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Gold Editorials & Commentary

April 2, 2017

Gold and silver prices were neutral last month. During the first two weeks of March, gold and silver retraced only to recover in the last two weeks of the month. Right now, both gold and silver are trading at the same levels as a month ago.

The Copper, Cotton and Crude Oil markets have recently registered COT numbers at multi-year extremes. The prices subsequently broke out to new highs, but failed to gain any traction. This is similar to what was seen in gold price last summer. A violation of the...

April 1, 2017

Propaganda, also known as “fake news,” has become the norm in mainstream media reporting. Somehow the idea of Russia hacking the DNC computers morphed into the generic, “Russia hacked the election.” Per Hitler’s formula, Hillary Clinton introduced the idea during...

“When the Chinese are done doing whatever it is they are doing, and I’m sure they are eviscerating the United States and the Western financial world in the process, they’ll let the market run [gold and silver]. How high, I don’t know.” – Michael Noonan, The Daily...

In an unprecedented move the Irish government is issuing and dispatching a free gold coin to all Irish citizens and foreign persons of Irish heritage. In a controversial move, the Ministry of Finance plans for Irish people to own at least 1 ounce of gold bullion....

Yes. 0.0006th of an ounce of gold = 80 cents, at $1250 the oz.  How can 80 cents be significant relative to gold at that price?  It is a tiny gap in price that was never filled.  The probability of December 2015 being the end of the downside correction since the...

To public readers of our updates, our cycle indicator is one of the most effective timing tools for traders and investors. It is not perfect, because periodically the market can be more volatile and can result in short term whipsaws. But overall, the cycle indicator...

Stocks just don’t want to rest for long and are ready for more strength in the immediate short-term. The precious metals took the week off and have formed very nice patterns, which point to breakouts in the week to come. Consequently. I’m into one mining stock and...

March 31, 2017

Gold suffered heavy selling in early March leading into the Fed’s latest rate hike. Speculators frantically dumped gold futures ahead of the Fed’s meeting as implied rate-hike odds soared. This is nothing new. This key group of traders has long feared Fed-rate-hike...

‘Three wise men’ are warning that the next financial crash is coming and that one of the ways to protect and grow wealth in the coming crash will be to own gold.

March 30, 2017

Market narratives are myths. Look at this chart. Which asset class would have been better to own in 2017 thus far…the blue line or the black line?

There is little doubt that gold is now in a bull market. However, the price of gold is stuck within a complex sideways triangular consolidation pattern which may continue for the rest of 2017.

Gold’s performance this week has been underwhelming, to put it mildly, so today’s chart, although bullish, sets a low bar. The April contract tripped a mechanical ‘buy’ signal today, but the initial risk of nearly $500 per contract makes it an unappealing bet,...

As the UK triggered its formal departure from the European Union yesterday, gold demand from UK investors remained ongoing and robust with increased numbers of British investors diversifying into physical gold in order to hedge the considerable uncertainty and...

Our research is showing critical Fibonacci extensions are in place for US Major Markets that may be foretelling of a massive market correction. Part of our research is to search for and study events and resources that are a bit abstract.

March 29, 2017

The answer to the above question is no, but it’s a trick question. Value is subjective and therefore can’t be stored, meaning that there is no such thing as a store of value. An ounce of gold, for instance, will be valued differently by different people. It will...

The U.S. Retirement Market is in BIG TROUBLE as annual benefits paid out are now larger than total contributions.  Actually, the amount of net withdrawals were the highest in history.  When payouts become larger than contributions… then we have the making of the...

Snowballs have a short life expectancy in Death Valley. Fiat currencies, backed by credit and debt, survive longer than snowballs in Death Valley, but history shows all fiat currencies are inflated into worthlessness and eventually die.

For the month of March, the preliminary purchasing manager’s index (PMI) for the eurozone reached 56.7, its highest reading since April 2011. Significant gains were made in new work and backlogs of work, employment and service sector job creation.

The UK launched what is being touted as the “most secure coin in the world” yesterday – the day before Brexit day. People have reacted with mixed emotions regarding the introduction of the newly designed pound coin which entered circulation yesterday. The new coins...

March 28, 2017

When debating whether or not gold has value or not, the naysayers will often argue that it is a “pet rock” and just a shiny, heavy, cumbersome piece of yellow metal that has no “intrinsic” value.

March 27, 2017

Stocks had their worst day in months last Tuesday. The S&P500 Index retreated more than 1 percent for the first time since October, and the small-cap Russell 2000 Index gave back more than 2 percent for the first time since September. As of Friday, the Dow Jones...

The best performing precious metal for the week was palladium, up 4.22 percent on improving expectations for the automotive industry where palladium is principally used to clean gasoline emissions.

As we have repeatedly warned since mid-December, the “Trump trade” was based on hype. This is not to say that President Trump will not succeed in generating economic growth…it IS to say that whatever growth is coming will do so in 2018 as opposed to the GDP growth...

The USDollar has never been in greater danger for losing its dominant position as global reserve currency and payment standard. Challenges to its supremacy are many and with each passing month, more threats are put in place. While the volumes of trade payment in...

Up until very recently, stocks had been humming along without so much as a minor speedbump and volatility was becoming a distant memory. However, it now seems prudent to once again remind investors that this extremely overvalued market is headed for an epic crash...

Back in the old days, homes had fuse boxes. Today, of course, any new house is built with a circuit breaker panel and many older homes have been upgraded at one time or another. However, the fuse is a much more interesting analogy for the monetary system.

Gold and silver jumped another 1% overnight in Asia, building on the respective 1.5% and 2.2% gains seen last week. The ‘Trump trade’ is fading, impacting stock markets and risk off has returned to global markets with the Nikkei, S&P 500 futures and European...

March 26, 2017

The 20-wk cycle had the effect on the market which was expected of it.  While there should be a temporary reprieve in the correcting process as this cycle reverses, the 67-wk cycle (whose low is due in a few weeks) should extend the correction and bring about a new...

Markets continue to show weakness as we continue to move a bit lower during this likely 6 to 8 week consolidation period. It’s all good and will keep this bull market strong and set for much more upside over the next couple of years or so.

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A medical study in France during the early twentieth century suggests that gold is an effective treatment for rheumatoid arthritis.

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