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Gold Editorials & Commentary

May 10, 2018

For most Americans the geopolitical/financial crises of the 1970s happened so long ago that they’re about as relevant as the Revolutionary War or the Reformation. But for seasoned citizens who were around back then and paying attention, the similarities to today are...

Is gold headed below $1000?  I doubt it. Like every other bullion investor who has tired of watching gold’s price meander sideways for nearly six years, I’ve grown increasingly disappointed and frustrated.

Iran’s gold demand will probably be “strong” for the next few months and then gradually decline as U.S. sanctions start to take effect, according to the researcher who covers the country for Metals Focus Ltd.

May 9, 2018

The Dollar Index has rallied for three weeks without a significant correction, raising the odds that April’s 89.23 low could turn out to be a very important one. Notice as well that the dollar’s romp has exceeded numerous prior peaks, including no fewer than one ‘...

Gold was up half a percent year-to-date through last Friday. This doesn’t sound very exciting, but over the same period, the S&P 500 Index was in the red—the first time in nearly a decade that stocks have been negative for the year through the beginning of May....

Normally, I don’t step out and make such bold statements as gold mining supply IS collapsing, however, in this case it seems appropriate. We have reported on several occasions just in the past week, here, here and here how some of the largest mining companies in the...

Last week, we discussed the likelihood of another Large Spec washout in COMEX gold and the impact this would have on price in the short term. Today, let's look at this in greater detail.

Gold now has limited downside (20%) but substantial upside (650%). Gains on gold are likely to come at a time when stocks are crashing. Investors and savers without an allocation to gold will be wiped out. Time to consider saving in physical gold? 

May 8, 2018

How do you know when to underweight or overweight gold or silver? Mike Matousek, head trader at U.S. Global Investors, explains how he looks at the gold and silver price ratio to determine the opportune time to adjust weightings. Mike also explains silver’s seasonal...

The Gold Report: Frank, thank you for joining us today. Let's talk about the commodity super-cycle. Would you explain what the super-cycle is? Frank Holmes: There's lots of research on the super-cycle; new research came out around five years ago that found evidence...

This is the important weekly gold chart. The rectangle pattern on the daily chart is part of a huge weekly chart base pattern.  That has been forming for about five years. Note the enormous increase in trading volume over the past two years.  This is extremely...

As the markets and financial system continue to be propped up by an ever-increasing amount of debt and leverage, precious metals investors need to understand the two most important reasons to invest in gold and silver.  While one of the reasons to own precious...

About a year ago, Argentina – which has inflated away and/or defaulted on its currency every few decades for the past century – issued 100-year government bonds. And the issue was oversubscribed, with yield-crazed developed-world institutions throwing money at the...

May 7, 2018

Call it the news of the year, perhaps even of the decade. For the first time since the Korean Peninsula was divided in 1948, leaders of the two warring nations met in what had the look and feel of a jovial reconciliation between two estranged family members.

The gold to silver ratio moved to 20-year extreme and it’s now moving lower, so the top is in and now we’re going to see a move back to historical norms well below 30 (there are different ways to measure it). The implications are that silver will now outperform gold...

The US economic expansion that began in mid-2009 has been much weaker than average, but, as indicated by the chart displayed below, it is also much longer than average. In fact, it is simultaneously the weakest and the second-longest expansion on record.

The hot topic in monetary economics today (hah, if it’s not an oxymoron to say these terms together!) is whither interest rates. The Fed in its recent statement said the risk is balanced (the debunked notion of a tradeoff between unemployment and rising consumer...

The best performing metal this week was silver, up 0.14 percent. Gold traders were back to bullish this week after gold bounced off its 200-day moving average after dropping to its lowest since December on Tuesday, according to the Bloomberg weekly survey of traders...

Well, everyone else has been calling for a market crash, so I thought maybe I should too. But, while I think the market will likely crash again, I don’t think it is going to happen just yet, as I still believe this bull market has several more years to run.

The switch from Central bank gold sales to purchases had a big impact on the gold market.  Precious metals investors fail to realize that Central banks sold a staggering amount of gold into the market up until 2009.  It’s also quite interesting that Central banks...

The past few months have seen some unusual, maybe even unique, developments in the gold and silver futures markets, with gold becoming extremely bearish and silver almost ridiculously bullish.

SPX is approaching the end of its correction which is deemed to be in about two weeks. There are two possible targets for the final low: one which would slightly exceed the former low of 1553, and the other which would find support at a higher level.

May 6, 2018

Gold in US dollar terms ended the week down 0.75%. Gold’s decline was likely primarily due to a stronger US Dollar Index (USDX) which was up 1.1%. Gold rose after the worse than expected non farm payrolls on Friday before reversing the gains and then bouncign to...

Rhetorical questions, by rationale, are rooted in truth. We all know some of the classics: "Does a bear relieve itself in the woods?" "Do politicians do different from that which they promise?" "Is the stock market going to crash?" "Are the Cleveland Browns a bad...

The Dow Jones Index on Wednesday broke down to double digits in the BEV chart below (-10.11% / 23,924). I was wondering if this was the week the Dow Jones was going to take out its -11.58% (23,533) from March 23rd. But Friday came leaving the Dow at -8.84% / 24,262...

May 5, 2018

Gold sector is on major buy signal since early 2016. Major signals can last for months and years and are more suitable for long-term investors. Speculation is in bull market values. A closer look at current COT data reveals that speculation is now at levels of...

May 4, 2018

In interviews, whenever I try to make the case that US policies are leading to the kinds of currency disruptions common in developing countries, I say something like, “For a glimpse of America’s future, take a look at Argentina, where they’re eating cats and dogs...

It is my privilege now to welcome in Greg Weldon, CEO and President of Weldon Financial. Greg has over three decades of market research and trading experiencing, specializing in the metals and commodity markets and even authored a book in 2006 titled, Gold Trading...

Here are today's videos and charts

Gold was enjoying a solid spring rally until a couple weeks ago, nearing major upside breakouts. But its nice advance has crumbled since, really weighing on sentiment. Gold fell victim to a rare major short squeeze in US Dollar Index futures. The surging USDX...

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In 1792 the U.S. Congress adopted a bimetallic standard (gold and silver) for the new nation's currency - with gold valued at $19.30 per troy ounce

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