Gold Editorials & Commentary

When I played pro hockey in Richmond, Virgina, it was during the era of "Slapshot!" and the Broad Street Bullies when gooning (fighting) was fashionable and an integral part of the sport. Stocking your team with two-or three enforcers meant that the finesse players...

In a January post, I showed how the price of gold rallied in the months following the 2015 and 2016 December interest rate hikes—as much as 29 percent in the former cycle, 17.8 percent in the latter. Gold ended 2017 up double digits, despite pressure from...

As everyone seems glued to their twitter accounts or their news feeds, the market has been both rallying and fading despite all the negative news of these trade wars that are supposedly going to tank our equity market.

Recent news about the US and China posturing for Trade Deals and the continued increase in rhetoric has weighed heavily on the markets these past few weeks.  Yes, trade issues are a concern for nations and fair trade is essential to support both economies.  Yet, the...

. . . And a season for every activity under the heavens. So too, a time for the bull and a time for the bear and it would seem we are in for a change of the seasons. A change of that nature is not a one day affair, but is spread over time. We are well aware of the...

As depicted above in the Scoreboard through these first 14 weeks of 2018, gold's weekly closes have been tightly arrayed between 1314 and 1349. That's all: a range of 35 points, (or +2.7% from low-to-high). Thus price sits tight despite so many plights from tariffs...

Our proprietary cycle indicator is up. Gold sector is on major buy signal since early 2016. GLD is on short-term buy signal. GDX is on short-term buy signal.

Summary: Timmy, a precocious ten-year-old opens a lemonade stand and learns about unbacked currencies. “Dad, I’m excited and ready for business. Mom made me sign an IOU when she gave me sugar and frozen lemonade so I have stuff to sell.” Timmy looked up at his...

We began months ago, noting the 3 Amigos destined for their goals. Here’s a post from November 2017 explaining the macro fundamentals involved: Amigo #1 (SPX vs. Gold): Either reach major theoretical resistance (it’s a ratio, after all) or abort mission by...

Do you know how much a trillion is (we refer here to the short scale)? A billion is hard enough to imagine, much less a trillion. But let’s try. We can write it as 1,000,000,000,000 – that’s a 1 with twelve zeroes. In other words it’s a million million, or ten to...

Here are today's videos and charts.

Something strange has been happening in precious metals lately. Gold has been doing a lot better than silver, even as the paper market internals have increasingly predicted the opposite. The result is a gold/silver ratio that’s near the top of its historic range:

The most powerful banker in the world, JPMorgan Chase CEO Jamie Dimon, just released his annual letter to shareholders. Behind Warren Buffett’s annual missive, Dimon’s letter is probably the most read and deliberated executive report out there. For one, Dimon is one...

We have been here before – twice. The first time was in the late 1920s, which led to the dollar’s devaluation in 1934. And the second was 1966-68, which led to the collapse of the Bretton Woods System. Even though gold is now officially excluded from the monetary...

The dollar is failing. Millions of people can see at least some of the major signs, such as the collapse of interest rates, record high number of people not counted in the workforce, and debt rising from already-unpayable levels at an accelerating rate.

The shift from low to high volatility in the markets is on. And almost by default, that’ll include gold and silver, since they’re inversely correlated to stock markets most of the time. We’ve already seen this at work. The S&P 500 fell 2.2% on April 2, and in...

The Prices Paid Index just rose for its fourth straight month to 78.1: its highest level since April 2011. Why does this matter?

Dollar values are falling, and many countries are recalling their gold reserves. Are we witnessing a resurgence in the gold standard?

John Maynard Keynes once famously called gold the “barbarous relic”. The emergence of the cryptocurrencies seems to validate that thesis. Will gold survive in the digital era?

With volatility returning to domestic equities, it might be time for investors to consider increasing their exposure to foreign markets, specifically emerging Europe. As I shared with you in January, emerging Europe countries, as measured by the MSCI EM Europe 10/40...

Today is the fiftieth anniversary of the assassination of civil rights leader Martin Luther King. He not only fought for the rights of minorities but he spoke out against inequality and the damage done by war.

As we, the research team at www.TheTechnicalTraders.com, continue to deliver sections of this multiple part global market research report centered around China and Asia as a catalyst for an impending global market/debt collapse, we want to make sure our readers...

There continue to be all sorts of purported analysts out there who insist that the price of gold is determined through physical supply and demand. These folks cling to the arcane notion that somehow fundamental factors are the key determinant of the daily price. ...

Will this Friday’s US jobs report be the catalyst that sends gold above the key $1370 resistance zone and ushers in a new era of institutional enthusiasm for gold stocks?

In an essay at the Monetary Metals blog headlined "Backwardation, the Bank of England, and Falling Prices" -- the firm's vice president of operations, Bron Suchecki, offers an explanation of one of the anomalies of the gold market, backwardation (when prices for...

Let’s tie two topics we have treated, one in exhaustive depth and the other in an ongoing series. They are bitcoin and capital consumption. By now, everyone knows that the price of bitcoin crashed. Barrels of electrons are being spilled discussing and debating why,...

Gold ended March with its best performance since 2011. The safe haven asset completed a third-quarterly rise thanks to a weaker dollar, interest-rate concerns, inflation nervousness and geopolitical tensions.

We've certainly got plenty to look at in coming days, but perhaps a good place to start is with a review of some of the latest COTs, because of their implications for the immediate future. The following charts make very clear why those in control of publishing COT...

Last Monday, the Shanghai International Energy Exchange launched the first futures contract for crude oil priced in Chinese yuan. It’s a major step forward in the process of international de-dollarization. Now Chinese and other international traders can buy and sell...

It is understood that precious metals investors are getting fed up with the action in the sector, as gold and silver backed off sharply yet again from resistance last Wednesday, yet this is nothing to be concerned about as both remain well above recent support...