Gold Editorials & Commentary

Gold remained the strongest of the precious metals this past week, seemingly stuck in a narrow trading range for much of the week. Silver did a little worse, falling 3.52 percent, perhaps related to Bank of America warning that silver could hit $12 per ounce on...

Those who place their faith in a sustainable economic recovery emanating through government fiat will soon be shocked. Colossal central bank counterfeiting and gargantuan government deficit spending has caused the major averages to climb back towards unchanged on...

On Friday night, terrorists launched coordinated attacks across Paris that killed at least 129 people and injured hundreds more. Will the deadliest terrorist attacks on a Western city since September 11, 2011 affect the gold market?

The last time I wrote, I said I was looking for a bottom in the US stock market around the 12th of November. I honestly thought we would pull back harder than we have. As of Friday November 13th, the SPX has tagged the .382 Fibonacci retracement of the September...

Anyone who has served in the military, particularly on active duty, knows what it means to “hurry up and wait” very well indeed. Some describe this as “extended periods of boredom separated by times of panic.”

The tragic events in Paris, terrorism and war throughout the world, show geopolitical risk remains high. These risks will likely impact economies and financial markets and will see continuing safe haven demand for gold.

In the past week, the market correction has greatly accelerated. It is not yet time to dismiss the present rally’s capability to make a new bull market high; but if the current trend continues, the projected primary wave V structure may have to be revised to an A-B...

The silver market has joined gold in a selling panic; a panic defined as a period of overwhelming down days, but not necessarily a period of crumbling prices. As with gold, it’s the silver bears panicking, not the bulls.

Lacking enough sleep, we write this morning with quite the want for more winks, a very dear broadcast friend of ours having been in the Stade de France last night and penning to us "...Viens juste de rentrer à la radio ... No word for describe the feeling..." We...

My brother always said he would only start to buy gold when the Fed finally raised interest rates because that would be the signal that inflation was a threat to the US economy and a bullish indicator for future gold prices.

Gold sector is on major sell signal. Cycle is down. COT data suggests lower prices ahead. Traders should sell short the bounces.Silver is on a long-term sell signal and investors should be in cash or short. Short-term is on sell signal and traders should sell short...

This week, we are ending our commentary portion, probably until January due to a pressing time commitment for the next several weeks. Starting from next week, we will post charts and chart comments only on this site. If you are not a subscriber and still want to...

Stocks looked good going into the week, but then began to crumble and later on in the week, tumble. Consequently, I did a lot of selling. You can always buy a stock back. So when I see the warning signs I don’t hesitate for long to do some selling.

Last Friday we wrote that precious metals were very oversold and due for a bounce or a pause. We also argued that the overall prognosis remained very bearish. The technicals argue for more downside and sentiment indicators remain far from bearish extremes.

Despite increasingly strong supply/demand fundamentals, gold prices have continued to tread water – more or less within a narrow $100 range – having hit overhead resistance a few weeks ago near $1175 and now testing support near $1075 an ounce.

Although the bond prices do not drive the price of gold, the spreads between prices of bonds or yields – the different sides of one coin – with different risk level may be an important factor for the gold market.

Technical Analysis via videos:

Gold stocks have suffered heavy collateral damage following the Federal Reserve’s hawkish surprise late last month, which ignited enormous gold-futures selling by American speculators. This devastated sector has been battered back down near last summer’s deep...

Nearly 92% of economists surveyed this week by the Wall Street Journal expect that our eight-year experiment with unprecedented monetary easing from the Federal Reserve will come to an end at the next Fed meeting in December.

A coalition of leftist parties who are against austerity has effectively ousted Portugal’s center-right government just few days after it took power. What does it imply for the gold market?

Russian central bank governor, Elvira Nabiullina spoke about Russia’s gold and foreign currency reserves today saying Russia intended building them up to $500 billion in the coming years. More importantly, she confirmed that Russia continues to see gold reserves as...

Over the last week we have used market sentiment indicators and index charts to gauge the prospects of finding a high on the post-September relief ‘bounce’ rally. During August and September market sentiment had become brutally over bearish and this was very...

The global economy is slowing down rapidly -- and it is conceivable that the developed world may face a recession next year. Already, the Japanese economy is contracting and even Europe is barely growing. Across the pond, the US is still muddling through but the...

My e-mail box has been filled up this week with panicked owners of gold and "trolls" – (indeed) it is sometimes hard to decipher which is which. I say this because the logic being employed is in some cases panic driven and in others just plain flawed, but similar...

With the dollar having recently risen to a new seven-month high, commodity prices are in retreat. The brown line in Chart 1 shows the CRB Index (of nineteen commodity markets) falling to the lowest level since August (through yesterday).

Debt overwhelms most people in debt based fiat currency economies (US, UK, Europe, and others). Credit cards, auto loans, student loans, mortgages, and more …

Everything is rosy, or is it? The Dow is flirting with 18,000 again but stocks are overvalued. Positive economic news is not so positive because it means that the Fed will push up rates. Bad news is just bad news.

We would like to update some of the charts on the possible inflection point we looked at about three weeks or so ago. That possible inflection point is still gaining momentum to the downside as the deflationary environment still looks good to go. No market goes...

Today, the World Gold Council published a new edition of its quarterly report on gold demand. What does Gold Demand Trends Q3 2015 say about the demand for gold in the third quarter of 2015?

Gold Demand Trends Q3 2015 was released by the World Gold Council today. The quarterly publication is the leading industry resource for data and opinion on global gold demand and examines demand trends by sector as well as geography.