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Gold Editorials & Commentary

November 17, 2016

Let’s be honest. I am quite sure that you have entered into the foray of the financial markets because you seek profit and you desire to grow your net worth. But, I hear too many people arguing with my articles due to perspectives of seeking “fairness” in the...

November 16, 2016

The inflection point in many of the different markets still continues to develop. The precious metals complex is approaching a very critical backtest to some important necklines we’ve been following. I added the GDXJ to the combo chart which shows the HUI, GLD, SLV...

President-elect Donald Trump’s White House victory was a surprise, and so is the ripping sell-off in global bond markets, which has quickly driven US interest rates to the highest levels in a year. The rout has wiped out an estimated $1 trillion from global bond...

Ever since he made his presidential bid in June 2015, Donald Trump has vowed to “make America great again.” Part of that promise includes rebuilding the nation’s infrastructure, a monumental task that will require the financial backing of tax-free municipal bonds....

Gold, silver and mining stocks moved higher yesterday, even though the USD Index moved higher as well, which had bullish implications. Based on the closing prices and the rally in mining stocks that took place in the second half of yesterday’s session, it seems that...

After an initial surge in the hours after Donald Trump’s election, the price of gold has been under pressure. To gauge what’s ahead for the yellow metal, we dissect the forces that may be at play.

Peak gold production is happening globally…and this is “bullish for gold” according to a slowly emerging group in the gold industry. It is great to see the reality of peak gold production slowly be acknowledged in the mainstream as it is an important fundamental...

I look all around me, and those that were bullish have now turned bearish, and those that were bearish are now drooling and foaming at the mouth. What happened to all the bulls?

As the dust settles from the US presidential election, multitudes of political analysts and news commentators continue to scratch their heads wondering “what went wrong?” The collective question they’re asking of course is in reference to the candidate who was...

November 15, 2016

Brexit and the Donald Trump presidential victory should rightly be viewed as the most significant international developments of the last decade. Both events illustrate a breaking down of globalist order and they both threaten the entrenched elite that has so...

What kind of President will Donald Trump be? Will he restore America to its former position of greatness, or end up being feckless like a long list of his predecessors? That is yet to be determined.

Did you ever notice how dinnertime conversation always seems to get around to somebody asking you for money? Or they want you to spend some of your Precious Mogambo Time (PMT) with them, “doing” something “together as a family” where you act like a “real father”...

Gold is no longer vulnerable. It has entered a nice buying area. The $1225 - $1200 price zone is both technically and fundamentally important. Here’s why: The average cost of producing gold is now approximately $1210. Fundamentally oriented money managers of size...

Gold continued to fall in yesterday’s day session, reaching 1211.00. In the overnight session gold was a little higher, reaching 1231.30, at the time that this Post was being written.

The gold price should rise in the medium and long term on global risks and the Trump Presidency, according to leading research consultancy Capital Economics. capital-economicsThe recent sharp gold price fall is again causing jitters among some investors who forget...

A memorable and wild week is behind us. In my last report it was just an intuitive premonition that a big surprise might be upon us while the facts clearly spoke a different language. Now a change in this world has become tangible. Whether it is for the good or the...

Call it Brexit 2.0: American Edition. Like their British counterparts, who voted in June to cut ties with the European Union (EU), American voters resoundingly rejected globalism last week, calling into question the United States’ involvement in military alliances...

November 14, 2016

The best-performing precious metal for the week was palladium, up 7.56 percent. The strength in palladium is seen as an indicator of improving manufacturing and automobile demand, since its primary use is in catalytic converters.

“If the question is when markets will recover, a first-pass answer is never.” I have to feel sorry for Paul Krugman. The Nobel prizewinning economist was clearly gutted by Donald Trump’s victory. Yet he also managed to sum up in that one impassioned line (written in...

Global gold investment demand has increased due to rising uncertainty in the financial markets and the unpredictability associated with a new Trump Presidency. Not only has gold investment demand surged this year, sales of the U.S. Mint Gold Eagles spiked the day...

While the list of US money managers pivoting bullish last week on the US economy and equity markets reads like a who's who list of hedge fund titans, the broader reflationary trend that had displayed cracks in its foundation last month, once again began to quake and...

The big news this week is that Donald Trump was elected to be the next President of the United States. Whether due to his comments about restructuring the government debt, tariffs on imported goods, or other economic concerns, many expected news of his election to...

November 13, 2016

Individual indexes have reacted differently to the election results. It will take a little longer to arrive at a consensus view of what lies ahead. For now, the SPX may be ready to complete the final phase of the uptrend which started at 1810.

Nobel Prize winning economist and uber-liberal New York Times columnist Paul Krugman likes to illustrate his philosophy by noting that the threat of an alien invasion would help the economy by stimulating government spending.

The 658% bull move mentioned here a couple of weeks ago is temporarily postponed, until the snowflakes get a grip. Let’s see how that $1,200 support level holds up (well, I think I mentioned $1,190 previously but what’s a few dollars here or there?). Apart from...

I think this election has made people go nuts. Not only have people gone over the deep end when it has come to politics, but I think people have gone over the deep end regarding the financial markets.

As the price of gold and silver came down sharply, many investors are asking what the future price of gold will be. Although we do not pretend to have a crystal ball, we analyze sufficient signals in the charts to make a make a call about the future price of gold...

Many are the analogies one might make to describe Gold's -8.9% decline from the week's high of 1338, down through the whole 1280-1240 support zone to the week's low of 1219, in turn momentarily penetrating the rising 300-day moving average at 1222.

As I expected, not much happened in the market until the election. The Dow Jones Index remained in the box it found itself in since early September, until last Friday when it broke down 4% from its last all-time high. Then on Monday the stock market began a week...

Gold sector is on a major buy signal but short term sell signal. Cycle is down. Trend is down. Correction continues.Silver is on a long-term buy signal. Short-term is on sell signal. Silver is more volatile than gold, manage your risk.

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