Gold Editorials & Commentary

We continue to be bearish on gold as we have been for months. In fact our only recent change is that we are expecting a significant low earlier in 2017 than previously forecast. We have consistently maintained that this bearish phase is just a short-term...

Today’s rising interest rates and trillion-dollar losses in global bond markets are prelude to what is to come, i.e. rising inflation with higher interest rates ending in the bursting of the global government bond bubble and the long awaited breakout of gold.

Let’s start by recognizing that there is absolutely no holy grail to investing or trading. Rather, we only deal in probabilities when working within non-linear markets. To that end, there are a multitude of methodologies that are utilized in the market to gain an...

On election night, as political analysts were coming to terms with the possibility of a Trump presidency, the Dow Jones futures plummeted over 800 points, and Japan's benchmark Nikkei 225 plunged more than 6.1%. Investors across the country went to sleep with...

As all are well aware the price of gold initiated a new bull market since December 2015 (rising from $1,050 to its $1,376 peak in early July this year. Indeed it was a spectacular bull price run where gold soared more than +30% in only six months. Indeed spectacular...

The best performing precious metal for the week was palladium with a 7.14 percent gain. Bloomberg highlighted that automotive production in China grew 34 percent in September and 18 percent in October. As other gold investors are heading for the exit, billionaire...

The Trump Presidency has distracted from the next major move to be implemented by Financial Elite. That move is a cash ban. Cash, particularly physical cash (as in bills and coins) is a huge problem for insolvent banks.

The prices of US government debt securities have been falling since early-July and plunged over the past two weeks. This prompts the question: Where did all the money that came out of the bond market go?

Physical gold is a “hedge against governments,” a “long-term position” and is still “on a buy signal” in the longer-term according to Dominic Frisby writing in the UK’s best-selling financial publication Money Week this week.

Short-term investor sentiment may have turned bearish towards gold over the past week, but 2016 is still shaping up to be a very strong year for overall demand. Part of the reason is that central banks are still buying aggressively.

For the last two weeks, since the US elections, we’ve been discussing the possibility of strong inflection points building out on many different areas of the markets. These are areas where the markets can turn on a dime leaving those folks looking one way while the...

“The problem with central banks is that they increase the quantity of money in the same way that the problem with piping sewage into a swimming pool increases the quantity of water.” It’s not really about the quantity, is it? It’s about the quality.

SPX is giving us warning that it is at a short-term high and ready to begin a correction which, based on the timing of some minor cycle lows, could extend into early December.

Stocks present nothing special, even though indexes are acting nicely for now. Shipping stocks continued their wild upside action until they didn’t. Consequently, I ended up with some losses, since I didn't handle the trade properly. The odd time I play things wrong...

It has been almost two weeks since Donald Trump has been voted into the White House - and the mass media is finally getting their heads around his victory. Most analysts (well, actually all of them) predicted a victory for Trump would be excellent for the precious...

Let's start with this quote from last week's missive following Gold's post-election fallout: "Technically, we ought label this as 'technical damage'; however, given our expectations of the markets remaining nothing short of zany over the ensuing weeks, we hesitate...

Charts only indicate probabilities, not certainties. At the time of the last update, gold was setting up for another upleg within the uptrend shown on our 1-year chart below, but this was predicated upon the expected Clinton victory, so when Trump won instead, this...

While we expected additional weakness in gold and gold stocks (weeks ago) we did not quite expect the kind of selling the sector experienced in the wake of Donald Trump’s election victory. The market reacted by sending bond yields dramatically higher, which resulted...

During his run for the presidency, Donald Trump took the occasional break from insulting women and minorities to toss off some decent - even exciting - policy ideas. Term limits for congressmen and a ban on politicians becoming lobbyists, for instance, were straight...

America has chosen Donald Trump to be its next President and the world markets, whether metals, gold, bonds, equities or Forex are all highly volatile. In fact, I got long GDX and NUGT last week for a quick 5% and 11% gain with gold miners, a get-in and get-out type...

Gold sector is on a major buy signal but short term on sell signal. Cycle is down. Trend is down. Correction continues. I remain neutral and out of this sector. Silver is on a long-term buy signal. Short-term is on sell signal. Silver is more volatile than gold,...

Here are today's videos and charts

Gold prices in dollar terms came under renewed pressure today testing strong support at the $1,200/oz level. Gold dropped another 1% to near a 6 month low and is set for a second week of falls after the dollar soared again after Federal Reserve Chairwoman Janet...

Gold showed what it can do last week - by rising 5% during the period of uncertainty around the US Presidential election. In a classic, almost textbook, move, gold rose while the stock market and other indices and currencies fell - shown here by the long red arrows...

The gold miners just finished reporting their third-quarter results, which proved very impressive. While this small contrarian sector is now languishing in the doghouse following a brutal post-election selloff, the gold miners’ fundamentals are strengthening....

"It's the economy, stupid." This was the catch-phrase Bill Clinton’s campaign used in 1992 to help defeat George H.W. Bush. In this year’s presidential race, the slogan “Make America Great Again” branded the Trump campaign as a referendum against the economic...

There is a total misunderstanding of the role of gold and why it is so critical to own physical gold. Gold should not be bought or sold based on rumours or events. In connection with the US election, gold moved for totally the wrong reasons.

Who could possibly have predicted the astounding results of the November 8th Presidential Election? A lot of folks, it turns out. Better than 60 million at last count. But that doesn't include highly paid, and obviously over-paid, pollsters.

The election of Ronald Reagan in 1980 provides the best recent precedent for the unexpected triumph of Donald Trump (in my opinion, the other post-war Republican takeovers of the White House --Ike in '52, Nixon '68, and W. in '00 - did not constitute a real break...

The world is sitting at the edge of a massive deflationary cliff. Even though Central Banks are desperately trying to keep the world’s financial assets from plunging down into the great depression below, signs suggest they are losing the battle.