Gold Editorials & Commentary

Next Tuesday will mark four weeks since Indian Prime Minister Narendra Modi made his surprise demonetization announcement that has sent shockwaves throughout the South Asian country’s economy. In an effort to combat corruption, tax evasion and counterfeiting, all...

It is said that history has a sense of irony. The latest US election is not an exception. Consider the following… 1. Donald Trump campaigned aggressively on trade… particularly his opposing of the fact that the US gets taken advantage of by foreign nations via...

Oh, the tangled web we weave, when we seek to deceive. And sometimes, when we actually want to help – particularly when referring to vote-seeking politicians. Case in point, OPEC – which yesterday, pulled off the lie to end all lies in pretending to “cut production...

The broad US stock market actually looks better overall than it has done for several years, which may come as a surprise considering it has been in a bull market since as far back as early 2009. On the 10-year chart for the S&P500 index we can see that a...

The Indian Prime Minister announced on 8th November 2016 that Rs 500 and Rs 1,000 banknotes would no longer be legal tender. Linked are Part-I, Part-II and Part-III updates on the rapidly encroaching police state.

Gold prices are getting pummeled on a daily basis and appear to be coming down as fast as they went up. First we had Brexit which resulted in both the Euro and the British Pound getting sold off hard. When these two currencies lose value the US Dollar is forced to...

Gold bullion again gave back a $10 overnight pop on Wednesday in London, falling back to last week's finishing level at $1183 per ounce for the third session running as world stock markets rose and oil prices jumped on rumors of an OPEC output cut.

Donald Trump will be sworn in as the 45th President of the United States in January. Americans will then find out then if “Make America Great Again” is more than a campaign slogan. It isn’t going to be easy. On day one, he will inherit a $20 trillion federal deficit...

Last week I felt that if gold broke $1,180, it could see another $140 downside, taking it to the December 2015 lows of around $1,045. I also saw that the Relative Strength Index (RSI) was at the extremely low levels usually associated with bottoms.

The metals markets are all now hitting the downside retracement targets for support we have been speaking of and focusing upon since the market confirmed this pullback months ago. The market has positive divergences at the lows we are striking. The sentiment...

On Friday November 25, Fidel Castro died at age 90. The former revolutionary and hardline dictator of Cuba was among the 20th century’s longest-serving leaders, third only to Elizabeth II and Bhumibol Adulyadej, the King of Thailand, who passed away in October.

A modern economy typically involves millions of individuals making decisions about consumption, production and investment based on a myriad of personal preferences. It should be obvious that such a ‘system’ could never be properly described by any mathematical...

Well, we've finally reached "contract expiration" day as the Dec16 COMEX gold and silver contracts go off the board and into "delivery" at the close today. With total COMEX open interest now back to the levels of last December, could price finally be near a bottom?...

It’s been a wild ride in 2016 for most gold community investors. Rather than wane, the violent price action may be about to accelerate.

The Global Financial Crisis of 2007 wiped out over 50% of the Australian market share - and they are still some 20% below their peak. Aussie’s are still not back to a break-even point after a decade. One has to wonder if their losses will ever be recouped in light...

The gold and silver producers made a blistering start to the year. However, the second half of the year has been a totally different story. The chart below depicts the rise and fall of the gold producers which make up the Gold Bugs Index the HUI. This Index has now...

In a Frank Talk last week, I discussed the surge in small-cap stocks since Donald Trump’s election. A bet on smaller domestic stocks, I wrote, is a bet that Trump will deliver on his promise to “make America great again.” He plans to lower taxes, streamline...

The best performing precious metal for the week was palladium, up 2.83 percent. China boasted imports of silver, platinum and palladium in October. In addition, vehicle sales in Europe are up 4.7 percent through October in 2016 versus a year ago. Global auto sales...

The Italian banking system looks vulnerable to collapse whether the referendum is passed in Italy or not. Were the referendum passed, it may allow senior Italian and international bankers to further ‘kick the can down the road’ and delay the inevitable.

Sometimes, we think that every story in the gold community has the same template: I have inside information to share with you. My peeps are telling me that will happen. If happens, then the gold price will go ballistic. ( will happen, I just know it). So buy gold...

No rest for the wicked. With the shockwaves from Brexit and President Trump still reverberating around the world, the established order is bracing for more bad news. Next up is a December 4 Italian constitutional referendum that might end the reign of centrist Prime...

Last week failed to bring about the expected pull-back, but SPX is now technically even more vulnerable to a short-term reversal.

Last week we wrote that the 2016 bull market in gold and gold stocks had gone off course. It had moved too far out of the historical boundaries to remain a bull market. There was also other evidence of such including, but not limited to rising real yields. Gold’s...

Many are the potential fuses to be lit, which would create the conflagration, the massive bonfire of the bond vanities and bank charades. Many are the fuses lying around, all criss-crossed, all exposed, all overlapping each other in highly dangerous manner. If any...

Indian gold premiums have been falling over the past few weeks -- and that is very different than what we would have expected. We think now the moves in the Indian gold market have been related to Indians raising liquidity.

Despite the low interest rates and the subsequent underfunding of the pension plans, global debt levels have increased significantly since 2008. Debt across the nonfinancial sectors of almost every economy remains close to record highs, meaning that the potential...

Now, with Gold having since failed to hold 1199 and trading this past week to as low as 1170 toward settling out yesterday (Friday) at 1183, 'tis easy to quip: "What a turkey...", (which for our many international readers out there is, per the wordsmiths over at...

It’s always nice to have this long weekend before we make the mad dash to Christmas. With stocks generally strong into Christmas and all the cheer of the season, it’s always a busy and fun time of year.

The market reaction to Trump's election victory—stocks and the dollar up, gold down—was the opposite of what had been widely foreseen. Money manager Adrian Day takes a look into what happened and why, and discusses the outlook going forward.

Gundlach believes that Trump’s policies can raise the bond yields to 6% in the next 4 to 5 years. I believe that the recent surge in interest rates worldwide, with global bonds posting the biggest two-week loss ($1.8trn) in 26 years (since 1990) as President-elect...