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Gold Editorials & Commentary

October 5, 2018

Scanning the Indicators - Each morning I scan a wide range of technical indicators covering the major exchanges in the US, Canada and the UK. As the markets ebb and flow, a range of bullish and bearish technical indicators provide valuable data for investors...

October 4, 2018

It has been a long while since the last Amigos update because frankly if the characters, images and shticks I invent to portray market status begin to wear on me sometimes I have to believe they may do the same to you. Consider that the 3 Amigos, SPX/Gold Ratio, ...

Is Italy the new Greece? Let’s read out today’s article and find out what does the newest Italian turmoil imply for the gold market.

Gold rallied, silver rallied, and mining stocks rallied. That’s how one can summarize yesterday’s session. The volume was huge, so it appears that a major upswing has just begun. But is this really the case? As always, just because things look encouraging and the...

– London, Dublin, Sydney, Vancouver and Hong Kong housing prices fall … – Property bubbles in many cities internationally according to ‘Economist’, UBS & others. – UBS found that six of the world’s largest cities are now subject to massive speculative housing...

Recently, I read an article which stated that quantitative tightening is the “death knell” to the stock market. Can this be true? So, allow me to show you why this is just another market fallacy which has been propagated by market analysts and the general media, and...

October 3, 2018

You have a headache. Treat with Advil. Well… maybe. The headache is the symptom. The cause might be tight neck muscles, brain tumor or something else. Advil relieves pain and diminishes inflammation, but it won’t fix a brain tumor and will do little to loosen neck...

Today’s contribution in our ongoing series on commodities prices and economic metrics is a study of the relationship between the price of gold and the TSX Venture Exchange (TSXV). The TSXV is the world’s foremost venture capital marketplace for emerging nanocap...

Sales of gold products by the Perth Mint surged in September to their highest since January 2017, while silver sales more than doubled from August to mark an over two-year peak, boosted by lower bullion prices, the mint said on Wednesday.

October 2, 2018

Once again the COT report from last Tuesday has revealed continued pressure on the already taut firing pins of the gold and silver markets with more shorts added by the Large Spec algobots and more longs/fewer shorts reported by the Commercials largely represented...

Over the last few days, the two most important people in the world held press conferences. What did they say and how can these remarks affect the gold market?

The evidence continues to mount proving the work that GATA has performed for the past two decades is, not only 100% accurate, but shows how much a part of world gold actually plays. Don’t think for a minute that gold is not part of our monetary system. If it weren’t...

We’ve spent our entire lives in a massive economic anomaly. – A growing population gave us fiat money and an exceptionally inflationary five decades. – We’ve unleashed the fiat currency genie from the bottle.

The final week of September was quite interesting because the overcrowded bull train utilized a common traffic management strategy in order kick off some passengers with a classic shakefest/brake check. As we noted in last week's article, the bull train was getting...

October 1, 2018

Get ready, gold bulls: The precious metal could be close to finding a bottom. The price of gold fell back below $1,200 an ounce again last week as the U.S. dollar advanced following another federal funds rate hike. The precious metal logged its sixth straight month...

Investors are experiencing huge moves in commodities, currencies, equities and in sovereign debt across the globe. And now the fall has arrived. Expect the volatility currently witnessed in markets to only surge.

The best performing metal this week was silver, up 2.89 percent as traders loaded up on almost 10 million ounces in a span of one minute on Friday. Gold traders and analysts are bullish on the yellow metal for a sixth straight week, as measured by Bloomberg’s weekly...

Sometimes, one just needs to look in the right place. And often in those cases, it just takes a conversation to alert one where to look. We had a call with a Swiss company this week, to discuss gold financing for their business. They reminded us that there is a...

When Italy elected a bunch of rowdy populists back in March, the rest of the eurozone assumed (or at least hoped) that the weight of responsibility would bring Rome back into line. But so far the Italians appear to be serious about ending austerity and forcing the...

Last week, my forecast was for a dollar rally, (which we are in the midst of) a drop in the mining indexes into around Oct 4/8 (going down since Tuesday) and a top on Sept 21 on the SPX and down into around Oct 8th.

September 30, 2018

There are two schools of thought right now…and both sides are firmly convinced they are correct. The bullish case: Gold started a new cyclical bull market in late 2015. The bearish case: The bounce out of the 2015 bottom was just a counter trend bear market rally,...

Since early this month, I have mentioned that we were entering the weakest season of the year -- one which is often characterized by a correction, sometimes severe.  Below is a chart of the DJIA seasonality. 

To open on a "yours truly" note, there was Switzerland long before Monaco entered our lives. 'Tis just that the latter's climate, locale and cosmopolitan culture supplanted for us that of the former's stoicity, moreover near-reverent sanctuary of logic and exquisite...

Last week the Dow Jones Index saw new all-time highs on Thursday and Friday, but this week it saw none, closing the week -1.07% from last week’s close.  Is this the pause that refreshes?  It very well could be, and then maybe not.

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week's precious metals news coupled with thoughtful analysis.

September 29, 2018

We did an interview with Rory from The Daily Coin, last week, and we mentioned how crypto currencies could be problematic for gold and silver. Their existence could replace the massive fiat debt and preclude any reason for gold and silver to rally.  You can find the...

Our proprietary cycle indicator is now up. Long-term – on major sell signal. Short-term – on buy signals. Gold sector cycle is up. A potential bottoming pattern is in progress.

September 28, 2018

Here is a question for any and all of you that have ever purchased a lottery ticket or played the slots or bet on a horse: If you had proof that the outcomes were all rigged, would you still play? If someone showed you a video of pit bosses stacking decks or...

The Federal Reserve’s unprecedented quantitative-tightening campaign is finally ramping to its full-steam speed in Q4.  That will destroy $50b per month of quantitative-easing money created out of thin air!  QT will need to maintain this terminal pace for over two...

Sometimes things that are obvious truths can appear before us that we have trouble seeing; along the lines of being too close to the trees to see the forest. It’s not that we can’t see what’s directly in front of us, but rather that we just can’t put what we see...

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