Gold Editorials & Commentary

One could argue that we will not have absolute confirmation that an intermediate downtrend has started until we drop below 2405, and that would be reasonable. That level could, in fact, hold the decline in check for a few weeks, as volatility continues to be the...

Unfortunately for precious metals investors, there continues to be a great deal of misinformation about how much gold there is in the world.  The biggest culprit that confuses precious metals investors is what I call, LOUSY CONSPIRACIES.  Those who promote these...

Here’s the Bear’s Eye View (BEV) for the Dow Jones going back to January 1982, a period of market history that covers the entire August 1982 to August 2017 market advance.

Gold sector is on major buy signal since early 2016.. Gold is now at resistance. while USD is at support. GLD is on short-term buy signal. GDX is on short-term buy signal.

More volatility is the name of summer trading. Large moves are coming out of nowhere as the US government in turmoil. Enjoy the show as much as it’s possible since we will likely never see anything like it again, at least that is my hope.

It is my privilege now to welcome in Greg Weldon, CEO and President of Weldon Financial. Greg has over three decades of market research and trading experience, specializing in the metals and commodity markets, and even authored a book in 2006 titled Gold Trading...

Each year since 1987, I have always used the final two weeks of the month of August as a shopping period in a manner not unlike the “Back-to-School” kind only the wares I seek are junior precious metals stocks as opposed to school uniforms, pens, and books.

Here are today's videos and charts.

The gold miners’ stocks have spent months adrift, cast off in the long shadow of the Trumphoria stock-market rally. This vexing consolidation has left a wasteland of popular bearishness. But once a quarter earnings season arrives, bright fundamental sunlight...

Late-July through early-September represents an extremely precarious time in the stock market, when a myriad of cycles – ranging from 40-Year & 80-Year Cycles down to multi-week cycles – pinpoint the most likely time for a sharp correction in equities. Specific...

This morning readers woke to the news that a second attack in 24 hours had taken place in Barcelona. So-called Islamic State claimed responsibility for the attacks in Spain. Global stocks have fallen and precious metals have eked out gains this morning as investors...

The last time our ‘Gold Direction Indicator’ was as positive as today, gold rose from $1220 to $1280. The date was July 12th and we wrote an article titled: “The Gold Direction Indicator Just Turned Positive”. Less than three weeks later price had advanced by $60....

The Wall Street Journal's editorial writer, Daniel Henninger, registers some very important observations in the wake of the troubling events in Charlottesville.  Charlottesville, he attempts to point out, is symptomatic of something much deeper ingrained in the...

Take it from “Dr. Doom”: own some physical gold and keep it out of the banking system. Dr. Marc Faber, a legendary investor and the editor/publisher of the Gloom, Boom & Doom Report, is well known for his contrarian investing style.

Why does the presstitute media have an interest in the gold stored at the Federal Reserve Bank New York… or does it? An article, authored by Katy Burn, for the WSJ, “6,200 Tons of Missing Gold?”, and transmitted through Fox News, reached out to some of the most...

You don’t need ‘Tricky Trump’ to devalue the dollar, it’s been doing that since 1913 and ‘Tricky Dicky’ in 1971. In 2015 President Donald Trump made headlines when he told a town hall event in Atkinson, New Hampshire about how his father had once given him a ‘small...

Gold’s tedious shenanigans should not cause us to take our eyes off the little sonofabitch for too long, since we might miss something interesting. Like now, for instance. The December contract has mildly caught fire and is making another run at 1301.20, a very...

I think most of you reading this right now are aware that gold is unlike any other metal, certainly any other element. It doesn’t play by the same rules as iron or tin or aluminum, and its value has nothing to do with its utility—or lack thereof. People valued the...

While everyone is focusing on political issues, the NY Fed published a stunning report on the state of the US consumer. According to the NY Fed, the average US household has hit a new record for debt, surpassing the old record set at the peak of the 2007 bubble.

– World’s largest hedge fund Bridgewater buys $68 million of gold ETF in Q2. – Investors poured $870 million into SPDR Gold in Q2. – Billionaire Paulson keeps 4.36 million shares in SPDR Gold.

Having just returned from boating in northern Georgian Bay and an area called The North Channel, I have been by and large out of contact with gold and silver prices since July 22 and am delighted to see that prices have stabilized after dipping in late Spring to...

For gold to perform well against the US dollar, it needs to perform well against the Japanese yen. Since 2011 gold has traded sideways against the yen.  Since 2013 it has been coiling in a very positive symmetrical triangle pattern.

There are returns, and there are risks. We think of them individually, and then we combine them into a portfolio. We think of returns and opportunities as coming from those things we’d bet on, and we think of risks as the adverse market consequences of us being...

Today I am going to lay out the case of a major market top and how it fits into the geopolitical backdrop of today. We then profile the trade set-up to look for and finally I will forcefully remove your Rose Colored Glasses you have been wearing since January 2017...

Major U.S. indices slid for a second straight week as President Donald Trump and North Korea both escalated their saber-rattling, with Kim Jong-un explicitly targeting Guam, home to a number of American military bases, and Trump tweeting Friday that “Military...

It is my privilege now to welcome in Gerald Celente, publisher of the renowned Trends Journal. Mr. Celente is a well-known trends forecaster and highly sought-after guest on news programs throughout the world and has been forecasting some of the biggest and most...

Real, scientific evidence has been popping up for a while now which suggests the precious metal can make some major contributions to the world of science and medicine.

Our recent analysis suggests we may be setting up to repeat history in an odd and dangerous manner.  As market technicians, part of our job is to work with numbers, find patterns and attempt to predict future price moves in US and Global markets.

SPX gave us plenty of warning that it was about to embark on an intermediate-term correction.  As it usually does, it came suddenly and, as of Friday, the initial down-thrust is probably still incomplete and should continue into early next week when the low of the...

The big move for speculative traders last week came from shorts covering not longs adding to positions. The reason why was the escalating tensions between the US and North Korea as evidenced by the charts.