Gold Editorials & Commentary

Throughout the last week, anytime stocks have begun to correct or drop, “someone” has bought S&P500 futures to prop the market up. Anyone who’s been involved with the markets for a while knows the difference between real buyers and manipulation. This is...

As I have been warning for weeks now, expecting a standard pullback in the metals and miners may leave you in the “DUST,” (yes, pun intended). You see, those with experience in the metals market know that the market will not usually provide much in the way of a...

The pensions’ time bomb is in “slow motion detonation” in the US, EU and internationally as pension funds around the world begin to go bankrupt.

We finally got the first dip in gold. Last week was an excellent chance to buy according to my mantra "buy the dip between $1,215 and $1,180". Unfortunately, our limit for silver was missed by just $0.02. As well our limit for UGLD was not reached. But we were very...

Stop me if you've heard this one before: A Fed official walks into a bar and says the economy is improving and rate hikes are appropriate. The patrons order another round to celebrate. Then disappointing data comes out, the high fives stop, and the Fed official...

Gold prices surged nearly 3% after the very poor jobs number on Friday. And those gains appear to be consolidating as concerns about the US economy and BREXIT deepen.

There are two patterns I’m watching very closely on the HUI, which will be a proxy for the rest of the PM stock indexes. This first chart is daily chart which shows the three small consolidation patterns that have formed since the January low. The top pattern...

In The End of Alchemy, Mervyn King, the former head of the Bank of England, writes about central banks’ frustration in dealing with the stagnant global economy. “Central banks,” he says, “have thrown everything at their economies, and yet the results have been...

The Fed traditionally embarks on an interest rate tightening cycle when inflation has started to run hot. This decline in the purchasing power of the dollar will nearly always manifest itself in: above trend nominal GDP, rising long-term interest rates and a...

A “slow-growth trap.” That’s how the Organization for Economic Cooperation and Development (OECD) described the global economy last week in its latest Global Economic Outlook. The group sees world GDP advancing only 3 percent in 2016, the same as last year with a...

On Tuesday of last week, I told the Western gold community, “This is a time for investors to position themselves for the next wave higher…and for gold stocks that wave may just begin on Friday morning!”

Gold rose at the end of last week on a data release. Short-term traders and no doubt news driven algorithms stepped in to bid gold up towards resistance. We believe these news events act as a catalyst to relieve oversold or overbought conditions. They do not alter...

Our analysis estimates how high will the current gold and silver bull markets (2000 to 2020) reach from a technical cycle perspective. We will not go over the detail of our cycle analysis based on Fourier transformation as they have been treated in several articles...

There are two views of the markets for the monetary metals. One, as we have discussed many times in this Report, holds that gold and silver will eventually go up so high that those who own the metals will be rich. This is the Schrodinger’s dollar view. Buy gold...

Last week’s opening paragraph: “If we are going to highlight improving fundamentals, which we did as gold out performed commodities and stock markets, then we also have to highlight and respect eroding fundamentals; no ifs, ands or buts.”
This week’s opening...

Let’s all get excited – $30 bounce on Friday – Hurray – Where are the Champagne glasses? Oh wait, we’ve seen this picture before and not that long ago. Back on 2 Feb (check the chart) we had a $53 bounce (76% higher than Friday’s bounce) and where did THAT get us,...

The extension of the SPX rally has run into resistance and stalled. At the same time, it has essentially reached an area of short-term projections. If it cannot break out to a new short-term high and regain its upside momentum, it will attract sellers and reverse...

In settling out the week yesterday (Friday) at 1247, gold reminded us of how swiftly it can move by soaring 22 points over a seven-minute stretch -- from 1216 at 05:30 Pacific Time to 1238 at 05:37 -- following the Bureau of Labor Statistics report of just 38,000...

For the first time in six years, our Primary Trend Indicator, a long-term trend stock market forecaster, generated a new signal, a Sell Signal on May 31st, 2016. The last signal change was a Buy in May 2010. These long-term Buy and Sell signals are rare, but have...

Nothing much happened in the stock market this past week. The Dow Jones managed to stay close to its BEV -2.5% line for the past six days. Though there were a couple of days that saw the venerable index declined into the triple digits, but the usual suspects made...

What could become the turning point in a war that had become intense in 2011 and in the rear guard battle that had started in late April, happened last week. For the first four days, the battle had become one of exhaustion; it seems the counter-force lacked the...

A serious crack appeared in the markets on Friday. This was due to the lousy payroll report of only 38,000 new jobs for May. The market expected 160,000 new jobs, but it turned out to be more than four times less… LOL. This is the worst jobs report since 2010.

We propose a very simple rule for investors and fund managers as a starting point for profitable investments. There is a misconception that only equity such as DOW will grow in time. In fact from our cycle analysis presented earlier and below, one should consider...

Weeks ago precious metals began a correction amid overbought conditions (in the miners) and very bullish sentiment in the metals. The recent Fed minutes helped accelerate the weakness, but it lost steam in recent days. A real stinker of a jobs report completely...

Gold sector is on a new major buy signal. The sharp spike on Friday caused the cycle to turn back up, we need to see follow thru buying to indicate that the pullback is complete. Silver is on a long-term buy signal. Short-term is on sell signal, a multi week...

Technical Analysis of The Markets Via Videos.

Since its high of almost $108/bbl in June of 2014, we have witnessed a stunning collapse in the price of oil. Indeed, in February 2016, a barrel of West Texas Intermediate (WTI) was trading at $26/bbl, a 76 percent plunge from the June 2014 highs. It has since...

From this vantage point, it looks as though the precious metals complex will trade opposite the stock market throughout the month of June. The miners look as though they are bottoming, while the stock market looks as though it is topping. The jobs report on June...

Gold weakened during May by about $100…from a high point of $1300 to a low of $1200. For technical analysts this is entirely within the normal correction zone of a third to two-thirds of the previous rise, which would be 84 to 167 dollars.

Gold bottomed in December 2015 at a major cycle low. Or did it? Financial Sense published in May an article by Tom McClellan, an excellent analyst: “Major Cycle Low Upcoming in Gold.” The low may be coming as this article suggests, or perhaps it has already...