Gold Editorials & Commentary

Yesterday an entire California town burned down. Paridise, CA has (had) 27,000 residents and over 1,000 buildings, and now it’s pretty. That fire and several others are still expanding across the state, threatening tens of thousands of homes. The sets of the TV show...

The rally from 2604 is deemed to be a countertrend rally, or a secondary reaction to the primary trend which is now down. As of a week ago Friday, the countertrend had rallied to 2750 and was in the process of pulling back before moving higher. 

Pre-Stateside elections a week ago we penned (the "BUT" therein notwithstanding): "...should Congressional power shift left, gold ought shift up and get above The Box (1240-1280). Should Congressional power stay right, gold ought shift down and fumble about in the...

The Dow Jones saw some action this week. Wednesday, the day after the mid-term elections it advanced by 2.13% from its previous day’s closing price, our fourth day of extreme volatility since early October. Everyone was happy about the nice daily gain. But I’m only...

Gold sector is on a major sell signal. Major signals can last for months and years and are more suitable for long-term investors. Speculation remains at multi-decade low, but short covering has begun with specs back to net long.

It is difficult to provide an update on something that hasn’t moved in months. Other than a spike higher on October 11, gold has basically done nothing in the past three months. The current range remains 1214-1251.

Here are today's videos and charts:

Crude Oil and Industrial Metals continue downward. This is significant per this NFTRH monthly chart showing these items and the broad CRB itself having hit trend lines from the 2008 highs. These pullbacks from long-term trend lines are notable and qualify cyclical...

The recent weakness in Gold and gold mining stocks is not over. In fact, we are worried about another leg down getting underway. If that comes to pass, we are positioned to profit from it. But I digress.

The widely-held mega-cap stocks that dominate the US markets are just wrapping up another blockbuster earnings season. Sales and profits soared largely due to Republicans’ massive corporate tax cuts. Still these lofty stock markets are vulnerable to serious downside...

With Brexit around the corner and stock markets plunging in October – is now the time to invest in gold is asked by This Is Money this week. They kindly mention GoldCore as a leading “online bullion dealer” of physical gold (bars and coins) and informed their...

“We are in a bond market bubble that’s beginning to unwind.” This is the statement of Alan Greenspan. Is he right? We invite you to read our today’s article about the US bond market and find out whether it is in bubble or not – and what does it all mean for the...

Bouncing from Oversold - Following the sharp break lower in October, stock markets are now bouncing from an oversold position. The NYSE Index lost -11% in October, so a relief rally is overdue in the short-term. A lot of damage has been done to the technical picture...

We are getting ahead of ourselves here. Gold does not circulate as money – yet. It might never do so. Perhaps the end of government currency, fiat money imposed on us by government laws, may never be replaced by what for millennia has been the people’s money, gold....

US mid-term elections are behind us. Surprisingly, both parties won! How is it possible? Let’s read our article and find out! We will also explain what the election results imply for the world and the gold market.

Tuesday’s announcement by the Department of Justice of a guilty plea by a former trader of JPMorgan for systemic “spoofing” and price manipulation of gold, silver, platinum and palladium traded on the COMEX and NYMEX futures exchanges (owned by the CME Group) sure...

In today’s update we look at yet another ‘Punch and Judy’ American election farce which once again ignored the ‘Elephant in the room’ – the inevitable U.S. $121.7 trillion debt crisis and the coming global $250 trillion debt crisis.

Today I would like to update some of the charts we’ve been following for some of the SPX that had a wild October to say the least. For whatever reasons October has a lot of volatility which can lead to some important lows and in a few cases a crash which is rare....

It is said that gold miners are in a “sunset industry,” as they fight for their very survival. Is there any hope left? I would reason that it is possibly the “darkest before the dawn,” there is light and these are the reasons why.

Starting today, the five-day festival known as Diwali—literally, “a row of lights”—will be observed by millions of Hindus, Sikhs and Jains worldwide. A celebration of good triumphing over evil, the festival typically coincides with the Hindu new year. Regular...

It has been an odd and frustrating year for COMEX Digital Gold and Silver. However, conditions exist that could drive prices back to unchanged or even slightly positive by year end.

The latest research from the World Gold Council on gold demand trends in Q3 and demand for gold ETFs in October are must reads and point to strong ongoing demand which bodes well for the gold market in the coming  months.

As the Federal Reserve continues to hike interest rates, the bear case for gold seems to be gaining strength. However, this assessment could be premature, causing investors to potentially lose out on a lucrative position in gold.

This is the big picture chart for gold. From both a technical and fundamental perspective, gold looks solid. This chart suggests that whatever happens in the US election, it’s going to be positive for gold.

Gold is the metal of kings, the ultimate money, an eternal store of value, an untarnishable embodiment of beauty. Gold is all those things. But it is not the most valuable metal you can own on a cost-per-ounce basis.

CARACAS – Venezuela is seeking to repatriate about $550 million in gold bars from the Bank of England because of fears it could be caught up in international sanctions on the country, two sources with direct knowledge of the effort told Reuters.

USDX’s Friday’s close was its highest weekly closing prices of 2018. This is an extremely significant confirmation of the bullish outlook for the US currency that followed the verification of the breakout above the inverse head-and-shoulders pattern. The...

The world is more fragile today than it was in 2007. That’s the opinion of former derivatives trader Nassim Taleb, whose bestseller, The Black Swan, is about how people make sense of unexpected events, especially in financial markets. True to form, he made a whole...

There has been a lot of media coverage recently about the re-emergence of central bank gold buying and the overall larger quantity of gold than central banks as a group have been buying recently compared to previous years. For example, according to the World Gold...

The best news I could ever impart upon the world of gold and silver owners would be that the Great Intervention Bull Market of 2009–2018 in common stocks has ended and that the world is going to gravitate back to the traditional safe havens used by savers for over 5...