Gold Editorials & Commentary

Oil is plunging again, this time in the wake of OPEC's inability to limit its members' production. The US dollar, meanwhile, is up on the divergence between Fed tightening and ECB/BoJ/BoC easing.

Ted Butler is globally recognized as a sterling pundit and erudite scholar in the silver industry. His writings about precious metals (especially silver) are comprehensive, detailed…and occasionally prophetic in identifying aspects that help determine silver’s...

Despite gold at near 6 year lows, global demand for physical bullion remains very high. This is clearly seen in the recent demand data from the US Mint and other mints and demand data from GFMS and the World Gold Council which shows very robust demand from Germany,...

The precious metals markets rallied strongly in recent days – action which came as a surprise to many. The gains last week snapped a 6-week losing streak for gold, silver, and platinum. Prices rose despite a stronger-than-expected November jobs report raising the...

This month, like many other months recently it’s the intentions of central bankers that are dominating the markets. It’s widely expected that the ECB and US Fed will drift even further apart in their basic policy stances this month. I’m pretty sure that view will...

“I find myself more and more relying for a solution of our problems on the invisible hand which I tried to eject from economic thinking twenty years ago.” – John Maynard Keynes, 1946

Although gold got most of the attention this week with its price gains, platinum was the best performing precious metal, rising 5.17 percent. The price gains in the metal did not transmit to stock gains for the platinum producers though, as the FTSE/JSE African...

So what exactly happened last Thursday? The markets (including the dollar) crashed...and this was not supposed to happen? It's actually quite easy to understand if you see what they did was "only a test" ...Do you understand what I mean when I say a "test"?

On Thursday the dollar reversed dramatically to the downside and on Friday gold broke out upside, with both developments being predicated by the most bullish gold COTs for 14 years.

The US Federal Reserve (Fed) and European Central Bank (ECB) have created a very dangerous situation.

The US economy added 211,000 jobs in November. What does it imply for the Fed policy and the gold market?

The Bank for International Settlements (BIS) has warned in its latest quarterly review that the current ‘uneasy calm’ in financial markets might be short lived, threatened by the Fed’s widely expected interest rate hike – the first rate increase in a decade.

First I would like to apologize for not having any posts on Friday as I had a previous commitment made several weeks ago. I told Fullgoldcrown Thursday night, of all the days to miss work it would have to be Friday.

Last week’s wild gyration in the index created some ambiguity as to which direction it wants to take over the short-term. A week ago, the indicators suggested that a little more strength could take place, but it was short-lived and was followed by a sizeable...

As I am prone to do, I often review recent articles about the metals to gauge the pulse of the market. While I will never rely on another person’s perspective, I always want to have a general understanding, at least anecdotally, of how the rest of the market...

Last week saw the SPX drop more than I thought it would (Dec 3 has been on my radar for a couple of weeks, the 7 week low) on the Drahgi speech that strengthened the Euro vs. the Dollar causing gold to spike. The short euro/$ pair was too heavily tilted in that...

On Wednesday I watched Janet Yellen on CNBC, (as usual with the volume muted) as she discussed “monetary policy.” CNBC provided a running commentary at the bottom of the screen with the two key points for everyone to take away from her prepared comments:

Specific to Gold's 30-point (+2.8%) gain this past week, in the spirit of our oft referring to the otherwise foundationless fluff of fiat monies as "bow-wow currencies", we rightly ask: "Who let the dogs out?"--(Baha Men, 2000). Answer? A couple of entities, really...

Rick Ackerman is the editor of Rick’s Picks, a 24/7 service geared to traders of stocks, options and index futures. He has more than 40 years of trading experience, including 12 in the pits of the Pacific Stock Exchange.

Stock markets showed some weakness on Wednesday…and then Thursday saw that weakness confirmed. Consequently, I locked in all my swing trading profits from the last couple of weeks, expecting further downside and about a week for a low to be established.

Was last week the start of something big? You be the judge of what the market is saying. There is a reason and purpose why we always use and refer to the weekly charts and the monthly at the end of each month. These higher time frames are more controlling over the...

The gross domestic product (GDP) is the monetary value of all finished goods and services produced within a country in a specific time period. It is also the most common measure of a nation's overall economic activity or the size of economy.

In watching the short squeeze taking place in the gold market this AM, I am noticing that the push higher is creating a WEEKLY UPSIDE REVERSAL PATTERN on the intermediate term chart.

Gold sector is on major sell signal. Cycle is down. A recovery is in progress but condition can 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 and a recovery is in progress. Traders should...

To many investors cycles are the holy grail of the financial market. Many investors have devoted years to the study of them. Some have even claimed to have found the ideal cycles for consistently predicting price movements.

The US Dollar index has made marginal new highs which I believe will turn out to be a false break top. Let's take a top down approach beginning with the monthly chart.

Gold’s latest slide to new secular lows has amplified the hyper-bearish sentiment long plaguing it. More than ever, traders are universally convinced gold is doomed to drift lower indefinitely. But these extreme gold lows are not fundamentally righteous, they...

Before getting to the real point of the title "Policy error or on purpose?", it needs to be pointed out the entire financial system is a "policy error". We live in a world where even the real economy is increasingly run via central planning.

I'm establishing a tracking position — long four contracts from 1048.00 — since subscribers reported buying December Gold on the basis of a longstanding target I’d furnished at 1044.50. The futures traded as low as 1046.20 intraday, probably as close as they’re...

‘Super Mario’, the European Central Bank’s monetary magician, disappointed markets yesterday as continuing and unprecedented monetary easing failed to prevent a sharp sell-off in stock and bond markets which has continued today.