Gold Editorials & Commentary

In my last post I noted that gold could give a major buy signal in the next 2-3 weeks. Let me stress again that patience is required right here. Gold has to confirm the intermediate rally first. That means it needs to break above $1268 and make a higher high.

“Those who cannot remember the past, are condemned to repeat it.” George Santayana. What mistakes from the past are we condemned to repeat?

Per the sage Chinese saying, “A picture is worth a 1,000 words.” Consequently, the supporting arguments for my title forecast “Gold Price Could Reach $3200 And Silver $120,” will be in visual format via 20 charts.

Many analysts believe that the precious metal is DEAD due to its having fallen from a record high of $1900 per ounce to roughly $1200 per ounce today (a 36% drop).

Most who have graded Prof. Ben Bernanke’s twelve years at the Federal Reserve have issued marks which range from A to a gentleman’s C. I think those marks are much too generous. Indeed, I think a failing mark would be more appropriate.

Let’s cut to the chase. Gold and silver are about to embark on a wonderful spree of new highs. I have never had a crystal ball, and do not like to irrationally speculate on the market unless there are fundamental reasons to support a change in price one way or...

Most junior gold and silver stocks have taken a horrific beating over the past few years, even while gold prices have remained relatively elevated. Bank analysts suggest that high mine costs are largely to blame for this sell-off. Recently, naked shorting seems to...

Professor Tom Fischer has written three papers about gold backwardation and arbitrage. Across these three papers, he makes a case against the ideas of Professor Antal Fekete. I write this response solely on my own behalf.

AFTER LAGGING gold all the way up during its 12-year bull run, bank and professional-analyst consensus now sees a 14% drop in average prices during 2014.

More and more it looks like 2014 will witness a general trend change in the financial markets.

While the Flow of Gold from the West to the East continues, Western Banks Disparage Gold Ownership and Engage in the Largest Financial Crime Spree in World History. As we enter the New Year and amid a list of bearish reports on gold, issued by most of the major...

The US monetary inflation rate continues its downward drift. As at the end of December the year-over-year (YOY) rate of growth in US True Money Supply (TMS) was 7.2%, its lowest level since November of 2008. Refer to the following chart for details.

The two trend reversals everyone has been waiting a year for are about to take place, but they have not yet started. While I do think 2014 is the year we see gold, silver, miners and many other commodities rally, it is important to follow the trend and wait for a...

On The Street --- Well, Wall Street bets on the gold price for 2014 are in, and the table below shows where they stand. It appears that as a group, the big banks are hedging their bets because they are not overly bearish or bullish.

It’s always amazing to me how market sentiment can move from one extreme to the other taking the herd with it. Chartology is the study of charting and investor psychology which when you put to two together can give one an edge on where you are at any given point...

As we discussed in our last article, China has managed to acquire well over 2,000 tonnes of gold while the gold price has fallen from $1,650 to $1,180. This is a remarkable feat in itself.

According to Reuters, Deutsche Bank has decided to quit as a member of the gold and silver fixing committees in the London bullion markets. This news comes after Deutsche Bank was instructed in mid-December by BaFin, Germany’s bank regulator, to hand over documents...

Mid-March this year will mark the 5-year birthday of this current US stocks bull market. Historically what leaps to mind is the ominous Ides of March tragedy (ie March 15th).

For many commentators there are two distinct camps in the Precious Metals markets: Investors in bullion vs speculators in the paper market. These two markets are pulling in opposite directions; most media hypes, the political class and their bailed out banks and...

Now our nerves are settled. We can sleep at night. There’s nothing more to worry about. Christine Lagarde, head of the IMF, has reassured us. Madame Lagarde tells us that further scaling back of QE won’t mean a thing, as long as the Fed goes about its tapering in a...

It's been my opinion for the last several weeks that gold formed an intermediate degree bottom on December 31. That being said I'm still a bit nervous that the sector could suffer another manipulation event (like the flash crash two weeks ago) so I haven't been...

A great week for the precious metals as gold and silver slowly chopped their way higher until Friday which saw a nice move that will take them soon to resistance.

Before looking at the year ahead, it is useful to look back at the year just passed. This adage is particularly true now because little has changed. Three major markets – stocks, bonds and gold – will again be driven this year by the same forces that shaped 2013,...

What will it take to turn the gold market around? One would think it would be obvious that fundamentals are not the answer, while so many believe that fundamentals rule. We are reminded of the fundamentalists, especially “value investors” whose financial world was...

Long term – on major sell signal since Mar 2012. Short term – on buy signals. Gold sector cycle – up as of 12/27. COT data is favorable for a bear market rally.

Current investing model favors equities and both the growth and energy sector are on major buy signals. However, there has not been a multi week correction in the major indexes for over a year now, most likely due to the four year cycle phenomenon and influence....

Beginning in 1999, we predicted a systemic economic collapse that would take place in the First World and would impact all other economies. We began to list some of the "dominoes" that would fall as the collapse evolved and described that the "Great Unravelling," as...

Ian Gordon doesn't look like a prophet of doom. A vice-president of Canaccord Capital, one of the major brokerage companies in Canada, the affable 62-year-old is more at home in a sober jacket and tie rather than gypsy head scarf. With his conservative dress and...

A subscriber said he had heard a number of talking heads claiming that we are in a secular bull market, and he wondered what I thought. My gut reaction was to say "no way", but then I got to thinking about it.

Chart Analysis On Gold, GDX, GDXJ And Silver Stocks Ratio via videos.