Gold Editorials & Commentary

The hot topic in monetary economics today (hah, if it’s not an oxymoron to say these terms together!) is whither interest rates. The Fed in its recent statement said the risk is balanced (the debunked notion of a tradeoff between unemployment and rising consumer...

The best performing metal this week was silver, up 0.14 percent. Gold traders were back to bullish this week after gold bounced off its 200-day moving average after dropping to its lowest since December on Tuesday, according to the Bloomberg weekly survey of traders...

Well, everyone else has been calling for a market crash, so I thought maybe I should too. But, while I think the market will likely crash again, I don’t think it is going to happen just yet, as I still believe this bull market has several more years to run.

The switch from Central bank gold sales to purchases had a big impact on the gold market.  Precious metals investors fail to realize that Central banks sold a staggering amount of gold into the market up until 2009.  It’s also quite interesting that Central banks...

The past few months have seen some unusual, maybe even unique, developments in the gold and silver futures markets, with gold becoming extremely bearish and silver almost ridiculously bullish.

SPX is approaching the end of its correction which is deemed to be in about two weeks. There are two possible targets for the final low: one which would slightly exceed the former low of 1553, and the other which would find support at a higher level.

Gold in US dollar terms ended the week down 0.75%. Gold’s decline was likely primarily due to a stronger US Dollar Index (USDX) which was up 1.1%. Gold rose after the worse than expected non farm payrolls on Friday before reversing the gains and then bouncign to...

Rhetorical questions, by rationale, are rooted in truth. We all know some of the classics: "Does a bear relieve itself in the woods?" "Do politicians do different from that which they promise?" "Is the stock market going to crash?" "Are the Cleveland Browns a bad...

The Dow Jones Index on Wednesday broke down to double digits in the BEV chart below (-10.11% / 23,924). I was wondering if this was the week the Dow Jones was going to take out its -11.58% (23,533) from March 23rd. But Friday came leaving the Dow at -8.84% / 24,262...

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. Speculation is in bull market values. A closer look at current COT data reveals that speculation is now at levels of...

In interviews, whenever I try to make the case that US policies are leading to the kinds of currency disruptions common in developing countries, I say something like, “For a glimpse of America’s future, take a look at Argentina, where they’re eating cats and dogs...

It is my privilege now to welcome in Greg Weldon, CEO and President of Weldon Financial. Greg has over three decades of market research and trading experiencing, specializing in the metals and commodity markets and even authored a book in 2006 titled, Gold Trading...

Here are today's videos and charts

Gold was enjoying a solid spring rally until a couple weeks ago, nearing major upside breakouts. But its nice advance has crumbled since, really weighing on sentiment. Gold fell victim to a rare major short squeeze in US Dollar Index futures. The surging USDX...

Since early 2016 we have been carrying forward a theme illustrating that until the macro trends in place since 2011 change, the situation would be as is, stocks trending up and the precious metals in consolidation/correction. The current trends were kicked off...

Thanks to the Fed and Central bank intervention, sales of Gold and Silver Eagle sales declined sharply over the past year.  Yes, it’s true… precious metals investors have lost interest in gold and silver as the stocks, real estate, and crypto markets reached new...

Another month passes and another hundred thousand ounces (3.11 tons) of physical gold get added to the Kazakhstan gold reserve vault. Each month this nation makes another deposit of physical gold and each month the vast majority of media completely ignores it. Not...

The price of gold has been feeling the pressure lately from a stronger U.S. dollar, which is at a four-month high, and rising Treasury yields. Nevertheless, the yellow metal eked out a positive March quarter, returning close to 1.3 percent, while the S&P 500...

The cost to the US government of borrowing money for a decade came within sniffing distance of 3% yesterday.

Our recent analysis of the US Dollar has presented a very unique and interesting setup for traders – an opportunity for a general commodity rally with Oil leading the way.

I wanted to take a moment to alert everyone to a price cycle setup that may turn out to be one of the most dramatic price moves we've seen since 2008. The metals markets have recently made some news by breaking to new recent price highs. This price move prompted a...

The Global Currency RESET has 100 steps and the first 10-12 appear complete. This is not a fantasy, but very real and in progress. Its progress is not very visible to most observers. Some important steps are seeing tremendous progress, but they are executed in the...

Apparently there’s gold in them there trash cans!! At least in South Korea. It seems a janitor was doing his daily routing when he lifted an unusually heavy bin of refuse. Upon further investigation, the janitor who wishes to remain anonymous (can’t blame him!!),...

Since roughly the middle of January of this year we’ve seen some big changes in character taking place in many different areas of the markets. After nearly two years of low volatility, which is much easier to take, volatility has come back with a vengeance and doesn...

For me, the greatest asset my dog Fido, a German Rottweiler and French Poodle mix, is his uncanny ability to sense when the gold and silver markets are going to turn. Whenever gold runs into its generally accepted waves of interventionalist price "management" (...

Gold demand globally -7% in Q1, 2018 – Gold Demand Trends (WGC). – Gold ETF demand fell sharply year on year from very high levels but had 5th consecutive quarter of inflows. – Investment demand was strong in the US where ETF holdings rose another 32.4 tonnes as “...

If you’re reading this, you must have pondered why the gold price has been dropping. All the macro conditions should be pushing the gold price higher. International risks and the very real prospect of trade wars between the U.S. and its closest allies—as well as the...

On the holodeck the markets are telling us something…but we know not what. "John Locke, the British philosopher whose ideas fueled the American Revolution, had a theory of knowledge and perception, which I always found annoying. Asked if we have an idea of the...

It appears we are seeing another sign of the frequency shift. Over the past few weeks we have been speaking more about this shift in terms of spirituality and and community, but today we see it manifesting in a whole other area.

I have tried to explain this concept many times before but never had a chart to do it with.  Please note the start date of the chart is 1971, this is not by any coincidence as that was the year the U.S. dollar became fully fiat and backed by nothing but "faith".