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Gold Editorials & Commentary

November 10, 2015

That’s where it appears we are now, the final drive to the bottom. Rambus’ weekend charts still show how bearish the PM charts are and it will take a lot of work to turn them around and get them pointed back up, Having said that I see the initial components we...

One of America’s largest companies is preparing for problems in the banking and financial system and another financial crisis. Online retail giant Overstock.com (OSTK), publicly stated that the company has stockpiled gold and silver coins in preparation for another...

The price of gold dropped abruptly Friday morning (Arizona time). How much of a drop? $10.30, as measured by the bid on the December future. How abruptly? That move happened in under a second.

This Friday's employment report could be a key piece of data for the gold market. Why?

November 9, 2015

By most standards, October was an explosive month, with domestic equities recording their biggest monthly gains in four years. But the most exciting news was that the global purchasing managers’ index (PMI) reading for the month of October rocketed up to 51.4,...

Awareness of the presence of manipulation in almost all markets is improving; it is the exception among markets not to find frequent complaints about evidence that the market is behaving in a strange and counter-intuitive manner.

China’s central bank likely added another 14 tonnes of gold to its reserves in October as the People’s Bank of China (PBOC) continues to allocate to gold bullion as part of a plan to diversify its massive $3.53 trillion in foreign-exchange reserves and position the...

November 8, 2015

In our previous article covering the long-term gold forecast, we made the case that the breakout in gold from the 1980 - 2009 consolidation below $850/ounce represents an extremely rare and powerful pattern in the commodity markets, a move that is likely to lead to...

The predictions made in the recent past for the dollar to rally and gold and silver to drop have proven to be correct. Gold has now dropped for 8 days in a row as we can see on its 3-month chart below, which common sense dictates is increasing the chances of a...

A week ago, it looked as if SPX was ready for a minor correction. This took place this past week with the index dropping 33 points. It is not clear if the correction is over or if, with Friday’s bounce, the index is preparing for another phase of the decline to...

I know that after four years of bear market, at this point everyone has basically given up on gold and left it for dead. But I can say with 100% certainty that every bear market eventually ends, just like every bull market eventually ends.

The Bureau of Labor Statistics presented the latest deceitful employment report Friday, November 6th. They reported that the unemployment rate was 5 percent in October. Of course there are 98 million Americans capable of working, but not working, who were not...

'Twas what that we wrote one week ago? Quote: "[Gold's] weekly parabolic trend remains comfortably to the Long side, resting well above the ascending blue dots as we see here." Now one week later, might we defer to the great Inspecteur Clouseau? Quote: "Not any...

Last week I discussed the step-sum bull box forming in the gold market in which the price of gold either goes up or trends sideways as its step sum trends bearishly downward. A bull box is a bullish development in any market as its shows the price of something...

November 7, 2015

Gold sector is on major sell signal. Cycle is down. COT data suggests lower prices ahead. Traders should sell short the bounces.Silver is on a long-term sell signal and investors should be in cash or short. Short-term is on sell signal and traders should sell short...

The higher than expected figure for US non-farm job creation of 271,000 has brought the Fed much closer to pushing the plunger down and exploding the global economy with its first interest rate rise in nine years.

Long term – on major sell signal since Mar 2012 when $HUI was at 550. Short term – on sell signals. Gold sector cycle – down as of 10/30. Traders can sell short the bounces during the current down cycle.

There are two things we know for certain about gold and silver: 1. Fundamentals do not apply [currently], and 2. There are no signs to indicate an end to this half-decade old bear market.

Clive P. Maund’s interest in markets started when, as an aimless youth searching for direction in his mid-20’s, he inherited some money. Unfortunately it was not enough to live a utopian lifestyle as a playboy or retire very young.

Markets and leading stocks had a great week, not necessarily moving higher, but setting up to do so very soon. We can’t move up in a straight line. Consequently, backing and filling, or resting action is what we need for this bull market to remain healthy and...

November 6, 2015

The precious metals sector has declined sharply in recent weeks with no pause or intermittent breaks in the decline. Including today, Gold is down eight consecutive days and 16 of the past 18 days. The gold miners (GDX) have lost roughly 20% in the past seven days...

Many gold market analysts focus on irrelevant, but catchy factors, such as mining production or jewelry demand. Others think gold is a simple inflation or stock market hedge. It is a bit strange that the relationship between the bond and gold markets is not commonly...

Gold has enjoyed a strong new uptrend in recent months following last summer’s extreme gold-futures shorting attack. But speculators returned with a vengeance this past week, aggressively dumping gold futures again following a hawkish surprise by the Fed.

Technical Analysis via videos

The US government has once again agreed to increase its so-called debt “ceiling” – this time from $18.5 trillion to $20 trillion. The so-called debt ceiling is recognized industry-wide as a complete misnomer.

The stock market’s recent advance has been nothing less than spectacular. Caveat emptor: the rally was mainly in the large cap stocks. The FED’s determination to raise interest rates in December is predicated on the upcoming economic data. One of the most important...

November 5, 2015

After writing my last piece regarding Martin Armstrong I thought that would be enough, it wasn't. A reader replied and forwarded this recent article by Mr. Armstrong "Did Gold Survive the Depression? Please read this short article twice before continuing to my...

Gold prices should form a temporary bottom within the next day or two and then proceed to rally for a short bit. Sadly, this will be just a relief rally, and prices are expected to rollover, continuing lower into a December low.

Is The Distance Between The S&P500 And Its 50-dma A Showstopper? The short answer is "yes, it is a relevant concern looking out days/weeks." However, it is also worth taking a look at some historical examples. History helps us keep an open mind about all...

In the September 10 column entitled, “The bear makes a welcome return”, we discussed the return of the infamous bear image on the front cover of several news magazines and newspapers. The most conspicuous example of the bear could be seen on the front cover of...

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