Gold Editorials & Commentary

Is ‘Welsh gold’ more valuable than gold mined from anywhere else? Some believe it is. Others believe this is just hype ahead of the big day for Harry and Meghan.

As the title notes, we are finally getting that 5th wave down in the GLD after weeks of meandering. Moreover, not only are we getting that 5th wave down, the 3rd wave within this 5th wave down extended beyond the 3.618 extension of waves i and ii down.  And, such a...

Platinum Week in London has heard that prices are forecast to stabilize in 2018 as the metal gains from its correlation with gold but demand continues to suffer from the diesel scandal and a poor outlook relative to sister-metal palladium.

It is a matter of personal interest that it was my uncle, Iain Macleod, who invented the term stagflation shortly before he was appointed shadow chancellor in 1965. It is no longer used in its original context. From Hansard (the official record of parliamentary...

Many of you may remember the great debate between then Congressman, Dr. Ron Paul and then Federal Reserve Chairman, Ben Bernanke, when Dr. Paul asked Mr. Bernanke if gold was money. The look on Bernanke’s face is absolutely priceless.

In recent months, pundits have cautioned about a flattening yield curve, suggesting it may signal the end of the economic expansion, the end of the bull market, possibly even the end of the world as we know it. There's plenty to worry about in the markets, but in...

For more than a week now, West Texas Intermediate (WTI) crude oil has been trading north of $70 per barrel, a level we haven’t seen since November 2014. Gas prices are likewise trending up, as I’m sure you’ve noticed. According to the American Automobile Association...

On May 1st, we knew that the precious metals sector was starting a 2-week rally based on cyclical turning points, apex-based reversals, and True Seasonality for May. The rally is over, the profits cashed in… And growing once again thanks to the new short position....

Not sure how much more “radically undervalued” gold could be than it is today. The bullion banks and “market makers” are doing their level best to ensure the undervaluation remains in place – and possibly moving lower.

As a recovering Gold bug I have great sympathy for what die-hard bitcoin fans are about to experience. Years and years of grinding lower with the occasional wicked spikes up that bear markets are known for.

 “There’s a lady who’s sure…All that glitters is gold…And she’s buying a stairway to heaven.” Led Zeppelin released the iconic song “Stairway to Heaven” in 1971, shortly after President Nixon released the dollar from gold backing. The dollar plummeted in purchasing...

As we type this on Tuesday the 15th, the price of COMEX Digital Gold is down nearly 2% on the day. This places it under $1,300 per ounce and below its all-important 200-day moving average.

Most analysts in both the gold and mainstream investment communities seem to be in “summer doldrums” mode. They are nervous about stock markets because of rate hikes and the late stage of the business cycle. That’s understandable.

Turkish gold imports surged due to a sharp increase in investment demand as well as renewed Central bank purchases.  While the Chinese and Russian governments have been adding gold to their official reserves over the past several years, Turkey added 86 metric tons...

In line with expectations, after an upward move in March to a range of 1.5-1.75 percent, the U.S. central bank unanimously left the federal funds rate unchanged at its recent meeting in May:

Friday was the day when silver and mining stocks were likely to reverse based on their triangle-apex-based turning points and today is the day of gold’s apex-based reversal. Therefore, it seems likely that gold, silver and mining stocks are forming the final top for...

It is my privilege now to welcome in Craig Hemke of the TF Metals Report. Craig runs one of the most highly respected and well-known websites in the entire industry and has been covering the precious metals for a decade now, and he puts out some of the best analysis...

Since 1981, interest rates have been in a falling trend. Last week, we said this trend will continue, and the present blip up in rates is just a correction. We did not argue technical analysis, nor quantity of dollars, nor the general price level.

Firebrand populists of Left and Right are poised to take power in Italy, forming the first “anti-system” government in a major West European state since the Second World War.

Throughout this year, many analysts have focused on the price of Gold, platinum and silver markets for insight to the fear levels that exist in the global markets.  Demand for gold and silver have been near historically high levels for the past 12+ months and the...

Last weekend, I wrote an article entitled "The Market Is Going To Crash." The response to that article garnered over 55,000 hits on Seeking Alpha, which is about 4-5 times the reads that I normally get on a stock market update.

The rally which started on 5/03 appears to be coming to an end. This should be confirmed by next week. If so, the bears are ready to make their final statement with a decline into the low of the 40-week cycle. This would complete the triangle pattern and end the...

Last week was ‘A waiting game’ – now ‘Sell in May and go away’ - the annual ritual of the markets going quiet as summer begins to set in is in control again, with two weeks still to go before June brings the early heat of summer to most US markets.. Markets holding...

Oh my, oh May, oh me. "What's happenin', baby?" With respect to Gold? "Nuthin'!" To be sure, there've been some good earnings pops amongst the miners, but specific to the price of the yellow metal itself, the month of May thus far has been one big nuthin'. That said...

The week closed with the Dow Jones Index down 6.71% from its last all-time high in the BEV chart below. How hard would it be for it to make a new all-time high from here? Not very hard one would think, but I don’t have a horse running in this race so I’m not...

It’s the happy-go-lucky 3 Amigos (in play since we began this goofy metaphor last fall), which would signal macro changes to come. When you are talking about the macro however, things move slowly and to date, only one of our riders has made it to his destination.

Our proprietary cycle indicator is up. Gold sector is on major buy signal since early 2016. Major signals can last for months and years and are more suitable for long-term investors.

The mega-cap stocks that dominate the US markets are just wrapping up a truly-extraordinary earnings season. Naturally this first quarter under Republicans’ new corporate tax cuts fueled surging profits. But sales were up big too, which is no mean feat for massive...

Here are today's videos and charts.

The demand for gold is increasing, yet new discoveries of the precious metal have not kept pace with the demand. Funds for exploration are historically high, $54.3 billion, up 60 percent over the past 18 years.