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Gold Editorials & Commentary

December 28, 2017

Earlier this week Yahoo! published ‘2017: The year the financial crisis officially ended‘. In it the author points to record-high stocks and cryptocurrency surges as some of the key indicators that the latest financial crisis is tightly wrapped up and now destined...

One of the hallmarks of late-stage bubbles is a shift of power from lenders to borrowers. As asset prices soar and interest rates plunge it becomes harder to generate a decent yield on bonds and other fixed income securities, so people with money to lend (like...

Predicting the future is a mug’s game, and in financial markets we simply cannot know tomorrow’s prices. All we can do is make assessments of the factors that can be expected to influence them.

December 27, 2017

February Gold has now climbed nearly $50 since turning on December 12 from within an inch of a 1237.40 correction target I’d flagged well in advance. The futures were trading a few points below 1290 on Tuesday, but they will need to leap past 1321.00 to imply that...

The media is filled with predictions for 2018. Will Trump survive another year? How will Brexit negotiations play out? Can bitcoin recover from its recent fall? What fake news will create the next disruption to the apparent status quo?

Over the short to medium-term gold is likely to be buffeted by conflicting cross currents as we will proceed to see a little later, so it is important to keep a handle on the big picture, and for this reason we will start by reminding ourselves how bullish the big...

At last, tax reform is happening! Last week, President Donald Trump celebrated the passage of the most important legislation so far of his presidency. The final bill falls far short of the “file on a postcard” promise of Trump’s campaign. It even falls short of the...

December 26, 2017

With the year quickly coming to a close, it might be time to start thinking about rebalancing the gold holdings in your portfolio. That includes bullion, jewelry, gold stocks and well-managed gold funds—all of which I recommend giving a collective 10 percent...

Merry Christmas to our American friends. Happy Christmas to the rest of the Anglosphere. Felicem natalem Christi to our Latin-speaking audience, and góðr jól to those who are reviving Old Norse as a great language!

While we are not out of the woods just yet, evidence it beginning to build, from a Price and Time perspective, that an Intermediate Cycle low has been left behind. Gold’s daily and weekly charts look constructive thus far as are the COT reports but the volume...

UBS strategist Joni Teves reports that gold is showing considerable resilience to the recent rise in U.S. real rates and more players view gold as a valid asset for diversification and a hedge against risk.

The many new integrated non-USD platforms devised and constructed by China finally have critical mass. They threaten the King Dollar as global currency reserve. Clearly, the USDollar cannot be displaced in trade and banking without a viable replacement for...

SPX may have made a temporary top at 2695 on 12/18, followed by a possible secondary high of 2693 last Thursday. On Friday, it declined down to 2678.13, which is a critical support level, and bounced weakly to 2684. The 20-wk cycle is due to make its low in the...

December 24, 2017

While gold is perceived to have lagged in 2017, the metal is actually up about 10% for the year, says Frank Holmes, CEO of U.S. Global Investors. In this interview with The Gold Report, Holmes discusses bitcoin and blockchain's dramatic rise, the future of precious...

Our proprietary cycle indicator turns up this week. To public readers of our updates, our cycle indicator is one of the most effective timing tool for traders and investors. It is not perfect, because periodically the market can be more volatile and can result in ...

December 23, 2017

Frank Capra’s 1946 film It’s A Wonderful Life is one that many families will be settling down to watch this Christmas weekend. A story that is ultimately about a suicidal man is one of the most watched holiday films of all time.

December 22, 2017

The gold miners’ stocks largely ground sideways in 2017, lagging gold’s solid rally. Being trapped in this vexing consolidation has decimated sentiment, leaving a bearish wasteland bereft of hope. But contrary to perceptions, this deeply-out-of-favor sector is...

Here are today's videos and charts.

December 21, 2017

Charts are fascinating! They reflect human action. We look at charts for direction, for support and resistance. Here is a chart (courtesy Stockcharts.com) that is just now in the process of showing a buy signal for gold mining stocks.

We approach 2018 having seen the seeds planted in recent years for a monetary revolution. They include the massive world-wide expansion of credit and debt since the last credit crisis, and the advent of potentially disruptive cryptocurrencies. Geopolitical shifts of...

L. Frank Baum wrote “The Wonderful Wizard of Oz” over a century ago. The story charms readers on several levels. The books and movie have been exceptionally popular. This interpretation describes the symbolism:

I would like to update some charts for the commodities complex as we are starting to see some action in this sector. Back in the summer months when we first started to get long some of the different commodities sectors, we got many breakouts from some very nice H...

December 20, 2017

The bond market is talking, but no one is listening. As I explain in my bestselling book The Everything Bubble: the Endgame For Central Bank Policy, the yield on the 10-Year US Treasury bond is the single most important interest rate in the financial system.

We're in the midst of a massive, transformational change that will redefine where we are, what we think is true, and where we believe the future is headed.

That line was only recently penned by the great Irish poet and philosopher, Paul Hewson. It no doubt applies here to our daily struggle against The Banks and their paper derivative pricing scheme.

The editors over at The Daily Reckoning have taken some time to speak to gold market experts about their thoughts and expectations for the precious metal in the new year.

Here is a really good question. Anyone out there lose money trading gold and silver or related mining shares in the past couple of months? I did. My friends did. The bulk of the managed money (hedge fund) players did. However, it's all "JUST FINE" because the Dow...

December 19, 2017

Are government, central banks, and fiat money the three biggest bubbles in the history of the world? I would suggest they are. The rise of private money (bitcoin) combined with the rise of China and India as economic empires is popping these bubbles. Against bitcoin...

Today marks the seventh day of Hanukkah, and in only seven days, many families across the world will be celebrating Christmas. Not only is it the season of giving, but it’s also time to reflect back on the past 12 months and look ahead to 2018.

The ironically named European Parliament’s Civil Liberties and Economic Affairs committees have backed plans by the European Union to introduce tougher checks and controls on cash entering or leaving the region.

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