Gold Editorials & Commentary

Looking back at the events of last week, the S&P 500 finally took out the October highs at 2,941 intraday, making the 2018 bear market one of the shortest on record at 93 days (Sept. 21–Dec. 24). You will recall that I wrote in early January that the action of...

U.S. Representative Alex Mooney (R-WV) introduced legislation this week to provide for the first audit of United States gold reserves since the Eisenhower Administration.

The global economy would be in serious trouble if it weren’t for the rapid growth of U.S. shale oil production.  Since the 2008 financial crisis, U.S. shale oil production has increased by more than 6 million barrels per day.  Without these additional barrels of oil...

The National Association of Realtors (NAR – existing home sales reports) and the Census Bureau (new home sales reports) report monthly sales on a “seasonally adjusted annualized rate” basis (SAAR). Notwithstanding the reliability – or lack thereof – of the “seasonal...

Americans generally think of Europe first as a wonderful place to visit. They rarely ponder the economic and financial ties between the United States and European Union, but in fact these ties are extensive and significant to the stability of both economies.

The stock market took a dive, and gold with silver barely moved higher. Miners had little reason to rally, especially that they have been underperforming gold for many days now. And yet, gold stocks and silver stocks moved visibly higher. What if it isn’t just a...

Don’t be deceived by the lack of sizable moves in the currencies. They just want to lull you to sleep as they set sail on their next moves. By then, it could be too late to catch them. Doing so would certainly expose you to more risk while decreasing the potential...

There has been an uptick in market risk over the past couple of weeks, and that’s being reflected in dollar-yen and dollar-gold.

Shades of Smoot-Hawley!? Stocks plummeted for the second time in less than 24 hours Monday when Trump signaled to China’s trade negotiators that he means business. A long-delayed, $200 billion hike in tariffs will take effect on Friday because the Chinese reneged on...

Those sensible rules apply to gold and silver. ALWAYS INSIST ON A MARGIN OF SAFETY: Don’t buy gold or silver on margin. Always take physical possession personally or in non-bank storage vaults. Trust that governments and the banking cartel will drive nominal prices...

The most historically reliable way to create long term wealth is the reinvestment of cash flows over time, as earnings are earned on earnings, which are earned on earnings. Compound interest is the best known example, but the same principle of compounding cash flows...

Turkey’s debt problem, coupled with the plummeting lira, is arguably the most important risk factor for the nation’s economy. To make matters worse, far from it posing a threat just to Turkey itself, it also has the potential to inflict significant damage elsewhere...

Several weeks ago we wrote about the downside risk in the gold stocks. After the various gold stock indices formed distribution-type tops, the subsequent selling has been swift. Miners have plunged through moving averages and short-term breadth indicators quickly...

The roller coaster presidency of Donald Trump is currently riding high as the stock market races back up to new highs, economic data come in better than expected, and Congressional Democrats’ endless investigations come up empty handed.

Over the past several weeks, we have debunked the idea that purchasing power—i.e. what a dollar can buy—is intrinsic to the currency itself. We have discussed a large non-monetary force that drives up prices. Governments at every level force producers to add useless...

The US unemployment rate dropped in April to 3.6 percent, a level not seen since December 1969. So, everything must be great. With the exception of the renewed worries about the U.S.-China trade deal. On Sunday, President Trump surprised the markets again. What did...

Stocks rallied on Friday, as they retraced their Thursday’s decline following the monthly jobs data release. The S&P 500 index got closer to the record high again. But the broad stock market will sell off today following renewed fears of a trade war.

The last newsletter focused on the warning issued by Erik Hadik (Insiide Track)  that market cycles were coming together to reproduce another version of the September-December sudden and sharp market correction which was brutal but short-lived.

Large precious metals speculators raised their bullish net positions this week in the Gold futures markets after a couple of down weeks, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday....

Gold is setting up for a strong rising trend. Gold has formed a Cup and Handle Bullish pattern, and is now inside the Handle portion of the pattern.

For 2019, four months (plus three trading days in May) are in the books. And the wallflower at this year's Dance of the Markets so far is Gold, essentially "unch" from where it finished 2018 (at 1285), settling out the week yesterday (Friday) at 1280.

A new definition for tedium should be having to follow the Dow Jones; for weeks now it hasn’t done much to entertain market watchers.  I wish it would go up, or down, instead it just daily trades near to, but just short of a new all-time high.  It’s been like this...

I was going through some old long term charts I haven’t posted in many years to see if there was anything of interest to post tonight. With long term charts things don’t change very fast and the big picture can stay viable for years.

Gold sector is on major buy signal. The big picture in the dollar has become clear these past few weeks, as an ending diagonal is taking shape, which when broken, a new down leg will begin.

A slowing global economy, stock market turmoil, delays to interest rate rises and potential U.S. dollar weakness are expected to boost average annual gold prices to their highest since 2013, a Reuters poll found.

It is my privilege now to be joined by Bill Holter of JS Mineset and the Holter-inclair Collaboration. Since leaving Wall Street more than a decade ago, Bill has made a name for himself as an astute and highly respected market commentator and writer. And has teamed...

Here are today's videos and charts.

These record US stock-market levels are very dangerous, riddled with extreme levels of euphoria and complacency.  Largely thanks to the Fed, traders are convinced stocks can rally indefinitely.  But stock prices are very expensive relative to underlying corporate...

Notwithstanding today’s absurdly phony and propagandistic employment report, it’s becoming more apparent by the week that the Fed and the U.S. Government are once again preparing to print more money.

“The US dollar will collapse or it will be replaced by another currency” – we hear such statements all the time. Are they true? We decided to check these claims – so we invite you to read our today’s article about the US dollar’s international supremacy and find out...