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Gold Editorials & Commentary

April 4, 2017

We've all known this was coming, we just didn't know when. For the first time in five years, the Federal Reserve's preferred inflation gauge hit its target. Despite all of the deflationary forces, like lower consumer spending, higher savings rate and stagnant wages...

If you were to poll the public about comparing the investment returns between gold, silver and stocks during the first quarter of 2017, it’s highly probable that the majority of the populace would respond that the S&P 500 outperformed the precious metals. That’s...

April 3, 2017

The best performing precious metal for the week was silver, up 2.61 percent, as investors keep pushing money into commodities in search of investments that keep up with faster inflation. Gold rose nearly 9 percent this quarter, its best performance in a year. Gold...

As the days and weeks continue to pass, gold is struggling to show us anything close to the strength seen during the 2016 rally.  And the more gold continues to perform in a lackluster manner, the more I begin to consider that 2016 strength as a bear market counter-...

Flanked by coal workers, President Donald Trump signed the American Energy Independence Executive Order last week, directing the Environmental Protection Agency (EPA) to review the Clean Power Plan, former President Barack Obama’s signature environmental policy....

Last week, we discussed the growing stress in the credit markets. We noted this is a reason to buy gold, and likely the reason why gold buying has ticked up since just before Christmas.

In the fateful month of May 2007, the Treasury curve reversed and in that fateful June, credit spreads reversed. Both forced the dramatic failure of Bear Stearns in early June, which marked the start of the worst contraction since the 1930s. Our presentation in...

Beyond the 5-6 month Intermediate Cycle and Yearly Cycle (2-3 Intermediate Cycles), there are also longer Cycles for all assets.  Gold for example has a 4 Year Cycle and the USD has a 3 Year Cycle (all cycles measured Low to Low). The USD also has a 15 Year Super...

– Gold, silver two of the best performing assets in the first quarter of 2017 with gains of  8% and 14% respectively. – Gold outperforms benchmarks – S&P 500 up 6%, MSCI (All Country World Index) up 6.4% (see tables). – Nasdaq and German DAX rise 11.8% and 7.6...

April 2, 2017

The correction from 2400 is expected to continue in a relatively shallow manner, until the intermediate cycles have all made their lows.  This could still take several more weeks.

The Merv’s FAN Principle is working as expected as mentioned in my last post (17 Feb 2017).  Gold seems set for another thrust However, the only difficulty is in guessing which way that thrust will go.  I guess we’ll just have to go through the analysis to get a...

Gold and silver prices were neutral last month. During the first two weeks of March, gold and silver retraced only to recover in the last two weeks of the month. Right now, both gold and silver are trading at the same levels as a month ago.

The Copper, Cotton and Crude Oil markets have recently registered COT numbers at multi-year extremes. The prices subsequently broke out to new highs, but failed to gain any traction. This is similar to what was seen in gold price last summer. A violation of the...

April 1, 2017

Propaganda, also known as “fake news,” has become the norm in mainstream media reporting. Somehow the idea of Russia hacking the DNC computers morphed into the generic, “Russia hacked the election.” Per Hitler’s formula, Hillary Clinton introduced the idea during...

“When the Chinese are done doing whatever it is they are doing, and I’m sure they are eviscerating the United States and the Western financial world in the process, they’ll let the market run [gold and silver]. How high, I don’t know.” – Michael Noonan, The Daily...

In an unprecedented move the Irish government is issuing and dispatching a free gold coin to all Irish citizens and foreign persons of Irish heritage. In a controversial move, the Ministry of Finance plans for Irish people to own at least 1 ounce of gold bullion....

Yes. 0.0006th of an ounce of gold = 80 cents, at $1250 the oz.  How can 80 cents be significant relative to gold at that price?  It is a tiny gap in price that was never filled.  The probability of December 2015 being the end of the downside correction since the...

To public readers of our updates, our cycle indicator is one of the most effective timing tools for traders and investors. It is not perfect, because periodically the market can be more volatile and can result in short term whipsaws. But overall, the cycle indicator...

Stocks just don’t want to rest for long and are ready for more strength in the immediate short-term. The precious metals took the week off and have formed very nice patterns, which point to breakouts in the week to come. Consequently. I’m into one mining stock and...

March 31, 2017

Gold suffered heavy selling in early March leading into the Fed’s latest rate hike. Speculators frantically dumped gold futures ahead of the Fed’s meeting as implied rate-hike odds soared. This is nothing new. This key group of traders has long feared Fed-rate-hike...

‘Three wise men’ are warning that the next financial crash is coming and that one of the ways to protect and grow wealth in the coming crash will be to own gold.

March 30, 2017

Market narratives are myths. Look at this chart. Which asset class would have been better to own in 2017 thus far…the blue line or the black line?

There is little doubt that gold is now in a bull market. However, the price of gold is stuck within a complex sideways triangular consolidation pattern which may continue for the rest of 2017.

Gold’s performance this week has been underwhelming, to put it mildly, so today’s chart, although bullish, sets a low bar. The April contract tripped a mechanical ‘buy’ signal today, but the initial risk of nearly $500 per contract makes it an unappealing bet,...

As the UK triggered its formal departure from the European Union yesterday, gold demand from UK investors remained ongoing and robust with increased numbers of British investors diversifying into physical gold in order to hedge the considerable uncertainty and...

Our research is showing critical Fibonacci extensions are in place for US Major Markets that may be foretelling of a massive market correction. Part of our research is to search for and study events and resources that are a bit abstract.

March 29, 2017

The answer to the above question is no, but it’s a trick question. Value is subjective and therefore can’t be stored, meaning that there is no such thing as a store of value. An ounce of gold, for instance, will be valued differently by different people. It will...

The U.S. Retirement Market is in BIG TROUBLE as annual benefits paid out are now larger than total contributions.  Actually, the amount of net withdrawals were the highest in history.  When payouts become larger than contributions… then we have the making of the...

Snowballs have a short life expectancy in Death Valley. Fiat currencies, backed by credit and debt, survive longer than snowballs in Death Valley, but history shows all fiat currencies are inflated into worthlessness and eventually die.

For the month of March, the preliminary purchasing manager’s index (PMI) for the eurozone reached 56.7, its highest reading since April 2011. Significant gains were made in new work and backlogs of work, employment and service sector job creation.

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