Gold Editorials & Commentary

The Federal Reserve guessing game ended Thursday after the FOMC made its decision on interest rate policy. The Fed left rates unchanged in a tip of the hat to investors who felt the economy was vulnerable to overseas weakness. This was what most on Wall Street...

We think we know that gold is no longer money, because Keynesians and monetarists insist it is so. Furthermore, it has been replaced by government currencies, which we use to buy and sell, do our accounts and pay our taxes. While it is undoubtedly true that gold is...

Given the emerging realisation that the Chinese Emperor has no clothes, and given the lacklustre performance of the Japanese, French and UK markets, and given that Germany’s economy is heavily dependent on exports, where will the growth come from?

Gold rose 1.3% yesterday ahead of the Federal Reserve interest rate announcement today. Markets remain divided and uncertain whether the Fed will increase rates by 25 basis points today (1900 GMT).

A long time ago a friend need help cleaning a kitchen after a pressure cooker had exploded. Apart from a large hole in the ceiling and some broken things all over, it was necessary to clean practically every square inch of every surface, walls and the ceiling...

Here at TDV, we’ve covered Shemitah and the Shemitah end-day extensively. Without rehashing past analysis, we can certainly speculate that Thursday’s Federal Reserve decision could have an explosive impact on markets worldwide. Call it a Shemitah Trend.

For about the last year and a half I’ve been warning that gold was being driven down to test the last C-wave top ($1033). No one believed me. Now that the test has occurred it’s time to go the other way. Again no one believes me.

Most gold owners are familiar with worries of forced government gold confiscation – that one day black-ops shock teams will toss homes to find that stash of coins and bars.

Yesterday was a very interesting day, first my mailbox was jammed with readers saying "did you see what Bron Suchecki had to say about you"? Then a second wave of e-mails came through asking if I had seen the article Kitco put out regarding COMEX inventories?

Recently I spoke with Jim Rogers about the most important investment lessons he has learned over the years. Jim is a legendary investor and true international man. He’s always ahead of the game. Jim made a bundle by investing in commodities in the 1990s when they...

Will she raise or will she not? As financial markets focus on whether we will see a Fed rate hike this week, investors may be in for a rude awakening.

While the drain of COMEX gold and silver Registered inventories continues as demand for physical precious metals increases, JP Morgan experienced a 45% decline of its Registered Gold Inventories in one day. JP Morgan now only has a lousy 10,777 oz of gold remaining...

Gold has risen to near record highs in a few currencies internationally. Bullion is again acting as a safe haven for people throughout the world whose currencies are devaluing and for those who are fleeing instability, terrorism and war.

For the last several years, many of you may remember that my downside target box for the GLD was within the 98-105 region (with an ideal target of 98), for silver it was between 12.75-14.00 (with an ideal target of 12.75), and the GDX was within the 9.60-13.21...

When the markets were disintegrating approximately two weeks ago and if you were one of the lucky few that opted against joining the bandwagon of panic, you should have had a feeling of déjà vu; sort of like the movie ground hogs day.

Markets are very quiet ahead of the FOMC decision. Gold dipped to 1101.50 in the overnight session, before recovering. We indicated in yesterday's End of Day that we were NOT sure that the correction from the 1108.80 high was complete at the 1102.60 low. The 61.8%...

There is so much to comment on today, it's hard to know where to start. As the title suggests, "war" seems to be the theme. Before getting into the meat, I read an article by Simon Black "The last time this happened was ...never".

Most mainstream money managers and gold analysts believe that US rate hikes are deflationary. In contrast, in the current global economic environment, I see them as inflationary. I made it clear several years ago that I viewed QE as a deflationary force, and...

This week all eyes and ears will be focused on the Federal Reserve's policy statement to be released at 2:00 pm ET Thursday. The Fed has three major paths they can take, with various permutations and combinations flowing off the base scenarios:

One of the best interviews we have seen about gold in recent weeks took place last week. It was a Bloomberg interview which involved Peter Hambro being interviewed by Francine Lacqua and Manus Cranny on Bloomberg Television’s “The Pulse.”

One of the current myths promulgated by Wall Street is that the Federal Reserve will raise rates once this year, breathe a sigh of relief, and be done until the "12th of never". But those who are familiar with our central bank's history are aware that the Federal...

Palladium was the best performing precious metal for the week, up 4.08 percent. According to Goldman Sachs, 70 percent of global palladium demand originates from catalytic convertors found in gasoline dependent motor vehicles. Auto demand has been more than robust,...

The original plan for this writing was to point out how volume has dried up from the retail side -- and the machines have taken over. Wall Street has ruined its own "golden egg" by fleecing the public too many times. The little guy has left and for the most part...

New York closed Friday with the gold price at $1,108.40, up $1. This morning gold was trading at $1,108.00 in Asia. In the euro this was 976.60 down €12.99. This morning the dollar index started the day at 95.09 one full point down from 96.09 on Friday.

The Golden Fleece – or 3 Ways to “Get-Rich-Quick” Buy a few congresspersons, or preferably a president, and obtain a “no-bid” contract to provide something to the government at a huge markup. It could be Tamiflu vaccine, security services in Iraq, TSA scanners,...

To paraphrase Jim Grant, gold’s perceived value in US$ terms is the reciprocal of confidence in the Fed and/or the US economy. That’s why the things I refer to as gold’s true fundamentals are measures of confidence in the Fed and/or the US economy. I’ve been...

Take a good look at the long-term chart shown and let it liberate your imagination. It’s not difficult to see the force of gravity at work here, pulling the S&Ps toward a trendline that lies 250 points below. Notice how, when the futures swooned last autumn, the...

Consider the sport of betting on the sport of horse racing. It’s actually similar to the analysis of the gold and silver markets. How’s that? First, there is the manic-depressive crowd. Sometimes (as we are told—we don’t hang out at race tracks) the bettors...

I would say without a doubt the most lopsided trade in the world right now is the long dollar trade. Virtually everyone has become convinced that the dollar is going to 110, 120 or even 160. Folks, when everyone is thinking the same thing … then no one is thinking....

Tonight we’ll look at the precious metals complex to see how this game of psychological warfare looks from a Chartology perspective. I know many are disappointed by the short-covering rally at the end of Friday’s trading, but this is how markets work.