Gold Editorials & Commentary

Gold price has gained 1.2% today on safe-haven demand as sharp declines on Wall Street spread throughout Asia and Europe. Stocks in Europe have slumped to a more than 18-month low after sharp losses on Wall Street, centered on tech stocks and the Nasdaq.

There are times in life when being alarmed is actually a healthy defense mechanism that gives you an advantage over the many for whom "ignorance is bliss." This is one of those times.

The previous week is over - and even though we haven’t seen any significant volatility in its final part, it doesn’t mean that we haven’t seen any meaningful signals. We did…and one of them has important implications for the short-term and a few others have much...

Some of last week’s weakness in the stock market was attributed to surprisingly week jobs report on Friday. Non-farm payrolls came in significantly below projections.

The annual “In Gold We Trust” report by Liechtenstein-based investment firm Incrementum is a must-read account of the gold market, and its just-released chartbook for the 2018 edition is no exception.

October is the month most closely associated with markets going bump in the night – 1907, 1929, 1987, 1997, 2007, 2008. Of all the October surprises, the 1929 crash had the most lasting consequences.

Jack Nicholson and Morgan Freeman starred in the 2007 movie, “The Bucket List.” A “bucket list” defines things we want to do before we die, before we “kick the bucket.” A reverse bucket list—as used here—is a list of things already occurred, but we wish had not...

Few investors have a deeper understanding of the tech sector than Fred Hickey. The renowned editor of the popular investment newsletter «The High-Tech Strategist» draws alarming parallels to the bursting of the dotcom bubble in the year 2000 and spots high risks in...

Two important financial cycles are currently converging for the first time in more than ten years, and how they work in combination can provide key information about the future value of our retirement portfolios, the future prices of our homes, and even when the...

The incredibly positive price action of many gold stocks relative to bullion continues to occur on days when bullion falls hard against the dollar, and when the stock market gets hit. That’s impressive!

It is my privilege now to welcome in Frank Holmes, CEO and Chief Investment Officer at U.S. Global Investors. Mr. Holmes has received various honors over the years, including being named America's Best Fund Manager by the Mining Journal.

U.S. nonfarm payrolls slowed down in September. The economy added just 134,000 jobs last month, following a rise of 270,000 in August (after an upward revision). However, the weak headline number was accompanied by hugely positive revisions in July and August. With...

Gold has struggled to rebound despite an extreme oversold condition and extreme bearish sentiment. Nevertheless, conditions for Gold have not worsened in recent days. In fact, Gold as well as gold stocks appear to be basing for a potential rebound into the holiday...

Interest rates have risen to levels where they are finally getting noticed, even on giddy Wall Street and in the undiscerning precincts of television business news. In recent days, nasty selloffs in the stock market have been attributed to correspondingly large...

In a 13th August blog post I noted that for the first time this year the sentiment backdrop had become decisively supportive of the gold price. I also noted that the fundamental backdrop remained unequivocally gold-bearish, and then attempted to answer the question...

According to a recent Cornerstone Macro report, the three most influential macro trends this year have been 1) the strengthening U.S. dollar, 2) the flattening yield curve and 3) slowing global manufacturing expansion.

Last week, we shined a spotlight on a crack in the monetary system that few people outside of Switzerland (and not many inside either) were aware of. There is permanent gold backwardation measured in Swiss francs. Everyone knows that the Swiss franc has a negative...

This week, I read an article on Seeking Alpha by Jeffrey Saut entitled “Stock Market Timing?” While I have much respect for Mr. Saut’s experience and knowledge in the industry, I do not agree with his recent missive, as it is replete with market fallacies and...

For years now, analysts and the media have been trying to convince everyone there is no inflation despite central banks massive quantitative easing programs. Of course this is ridiculous. They just choose to ignore where the inflation has manifested.

The first week of October is history and the DJIA closed all of 11 points lower than it did the week before. As we well know, statistics can be deceptive. The 11 point change in the DJIA over the full week conceals the fact that the DJIA futures ranged between an...

On the surface, nothing much changed last week. The Fed, as expected, raised short-term interest rates very modestly, the US, Canada and Mexico cut a new NAFTA deal (kind of a pleasant surprise), unemployment fell again, PresidentTrump continued to tweet, while...

It’s not always like clock-work, but the September-October period always deserves caution as we approach it. This year, the beginning of the correction came a little late for the major indices, waiting until early October to get started and causing some to wonder if...

Large precious metals speculators added to their bearish net positions in the Gold futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

Several weeks ago we looked at some resistance points for gold and silver from the short  to the longer term time perspective. Below is a daily chart for gold which starts with the 2018 five point rectangle reversal pattern which broke down in May.

Greetings from the beautifully bucolic Swiss canton of Fribourg where, like Gold, the cows barely budge toward otherwise producing their gruyérienne delights.

This week the Dow Jones Index on Tuesday and Wednesday closed at all-time highs.  That makes four new BEV Zeros in the BEV chart below in the past ten trading days, and that’s something I can’t complain about.

Our proprietary cycle indicator is up. Gold sector is on a major sell signal. Speculation remains at multi decade low. A potential bottoming pattern is in progress.

The battered gold miners’ stocks are finally starting to recover after a rough few months.  Their prices slid with gold in July, plummeted in a brutal forced capitulation in August, and then dropped again in an echo capitulation into mid-September.  That left them...

“Mr. Gold, you have disappointed us! But, really, you dropped almost four percent in the third quarter of this year.” This is what many analysts could say. But we warned our Readers against being bullish in the current macroeconomic environment. We invite you to...

This past week, we saw that the Bank of Nova Scotia was charged by the Commodity Futures Trading Commission with multiple acts of spoofing in gold and silver futures between June 2013 and June 2016. Traders placed orders to buy or sell precious metals futures...