Gold Editorials & Commentary

The increasingly tense relationship between the world’s two largest economies continues to be defined by impasses in the trade policy discussion between Chinese President Xi Jinping and U.S. President Donald Trump.  Within the equities markets, the effects of these...

In our continued effort to help skilled traders/investors understand the future risks associated with geopolitical market turmoil, the EU Elections next week and the continued US/China trade war, this Part III of our Sector Rotation article will highlight certain...

The last few trading days in gold were quite interesting, but overall gold has been a quite boring market in the last couple of months. Gold’s volatility index dropped to new lows as the current back and forth movement is just a small part of the same kind of...

Stocks retraced some of their short-term rebound on Friday, as investors’ sentiment worsened once again. The S&P 500 index bounced off the nearest important resistance level of around 2,890-2,900. Will stocks resume their downtrend?

There is a drumbeat pounding on a monetary issue, which is now rising into a crescendo. The issue is: China might sell its holdings of Treasury bonds—well over $1 trillion—and crash the Treasury bond market. Since the interest rate is inverse to the bond price, a...

We observe that since 2018 there is increasing stock market volatility (VIX) not only in the DOW index but also in other global stock markets. One principal factor for the recent increasing volatility is the trade war between US and China. In general the stock...

As I watched and traded the market action over the last several weeks, I witnessed something quite amazing. Yet, this was not the first time I have seen this.

Current Position of the Market

SPX: Long-term trend – Final long-term phase on the way? How much longer, is the question.

Gold and silver dropping back again late last week had investors in the Precious Metals sector feeling despondent, especially as their fears were magnified by at least one analyst calling for gold to drop to the low $900’s or even lower, which is normal when prices...

Gold's year-to-date track per the above Scoreboard is but a mild downward drift, quite akin to that which 'twas to this point in 2018, and certainly not as were the more robust upside progressions across the same stint in 2017 and 2016.

It has been a wild ride for the Stock Market over the past several weeks. Is the next major decline starting? Or is this just Twitter indigestion?

Gold sector is on major buy signal. GLD is on short-term buy signal. GDX is on short-term buy signal. XGD.to is on short-term buy signal. GDXJ is on short-term buy signal. 

Stocks posted their fourth straight weekly loss across all three headline indices this week, but more important than that they proved convincingly on Friday that the market is as fully intoxicated as I claimed in my recent article, “Hopium Floats.”

The Fed promised that the quantitative easing would be only temporary and that it would reduce its ballooned balance sheet to the pre-crisis level. Now, as the Fed adopted an interest targeting with ample-reserves, we know that this is not going to happen. We invite...

Here are today's videos and charts.

The major gold miners’ stocks are drifting sideways with gold, their early-year momentum sapped by the recent stock-market euphoria. But they are more important than ever for prudently diversifying portfolios, a rare sector that surges when stock markets weaken....

Many traders are watching the recent 3-day rally thinking “this is the end of the downside price move” and targeting new entry positions for the eventual upside price breakout.  We're here to warn you that our ADL predictive modeling system is suggesting we could...

Although most of the precious metals sector has trended lower in recent months, gold has held up well. It and the other, weaker components of precious metals got a boost on Monday when China retaliated with tariffs of its own.

I have had a rough time for the last few weeks coming up with commentary that has anything new to say. It seems that we are bombarded day after day with talk of trade wars, tariffs and counter-tariffs.

On Monday, the price of gold has briefly jumped above $1,300. For the next two days, the yellow metal has been holding near that important psychological level, although it failed Tt rally subsequently. Let’s take a look at the trigger(s) of the upward move. The...

Stocks retraced some more of their Monday’s sell-off on Wednesday, as investors’ sentiment improved following economic data releases, among other factors. The S&P 500 index fell the lowest since late March and it got closer to the 2,800 mark on Monday. Will the...

I would like to update some ratio combo charts which may give us a sense of the bigger picture. It’s like putting the pieces of a puzzle together where the small pieces don’t look like much by themselves but when they’re all added together it paints a clear picture...

Gold hasn’t had much success moving higher yesterday. Its breakout above the neckline of the previously completed head-and-shoulders pattern is close to being invalidated. Will that invalidation happen prior to or shortly after the Friday’s options expiry? In...

We’re seeing some nice moves in the currencies today. After a couple of days hesitating, the euro has made a profitable move lower. The loonie bulls aren’t making much headway either. Today is simply a risk-off day. In days like this, it’s important to be positioned...

Egon von Greyerz discussed “3 Dozen Reasons to Hold Gold” and mentioned price targets of $30,000 for gold and $3,000 for silver. Gold sells for $1,310 and silver sells in the mid-$15s. His numbers suggest that gold could increase by a factor of 20 and silver by...

On several occasions since late 2018, we've written about the current similarities to 2010. This "2010 9" theory became our theme for 2019, and we wrote about it here:

"We are fighting all the money and the power in the world ..." - CALL To ACTION: Precious metals suppression is only possible if gold buyers and investors give their money & energy to Wall Street and keep money in banks and in proxy gold such as ETF gold,...

The stock market fell in capitulation on Monday, a ‘c’ of “z” type wave that got everyone beared-up. Monday was the 16 TD low and could be the 20 week low as well (94 trading days of the 100 trading day low +/- 15 trading days). The ten week went 49/50 trading days...

An unexpected news event caused the stock market to plunge over the past week, with the Dow Jones Industrials losing several hundred points. Stocks had been crawling back up toward new highs last month in low volatility trading…until suddenly, a black swan arrived...

I have a confession to make: There are no free markets anymore; there are only interventions. Of course, I bow to Gold Anti-Trust Action Committee (GATA) cofounder Chris Powell, who coined that brilliant phrase a few years ago, because it was certainly my exposure...