Gold Editorials & Commentary

Boiled down to the simplest terms; all economies must choose one of two “systems” in which to operate. They can choose a credit-based (debt-based) economy, or they can choose a “cash” (pay-as-you-go) economy. This is a simple tautology, and so beyond debate.

The first days of the new month have been hard for oil bulls. After the breakdown below the lower border of the declining trend channel the buyers didn’t manage to stop oil bears. The bears showed their claws on Thursday and pushed the price below the October low....

Historically, gold futures prices often make an intermediate trend bottom around mid-November. This price chart from Dimitri Speck provides a good picture of average seasonal price action. Arguably, Indian festival buying is the main reason that gold tends to...

While investors have been focusing on the strengthening U.S. market, we’ve also kept our eyes on other improving indicators happening in resources, Europe, and emerging markets. These places may not be as widely popular, but we believe investors can benefit greatly...

LONDON wholesale gold was unchanged Tuesday lunchtime from yesterday or from last week's finish at $1317 per ounce, as European shares again defied a drop in Asian stock markets to tick higher.

The World Bank has been producing its annual “Doing Business” report since 2004 and its 2014 edition ranking Hong Kong second out of 189 economies surveyed, in contrast to mainland China’s score of 96, hardly seems controversial.

Gold ran into trouble last week after an encounter with its important 150-day (30-week) moving average. The 150-day MA, which is an important psychological resistance barrier that is programmed into many Wall Street trading algorithms, was touched by gold a few...

There were some interesting developments this week that I would like to focus on in the Weekend Report. The most important thing to happen was the rebound in the US dollar that was very impressive. Is the bottom in or is this just a short covering rally that will...

The chart of the U.S. National Debt shows marked increased acceleration from 2002 to date. In fact the yearly speed of accumulated debt has gone parabolic. Effectively, the Compound Annual Growth Rate of the nation’s indebtedness since 2002 is +10.4%. And if we...

No, it can’t. We’ve read a very interesting essay on gold, VIX (the volatility index) and the safe haven status entitled Forget gold, the VIX is the new safe haven and we would like to share our thoughts about it. First of all, what would you expect from a safe...

WHOLESALE trade in London left the price of gold sitting at last week's finish of $1317 per ounce Monday morning, as European shares rose with government bond prices but commodities slipped.

Markets tend to rally during the last two months of the year, but like the indexes, that is a statement of averages, and averages do not always tell the whole story. It is not a secret that the Lying Ben schemers have been responsible for propping up the volume-...

Gold finished Friday down -7.20 to 1315.30 on 1352.50 on moderately heavy volume, while silver dropped -0.05 to 21.86 on moderate volume. The gold/silver ratio dropped -0.21 to 60.17. Gold was sold starting in the afternoon in Asia through mid-day in NY, being...

There’s talk of foreign central banks purchases of US Treasury debt slowing down, or even significant reductions in their current Treasury bond holdings. Unfortunately, authors seldom share their work with the readers of their articles. But I’m the kind of guy who...

Long term – on major sell signal since Mar 2012. Short term – on buy signals but no set ups yet. Gold sector cycle – up as of 10/25.

A rather interesting development occurred on Friday, and one that I wasn't really expecting. The dollar sliced right through its intermediate trend line on its first attempt. I thought for sure we would see some kind of pullback from that trend line before a break....

If fundamentals mattered, gold and silver prices would be substantially higher. They are not, and for a reason. It is not hard to define what factors are influencing price, for they are political, even criminal under normal circumstances. These factors are, in...

Markets stalled out this past week and are beginning to roll over by the looks of it so far, but if all of 2013 is any indication this correction should be relatively shallow and short lived. We let our stops take us out of trades and we raise stops to lock in...

After record buying of Gold Eagles during the precious metal smack-down earlier this year, sales of the official coins declined significantly in August & September. However, sales have seen a substantial turn around this past month.

The financial markets watch the Fed very closely, and for good reason as outlined on October 25. Wednesday’s Fed statement was interpreted by the markets as being more hawkish than expected (hawks want higher rates/low inflation). Investors were hoping for a “the...

Research published by Yale Hirsch in the Trader's Almanac shows that the market year is broken into two six-month seasonality periods. From May 1 through October 31 is seasonally unfavorable, and the market most often finishes lower than it was at the beginning of...

As an astute gold market follower, you’ve no doubt been inundated with an abundance of commentary on China and India this year. That’s essentially all we’ve been writing about of late. It’s for good reason! China and India’s surge to historic levels of physical...

In 2012 more gold was extracted from the Earth than ever before in history. And even with 2013’s anomalous gold panic devastating the mining industry, production is expected to rise for the fifth year in a row. The latest exploration cycle is no doubt bearing its...

Chart analysis On Gold, Silver, GDX and GDXJ via Videos.

In this part and the next we will look at the prospects for the gold price for the rest of this year and beyond. These next parts are the critical parts. What we will try to do is to synthesize the factors playing on the gold market today and have done in 2013.

On Wednesday Finland gave in to public pressure and revealed where she stores her gold reserves. The statement followed a press release by the Bank of Sweden on similar lines released on Monday.

Institutional trust and confidence continues to unravel as less and less participation, combined with isolation, threatens the middle class. As in all major crises throughout Anglo American history, the weight will be carried on the shoulders of the pragmatic caught...

The most important question for all investors today is: How much must the greenback be devalued (again) in order to finance the soaring National Debt and incalculable future Obamacare costs so that the country can avert a looming U.S. Debt Default.

Martin J. Gruenberg, the FDIC Chairman, made a speech at the Volcker Alliance Program in Washington, D.C. earlier this month explaining how the even largest globally systemic banks will be dealt with in the event of a systemic banking failure. In closing he states...

Medieval thinkers were tempted to believe that if you throw a rock it flies straight until it runs out of force, and then it falls straight down. Economists are tempted to think of prices as a linear function of the “money supply”, and interest rates to be based on...