Gold Editorials & Commentary

The metals markets are all now hitting the downside retracement targets for support we have been speaking of and focusing upon since the market confirmed this pullback months ago. The market has positive divergences at the lows we are striking. The sentiment...

On Friday November 25, Fidel Castro died at age 90. The former revolutionary and hardline dictator of Cuba was among the 20th century’s longest-serving leaders, third only to Elizabeth II and Bhumibol Adulyadej, the King of Thailand, who passed away in October.

A modern economy typically involves millions of individuals making decisions about consumption, production and investment based on a myriad of personal preferences. It should be obvious that such a ‘system’ could never be properly described by any mathematical...

Well, we've finally reached "contract expiration" day as the Dec16 COMEX gold and silver contracts go off the board and into "delivery" at the close today. With total COMEX open interest now back to the levels of last December, could price finally be near a bottom?...

It’s been a wild ride in 2016 for most gold community investors. Rather than wane, the violent price action may be about to accelerate.

The Global Financial Crisis of 2007 wiped out over 50% of the Australian market share - and they are still some 20% below their peak. Aussie’s are still not back to a break-even point after a decade. One has to wonder if their losses will ever be recouped in light...

The gold and silver producers made a blistering start to the year. However, the second half of the year has been a totally different story. The chart below depicts the rise and fall of the gold producers which make up the Gold Bugs Index the HUI. This Index has now...

In a Frank Talk last week, I discussed the surge in small-cap stocks since Donald Trump’s election. A bet on smaller domestic stocks, I wrote, is a bet that Trump will deliver on his promise to “make America great again.” He plans to lower taxes, streamline...

The best performing precious metal for the week was palladium, up 2.83 percent. China boasted imports of silver, platinum and palladium in October. In addition, vehicle sales in Europe are up 4.7 percent through October in 2016 versus a year ago. Global auto sales...

The Italian banking system looks vulnerable to collapse whether the referendum is passed in Italy or not. Were the referendum passed, it may allow senior Italian and international bankers to further ‘kick the can down the road’ and delay the inevitable.

Sometimes, we think that every story in the gold community has the same template: I have inside information to share with you. My peeps are telling me that will happen. If happens, then the gold price will go ballistic. ( will happen, I just know it). So buy gold...

No rest for the wicked. With the shockwaves from Brexit and President Trump still reverberating around the world, the established order is bracing for more bad news. Next up is a December 4 Italian constitutional referendum that might end the reign of centrist Prime...

Last week failed to bring about the expected pull-back, but SPX is now technically even more vulnerable to a short-term reversal.

Last week we wrote that the 2016 bull market in gold and gold stocks had gone off course. It had moved too far out of the historical boundaries to remain a bull market. There was also other evidence of such including, but not limited to rising real yields. Gold’s...

Many are the potential fuses to be lit, which would create the conflagration, the massive bonfire of the bond vanities and bank charades. Many are the fuses lying around, all criss-crossed, all exposed, all overlapping each other in highly dangerous manner. If any...

Indian gold premiums have been falling over the past few weeks -- and that is very different than what we would have expected. We think now the moves in the Indian gold market have been related to Indians raising liquidity.

Despite the low interest rates and the subsequent underfunding of the pension plans, global debt levels have increased significantly since 2008. Debt across the nonfinancial sectors of almost every economy remains close to record highs, meaning that the potential...

Now, with Gold having since failed to hold 1199 and trading this past week to as low as 1170 toward settling out yesterday (Friday) at 1183, 'tis easy to quip: "What a turkey...", (which for our many international readers out there is, per the wordsmiths over at...

It’s always nice to have this long weekend before we make the mad dash to Christmas. With stocks generally strong into Christmas and all the cheer of the season, it’s always a busy and fun time of year.

The market reaction to Trump's election victory—stocks and the dollar up, gold down—was the opposite of what had been widely foreseen. Money manager Adrian Day takes a look into what happened and why, and discusses the outlook going forward.

Gundlach believes that Trump’s policies can raise the bond yields to 6% in the next 4 to 5 years. I believe that the recent surge in interest rates worldwide, with global bonds posting the biggest two-week loss ($1.8trn) in 26 years (since 1990) as President-elect...

Gold sector is on a major buy signal but short-term on sell signal. Cycle is down. Trend is down. Correction continues. I remain neutral and out of this sector.Silver is on a long-term buy signal. Short term is on sell signal. Silver is more volatile than gold,...

Here are today's videos and charts,

Our Market Overview would be incomplete without remarks about gold priced in the Japanese yen. Chart 1 shows nominal gold prices denominated both in the US dollar and the Japanese currency, while Chart 2 plots the indices of gold prices in these two currencies.

Very few people realise the enormous wealth transfer that will take place in the next 5 years. Most will lose 75-90% of their wealth and some 100%. What is interesting is that investors needn’t lose most of their money if they took a few measures to protect their...

After the Trump tsunami, predictions including our own were fortunately relegated to the dustbin of history. While visiting Hong Kong, we watched Trump’s victory with gold skyrocketing over $30 and the market meltdown was some 800 points. However, the next morning,...

In part-I of the dispatch we talked about what happened during the first two days after Indian Prime Minister, Narendra Modi banned Rs 500 and Rs 1000 banknotes, comprising of 88% of the monetary value of cash in circulation. In part-II, we talked about the scenes,...

Two weeks ago, India’s Prime Minister Narendra Modi demonetised an estimated 86% of rupees in circulation, offering conversion into a bank account or into smaller currency notes until 31 December, after which these notes will have no redemption value. Together with...

Gold down 13% in 13 trading days since Trump election. Factors that have led to lower gold prices. Trump bearish for gold in coming four years? ‘Trumpflation’ cometh. Sharia gold – vaulted gold accessible to 110 million new investors. What to do? Diversify and...

Some pretty good economic reports have energized various parts of the financial markets lately. Consumer spending is up, GDP is exceeding expectations and even factory orders, that perennial downer, popped this morning.