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Gold Editorials & Commentary

December 28, 2015

The best-performing precious metal this week was platinum, climbing 3.03 percent. Absent any real market moving news, the lift was likely from short covering as platinum prices have been off as much as 30 percent this year.

One of the most frustrating aspects of today’s financial system is the fact that the Fed is being lead by lifelong academics with no real world banking or business experience. Consider the cases of Ben Bernanke and Janet Yellen.

We wrote in August that the yields on the riskiest junk bonds had been rising. Since then, the situation has worsened. What does the selloff in the high-yield bond market mean for the U.S. economy and the price of gold?

Peter Schiff is Chairman of SchiffGold, CEO and Chief Global Strategist of Euro Pacific Capital, Inc, and host of The Peter Schiff Show. Peter is an economic forecaster and investment advisor influenced by the free-market Austrian School of economics.

There is a well-established reverse relationship between the US dollar and commodity prices. When the US dollar strengthens then commodity prices fall, and vice-versa. The four-and-a-half year slide in commodity prices began in mid-2011 at almost exactly the moment...

The prices of the metals rose a bit this quiet, holiday week. Merry Christmas! Speaking of Christmas, Keith’s brother who is an amateur woodworker of growing skill, gave him this present on Friday.

December 27, 2015

The SPX’s direction is still unclear -- and it will need a little more time to reveal itself. Another attempt at extending its uptrend appears to have resulted in a failure to make significant progress, indicating that another short term pull-back may be imminent...

Since it is still the Holiday Season, I am making this article brief. The SPX is at the 16 TD top +/- 3 TD as of Christmas Eve. There is an 8 TD top due Dec 30 +/- 2 TD’s with the moon in Leo/Virgo on the 29th. On the 29th, Mercury squares Mars, and again this will...

'Tis quite the question, that title, with but four trading days in the balance for 2015. Of late, Gold is giving -- the appearance anyway -- of at least basing for year's end into which we are racing. To say nothing of the fact 'tis been better than three years now...

December 26, 2015

Technical Analysis Of The Markets via videos.

Gold sector is on major sell signal. Cycle is down. A recovery is in progress but condition continues to be very choppy. Silver is on a long-term sell signal and investors should be in cash or short. Short-term is on buy signal. Nimble traders can play for a bounce...

The good news is: The market has been following the average seasonal pattern which remains positive. The negatives: The numbers do not mean much. This is the time of the year when the market usually drifts upward on low volume and that is what it has been doing...

December 24, 2015

Yesterday we closed out a nice winning trade in XLE energy sector. If you have not yet closed the trade, you should do so today and will be locking an even larger gain of 4-5% return in only three days.

The stock-market outlook in 2016 is riddled with great uncertainty following the Fed ending its 7-year-old zero-interest-rate policy. With the first rate-hike cycle in nearly a decade just getting underway, traders are anxiously wondering how it will impact the...

The Fed will never succeed in its attempt to manage inflation and unemployment by varying interest rates, because it and its economists do not accept the relationship between, on one side, the money it creates and the bank credit its commercial banks issue out of...

December 23, 2015

In my video below, I explain how and why I think the gold bear market is artificial, and due to manipulation by a few big banks in the paper market. I discuss the market reaction that will confirm I’m correct.

For the last five months, the miners have basically oscillated within the same general region, while the metals have made lower lows. But none of the charts seem to have completed their respective downside structures.

Stagnationists have been around for centuries. They have embraced many economic theories about what causes economic stagnation. That’s a situation in which total output, or output per capita, is constant, falling slightly, or rising sluggishly. Stagnation can also...

As the Federal Reserve continues to prop up the highly leveraged debt based financial industry, the flow of US gold heading East picked up significantly. According to the USGS most recently released survey, Hong Kong received 56% of total U.S. gold bullion exports...

Last week, the Bank of Japan (BoJ) kept the pace of its money market operations unchanged, but it reorganized the stimulus program. What does it imply for the US dollar and the gold?

December 22, 2015

I was just going over some old charts and came across this one, which is a ratio chart that compares the HUI to gold going all the way back to the bear market low that was made back in 2000. I use to show this chart quite a bit when the blue triangle on the right...

Even though many signs have been pointing to lower precious metals prices, we just saw a daily upswing. Were the bearish signs just invalidated and is the final bottom for this major decline already behind us?

While routinely following the precious metals as one of many sectors in NFTRH, we have mostly left it alone with respect to public writing over the last few years. That is because it is in a bear market and since I am not a slick short-term trader, I have felt it...

Gold was flat in the overnight session, but the wave patterns on the Intraday Chart suggest still higher prices in this up leg. Our next targets are 1085.00 and 1088.20. We are working on the assumption that all of wave .a. of –v- ended at 1046.40 and we are now...

Much the same way many experts felt that the NYSE was issuing a series of death signals, there are just as many who share the same sentiment towards the signals the Global BBC 30 Index is supposedly issuing.

The year of 2016 looks very good for gold and related assets for a veritable myriad of reasons. First, while gold bullion recently traded below its summer low, about 75% of GDX component stocks are trading higher. That’s a classic technical bullish non-confirmation...

Russia continues to add to its gold reserves and added another 700,000 ounces in November or another 22 metric tonnes, and analysts believe this buying will continue and may intensify in the coming months.

As we prepare to bid adieu to yet another year and begin the year 2016, I wanted to share some thoughts about which I have been pondering.

The ruling conservative Popular Party won Spain’s general election, but is short of majority. What does the new political reality in Spain mean for the gold market?

December 21, 2015

It seems that bullish gold investors may be able to breathe a little easier after the Fed finally made its decision to raise rates 25 basis points earlier this week. Bob Haberkorn, a senior market strategist at RJO Futures in Chicago, commented that sentiment has...

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The world’s gold supply increases by 2,600 tons per year versus the U.S. steel production of 11,000 tons per hour.

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