Gold Editorials & Commentary

Trade wars and lax fiscal policy are negative for the US dollar and positive for gold. Myth or fact? We invite you to read our today’s article about the effects of Trump’s actions on the greenback and find out whether weak dollar will save gold.

IRELAND’S Central Bank has refused to say if it plans to move almost €200m worth of gold bars from the vaults of the Bank of England as a result of Brexit, insisting that any such move would be “commercially sensitive”.

The price of palladium just exceeded the price of gold for the first time in 16 years. That’s an epic even. But what does it really mean? And why should gold, silver, and mining stock investors care about the small palladium market?

Powell has recently came up with the metaphor of wandering in the darkness. Will golden sunshine brighten the dark?

If the “risk on/risk off” stock market meme was absurd, its derivative – the “trade war on/trade war off” meme – is idiotic.  Over the last several weeks, the stock market has gyrated around media sound bytes, typically dropped by Trump,  Larry Kudlow or China, ...

Recently, one of my members was in attendance at the 32nd Economic Outlook Symposium hosted by the Federal Reserve Bank of Chicago. On the first day, he sat in a room with 150 economists. When asked how many see a recession in 2019, all of two hands went up.

The big question on the minds of most investors is what will happen to the markets and precious metals in 2019.  Well, the answer depends mainly on two factors, the oil price and overall weakness in the economy.  If the oil price continues to decline, it will...

– What are “Fake Markets” and will they lead to another global financial crisis? – What do fake markets mean for stock and bond market performance in the future? – Is this the right time to re-balance portfolios and hold more cash and gold?

I read a mainstream report about a decline in gold imports into Hong Kong, with the journalist concluding that gold demand in China is therefore down.

One of the most reliable indicators of an economic slowdown just flashed a warning sign this week. On Monday, the yield curve between the five-year Treasury yield and three-year Treasury yield inverted, or turned negative, for the first time since 2007.

Copper is often referred to as "Dr. Copper" for its ability to foreshadow moves in other markets and the global economy in general. Today we coin the term "Mr. Palladium", as this particular metal may be offering its own bit of foreshadowing. And what might that be...

Metals should be primary beneficiaries of an imminent greenback peak, with normalization in U.S. stock-market out performance, Federal Reserve tightening near a finish and the trade-weighted broad dollar approaching multiyear highs.

The double bottom is the world’s most stressful chart pattern.  It forms after a significant price decline.  The first low in the pattern creates substantial panic and fear in most investors.

President Trump and President Xi Jinping agreed to halt escalation in their trade conflict. At the same time, the Fed officials became more cautious about the pace of future interest rate hikes. How will the softening of the US trade and monetary policies affect the...

I wonder how many of you had your brains in gear when following the action in the market this past week. For those that did not, let’s review what happened.

Gold continues to make headway in herky-jerky fashion, failing to satisfy bulls but also denying bears something to cheer about. On Monday, the February COMEX contract rallied to within a millimeter of the 1240.20 Hidden Pivot target shown.

As I was shuffling papers in some old files, I came across a slip of paper on which I had written down the price I had paid for a Mexican $50 gold peso coin: $717 Mexican pesos.

Yesterday evening marked the beginning of Hanukkah. The Jewish festival of lights commemorates the reclamation of the Holy Temple in Jerusalem from the Syrian-Greeks in the second century BCE. According to accounts, after Judah and his forces liberated the temple,...

We humans are supposed to be rational. Unless we have some disorder we do not, as a rule, do something weird, strange or unexpected on the spur of the moment. When an individual does break normal patterns of behavior it might be perceived as an instance of temporary...

The yellow metal clinched its first back-to-back monthly gains since January, as holdings in ETFs expand and investors are increasingly optimistic for the metal in 2019. President Donald Trump renewed his criticism of Federal Reserve Chairman Jerome Powell this week...

JPMorgan Chase and a number of other bullion banks are in a whole lot of trouble. Evidence detailing years of rigging markets and swindling clients is piling up.

What is inflation? Any layman can tell you—and nearly everyone uses it this way in informal speech—that inflation is rising prices. Some will say “due to devaluation of the money.”

The International Monetary Fund (IMF) previously deemed Deutsche Bank as the most systemically dangerous bank in the world.

To everything there is a season, and a time to every purpose under the heaven.   Ecclesiastes 3:1. Last month Bill Bonner wrote an interesting article about trading the Dow/gold ratio.  He recommended selling the Dow and buying gold when the ratio was above 15 (the...

Longer-term, SPX is most likely tracing out an important top before it starts (resumes) a correction taking it significantly lower. Only long-term investors will debate what lies ahead, but even at best, the anticipated decline could amount to several hundred more...

That blur you just saw was November. A month alone in which the trading range for Oil was a dramatic 32%; even both Silver and Copper traced ranges exceeding 7% for the year's eleventh month; the S&P 500, too, had a 7% trading range.

I last wrote an article on Friday November 9th as the Dow Jones closed with a value of -3.13% in the BEV chart below.  Three Friday’s later and the Dow Jones closed today with a value of -4.81%.  Not much of a difference, until we note between these two Fridays the...

The Fed blinked. This was not news to Macro Tourist Kevin Muir or readers of Biiwii.com, which is very pleased to publish his work.

Our proprietary cycle indicator is up. Gold sector is on a major sell signal. Speculation remains at multi-decade low, allowing for a potentially substantial short covering rally in the near future.

The Fed was notably more dovish in its tone this week. On Wednesday, Fed Chair Powell warned of "generally elevated" asset prices. But then he followed that with: "The resulting drop in asset prices might be particularly large, given that valuations appear elevated...