Gold Editorials & Commentary

To understand the relationship between the gold ETFs’ inventories and the price of gold it is necessary to grasp how the ETFs work. As we already know, the aim of gold ETFs is to replicate the performance of gold.

The Fed is “one and done” for rate hikes. We called this back in mid-2015. The US economy is far too weak for the Fed to engage in anything resembling a series of rate hikes. Corporate leverage, household leverage, even the national debt stand at levels that limit...

Almost all of those in the precious metals community are avid consumers of news and statistics pertaining to gold and silver [PMs], such has how many tonnes of gold are being purchased by China, mostly. How much gold does China really own, certainly far more than...

Gold-mining stocks surged higher this past week after breaking free from their high consolidation. This newest upleg catapulted gold stocks to a doubling in less than 3 months, a remarkable world-leading performance. But despite its quick doubling, this red-hot...

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent in March, following a 0.2 percent decline in February. The core CPI, which excludes energy and food, rose 0.1 percent, following a 0.3 percent increase in February. It was the smallest...

The broad stock market broke above its recent consolidation, as the S&P 500 index reached its late December local high above the level of 2,080. We still can see technically overbought conditions that may lead to uptrend's reversal or downward correction at some...

And it wants more of it. From mid-2014 until early 2016, commodities as an asset class collapsed some 45%. This was an all-out bloodbath. But despite this collapse in prices, inflation began to perk up.

The Winter of 2015-2016, which came to an end a few weeks ago, has been officially designated as the mildest in the U.S. in 121 years according to NOAA. While this fact will certainly add a major talking point in the global warming debate, it should also be front...

Who is buying gold and why is the question posed by The Telegraph today.

Americans purchased fewer goods and services at retail stores in March. What does it imply for the gold market?

The Dow Index just keeps plugging higher…but all good things must eventually end. So let’s review the daily chart to see where the good times are likely to end.

The shock of the Panama Papers rippled with sensational headlines involving over 100 politicians from Iceland, Russia, China, United Kingdom and Argentina amid allegations of illegal offshore accounts set up by Mossack Fonseca, a Panamanian law firm.

Last week’s message to you regarding the "Panama Papers" release suggested..."don't be duped". What impressed me immediately as very strange was;...there were no Americans or Europeans on the list of tax cheats, etc., with the exception of David Cameron's father...

If one were to describe, in a word, the singular quality of gold that gives it value both as money and a wealth preservation asset, that quality is integrity. Physical gold cannot be printed, it cannot be conjured by a central bank or government official, it cannot...

As Central Banks continue to prop up the financial system with massive monetary printing, the death of paper money grows closer each passing day. While it is true that the Fed and Central Banks have been able to postpone the day of reckoning much longer than most...

While we still do not have a long-term confirmed bottom in the metals complex just yet, the price action is quite indicative of a very bullish market. You see, when the metals are truly in a bullish trend, they do not see deep retracements, which forces market...

The U.S. economy continues to slow down. In the second quarter of 2015, the U.S. economy rose at an annual rate of 3.9 percent versus – 2.0 percent in the third quarter, and – 1.4 percent in the fourth quarter.

Buy gold is the call of HSBC technical analysts, who are becoming increasingly bullish on gold and increasingly bearish on stocks as reported by Business Insider.

Spring has sprung for precious metals mining stocks. The HUI gold stocks index surged 6.2% on Monday to close at a 14-month high and today brings even more gains. The HUI chart shows a strong base was built from last summer through this January…and from that base a...

The FDIC just completed training all bank personnel to calculate deposit insurance coverage for Deposit Accounts, Revocable Trust Accounts and all other accounts held in banking institutions UNDER $1 B. in assets. What is the FDIC doing at banks over $1 B in assets...

What Do We Want From Gold? Roosevelt proved that gold was a political/financial tool, and its value is politically governed. Nixon proved two things: that the “Gold Standard” was nothing more than an arbitrary political tool, and indeed he made gold “legally” not...

Gold reached a new high for our wave !b! of ^iv^ triangle rally in the overnight session at 1264.60, at the time that this Post was being written.

The price action continues to be superb for most mining stocks held by the Western gold community. Now, silver bullion is poised to join the upside fun. That’s an indication that the current rally will enter its final stage. The final stage of a major rally in any...

On Thursday, Janet Yellen appeared with her predecessors Ben S. Bernanke, Alan Greenspan (via teleconference) and Paul Volcker for a roundtable discussion at the International House, New York. This was the first time all four spoke publicly together.

There was little change in this week’s Commitments of Traders report when it came to the positioning of traders within the gold futures market.

The desperation that was evidenced by the GOP's Colorado decision was just one of several symptoms that suggest the authorities are losing control. After examining the charts, I think we are days/weeks away from a market crash. Here's the reasoning:

Below is a daily chart for the HUI which shows one of the original patterns that formed what turned out to be a Diamond Reversal pattern to the upside. There are at least several more reversal patterns that formed at this most important low.

he best performing precious metal for the week was silver, up 2.05 percent. Reuters reports that Mario Cantu, the General Coordinator of Mining for Mexico (which the U.S. Geological Survey estimates was the world’s biggest silver producer in 2015), expects to see...

Sometimes certain chart patterns morph into others and vice versa. Gold and Silver are still holding to their Head & Shoulder patterns while the miners are developing different patterns due to relative strength.

For years the best trading strategy in gold and silver has been to buy when the ‘net short’ position of commercial traders was low, and sell when the numbers were high.