Gold Editorials & Commentary

A week ago we presented a graphic depiction of Gold falling $19/oz. in four seconds. Yesterday (Friday) Gold gained $7/oz. in one second, the instantaneous move from 1348 to 1355 in turn gutting the glutinous glorification of the stock market, arguably ruining pre-...

It is the dog days of summer. The metals are trading below their recent highs, while the miners continue to be on the cusp of their next leg higher. In any event we remain bullish as we expect the next big move to be higher not lower. One reason among many is that...

Year after year after year the Military Industrial Complex [MIC], economic war and massive amounts of newly created debt have the common purpose of protecting the Federal Reserve fiat Ponzi scheme to preserve the failing dollar as the world’s reserve currency....

Gold sector is on a new major buy signal. Cycle is now down. Investors stay patient and wait for a correction, then cost average in at the next cycle bottom. Silver is on a long-term buy signal. Short-term is on sell signal. Silver is vulnerable to a multi-week...

If the Economy were a car, productivity would be the engine. Heated seats, on-demand 4-wheel drive and light-sensitive tinted windshields, are all very nice. But they mean little if the engine doesn't turn and the car just sits in the driveway. The latest...

Technical Analysis of The Markets Via Videos.

Gold stocks’ new bull market this year has already proven breathtaking. This obscure sector has nearly tripled within a matter of months, yielding immense profits for the smart contrarians who bought in low. But after such a blistering surge, what’s going to fuel...

Every child knows Olympic gold medals are for first place, silver for second and bronze for third. But where does this tradition come from? Like most everything else relating to the Olympics, we can trace the tradition back to the ancient Greeks, who assigned metals...

It is summer slack season with no FOMC meeting in August…and so into the void go our friends in the mainstream media (MSM) with all sorts of noise to distract investors. Here’s one that was anticipated.

Gold buying surged to record levels in H1, 2016 due to increasing concerns about the political, economic and monetary outlook. In particular, there are deepening concerns about the negative interest rate money “madness” of central banks today.

Gold and gold miners are finally having a huge rebound after five years of a brutal bear market. Moreover, we are having a spectacular year so far. Recently gold and silver are shaking off the potential summer weakness. We have been seeing very weak physical demand...

One of my regular readers has raised the important subject of Say’s Law, the denial of which both Keynesian and modern monetarists are emphatic. They need this fundamental axiom to be untrue to justify state stimulation of aggregate demand. Either Say’s Law is right...

The ABC pattern shown is ugly enough to be useful, especially since it has already gifted us with a ‘counterintuitive’ buy signal at the green line that could have been worth as much as $900 per contract if traded. All of the ‘external’ peaks on the hourly chart...

Gold investment demand surged to a record in the first half of 2016. It overtook the previous high seen during the 2009 financial crisis on a “perfect storm” -- according to the ‘Gold Demand Trends Q2 2016’ report which was released by the World Gold Council today...

Let’s start off by taking an in depth look at the INDU as a proxy for the other US stock markets. A year ago this month the INDU put in an important low, which has held support. A very strong rally ensued which took the INDU up to the 17,975 area where it topped out...

When I conceived of creating an RRSP-eligible, open-end mutual fund that held precious metals without compromising the fundamental attributes of the metals, I thought that such a fund would be embraced by mining company executives, financial advisors, institutions...

The US and world are heading toward an accelerated breakdown of their economic and financial markets. Unfortunately, the overwhelming majority of analysts fail to understand the root cause of this impending calamity. This is also true for the majority of precious...

“Give me control of a nation’s money and I care not who makes its laws.” Supposedly, this is a quote from Mayer Amschel Bauer Rothschild. Ignore the distinct possibility that he did not make this statement, but let’s assume the concept, if not the quote is accurate...

Let’s turn our attention to the global economy. Last week the Bank of England said it would buy 60 billion pounds of government debt in order to cushion the economy against the impact of the recent Brexit vote. England and the European Union are emulating the...

Gold has long been seen as a safe-haven, a place for investors to put their money in times of economic uncertainty and volatility. The year 2016 appears very much to be one of those times…with both prices and demand for gold rising since the start of the year. The...

‘Peak Gold’ is happening which has important ramifications for the gold market and is another long term positive fundamental. This is why we were one of the first analysts to consider the peak gold phenomenon back in 2007 and 2008 and have considered peak gold...

The chart below shows an alternative wave count to the one I proposed earlier this week. At this juncture (8/9/16), we have made a new high at 2187. The daily Stochastics is not confirming this new high - and the top looks irregular along with a tight Bollinger...

Last weekend, I prepared you for the potential set up for the 3rd wave to much higher levels in the metals complex. More specifically, I provided you with a map as to how the 3rd wave set up would look on the GDX, should the market comply by filling in our 8 minute...

The Financial Times published an interesting article today in which author Diego Parrilla, investment expert and precious metals specialist, outlines the positive case for gold -- and why the gains seen this year are just the beginning of a new gold bull market:

The monthly US employment reports have no relevance except for their influence on the Fed and market expectations regarding future Fed actions. The moderately strong employment data reported last Friday, for example, provides no information about the current or...

Negative interest rates are an existential threat for insurance companies, pension funds and other financial entities that need positive investment returns to survive. As rates on government bonds have gone negative in Europe and Japan, the above companies have been...

What is the real interest rate? It is the nominal rate minus the inflation rate. This is a problematic idea. Let’s drill deeper into what they mean by inflation.

Precious metals prices recently fell sharply on renewed concerns the Federal Reserve will be raising interest rates sometime this fall. Friday’s jobs report painted a picture of healthy growth, fostering a new round of speculation that Janet Yellen and the FOMC will...

Gold price bulls and bears may all be getting a bit frustrated now, as gold refuses to follow their predicted paths…and simply meanders sideways.

Central bankers are declaring war on cash for one reason only; they want to punish savers and reward speculators and in the process destroy the middle-class. The only way to maintain the illusion that all is well is to get the average Joe to embrace this illusory...