Gold Editorials & Commentary

One of our long-running themes here is that the truly historic and massive flows of gold from West to East is (someday) going to stop, for the simple reason that there will be no more physical bullion left to move.

In the cartoons of my time, a steam pot that was going to blow showed clear signs of the impending explosion – the steam puffs coming out, the shaking and rattling and the circumference increasing. Much the same signs can be seen in the markets – volatile...

In this Weekend Report I would like to focus on the PM complex as it has rallied for the last several days. During most of the bear market gold has held up better than the PM stocks and silver so we’ll start there to see if we can find any clues on what’s really...

Since the flash-crash (24th of July down to $1,071), the technical picture for Gold has been improving step by step. First a $100-short-squeeze pushed Gold towards $1,170 in mid of august. Gold only briefly touched this level and corrected all the way down to $1,098...

The best technical evaluation of the chart pattern that SPX is making is that the index has started another down-phase that could turn out to be similar to the first one, which had a decline of about 250 points. Should it be exactly the same, the index could drop...

Markets broke last week as the chart suggested -- and they remain looking for lower prices in the very near future. While the direction is down, we are back in the rhythm of much of the action taking place overnight leaving us with gaps. In other-words, it’s a bit...

It cannot be an easy job these days were one a member of the Federal Open Market Committee, let alone chairing the Board of Governors of our Federal Reserve System. What we, as do diligent analysts see, doesn't always tally with what we hear from the FOMC. Yet for...

Two weeks ago, I warned that September 17th would be a critical date: the perfect storm coming together with Mercury going retrograde and Jupiter opposing Neptune on the date that the FED announces its intents regarding interest rates. I also warned that gold stocks...

We believe the stock market has started a massive Bear Market that could last many years. The top arrived for the Industrials in May 2015. Since then, a new Primary Dow Theory Bear Market Signal was generated. Since June 22nd, 2015, the stock market, as measured by...

Gold sector is on major sell signal. Cycle is up. Looking for a tradable bounce lasting a few weeks. Silver is on a long-term sell signal and investors should be in cash or short. Short-term is on buy signal and traders can play for a corrective bounce.

Over the years, I have found cycle analysis to be one of the most useful tools for helping me forecast both gold prices and silver prices. Gold and Silver cycles last topped in May, and I expected the biannual cycle lows to arrive during the July/August timeframe....

I shall briefly address the impact of negative interest rates, should they occur, at the end of this report, after looking at this week's trading. The week started with a slow downwards drift for precious metals on Monday and Tuesday before a sharp two-day rally,...

Gold has lapsed deeper into pariahdom this year, becoming the most-hated investment class in all the markets. Traders are avoiding it like the plague, utterly convinced gold is doomed to spiral lower perpetually. But this wildly-bearish psychology is dead wrong....

Stocks Candlestick, T-Bonds & US$, Gold & Silver Bottoming and GDX & GDXJ analysis via videos.

For gold traders, the trend is likely to be a fickle friend during the next year and possibly longer. Consider developing a relationship with volatility instead. When we last wrote about gold prices, we cautioned that the July decline was probably a false move – a "...

After the President of the United States, the most powerful person on the planet is the Chairman of the Federal Reserve. Ask almost anyone on the street for the name of the US president, and you’ll get a quick answer.

Investors have no logical reason left not to buy gold and silver. The Federal Reserve is clearly involved in a failing bluff on interest rates that it dare not raise because the global economy is entering a recession.

Since 2008 the Keynesians running global Central Banks had always suggested that there was no problem too great for them to handle. They’d promised to do “whatever it takes,” to maintain the financial system and print the world back to growth.

The vicious and ever enduring bear market in precious metals has coincided with a bull market in equities, amid a strong negative correlation. The negative correlation is nothing new as it occurred and persisted from 1973 through 1978 and also from 1996 through 2002...

The relationship between stock valuations and the gold price is another widely discussed correlation. The standard view is that these two markets are negatively linked: when the stocks go up, the yellow metal dives, and vice versa.

My obsession with keeping losses down to literal small change would have stopped subscribers out of a beautiful trade Tuesday night. With the futures hovering near 1124.00, I’d recommended bottom-fishing with an 1121.70 bid, stop 1121.40.

The S&P500 lost 1.23%. The Dow Jones Industrial Average lost 1.09%. Indices around the world also fell… The Euro Stoxx 600, which tracks 600 of Europe’s biggest companies, lost 3.12%. Germany’s DAX lost 3.80%. Japan’s Nikkei 225 lost 1.96%.

Which of these best defines your thinking during periods when it seems failure is the likely option? If at first you don’t succeed … cut bait and scram. The race doesn’t always go to the swiftest of foot but the surest of step.

Clearly the title to this piece will be viewed as controversial, if not entirely heretical, by many readers. However, the facts (and more importantly) the economic principles here are unequivocal. “Bigger” is not better.

Last week the clock ran out on the Fed's latest bluff. They have gone 55 meetings over 80 months without a single tightening or rise in interest rates. Last week was supposed to be "different" and a tightening of credit was predicted by something like 82% of...

It appears we may be entering into another bout of deflation by the looks of some of the charts I’ve been evaluating. The US dollar will be the key driver if this second leg down is going to take hold. Many of the commodities charts are looking pretty heavy right...

A case study of physical gold stored in London Vaults in LBMA 400 troy ounce gold bars has been undertaken by Ronan Manly, Koos Jansen, Bron Suchecki and Nick Laird.

The Bank of England announces its latest cunning plan in its ongoing 'War on Cash' under the cover of Europe's refugee crisis that is witnessing Eastern European hypocrisy, such as that of Hungary forgetting its own past of sending hundreds of thousands of refugees...

Monday’s moderate weakness looks innocuous in the context of the bullishness of the 240-minute chart shown. Notice that the presumptive C-D phase of the rally begun from 1081.40 in early August stalled precisely at the 1141.90 midpoint pivot.

The future direction of the planet is between the central bank’s counter-party paper Ponzi currency or the independence of real money. Foresighted central banker John Exter is famous for his classification of risk assets. Using Exter’s Golden Pyramid the riskiest...