Gold Editorials & Commentary

Every once in a while, we reiterate the importance of knowing the trend. In fact, calling the trend the number one piece of information is vital. From it, everything else follows, in terms of knowing in which direction to base trade decisions.

Gold sector is on major sell signal. Cycle is down. COT data suggests a relief rally to begin anytime.Silver is on a long-term sell signal and investors should be in cash or short. Short-term is oversold and a bounce is due.

The bear market in the gold miners has been one for the record books but it is not over yet. Last week we noted that precious metals were on the cusp of making new lows while the US$ index was very close to another key breakout. This scenario remains well in play...

The Fed has created a very dangerous situation. Ever since 2009, anytime the markets came close to breaking down, “someone” (read: the FED) has stepped in a propped the markets up.

Technical Analysis via videos.

The beleaguered gold-mining sector continues to be plagued by monumental universal bearishness. Nearly everyone assumes the gold miners are doomed, that they can’t survive for long in a sub-$1200-gold environment. But this belief is totally wrong, a consequence of...

In 1964 Sean Connery starred in the movie “Goldfinger” in which the villain, a wealthy Brit named Goldfinger, attempted to revalue his personal gold hoard higher by a factor of 10. His plan was to detonate an atomic bomb inside Fort Knox making the US gold...

The Consumer Price Index increased 0.2 percent in October. What does it mean for the gold market? The cost of consumer goods finally rose in October, the first time in three months.

Yesterday’s rally was the most promising we’ve seen on the hourly chart in weeks. It surpassed no fewer than four prior peaks without taking a breather; moreover, the pullback has been shallow so far.

In August of 2005 I wrote an article entitled Waiting for Goldot. It seems silly now but the mood of the time was one of frustration for many gold bugs as the S&P 500 was on a robo grind upward and gold was seemingly going nowhere. The theme of the article was...

A couple weeks ago I called for gold prices to form a temporary bottom, make a failed rally and then continue lower into the 6-Month cycle low (December). However, the excellent October jobs numbers (271,000 vs. the expected 177,000) terminated the rally, and...

There’s a very important warning signal flashing in the financial market right now. Despite the importance of this signal, few people know about it…even fewer are talking about it.

The last 15 years have been among the most turbulent on record. Since the year 2000, America has experienced two recessions (including a near depression), two stock market crashes, numerous selling panics, two terrorist attacks, and one of the slowest economic...

Europe is in a very dark place. Under the cloud of on-going terrorist threats there is widespread fear of what the future holds – economically, socially and politically.

Yesterday, the minutes of the Federal Reserve's October meeting were released. What do they say about the Fed’s stance and what do they mean for the gold market?

No matter how you look at it, the global economic pie is shrinking. One might be able to argue this is not so based on individual statistical reports issued by various nations. The problem though is this, many reports do not line up with real world reports.

U.S. retail sales barely rose in October. They increased 0.1 percent, below the expectations of a 0.3 percent rise. What does it mean for the gold market? October is the third month of weakness in retail sales, a sign that consumers do not want to boost their...

The War on Cash and negative interest rates are huge threats to your financial security. Central planners are playing with fire and inviting a currency catastrophe. Most people have no idea what really happens when a currency collapses, let alone how to prepare…

For more than a year now, commodity prices have been under pressure from the strong US dollar and slowing global demand. This has made a huge dent in the balance sheet of many net exporters of resources, in turn weakening their currencies.

Is US inflation setup to upset the markets? Motivation for considering this question begins with graph to right. Plotted in that chart is the year-to-year percentage change for the median U.S. CPI. That measure is calculated monthly by the diligent elves at Federal...

In 2008, the world experienced the worst economic collapse in 80+ years. This collapse triggered a stock market crash that erased $30 trillion in wealth. Since that time, collectively Central Banks have cut interest rates over 600 times and have printed over $15...

There is absolutely nothing good that can be said about the mining stocks at this point. Then again, there has been little good to say about these things for a long, long time.

There are four unmistakable signals a financial crisis of epic proportions is headed straight toward us. And to walk you through each of them, bestselling author Mike Maloney has released a shocking new video. It’s the first episode of the all-new season of the...

It's all good. Just ask Janet Yellen or any hawkish Federal Reserve board member. Indeed, there have been some better readings on the US economy lately but things are far from outstanding.

In round numbers, these wars (in today’s dollars) were tremendously expensive: Vietnam War: Estimated cost is $740 Billion War on Drugs: Estimated cost is $1,000 Billion War on Terror, including Afghanistan and Iraq: Estimated cost is $1,700 Billion and counting...

We had mentioned in both of yesterday’s Posts, that we did not see an impulsive wave structure on the Intraday Chart in the rally from the 1073.00 low to 1097ish high. That suggested to us, unfortunately, that the 1073.0 low is going to be revisited again.

I’ve talked at length about the relationship between US money supply velocity and interest rates…and done so in a positive way. A modest rise in nominal interest rates encourages banks to make loans, and it makes those loans profitable. Most of the QE money has...

We are in a global economic collapse. And it is going to trigger a stock market crash. The Central Bank fueled “recovery” is officially over. Central Banks propped up the financial markets for six years. But the money was spent on financialization and accounting...

Gold kept falling last week and stayed within our forecast channel. Our long awaited fall to lower lows seems finally to be underway, a new lowest weekly close for over five years last week added to the bearish sentiment surrounding the metal.

From first to worst. Gold and silver were the best assets to own during the first decade of this century. During this second decade... not so much. Precious metals bulls have endured 4 years of prices drifting lower punctuated by periodic smash-downs and the...