Gold Editorials & Commentary

The last update was wrong. Gold was expected to drop with the stockmarket, but instead it rose. Being wrong in this business is not a crime, but it is vital to recognize the error as soon as possible and make a course correction, and if possible discern the reason...

After a substantial and precipitous price drop of 450 points during the past two weeks, SPX has finally found a bottom and is rallying over the short-term.  In keeping with the current volatile market nature it has already rallied 173 points in three days.  More is...

Although yours truly has yet to completely jump on the bull bandwagon (which has revved up recently), I cannot ignore the positive fundamental and technical developments for precious metals.

Oh were 2019 in this missive's title the forecast price rather than the year. Yet per the above Gold Scoreboard, a price of 2019—and well beyond given our currency debasement price alone of 2854—must inevitably in the cards once Gold plays catch-up to the green...

Our proprietary cycle indicator is up. Gold sector is on a major sell signal. Long-term – on major sell signal. Short-term – on buy signals. Gold sector cycle is up. A tradable bottom remains in place.

The market’s last chaotic day closed in a way that befit the entire year. Up, down, up harder, down harder and done! It looked like the violence of the day may have come from the Plunge Protection Team attempting to push the market up in the middle of the afternoon...

Last week, I discussed the Bull and Bear cases for Gold. The stock market sell-off that began on October 3, the associated fall in bond yields, increasing expectations that the Fed would be forced to reverse policy, recent weakness in the dollar, and Gold rising in...

In January of 2018 we noted a cyclical leader (Semiconductor Fab Equipment) in trouble: Semi Canary Still Chirping, But He’s Gonna Croak in 2018.

Stock markets are forever cyclical, an endless series of alternating bulls and bears. And after one of the greatest bulls in US history, odds are a young bear is now gathering steam. It is being fueled by record Fed tightening, bubble valuations, trade wars, and...

There is a disconnection between paper and physical gold prices and the former has to catch up with the latter eventually. Myth or fact? We invite you to read our today’s article about demand for gold coins and bars and find out whether it will save the yellow metal...

“Commentators keep asking why the Fed can’t raise rates if the economy is so strong? They still don’t realize that the economy was never strong. They confuse a bubble for strength. Without 0% rates and QE the bubble can’t survive. But a return to those policies...

We hope that you enjoyed Christmas. As we promised last week, we will analyze the post-meeting Powell’s press conference today. The Fed Chair remained optimistic about the US economy, which “has continued to perform well.” However, “some crosscurrents have emerged...

So, the bull market bounced back, right? Not so fast. When one appreciated reader suggested there would be a huge plunge the day after Christmas, given how badly the market plummeted the day before Christmas, I cautioned against that tempting thought. Herein are...

Until you got to this tax and spending deal a year ago, it was one of the most hated bull markets. The markets steadily climbed one wall of worry after another, and the problem was that the economic data did not confirm it.

The economic world is always changing, but the 2018-2019 period will mark an important transition. Consider credit market debt, interest rates, stock indices, individual stocks, and several ratios.

It is my privilege now to welcome in Frank Holmes, CEO and Chief Investment Officer at US Global Investors. Mr. Holmes has received various honors over the years, including being named America's best fund manager by the Mining Journal. He's also the co-author of the...

The much awaited and hoped for Santa Claus Rally turned into a complete rout today as the broader markets continued to sell-off to new lows this month.  The Dow Jones plunged a stunning 653 points today, the worst in the in the 122-year-old history of the index.  ...

Wall Street didn’t take well to the Federal Reserve’s latest rate hike and projection for two more to come in 2019. Neither did the White House.

All major stock indices WORLDWIDE are presently in a Bear Market mode. In fact there is no exception: Stocks are trending downward in the North America, Asia, Europe and Mexico…without exception. This analysis will consist of mainly the stock charts of 16 major...

Summary: -Anticipating trouble ahead, fund managers make a historic rotation out of equities into bonds. -Gold and gold mining stocks have been the one bright spot this quarter. -Tax reform turns one year old. Has it achieved what was expected?

The best performing metal this week was gold, up 1.39 percent. Gold traders continue to be bullish on the yellow metal amid concerns about economic growth, as measured by the weekly Bloomberg survey. ETFs backed by gold saw holdings increase for 10 days straight,...

Non-renewable natural resources (e.g., industrial metals, precious metals, agricultural minerals, industrial minerals and rocks, energy fluids, and energy solids) are extracted from Earth’s surface and its depths. Exploitation of these resources naturally leads to...

I would not have had to invest or work at all if I had $100 for every time I heard an analyst tell me that the market is just not trading upon fundamentals at this time. In fact, when the market seems to disconnect from the fundamentals, analysts view it as the ...

When the market began a serious correction in October, it looked as if it were starting what could turn out to be a “bear market”.  This became more evident as time progressed and the downtrend deepened.  It is normal for the stock market to have corrections within...

There seems to be a new gold Index in the works that may just be the most important Index for speculators in the small stuff, you know, those small exploration type of “penny” stocks that could zoom 2, 3, 4 times in price in a few short weeks (but could just as...

A little holiday cheer there, emphasis on the word little. For in settling out the week yesterday (Friday) at 1259, 'tis a price hardly about which to be excited, the big reason being the above Gold Scoreboard's valuation level of 2857. But to quote Marty Feldman in...

Mr Bear has begun clawing back inflated market valuations in the stock market.  The Dow Jones has deflated by over 6% since last Friday’s close; everyone can see Mr Bear’s handy work in the BEV chart below.

Although everyone is once again getting excited by the prospect of higher Gold prices (including myself), there is plenty of ammunition for the BEAR CASE also. At the end of the day, whether we go higher or lower in the next 0-6 months depends on whether we get a...

This ain’t no ballgame. This bear has shown up for blood, not sport. The Nasdaq intraday hit the 20% down mark that is widely regarded as qualifying for a change from a bull market to a bear market. A close at that level would have made it as official as a...

As we’ve been saying, the stock market will have great influence on gold. It has been easy to see in recent months. The S&P 500 has cracked, losing both its 200-day and 400-day moving averages. Gold and gold stocks have benefitted and gained in recent months...