Gold Editorials & Commentary

Last week, House and Senate negotiators reached an agreement on a five-year $305 billion highway bill, which would be partly financed by the Fed surplus funds. What does it imply for the Fed’s independence and the gold market?

During the last two weeks Gold first continued to slide down towards the big psychological number of $1,000. It seemed to be just a question of a couple more down days before Gold finally would reach this longterm target.
Yet on December the 3rd Gold became very...

With blood in the streets across the entire commodities sector, Future Money Trends interviewed ‘Silver Guru’ David Morgan of the Morgan Report about the outlook for markets and why he remains bullish on silver and gold.

Over the past year, while the U.S. economy has continually missed expectations, Federal Reserve Chairwoman Janet Yellen has assured all who could stay awake during her press conferences that it was strong enough to withstand tighter monetary policy.

-For over four years, capital has been flowing from Europe into the US Currency and Economy to get better returns. -The rising dollar and S&P 500 crushed commodities and emerging economies over the past several years. -Geopolitical uncertainty throughout the...

Gold reached a new low of 1065.80 in the overnight session, which is now a 50% retracement of the rally from 1045.40 to 1088.20. We did mention in yesterday’s Posts, that we thought we still had an incomplete impulsive sequence from the 1045.40 low to the current...

When times change, champions change with the times. To survive in the West’s new era of long-term slow growth, business owners have essentially had to reinvent themselves. Their mantra is adapt or die.

When the economic model for the U.S. and the world is based on ever increasing debt levels the end result will be an inevitable failure. How long could your home and family exist with a model based on always increasing your personal debt?

Fed Chairwoman Janet Yellen is going to raise interest rates in December. She basically reiterated her view on the economy and the future of the Fed policy on Wednesday at the Economic Club of Washington and said that the U.S. had recovered substantially since the...

Crude oil declined sharply and closed the previous week under the lower border of the consolidation (marked on the weekly chart), which suggests that further deterioration is just around the corner. Therefore, short positions (which are already profitable as we...

Oil is plunging again, this time in the wake of OPEC's inability to limit its members' production. The US dollar, meanwhile, is up on the divergence between Fed tightening and ECB/BoJ/BoC easing.

Ted Butler is globally recognized as a sterling pundit and erudite scholar in the silver industry. His writings about precious metals (especially silver) are comprehensive, detailed…and occasionally prophetic in identifying aspects that help determine silver’s...

Despite gold at near 6 year lows, global demand for physical bullion remains very high. This is clearly seen in the recent demand data from the US Mint and other mints and demand data from GFMS and the World Gold Council which shows very robust demand from Germany,...

The precious metals markets rallied strongly in recent days – action which came as a surprise to many. The gains last week snapped a 6-week losing streak for gold, silver, and platinum. Prices rose despite a stronger-than-expected November jobs report raising the...

This month, like many other months recently it’s the intentions of central bankers that are dominating the markets. It’s widely expected that the ECB and US Fed will drift even further apart in their basic policy stances this month. I’m pretty sure that view will...

“I find myself more and more relying for a solution of our problems on the invisible hand which I tried to eject from economic thinking twenty years ago.” – John Maynard Keynes, 1946

Although gold got most of the attention this week with its price gains, platinum was the best performing precious metal, rising 5.17 percent. The price gains in the metal did not transmit to stock gains for the platinum producers though, as the FTSE/JSE African...

So what exactly happened last Thursday? The markets (including the dollar) crashed...and this was not supposed to happen? It's actually quite easy to understand if you see what they did was "only a test" ...Do you understand what I mean when I say a "test"?

On Thursday the dollar reversed dramatically to the downside and on Friday gold broke out upside, with both developments being predicated by the most bullish gold COTs for 14 years.

The US Federal Reserve (Fed) and European Central Bank (ECB) have created a very dangerous situation.

The US economy added 211,000 jobs in November. What does it imply for the Fed policy and the gold market?

The Bank for International Settlements (BIS) has warned in its latest quarterly review that the current ‘uneasy calm’ in financial markets might be short lived, threatened by the Fed’s widely expected interest rate hike – the first rate increase in a decade.

First I would like to apologize for not having any posts on Friday as I had a previous commitment made several weeks ago. I told Fullgoldcrown Thursday night, of all the days to miss work it would have to be Friday.

Last week’s wild gyration in the index created some ambiguity as to which direction it wants to take over the short-term. A week ago, the indicators suggested that a little more strength could take place, but it was short-lived and was followed by a sizeable...

As I am prone to do, I often review recent articles about the metals to gauge the pulse of the market. While I will never rely on another person’s perspective, I always want to have a general understanding, at least anecdotally, of how the rest of the market...

Last week saw the SPX drop more than I thought it would (Dec 3 has been on my radar for a couple of weeks, the 7 week low) on the Drahgi speech that strengthened the Euro vs. the Dollar causing gold to spike. The short euro/$ pair was too heavily tilted in that...

On Wednesday I watched Janet Yellen on CNBC, (as usual with the volume muted) as she discussed “monetary policy.” CNBC provided a running commentary at the bottom of the screen with the two key points for everyone to take away from her prepared comments:

Specific to Gold's 30-point (+2.8%) gain this past week, in the spirit of our oft referring to the otherwise foundationless fluff of fiat monies as "bow-wow currencies", we rightly ask: "Who let the dogs out?"--(Baha Men, 2000). Answer? A couple of entities, really...

Rick Ackerman is the editor of Rick’s Picks, a 24/7 service geared to traders of stocks, options and index futures. He has more than 40 years of trading experience, including 12 in the pits of the Pacific Stock Exchange.

Stock markets showed some weakness on Wednesday…and then Thursday saw that weakness confirmed. Consequently, I locked in all my swing trading profits from the last couple of weeks, expecting further downside and about a week for a low to be established.