Tag Archives: gold bullion

Bottom for the gold market?

30 Aug
Pouring Liquid Gold to make the biggest gold coin in the world

Q: Is there an update on the bottom for the gold market? A: Yes. On the bullion, it appears that the low was $1045 about 8 months ago. The shares made their lows mostly a month later. Some shares such as ABX, bottomed a half year earlier. It has been a fragmented market pattern. Q: […]

US Gold Market Infographic

31 May
Infographic US Gold Market

The US Gold Market is best known as the home of gold futures trading on the COMEX in New York. The COMEX has a literal monopoly on gold futures trading volumes worldwide, but very little physical gold is actually exchanged between COMEX trading participants, and gold inventories maintained in COMEX vaults in New York are […]

End of the bear market in gold?

03 Mar
1929 U.S. Quarter Eagle - End of the bear market in gold

Q: Do you use fractal geometry? Could you update us on the wave pattern recognition you’re looking for to verify the end of the bear market in gold? Do you look at volume, momentum indicators, gaps, moving averages, etc.? A: I look at all of that, but none of it is controlling. Wave pattern recognition […]

Why Gold Bullion and Gold Shares Diverge

13 Jan
Gold bullion ingots

Q: Why do price and wave pattern often diverge between gold bullion and gold shares? A: Different market participants trade in the gold bullion verses the shares. They respond differently to market conditions based on different needs, perceptions, and subjective judgements. In gold mining shares, there is no central bank intervention. In the bullion market, […]

Gold: Primed for Recovery

13 Nov
gold coins

NEW YORK (November 13, 2015) – Jeffrey Nichols, Senior Economic Advisor to Rosland Capital, had the following comments today: Despite increasingly strong supply/demand fundamentals, gold prices have continued to tread water – more or less within a narrow $100 range – having hit overhead resistance a few weeks ago near $1175 and now testing support […]

Market Timing the Low in Gold

24 Sep
Holy Roman Empire crown - Market timing

From a purely mental perspective it’s a snap. We know when the low will occur and the gold market will turn from a bear to a bull. It will happen when most market participants expect a higher future price than the then spot price plus the cost to carry. Ludwig von Mises, in Human Action, […]

How Much Gold Was Under WTC Complex?

11 Sep
gold bullion ingots

American Free Press by Keith Johnson, Aug. 27, 2011 In 2011, a coin dealership ran a television ad for a 10th-anniversary 9-11 commemorative coin that was allegedly “clad in .999 pure silver actually recovered from vaults beneath the ashes of Ground Zero.” That commercial provoked retired New York Police Department Captain Tom DePrisco to tell […]