Gold Editorials & Commentary

If you've been following our research long enough, you'll remember that we often discuss Fibonacci Price Theory and how we use it to try to identify opportunities and trends in the markets.  The basic premise of Fibonacci Price Theory is that price is always seeking...

Let me help remove the rose-colored glasses for anyone who still thinks GDP this year is good. First, GDP growth in the first quarter was not “great” as I’ve heard some claiming. It was, by US historical standards, a little lower than mediocre.

The world has truly entered uncharted waters with negative interest rates spreading so far and wide. Frank Holmes, CEO of US Global Investors, recently noted that a whopping 25% of all bonds sold globally now carry a negative yield. “Investors” are even buying some...

Last week’s 800-point drop in the Dow Jones Industrials made it clear that we are in an extended, ongoing correction. Despite a strong rally at the end of the week which is most likely a counter-trend rally, we should not see the end of the corrective process until...

The United States is the strongest, most prosperous country on the planet. This has been made possible only by free markets and the rule of law. But even the U.S. is not immune to the unintended consequences of well-intentioned policies. I believe gold is a rational...

At a shopping mall recently, we observed an interesting deal at Sketchers. If you buy two pairs of shoes, the second is 30% off. Sketchers has long offered deals like this (sometimes 50% off). This is a sign of deflation.

The second week of August was pretty simple as the market followed our expectations from the previous weekend report. If you recall, the market chose to follow scenario 1 on the daily chart timeframe by backtesting into the 2858-2836 zone on the Emini S&P 500 (...

Bullish respondents say the turmoil in global equity and bond markets is strengthening the investment case for gold. Silver is also rallying alongside gold on recession fears

Michael Jordan is no longer the key NBA player, Britney Spears and Backstreet Boys are no longer winning in the top charts, and the new movie hits are not about gigantic cruising ships crashing into icebergs (Leonardo DiCaprio continues to enjoy his fame, though),...

Last week we wrote that near-term risk in precious metals (gold and GDX especially) was rising and a correction could begin soon. As gold nearly reached major resistance at $1550/oz, the miners already began to correct. That negative divergence is an ominous signal...

This time is different. This is what the experts say. The inversion of the yield curve did a great job in predicting recessions in the past, but the current inversion is not like the previous. The predictive power of the yield curve has weakened, so it does not...

Large precious metals speculators slightly lowered their bullish net positions in the Gold futures markets this week after a streak of strong gains, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC)...

There's something about Tuesdays. Twelve Tuesdays ago, Gold was trading in the 1200s: 'twas late May. Eight Tuesdays ago whilst quietly ensconced pre-dawn inside L'Aéroport Nice Côte d'Azur's Terminal II, we penned on the website's daily commentary page "...Gold has...

The Dow Jones Index closed the week down 5.38% from its last all-time high of July 15th, a month ago. But looking at the Dow Jones as Mr Bear does in the BEV chart below, with every new all-time high registered as a 0.0%, or BEV Zero, and all other daily closings as...

Negative yields are becoming common for many of the world's most mature economies.  The process of extending negative yields within these economies suggests that safety is more important than returns and that central banks realize that growth and increases in GDP...

Negative interest rates are coming. And they may be here to stay. There is a reason why that might be so. To explain the situation I make use of simplification for clarity's sake. Basically this is a tale of two opposing economic forces: capitalist spirit versus...

Long-term – on major buy signal. Short-term – on mixed signals. Gold sector cycle is up. COT data is at levels of previous tops. Stay focused on the long term and stay the course. 

It is my privilege now to welcome back Gordon Chang, author, television pundit and columnist. Gordon is a frequent guest on Fox News, CNBC and CNN among others, and is one of the foremost experts on Asian economics and geopolitics, having written books on the...

The major gold miners’ stocks have soared in recent months, fueled by gold’s decisive breakout to new bull-market highs.  Nothing motivates traders like performance, so interest in this long-neglected sector has exploded.  While gold stocks’ technicals and sentiment...

In this interview Max Keiser and Egon von Greyerz discuss the enormous pressures in the financial system and the coming stampede into gold.

Amazing isn’t it? It was only back in H2 2018 when everybody but you (because you are as smart as I think you are or because you read NFTRH) and me was unbelievably bearish about the TREASURY BOND BEAR MARKET!!!

The wider economic, monetary and geopolitical backdrop will support safe haven assets and investors without an allocation to the precious metal should cost average into physical gold

We have heard from so many of our followers and members regarding our precious metals calls and research articles.  Additionally, many of our members and followers have recently asked us about our August 19 breakdown prediction for the US/Global markets.  In this...

The yield curve inversion just got more pronounced. Not only the spread between 10-year and 3-month Treasuries, now also the spread between 10-year and 2-year turned negative. That sends a warning signal about the state of the real economy. About a recession on the...

We tend to think of a nation’s accounts as being split between government and the private sector. It is for this reason that key tests of a nation’s economic sustainability and prospects for the currency are measures such as a government’s share of a nation’s...

A chart showing gold prices over a 10 year period.

* Gold is 0.8% higher to $15,14/oz and silver is 1.24% higher to $17.20/oz * Gold has consolidated just over the $1,500 level finding support after mor poor economic data from China and Germany raised fears of a global recession

As global interest plummets to historically negative levels—and as the U.S. bond market reveals a deeply inverted yield curve—it's time again to assess what all of this means for the precious metals investor.

It appears that the two steps forward, one step backwards approach of mainland China isn’t working as Hong Kong citizens are protesting again. The increasingly violent protests have plunged Chinese-ruled Hong Kong into its most serious crisis in decades, and the...

The only better-looking chart than gold right now is… silver! Years ago, I coined the term “flagification” to describe the formation of multiple flags on the gold and silver charts.