Gold Editorials & Commentary

Traders today universally believe inflation is dead, that there is no persistent decline in the purchasing power of money. That’s what government price indexes around the world are indicating. But this false notion is one of recent years’ main Fed-conjured...

DOW & Bonds, Nasdaq Bear Signal, Gold, Silver & Copper, PM Stocks Analysis via videos.

The daily chart of the Dow Jones Industrial Index shows a significant technical non-confirmation: The On Balance Volume segment of the chart has been falling in the face of a rising Index, which indicates that sellers have been taking advantage of rising prices in...

Two months ago the precious metals complex became extremely oversold and ripe for a rebound. Two months later and the overbought condition and bearish sentiment has been alleviated to some degree. Sadly for bulls, Gold barely rebounded while both Silver and gold...

Why are interest rates at historic lows in the United States and around the world? The widely-accepted answer is that very low interest rates exist for the purpose of stimulating economic growth and corporate profits, and are thereby helping the United States and...

Gold closed the third quarter down 4.8 per cent at $1,115 an ounce. The summer months are the traditional doldrums for the gold market. But it could have been much worse with the early August low of $1,080. Gold bugs hope that was the bottom of the recent correction...

There is no gold rush in Illinois. The important question is, “Why Not?” “Illinois is in serious financial trouble.” “Illinois has no current budget.” “The reality is Illinois is flat-out broke.” The State Comptroller estimates that the backlog of unpaid bills will...

One of the biggest issues investors need to assess today is the US Dollar carry trade. If you’re unfamiliar with the concept of a carry trade, it occurs when you borrow in one currency, usually at a very low interest rate, and then invest the money in another...

Is "Helicopter Money" Coming? Since the start of June, global equity markets have lost over $13 trillion. This might be thought of as lost "collateral" for the mountains of pyramided global debt. This is frightening the Central Bankers!

Every newspaper headline is about whether the Federal Reserve would increase rates in September, then October, and maybe December? As in Charles M. Schulz’s comic strip, when Lucy always pulls the football away before Charlie Brown can kick it, the Fed threatens but...

In last week's article I pointed out that negative interest rates should lead to a general shift in consumer preferences from money towards essential goods. Central bankers may wish for this outcome on a controlled basis to allow them to hit their price inflation...

I predicted that gold would rally last week up to the $1,155 area, and was also equally unsurprised when it was rejected the first time by that declining (see green trend-line on chart) resistance line. Those are standard or obvious Cycle pivot points, but how it...

After the China Tremors of July-August, September rolled in with a roar of a veritable Bear. On a quarterly basis, the S&P500 was down 8.2 percent, DJIA fell more than 8.7 percent and EuroStoxx 50 shed 12.9 percent. Only longer dated (5 years-plus) U.S. bonds...

The huge level of weekly Shanghai Gold Exchange delivery numbers is becoming something of a repetitive news item and is perhaps losing its impact, but it shouldn’t. Week 37 (ending September 18th) saw another 63 tonnes delivered out of the Exchange, which makes the...

In his article for Bloomberg Business, Ranjeetha Pakiam takes a look at China’s recent accumulations in gold and how the country now compares in the world league table on gold holdings. He observes that there is a deliberate policy of increased transparency in China...

It's campaign season…and that means non-stop media coverage of candidate polls, quips, gaffes, tweets, emails, controversies, lies, and scandals. It all makes for a good soap opera. Unfortunately, it's almost all irrelevant in the big picture.

Amazingly, more and more people are becoming bullish of metals and miners again. So, are we now setting up the final decline due to the increased bullishness? I think so. But, nothing suggests to me as of the time of my writing this update that the top of this...

Gold reached a low of 1123.90 in the overnight session, at the time that this Post was being written. We are waiting for the end of wave *ii* to occur. The 1123.90 low is now well within our retracement zones of:

Two huge pieces of news hit Monday like a one-two punch! First; UBS Is About To Blow The Cover On A Massive Gold-Rigging Scandal followed by; Saudi Arabia withdraws overseas funds. Gold and Oil both affect the dollar, and this is happening while global liquidity...

In late 2014, many investors in the Western gold community decided to invest the booming US stock market. I warned that without QE, the US stock market was turning into a “wet noodle”, and rate hikes could cause a global markets crash, in the September-October time...

Everyone is so focused on looking at the Fed and whether or not it decides to raise rates by a puny 0.25%, that they are completely overlooking the fact it is the market’s role to set interest rates…and if the Fed is not up to the job, then the markets will...

A few years ago Warren was interviewed on CNBC. The interviewer asked him: “Where do you think gold will be trading five years from now?” His answer showed an ongoing dislike for gold as he replied: “I have no views as to where it will be, but the one thing I...

The world has added approximately $60 Trillion in debt since 2007, much of it sovereign debt created from deficit spending on social programs, wars, and much more. In that time the world has mined perhaps 30,000 tons of gold, or about 950 million ounces, worth at...

Most of us remember cowboy movies in which a lonesome desperado acquires a sack of gold coins that everyone else wants. It’s a thankless task that typically doesn’t end well.

We call on central banks to abolish their zero interest rate policy (ZIRP) framework before more harm is done. In our assessment, ZIRP is bad for all stakeholders and may even lead to war.

It is often reported that governments and central banks have for years leased or sold their gold to bullion banks; therefore, they are unlikely to possess the tons of gold, they are said hold. Also, the bullion banks seem to be under enormous pressure recently.

This is a very important story that shows how China and Russia are becoming increasingly close and strong allies who are flexing their muscles and asserting themselves as rival superpowers to the U.S

Outright financial collapse, chaos and most probably war is not only in sight, it is imminent and unavoidable now. Normally I try to write and support my conclusions with current or past events via links to news. For this writing, because of the length and scope I...

Indubitably, the Euro Union (EU) has been and remains a modern day Greek Tragedy, which will eventually and inevitably implode as the Euro currency becomes relentlessly worthLESS. The only exiting doubts are WHEN…and the source spark causing implosion of the Euro...

There has been an unprecedented attack on gold and mining shares over the past three years emanating from financial institutions in order to support the government’s supposed success in bringing the economy back to health. And even though gold mining shares are down...