Posts tagged 'Gold'

In 2008, gold was taken from $1020 to $700 and silver was pounded from $21 to $7 during the period of time that Bear Stearns, Lehman and the U.S. financial system was collapsing.

It is true that the metals may sell off initially in the beginning, but I believe gold and silver will disconnect from the broader markets and move up much higher.

Einstein never proposed a monetary theory of relativity.

CFTC-generated data for COMEX gold has reached levels normally considered extreme and bullish... but nothing about precious metals trading in the summer of 2018 is "normal".

The real question that investors should be asking: whether America is also a Turkey.

Hear Eric Sprott discuss the global economy, the stress in the emerging markets and the latest updates for the precious metals.

In just the past few years, global asset values have risen to the biggest bubbles in history. Unfortunately, this doesn’t seem to be a concern to the market because most people believe they are getting richer.

“The proof is in the pudding”. This means that if Gold continues to track movements in XAU/CNY, and USD/CNY in particular, then you have your answer. It’s self-evident, simple math.

Most people are not stupid. The problem is that they are stuck in a false paradigm, which blinds them to the truth.

Last week, we focused upon signals that might betray a PBOC effort to manage a lower price for COMEX gold. This week, let's simply review the latest Commitment of Traders report on an absolute basis.