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Gold Editorials & Commentary

August 20, 2018

Gold prices have a certain seasonality to them. Typically gold prices tend to bottom in July and August and then rally into the end of the year. According to Carley Garner of DeCarlyTrading.com, this is driven by a number of underlying factors.

August 19, 2018

Last week, SPX filled the count established at the 2860 level by dropping to 2802, formed a small base, and rallied strongly on the news that there appeared to be a détente in the potential trade war between the US and China.  Should these prove to be false...

Google “yield curve inversion” and you’ll see that analysts have been waiting for this indicator to send its big signal for years. It’s getting close, so expect a flood of breathless/ominous headlines when it finally happens.

Large precious metals speculators continued to sharply cut back on their net positions in the Gold futures markets again this week to a new bearish level, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (...

The Fourth Turning – the influential work by William Strauss and Neil Howe published in 1997 – uncannily predicted much of what has happened in America over the past twenty years. “The next Fourth Turning,” the authors predicted, “is due to begin shortly after the...

The Dow Jones did well this week, closing just a hair from its February 26th’s -3.41% (Red Circle below).  Hopefully it can take that out next week, but who can say whether it will or not?  So let’s all cross our fingers and hope for the best.

So much for the "immovable object", eh? Oh, the yellow metal finally got off its butt alright: but without noticing that a dastardly team of Shorts had snuck in this past week and tied together gold's shoelaces such that it fell flat on its face. Leaving the 1200s...

August 18, 2018

The fact that gold remains controlled by the bears has been strongly underscored in recent days. A collapse to below the pivotal $1,200 level is one such reminder; the continued strengthening of the U.S. dollar index is another. Yet for all the bearish signs...

Gold sector is on major buy signal since early 2016, but may change by month end. Speculation is now at net short for the first time since 2001.

August 17, 2018

During the first three quarters of 2016 we were open to the possibility that a new cyclical gold bull market got underway in December of 2015, but over the past 18 months we have been consistent in our opinion that the December-2015 upward reversal in the US$ gold...

Here are today's videos and charts.

The major gold miners’ stocks plummeted in brutal cascading selling this week as stops were run.  That shattered strong multi-year support, devastating sentiment among the handful of contrarians remaining in this forsaken sector.  With fear and despair extreme, it’s...

Foreigners. They are always plotting. This time, they hit Turkey. And gold at the same time. Will Erdogan save the country and support the yellow metal? They May Have Their Dollars, but We Have Our People, Our God

I was reading a post by Martin Armstrong called… "Gold and the Changing Fundamentals" …and in it he published a question from an email sent by a reader: “Mr. Armstrong; You are obviously the person worth listening to when it comes to gold. Every fundamental these...

August 16, 2018

This week’s collapse of the Turkish lira has dominated the headlines, and it is widely reported that this and other emerging market currencies are in trouble because of the withdrawal of dollar liquidity. There are huge quantities of footloose dollars betting...

Here are a few reasons why gold should be accumulated at these levels: 1. Rising Interest Rates. Although gold rose significantly from 2001 to 2011, it was not really the ideal conditions. There were many reasons for conditions not being ideal, such as: rising stock...

In our regular gold trading alerts, we focus on the short- and medium-term outlook and we rarely discuss the very long-term issues or price targets. The reason is simple – the long-term issues and price targets don’t change often, so usually there’s little new to...

Berkshire Hathaway CEO Warren Buffet famously dismissed gold. “Gold has two significant shortcomings, being neither of much use nor procreative.” I have recently written about how a government with gold mining tax revenues can use gold. The benefits of issuing gold...

Gold and silver prices fell sharply again yesterday and were down 1.6% and 4.3% respectively to multi-month lows. Gold drifted lower all day and ended near its late session low of $1173.20/oz, its lowest since January 2017, for a loss of 1.6%. Gold in euros has been...

Stock markets around the globe have come under pressure in recent days with a collapse in the Turkish lira and vulnerabilities in the emerging market space.

I am back in the literary engine room after a two-week boating excursion into northern Georgian Bay complete with forest fires, travel restrictions and mechanical malfunctions—all part and parcel of navigating the ever-steepening learning curve of boating. As an...

August 15, 2018

In 2008, gold was taken from $1020 to $700 and silver was pounded from $21 to $7 during the period of time that Bear Stearns, Lehman and the U.S. financial system was collapsing.  The precious metals were behaving inversely to what would have been expected as the...

Gold can’t seem to catch a break. The yellow metal normally acts as a safe haven in times of political and economic strife, but in the face of Turkey’s lira meltdown, investors have taken cover instead in the U.S. dollar. On Monday, the stronger greenback pushed...

I have just launched a new series of educational articles on Seeking Alpha that I'd like to share with readers across the other sites to which I contribute. When I began writing for Seeking Alpha in 2011, I quickly encountered a major challenge. I realized that...

London house prices fall at the fastest annual rate since height of the financial crisis. London house prices fall in 5th month in row, worst falls since 2009.

August 14, 2018

It’s very important for investors to act prudently and professionally with their investment capital in the gold market.  As a particularly interesting example, most North American gold stocks had a big sell-off yesterday, while my entire “Thunder Down Under”...

Annual core CPI jumped 2.4 percent, the fastest pace since September 2008. Is it the peak – or just the beginning of inflation? And what does it mean for the gold market?

CFTC-generated data for COMEX gold has reached levels normally considered extreme and bullish... but nothing about precious metals trading in the summer of 2018 is "normal". Well, another week has passed and even more important milestones have been reached from a...

In recent days gold has been more oversold than the gold stocks. Entering this week, the gold stocks were fresh off a major technical breakdown. An upside or downside break can lead to a market stretching beyond what typically qualifies as overbought or oversold....

For the last several months or so I’ve been showing you that many of the important currencies that make up the US dollar have been breaking down from large 2 1/2 year trading ranges. If you want to know what the US dollar is going to do the first thing you need to...

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