Gold Editorials & Commentary

Our last two weekly missives have highlighted gold's being technically "high" near-term, (yet fundamentally undervalued -- understatement -- in the broadest sense). And as the above panel shows, gold remains higher than where 'twas at this time a year ago (1236),...

Both speculation and open interests are expanding, positive for overall higher prices. 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.

If it’s not in May it will very likely be in June. When the Fed will finally be forced to be honest and admit that it is wrong on the economy and therefore will have to drop its tighter monetary policy with as consequence that precious metals assets will skyrocket....

The past few days illustrate an important event in the gold market that both beginning and accomplished investors should try to understand thoroughly. I say that because by such an understanding you will become a more educated, patient and successful gold owner.

Since the 2008 recession, US households have lost nearly $13 trillion. Nine years after the financial crisis, the Trump reflation rally is up nearly 10 percent and since his election, U.S. household net worth have climbed an astonishing $93 trillion, on subsidised ...

Since we just finished tax season, many first-time gold investors might wonder what to do about their precious metals holdings. How are they taxed, and are there any legal ways to lessen those taxes?

Here are today's videos and charts

As a general rule the most successful man in life is the man who has the best information. John Exter was an American economist and a member of the Board of Governors of the United States Federal Reserve System. Exter is known for creating Exter's Pyramid - useful...

Gold’s young upleg just enjoyed a major upside breakout, bolstering strong technicals and heralding a coming Golden Cross buy signal.  Investors have started aggressively buying gold again after record-high stock markets distracted them.  This gold upleg’s upside...

It happens when inflammatory events (usually political, terror or war related, but also including things like Ebola, Bird Flu and the like) crop up; stocks go down and hysteria starts to build.  The mainstream media jump aboard…and next thing you know you’ve got...

France holds the first round of its Presidential election this weekend. The big worry for the markets is the fact that anti-Euro candidate Marin Le Pen could potentially win. Now, the polls show Le Pen as having NO chance of becoming Prime Minister. 

The paper silver open interest on the Comex is at all-time highs.  The previous all-time high was 224k contracts when the price of silver was pushing $50 in 2011.  The current paper silver open interest is 229k contracts with the price of silver at $18.  At least...

A few days ago, I postulated that despite the seasonal weakness most were anticipating in May and despite the sharp increase in Commercial shorting that was still below 2016 levels, the precious metals would buck conventional wisdom and advance further into even...

On technical aspects, gold is at a five-month high and surged above its 200-day moving average for the first time since November 2016. For four months, we've been researching some of the most advanced strategies to own gold, as we want to store wealth, but also grow...

Trump is speaking… but the markets still don’t hear him. On January 17th 2017, the Wall Street Journal published an article in which Trump stated point-blank that the $USD is “too strong.”The US currency took note, falling over 1% that day bringing it to critical...

Gold has no counter-party risk in a 2008-style crash. The continual devaluation of the US dollar is inevitable. Gold will eventually return to its true historic role as money. The destruction of government balance sheets, continual devaluations, and the widespread...

Before we look at tonight’s charts I would like to thank Sir Plunger for putting on the short oil trade this week while I was recovering from surgery. You won’t find a more through and in depth look at oil than what Sir Plunger offered. And wouldn’t you know it his ...

David McWilliams has written an interesting article in which he puts forward the case that Trump is likely to turn on the “enemy within,” the Federal Reserve and bully them into “printing money.” He points out that this was seen in 1971 when Nixon bullied the Fed...

Looking to diversify your portfolio? Choose investments with a low correlation to stocks and bonds. Hard assets like oil, real estate, natural gas, and other commodities fit the bill. But seasoned investors usually go for physical precious metals.

With much of the price action in gold driven by sentiment and technical analysis, you should keep an eye on the broader trends, even if you consider yourself a buy-and-hold investor. Traders use technical analysis to predict future market moves based on recent price...

SPDR gold (GLD) shares are currently trading at $122.14 per share. On Thursday (13 April 2017), the price of precious metals rose sharply after US President Donald Trump took a swipe at the USD, saying that it was trading too strong. The US Dollar Index has...

After surging towards $1300, gold is taking a well-deserved short- term rest.  Can the rally continue? Geopolitics news has gotten most of the credit for this rally, but Indian dealers have been buying huge amounts of gold in preparation for the April 28 wedding...

Western economies are “recovering”. How do we know this? We are told this, over and over and over again by our governments. Then this assertion is repeated thousands of times more by the dutiful parrots of the corporate media.

There still seems to be some doubt in many investors’ minds on how much gold there is in the world.  I continue to receive emails from individuals who read articles stating that the amount of gold in the world is much greater than the official estimate.  Recently, I...

President Donald Trump sent currency markets into a tizzy late Wednesday when he signaled his preference for a weaker dollar. “I think our dollar is getting too strong, and partially that’s my fault because people have confidence in me,” Trump told the Wall Street...

Gold and silver went up as the dollar went down, +$33 and +0.53 -64mg gold and -.05g silver. The prices of the metals in dollar terms are readily available, and the price of the dollar in terms of honest money can be easily calculated. The point of this Report is to...

As if you need more proof that inflation is finally starting to pick up, lumber prices rose to a 12-year high last week, supported mainly by expectations that steep duties will soon be levied on cheap softwood imports from Canada. Lumber futures rose to nearly $415...

No one familiar with financial market history would deny the fact that gold and the US dollar are negatively correlated, meaning that they normally move in opposite directions. Due to the close relationship between stocks and the dollar, gold typically finds itself...

The best performing precious metal for the holiday-shortened week was silver, up 3.01 percent, followed by gold, up 2.66 percent as geopolitical risks surrounding Syria and North Korea sparked demand for haven assets. Gold settled above its 200-day average for the...

Truth is a rare commodity on Wall Street. You have to sift through tons of dirt to find the golden ore. For example, main stream analysis of the Fed's current monetary policy claims that it will be able to normalize interest rates with impunity. That assertion could...