Gold Editorials & Commentary

To understand why Europe is watching Turkey’s financial crisis with alarm, you just have to see this chart:

Inflation results from policies implemented by governments, commercial banks and central banks. A FEW CONSEQUENCES: More currency placed into circulation devalues all currency units. We can thank fractional reserve banking, deficit spending and QE.

– Currency has become worthless in Venezuela’s hyperinflation. – Venezuela was once one of the wealthiest countries in South America. – Currency collapse due to massive currency “printing,” digital currency creation and misguided socialist government. – Toilet paper...

As the U.S. increases its use of the dollar reserve system as a weapon in its trade wars, the rest of the world responds by accelerating its movement away from dollar hegemony.

Investment advisor Jayant Bhandari, in this conversation with Maurice Jackson of Proven and Probable, discusses recent moves in the U.S. dollar, the role of gold, and several arbitrage opportunities he sees.

Feeling the psychological effects of a four-and-a-half month decline in gold and silver prices, I decided in July to refrain from trying to fight the forces of intervention and suppression for the balance of the summer and instead try to focus on companies that...

After a screaming January to start 2018, it's been six consecutive months of pain across the mining industry. The catalyst for this has largely been fear that the Trump tariff tantrum will derail global GDP growth, coupled with fears that the U.S. dollar is set to...

Gold’s impressive rally continues to accelerate. Key fundamental and technical price drivers are playing a bullish song with almost perfect harmony.

Could it be that because investing is not an exact science, we are easily misled? Traditional investing is governed by diligent research, skilled analysis and the prudent application of the fundamental and technical analysis. On the other hand, contrarian or...

Gold prices briefly traded above $1200 on Wednesday due to the legal and political troubles facing Donald Trump following the Paul Manafort guilty verdict on Tuesday. Kitco’s Jim Wykoff reports:

If we go back to the last big market correction, the precious metals didn’t fall, they soared.  There were several reasons the gold and silver prices disconnected from the broader markets at the beginning of 2016.

The World Gold Council (WGC) has apparently speeded up its publishing. They have issued a few interesting pieces recently. In this edition of the Gold News Monitor, we discuss them.

Who Was Leonardo Bigollo and Why Does He Matter To Us? After the fall of the Roman Empire in 476 C.E., much of European advancement in mathematics and philosophy was either lost or simply remained stagnant. Although there is a difference of opinion among historians...

The United States is currently waging economic warfare against one tenth of the world’s countries with cumulative population of nearly 2 billion people and combined gross domestic product (GDP) of more than $15 trillion.

Price ratios determine the relative value of commodities and are useful parameters to determine if a particular commodity is fairly valued, oversold, or overbought.

The best performing metal this week was palladium, up 2.50 percent despite money managers flipping to net bearish positions in the futures market with Friday’s update. Gold traders have switched back to a mostly bullish outlook, as of Thursday’s afternoon survey,...

Americans no longer carry gold and silver money in our pockets and purses as our grandparents did. But we still carry the history, legacy, and spirit of those gold and silver coins in our language.

Last week, we said that the consensus is that gold must go down (as measured in terms of the unstable dollar) and then will rocket higher. We suggested that if everyone expects an outcome in the market, the outcome is likely not to turn out that way.

For those that follow me regularly, you will know that I have been tracking a set-up for the SPDR Gold Trust ETF (NYSEARCA:GLD), which I analyze as a proxy for the gold market. I also believe that gold can outperform the general equity market once we confirm a long-...

Last Monday, SPX traded up to 2873.93 before reversing.  For all the fanfare about achieving a new all-time high, this surpassed the January high by less than a point!  The index had a shallow correction for the rest of the week and, on Friday, it made another new...

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

We are now seeing an overwhelming body of evidence coming together to suggest that gold and silver have hit bottom. And that even if they haven't, the bottom is very close as downside risk is very limited.

Our subject is Gold, but briefly let's start with stocks as they're breaking the mold. The S&P 500 marginally broke its all-time closing high yesterday (Friday) in settling at 2874.69: that is 1.82 points higher than the previous such high of 2872.87 set back on...

Closing the week only -3.10% from its last BEV Zero, the Dow Jones Index is progressing towards a new all-time high in its BEV chart below as it cleared the -3.43% from late February (Red Circle).  Only 3.10% from a new all-time high and as much time as it needs to...

The battle for control of gold’s immediate trend continues as currency traders and bullion investors alike focus on a key level in the U.S. dollar index. In today’s comments we’ll discuss the improving odds for a gold turnaround in the immediate-term in light of the...

The new high registered Tuesday in the S&P 500 (plus a myriad of smaller cap indices) marked the longest bull run in NYSE history and given that it has done so on the crest of a gargantuan global growth of credit, here is a list of failed trades that plagued a...

It has now been exactly 10 months since we established 2410 as the measured objective for the S&P 500. In forming a potential double top this week at 2405.77 I’d say we are close enough to call the target in (as we did in February when the first top was made on...

Long-term – on major buy signal but may change at month end. Short-term – on mixed signals. Gold sector cycle is down. COT data is at extreme levels which suggests that a recovery may have already begun. We are holding some long-term positions. 

The situation looks bad for the junior mining, crypto and blockchain heavy TSX-Venture exchange. Take a look. So is there a saving grace? Maybe.

I'm back now after a summer break -- and there's lots to discuss, so let's get right to it. Please note, the Monthly Investor Letters and Gold Trader Updates will resume shortly too.