Gold Editorials & Commentary

Again, we hark back to the great Welsh football commentator Toby Charles, who in describing match-turning chaos and then running out of superlatives, would exclaim: "Ohhh, 'tis all happening there!"

Just when you think you understand the rules of the game, someone changes them. I’m talking about the relationship between the Dow Jones Index and its trading volume. Last week I noted how since January 2000, the Dow Jones and its volume had turned the law of...

It’s always nice to have this long weekend before we make the mad dash to Christmas. With stocks generally strong into Christmas and all the cheer of the season, it’s always a busy and fun time of year. Stocks are setting up very well with lots of buy levels right...

Gold sector is on a major buy signal and short-term is also on buy signal. Cycle is up. Trend is down. Silver is on a long-term buy signal. Short-term is on buy signal. A counter trend bounce is in progress. Silver is more volatile than gold, manage your risk.

This first precious metals combo chart is one I try to show you at least twice a week, so you can follow the price action as it’s unfolding in real time. Except for SLV the other indexes have now traded below their respective neckline for five weeks now.

It is uncertain if Krugman knew about the discussion of a gold standard. Possibly not, as he would have become apoplectic and unable to comment. The "ex-bank CEO" is John Allison who recently retired as president of the Cato Institute. Our comment on a convertible...

Many experts penned numerous articles this year proclaiming that the Gold market was ready to take off and that 2016 would be the year that the Gold bull resumed its upward trend. They spoke of our high debt, a weak economy and listed a plethora of reasons as to why...

Gold has suffered brutal, withering selling pressure in the month following the US presidential election. The stock markets’ surprise surge after Trump’s surprise win has led speculators and investors alike to rush for the gold exits. As usual the former group’s...

Here are today's videos and charts.

Back in 2008, during our financial crisis in the United States, the powers that be decided to begin a process called Quantitative Easing to provide liquidity to our financial system. For those that do not understand the Quantitative Easing process, and how it works...

The ECB’s ‘Bazooka’ is back and ‘Super Mario’, the European Central Bank’s monetary magician did not disappoint QE addicted markets yesterday by extending ultra-loose monetary policies and quantitative easing until at least December 2017.

The latest consequence of economic mismanagement in Europe was the failed attempt at constitutional reform in Italy this week. The Italian people have had enough of their government’s economic failure, and is refusing to give it more power.

The outlook for the crude oil appears to be bearish and its links with gold and silver appear to confirm it. It appears that the profits from our short position in crude oil will increase further before this trade is over.

Oops! Experts’ £6 Bln blunder sends UK trade deficit soaring. UK failed to measure huge imports of gold coins and bars after Brexit vote. Britain’s trade deficit with the rest of the world is £6 billion larger than previously thought — and at a record high — because...

President Nixon “temporarily” severed the weak link between gold and the US dollar in 1971. The link is still severed. The economic well-being for most people and the sound dollar have suffered. The dollar is no longer described as “good as gold” as it was 60 years...

I would like to update the INDU (DOW Index) we’ve been following, which continues the upside move since the night of the US elections. Keep in mind some of these consolidation patterns began to form back in 2015 which had nothing to do with the US elections.

The Die is Cast” for Europe and the EU. This is what Caesar said when he crossed the Rubicon in 49 BC marching towards Rome, leading to a major change in Europe’s history. The Italian referendum which took place on December 4 had a similar significance.

The Indian government has been trying to reduce its citizens’ demand for imported gold through a number of means over the last few years. This is part of a wider crackdown on currency used in the black market, which included the withdrawal and replacement of its two...

Foreign USTreasury Bond dumping continues, and even accelerates. China and the Saudis are selling USTreasurys in a near panic. Foreign central banks liquidated a record $375 billion in USGovt debt in the last 12 months. An American disaster lies in the making from...

With the bull market in US stocks approaching its seventh anniversary in March 2017 and the indexes just hitting all-time highs, many investors are wondering how long the party can continue. The chart below shows how the Dow Jones, Russell 2000, NASDAQ and S&P...

I have been watching the parade march by…and after months of contemplation I have the following comments concerning the next two to three years.

The stock market looks like it is making a distribution top into the FED meeting. We may see a small pull back into late week and then higher prices into the 14th. We could see a sharp drop into the 5 week cycle low due around the 19th of December. Overall, the...

I am sure some of you likely recognized that I may have misused “metal” in the title to this update. You are probably thinking that the appropriate word that should be used is “mettle.”

90% (my low-balled estimate) of you, the investing public, are herding when it comes to the bond market. You may not know it because the overwhelming psychological atmosphere is to reaffirm, not question peoples’ behavior. That is what herding is; a comforting...

It finally happened. For the first time since 2008, the Organization of Petroleum Exporting Countries (OPEC) agreed to a crude oil production cut last week, renewing hope among producers and investors that prices can begin to recover in earnest after a protracted...

Institutional money managers move gargantuan amounts of gold market liquidity. Their fundamentally based actions create the chart patterns that technical analysts use to try to project the next rally or decline in the gold price.

The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and the World Gold Council have made an important decision which was announced yesterday at the World Islamic Banking Conference in Bahrain.

Growing up in the 1960's, I can still remember hearing and reading about Russian propaganda. While I am certain some of what the Western press reported was "spun", even a 10 year old could see through much of what Russia was trying to portray to its people.

This is not conspiracy theory. In the last month the BoJ has devalued the Yen 14% against the $USD. By any other measure this is a crash as far as currencies go. And it could lead to MAJOR issues for the financial system. The last time the BoJ collapsed the Yen...

In years to come," says Deutsche Bank's Jim Reid, "markets may well look back at the month just passed as one of the most pivotal in recent memory." The natural follow-up question might be "What exactly are we pivoting to?" Opinions abound on that score and below we...