Gold Editorials & Commentary

Gold’s tiresome slog over the last month between 1190 and 1220 looks increasingly likely to end with a fall to at least 1165.30, a ‘midpoint Hidden Pivot’ support. If the stock fails to get traction there, look for more slippage to 1109.80. For gold bulls this would...

Central Banks have become big players in the gold market and now control 10% of the total market demand.  Now, this wasn’t always the case.  Just ten years ago, the Central Banks were main suppliers via their policy of dumping gold into the market.  However, the...

In case you couldn’t tell from the ubiquitous political ads and yard signs, midterm elections are right around the corner. Historically, volatility has increased and markets have dipped leading up to midterms on uncertainty, but afterward they’ve outperformed.

Last week, we talked about the capital consumed by Netflix—$8 billion to produce 700 shows. They’re spending more than two thirds of their gross revenue generating content. And this content has so little value, that a quarter of their audience would stop watching if...

The “Silver Guru” David Morgan joins Mark O’Byrne for Episode 8 of the Goldnomics Podcast. How will gold and silver perform as the current fiat monetary system inevitably collapses under the pressure of currency printing, quantitative easing, trade wars, currency...

Last week, I mainly discussed the coming economic crash and where we are in the cycles.  I also talked about the short-term stock market cycles, which I believe have peaked as of Friday or will peak on Monday. In this segment, I will mainly talk about my short-term...

Last week belonged to the laggard indexes.  DJIA and NYA went on a tear with the former rising 739 points from last Monday’s low, and (finally) making a new all-time high in the process.  NYA was also strong, but did not make a new high.  SPX could not resist this...

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

For now nine weeks running, Gold's weekly settle has neither exceeded 1191 on the downside, nor 1223 on the upside: that is a week-to-week closing range for two months spanning just 2.7% from low-to-high, or a mere 32 points. Think back to just 2016, a year which...

My timing was pretty good.  As it turned out the Dow Jones Index saw two new all-time highs this week, the week I returned from a month long break.  These new all-time highs in the Dow Jones marks the termination of the fourth correction in the post sub-prime /...

After many weeks of pricing pressure as the US Dollar extended a rally delivering nearly unending devaluation pricing in most commodities, gold is setting up for a big upside rally and is likely to extend beyond $1240 in this initial run higher.

Our proprietary cycle indicator is down but appears to be bottoming. Gold sector is now on a major sell signal. Speculation remains at multi-decade low.

The most recent leg of the US stock market rally and the bounces in global equities, commodities and precious metals are coming as part of an “anti-USD trade”. Certain US stock sectors, most global stock markets, commodities and precious metals were pressured by the...

There is a widespread notion among investors, analysts and pundits that the escalating trade conflict between the U.S. and its trading partners is bad for the global economy. This is no stretch. The leap from there to it being bad for commodities is understandable, ...

This is one of the most unusual and interesting gold (GLD) markets that I can remember in well over a decade. There are several factors at play that include: Trade war with China becoming a currency war. India's tax situation.

Investors have pulled much capital out of gold in recent months in a major mass exodus.  Their sentiment waxed very bearish as gold was pounded lower by extreme record gold-futures short selling.  The latest record stock-market highs also suppressed the perceived...

This time is different. They always say so. But what if they are eventually right?  We invite you to read our today’s article about the history of the Fed’s tightening – in order to find out what is exceptional with the current cycle. And what does it mean for the...

Scanning the Indicators - Each morning I scan a wide range of technical indicators covering the major exchanges in the US, Canada .and the UK. As the markets ebb and flow, a range of bullish and bearish technical indicators provide valuable data for investors...

In this article, I am going to do something a little different from my usual articles and start with my perspective on market direction, and then move into the issues I see in the market today.

The global financial crisis of 2008 was essentially caused by excessive leverage, a loss of confidence in real estate credit and a resulting sudden collapse of liquidity in the financial system. The central bank response was to lower interest rates and flood markets...

Have we learned anything from Lehman Brothers’ bankruptcy? On Saturday, there was a 10-year anniversary of the symbolic beginning of the global financial crisis. So it’s a great opportunity to discuss lessons from the Lehman’s collapse and the post-crisis legacy for...

Without Googling, try to guess who said the following quote: “If everybody indexed, the only word you could use is chaos, catastrophe. The markets would fail.”

Gold stocks failed to breakout in the spring and then brokedown to multi-year lows by September. As autumn beckons, the precious metals sector at large is very oversold and could be starting a rebound. However, the fundamentals are not yet in place for a new bull...

I shall pass along my thoughts on the tenth anniversary of the 2008 bank bailouts, currency chaos and the un-precious metals in no particular order and with no specific agenda. More important, I want to pay tribute to a writer whose work I truly love, Rolling Stone...

We have some good news and some bad news for both: precious metals bulls and bears. Based on new developments it’s even more likely that we are just before the huge price decline in gold, silver and mining stocks. However, at the same time it also appears likely...

The question on the minds of many investors, is which of the precious metals will be better investments during the next market crash?  I should know because I receive this question in my email box quite often.  So, I decided to test the price action of several...

Donald Trump will go down in history for many things, including a justice department investigation into US-Russian collusion in the 2016 election, a guilty verdict for his former campaign chair, Paul Manafort, and a guilty plea by his personal lawyer, Michael Cohen...

"Just run the presses – print money.” That’s what President Donald Trump supposedly instructed his former chief economic adviser Gary Cohn to do in response to the budget deficit. The quote appears in Bob Woodward’s controversial book Fear: Trump in the White House...

With the news now behind us regarding U.S. tariffs and Chinese retaliation, the prices of many commodities were soaring on Tuesday. Many, but not all—with the exception being COMEX gold and COMEX silver. Why?

Ahead of the Fed’s key meeting next week, gold continues to meander sideways to lower. This is the key short-term gold chart. I’ve referred to the US-China tariffs as a “trade skirmish”.  Importantly, since the skirmish started, the price action of the yuan against...