Gold Editorials & Commentary

In this update we are going to review a small but important range of commodities / lead indicators which strongly suggest that the seemingly endless bullmarket in US equities is living on borrowed time and will end sooner rather than later, and given how long it has...

The bull market which started in 2009 shows no sign of having run its course.  A long count taken on the long term P&F chart gives us a potential target as high as 4080. P&F does not predict time; only price. (no change)

The Dow Jones is hugging its BEV Zero (0.00%) line in its BEV chart below, making a new all-time high on Wednesday, then closing the week a half point from this mid-week high.  I expect more of the same for as far as the eye can see.  And how far is that?  Looking...

'Tis said "the market is never wrong", that instantaneously "priced-in" is everything known ... and beyond! Markets characterized as such tend to be actively liquid as is the case for Gold, the futures of which traded this past week at an average of 3.5 contracts...

Gold sector remains on long-term buy at month end. GLD is on short-term sell signal. GDX is on short-term sell signal. Gold sector cycle is down.

"I’m from the government and I’m here to help you...buy and hold bags of record high priced stock valuations denominated in debasing fiat$ our private central banking cartel issues." 

The gold miners’ stocks are still stalled, mostly grinding sideways despite higher prevailing gold prices. This lack of progress is really frustrating traders, slowly shifting herd psychology towards apathy. That’s the mission of high consolidations, gradually...

2010s have certainly been a roller coaster ride for gold. Will the 2020s then be better than the prior years for the yellow metal? Today’s article provides the macroeconomic outlook for the full decade – learn whether the fundamental factors will become in the 2020s...

It has now been more than eleven years that I have been writing about the leading role that the US’ largest bank, JPMorgan, plays in the pricing of silver and gold.

The gold futures contract gained 0.46% on Thursday, as the yellow metal retraced its Wednesday’s-Thursday’s decline. The market is extending a month-long consolidation following January 8 run-up to new medium-term high of $1,613.30. It got back to the Tuesday’s...

Our Adaptive Dynamic Learning predictive modeling system is suggesting Gold will rally above $1650 within the next 2 to 4 weeks, then settle into a narrow price range above $1600.  If you've followed our analysis of Gold over the past few months and years, you...

There are no safe assets. In 2002 we recommended our investors to hold up to 50% of their financial assets in physical gold. Today in 2020, I consider that up to 100% is the right figure since there are no safe assets except for physical precious metals.

The number of cases and deaths by the new coronavirus have escalated quickly. However, the fears subsided and the stock market rebounded. How did gold perform, and what can we expect from the king of metals next?

The gold futures contract gained 0.1% on Wednesday, as it continued to fluctuate along Tuesday’s trading range. Investors reacted to the Fed’s Powell testimony again. The market is extending a month-long consolidation following January 8 run-up to new medium-term...

Whilst it must be frustrating for Precious Metals sector investors to watch Tech stocks continuing to “shoot the moon” while PM stocks have mostly done nothing, the chart presented below suggests that this situation won’t persist for much longer.

The explosive price action seen in palladium recently is indicative of a physical shortage. Put simply, available inventories are failing to keep up with demand (largely from the automotive industry).

An almost immediate reaction to the Coronavirus outbreak in China and throughout most of the world has sent shock-wave through the global markets – particularly seen in Shipping and Oil.  The actions within China to attempt to contain the virus spread include...

Although its decline was not yet significant, the USD Index finally declined yesterday. Given the recent breakout above the November 2019 highs, this move lower might leave one with mixed feelings.

Trading slightly above the $50 mark, crude oil hasn’t made a decisive move either way so far. Yesterday’s bullish session has brought us new clues. Let’s dive and examine the strength of the evolving oil move higher.

As you know, we've been following the palladium story for over two years now. It is very important to understand that this is NOT a speculative, COMEX story. Instead, this is a physical supply story that emanates from London. To that end, today let's review the...

The only virus more concerning than Corona, the global government debt virus! In America, the government’s debt to GDP ratio is now three times the level it was when Ronald Reagan got elected.  Simply put, Donald Trump doesn’t have the wiggle room that “Jellybean...

Amid the worries about the coronavirus and its impact on the global economy, the US yield curve has briefly inverted again. Recession, anyone? And what exactly does the inversion imply for the gold market?

Gold and the US dollar. The yellow metal and its fiat nemesis. Often, they move inversely, though the strength and even the direction of their relationship varies when examined from different time perspectives. What is the message the greenback is sending out...

Gold will outperform the S&P 500 Index in 2020. That’s one of several projections made by CLSA in its just-released “Global Surprises 2020” report.

This is how Egon started his keynote presentation at the Gold Symposium in Sydney. He said this in reply to the CEO of the Perth Mint who in his opening speech had declared that anyone who recommends more than 5-10% in gold lives on a different planet.

One of the advantages of being a sexagenarian is that after forty years investing in stocks, bonds, commodities, and currencies you have a pretty good idea when something is not exactly "right." If you have lived a good, normal life and you still have decent control...

The best performing metal this week was palladium, up 1.44 percent as Jeffrey Currie, head of global commodities research at Goldman Sachs, commented he sees the potential for palladium to test $3,000. With Friday’s gain, gold saw a third straight day of positive...

Rhodium, that’s hardly a metal on everyone’s radar screen. Yet even a tiny market can send valuable signals important to precious metals investors. And that’s the case with this little-known metal. Its performance been making palladium look like a laggard – so, what...

The U.S. Department of Justice investigation of criminal activity in the precious metals markets has taken an interesting new turn. According to Bloomberg, prosecutors are targeting the bank itself and not just the individual traders involved in rigging prices. If...

The markets went risk-on last week following better-than-expected economic data releases, as China virus fears eased. This week we will have a lot of Fed talk and another pretty important set of economic data releases. Let’s take a look at the details.