Gold Editorials & Commentary

Unfortunately, it doesn’t really matter which party wins the presidential election as neither one will be unable to stop the coming MOTHER OF ALL DEFLATIONS. While it is frustrating to watch just how insane this presidential race has disintegrated into, I try to...

Over the past few years there has been a lot of irrational fear-mongering within the gold commentariat regarding the potential for the COMEX to default due to having insufficient physical gold in its coffers. I most recently addressed this topic in a post on 6th May...

The best performing precious metal for the week was silver, up 3.69 percent. Weakness in the U.S. dollar began to materialize this week, benefiting the precious metals sector. With polls increasingly tight ahead of the U.S. elections on November 8, gold’s upside...

Since most everyone is focused on the upcoming US elections, many investors may not have had the time to peel back the onion on the third quarter US GDP report. So, if you just glanced at the headline GDP number of a 2.9% annualized growth rate, you may have...

The biggest problem for the financial markets is not stocks nor is it the economy. It’s the Bond Bubble. Globally the bond bubble is now over $199 trillion in size. The world taken as a whole is sporting a Debt to GDP ratio of over 250%. This is a systemic issue.

Money printing and debt is just the most beautiful scheme invented by governments to make ends meet and give the people whatever they want. In this perfect system, it makes not the slightest difference if the budget doesn’t balance.

The market has been very readable since before Brexit. It was over bearish and due for a post-Brexit rally check. It was due for a drop to test major support check, but amid last week’s highly broadcast 9 straight down days and the renewed Clinton email scare, it...

Last week the prices of the metals, as measured in terms of the much-abused and much-hated but much-preferred US dollar, went up. +$28 and +0.66 respectively. That’s a pretty big deal. So big, in fact, that a prominent voice for the use of gold as money tweeted...

The SPX is approaching a minimum projection point for the correction in both price and time, which could come as early as this Tuesday in conjunction with the bottoming of a minor cycle. If this proves to be only an initial low, a deeper retracement should take...

We were graced this past week from a visit by a great friend/charter reader of The Gold Update. I excitedly grabbed the nearest node on the residence's network of devices, and with a swipe, double-tap and turn of the unit in our guest's direction, said: "Look at...

Strangely, speculative shorts covered a much greater number of contracts than longs bought during the COT week. That tells us that traders are not picking sides for this election but are instead paring down risk. We believe investors should do the same and keep core...

We started the week with stocks acting poorly. Consequently, the poor action morphed into some solid weakness as the S&P500 nears its major support level at the 200-day moving average. Needless to say we are into very oversold territory. And although a bounce is...

Gold sector is on a major buy signal. Cycle is down. COT data is supportive of overall higher prices, but short-term volatility remains with the election this week. Silver is on a long-term buy signal. Short-term is on buy signal. Silver is more volatile than gold,...

Most of us consider this year’s presidential election as the wildest and most unpredictable we’ve ever seen, but you wouldn’t know it by looking at the markets. Gold and silver spent most of the past three weeks going nowhere fast. Between Oct. 6th and Oct. 27th...

Now is a good night to post one of the ratio combo charts we’ve been following for a very long time, which compares the TLT:GLD ratio to the GLD. Below the ratio chart is a ten year weekly bar chart for GLD. There are many ways to analyze a ratio combo chart like...

The payrolls report came in pretty much as expected - and thus seems to be a non-event for the most part. The Dollar is slightly weaker, bonds are higher, oil is lower and gold is a tad higher. Mining shares are showing weakness today. I honestly do not think we are...

The gold stocks continue to correct their epic +150% rebound that began in January and ran into the summer. Last week it was the poor relative strength in the miners that hinted the correction had more to go in both time and price. This week, it was the miners...

Technical Analysis of The Markets Via Videos.

With 2016’s contentious US presidential election just days away now, traders are still trying to game the outcome of this tightening race. With a Hillary Clinton victory long priced in, the mounting odds Donald Trump will prevail have big implications for major...

Despite the popularity of doing so, subtracting the percentage change in the CPI or some other price index from the current nominal interest rate will not result in a realistic or reasonable estimate of the current ‘real’ interest rate.

The Bank of Japan announced in September a cocktail of new monetary policy measures, called “QQE with Yield Curve Control”. Let’s analyze these innovations in detail and discuss their potential implications for the gold market. As we have already noted in the Gold...

Gold Will Win US Election. Gold could rise to at least 8% following election. Trump victory will push gold up 10%. Uncertainty pre and post-election likely to support the gold price. Election jitters are one of several drivers for the gold price. Trump win will...

Many know that the economy is not good. Fact is, the economic issues actually began in 2000 and have only been made worse. The world economy is in a systemic crisis - and I am going to show you the stock market bubble that has resulted from the attempts to...

As markets go the London Gold Market has to be one of the oldest and most unchallenged markets there is. With its roots in the 17th century it has been through a series of makeovers but for much of the last century the OTC market has hardly changed.

Tonight I would like to look at some gold charts as it has been showing some relative strength since October. We can even go back to February of this year which shows a possible big diamond consolidation pattern building out. Regardless of whatever trading...

A week ago it looked like the US government was destined to end up firmly – maybe even more firmly — in the hands of the banks, public sector unions and defense contractors. Trump was imploding and the markets were basking in the prospect of never-ending liquidity...

Last year saw a record number of mergers and acquisitions (M&As), altogether valued at a monumental $4.78 trillion worldwide. Since then, M&A activity has sharply declined overall, with deals limited mostly to larger, multinational corporations. According to...

I live in Dubai where Diwali has been the focus for many this weekend. With Diwali comes not just fantastic light displays and celebrations but also huge adverts for Hindus to buy gold for their loved ones in India and throughout the world.

It just doesn’t matter much whether Hillary Clinton or Donald Trump wins the election, at least in terms of gold and silver market fundamentals. That said, the contest itself is signaling something important precious metals investors should be watching intently.

There’s a rising tide of discontent sweeping over America, just as it has in Western Europe, most of South America and the Middle East – which shortly, will consume China, Japan, and the rest of the world. In some cases, it’s due to actual, specific crises – as in...