Commodity Report

Gold Gets Crushed- Profit Taking?

The primary reason the U.S. Government and Federal Reserve intervene actively in the gold market is to keep to keep the price from moving higher in order the protect the reserve status of the U.S. dollar. Given that we know Russia and China are actively disabusing their foreign reserve holdings of Treasuries – quietly and...

Why Gold has Recently been in Decline

The primary reason the U.S. Government and Federal Reserve intervene actively in the gold market is to keep to keep the price from moving higher in order the protect the reserve status of the U.S. dollar. Given that we know Russia and China are actively disabusing their foreign reserve holdings of Treasuries – quietly and...

Printing Money Continues as New Chairman will use ‘Words’ as a Monetary Tool

After Gold slumped to low $1200 and Silver Below $19.00/OZ these past few months, recent articles stated emphatically that Gold was not the investment of choice to hedge against the potential downturn of markets. Don’t be swindled out of your positions by these fraudsters. Stay long physical Gold and Silver and be careful when playing...

Bitcoin A New Currency or Ponzi Scheme

The virtual currency Bitcoin has soared to over $900USD, after a US Senate committee hearing were told virtual currencies are a “legitimate financial service” with the same benefits and risks as other online payment systems. “From a distance, it very much looks like it could be a speculative bubble. It’s a small market, with a...

Janet Yellen will Stay the Course

Janet Yellen indicated she’ll press on with the Federal Reserve’s unprecedented monetary stimulus until she sees a robust recovery, downplaying risks the policy is inflating asset bubbles. The commodities acted positively as did markets. Gold rises +2.50 at $1,288.50USD/oz; Silver recovers to 20.75 +0.3 leaving the Gold Silver Ratio at 62.11 widening from historical norms,...

Deflationary Talk Puts Damper on Gold

With deflationary pressures mounting in the Euro zone, the ECB took action by lowering rates 0.25%. This proactive response is meant to counter the more concerning and damaging effect of deflation. When prices are reduced and borrowing is based on values it is much more difficult to extract funds from non performing assets to borrow...

Gold and Euro fall on Central Bank Bets

The euro weakened the most in six months vs. the USD$, as inflation in the region slowed more than forecast and improving U.S. economic data fueled speculation the Federal Reserve will taper stimulus in coming months. Treasuries and gold fell. Inflation in the euro region slowed to a four-year low of 0.7 percent and unemployment...

Stalemate in DC Budget a Concern

American Civil Servants are being asked not to report to work as the budget process is being held hostage. The Republicans and Tea Party want to reduce or eliminate Obamacare in order to compromise and increase the debt ceiling. But Obamacare, will be the Presidents legacy. In the land of milk and honey the majority...

Israel Warns the World about Iran

Don’t be fooled by Iran,  PM Netanyahu of  Israel warns as the world may be ready to forgive and forget as the leadership of Tehran is using conciliatory gestures as a smoke screen to conceal its’ true intention of creating a nuclear bomb. Could it also be the fact that the USA failure to act...

The Calm before the Storm 09 27 2013

Last week the Federal Reserve came out with a statement that they would not taper the $85 Billion purchase of toxic assets any time soon due to prolonged weak economic fundamentals. Commodities soared, the equities exploded higher as liquidity would remain. Then the next day water was splashed on the fire and hell froze over...

Markets Await President Obama Speech

With a potential resolution to avert military action by the Americans the value of commodities have pulled back prior to President Obama speech this evening. As Oil, Gold and Silver advanced on the possibility of War, the Russians have proposed that the Syrian Assad Government hand over all their biological weapons and give President Obama...

Gold Melting At the Start of Summer

Down approximately $300/oz within the last few months, from USD$1501 we saw a little reprieve in the gold price after breeching the USD$1200 mark. It looked like a total freefall as many looked at the past performance and locked their money into funds hoping for better returns. Unfortunately, manipulation in the paper market has been...