Gold Editorials & Commentary

Last week, SPX reached its ~2800 P&F target and started to form a short-term top. By Friday, the hourly indicators had given a sell signal and the daily had continued to increase their negative divergence pattern, suggesting that a short-term correction was...

To say that President Trump is a new breeze blowing out of the White House might seem as something everybody knows. The difference though, it would be an insult to liken him to a ‘breeze’; perhaps a tame tornado would be more apt. Although there are some observers...

After a brutal few weeks in precious metals, you’d expect trend-following speculators to be heading for the exits. And the most recent gold and silver futures action — aka the commitment of traders (COT) report — shows exactly that. Which is good news.

High-country greetings from Squaw Valley at 6,200 feet -- but without an Olympic Gold medal, the metal for which we must extend low-price greetings at $1,232/oz. 'Tis the level at which Gold settled yesterday (Friday) in officially closing out the week below The Box...

This week’s market commentary, as it has been for the past few months is tedious. But that isn’t my fault. What’s to say about a market which since early March has been four months of hurrying up and waiting? Waiting for what?

Far too much analysis is put out there linking gold with inflation. It is true that gold often acts as an effective inflation hedge, but it all too often fails in that capacity. Far too much analysis is put out there linking gold with war, terror, pestilence and...

Long-term – on major buy signal. Short-term – on sell signals. Gold sector cycle is up. COT data is now at levels of previous bottoms. Conditions are now favorable for overall higher prices in coming weeks and months. We are holding gold related ETFs for long-term...

This past week I was invited to be a keynote speaker at Rick Rule’s Sprott Natural Resource Symposium. And every year, gold is a key topic on everyone’s mind. Let me remind you of a very old saying…

Money manager Michael Pento predicts, "The U.S. is not an island. The U.S. is not going to have 4% GDP growth while the rest of the world implodes.

Gold’s summer doldrums are dragging on this year, with this asset slumping longer and lower than usual. Several converging factors are responsible. The stronger dollar has convinced gold-futures speculators to sell aggressively, and gold’s downside momentum has fed...

New information suggests that the cost to produce gold is much higher than what the market realizes.  As the cost to produce gold has skyrocketed over the past two decades, the mining industry has hidden certain costs by placing them in their capital expenditures. ...

Now that the "summer doldrums" for the metals and miners seem to be upon us – which may or may not last until after Labor Day – it might be worth your time to "measure" your precious metals' holdings.

The trading action in the paper gold markets of London and NY this week further convinces me that gold is being pushed down in price by the western Central Banks similar to the take-down in the paper price that occurred in 2008.  The motive is to prevent a soaring...

With the first half of 2018 now behind us, it’s an opportune time to look at what's been happening in the Chinese Gold Market. As a reminder, China is the largest gold producer in the world, the largest gold importer in the world, and China’s Shanghai Gold Exchange...

In today’s globalized economy no market can move entirely on its own. They are all connected in one way or another. But not all links are equal – some are barely noticeable, while others are so strong that it’s impossible to dismiss them. In case of the gold market...

In his book Nobody Knows Anything, my friend Bob Moriarty wrote about the difference between signal and noise. Unfortunately, much of the information in the gold space or what passes for such is really noise. Conspiracy theories around manipulation, price...

The recent currency and debt crises in Argentina and Turkey raise questions about the condition of the global economy in general and the emerging countries in particular. Are they merely isolated events without broader implications or are they canary in the emerging...

In the 2nd July Weekly Update we discussed the risk posed by the recent weakening of China’s currency (the Yuan), and commented: “We won’t know for sure until China’s central bank publishes its international currency reserve figure for June, but the recent weakening...

I always love reading titles to articles that tell me I am about to read a bunch of "reasons" as to why a market is going to do something. So, I thought I would write my own. When someone presents you with such an article, this is what they are really saying:

This market is in the “biggest bubble in the history of mankind,”  Ron Paul told CNBC’s “Futures Now” last Thursday. “I see trouble ahead, and it originates with too much debt, too much spending,” Paul said.

For every promising investment opportunity, you come across, there are multiple opportunities for bad-faith brokers and hucksters to try to rip you off.

The world’s greatest asset is on sale. In China, India, and the Western gold community, shoppers are happily placing small amounts of “golden groceries” into their shopping carts each week, and enjoying the price sale.

The first gold ETF was launched in 2003. Since then, ETFs have revolutionized the gold market. How? And, by the way, what is the relationship between gold and climate change?

The markets are in serious trouble as the extreme oil price volatility continues to devastate the global economy.  Investors and analysts today are totally clueless because they have become the frogs burnt to a crisp in the frying pan.  Over the past several decades...

– Global debt time bomb surges to nearly a ‘Quarter Quadrillion’ ($250T). – “The $247 trillion global debt bomb”  Washington Post warn.

The market went according to expectations and projections in the second week of July after the first week's huge bull reversal week. The bulls were able to retain their bull train momentum from the prior week and managed to do a decent job on the standard...

For those that follow me regularly, you will know that I have been tracking a set-up for the SPDR Gold Trust ETF (NYSEARCA: GLD), which I analyze as a proxy for the gold market. I also believe that gold can outperform the general equity market once we confirm a long...

The economies of the world are at an inflection point.  Enough data points have now presented themselves to be able to see the outlines of a major shift in the markets of the world.  We are at a pay attention moment.  There comes a time when a successful investor...

In looking at the charts for Gold, Silver and Mining Stocks, it is clear that patterns and wave mappings suggest a bottom is fast approaching, and the start of a major new Bull Market is next. This comes at the same time that sentiment is at extreme pessimism, the...

In part I The Great Reset , we said that a reset is a terrible thing. The closest example is the fall of Rome in 476AD, in which more than 90% of the population of the city fled or died. No one should wish for this to happen, but we are unfortunate to live under a...