the economy, there has been a “V” in stocks (though it appears to be starting to sputter out); but how does this rocket rally compare to famous “bear-market rallies” that plunged even lower in the end..

Subscribe to Commentaries

Newsletter Signup

GoldSeek Free Newsletters
GoldSeek Daily Edition
Gold & Silver Seeker Report
Gold Seek -- Peter Spina