Gold Editorials & Commentary

The stock market has generated an official confirmed Hindenburg Omen stock market crash warning signal as of May 20th, 2019. While it only takes two observations for an official Hindenburg Omen, this one so far has five observations, the most recent coming on May...

…when the stock market’s decade-long bottom trend becomes its new top trend and then it can’t even make it back up to that line as a top trend. We’re sloughing away now, and it can be a long slide to the bottom or endless side-winding of big ups and downs that go...

We are just a few weeks from breaking the record. If the current US economic expansion lasts until July 2019, it will reach 121 months, becoming the longest ever. The extended duration of the prosperity begs the question of when the next downturn will occur. We...

First off, a wish to all readers for a happy Memorial Day weekend as we remember loved ones lost in battle and otherwise. Memorial is not a US thing, it’s an everybody thing. Today we take a look at various markets and assets using daily charts of the associated...

Our proprietary cycle indicator is down. Gold sector is on major buy signal. GLD is on short-term buy signal. GDX is on short-term buy signal. XGD.to is on short-term buy signal.

It is my privilege now to welcome in Gerald Celente, publisher of the renowned Trends Journal. Mr. Celente is perhaps the most well-known trends forecaster in the world and a regular guest on many financial programs, including right here on the Money Metals Podcast...

With great apology, I am late with this week's missive largely due to the arrival of boating season and the fierce need to secure a new vehicle, which should have taken (only) two days but didn't.

Here are today's videos and charts.

The FAANGs and a few other ‘lunatic’ stocks favored by institutional buyers have deservedly been getting thrashed, but it looks like the pain is unlikely to abate any time soon. My downside targets in two key stocks, GOOG and AMZN, are well below current levels,...

The mid-tier gold miners’ stocks in the sweet spot for price-appreciation potential have been struggling in recent months, grinding lower with gold.  Their strong early-year momentum has been sapped by recent stock-market euphoria.  But gold-mining stocks are more...

The Fed released the minutes from its last meeting. What are the Fed’s views on the economy, global risks and inflation? What do the learnings imply for the US monetary policy and in turn, the gold market?

Gold is a safe haven asset that market participants tend to flock to during periods of fear, uncertainty, and inflation. The yellow metal is both a commodity and a financial asset, making it unique. Along with its many industrial and ornamental uses, gold serves as...

I have written many times about how the Fed follows the market and does not lead it.  And, we are about to see yet another example of history’s lessons.

Jim Grant is an old-school observer of this economic age and one of its most brilliant commentators. Following is the speech he gave in accepting the 2019 Bradley Prize, which recognizes those who have helped further the principles and institutions of American...

Pound extends fall as support for Theresa May evaporates. Gold ends modestly higher, edges up further in electronic trade after Fed minutes. Fed minutes: No rate moves are coming ‘for some time’ even if the economy improves.

Gold and silver declined a bit yesterday, but mining stocks reversed and closed the session higher. It seems that the miners showed strength, especially that they formed a bullish reversal candlestick. But did they? The reversal candlesticks should be confirmed by...

The incredible strength of the US Dollar over the past 12+ months has put downward pricing pressure on Gold and Silver.  I believe this downward pricing pressure could be muting any upside price advanced in Gold and Silver by as much as 20% to 30% or more.

How many times have you heard “You can’t eat gold” as a reason NOT to own gold? It is nonsense. You can’t eat gold either during good times or after an economic collapse, but neither can you eat dollar bills, euros, bolivars or hundreds of other devaluing paper...

That this is even a question reveals the intellectual laziness of those who ask. However, since this is coming up with regularity again, here's another post on the subject. First, a summary of recent admissions and convictions against The Banks:

While all the focus is on Brexit, the UK faces a debt and currency crisis. UK has over $8T in external debt: 2nd largest debtor in the world after the U.S. True UK government debt exceeds £5 trillion as pension liabilities not in official numbers

Less than 1% of foreign exchange transactions are made for trading goods and services. More than 80% are made for exchange rate speculation. Every three days an entire year's worth of the European Union's GDP of € 13 trillion is traded in the foreign exchange...

In May, the WGC published a new edition of its quarterly report on gold demand. It features interesting data about the changes in gold demand and supply. What does the Gold Demand Trends Q1 2019 say about the gold market in the first quarter of the year? How will...

“Buy in July to watch your gold stocks fly!”  That’s a time-tested mantra from “Goldlion”, who picks the junior mining stocks for my Graceland Juniors newsletter.

The best performing precious metal this week was gold, down 0.65 percent. Gold bulls regained the upper hand this week in the Bloomberg survey of traders and analysts, as investors weigh U.S.-China trade tensions and the outlook for global growth. Bloomberg reports...

Federal Reserve officials like to pretend they can use interest rates like a motorcycle throttle on the U.S. economy. They can either rev things up by dropping interest rates or slow things down by moving rates higher.

After starting up strongly early in Fridays trading session the SP500 ending up giving back all of those early gains. In the overnight session the SP500 Futures are down about 21 points.

The increasingly tense relationship between the world’s two largest economies continues to be defined by impasses in the trade policy discussion between Chinese President Xi Jinping and U.S. President Donald Trump.  Within the equities markets, the effects of these...

In our continued effort to help skilled traders/investors understand the future risks associated with geopolitical market turmoil, the EU Elections next week and the continued US/China trade war, this Part III of our Sector Rotation article will highlight certain...

The last few trading days in gold were quite interesting, but overall gold has been a quite boring market in the last couple of months. Gold’s volatility index dropped to new lows as the current back and forth movement is just a small part of the same kind of...

Stocks retraced some of their short-term rebound on Friday, as investors’ sentiment worsened once again. The S&P 500 index bounced off the nearest important resistance level of around 2,890-2,900. Will stocks resume their downtrend?