Gold Editorials & Commentary

Speculative gold longs declined by over 30,000 contracts on the week as they cut back positions. Despite the second straight week of declines, speculators still remain extremely long on gold.

'Tis a bit early to begin crooning the mid-20th century yuletide pop tune "It's beginning to look a lot like Christmas" --(Meredith Willson, '51); but a glance at the above track of gold year-to-date gives the impression that 2017 is pretty much a "pick up the...

For the week the Dow Jones closed just 0.03% from its last all-time high (BEV Zero) of just eight trading days ago (September 20th). Well, when a market refuses to go down, there is only one way for it to go – up. Which I believe this market will continue to do...

Long-term – on major buy signal. Short-term – on sell signals. Gold sector cycle is up. COT data favors overall higher gold prices. We are holding gold related ETFs for long-term gain. The current pullback is a buying opportunity for long-term investors.

Jim Rickards is on record forecasting $10,000 gold. But is China about to provide the catalyst to send gold even higher? And by how much? Today, we fare forth in the spirit of speculation… follow facts down strange roads… and arrive at a destination stranger still...

There are clear supply pressures coming to the gold market, so the last thing it needed was a new source of demand. But that’s exactly what it’s about to get, and as you’ll see, it could potentially push supply into a strained predicament. If this new development...

Here are today's videos and charts:

Gold bull markets offer outstanding opportunities for traders to grow their wealth. These bulls consist of series of alternating uplegs and corrections. Naturally the best times to buy low within ongoing bulls are right after corrections when major new uplegs are...

– Gold climbs over 12% in YTD, matching S&P500 performance

– Palladium best performing market, surges 36% 2017 YTD

– Gold outperforms Nikkei 225, Euro Stoxx 50, FTSE and ISEQ

September’s Federal Reserve meeting left interest rates unchanged but sounded a hawkish tone. The Fed seems intent on hiking interest rates again come December. Following Fed chair Janet Yellen’s remarks this Tuesday, interest rate futures markets bumped up the odds...

As Americans place a record amount of bets into a stock market that continues to rise towards the heavens, few realize how much the Dow Jones Index is overvalued.  While some metrics suggest that the Dow Jones Index is very expensive, there is another indicator that...

In late August, we decided to anchor our boat out in a place called Indian Harbour, a wonderful "safe haven" for boaters that love northern Georgian Bay, in an effort to make the most of what has been an absolutely dreadful summer for most people in the east-central...

Secretary of the Treasury Steven Mnuchin visited Fort Knox on August 21. He tweeted “Glad gold is safe!” He told an audience in Louisville, “I assume the gold is still there.” The Fort Knox Gold was last audited in the 1950s. Secretary Mnuchin’s statements were not...

The dangerous provocations between North Korea and the United States haven’t yet escalated enough to rattle financial markets. The U.S. stock market notched another new record high last week, helping to blunt safe-haven demand for gold and silver.

Today I would like to update some of the different commodities and emerging markets we took some positions in back in late July of this year. First, let me say that as investors we like everything to line up in perfect harmony so we can make some sense out of what...

Spending $26.95 to pick Ray Dalio’s brain for over 16 hours listening to the audiobook appears fantastic value to me. The thought crossed my mind to offer Mr. Dalio a charity donation in his name if he gave me the opportunity to make it a two-way conversation over...

When it comes to your investment portfolio it is harder than ever to sift through market and central bank noise and focus on the fundamental drivers and long-term strategy.

The last Gold Market update, posted at its recent peak on the 11th, called for a significant reaction back by gold, and that is exactly what has since happened. It also called for a rally in the dollar, which hasn't happened—yet, but as we will see in this update,...

Today is options expiry day for gold. That’s almost certainly the reason for gold’s pullback today, after it staged a powerful rally yesterday. A pause in the price action is normal around these expiry events. The October options contract is expiring, which is...

We had a stink bid in at the opening, but gold’s ebullient leap from well above it left us choking on dust as we played spectator for the remainder of the day. The chart shows a subtle but very compelling rally target at 1320.50, and I have little doubt the futures ...

Gold finished sharply higher on Monday, recouping roughly half of last week’s loss, as declines in the U.S. stock market and growing tensions between the U.S. and North Korea lifted prices for the yellow metal to the highest settlement in more than a week.

Everything in the PM sector hangs of this one $GOLD chart below, as its foundation. This is a monthly chart, using the 8 and 21 simple moving averages to generate the BUY and SELL signals. 8 and 21 are Fibonacci numbers.

Carl Menger, father of the Austrian School of Economics, showed the world that money is not the product of the state. He did not mean that government is intrinsically incapable of decreeing something to be money while other groups, organized for different purposes,...

A quick look at any of the US majors will show most investors that the markets have recently been pushing upward towards new all-time highs.  These traditional market instruments can be misleading at times when relating the actual underlying technical and...

Typical of FOMC meeting weeks, we tend to see the precious metals take a hit. The best performing precious metal for the week was palladium, off 0.43 percent on little market moving news.  Ford announced that it will add more downtime to five North American...

The Fed wants us to believe that it remains hawkish, that it will begin the process of unwinding its $4.5 trillion balance sheet next month and that it will hike rates again this year.

Dennis Gartman has called 2017’s gold rally and he is now forecasting gold will be “demonstrably higher” rising to $1,400/oz in the coming months and rise by even more in euro terms.

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis.

Gold and silver both have reached down precisely to their respective areas of "price bunching" support: for the yellow metal that's 1300, price settling out the week yesterday (Friday) at 1300.5; for the white metal that's 17.00, the week's settle there being 17.03...

The Dow Jones Index made seven new BEV Zeros (new all-time highs) in the past two weeks; it can’t make a decent correction if it continues doing that. And that’s one thing this market needs to do – make a decent correction. The Dow Jones hasn’t declined more than 5...