Gold Editorials & Commentary

Summer is rolling on…and stocks have taken to the beach for the most part, so we should follow. The metals were looking fine…but are now acting choppy. Consequently, I’m reducing some miners, but still holding a bit.

Inflate or die” was Richard Russell’s characterization of our economic system and the central bank response to most problems during the past three decades. INFLATE THE CURRENCY SUPPLY!  Examine the currency supply as measured by M3 and reported by the St. Louis Fed...

After seeing the largest corrective move to the downside in a month last week the XIV has since then moved mostly sideways. This is likely in anticipation of the Non-Farms Payroll Report scheduled for release on Friday, August 4th.

Speculation is rising from a multi-year low. Our proprietary cycle indicator is up. Gold sector cycle is now up. We are holding gold related ETFs for long-term gain.

The Bigger the Base, the Greater the Upside Case. This saying among technical analysts/chartists helps define where we are today in the precious metals – and where we'll soon be headed. It means that when prices "base" in a relatively narrow sideways range for an...

Here are today's videos and charts.

The gold miners’ stocks have suffered a lackluster year so far, mostly lagging gold’s solid new upleg. But that vexing underperformance should soon give way to a big catch-up surge. The deeply-out-of-favor gold stocks are now entering their strong season, which...

Gold held steady today in Asian and European trading and was flat for the week, consolidating near the $1,270 per ounce level and the 2.5% gain seen in July. It remains close to a seven-week high hit this week, as the dollar remains weak and vulnerable near multi-...

Spot gold finished July up more than 2 percent, its best month since February, when it returned 3.7 percent. The yellow metal responded to a struggling US dollar, which has lost more than 10 percent so far this year relative to other currencies and is currently at a...

Throughout the history of the United States, there was only one state has ever had to declare bankruptcy, and that was during the Great Depression.  All of that may be about to change, however.  Illinois is presently facing a challenging financial crisis, one so...

The subject of gold’s confiscation has come onto our screens again, but this time, being described as a “Myth” in the future. This thought comes from Canada, a favorite place for US citizens to store their gold in the hopes that it will be outside the reach of the...

As you know, we’ve been tracking the sub-prime auto-loan industry closely. Our view is that this industry represents the worst of the worst excesses of our current credit bubble, much as the subprime mortgage industry represented the worst of the worst in excess for...

Gold coins, bars see demand rise of 11% in H2, 2017 to 532 tonnes according to WGC Gold Demand Trends. – Gold investment demand strong in China, India & Turkey. – Demand in Turkey surges on double digit inflation. – Total gold demand declines in Q2 on slower U.S...

The US Dollar has continued to fall hitting a low of 92.72 on Monday, July 31st. The US Dollar also broke through shorter term support levels and is now closing in on long term support that could very well define the longer term trend over the next several years.

I implement these “seasonality” charts as they have been a great framework into all of my trading/investing technical analysis.  Seasonality charts are constructed from the past thirty years of historical data.

The dramatic failure of the US Senate’s last-ditch Obamacare repeal effort leaves Republicans so far without a major legislative win since Donald Trump took office. No healthcare reform. No tax reform. No monetary reform. No budgetary reform.

‘We are experiencing a bubble, not in stock prices but in bond prices. This is not discounted in the marketplace.’ There are a lot of warnings on Bloomberg, CNBC and other financial media these days about a bubble in the stock market, particularly in FANG stocks and...

In a better world we might expect: Individuals, corporations, and governments spend no more than their income. “Honest” money is used by all, has intrinsic value, retains its purchasing power and is not counterfeited by individuals or bankers. Governments and...

Many investors rightly believe that the gold and silver markets are moved most by geopolitical events, monetary policy, shifting economic paradigms such as inflation or deflation, and a number of other factors - most of which are covered regularly in this newsletter...

The Dow Jones Industrial Average closed at a new record high on Monday, July 31st closing the day just under the 21,900 level.  The intraday high on the Dow came in at 21,927 which was just 44 points under the bottom end of the 21,971 - 22,429 target zone that we...

Gold has rallied more than $60 per ounce in the last few weeks. In the short term a new catalyst is needed to continue the rally, but the big picture looks fabulous.

Technically speaking, this week could be very important for the major U.S. equity markets. There is an appearance of a “TOPPING PATTERN” forming. I am now awaiting confirmation by the actions of the equity markets, this week. Expect downward pressure beginning this...

I have so much respect for Warren Buffett. In fact, it's well beyond respect—it is a complete admiration for his dedication to sticking with his philosophy and making ridiculous amounts of money for his shareholders.

One can’t help but wonder if the world is truly coming apart. Then again, maybe it’s all normal. Extreme weather gripped parts of the world with huge fires in France, California, Montana, and the still ongoing fires in BC. Floods were causing destruction in India,...

Kintsukuroi or Kintsugi is the Japanese art of repairing broken pottery with gold and silver. The Japanese like to consider it a way of not only repairing the item but also transforming it into something new which is pristine and has a new potential.

A truly massive scandal is brewing in Big Tech. This scandal concerns the fact that 60% of advertising “clicks” are in fact, NOT human; they are bots or automated algorithms that don’t buy anything. EVER.

The best performing precious metal for the week was palladium, up 4.29 percent on hedge fund managers increasing their bullish positioning on the metal as expectations of increased usage in automotive catalyst to curb pollution. China’s purchase of bullion bars in...

That’s it. It’s the final straw. One of the alternative investing newsletters had a headline that screamed, “Bitcoin Is About to Soar, But You Must Act by August 1 to Get In".

The significant increase in Large Spec long positions this past week in gold and silver from a very low level might be cause of concern to some, since it of course increases the risk of a reaction in these metals, but there is another much more positive way of...

Current Position of the Market: SPX Long-term trend: Uptrend continues with a serious loss of upside momentum in weekly indicators. SPX Intermediate trend: An ending pattern appears to be in its last stages of completion. This should be followed by an intermediate...