Gold Editorials & Commentary

Many assets show signs of being immersed in bubbles right now. The most obvious example is the cryptocurrency speculation, which includes Bitcoin, the numerous and rapidly-multiplying Bitcoin alternatives and, more recently, the stocks that are involved in...

The gold miners’ stocks have largely ground sideways this year, consolidating their massive 2016 gains. That lackluster trading action, along with vexing underperformance relative to gold, has left gold stocks deeply out of favor. But these uninspiring technicals...

Here are today's videos and charts.

– Bank of England raised interest rates for the first time in ten years

– President Trump announces Jerome Powell as his choice to lead the U.S. Federal Reserve

American consumers were more willing to open their wallets in September, an encouraging sign of what Santa might bring for investors this year. According to the latest Bureau of Economic Analysis (BEA) data, consumer spending in the U.S. rose a robust 1 percent...

Across Europe many voters and politicians are expressing their dislike at the bureaucratic and overarching approach of the European Union. There are also regions and countries pushing to break ties with others that they have long been associated with. Catalonia is...

According to the Wall Street Journal, Jerome Powell will be the next Fed Chair. Whether or not this is fact is difficult to tell. Neither the White House nor Powell himself has confirmed the news.

Gold, ornamentation and money: that was the sequence of events. Man discovered gold, found it malleable, durable and attractive. It was first used for ornamentation, then as social economics evolved into the division of labour, its value as ornamentation and its...

Mr. Trump will replace Chairperson Yellen next February. Good. The job is responsible for safeguarding the US economy and the Fed is a source of global financial stability or recently instability. Yellen viewed inflation a bit of a “mystery” citing the Fed’s...

“President Trump, in complete contradiction to candidate Trump, has praised Yellen for being a ‘low-interest-rate-person.’ One reason Trump may have changed his position is that, like most first-term presidents, he thinks low interest rates will help him win...

To paraphrase Einstein, not everything worth measuring is measurable and not everything measurable is worth measuring. The purchasing power of money falls into the former category. It is worth measuring, in that it would be useful to have a single number that...

One of Italy’s twenty regions is calling for more autonomy from the state following a nonbonding referendum. Why? Because a government supported ‘rescue package’ caused the lifesavings of 200,000 savers to be wiped out during the  implosions of Popolare di Vicenza ...

I’ve suggested that investors may need to look beyond the Head & Shoulders Top formations that recently appeared on bullion and many precious metal stocks.

The world’s top gold producer saw its mine supply plummet by 10% in the first half of 2017.  According to the GFMS World Gold Survey newest update, China’s gold production in 1H 2017 fell the most in over a decade.  The fall in Chinese gold production is quite...

This week markets will be watching the UK with baited breath as the Monetary Policy Committee meets this Thursday to discuss a potential rate rise.

My good friend Pierre Lassonde, cofounder and chairman of Franco-Nevada, doesn’t know how we’ll replace the massive gold deposits of the past 130 years or so. Speaking with the German financial newspaper Finanz und Wirtschaft this month, Pierre says we’re seeing a...

Crooked bankers are all over the headlines again. The world’s largest metals hedge fund, Red Kite Management, Ltd., is suing Barclays for rigging copper prices. Federal prosecutors launched an investigation of Wells Fargo bankers working on its foreign exchange desk...

The big news last week for the Precious Metals sector was that the dollar broke out of its Head-and-Shoulders bottom to start its “Swansong Rally”, a development predicted in the last update, and for weeks before that. This caused PM sector stocks to break sharply...

The best performing precious metal for the week was palladium, down slightly by 0.42 percent.  Germany’s BASF noted that the automotive industry appears to be responding to the price surge in palladium this year and are slowing down purchases.

Washington, DC - Congressmen Alex Mooney (R-WV) and Frank Lucas (R-OK) delivered a formal letter to the United States Mint and Secret Service, urging aggressive action on the growing problem of high-quality counterfeits of U.S. precious metals coins entering the...

Warren Buffet famously proposed the analogy of a machine that produces one dollar per year in perpetuity. He asks how much would you pay for this machine? Clearly it is worth something more than $1.00. And it’s equally clear that it’s not worth $1,000. The value is...

Lords of the tech world Peter Thiel and Steve Wozniak are the latest to add fuel to the bitcoin versus gold debate. At separate conferences both told audiences that they had great hopes for bitcoin, comparing it to gold. The co-founder of Paypal and the Apple co-...

Yesterday saw one of our most important predictions become reality—the dollar broke decisively out of its Head-and-Shoulders bottom. We can clearly see this breakout on the latest 6-month chart for the U.S. dollar index shown below. Fundamental reasons for this are...

Another minor top was projected for this week, and the market complied once again. We’ll continue this price action until we can say “the intermediate top has arrived!” But that could still be a couple of weeks away and, in the meantime, more new all-time highs are...

As the US Stock Market Bubble continues upward toward a giant pin, there are some interesting developments that precious metals investors will find quite interesting.  Yes, there’s still a lot of life left in the precious metals, even though pessimistic market...

"But time is money, mmb..." So is Gold, Squire, as well as its being a store of value, (unlike popular equities past such as Bear Stearns which slid from $159 to $2, or Enron, its skid from $90 to 60¢, or even contemporarily the 35 companies in the S&P 500 that...

Not much new with the stock market this week. With the market advancing that isn’t bad news. Last week the Dow Jones closed at new all-highs on each day, but did so only on Tuesday this week. Still on a weekly basis, the Dow Jones found itself at a new all-time high...

Gold prices fell on Thursday after a central bank policy announcement. The dollar index rallied after the European Central Bank (ECB) said it would reduce its bond purchases but hedged the move by also extending the lifespan of its bond-buying program. While the...

Long-term – on major buy signal. Short-term – on sell signals. Gold sector cycle is down. COT data favors overall higher gold prices. We are holding gold related ETFs for long term gain.

It is my privilege now to welcome in Axel Merk, president and chief investment officer of Mark Investments, and author of the book Sustainable Wealth. Axel is a highly sought-after guest at financial conferences and on new outlets throughout the world, and it's...