Gold Editorials & Commentary

A couple of weeks ago, I was in Lima, Peru, attending the Mining & Investment Latin America Summit. I heard from a number of industry leaders that mining in South America has become more challenging in recent years.

The US-based bond market is in tragic condition. All the bonds in US financial markets reek of rigged prices and inflated values. It is not a single bond sector, but rather all bond sectors that are in deep trouble, against a background of multi-year economic...

The Fed’s Powell testimony on the economy before Congress pushed stock prices higher last week. And it was worth paying attention to that news. But will the next set of economic data confirm the bullish outlook? Investors will have to focus on Wednesday’s and Friday...

In Friday’s article, we wrote that what comes up must co..rrect and gold has indeed shown to be in a corrective mode. We also wrote that the yellow metal was unlikely to break below the 61.8% Fibonacci retracement based on the previous upswing and while gold moved...

Ronald Stöferle of Incrementum And the “In Gold We Trust” report and Egon of Matterhorn Asset Management, discuss at the Precious Metals Summit in Munich, Germany, the massive risks of the world’s financial system.

It is my privilege now to welcome back the one and the only Gerald Celente, publisher of the renowned Trends Journal. Mr. Celente is a frequent guest on the Money Metals Podcast and is perhaps the most well-known trends forecaster in the world. And it's always great...

The top of the recent stock market wave looks to be ending on Monday, Nov 18, the Leo moon and Bradley turn. All I’m looking for is an irregular higher top on Dec 3. I’m expecting about 4 points up on the open, then down to 3079/80 by Nov 21.

Until Thursday’s close, the price action looked toppy!  For the past week, prices had traded in a narrow range and negative divergence had appeared at the daily and hourly level, and the fear & greed index has been at “extreme greed” for over a week.

We've herein gone on now for nine weeks nearly ad nausea about the Gold pricing zone of 1454-1434 being an anticipated "support shelf". And indeed, now with nine weeks notched of parabolic Short trend, Gold's price finally has truly tested that zone, which so far...

This week found the Dow Jones at the same spot as it did last week in the BEV chart below; at a new BEV Zero (new all-time high) as it advanced by 324 points during the week.  The bulls must be feeling pretty good, as since November 1st the Dow Jones has made seven...

Gold price chart

Our proprietary cycle indicator is up. Gold sector is on major buy signal. GLD is on short-term sell signal. GDX is on short-term sell signal. Speculation remains high despite the current pullback.

Here are today's videos and charts.

In a key policy shift, the ECB has recently introduced tiered system of interest rates. This news isn’t of interest only to the banks keeping their reserves at the ECB. In today’s article, you’ll learn about the new instrument of monetary policy, and find out what...

The major gold miners just enjoyed a phenomenal quarter for gold, which soared after its first bull-market breakout in years. Q3’19’s much-higher prevailing gold prices should’ve driven soaring earnings for the miners, due to their big inherent profits leverage to...

Impeachment circus lows and stock market highs dominated the news cycle this week, and precious metals are quietly attempting a recovery.

A mysterious "pledged gold" entry has just showed up on the Comex gold warehouse report. The definition of this new warehouse stock classification for gold is provided in Chapter 7 of the New York Mercantile Exchange rulebook.

When the GLD dropped down off the October 25th high in a 5-wave structure, this provided us with the warning that a deeper c-wave can take hold.  In fact, as we began the rally off that 5-wave decline, I began noting in our trading room that I was going to use GLD...

The gold price bottomed in late 2015 around $1,050 per ounce. It has since advanced to a high of $1,555 in early September, followed by a pullback to the current price of $1,470. Gold is in a well-defined uptrend channel with higher lows and recently higher highs....

By 08:00am EST spot gold edged up $3 to $1,468, while spot silver eked upward 3 cents to $17.01. Meanwhile, spot platinum creeped upward by nearly $2 to $876, as spot palladium bounced $7 to $1,725.

With the expected price pullback underway, what can we expect for the remainder of the month and into year-end? Will the price action continue to resemble 2010, or will it play out more like 2016 instead?

"People everywhere are being fed propaganda, lies and false stimuli of all kinds, but deep in their hearts, deep in their instincts, they know something is wrong."—G. Edward Griffin, author of The Creature from Jekyll Island

President Roosevelt made owning gold for American citizens, with minor exceptions, illegal in 1933. See Executive Order # 6102. Begin the DOW to gold ratio analysis in 1933.

A World Debt Downgrade Warning (WDDW) has been issued by credit rating agency Moody’s due to deepening global geopolitical uncertainty and risks

Our summary of the current situation in the precious metals is not going to differ much from what we wrote yesterday, and the reason is simple. The decline in gold, silver, and miners is developing just as we’ve been expecting to. Most importantly, gold has just...

It doesn’t take much downside price action to make gold investors nervous, or much upside price action to make greed appear. It’s probably true that no fever is like gold feve

In the February edition of this newsletter, we ran an article under the headline:  Will 2019 be the year of the big breakout for gold? Though we would not characterize gold’s move to the upside so far this year as ‘the big breakout,’ 2019 has been the best year for...

The metals market is an extremely emotional one. The highs and lows you see with metals traders are evident at each of the extremes. I think we are now approaching another extreme.

Gold price falls to a three-month low as concentrated selling of COMEX gold futures contracts equal to over 3 million ounces are sold in 30 minutes

In Part I of this research post, we highlight how the ES and gold reacted 24+ months prior to the 2007-08 market peak and subsequent collapse in 2008-09.  The point we were trying to push out to our followers was that the current US stock market indexes are acting...