Gold Editorials & Commentary

Just last week, it appeared that a general rally in commodities was underway. Gold, silver, the base metals and crude oil were all soaring. But now, less than one week later, prices are falling sharply. And why? Blame the HFTs that trade the digital derivative...

One of the main benefits of understanding Elliott Wave analysis is that it places the market into a larger degree objective context from which you can make your major decisions about your investments.

A Member of Congress posed some pointed questions to the Federal Reserve and the U.S. Treasury this week about their activities involving America’s gold reserves, including, apparently, efforts to “drive gold out of the world financial system in favor of the Federal...

Recently, Turkish news publication Ahval published a report stating that during 2017, Turkey withdrew 26.8 tonnes of gold that it had stored in the vaults of the New York Federal Reserve, and moved this gold under the custodianship of the Bank of England and the...

Today we are getting another whiff of what’s wrong in the markets.  Currently, the Dow Jones Index is down over 500 points, and the NASDAQ is off by more than 100 points.  Who knows where the markets will finally end up at the close of trading, but it really doesn’t...

For those that follow me regularly, you will know that I have been tracking a set-up for the SPDR Gold Trust ETF (GLD), which I analyze as a proxy for the gold market. I also believe that gold can outperform the general equity market once we confirm a long-term...

Through my cycle work in the market, there is a current focus on the month of May to end up as our next decent swing low for the Gold market, with several mid-term cycles pinpointing this timeframe for a potential market bottom.

Quick summary: U.S. debt, spending and deficits are out of control. Thinking otherwise is delusional. The “runaway train” of debt creation will end tragically. Protect your assets from a mathematically assured disaster while you can. Buy and hold silver, gold and ...

Your money in your bank account can vanish. That is the lesson from yesterday’s enormous screw-up by Ulster Bank that saw payments and bank account balances suddenly vanish.

A cursory look at Chinese history can convince you that China should not be underestimated when it sets its sights on a particular goal. Even before Mao Zedong took over the reins in 1949, and the first Five Year Plan began in 1953, centuries of history demonstrated...

The thrill of victory and the agony of defeat. Gold investors focused on the Western markets and government debt fear trade tend to feel the same kinds of thrills and agony that professional athletes regularly experience.

Breaking News! North Korea has agreed to denuclearization. Great! But what does it mean for the gold market? And… why is this not true?

The best performing metal this week was palladium, up 4.23 percent on worries over supply issues due to sanctions on Russia. Gold traders are bullish this week on gold prices as ETF holdings backed by gold saw inflows for 12 days straight, according to Bloomberg.

Russia bought another 300,000 troy ounces of gold in March bringing Russia’s total gold reserves to 1,861 tonnes or 60.8 million troy ounces as of the start of April, the central bank announced loudly at the weekend.

Although gold has been acting pretty strong over the last three months, it was not able to breakout through the massive resistance zone between 1,350 USD and 1,375 USD so far! Actually, all that did happen since the top in January was a tricky and confusing sideways...

Since the commodities supercycle began unwinding nearly 10 years ago, many investors have been waiting for the right conditions to trigger mean reversion and lift prices. I believe those conditions are either firmly in place right now or, at the very least, in their...

Further to our ongoing theme of capital destruction, let’s look at a topic which is currently out of favor in the present market correction. Keynes called for pushing the interest rate down near to zero, as a way of killing the savers, whom be believed are...

Current Position of the Market: SPX: Long-term trend – The bull market is continuing with a top expected in the low 3000s. Intermediate trend – The intermediate correction from 2873 should now continue until May. Analysis of the short-term trend is done on a daily...

In February of this year the year-over-year rate of growth in the US True Money Supply, a.k.a. the US monetary inflation rate, was only 2.4%. This was its lowest level since March of 2007 and not far from a multi-decade low. In March of this year, however, the...

Gold exchange traded funds (ETFs) have seen assets increase to £100 billion as investors, including family offices and high net worth (HNWs) investors look to the precious metal to preserve wealth in the face of volatile markets and heightened economic geopolitical...

During the run-up to the 2016 US presidential elections, there was speculation that if Trump were to be elected it would prove beneficial to gold and silver. Their reasons were not very specific and might have been merely hope that any regime change in the US must...

This market is beginning to remind me of boot camp; a “hurry up and wait” market. Waiting for what they’d never tell you, but I will. The bulls are waiting for the Dow Jones to break above last February 26th‘s -3.41% in the BEV chart below, while the bears are...

Long-term – on major buy signal. Short-term – on buy signals.Gold sector cycle is up. COT data is supportive for overall higher metal prices. We are holding gold related ETFs for long-term gain.

Gold remains largely forgotten, off the radars of most investors. But that’s likely to change soon as this leading alternative investment is nearing a major bull breakout. Once gold climbs to decisive new bull-market highs, sentiment will turn and investors’...

This is about as underreported as it gets. A tiny, almost nonsexist report appeared in Trend.az news service on Thursday April 19 announcing that Turkey’s Central Bank had moved 220 tons of gold out of the Federal Reserve System to take possession in Turkey. Trend ...

Gold is gaining momentum after a 5-year consolidation and is set to challenge the 2011 highs sometime next year. Once gold clears $2,000, a powerful bull market should drive the gold price meaningfully higher.

Silver, silver, and silver – that’s all there seems to matter to the more short-term oriented investors. But, there’s so much more that’s going on than just the rally in the white metal! The dynamics in the precious metals market extend well beyond the above and the...

Since the advent of nineteenth century socialism, politicians and economists in the centre ground have argued for a balanced approach, where vital services are provided by the state, and capitalism is left to provide the rest. Vital services in a modern economy are...

There is a famous quote about short-selling that comes from Olde English business folklore that goes something like this: "He who sells what isn't his'n, Must deliver or goes to prison!"

Since Spring is in the air here are some colorful charts and show you where we feel the price of gold and stocks are within the current market cycles. Below are monthly charts of the SP500 index and the price of gold. The first chart shows a pattern that gold formed...