Gold Editorials & Commentary

Markets continue to show some mixed action with Nasdaq leading on the back of not too many stocks making big moves. The S&P500 looks great with a cup and handle pattern…as stocks are starting to come around after a nice rest to complete new buy patterns.

The first round of the French Presidential Election is behind us. Now, the main developments in Europe which may affect the gold market – except the turmoil in the still fragile banking sector – are a run-off in France and Brexit. Let’s analyze them and their...

Usually, we endeavor to tie in our commentaries to gold and silver, sometimes straining the association, but in reality, there is much more affecting the price of PMs than meets the obvious.  There can be no question that the globalists running the federal...

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 first 100 days of the Trump administration have brought some surprises and disappointments – as well as some new threats and new opportunities for precious metas investors. Among the disappointments was President Trump’s inability to push Obamacare repeal...

When billions of dollars flow into an ETF, it’s safe to assume this is because of its popularity among investors. The VanEck Vectors Junior Gold Miners ETF (GDXJ), which invests heavily in junior gold miners around the world, can attest to this kind of popularity,...

Gold has suffered a sharp pullback over the past couple weeks, stoking much bearish sentiment.  While a variety of factors fed this selloff, the precipitating catalyst was a gold-futures shorting attack.  These are relatively-rare episodes of extreme selling...

Peak gold and silver and the case for peak precious metals on “our small, finite planet” was the topic for discussion on the latest episode of the Keiser Report.

Recent news from the World Economic Forum (weforum.org) has outlined recent core global economic functions and relationships (https://www.weforum.org/agenda/2017/03/worlds-biggest-economies-in-2017).  We found this interesting in both factual data and interpreted...

The internet is slower than molasses in January and hard to annotate charts, but I got a few updated. Below is the combo chart for the PM complex we’ve been following which shows the dominate pattern being the triangle consolidation pattern. Just before I left the...

Seems everyone (me included) is trying to spot when the next Intermediate Low in gold and PMs will be. Again, one of the things I am looking for is a failed short term Trading Cycle to confirm the move into the next Intermediate Low.

HUI is torn, frayed and downright bearish. What’s more, it’s been bearish since it started to drop from the SMA 200 failure point. In NFTRH, we managed bounce #1 (off the Dec. low) as just that, a bounce. Then we managed bounce #2 as just that, a bounce. It doesn’t...

Investors are under-estimating inflation risk. As a consequence, they are under-pricing inflation protecting assets including precious metals. The Federal Reserve has given itself the objective of engineering an inflation rate of around 2%. However, there are many...

Many markets are struggling with over-bought and over-sold conditions…but with reversals in view.

The Subprime 2.0 story is now gaining traction in the financial media. By way of brief review, here is the template for Subprime 1.0 (the mortgage meltdown).

Examine the picture below. The global economy thrives on debt and credit. We purchase essential products using debt/credit. The U.S. dollar bill is a debt of the Federal Reserve. All debt based assets have counter-party risk.

How does one construct a portfolio in an era of seemingly ever rising and highly correlated asset prices? Years of asset prices moving higher has changed both retail and institutional investors; it has changed the industry; and, in my humble opinion, those changes...

Of all the mini-bubbles now inflating out there, maybe the least explicable is the race among emerging market companies to borrow dollars. This has gotten them – and their governments — in huge trouble so many times in the past (see the Mexican default of 1982 and...

Gold takes it on the chin as the markets interpret the FOMC Announcement yesterday to keep a June rate hike fully in play. Furthermore, silver continues to lose to gold via the gold silver ratio. Lastly, copper prices sink off of a stunning 32% increase in LME...

Most people are probably aware of the saying "Sell in May and go away". This popular seasonal Wall Street truism implies that the market's performance is far worse in the six summer months than in the six winter months.

Gold Price –New York closed at $1,256.90 yesterday after closing at $1,257.20 Tuesday. London opened at $1,254.00 today. Overall the dollar was slightly weaker against global currencies early today. Before London’s opening:

After the U.S. economy disintegrated in 2008, due to the Banking and Housing crisis, Americans pawned off a record amount of gold.  How much gold?  Nearly, 32 million oz (1,000 metric tons).  That’s one heck of a lot of gold.   Matter-a-fact, U.S. gold scrap supply...

From a technical perspective, gold is recoiling from the weekly chart downtrend line and a daily chart overbought condition. The Stochastics oscillator I use for the daily gold chart is the 14,7,7 series.  It’s now at about 32, and decent rallies tend to begin after...

The price of gold is dominated by investment demand* to such an extent that nothing else matters as far as its price performance is concerned. Investment demand is also the most important driver of silver’s price trend, although in silver’s case industrial demand is...

This video discusses the daily and intermediate cycles in gold. Price is now expected to at least tag the lower intermediate cycle trend line around 1240. Following a brief bounce price will likely retest the lower triangle trend line at around 1140.

By now, anyone with a working brain knows that stocks are in a massive bubble. For most valuation metrics stocks have NEVER been more overvalued than they are today. However, up until now the question has remained, “what will be the needle that bursts this bubble...

In order for the central bank Ponzi scheme of fiat currency to work, especially on a global basis, the central banks learned early on that gold was the enemy of their scheme and, therefore, must be eliminated from the monetary system. The first real step was ...

For the bargain price of 36 AED (£5) I can buy Global Property Scene magazine, here in Dubai. This month it is running the headline ‘ Could Brexit be the making of the UK Property market?’

Last week I had the pleasure of attending Evercore ISI’s Energy Policy & Geopolitics Conference in Washington, D.C., where I visited with senior staff responsible for infrastructure and energy decision-making. The meetings were encouraging and highly instructive...

The markets are speaking, but no one is listening. The single driver of the stock market since election night is the hype of a Trump-policy driven economic boom. The economy is booming, but based on expectations NOT actual policy changes. This is a critical...