Syria, Pipeline Politics, OPEC & the USDollar

“Syria is about the last gasp for the Petro-Dollar, the emergence of energy pipeline geopolitics, the rise of the NatGas Coop, the new dominance of Russian Gazprom, the eclipse of OPEC, the fall of the house of Saud, and a grand adjustment process in global commerce and banking. Refer to trade settlement outside the USDollar […]

Continue reading

Russia, Turkey And France Among 15 Central Banks Buy Gold In July

“Friday’s AM fix was USD 1,374.50, EUR 1,028.59 and GBP 880.30 per ounce. Yesterday was the Summer Bank Holiday in the UK. Today’s AM fix was USD 1,411.00, EUR 1,057.80 and GBP 909.38 per ounce. Gold rose $6.10 or 0.44% yesterday, closing at $1,402.40/oz, above resistance at $1,400/oz. Silver rose another $0.32 or 1.3%, closing […]

Continue reading

13 Reasons Why Gold Will Hit $5000/oz

“Back in November 2003, before the Hat Trick Letter was hatched and launched, a seminal article was written about 25 reasons why Gold will rise. It was updated afterwards, around 2008 with a couple more reasons. Given the extreme situation in the last few months, the entire outlook has changed. The gnarly intractable crisis began […]

Continue reading

13 Reasons Why Gold Will Hit $5000/oz

“Back in November 2003, before the Hat Trick Letter was hatched and launched, a seminal article was written about 25 reasons why Gold will rise. It was updated afterwards, around 2008 with a couple more reasons. Given the extreme situation in the last few months, the entire outlook has changed. The gnarly intractable crisis began […]

Continue reading

Fed hits the kill switch

“On Wednesday the Fed released the minutes from its July 30-31 policy meeting.  Minutes from the meeting showed that most members of the FOMC agreed that a reduction of the stimulus was not yet appropriate.  Only a few thought it was time to “slow somewhat” the pace of the stimulus policy.   Investors continue to […]

Continue reading

Gold Market Update

“All the pieces are in place for a major uptrend in gold to begin right away, and it appears to be starting as this is being prepared. The Commercials have cleared out virtually all of their short positions, for a massive profit of course, meaning that the slate is wiped clean for the game to […]

Continue reading

Gold Market Update

“All the pieces are in place for a major uptrend in gold to begin right away, and it appears to be starting as this is being prepared. The Commercials have cleared out virtually all of their short positions, for a massive profit of course, meaning that the slate is wiped clean for the game to […]

Continue reading

The two most important charts you’re likely to see all day

“Featured is the weekly gold chart, with the US dollar at the top.  The rising dotted lines in the gold chart coincide with falling dotted lines in the US dollar index chart.  The long uptrend line supporting the dollar coincides with the latest correction in the gold price.  The arrow in the dollar chart points to a possible […]

Continue reading

What’s next for the Dollar and Currencies?

“In the short to medium term, the U.S. dollar and currencies are heavily influenced by what the Fed may be up to next. As the Federal Reserve (Fed) may be reading tealeaves as much as anyone else, we may be facing particularly high policy uncertainty that, in turn, reflects on elevated volatility in the bond […]

Continue reading