Gold Editorials & Commentary

As we wind up the year, let's first briefly look at where we are and then wrap up with a most very basic concept "it is hoped" you will never see ...until it's too late? Before getting started I would like to apologize to readers as apparently the "political...

US consumer spending rose 0.3 percent in November. What does it mean for the gold market?

As we move into the 5th year of this correction in the metals, I would like to take us back a bit in history before we move forward to our expectations, which should be instructive as to how we will be turning bullish in 2016. I also want to review how we treat...

"We had initially asked to pay interest [in 2006] on reserves for technical reasons. But in 2008, we needed the authority to solve an increasingly serious problem: the risk that our emergency lending, which had the side effect of increasing bank reserves, would lead...

It’s my belief that the gold and silver bull market has been taking a well-deserved respite before it enters the final rally phase, conceivably ending in a speculative mania. Precious metals appreciated significantly into 2011 from their bear market lows of the 1990...

Gold rallied to 1074.30 in the overnight session, before giving almost all of it back. We still would like to see gold hit our 50% retracement level of 1063.80 to complete all of wave ^ii^. We still expect a little more weakness before we blast higher, in the...

We are into the last week of 2015 -- and the markets are still marking time; but there is some promise for the precious metals. Only a whisper of a promise and may not have much more when 2015 runs out on Friday. However, if the promises develop some more during...

Gold mining is a tough business. It has been said that more people became wealthy during the California Gold Rush of 1848-49 by setting up supply shops and hotels to serve prospectors than by actually mining for gold. Indeed in the modern era, there are over a...

Forecasting today’s volatile, high-frequency machine driven and manipulated futures markets using fundamental analysis is futile, as a great many precious metals bulls will attest. To complicate matters, an obsession with Fed policy dominates all markets. Officials...

As suspected, the gains seen last week in both gold and silver ( and copper for that matter) were primarily the result of short covering. My view is that the bulk of this was tied to year-end book squaring ahead of Christmas and the New Year’s holiday.

Most people assume that prices move as a result of changes in the money supply. Instead, let’s look at the effect of changes in interest. To start, consider a hamburger restaurant. Suppose that the average profit in the burger business is ten percent of invested...

We usually focus on the Fed’s actions, but US fiscal policy can also influence the gold market. How will the recent spending bill affect the price of gold? The US Congress has recently passed a $1.8 trillion package of spending and tax cuts. This is a very important...

“Meth” or Methamphetamine is a common recreational drug used, according to Wikipedia, to induce feelings of euphoria, increase sexual desire, and stimulate weight loss, among others.

Christmas is my favorite holiday, as I’m sure it is for many of you reading this. It closes out every year, no matter how good or bad the year was on the whole. We probably all agree that 2015 had more than its fair share of pain and tragedy. But during Christmas,...

Since gold’s 2011 high of $1,920, the gold market entered a brutal bear market that has even worn out the many experienced precious metals investors. There are two questions that seem to be on the minds of investors: “Is the gold correction over?” and “When will...

GDP, employment and inflation are a Holy Trinity of economic indicators. However, reports on consumer activity are also extremely important for the financial markets. It is not surprising: consumers are the ultimate rulers of the economy and their actions affect GDP...

The best-performing precious metal this week was platinum, climbing 3.03 percent. Absent any real market moving news, the lift was likely from short covering as platinum prices have been off as much as 30 percent this year.

One of the most frustrating aspects of today’s financial system is the fact that the Fed is being lead by lifelong academics with no real world banking or business experience. Consider the cases of Ben Bernanke and Janet Yellen.

We wrote in August that the yields on the riskiest junk bonds had been rising. Since then, the situation has worsened. What does the selloff in the high-yield bond market mean for the U.S. economy and the price of gold?

Peter Schiff is Chairman of SchiffGold, CEO and Chief Global Strategist of Euro Pacific Capital, Inc, and host of The Peter Schiff Show. Peter is an economic forecaster and investment advisor influenced by the free-market Austrian School of economics.

There is a well-established reverse relationship between the US dollar and commodity prices. When the US dollar strengthens then commodity prices fall, and vice-versa. The four-and-a-half year slide in commodity prices began in mid-2011 at almost exactly the moment...

The prices of the metals rose a bit this quiet, holiday week. Merry Christmas! Speaking of Christmas, Keith’s brother who is an amateur woodworker of growing skill, gave him this present on Friday.

The SPX’s direction is still unclear -- and it will need a little more time to reveal itself. Another attempt at extending its uptrend appears to have resulted in a failure to make significant progress, indicating that another short term pull-back may be imminent...

Since it is still the Holiday Season, I am making this article brief. The SPX is at the 16 TD top +/- 3 TD as of Christmas Eve. There is an 8 TD top due Dec 30 +/- 2 TD’s with the moon in Leo/Virgo on the 29th. On the 29th, Mercury squares Mars, and again this will...

'Tis quite the question, that title, with but four trading days in the balance for 2015. Of late, Gold is giving -- the appearance anyway -- of at least basing for year's end into which we are racing. To say nothing of the fact 'tis been better than three years now...

Technical Analysis Of The Markets via videos.

Gold sector is on major sell signal. Cycle is down. A recovery is in progress but condition continues to be very choppy. Silver is on a long-term sell signal and investors should be in cash or short. Short-term is on buy signal. Nimble traders can play for a bounce...

The good news is: The market has been following the average seasonal pattern which remains positive. The negatives: The numbers do not mean much. This is the time of the year when the market usually drifts upward on low volume and that is what it has been doing...

Yesterday we closed out a nice winning trade in XLE energy sector. If you have not yet closed the trade, you should do so today and will be locking an even larger gain of 4-5% return in only three days.

The stock-market outlook in 2016 is riddled with great uncertainty following the Fed ending its 7-year-old zero-interest-rate policy. With the first rate-hike cycle in nearly a decade just getting underway, traders are anxiously wondering how it will impact the...