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Gold Editorials & Commentary

November 19, 2016

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,...

November 18, 2016

Here are today's videos and charts

Gold prices in dollar terms came under renewed pressure today testing strong support at the $1,200/oz level. Gold dropped another 1% to near a 6 month low and is set for a second week of falls after the dollar soared again after Federal Reserve Chairwoman Janet...

Gold showed what it can do last week - by rising 5% during the period of uncertainty around the US Presidential election. In a classic, almost textbook, move, gold rose while the stock market and other indices and currencies fell - shown here by the long red arrows...

The gold miners just finished reporting their third-quarter results, which proved very impressive. While this small contrarian sector is now languishing in the doghouse following a brutal post-election selloff, the gold miners’ fundamentals are strengthening....

"It's the economy, stupid." This was the catch-phrase Bill Clinton’s campaign used in 1992 to help defeat George H.W. Bush. In this year’s presidential race, the slogan “Make America Great Again” branded the Trump campaign as a referendum against the economic...

There is a total misunderstanding of the role of gold and why it is so critical to own physical gold. Gold should not be bought or sold based on rumours or events. In connection with the US election, gold moved for totally the wrong reasons.

November 17, 2016

Who could possibly have predicted the astounding results of the November 8th Presidential Election? A lot of folks, it turns out. Better than 60 million at last count. But that doesn't include highly paid, and obviously over-paid, pollsters.

The election of Ronald Reagan in 1980 provides the best recent precedent for the unexpected triumph of Donald Trump (in my opinion, the other post-war Republican takeovers of the White House --Ike in '52, Nixon '68, and W. in '00 - did not constitute a real break...

The world is sitting at the edge of a massive deflationary cliff. Even though Central Banks are desperately trying to keep the world’s financial assets from plunging down into the great depression below, signs suggest they are losing the battle.

What happened during the course of US elections sent a very clear message for analysts around the world: Technical analysis might be the most reliable tool for understanding market behavior. 2016 US election was one of the most unpredictable mega-events of our time...

By the end of 2016, 1.6 billion people will likely have a new gold investment standard for the first time in modern history. These 1.6 billion people are the Muslims of the world who constitute nearly 25% of the 6.9 billion people on the planet. This new ‘gold...

Let’s be honest. I am quite sure that you have entered into the foray of the financial markets because you seek profit and you desire to grow your net worth. But, I hear too many people arguing with my articles due to perspectives of seeking “fairness” in the...

November 16, 2016

The inflection point in many of the different markets still continues to develop. The precious metals complex is approaching a very critical backtest to some important necklines we’ve been following. I added the GDXJ to the combo chart which shows the HUI, GLD, SLV...

President-elect Donald Trump’s White House victory was a surprise, and so is the ripping sell-off in global bond markets, which has quickly driven US interest rates to the highest levels in a year. The rout has wiped out an estimated $1 trillion from global bond...

Ever since he made his presidential bid in June 2015, Donald Trump has vowed to “make America great again.” Part of that promise includes rebuilding the nation’s infrastructure, a monumental task that will require the financial backing of tax-free municipal bonds....

Gold, silver and mining stocks moved higher yesterday, even though the USD Index moved higher as well, which had bullish implications. Based on the closing prices and the rally in mining stocks that took place in the second half of yesterday’s session, it seems that...

After an initial surge in the hours after Donald Trump’s election, the price of gold has been under pressure. To gauge what’s ahead for the yellow metal, we dissect the forces that may be at play.

Peak gold production is happening globally…and this is “bullish for gold” according to a slowly emerging group in the gold industry. It is great to see the reality of peak gold production slowly be acknowledged in the mainstream as it is an important fundamental...

I look all around me, and those that were bullish have now turned bearish, and those that were bearish are now drooling and foaming at the mouth. What happened to all the bulls?

As the dust settles from the US presidential election, multitudes of political analysts and news commentators continue to scratch their heads wondering “what went wrong?” The collective question they’re asking of course is in reference to the candidate who was...

November 15, 2016

Brexit and the Donald Trump presidential victory should rightly be viewed as the most significant international developments of the last decade. Both events illustrate a breaking down of globalist order and they both threaten the entrenched elite that has so...

What kind of President will Donald Trump be? Will he restore America to its former position of greatness, or end up being feckless like a long list of his predecessors? That is yet to be determined.

Did you ever notice how dinnertime conversation always seems to get around to somebody asking you for money? Or they want you to spend some of your Precious Mogambo Time (PMT) with them, “doing” something “together as a family” where you act like a “real father”...

Gold is no longer vulnerable. It has entered a nice buying area. The $1225 - $1200 price zone is both technically and fundamentally important. Here’s why: The average cost of producing gold is now approximately $1210. Fundamentally oriented money managers of size...

Gold continued to fall in yesterday’s day session, reaching 1211.00. In the overnight session gold was a little higher, reaching 1231.30, at the time that this Post was being written.

The gold price should rise in the medium and long term on global risks and the Trump Presidency, according to leading research consultancy Capital Economics. capital-economicsThe recent sharp gold price fall is again causing jitters among some investors who forget...

A memorable and wild week is behind us. In my last report it was just an intuitive premonition that a big surprise might be upon us while the facts clearly spoke a different language. Now a change in this world has become tangible. Whether it is for the good or the...

Call it Brexit 2.0: American Edition. Like their British counterparts, who voted in June to cut ties with the European Union (EU), American voters resoundingly rejected globalism last week, calling into question the United States’ involvement in military alliances...

November 14, 2016

The best-performing precious metal for the week was palladium, up 7.56 percent. The strength in palladium is seen as an indicator of improving manufacturing and automobile demand, since its primary use is in catalytic converters.

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