Gold Editorials & Commentary

Canada, bucking an international trend that has seen central banks become net buyers of gold since 2010, has sold off all its official gold holdings. Canada’s official international reserves last released by the Bank of Canada (BofC) on February 23, 2016 showed gold...

How egregious is the gold Cartel getting, in its final “death throe” stage? Well, here’s the chart I posted yesterday, of the essentially “sixth sigma” similarity between “trading” Sunday and Monday night, as well as Monday and Tuesday morning. Everyone could tell...

For those that have been following us for some time, you may remember that, even before we bottomed, I have been looking for a 5-wave rally off the lows in the metals complex to take us to the 21-23 region in the GDX, the 122-125 region in the GLD and the 19-21...

The gold bull market has returned and gold could surge over 1,000% to $8,000 per ounce in the coming years according to legendary gold investor, Chairman of Franco-Nevada Corporation and former Chairman of the World Gold Council, Pierre Lassonde.

Despite gold’s historical role as money, the contemporary gold market is rather young. Until March 15, 1968, when a two-tier market for gold was established, the price of gold was maintained at a predetermined level (or rather, national currencies were defined as...

The gold price action continues to look spectacular, as the rally gains both technical and fundamental momentum. This is the beautiful daily gold chart. Gold has staged a majestic upside breakout, as I predicted it would, from an important symmetrical triangle...

Put simply, the inflation genie is out of the bottle. Core inflation is already moving higher at a time when prices of most basic goods are at 19-year lows. Any move higher in Oil and other commodities will only PUSH core inflation higher.

In his seventh and final State of the Union address this January, President Obama, clearly looking to bolster his legacy as the president who vanquished the Great Recession, boldly asserted that "Anyone claiming that America's economy is in decline is peddling...

Gold Rallied to a high of 1279.00 in the overnight session, at the time that this Post was being written. In order to confirm that all of wave !v! is NOT complete at the 1280.60 high, we need to gold to move above that high in a sharp rally in the next day or so....

A week ago, the “Time Out” heading to the US Markets report wrote about the quiet week that was; it now seems that most markets took the breather to store up fresh reserves which they unleashed last week. Gold, silver, the DJIA and crude all came forth with...

Gold has been on a tear since the start of this year. It is the best performing asset with a 16% rise in two months, however, if you are planning to enter gold at these current levels, you are likely in for a big surprise. Gold is overbought and technical analysis...

Gold officially entered a bull market in last week’s trading with prices gaining more than 20% from their December lows. The silver price also put on some very nice gains, but the price needs to reach about $16.40 before watchers can make the same claim.

Chinese President Xi Jinping is about to tell millions of government workers: “You’re fired.” Reuters reported last week that China plans to lay off between five and six million state workers over the next two to three years, in an effort to curb overcapacity in...

The quickening has begun in earnest. The end game might have begun in November with events picking up speed, remedy engaged in progressive steps, and geopolitical balance of power shifting in serious manner. The following are major events and factors in the Global...

After taking a beating in January the S&P500 has rebounded by about 5% in February, and this uptrend has continued into March. But before you think it’s safe to jump back into long positions, it’s important to realize why the market went down in the first place...

Over the last three weeks, U.S. equity markets have recovered and are now more overbought than any time since 2009. While this is the case with equities, it is not the case with high yield debt. As I have said many times before, credit analysts actually look under...

Gold ETF, the iShares Gold Trust, had to stop issuing new shares in its $7.7 billion on Friday as a “surge” in investment demand for gold caught out the provider of the ETF and the world’s largest money manager, BlackRock Inc.

So the price of silver rocketed up 80 cents, while the price of gold jumped $37. Silver is now more expensive than it was two weeks ago; and the price decline of last week was more than overcompensated.

The SPX 8 TD top was due Thursday and we are in the mid band of the Sun translation to Neptune, Saturn and Jupiter on Friday (TD 9). This reversal band has a +/- 10 TD reversal time frame from March 4th, which points to March 18 (OPEX) as the latest we could see a...

Interesting charts to present today with the S&P 500 Index, which is probably a better market to follow to reflect global economy. As we are all aware, the US Dollar still remains the reserve currency of the US Dollar and with that privilege, it extends into the...

Many analysts and writers have described the pattern forming in the past couple of weeks in gold as a "bull Flag or Pennant" with some appearing to be "playing to the gallery" - i.e. telling their audience what they want to hear, which is that gold will continue to...

This week we saw markets run into resistance…as they are more overbought now than we’ve been since 2009. However, we just aren’t yet seeing any weakness that we can short into. I had to take losses on all my short positions first thing this past week. Fortunately,...

SPX has either reached its maximum P&F count potential from the base which formed across the 1842 level, or is very close to doing so. If it has, distribution should begin to appear although, in the case of wedge formations, a reversal often quickly extends to...

Suddenly, the gold price and silver are good again. In two short months, they’ve morphed from targets of derision to shiny new toys on the financial playground. Not surprisingly, questions have been pouring in from people who kind-of sort-of know the precious metals...

Canada’s Financial Ministry has continued to act out its insanity. The Ministry has actually stripped Canada of every last, single ounce of gold. This at a time when China and Russia are buying whatever they can. China holds over 1,700 tons of gold though it...

The Death of the paper gold market picked up speed today as Blackrock announced that issuance of new Gold IAU ETF shares was suspended. However, it’s much worse than the information in news release when we factor in the total supply and demand situation.

Mr Bear treated us to another day of extreme volatility on Tuesday. Although it was a positive day, that doesn’t really matter as the Dow Jones 200 count (the number of days the Dow Jones moves more than +/- 2% from a previous day’s close in a running 200 day...

Nine weeks ago as Gold closed out last year at 1061, both herein and on radio, we set a 2016 price target for Gold of "the upper 1200s", refining it to 1280 as that is the upper band of the regularly-cited "1240-1280 resistance zone". Then yesterday (Friday) at 06:...

In last week’s commentary, February Heralding End Of Down Trend For Gold And Silver? , we stated: The significance of February is its decided change in market behavior on the monthly and weekly charts.” We are seeing even more evidence to support that premise, and...

This article confirms that the current explosive rise of the gold and gold related stocks is in progress. The rise is an extension of the gold bull market that began in year 2000. The last four years are bull market corrections. This gold bull market will rise to...