Reader Ray Boyd asks, “How does one determine if a certain commodity or item is going up in value priced in mg or grams of gold?” This is a foundational question. When you buy any asset, you are either selling gold to pay for it, or getting the funds from elsewhere and passing up the […]
This podcast is a recording of a conversation I had on July 30th with economist Keith Weiner, CEO of Monetary Metals and president of the Gold Standard Institute USA. We intended to chat for about 20 minutes, but wound up talking for almost an hour and a half! Due to the length, I’ve broken it […]
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Reader Tony Lewis recently wrote to me with some excellent questions: So when looking at your charts, in your opinion, would it be sound to buy when something is historically low in terms of gold grams? And what about gold itself? Is there a chart that determines when to buy gold? Let’s start with the […]
Filed under Bitcoin, Bonds, Coffee, Commodities, EUR, gold prices, Platinum, price of gold, S&P 500, Stocks, US Dollar by
Markets were almost all higher this week, with only the HUI gold stocks losing ground. Bitcoin and the Japanese Nikkei stocks gained more than any other asset classes. The USD and JPY the strongest of the government-issued currencies. On Friday I was a guest on Power Trading Radio with John O’Donnell. We talk about stocks, […]
Filed under Bitcoin, Bonds, Coffee, Commodities, Cotton, Dow Jones Industrials, EUR, Euro, Platinum, price of gold, S&P 500, Silver, Stocks, US Dollar by
This was a mixed week for everything but government issued currencies, which were all lower. Bitcoin gained more than any other asset class, while cotton and coffee showed the greatest losses. Precious metals gained slightly, and gold stocks were unchanged. This assessment is based on the London PM fix; if the New York close was […]
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Bitcoin was the only falling asset this week, as the US Dollar surged against gold and other currencies, pulling most other assets up with it. Crude oil was especially strong. Bitcoin gave back about a third of last week’s gain, falling 5.5% to close at 2.53 g. Trading volume was slightly higher than last week, […]
Filed under Bitcoin, Bonds, Coffee, Commodities, Cotton, Dow Jones Industrials, EUR, Euro, gold prices, Platinum, price of gold, S&P 500, Silver, Stocks, US Dollar by
This week most markets continued to make gains, with all assets except silver and coffee advancing. Japanese stocks were especially strong. Bitcoin rose 33.5% to close at 2.57 g. This more than recovers its drop last week. Expect continued volatility! Among the government currencies, the JPY was the weakest, gaining 1.3%, while the CAD was strongest, gaining […]
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Many people are rightly concerned that the US Federal debt has been exploding in the last few years. A quick look at the following chart will show why: This chart doesn’t try to show all the debts of the United States, just the publicly acknowledged debt of the federal government. So it doesn’t include state […]
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I got a great question in my email this morning, and I’d like to share it, and my answer, with you. Using your methods, how can one know when gold and silver are grossly overvalued? Much like the tech stocks around 2000-2001? I don’t think of it in quite those terms… I use gold as […]
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The USD, at 19.4 mg, is down 2% for the year to date, but is 4.5% above it’s 200 day moving average and 18% above its all time low of 16.4 mg, set in September of 2011. It has been in an uptrend since then, crossing above the moving average line on 3/14, and testing […]
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