Gold Editorials & Commentary

The International Monetary Fund (IMF) previously deemed Deutsche Bank as the most systemically dangerous bank in the world.

To everything there is a season, and a time to every purpose under the heaven.   Ecclesiastes 3:1. Last month Bill Bonner wrote an interesting article about trading the Dow/gold ratio.  He recommended selling the Dow and buying gold when the ratio was above 15 (the...

Longer-term, SPX is most likely tracing out an important top before it starts (resumes) a correction taking it significantly lower. Only long-term investors will debate what lies ahead, but even at best, the anticipated decline could amount to several hundred more...

That blur you just saw was November. A month alone in which the trading range for Oil was a dramatic 32%; even both Silver and Copper traced ranges exceeding 7% for the year's eleventh month; the S&P 500, too, had a 7% trading range.

I last wrote an article on Friday November 9th as the Dow Jones closed with a value of -3.13% in the BEV chart below.  Three Friday’s later and the Dow Jones closed today with a value of -4.81%.  Not much of a difference, until we note between these two Fridays the...

The Fed blinked. This was not news to Macro Tourist Kevin Muir or readers of Biiwii.com, which is very pleased to publish his work.

Our proprietary cycle indicator is up. Gold sector is on a major sell signal. Speculation remains at multi-decade low, allowing for a potentially substantial short covering rally in the near future.

The Fed was notably more dovish in its tone this week. On Wednesday, Fed Chair Powell warned of "generally elevated" asset prices. But then he followed that with: "The resulting drop in asset prices might be particularly large, given that valuations appear elevated...

The junior gold miners’ stocks have spent recent months mostly languishing near major multi-year lows.  That spawned a sentiment wasteland riddled by bearishness and bereft of bids.  But these companies’ battered stock prices aren’t fundamentally righteous, as...

Here are today's videos and charts:

Once in a while it seems everything aligns just right and the world spins in the orbit we choose. This happened recently just after the publication of Gold: Still Money for a Reason The article was published on several other websites and generated quietly a bit of...

Recent market and economic developments are positive for gold and precious metals but conditions are not bullish yet. Bullish conditions and bullish fundamentals would be highlighted by a shift in Fed policy. They aren’t shifting yet. They are slowing, which...

Editors note: I am not sure what to make of being called “Ireland’s Mr Gold” but I suppose you could be called worse. For me, my fellow founder Stephen and our excellent team, it has never been about gold itself, but rather it has been about the benefit that gold...

Powell spoke yesterday. The gold market considered his remarks as dovish. And the market is always right, isn’t it?

Britain would be plunged into its deepest recession since the 1930s under a disorderly no-deal Brexit, the Bank of England warned yesterday.

Wednesday’s monster rally was just the beginning of a surge that can end only when the last die-hard bear has thrown in the towel. Although the short-covering panic goosed stocks into the clouds, the wild-blue-yonder, blow-off phase lies just ahead. Hundreds of...

Housing and auto sales appear to have hit a wall over the last 8-12 weeks.  To be sure, online holiday sales jumped significantly year over year, but brick-n-mortar sales were flat. The problem there:  e-commerce is only about 10% of total retail sales.  We won’t...

Going forward, there are – and will continue to be – three primary drivers of global physical gold (and silver) demand. During certain times in the past only one or two of these elements provided most of the momentum.

Gold, silver and mining stocks declined in a quite visible way yesterday, which is in tune with our previous expectations. In the previous days it was only silver and miners that declined in a meaningful manner, but yesterday gold joined them, making this a sector-...

As many of you know, I will often read articles written by others -- along with the comments -- to gauge the overall sentiment of the market from an anecdotal perspective.  During one of my recent perusals of articles, I noticed a quote of the following statement by...

Peter Schiff explained “What Happens Next.” This article takes his “likely sequence of events” and expands the discussion. His sequence: Bear Market. Recession. Deficits explode. Return of ZIRP and QE. Dollar tanks.

Debt is future spending pulled forward in time. It lets you buy something now for which you otherwise don’t have cash yet. Whether it’s wise or not depends on what you buy. Debt to educate yourself so you can get a better job may be a good idea. Borrowing money to...

In an article entitled “China’s monetary policy must change” Alasdair Macleod discusses a path that China’s government could take to make the Yuan gold-backed and thus bring about greater economic stability in China.

The new Alchemist is out. What can we learn from the latest publication of the LBMA? We invite you to read our today’s article and find out!

Since I put out my last update on Thursday morning, I cannot say much has really changed.  So, I am going to re-print my update here, and add a few new comments below:

It has now been one full year since we began to monitor the daily totals of COMEX EFPs. The total amount of gold allegedly "exchanged for physical" over the past twelve months will astound you.

AAPL has trampolined $4, or 2.4%, after bottoming an inch from the 170.78 ‘Hidden Pivot’ target I’ve been drum-rolling here for the last week. The stock was trading near $190 at the time the target was first broached. Friday’s low got close, hitting 171.85. But even...

It is hard to cheer for the Department of Justice these days, but federal prosecutions have begun to offer hope for precious metals investors hurt by rigged markets and crooked traders.

The best performing metal this week was gold, up 0.14 percent. The Bloomberg Intelligence Global Senior Gold Valuation Peers Index is heading for a fourth straight gain to mark the longest rally since September.

While the debate on the dynamics of the gold market continues, at least the top gold miners production cost provides us with a floor price.  Or rather, a basic minimum price level.  I get a good laugh when I read analysts suggesting that the gold price will fall...