Gold Editorials & Commentary

A year ago almost to the day we began tracking a ‘Macrocosmic’ theme that would eventually see gold bottom and rise vs. stocks and bonds in 2016, joining its bullish status vs. commodities, which had been in place since 2014.

I’m going to show you how to trade against the crowd using the most recent 18 months of daily charts of $HUI (Gold Miners), $SPX (S&P500), $WTIC (Crude Oil), XLE (Energy) and $USD (US Dollar).

In the old-school lexicon of Wall Street, the term “painting the tape” referred to the large scale purchase of market-moving stocks by insiders for the purpose of giving the market an appearance of strength. Painting the tape was practiced by “pools” and large...

It is a month after Britain’s surprise vote to leave the EU. A new Conservative Prime Minister and Chancellor are in place, both David Cameron and George Osborne having fallen on their swords. The third man in the losing triumvirate, Mark Carney, is still in office...

Theodore Roosevelt's famous mantra "speak softly and carry a big stick" suggested that the United States should seek to avoid creating controversies and expectations through loose or rash pronouncements, but be prepared to act decisively with the most powerful...

We’ve all encountered them, the intelligent, charming and persuasive gentlemen who are deeply interested in our welfare and want to let us in on a plan they have to become wealthy. One of the most skillful cons in history actually took place in the early 1820’s at...

Gold bullion was up 1.6% and silver surged 3.7% yesterday, their second consecutive day of gains, after U.S. durable-goods orders dropped sharply, adding to speculation that Federal Reserve policy makers will maintain ultra-loose monetary policies. Gold and silver...

The markets have a way to push you just beyond your limits to get you to do the wrong thing at the wrong time…and then reverse on a dime. The bearish sentiment from just a casual observation over the last few weeks has felt like there was no way the bulls could...

In 1974 the American economist Arthur Laffer, then a professor at the University of Chicago, was having dinner with his friend Jude Wanniski, an associate editor of the Wall Street Journal. They were joined by Donald Rumsfeld and Dick Cheney, both of whom worked at...

Marc Faber has told advisers to invest 25% of investment portfolios in gold bullion. The author of the Gloom, Boom & Doom Report, urged investment professionals at the CFA Institute Conference in Chicago that 25 percent of a portfolio should be allocated to gold...

All bubbles burst; the question is when? Quantitate Easing (QE) is much like an addiction. One needs more and more to get the initial effect. However, this becomes an "asymptotic" result…whereas eventually one needs an infinite amount that will no longer give a...

The insidious nature of credit expansion under the implicit guise of forced legal tender has worked its way (essentially) undiagnosed through many generations. Viruses work from the inside out. They take over the control center of a cell. They use the existing...

It is not often that I make explicit statements of what markets will do over the near to even medium-term. My work tend to be based on patterns that span long-term history and the forecast tends to cover a quite a long time span. Quite rarely, an analysis gets done...

Many investors and their financial advisors consider gold to be a commodity, which makes gold no different than copper, timber, pork bellies or orange juice. They do not understand, or simply are unaware, that gold has been successfully used as money for over 3,000...

Much has been written over the last several months about the metals market. In fact, I have seen an explosion in the number of people who are providing their “opinion” about this market, most of whom I have never heard from in the prior four years. But, you know...

There was a huge trend change in US gold investment in May. Something quite extraordinary took place, which hasn’t happened for several decades. While Switzerland has been a major source of US gold exports for many years, the tables turned in May as the Swiss...

According to international pundit Kim Iskyan, “Gold is falling because of the Fed — but not for the reason you think.” Ms Iskyan goes on to clarify: “Gold investors can stop worrying. Despite recent chatter, interest rate tinkering at the Federal Reserve is not...

The gold market is quiet…displaying seasonal softness. However, that may be about to change as both the US and Japanese central banks are having policy meetings this week. The Fed meets on Wednesday, followed by the BOJ on Thursday. There is also some confusion in...

It’s Monday morning, and the Yen/dollar exchange rate is unchanged from Friday’s close. Thus, gold and silver should be unchanged, too – right? Which I say facetiously, as the premise I wrote about Thursday, based on 15 years of tick-for-tick Precious Metal...

Technical analyst Jack Chan charts a breakout of the US dollar and comments on its implications for gold and silver.

Looking more Las Vegas casino than Oval Office, the stage Donald Trump delivered his nomination acceptance speech from last Thursday was all gold, from the stairs to the podium, completely befitting of his showman-like style. Whether you support or oppose Trump, it’...

One in six investors chose gold as the best place to park money they wouldn't need for more than ten years – the same number that chose stocks, according to a recent Bankrate survey. Another 6% chose bonds, while 25% chose real estate, and 23% said they would simply...

The financial world is buzzing about former Fed chairman Ben Bernanke’s recent trip to Japan, where he advised Japan’s central bank chief Haruhiko Kuroda on how to manage his nation out of multi-decades of stagnant growth. Channeling economist Milton Friedman,...

Gold is in a bull market for a number of reasons including political risk. Moreover, there is “every reason for it to continue” according to Dominic Frisby writing in the UK’s best-selling financial publication Money Week.

A weekly decline of $4 in the price of gold is a drop in the ocean -- and nothing at this point to have any concerns about. My previous commentary projecting gold to the $2150 level still stands. Moreover, the critical worry point as far as the point and figure...

SPX has reached its stated short-term projection. This should bring about a reversal and the second correction since the 1992 low. There is a very slight possibility that the pattern it is currently making will turn out to be a consolidation in an uptrend,...

Stocks rested mostly this past week along with markets, which continue to setup for another round of higher prices as summer rolls along at a typical fast pace. Metals didn’t do too much either this past week…but they did show a few flashes of weakness which were...

I’ve been away for a few weeks, during which the Dow Jones Index managed to make six consecutive new all-time highs (July 12-20) in the BEV Chart below. It ended the week only 0.13% from making the seventh. I didn’t believe the venerable Dow could do it without a...

My favorite indicator for real time gold demand is the amount of gold in the SPDR gold Shares ETF (NYSE:GLD) and its fluctuations over time. As we wrote in our book, the driving force for gold is investment demand, which is driven by changes in real interest rates....

Last week, the heading, ‘Miracle or hoax?’ was a reference to the strange strength of the DJIA following the dire warnings for markets should Brexit happen – as it did. It became even more of a mystery with sustained strength last week to set another all-time high...