Gold Editorials & Commentary

You have been warned. The Biden – Yellen (BY) nightmare dream team will fulfil our worst fears of deficit spending, debt explosion and dollar collapse. Not that a Trump win would have been that much different since the die had already been cast long ago for the...

November doesn’t look like a good month for gold. The declines in the precious metals market continued last week. As the chart below shows, the price of the yellow metal dropped to $1,779 on Friday (November 27).

Metals Ratios Continue to Indicate Inflation: And that is welcome for monetary and fiscal policymakers of course, since inflation is the only trick they have up their sleeve to bail this mess out once again. And this is no comment on COVID-19. The economy was slowly...

This surely isn’t one of William Shakespeare’s plays, but excitement over occasional corrections as if they herald something much bigger has elements of comedy. Let’s face it, emotion is ever present in the markets and when investors are swept up in waves of...

Since peaking at $2,067 in August, gold is down by $250. Does that mean its bull market is over, or is gold a Cyber Monday Deal? In this correction, gold has already given back 15%, leading some to conclude that the gold bull market it finished.

First, we have a word on gold. Gold closed under $1,800/ounce on Friday for the first time since mid-July. How did it happen? Gold had declined sharply for the past week, but on Friday, just before the U.S. open, it dropped below its 200-day moving average (dma),...

The US election is still being disputed by republican fiat bugs, but it looks more and more likely that democrat fiat bugs have won. In the world of private money (gold and crypto), elections also take place… at major support and resistance. These are the most...

When the market was crashing back in March, I distinctly remember how palatable the fear within the market was at the time. Many were even talking about how the market itself was about to “break.”

As 2020 is wrapping up, investors are trying to narrow down the target for gold’s bottom in the coming weeks. And as the yellow metal is experiencing what appears to be its worst month in the past four years, the Gold Miners Bullish Percent Index ($BPGDM) once again...

A vaccine for Covid-19 is on the way, so gold investors should probably pack it in, right? After all, a valid and distributable vaccine will likely create euphoria, and push the stock market up and gold down. The economy will recover, maybe even roar, and with it...

This week spot gold closed at $1,788.39, down $82.60 per ounce, or 4.41%. Gold stocks, as measured by the NYSE Arca Gold Miners Index, ended the week lower by 4.18%. The S&P/TSX Venture Index came in up 0.50%. The U.S. Trade-Weighted Dollar fell 0.61%.

We are hearing rumors this week of a shortage of the big silver bars, the thousand-ouncers. No, we don’t refer to bullion banks saying this. Nor big dealers, who are happy to sell us as many of these as we can buy. Nor our peeps in high places (we don’t claim to...

Although the apparent results of the 2020 election are still being contested, members of the global ruling elite are already looking forward to a post-Trump era in American politics – and a post-vaccine world economy.

Sometime after the end of the second quarter, news of Berkshire Hathaway's acquisition of Barrick Gold made headlines. Not known for a favorable opinion on gold, Warren Buffett surprised some people with his move. Also, the addition of Barrick Gold Corp to the...

The gold futures contract lost 0.96% on Friday, as it extended its short-term downtrend following breaking below the recent local lows along the price level of $1,850. Three weeks ago on Monday gold sold off 5% in one day after global financial markets’ euphoria...

The gold price is up $333.46 per ounce, over 1 year, recording gains of 22.94%. The precious metal has a 52-week high of $2,069.40 per ounce, and a 52-week low of $1,453.4 per ounce. The performance of gold has consistently outperformed over the long-term, serving...

Last week's action saw gold forming its high in Monday's session, here doing so with the tag of the 1881.30 figure. From there, a sharp decline was seen into later in the week, with the metal dropping all the way down to an early-Friday low of 1776.50 - before...

We are now proven wrong, (following last week's piece having been intently entitled "Gold More Consolidative Than Corrective Before 'BOING!'"). And yet we "feel" as Gold Bullish as ever! Convoluted indeed.

SPX started a new intermediate uptrend which was followed by a period of consolidation which has now lasted several weeks.  It can either continue its uptrend from here or pull back before being ready for the next buy phase.  We could know its decision by next week...

Our proprietary cycle indicator is DRASTICALLY DOWN. Gold sector remains on long-term buy at the end of October. The big picture is bullish. The weekly config has just turned bullish this year after being bearish for a long seven years.

The gold price was given a a quick $35 ride on the down-elevator today starting at 7:40 a.m EST. There were no news items or events that occurred that would have triggered the price hit. More likely, the Comex banks implemented another Comex open interest...

Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.

This article posits that fiat currencies are on the path to hyperinflation and looks at the evidence in the prices of financial assets and commodities. So far, gold has notably underperformed, which indicates that the early signals of hyperinflation are confined to...

The last time I wrote a title like the above was on June 19th; and wouldn’t you know that the correction ended the very next trading day? The consolidation breakout on Monday, June 22 created the gap you will see as a downside objective on the daily chart of HUI...

Whoa! Tuesday, November 24 wasn’t too good for gold. The price of the yellow metal plunged then from $1,840 to $1,800. Actually, November was an awful month for gold prices, which dropped from a local peak of $1,941, or more than 7 percent.

There are three major Reset themes for the financial system, all with dire consequences. So let’s look at the First Reset: The current global crisis situation is almost as unreal as the 1964 Bond film “Goldfinger” in which the old 007 villain Auric Goldfinger plans...

Disregard all the hype, manipulation chatter, and the silly mantra stating that “Gold is now Dead.”  The gold price was going to retest the $1,800 regardless of anything to do with Bitcoin’s price rise or Janet Yellen becoming Treasury Secretary.  If investors...

It appears that there is no longer any reason at all to own gold in any form. Didn't you hear that there's now a Covid vaccine and that the Biden/Yellen combo will solve all future debt and deficit issues? So, sell it all and buy stocks and Bitcoin. At least, that's...

Barrick Gold Corp. (ABX:TSX; GOLD:NYSE, US$25.49), the world's second largest gold producer, has been transformed since it merged with Randgold and the latter's Dr. Mark Bristow took over as CEO. Today, it is not only one of the largest gold miners, but one of the...

Gold plunged on Tuesday to slightly below $1800 an ounce – the first time it did so since July. The news of further successful vaccine tests and U.S. President-elect Joe Biden beginning his transition to the White House have made investors bullish. There is hope on...