With the Sequestering in the U.S.A. and no means of a solution, automatic cuts took place as of midnight Friday. Also news that Americans income dropping to worst level in 20 years; City of Detroit not being able to pay its’ bills and looking for a bailout; Jobless rate in Euro zone for youth approaching...

The numbers this yesterday morning provided some indication that the market may slowly be turning as housing numbers although negative were spun in a positive light. This positive spin may have been the catalyst to an implosion in commodity prices as Gold tumbled USD$40.20 to 1563.90/USD$/OZ. Silver took it on the chin $0.90 to $28.53...

The previous night the World awaited, with anticipation, the ‘State of the Union’ address by President Obama. Entering the historical chamber, high fives were exchanged with the participants as he made his way to the podium. We would tend to believe that his proclamations will become reality, even after the standing ovations received. Was there...

The Canadian dollar continued its downward spiral. Canadian job numbers were not great on Friday, even though the unemployment rate edged down from 7.1 to 7.0%. As stock markets opened a little negative oil rebounded but gold takes it on the chin! Gold drops a whopping $18.00 to 1649.00/USD$ while Silver slips $0.47 to $30.98....

On Superbowl Sunday millions of dollars were spent on food and wagers. Bets ranged from gentlemanly to “the mortgage ones’ life”. The loan sharks are trying to collect this morning knowing many have no means to repay their debt. I am sure that body parts are becoming the currency of choice as the criminal element...

Profits are great but at what expense? In Brazil the answer came in the form of a horrific accident possibly the result of promoters trying to capitalize on the testosterone induced youth while ignoring bylaws and regulations imposed for their safety? The truth will be found unfortunately many won’t be returning home. Smell the roses...

Gold may not be stored in Central Vaults but a more crushing blow would be the lack of power in our urban centers. We are all plugged in! Image life without power and how your daily routines would be affected? Our dependency on oil has been the result of big business and power hungry politicians...

With the turn of events and the scandalous realization that tons of Gold may not be stored in Vaults of Central Banks around the World; Gold may be ready to explode to new levels. Are we witnessing the re introduction of the Gold Standard to bring stability back to World Governments? Gold is up $7.00...

With focus now concentrated on increasing the debt ceiling in the USA, the printing presses are getting ready to create more money. As a result the commodities have improved not only because of this scenario but because China recently showed signs that exports were increasing. Today Gold dips $4.00 @ 1680.00 after dropping toward $1626.00....

Nothing seems important after what occurred in Newport, Connecticut with the loss of so many innocent people, especially children. Yet the markets are open and life goes on. Today Gold tries to regain its’ grip as it is up $3.10 @ 1674.00; Silver took another heavy hit, down $0.34 to 31.33/USD/oz. Oil continues to run...

The Greeks are diverting from complete austerity, trying to keep the populace from total revolt, so how do they accomplish this? They spend borrowed money to cover their debts, simply buying time and avoid the inevitable. Meanwhile the Americans are waiting for political decisions to avoid the pending financial cliff that could spiral them into...

With the Europeans delaying an inevitable reality with Greece, a false sense of calm allowed the yellow metal to retreat as worries subsided. But be weary of the pending Financial Cliff and continued quantitative easing. Once these issues come back into the mainstream, Gold should rise again. Today Gold slipped $7.90 @ 1741.70; Silver down...