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Gold Editorials & Commentary

April 23, 2018

Current Position of the Market: SPX: Long-term trend – The bull market is continuing with a top expected in the low 3000s. Intermediate trend – The intermediate correction from 2873 should now continue until May. Analysis of the short-term trend is done on a daily...

In February of this year the year-over-year rate of growth in the US True Money Supply, a.k.a. the US monetary inflation rate, was only 2.4%. This was its lowest level since March of 2007 and not far from a multi-decade low. In March of this year, however, the...

Gold exchange traded funds (ETFs) have seen assets increase to £100 billion as investors, including family offices and high net worth (HNWs) investors look to the precious metal to preserve wealth in the face of volatile markets and heightened economic geopolitical...

April 22, 2018

During the run-up to the 2016 US presidential elections, there was speculation that if Trump were to be elected it would prove beneficial to gold and silver. Their reasons were not very specific and might have been merely hope that any regime change in the US must...

This market is beginning to remind me of boot camp; a “hurry up and wait” market. Waiting for what they’d never tell you, but I will. The bulls are waiting for the Dow Jones to break above last February 26th‘s -3.41% in the BEV chart below, while the bears are...

April 21, 2018

Long-term – on major buy signal. Short-term – on buy signals.Gold sector cycle is up. COT data is supportive for overall higher metal prices. We are holding gold related ETFs for long-term gain.

April 20, 2018

Gold remains largely forgotten, off the radars of most investors. But that’s likely to change soon as this leading alternative investment is nearing a major bull breakout. Once gold climbs to decisive new bull-market highs, sentiment will turn and investors’...

This is about as underreported as it gets. A tiny, almost nonsexist report appeared in Trend.az news service on Thursday April 19 announcing that Turkey’s Central Bank had moved 220 tons of gold out of the Federal Reserve System to take possession in Turkey. Trend ...

Gold is gaining momentum after a 5-year consolidation and is set to challenge the 2011 highs sometime next year. Once gold clears $2,000, a powerful bull market should drive the gold price meaningfully higher.

April 19, 2018

Silver, silver, and silver – that’s all there seems to matter to the more short-term oriented investors. But, there’s so much more that’s going on than just the rally in the white metal! The dynamics in the precious metals market extend well beyond the above and the...

Since the advent of nineteenth century socialism, politicians and economists in the centre ground have argued for a balanced approach, where vital services are provided by the state, and capitalism is left to provide the rest. Vital services in a modern economy are...

There is a famous quote about short-selling that comes from Olde English business folklore that goes something like this: "He who sells what isn't his'n, Must deliver or goes to prison!"

Since Spring is in the air here are some colorful charts and show you where we feel the price of gold and stocks are within the current market cycles. Below are monthly charts of the SP500 index and the price of gold. The first chart shows a pattern that gold formed...

April 18, 2018

Headache? Muscle ache? Back ache? Take a pill! An over-the-counter pill will diminish the symptoms and pain. The consequences will come later.

Very few people understand—or even know of—the opaque COMEX-->LBMA process known as "Exchange Futures For Physical". Even the term is misleading, as there's clearly nothing "physical" about it.

The US majors are all nearly 1% higher for the day with the NASDAQ up over 2.25%.  Our analysis of the markets was DEAD ON.  We called the 2678 level on the ES as a key resistance level to watch before any breakout to the upside would potentially happen.

April 17, 2018

Boom! The US and its allies struck Syria in response to a suspected deadly chemical attack several days ago. Gold should be the safe haven in such situations, right? But the price of gold was practically unchanged on Monday. What happened?

Sales and profits growth for key Asian gold jewellers continues to set the stage for an imminent and massive mining stocks rally.

The US fired 105 Tomahawk missiles into Syria on Friday night. In other times, the salvo would have put Americans on edge over the prospect of war with nuclear-armed Russia. Our former Cold War adversary is actively defending the Syrian regime and warning the U.S....

Gold and silver mining stocks face increased risks and uncertainty in 2018, not seen by investors and mining management teams for quite some time. Many of the top risks to gold stocks are related to geopolitical and financial, which will only compound the already...

April 16, 2018

On 29 January 2018, the Commodity Futures Trading Commission (CFTC) Division of Enforcement together with the Criminal Division of the US Department of Justice and the FBI announced criminal and civil enforcement actions against 3 global investment banks and 5...

Many months ago we made an interesting call in Palladium and alerted to this setup on January 24th, 2018.  This nearly perfect call included our future price expectations using our advanced ADL price modeling system.  Today, we are refreshing that call with a new...

The best performing metal this week was palladium, up 9.16 percent on concerns new Russian sanctions announced at the start of week could disrupt supplies. Gold traders and analysts are at their most bullish on the gold price in a year, according to the weekly...

Back in the drug-soaked, if not halcyon, days known at the sexual and drug revolution—the 1960’s—many people were on a quest for the “perfect trip”, and the “perfect hit of acid” (the drug lysergic acid diethylamide, LSD). We will no doubt generate some hate mail...

Friday night opened up a whole new perspective on the global markets with the coordinated targeted attack on Syria.  It’s not that we didn’t know this was a possibility, yet the event itself changes how the markets may react on Monday and throughout this next week...

Current Position of the Market: SPX: Long-term trend – The bull market is continuing with a top expected in the low 3000s. Intermediate trend – The intermediate correction from 2873 should now continue until May.

April 15, 2018

Gold's safe haven status was tested this week as Donald Trump's economic war threatens to turn into a shooting war, with a number of global flash points getting hotter. At the time of this writing the precious metal moved from a close of $1325.69 an ounce on April 5...

For the last three months gold had been chopping out a rectangle trading range which has completed four reversal points so far. Wednesday of this week it looked like gold may breakout above the top rail but the bears stopped the advance just when it looked like the...

As we put fingers to keys here in pre-dawn San Francisco, 'tis but some 10 hours since the US/UK/France surgically precise strike on chemical facilities in Syria. To what extent there is a Russia et alia response remains in the balance. The effect on gold, be it...

I didn’t miss anything by skipping last week’s posting. The Dow Jones saw its latest correction bottom on March 23rd declining to -11.58% in the BEV chart below. Since then the Dow Jones has oscillated from just below -10% and up to the -8% BEV levels as bulls and...

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