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Gold Editorials & Commentary

December 3, 2015

Never before in history have all the governments of the world laid down the foundation for the perfect economic storm. And in this just-released presentation from Mike Maloney, you’ll discover why we cannot avoid it. It was recorded LIVE at the 2015 Silver Summit...

Occasionally I receive emails from discouraged investors who are ready to give up on gold and silver. Some invested in 2010…and again in 2011 as prices were peaking, while others bought at much cheaper prices and are now wavering in their once unshakable stance....

Britain is continuing to debate its role and its participation within the European Union in preparation for a major vote on whether to leave the union altogether. There are indications that the referendum – known as Brexit – is likely to be held in 2016.

The technical charts on gold are suggesting the start of a fresh leg lower in price. The loss of chart support near the $1075-$1070 level, and the subsequent inability of the metal to move back above that level, has led to both long liquidation on the part of the...

December 2, 2015

For six years the world has operated under a complete delusion that Central Banks somehow fixed the 2008 Crisis. All of the arguments claiming this defied common sense. A 5th grader would tell you that you cannot solve a debt problem by issuing more debt. If the...

Up! Buy the dips! What could possibly go wrong? A hell of a lot, actually, so investors might want to take precautions before, rather after, bad things happen to one's portfolio. We take a stab at where one may find opportunities in 2016.

There is no need to mince words or beat around the bush with this update. The latest COTs for gold released yesterday showed another marked improvement…so that they are now strongly and unequivocally bullish - in fact they are at their most positive since late 2001...

Editors Note: With the New York Times once again trying to convince us that the Gold Standard is a barbarous relic from the past (see below), we are happy to publish an interesting and informative piece by one of our contributors David Bryan.

This week is full of critical economic data and important events. What can we expect in the gold market?

December 1, 2015

Over the Thanksgiving weekend I received over 1,000 e-mails in total, many suggesting potential topics to talk about. We'll talk about several topics on the surface, each one obvious in their own right.

As many were running out shopping on Black Friday for what they viewed as the “deals of the year,” I sat in my office contemplating the precious metals. And, it made me think about human nature.

Many individuals are perplexed about the current low gold prices, especially with all the madness in the world. It just doesn’t make sense. While the US Federal Reserve (Fed) has backed off from printing money, the other major central banks continue to print. While...

Gold kept falling last week and stayed within our forecast channel. Our long awaited fall to lower lows seems finally to be underway, new lower monthly and weekly closes have added to the bearish sentiment surrounding the metal.

Gold reached a high of 1074.00 in the overnight session. We are starting to lean to the idea that wave .a. ended at 1151.60 and that we have now started our wave .b. rally. If gold were to now rally to the 1181.00 area, which is roughly the location of our wave *iv...

The news is out, and the news is good; the IMF has decided to include the yuan in its SDR virtual currency basket. Donald Trump and other “protectionists” have argued that the yuan is undervalued against the dollar. In contrast, I’ve argued that it is overvalued,...

The International Monetary Fund has officially designated the Chinese Renminbi/yuan a global reserve currency. What does it imply for the gold market?

Black Friday was the worst day for gold prices in three years with a dip to $1,052 an ounce. That’s almost exactly the bottom in prices that many chartists have been saying has to occur before a price rebound.

“The U.S. Mint’s sales of American Eagle coins surged in November, with gold nearly tripling month-over-month and silver already reaching a new annual record as bullion prices fell to multi-year lows” reported Reuters.

Last week it was speculated that with three major markets, with the dollar as their common factor, resting on significant long term support, there could be a change in trend – a change that could perhaps be the long-awaited bottom in the bear market in the precious...

November 30, 2015

The U.S. Mint has sold out of its 2015 one-ounce American Eagle gold coins, according to Bloomberg. In an email statement this week, the Mint confirmed that inventories have been depleted and no additional 2015-dated coins will be produced.

European Central Bank President, Mario Draghi, has been trying to lower the value of the euro by promising to pursue inflation with a vengeance. His inflation rhetoric was stepped up during a speech he gave to Germany on November 20th of this year. In that speech Mr...

While gold prices continue to languish in the doldrums and are on course for their worst month since 2013, global demand and especially Chinese retail, investor and official demand continues to remain very robust. Indeed, China looks likely to see a new record...

On Friday, the Shanghai Composite Index dropped 5.5 percent. What does it mean for the gold market? China's stock market had been rising steadily since the end of August, but it plunged suddenly on Nov. 27.

It has been said "truth" is a funny concept. What is truth to one may not be to another because opinions vary from one person to another. "Truth" in this context consists of one's opinion or point of view. By this definition truth can be altered, changed or even...

The battle lines are drawn and the fight for supremacy is drawn out along two lines. The first is the 100 line on the US Dollar Index. Since the 13th November, the dollar has meandered between 99 and 100 trying to push higher.

November 29, 2015

Ben Franklin used to say that “pain instructs.” But, based upon the continued unjustified faith by investors in what has been published these last 4 years as “analysis,” I am not so certain this maxim has application within the metals world.

SPX is in a short, sideways trend from which it could emerge in either direction. The daily indicators give it a bullish bias, but the hourly suggest that there could be a little more consolidation/correction. In any case, the 2085 level is the critical support...

Over the centuries the markets have provided some outstanding observations. One of the great bubbles blew out in 1873 and in classic fashion crashed in the fall. At the worst of the crash, The Economist wrote: "While the panic may be over, the results of the panic...

Three weeks ago I warned my subscribers that a Mars aspect on November 12th (Mars conjunct Venus in Libra) was indicating an explosive situation ahead, including possible terrorist activity. That very same week on November 13th, the Paris attacks occurred.

Save for Monday (November 30), we've 11 months of 2015 now in the books. And upon digging into our toolbox of "phamous phrases", there are two which come to mind in reflecting on the year-to-date: 1) "Change is an illusion, whereas Price is the truth", and 2) "The...

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