Gold Editorials & Commentary

As most of you know, many mining companies have fallen by over 90%. The HUI Gold Bugs index has fallen 83% since its 2011 peak in the second longest bear market in gold shares on record. It’s fallen twice as much as gold’s bear market loss of 43%.

Last time I wrote, I was expecting an important top in the stock market by August 28th -- and a minimum of 1985 SPX. We closed at 1988 Friday after tagging 1993. Gold stocks began to rally strongly Thursday into Friday as we hit the 8 TD/3 week low Wednesday at new...

If there was ever any doubt that the majority of buying by the hedge fund category in the gold market over the past 3-4 weeks has been of the nature of short covering, this week’s COT should put that theory to rest.

With respect to Thursday's notably large upward revision to the US' Q2 Gross Domestic Product from its initial reading of +2.3% to +3.7%, 'twas the largest such revision (+1.4%) since we began compiling our Economic Barometer 17 years ago in 1998, equaled only by a...

The financial media reported the Dow Jones made market history Monday when the Dow moved 1,089 points on an intraday basis from the previous day’s close. After a brutal day “a new historic record” like that sounds pretty darned impressive.

Stock markets were turbulent the first half of the week seeing major overnight gaps. Consequently, subscribers and I remained in cash waiting until Wednesday when I saw behaviour change. I did a lot of buying Wednesday later in the day and even bought on margin a...

Gold prices have been volatile. Some feel the lows are behind us, but others disagree. With the gold price swinging up and down, this is a good time to stand back and review what the charts are telling us, to get some perspective on the situation... Chart 1 is our...

Gold sector is on major sell signal. Cycle is down. Caution is advised. Silver is on a long-term sell signal and investors should be in cash or short. Short term is on sell signal as the buy signal failed promptly, not unusual during a bear market.

What’s happening with the Shanghai Gold Exchange (SGE) and Chinese gold demand as expressed by the weekly physical gold withdrawals from the Exchange – a strong indicator at the very least of Chinese physical gold consumption taking all forms of demand into account...

The following is an article that covers an Interview with Andy Schectman, Miles Franklin's President and Co-Founder. ANDY HOFFMAN: Precious Metals, in our 26th year in business. It’s Thursday night, August 27th; and given the extreme volatility of global markets –...

Dow & Trans Indices, Gold, Silver & US$ Volume, GDX & GDXJ Bottoms, Key PM Stock Volume, Swing Trading analysis via videos.

The US stock markets just suffered an extraordinary plunge, shocking traders out of their complacency psychosis. This cast the foundational premise behind recent years’ incredible stock-market levitation into serious doubt.

Over the years we have frequently stated that every that every major bull market will experience at least one back breaking correction. Usually the correction culminates with a 50% pullback from the highs. In the case of Gold, this would equate to a pullback to $960...

For the past 20 years, and much longer in most cases, debt and prices have moved upward in exponential trends. Markets go up and down. Debt however, based on over 100 years of central bank and politician foolishness, only goes up – until a great deflationary crash...

Two weeks back I asked the question whether or not the "Final War" had started, between the EAST AND WEST. I was called a number of politically incorrect names for suggesting the Tianjin explosion might have been an "attack" and took even more heat,... because I...

We continue to have a wonderful dialogue with and frequent editorial submissions from readers and clients. Today, we have a thought provoking and important article that should greatly contribute to the debate on the merits of continuing to use artificial money.

Last week when we covered rebound targets in the precious metals sector, we also discussed the importance of Gold’s performance in real terms. It can be a leading indicator for the sector at key turning points. Since then precious metals sold off in aggressive...

Is China’s surprise move to weaken its currency a step towards market reform or does it presage a widespread series of “race to the bottom” devaluations reminiscent of the Great Depression? China joins the Swiss National Bank (SNB) who earlier this year let the...

Don’t let the bull-tards tell you the stock market over here is falling because of China’s problems, or Grexit, or fear of the nebulous Fed rate hike. We’ll just see about that last one now anyway

“In recent years, China has come to shape the very way in which commodities are bought and sold, traditionally the preserve of financial centers such as London and New York. Late last month, the price of gold fell sharply, to a five-year low, within minutes of Asian...

In our opinion, short (full) speculative positions in gold, silver and mining stocks are justified from the risk/reward point of view. Yesterday we saw another big daily decline and it served as an additional confirmation that taking profits on long positions and...

One of the most brilliant investors in the world just made a stunning call… Ray Dalio is the founder of Bridgewater Associates, the world’s largest hedge fund. Dalio manages nearly $170 billion in assets. He has one of the best investing track records in the...

We’re going to look at the precious metals complex and get focused again as this is the area we need to concentrate our efforts right now…IMHO. All the volatility in the stock markets has many taking their eyes off the ball of what may turn out to be the trade of a...

What was the best asset class to buy for the recovery that followed the 2008-9 crash in global financial markets? Step forward gold whose rise was only exceeded by silver.

Another day and yet another episode in the great gold/markets/dollar/renminbi saga. While the Shanghai Composite Index fell another 1.3%, and Hong Kong's Hang Seng Index was also down around 1%, Japan's Nikkei and European and American markets were all picking up...

The Chinese stock market is of interest to us not because we necessarily want to trade it, but because of its effect on other world markets. Its heavy drop on Monday morning contributed to the rout on Wall St later in the day. The Chinese economy is a massive Ponzi...

Are you ready to make a leap of faith? A buying opportunity is fast approaching in MINERS, whether it looks like they are crashing down or not. Let me show you what I am seeing. In July I expected a drop in the USD to the lower support line. This would cause a...

For years now, each time the metals rallied, most in the market believed that the bottom was in. However, the lower we get, it seems that the crowd of those believing the bottom has been struck continues to shrink. Many more are still calling for lower lows even...

When planning to write this piece, the Dow was up 250 points or so with 45 minutes of trading left. The anticipated bounce (if China cut rates) arrived this morning with a 442 point upward thrust. This on a report card could be categorized as a “C-” or even a “D+”,...

For someone carrying a dogmatic bent of the bearish persuasion, there's always conditions somewhere that can fill the narrative. Liquidity provisions, leverage, breadth, global macro developments - the list can go on and on and there's plenty of sites that cater to...