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Gold Editorials & Commentary

August 26, 2015

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+”,...

August 25, 2015

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...

Most people did not expect what happened on Monday morning. The futures traders took the ES down to 1830 with the cash market stabilizing at SPX 1867 in just a few minutes time. Clive Maund gets some kudos here calling for the Dow Industrials to be down a...

I want to take a special look at gold and the dollar this morning to see if we can’t alleviate some of the fears created yesterday by the big move down in mining stocks. As I’ve noted before, it’s not uncommon for big money to try to run stops to enter at the...

As you can see on the attached Daily Gold Chart, it appears that wave *iii* could be complete at the 1167.90. We had a *iii*=2.618*i* projection of 1164.50. We cannot rule the possibility that with all of the market turmoil that wave *iii* will extend and head...

What is currently happening in markets should be no surprise to investors who understand sound money and have been following our risk warnings in the last few years.

Have US stocks entered a bear market? In most assets, MSM (mainstream media) uses a 20% decline as a rule of thumb to define a bear market. While an asset that’s declined 20% might be in a bear market, that rule of thumb is at best a very crude attempt to define...

Gold & Silver Volume, GDX & GDXJ Flags, Key Swing Trades And Key Bull Flags analysis via videos.

With stocks plummeting around the world, it’s clear that gold flunked the safe-haven test. Virtually no one would have predicted that bullion prices would barely budge if the Dow Industrials were to fall more than 2100 points in just three days.

Gold was valuable 3,000 years ago and will be valuable 3,000 years from now. But can you say the same for dollars, euros, yen, or pounds? Gold maintains its value (on average) over centuries. Can you expect similar longevity for debt based fiat currencies that are...

For personal computer users who by choice or circumstance, find themselves using a version of the Microsoft Windows operating software family, a dreaded condition known as the “Blue Screen of Death” (BSoD) is a seldom occurring, yet ever-present possibility.

A big pet peeve of mine is when an article is published talking about a shortage in silver or gold. Recently, we have seen an increase in articles claiming precious metals shortages simply because both the U.S. mint and Royal Canadian Mint ran out of blanks.

As a follow up from yesterday’s A Weekend’s Heads Up, my thoughts were truly an understatement for today’s action! The open was far weaker than I had anticipated, down 1,089 points. This was the biggest point drop in Dow history. The volatility was out of control...

August 24, 2015

We saw an amazing capitulation event in equities these past three sessions. It’s clear that market internals were weak, but no one could have foreseen the degree and rapidity of the selloff. The major US indices have already entered into official corrections (-10...

US Investors are on edge following last week’s and today’s sell-off in stocks around the globe. The carnage impacted equity markets in Asia, Europe, and the U.S.

This week market relationships underwent a sea-change with a sudden realisation that the global economy is in a deepening crisis. Equity valuations in the developed nations are falling sharply and corporate bond spreads are widening, triggering a flight to the...

Gold last week broke above its 50-day moving average as a fresh round of negative news from around the globe rekindled investors’ interest in the yellow metal as a safe haven. The Fear Trade, it seems, is in full force.

Fasten your seat belts, this ride is getting interesting. Last week the Dow Jones Industrial Average was down more than 1,000 points, notching its worst weekly performance in four years. The sell-off took the Dow Jones down more than 10% from its peak valuations,...

It’s been several weeks since our previous article on gold price predictions was published and quite a lot happened since that time, so we believe an update would be appreciated. In today’s articles we’ll do exactly that – we’ll keep you updated on our gold price...

The market’s technical damage of the last week has been severe. The stock market began its near-vertical climb in late 2012. Since that time, the 126-day moving average (DMA) and 280-DMA have served as major lines of support for the bull market.

Friday’s action closed horribly in the US with the Dow Index losing 530 for the day. This broke away from the support level of 17,200-17,300, which will now become overhead resistance. Global equity markets around the world are in crash mode as more than a dozen are...

Gold Fields was the best-performing senior mining stock for the week, up 33.96 percent. CEO Nick Holland said investors are missing the quality of its foreign operations by focusing on delays and higher costs at its domestic projects. The company’s mines in Peru,...

Unlike government supplied statistics, which are always favorably skewed to misrepresent the lies being told, markets do not lie. Not even manipulated ones like the stock market, actually pick almost any market.

Before we look at some weekend charts I just want to second Sir Fullgoldcrown’s Friday night post at the forum. We created Rambus Chartology so we could have a community of like-minded investors who want to learn as well as share what they have experienced in their...

There is an exquisite setup building once again. Tight fundamentals in the gold market apply upwards pressure on the price. For quite a while, we have been saying gold’s fundamental price was around a hundred bucks above the market price. Well, the market price...

August 23, 2015

We are now in the “full on” market crash phase predicted and earlier prepared for on clivemaund.com many weeks in advance – it comes as no surprise to us whatsoever. The purpose of this update is to consider what is likely to happen over the next few days and...

Last week, the dam which had held back a price decline for many weeks, finally broke! That should put an end to the discussion about whether this is just a long-term consolidation, or an intermediate top.

There is an old fallacy on Wall Street that gold is a safe haven during market declines. And, this week, I have heard it again more times than I can count. But, the problem with most people in the market is that they regurgitate sound-bytes, but care little for...

Last week, I wrote that I would share the IMP pattern with you and also more about TLC (Trend Line Convergence) and how it identifies bottoms (or buy points) in the stock market. First, the week in review: the astro Friday was especially bad as the Sun sq.’d Saturn...

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