Gold Editorials & Commentary

Technical Analysis via videos

The US government has once again agreed to increase its so-called debt “ceiling” – this time from $18.5 trillion to $20 trillion. The so-called debt ceiling is recognized industry-wide as a complete misnomer.

The stock market’s recent advance has been nothing less than spectacular. Caveat emptor: the rally was mainly in the large cap stocks. The FED’s determination to raise interest rates in December is predicated on the upcoming economic data. One of the most important...

After writing my last piece regarding Martin Armstrong I thought that would be enough, it wasn't. A reader replied and forwarded this recent article by Mr. Armstrong "Did Gold Survive the Depression? Please read this short article twice before continuing to my...

Gold prices should form a temporary bottom within the next day or two and then proceed to rally for a short bit. Sadly, this will be just a relief rally, and prices are expected to rollover, continuing lower into a December low.

Is The Distance Between The S&P500 And Its 50-dma A Showstopper? The short answer is "yes, it is a relevant concern looking out days/weeks." However, it is also worth taking a look at some historical examples. History helps us keep an open mind about all...

In the September 10 column entitled, “The bear makes a welcome return”, we discussed the return of the infamous bear image on the front cover of several news magazines and newspapers. The most conspicuous example of the bear could be seen on the front cover of...

For the same reason the Euro was sharply lower today, so was gold, namely, a hawkish Yellen testimony in which see used the words, “living possibility” when referring to a potential December rate hike.

Stocks have rallied over the last 10 days in part by ECB President Mario Draghi’s statement that if push comes to shove, the ECB will push interest rates even further into negative territory (NIRP).

Just when the short-term prospects for Gold were looking good, precious metals reversed lower this past week. It could be that Gold was surprised by last week’s FOMC minutes, which signaled a potential December rate hike. When the minutes were released, Gold dropped...

Marc Faber, Swiss economist, forecaster, renowned investor and the original Dr. Doom, may need a new nickname. In an interview on CNBC’s “Trading Nation,” the Gloom, Boom & Doom Report editor revealed he may not be as bearish as some may think and that he is...

Those that are in my Trading Room at Elliottwavetrader.net know that I am not a huge fan of Mr. Martin Armstrong. Yet, I believe his perspective about the “manipulation” of gold is absolutely correct, and, unfortunately, he has been wrongfully maligned lately.

I have seen articles this past week that suggest the investment world is delusional. I have seen articles suggesting that the only thing we need to do is listen to the Fed to know which way the market is going. And, if you count your own perspective amongst these “...

For years Martin Armstrong has denied market manipulation had any effect on markets. He has taken this stance while touting the ability of his "cycles and charts" to forecast future prices of various markets.

Most economists and investors readily acknowledge that the current period of central bank activism, characterized by extended bouts of quantitative easing and zero percent interest rates, is a newly-blazed trail in economic history.

In the month of October, there were thirteen two hour blocks during which gold traded in a range greater than $10 – not an alarming price range to be sure, but collectively, these high activity moments represent the most volatile trading periods for the gold price...

At the time that this was being written, Gold reached a new low of 1128.70 in the overnight session. Gold is very oversold and is now likely heading to our 78.6% retracement level of wave ^i^ which is 1122.70.

The “will they won’t they” hike rates in the US casts a shadow over gold prices and hampers gold’s ability to gain any traction. The recent FOMC meeting has hinted once again that a rate hike is possible in December…and so the prospect of a stronger US Dollar puts...

October has come to an end…and it has not experienced the kind of event for which the month had become well-known, if not quite famous, over the decades. Stocks did have their ups and downs during the month, but the latter was infrequent and brief and limited.

The global economy is contracting with former engines for growth (Emerging Market economies, particularly China) growing little if at all. Financial markets continuing to rally/ hold up in hope of additional monetary measures by Central Banks.

Last week the Federal Reserve announced it would delay the interest rate liftoff yet again, but while everyone seems concerned about nominal rates—the federal funds rate, in this case—real rates have already risen about 5 percent since August 2011. This “invisible”...

Gold consumption in mainland China may match or exceed the record in 2013 after financial market turmoil and the yuan’s devaluation have boosted the metal’s appeal. Further, China’s net imports of gold from Hong Kong increased for the third month in September as...

The Personal Consumption Expenditures Price Index decreased 0.1 percent in September. What does it mean for the US economy and the gold market?

In a recent article Mike Shedlock (Mish) weighs in on the question of whether or not gold is money. Near the end of the article he concludes: “The only possible debate about whether or not gold is money pertains to the phrase “demanded mainly as a medium of exchange...

Dennis Gartman, author of the institutionally well followed ‘The Gartman Letter,’ has asked questions about gold’s peculiar price action last week and raised the question as to whether there was official central bank manipulation of gold prices.

Something changed in the minds of investors in 2008 as more individuals switched to buying physical gold bullion. How much more physical gold buying has taken place since 2008 can be seen in the two charts below.

Last week SPX gave plenty of evidence that it was topping, at least on a near-term basis. Since it fell a few points short of its projection for this move, it is not entirely clear if it has failed to reach it, or if it will make another attempt early next week....

It was ironic that when Dr Watson complained to his companion Sherlock Holmes that he had a stomach ache, Holmes clarified the situation at once by saying “Alimentary, my dear Watson”. More generally, the legendary sleuth of Victorian London would make light of his...

The step sum is a single item Advance – Decline Line using the daily closing prices of a market price series, but hourly or weekly data would work. Should gold, silver, or the Dow Jones close higher than yesterday’s close, it’s a +1. Should they close lower it’s a...

One week ago, we pointed to the then pending Federal Open Market Committee policy statement as a "non-event". Essentially 'twas, despite the buzz. And yet, au contraire, we ought be shaking in our boots now, what? No, not because 'tis Halloween, (which here in San...