Gold Editorials & Commentary

Natural Money is interest-free money with a holding tax. The maximum interest rate on money and loans is zero and there is a tax on currency. The tax may range from 0.5% to 1% per month. You don't have to pay the holding tax on money lent. This includes bank...

I cannot stress strongly enough the importance of understanding where the markets are currently technically located, with regards to different time frames and which help to guide all my trading and investing decisions.

Gold tends to become a rather dull market as the summer approaches.  Will this year be different? The summer doldrums are caused by seasonal softness in Eastern jewellery demand, but the next major Fed rate hike announcement and commentary is just two weeks away. ...

Moody’s Investors Service downgraded China’s credit rating recently to A1 from Aa3. The rational being that it expects the financial strength of the economy to erode, as GDP growth slows and debt levels continue to pile up. What is Beijing’s response to the slowing...

When we had you on last you commented that you believed the market was pricing in President Trump getting virtually all of his policy agenda pushed through Congress, the tax cuts, repealing Obamacare, and so forth. To say Trump has encountered some resistance in...

Ramadan Kareem rang out across Dubai and the rest of the Muslim World this weekend as the holiest month in the Islamic calendar began. For 29-30 days over a billion Muslims around the world practice sawm (fasting), charity (zakat) and salat (prayer). This period is...

Market Overview: EWT: The Elliott analysts are hanging on to their B-wave pattern – for the time being -- but if the uptrend continues past 2425, they may have to throw in the towel. Cycles: With a new high achieved last week, it is obvious that all three of the...

In Wednesday’s “historic market manipulation setting the stage for catastrophe,” my principal inference was that, per the time old adage, crime never pays.  Perhaps in the short-term; but the longer a scam is perpetrated, the more vulnerable it becomes to its...

The physical gold demand from key consuming nations such as India and China has been strong lately, although Indian demand may wane, according to Commerzbank. Analysts cited a data from the Census and Statistics Department of Hong Kong showing that China imported 74...

It is universally known that there are many, many sundry factors that can affect the price of gold and silver.  To name just a few: Political Environment, Value of the US Dollar and the Euro, Commitment of Traders, Possible Manipulation by the Fed, US Fed Policies...

Speculative gold longs rose and gold shorts covered by a large amount this week. In silver, the action was different as we saw major short-covering but no increase in speculative silver longs. Next week's big events are US jobs data related and investors can expect...

The Dow Jones Index closed the week just a whisker (35.27) from taking out its last all-time high from March 1st of this year.  Looking at the Dow Jones and its step sum below, I expect we’ll see history being made next week, or the week after.

May 17 saw one of the largest drops of the stock market this year.  I believe we will see an even larger drop early next week. There are three distinct reasons apart from the daily MACD failing to make a new high along with the SPX. Firstly, we have Mars in Gemini...

A quiet week for stocks with the exception of Wednesday and Thursday after the Fed said a rate hike should come sooner than later, which increased the likelihood of a June rate hike. Markets, stocks and metals enjoyed this outlook and took off higher, so there...

The latest FOMC minutes suggest that the Fed may start decreasing its balance sheet later this year. There are many unknowns about this process, so we invite you to read our today’s article about the unwinding of the Fed’s balance sheet and find out how it could...

Well!  The market finally gave us the action which the main wave count had called for. That is an impulsive decline in a possible wave '3' grey and a break of that important support line at 1.2865.

Long-term – on major buy signal. Short-term – on buy signals. Gold sector cycle is down. A major consolidation is in progress. We are holding some positions for long-term gains.

I have always considered sales of modern gold and silver bullion coins a bellwether on the general health of the global precious metals market. In reality, though, bullion coin sales comprise only a very small portion of the physical gold and silver markets.

For weeks I’ve been noting that stocks are being driven by a market rig. By way of review, that rig is as follows: 1) Someone slams the VIX lower. 2) This forces risk-parity funds to buy stocks, usually the FANGs or large-cap Tech names (Facebook, Apple, Netflix,...

While the low paper gold and silver prices continue to frustrate some investors, I can tell you that my SRSrocco Report Google Analytics data suggests more of the public is waking up to PRECIOUS METALS INVESTMENT.

It all started pretty harmlessly: in December 2016, after about 12 months of deliberations, the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and the World Gold Council announced a new “Shari’ah Standard on Gold.”

Global markets have steadily been adding renewables such as wind and solar to their energy mix for several years now, but according to a handful of new reports, 2016 might have been the tipping point. Not only did the world add a record level of renewable energy...

Recent news regarding Moody's credit downgrades in China will likely continue to roil the global markets and present multiple unique opportunities for strategic investors. As debt concerns grow throughout some areas of Asia and new US policy efforts shake up some...

The cycle for any commodity follows the same basic patter. When prices are low, production falls. As new supplies diminish, the market tightens and prices move higher. The higher prices incentivize producers to invest in production capacity and increase output....

How the economics of gold and silver can help us understand the challenges facing financial economics and whether we should invest in gold and silver was explored in an inaugural lecture by Professor Brian Lucey, Professor of International Finance and Commodities in...

When we hear commentary on why the gold price has moved, we usually hear of U.S. economic or political factors and a move in the U.S. Dollar. Most times these do not precipitate the buying of physical gold.

As discussed in the James Rickards book “The Road to Ruin” and elsewhere, we know much is currently wrong with our financial world.

There is no doubt that the US dollar looks bad right now after breaking below the bottom rail of its 5 point falling wedge last week. Before I give up totally on the US dollar there is one thing I’m going to look for first. When all else fails I like to go back to...

Today’s action in cable has not offered any more clues to the validity of either wave count shown on the chart. The alternate wave count is just as likely following todays sideways grind. In terms of the action shown in the shaded box, it is possible that is an...

Phoenix, Arizona: Sound money advocates rejoiced yesterday as House Bill 2014 became the law in Arizona. HB 2014, which passed in the Arizona state Senate on May 10th by a margin of 16-13, removes all income taxation of precious metals coins at the state level.