Gold Editorials & Commentary

After dropping to a low of 1271.50 in yesterday’s day session, gold was nicely higher in the overnight session reaching 1286.70, at the time that this post was being written. Yippeee!!!

Friday was one of those days where you walk away from the screen for a minute and come back to find a completely different market. All it took was the FBI finding a trove of new Clinton emails, thus breathing new life into the Trump campaign and throwing what was a...

So here we are, eight days before America picks its poison, with most national polls showing a win for Hillary Clinton. If she pulls it off, she’ll become not only the first woman and first first lady to rise to the country’s highest office but also the first...

Are you worried about a market drop? I’m not, we’ve been preparing for what’s coming for weeks. Why do I think the markets will be dropping? 1) Globally bond yields are spiking. With bond yields rising, earnings yields will follow. The only way for earnings yields...

The air underneath stock prices is indeed getting very thin at these altitudes. According to none other than Goldman Sachs, median stock prices are positioned at the 97th percentile of historic valuations. Other metrics such as Median PE ratios, Market Price to...

Twice this week, the prices of the metals spiked. Once on early Monday due to a cause unclear to us. The second on Friday late morning (Arizona time) due to, get this, additional problems for Democrat Hillary Clinton. The stock market dropped at the same time that...

The next nine days or so will present gold with two major events both of which could impact on the gold price in different ways depending on their particular outcome and they are as follows: 1. Possible interest rate hikes in the US as the FOMC meet. 2. The US...

It now looks like gold’s correction is done and its intermediate base pattern is completing, and if so then we are at an excellent entry point for many better PM stocks, which have been savagely beaten down over the past several months - a necessary correction...

SPX500 continues its rounding top formation and may be in the process of forming a triangle consolidation, which should be followed by a sharp drop into the cycle low.

In our September report, we suggested short-term developments in gold markets often distract investors from more relevant long-term fundamentals, providing attractive entry points for the nimble-footed. On October 4, we believe just such an investment opportunity...

For the precious metals community the ultimate catastrophe would have the US dollar going to "zero". Of course, what is not part of this equation is what happens if industrial commodities rise much faster than the price of gold or silver. This has happened a number...

Once again reality trumps Hollywood: you cannot script this stuff ... well almost not: "Welcome to real life..." --(Spaceballs, MGM, '87) Ah, but first: with just Halloween left in October's trading balance, let's call it a month and bring up the BEGOS Market...

Do you believe that history repeats itself? If you do, then we just might be in for a 658% bull move in gold, to the $7,921 level (give or take a few pennies). That’s the type of bull move we had during the 2001 thru 2011 period (see chart). Will gold repeat that...

A very choppy week for stocks as we continue to get mixed earnings, which means equity markets are all over the pond…giving us no trend at all. I went to cash early in the week, then tried a few small trades only to be stopped out, so I continue to wait.

You have heard it before from us and probably elsewhere: The miners lead Gold. We have seen this every major turn dating back 16 years and it can also be the case with respect to short and medium term trends. While the precious metals sector has rallied over the...

Gold sector is on a major buy signal. Cycle is down, trend is down but that can change very soon. COT data is now favorable for a recovery. Silver is on a long-term buy signal. Short-term is on sell signal. Correction continues but can end soon. Silver is more...

Some economists, including San Francisco Fed President John Williams, have recently suggested raising the FOMC’s 2-percent inflation objective or implementing monetary policy through alternative frameworks, such as price-level or nominal GDP targeting.

I’ve seen a lot of commentary in which the author assumes that this year’s rally in the gold price is the first rally in a new cyclical bull market. It probably is, but at this stage — as the saying goes — the jury is still out. At this stage it’s best to reserve...

As the gold market takes a break in its journey to much higher levels, it is good to step back a bit and understand why gold has appreciated so dramatically in the last 100 years and why this will continue for many years to come.

The gold miners’ stocks have certainly had a wild ride this year. After initially skyrocketing out of deep secular lows into a mighty new bull market, they recently suffered a massive correction climaxing in an extreme plummet. This coincided with gold stocks’...

The US election is just two weeks away on November 8th, and one of Hillary Clinton’s most vocal critics on the business side is finance commentator and monetary expert Jim Rickards. Jim is in Sydney this week, armed with his latest book, hot off the press entitled ‘...

Technical Analysis of The Markets Via Videos.

The US-elections are getting close and while mainstream media is already sure about the outcome I think there is still room for a big surprise. Looking at the market it is clear that the participants are not as sure as the mainstream media. Otherwise we would have...

Whether you surf the Internet for information about the precious metals and mining stocks or receive newsletters by snail mail, you're exposed to predictions by all and sundry: How high will prices go? How long will it take? Will they remain elevated if/when they...

For almost two decades, these institutions manipulated rates for their own benefit. Is this the latest hedge fund rigging scandal? No, it’s the world’s leading central banks, including the Bank of Japan (BOJ) manipulating interest rates, after rounds and rounds of...

There is little doubt that the rapid expansion of both dollar-denominated debt and monetary quantities since the financial crisis will lead us into a currency crisis. We just don’t know when, and the dollar is not alone. All the major paper currencies have been...

The USD Index confirmed the breakout above March highs, silver outperformed temporarily, miners underperformed and… Despite this bearish combination, precious metals didn’t decline. Why wasn’t that the case? Will they still slide or will they rally from here?

For anyone wants to make money in the markets, you need to understand one thing. Bonds are the “smart money.” This doesn’t mean that stock investors are dumb. It means that the bond markets are much larger and much more liquid than the stock markets. Because of this...

At a monetary conference in Vienna back in 2014, the distinguished Frenchman friend, and occasional collaborator Jacques de Larosière proclaimed that the current world monetary order should be termed an “anti-system.” He has a point – an important point. Among other...

In June the UK shocked the world - or at least the world’s elites - by voting to pull out of the European Union. Economists predicted disaster, EU leaders threatened pain for British exporters and tourists, and the media settled in to watch the UK shrivel and die....