Gold Editorials & Commentary

On July 13, 2011, the president of the United States angrily walked out of ongoing negotiations over the raising of the debt ceiling from its legislated maximum of $14.294 trillion dollars. This prompted a new round of speculation over whether the United States...

Indian Imports & Temple Gold - We feel it important to raise this topic once more in this series because Societe Generale, the French bank has stated that if the Indian government does not handle this matter well there could be a run on the Indian Rupee. Why?...

The PRICE of gold gained $10 per ounce in London trade Thursday morning, gaining 2.2% for the week so far to trade at $1346 as several analysts said they were "turning bullish".

A month ago we noted that the gold stocks were headed lower and to a potential double bottom that would create another great buying opportunity. After seven straight weeks of price declines, the gold stocks rebounded last week and are off to a good start this week....

In what started as a depressing month for gold investors has turned positive with metals and mining stocks posting their best performances since August.

To paraphrase William Shakespeare, “the debt ceiling drama is a tale told by idiots, full of sound and political fury, signifying nothing.” We now have a reprieve for three months – the 11th hour deal, complete with payoffs and the usual corruption, will keep the...

U.S. stocks have been on a tear. The S&P 500 Index has climbed a surprising 20 percent so far this year, as a global synchronized recovery takes shape and funds flow back to equities. As I often say, investors take risks when they try to stop a bull run, and...

The rationale for investing in the precious metals sector remains compelling, in our opinion. That rationale rests on two fundamental pillars. Firstly, world-wide fiscal and monetary policies have been directly and indirectly subsidizing asset values, which makes...

The US government is finally releasing the jobs report today. Most institutional players are expecting the report to show that about 180,000 new jobs were created in September. Many analysts believe this report is not too important, because data may be missing due...

I have every reason to believe gold will easily hit $5,000 or higher by mid-2016. For starters, just consider the following. 1. The Washington fiasco. Many are jumping for joy that Washington D.C. finally agreed to end the shutdown and raise the debt ceiling so it...

The recent months have been tough for the U.S. currency. Since July the greenback has lost 6% and dropped to a new eight-month low on Friday. Investors avoided the dollar, firstly after the Fed opted against cutting its stimulus in September and then as the budget...

In the previous update we have seen how Federal Reserve’s balance sheet grew in the last few years. Now let us look how this growth coincided with increases on the stock market:

WHOLESALE gold held in a tight $5 range Tuesday morning in London, drifting around $1315 per ounce ahead of delayed data on US unemployment.

This article is a further extension of the concept I introduced over 2 years ago, titled “Markets Trapped in a Contracting Fibonacci Spiral” and the April 2013 issue of Stocks and Commodities Magazine titled “The Contracting Fibonacci Spiral”. Many might view this...

It is rare that investors are given a road map. It is rarer still that the vast majority of those who get it are unable to understand the clear signs and directions it contains. When this happens the few who can actually read the map find themselves in an enviable...

Washington, DC, Wall Street, and central bankers around the world rejoiced this week as Congress came to an agreement to end the government shutdown and lift the debt ceiling. The latest spending-and-debt deal was negotiated by Congressional leaders behind closed...

Well, it’s official. President Obama has picked Janet Yellen as his nominee to be the next Federal Reserve Chairman. In the months leading up to this announcement, the press unanimously dubbed Yellen the Queen of the Doves, pointing to her reluctance to roll back...

The gradual erosion of the U.S. dollar’s status as the world’s reserve currency has been greatly hastened of late. This is due not only to the perpetual gridlock in D.C., but also our government’s inability to articulate a strategy to deal with the $126 trillion of...

The PRICE of gold was unmoved Monday morning in London, trading barely 25c higher at $1317.50 per ounce as European stock markets also halted their rise, holding global equities near 5-year highs.

In this Weekend Report I would like to show you some charts as to why I have made an abrupt short term move out of our short positions in the precious metals complex. I know some of you think I have lost my mind but I can assure you that isn’t the case. Regardless...

Gold finished Friday down -3.70 to 1316.10 on light volume, while silver was up +0.05 to 21.92 also on light volume. After the big move Thursday, gold and silver seemed content to track mostly sideways within a narrow range. Miners were off slightly; GDX down -0....

The U.S. Constitution empowers the Legislative Branch of the Federal Government – the U.S. Congress – with control of the public purse. Congress established the statutory debt limit in 1917 as a mechanism to restrain government borrowing via public bond issuance of...

We finally got the debt ceiling extension at the 11th hours as usual this week. The government is opened again as well and markets and stocks are loving it. We’re off to the races here with many fast moving stocks breaking out while many more are looking to go now...

The latest “debt limit crisis” was resolved this week; for another few months anyway. Come January 2014, we can expect all congressional Democrats and the dopes in the Republican leadership to once again kick the can down the road to ruin yet again. The Dow Jones...

Gold and precious metal equities are still giving sell signals in all periods.

Despite its intent to boost asset prices and restore the economy, the Federal Reserve has run into a major obstacle in achieving that goal. This obstacle is serving as a reminder that ultimately the long-term natural cycles of inflation and deflation govern the...

Almost everybody wants a back story, some information to explain what is going on with gold and silver, mostly looking for some kind of psychological calm as prices decline, or a ray of hope to reinforce why price may reach the sun and the moon. Is there anything...

The United Kingdom’s gold exports to Switzerland jumped from 85 tonnes to 1,016 tonnes in the first eight months of 2013 — a twelve times increase. Some bullion market watchers attribute the huge increase to withdrawals or sales from ETFs — an explanation that...

Vulgar competition needs to come to Italy's delicate jewelry business... "ITALY accused of protectionism!" is hardly news. Wanting free competition in the airline market, IAG – the group formed from the UK's privatized British Airways and Spain's privatized Iberia...

We put the finishing touches on our October newsletter earlier this week and within it forwarded the following prediction regarding the debt ceiling. “We can expect a last minute agreement to be struck to avert disaster…”
Well, there you have it, proof our crystal...