Gold Editorials & Commentary

Shades of Smoot-Hawley!? Stocks plummeted for the second time in less than 24 hours Monday when Trump signaled to China’s trade negotiators that he means business. A long-delayed, $200 billion hike in tariffs will take effect on Friday because the Chinese reneged on...

Those sensible rules apply to gold and silver. ALWAYS INSIST ON A MARGIN OF SAFETY: Don’t buy gold or silver on margin. Always take physical possession personally or in non-bank storage vaults. Trust that governments and the banking cartel will drive nominal prices...

The most historically reliable way to create long term wealth is the reinvestment of cash flows over time, as earnings are earned on earnings, which are earned on earnings. Compound interest is the best known example, but the same principle of compounding cash flows...

Turkey’s debt problem, coupled with the plummeting lira, is arguably the most important risk factor for the nation’s economy. To make matters worse, far from it posing a threat just to Turkey itself, it also has the potential to inflict significant damage elsewhere...

Several weeks ago we wrote about the downside risk in the gold stocks. After the various gold stock indices formed distribution-type tops, the subsequent selling has been swift. Miners have plunged through moving averages and short-term breadth indicators quickly...

The roller coaster presidency of Donald Trump is currently riding high as the stock market races back up to new highs, economic data come in better than expected, and Congressional Democrats’ endless investigations come up empty handed.

Over the past several weeks, we have debunked the idea that purchasing power—i.e. what a dollar can buy—is intrinsic to the currency itself. We have discussed a large non-monetary force that drives up prices. Governments at every level force producers to add useless...

The US unemployment rate dropped in April to 3.6 percent, a level not seen since December 1969. So, everything must be great. With the exception of the renewed worries about the U.S.-China trade deal. On Sunday, President Trump surprised the markets again. What did...

Stocks rallied on Friday, as they retraced their Thursday’s decline following the monthly jobs data release. The S&P 500 index got closer to the record high again. But the broad stock market will sell off today following renewed fears of a trade war.

The last newsletter focused on the warning issued by Erik Hadik (Insiide Track)  that market cycles were coming together to reproduce another version of the September-December sudden and sharp market correction which was brutal but short-lived.

Large precious metals speculators raised their bullish net positions this week in the Gold futures markets after a couple of down weeks, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday....

Gold is setting up for a strong rising trend. Gold has formed a Cup and Handle Bullish pattern, and is now inside the Handle portion of the pattern.

For 2019, four months (plus three trading days in May) are in the books. And the wallflower at this year's Dance of the Markets so far is Gold, essentially "unch" from where it finished 2018 (at 1285), settling out the week yesterday (Friday) at 1280.

A new definition for tedium should be having to follow the Dow Jones; for weeks now it hasn’t done much to entertain market watchers.  I wish it would go up, or down, instead it just daily trades near to, but just short of a new all-time high.  It’s been like this...

I was going through some old long term charts I haven’t posted in many years to see if there was anything of interest to post tonight. With long term charts things don’t change very fast and the big picture can stay viable for years.

Gold sector is on major buy signal. The big picture in the dollar has become clear these past few weeks, as an ending diagonal is taking shape, which when broken, a new down leg will begin.

A slowing global economy, stock market turmoil, delays to interest rate rises and potential U.S. dollar weakness are expected to boost average annual gold prices to their highest since 2013, a Reuters poll found.

It is my privilege now to be joined by Bill Holter of JS Mineset and the Holter-inclair Collaboration. Since leaving Wall Street more than a decade ago, Bill has made a name for himself as an astute and highly respected market commentator and writer. And has teamed...

Here are today's videos and charts.

These record US stock-market levels are very dangerous, riddled with extreme levels of euphoria and complacency.  Largely thanks to the Fed, traders are convinced stocks can rally indefinitely.  But stock prices are very expensive relative to underlying corporate...

Notwithstanding today’s absurdly phony and propagandistic employment report, it’s becoming more apparent by the week that the Fed and the U.S. Government are once again preparing to print more money.

“The US dollar will collapse or it will be replaced by another currency” – we hear such statements all the time. Are they true? We decided to check these claims – so we invite you to read our today’s article about the US dollar’s international supremacy and find out...

Based on the technical cycle and long term historical ratio (Gold to Silver) analyses, I think the following case is very likely to occur for 2019:  Gold price to reach $2000/oz and Silver price $60/oz.

The Donald was at it again in Wisconsin this weekend, reiterating his patented boast that the US economy is booming like never before. We’re now the No. 1 economy anywhere in the world and it’s not even close,” he said on Saturday night at a rally in Green Bay,...

Global Gold Demand Trends Q1 2019: Global gold demand lifted by central banks and ETFs. This compares with a relatively weak Q1 2018, when demand sank to a three-year low of just 984.2t. Central bank buying continued apace: global gold reserves grew by 145.5t. Gold-...

Yesterday’s much-awaited FOMC day didn’t bring much of a surprise in terms of Fed policy changes. However, one has to look at the charts, not just at the news. The USD has certainly reversed higher yesterday and dealt us new cards. Great, let’s take a look how they...

In the hunt to find asset classes and/or sectors that are ripe to provide multi-year, multi-bagger opportunities, with the potential to outperform the major indices. It helps if you can find an investment that has been decimated from a massive boom, more recently...

The May FOMC statement didn’t bring much of a surprise. Fed Chair Powell remained upbeat in his assessment of the U.S. economy while dismissing low inflation as transitory. Gold has initially jumped, only to keep declining later. What has actually happened yesterday...

Tariffs have upset world markets and decades of America-made supply chains helping cause in December the worst single month market sell-off since the Great Depression. Because Mr. Trump views the stock market as the one signifier of the US economy and a simplistic...

The bid-ask spread of both (spot) gold and silver has blown out. Both, on March 1. In gold, the spread had been humming along around 13 cents—gold is the most marketable commodity, and this is the proof, a bid-ask spread around 1bps—until… *BAM!* It explodes to...