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Gold Editorials & Commentary

April 28, 2018

The stock market saw some action this week. On Tuesday the Dow Jones moved over 3% intraday, but closed only -1.74% from Monday’s closing price, so I didn’t count Tuesday as a day of extreme volatility. Other than that, it was a fairly boring week, with the Dow...

Gold’s recent woes have been inversely tied to the latest reversal of fortune for the greenback. As I’ll explain in today’s report, the strengthening dollar is in part a result of rising Treasury bond yields but may also be part of a growing realization that the U.S...

Gold behaves like a currency. This has extremely important consequence: gold cannot be valued like assets which generate cash flows or even as commodities whose value can be at least estimated looking at the balance of demand and supply. Does it mean that gold is a...

If trade wars and actual shooting wars (Syria, Yemen) weren't enough for the world economy to worry about, pressuring stock markets and threatening to derail robust global economic growth, there is another elephant in the room looking to stomp on traders, investors...

The U.S. dollar has been on the rise in April – could it be breaking out? Mike Matousek, head trader at U.S. Global Investors, explains the dollar’s recent positive price action and how investors might participate. He also explains how the dollar and gold have...

Our proprietary cycle indicator is up. 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.

April 27, 2018

It is my privilege now to be joined by a man who needs little introduction, Marc Faber, editor of The Gloom, Boom and Doom Report. Dr. Faber has been a long-time guest on financial shows throughout the world, and is a well-known Austrian economist and investment...

Here are today's videos and charts.

The gold miners’ stocks have mostly been consolidating low this year, exacerbating bearish sentiment. Even with gold grinding higher in a solid uptrend and nearing a major upside breakout, the gold stocks just can’t get any love. But that may be about to change,...

The U.S. gold exports to Hong Kong surged in February consuming nearly all of the domestic gold mine supply.  According to the USGS recent Gold Mineral Industry Survey, February gold exports to Hong Kong more than doubled compared to the prior month.  This was an...

Today I want to look at gold and the large gold miners. I’ll consider the relative performance of the two and ask: which is the better investment? Gold miners: maximising risk, while minimising reward

For those that have followed the long-term bond market, you have likely seen many analysts attempting to call the top to the market.  And, many have even tried multiple times.  However, through the years, bonds continued to chug higher and high.

Since the top on 25th of January at 1.365 USD gold has been caught in a confusing sideways consolidation, moving between 1,305 USD and 1,365 USD back and forth. Due to the weak US-Dollar, fears of a trade war, crashing cryptomarkets and a pullback in the general ...

April 26, 2018

Decades ago, the famous market analyst Joseph Granville stated that "there is more maintained stupidity in this business than probably in any other business in the world," referring to the stock market. He was right, except that the government in Washington is now a...

What drives the gold price? There is no single answer to that question. It is a multiple of factors, all of which vary in their influence depending on an even greater number of factors.

What is Bitcoin? Is it just a payment system, money or investment asset? Nobody knows for sure – it generates enormous definition and classification problems. But it’s understandable, as Bitcoin in a new player in town. However, people also cannot agree on what gold...

Just last week, it appeared that a general rally in commodities was underway. Gold, silver, the base metals and crude oil were all soaring. But now, less than one week later, prices are falling sharply. And why? Blame the HFTs that trade the digital derivative...

One of the main benefits of understanding Elliott Wave analysis is that it places the market into a larger degree objective context from which you can make your major decisions about your investments.

April 25, 2018

A Member of Congress posed some pointed questions to the Federal Reserve and the U.S. Treasury this week about their activities involving America’s gold reserves, including, apparently, efforts to “drive gold out of the world financial system in favor of the Federal...

Recently, Turkish news publication Ahval published a report stating that during 2017, Turkey withdrew 26.8 tonnes of gold that it had stored in the vaults of the New York Federal Reserve, and moved this gold under the custodianship of the Bank of England and the...

Today we are getting another whiff of what’s wrong in the markets.  Currently, the Dow Jones Index is down over 500 points, and the NASDAQ is off by more than 100 points.  Who knows where the markets will finally end up at the close of trading, but it really doesn’t...

For those that follow me regularly, you will know that I have been tracking a set-up for the SPDR Gold Trust ETF (GLD), which I analyze as a proxy for the gold market. I also believe that gold can outperform the general equity market once we confirm a long-term...

Through my cycle work in the market, there is a current focus on the month of May to end up as our next decent swing low for the Gold market, with several mid-term cycles pinpointing this timeframe for a potential market bottom.

Quick summary: U.S. debt, spending and deficits are out of control. Thinking otherwise is delusional. The “runaway train” of debt creation will end tragically. Protect your assets from a mathematically assured disaster while you can. Buy and hold silver, gold and ...

Your money in your bank account can vanish. That is the lesson from yesterday’s enormous screw-up by Ulster Bank that saw payments and bank account balances suddenly vanish.

April 24, 2018

A cursory look at Chinese history can convince you that China should not be underestimated when it sets its sights on a particular goal. Even before Mao Zedong took over the reins in 1949, and the first Five Year Plan began in 1953, centuries of history demonstrated...

The thrill of victory and the agony of defeat. Gold investors focused on the Western markets and government debt fear trade tend to feel the same kinds of thrills and agony that professional athletes regularly experience.

Breaking News! North Korea has agreed to denuclearization. Great! But what does it mean for the gold market? And… why is this not true?

The best performing metal this week was palladium, up 4.23 percent on worries over supply issues due to sanctions on Russia. Gold traders are bullish this week on gold prices as ETF holdings backed by gold saw inflows for 12 days straight, according to Bloomberg.

Russia bought another 300,000 troy ounces of gold in March bringing Russia’s total gold reserves to 1,861 tonnes or 60.8 million troy ounces as of the start of April, the central bank announced loudly at the weekend.

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