Gold Editorials & Commentary

By now, it would have been hard not to have read about the Justice Department’s landmark criminal indictments against three additional precious metals traders from JPMorgan. Two of the traders charged are current employees and include the head of global metals...

From Ralph Waldo Emerson: “It’s not the destination, it’s the journey.” His insight applies in life, investing, analysis, the S&P 500 Index, gold, silver and others. Consider these examples.

Gold sees selling of gold futures in electronic trading on NY Globex despite a bullish Fed rate cut and even more bullish attack by President Trump on the Federal Reserve.

We've been watching the markets today and over the past few days after the Saudi Arabia attack and are surprised with the real lack of volatility in the US major markets – excluding the incredible move higher, then lower in Oil.  The real news appears to be...

Both gold and silver prices moved higher yesterday but it were the miners that spiked. Looking at the last few sessions, have these moves changed anything? The FOMC releases its decision today, the markets are hesitating to move and it’s nothing surprising. It is...

When an economy turns from expansion to contraction there is an order of events. The first signs are an unexpected increase in inventories of unsold goods, both accompanied with and followed by business surveys indicating a general softening in demand. For...

The financial crisis of 2008 brought a renewed interest in Minsky's Financial Instability Hypothesis. It states that capitalist economies are inherently unstable due to the inner workings of the financial system.1 Minsky ignored interest as the underlying cause of...

JPMorgan’s head of precious metals trading and senior traders have been charged by the U.S. Department of Justice with rigging precious metal prices in a “massive, multiyear scheme”

Monday’s spike in crude oil prices could be a game changer – for geopolitics, for the economy, and for investors. Normally it would be foolhardy to draw big, sweeping conclusions from a single day’s trading activity.

On the weekend, there was a drone attack against the world’s largest oil processing facility and a major oilfield in Saudi Arabia. Oil prices have predictably spiked, but how will this geopolitical shock affect the gold market in the days ahead?

The USD Index soared relentlessly in the previous months and it happened in the face of more and more bearish news that should have made it decline. The USD Index showed strength even in light of US President’s calls for zero or negative interest rates! Is there...

Way back in January, I showed you that the price of gold had beaten the S&P 500 Index over a number of different time periods, including the month, quarter, year… and even the century (so far!).

Last week was the first time since the beginning of the rally from SPX 2835 that indicators displayed negative divergence at hourly, daily and weekly levels simultaneously.  This is a serious warning that the significant correction that I have been anticipating—I...

In this interview I discuss with Jochen Staiger of Commodity TV the massive energy accumulated in gold and silver over the last six years. Once this force unravels, it will lead to the next explosive move higher.

Last week, the prices of the metals fell further, with gold losing -$18 and silver falling -$0.73. On May 28, the price of silver hit its nadir, of $14.30. From the last three days of May through Sep 4, the price rose to $19.65. This was a gain of $5.35, or +37%....

Oil (Black Gold) surged over 15% after the attacks on the Saudi oil facilities; oil prices are now 10% higher with gold 1% higher and silver over 2% higher

No one said it would be easy for the laggard. Platinum made some strides, but it failed to get to the critical level. Platinum remains the precious bargain. Buying the dip using futures to take delivery. PLTM for those who do not want to hold the metal.

Why don't we start things off a tad differently this evening? Let me relate to you all a parable from the Book of Quantitative Easing where all is good and noble in the world of government oversight, the most widely used oxymoron in the history of mankind.

Several weeks ago, the market was in a precarious posture, and had an opportunity to drop down to my next lower targets between 2600-2700SPX. But, it invalidated the set up to point us down there for now, and began pointing back up towards resistance.

We've reminded our readers time-and-again per the above Gold Scoreboard that 1526 is our "aggressive" high forecast Gold price for this year. To be sure, following Gold reaching that 1526 target on 12 August (at 18:00 Pacific Time), price further punched through to...

Our proprietary cycle indicator is down. Speculation has peaked and will take weeks to unwind. Short-term volatility can be very sharp, stay focused on the big picture.

It was a hot monetary policy meeting yesterday. Faced with slow inflation and bleak growth, the ECB eased again, delivering a fresh stimulus package. What does it mean for the gold market?

Gold reversed hard last week after blasting higher for a month, leaving traders wondering why and what that portends. The answers are found in gold’s dominant short-term driver, speculators’ collective trading in gold futures. Their positioning has grown excessively...

Gold gained 1.7% after the European Central Bank unleashed easy money measures by cutting deposit interest rates and relaunched QE “for as long as necessary”

There is a very good chance that there will be a recession within the next 1-2 years, and this could even occur within the next few months.

The Fed cut the interest rates at the end of July. As the previous easing cycle started in September 2007, many analysts are saying that the current year looks more and more like 2007. We invite you to read our today’s article that compares the current year with...

It’s the most widely anticipated recession in history. The recession hasn’t arrived yet – and may not do so anytime soon – but the mainstream media still can’t stop talking about it.

The charts below are telling me we crash lower on 9/12 and again on 9/18-19ish.The expected 9/12 bottom should hold the SPX 2870 area. The 9/18 to 9/19 or the 20th move should go down below the 8/5 low to create an irregular bottom either on 9/19 or 9/20. 

Gold and gold stocks declined yesterday, but silver hesitated. Does this, plus the fact that gold is up so far in today’s pre-market trading indicate a short-term bottom? Or is the picture even on the verge of turning bullish?

WHAT BIG CON? There are so many in the worlds of central banking, economics, government, and money that we list only a few.