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Gold Editorials & Commentary

August 16, 2015

The latest data for the weekly Commitment of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on Friday, showed that large traders and currency speculators continued to add to their overall net bullish positions in the US dollar last...

People interested in gold and silver, including myself, spend much of our time examining the markets for clues when the old monetary metals and their miners will resume their bull market. But looking exclusively at the markets provides only a superficial...

August 15, 2015

Gold and precious metals in general had a spectacular run from 2003-2011. Moreover, it was around that time we published our first article on Gold-Eagle. In that period, we were pounding the table on Gold, Silver and the entire precious metal's sector. Is this the...

The developing events over the past few months are so varied, seemingly unrelated but are all tied in, just not in a cognitive manner that makes sense. Moreover, almost all them are based upon lies by one government after another, the worst offender being the US....

Gold sector is on major sell signal. Cycle is up. Traders can consider trading positions if risks are manageable.Silver is on a long term sell signal. Cycle is now up. Traders can consider some trading positions if risks are manageable.

August 14, 2015

China's recent move to devalue the yuan has sent shock waves through the global financial markets and has convinced most observers that a new front in the global currency wars has begun. The move has caused many observes to envision a new round of competitive...

Dow Death Cross, Gold & Silver, GDX & GDXJ And Key Precious Metal Stocks analysis via videos.

After a solid five day rally, gold sold off on Thursday…as precious metals miners also sold-off indiscriminately. Both GDX and GDXJ were down almost 6%, leading many to be shaken out of position on the pullback. For me, these events are expected and become...

The entire gold-mining sector was crushed last month, suffering a full-blown panic. This was triggered by an extreme shorting attack on gold by American futures speculators. As fear-blinded traders rushed for the gold-stock exits, they claimed their selling was...

When a trend exceeds a Hidden Pivot target, we usually infer that it will continue, often following a reaction move in the opposite direction. Notice in the chart that the Dow Industrials decisively exceeded a 17,251 downside target this week that has been nearly...

China Preparing for Resumption of Currency Wars and an International Monetary Crisis. -Obama and Kerry Warn Dollar May “Cease To Be the Reserve Currency of the World” -Remember Bloomberg Intelligence’s $64,000 Gold Price Target? -Reuters Global Gold Forum Interviews...

We have been using the Equity Put/Call ratio to gauge pressure on the US stock market for all of 2015. Many people think that anxiety indicators like this and the VIX are contrary indicators (i.e. when they spike you buy the fear in the markets, which often does...

The precious metals sector has held recent lows…and a rebound is underway. Gold held $1080/oz for three straight weeks and has pushed as high as $1126/oz this week. The gold miners (GDX and GDXJ) surged the first half of the week…and Silver has also gained. We...

August 13, 2015

The question of our title is very important, "Did the FINAL WAR just start?". If you polled Americans on this question, 99.9% would answer "no" if you took out the Middle East. Last week I wrote "The Rumblings of War" regarding the IMF rebuffing China's entry into...

July was a horrible month for precious metals prices. Sentiment reached levels never seen before. As metals and the miners broke through a long-term support line, so did pessimism. To get an idea of the level of pessimisim, we are including a very long-term chart...

Gold has had a nice run off the Chinese yuan devaluation news with short covering the dominant reason behind the buying. Markets that have a decent sized speculative short position are always subject to bouts of sharp price rises as shorts scurry for cover. The...

Everything in life moves in cycles. Seconds, minutes, hours, days, all add up to become part of a cycle. Some cycles, such as the beating of the heart move fast, while a millennium moves very slow. This article will draw your attention to a very important 7 year...

Interest rates in the US, Europe and the UK were reduced to close to zero in the wake of the Lehman crisis nearly seven years ago. Initially zero interest rate policy (ZIRP) was a temporary measure to counter the price deflation that immediately followed the crisis...

Gold and silver rose on the COMEX again yesterday – up 1% to $1,123.80 and silver was up 1.3% to $15.52 per ounce. This morning, gold is 0.7% lower to $1,118 per ounce. Silver is 1% lower to $15.47 per ounce. Platinum and palladium are 0.8% and 1.4% higher to $997...

The longer you invest, the more you realize the extremely important role central bank policy plays in the global financial markets cannot be overstated. China's recent currency devaluation puts additional pressure on other central bankers.

August 12, 2015

Back in early July, I published the view that we needed Just A Little Bit More Gold Price Downside to complete the gold Investor Cycle. All of the indicators and tools we used to spot these turns were firmly in place…and it had become a matter of cleaning out the...

As we write this, gold is experiencing a bounce from short-term oversold conditions. It is not unexpected as our forecast published every Sunday before the markets open has indicated the probability of this occurring for the last week. At this stage, our gold price...

Gold and silver rose on the COMEX yesterday – up 0.5% to $1,108.70 and silver was up 0.6% to $15.34 per ounce. This morning, gold is 0.85% higher to $1,119 per ounce. Silver is up 0.1% to $15.47 per ounce. Platinum and palladium are 0.5% and 1% higher to $996 and $...

I’ve said all along that if the Fed didn’t get out of the way and let the market correct naturally, it would have serious consequences. Well they have not let the market correct naturally. On the contrary, ever since QE3 ended there have been more interventions than...

The shot just heard 'round he world (for those with ears to listen) was a surprise 2% devaluation by the Chinese of their currency the yuan. I have spoken to many whom I respect to hear their opinions and theories. This is a very important move by China and one...

August 11, 2015

Gold had a bit of wild ride in the overnight session, reaching a low of 1093.40, and then rallying to a new high for the move of 1118.90! The drop from yesterday’s day session high of 1108.40 to the overnight low of 1093.40, is corrective looking on the Intraday...

China stunned many mainstream media (MSM) analysts this morning. The country’s central bank (PBOC) just devalued its fiat currency by about 2%!

The world is now at tipping point…and this coming autumn we are likely to see the beginning of what I in a 2009 article described as “The Dark Years Are Here”.

A bullish divergence between the gold-mining sector of the stock market, as represented by the HUI and/or the XAU and gold bullion involves the gold-mining sector having an upward bias, while gold bullion has a downward bias or the gold-mining sector making a higher...

Last year at this time, I wrote and asked readers who owned shares in gold and silver producers to send their companies a letter. I ask that you do this once again. Please don't believe I am under any delusions whatsoever, because herding cats is a near...

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