Nothing wrong with Gold. I am just as invested as I was a year ago

The problem is:

1) Manufacturing renaissance in America.
2) Oil boom however you want to play it.

I believe Gold is manipulated but I also believe that there are better wasy right now to make money.

I saw this 3 years ago. Do you?

Wow, Cory. Are you a parrot for Chris Temple. You said the exact same thing that he said at the end of your commentary. Do you really have your own opinion on anything?
You guys are suffering from myopia. There are lots of fantastic companies to invest in that are not in the precious metals or any resource sectors. I have made great money in many of these outstanding companies that are growing both their revenue and earnings by incredible percentages quarter over quarter and year over year.
And unfortunately, it’s very likely that you guys know nothing about these companies because you’re so focused on these sectors that are and have done nothing for investors over the last three and almost four years now.
Let me provide you with an example of a Canadian company called Avigilon. Have you ever heard of this company? And if you have, are you invested in it? And if you’re not invested in it, why not? Check it our for yourself. This is a company that makes real products and sells both them and it’s services globally and is an incredible growth story.
t.avo

Excellent comments Chris. Some of us here have never forgotten that it was the devaluation of the dollar after 2001 that really drove up gold (and everything else). Since the dollar more or less stabilized and moved into a trading range after the GFC we have seen gold peak and then decline.

No big surprise really. We should always stay focused on the commodity sector as a whole in my view. Some in the gold community get so damned fixated on precious metals alone that they have no ability to divine any basic insights such as (for example) that almost ALL commodities are currently range bound or have been in decline.

It is just that condition of the market that resulted in my theorizing that as so many of the resources are approaching lows or bottoms of one sort or another that this will be a key to when gold really takes off. As an outcome I have written that I saw a possibility of a summer decline for stock markets.

That is suddenly looking less likely unfortunately. What it means in other words is that the bottoming process in agricultural resources will be seen in summer and the rise in the softs will happen as usual as we move into fall. So seasonals still matter.

The problem for me is the timing of an end to QE in November as resources are again climbing suggests more strongly that equities will see their pullback then. But are the markets strong enough to shrug off the termination of exceptional interventions? Well if bonds really are going to be “gated” then maybe the firepower really is there to keep prices aloft or, at the minimum, put something of a floor under potential declines as more money pours into the equity sectors.

So when it comes to gold I think we still need to look at it from a sectoral perspective and never forget that it has been responding in a way that is similar across most of the commodity spectrum while a strong updraft took hold in stock markets.