Gold Editorials & Commentary

It has now been more than eleven years that I have been writing about the leading role that the US’ largest bank, JPMorgan, plays in the pricing of silver and gold.

The gold futures contract gained 0.46% on Thursday, as the yellow metal retraced its Wednesday’s-Thursday’s decline. The market is extending a month-long consolidation following January 8 run-up to new medium-term high of $1,613.30. It got back to the Tuesday’s...

Our Adaptive Dynamic Learning predictive modeling system is suggesting Gold will rally above $1650 within the next 2 to 4 weeks, then settle into a narrow price range above $1600.  If you've followed our analysis of Gold over the past few months and years, you...

There are no safe assets. In 2002 we recommended our investors to hold up to 50% of their financial assets in physical gold. Today in 2020, I consider that up to 100% is the right figure since there are no safe assets except for physical precious metals.

The number of cases and deaths by the new coronavirus have escalated quickly. However, the fears subsided and the stock market rebounded. How did gold perform, and what can we expect from the king of metals next?

The gold futures contract gained 0.1% on Wednesday, as it continued to fluctuate along Tuesday’s trading range. Investors reacted to the Fed’s Powell testimony again. The market is extending a month-long consolidation following January 8 run-up to new medium-term...

Whilst it must be frustrating for Precious Metals sector investors to watch Tech stocks continuing to “shoot the moon” while PM stocks have mostly done nothing, the chart presented below suggests that this situation won’t persist for much longer.

The explosive price action seen in palladium recently is indicative of a physical shortage. Put simply, available inventories are failing to keep up with demand (largely from the automotive industry).

An almost immediate reaction to the Coronavirus outbreak in China and throughout most of the world has sent shock-wave through the global markets – particularly seen in Shipping and Oil.  The actions within China to attempt to contain the virus spread include...

Although its decline was not yet significant, the USD Index finally declined yesterday. Given the recent breakout above the November 2019 highs, this move lower might leave one with mixed feelings.

Trading slightly above the $50 mark, crude oil hasn’t made a decisive move either way so far. Yesterday’s bullish session has brought us new clues. Let’s dive and examine the strength of the evolving oil move higher.

As you know, we've been following the palladium story for over two years now. It is very important to understand that this is NOT a speculative, COMEX story. Instead, this is a physical supply story that emanates from London. To that end, today let's review the...

The only virus more concerning than Corona, the global government debt virus! In America, the government’s debt to GDP ratio is now three times the level it was when Ronald Reagan got elected.  Simply put, Donald Trump doesn’t have the wiggle room that “Jellybean...

Amid the worries about the coronavirus and its impact on the global economy, the US yield curve has briefly inverted again. Recession, anyone? And what exactly does the inversion imply for the gold market?

Gold and the US dollar. The yellow metal and its fiat nemesis. Often, they move inversely, though the strength and even the direction of their relationship varies when examined from different time perspectives. What is the message the greenback is sending out...

Gold will outperform the S&P 500 Index in 2020. That’s one of several projections made by CLSA in its just-released “Global Surprises 2020” report.

This is how Egon started his keynote presentation at the Gold Symposium in Sydney. He said this in reply to the CEO of the Perth Mint who in his opening speech had declared that anyone who recommends more than 5-10% in gold lives on a different planet.

One of the advantages of being a sexagenarian is that after forty years investing in stocks, bonds, commodities, and currencies you have a pretty good idea when something is not exactly "right." If you have lived a good, normal life and you still have decent control...

The best performing metal this week was palladium, up 1.44 percent as Jeffrey Currie, head of global commodities research at Goldman Sachs, commented he sees the potential for palladium to test $3,000. With Friday’s gain, gold saw a third straight day of positive...

Rhodium, that’s hardly a metal on everyone’s radar screen. Yet even a tiny market can send valuable signals important to precious metals investors. And that’s the case with this little-known metal. Its performance been making palladium look like a laggard – so, what...

The U.S. Department of Justice investigation of criminal activity in the precious metals markets has taken an interesting new turn. According to Bloomberg, prosecutors are targeting the bank itself and not just the individual traders involved in rigging prices. If...

The markets went risk-on last week following better-than-expected economic data releases, as China virus fears eased. This week we will have a lot of Fed talk and another pretty important set of economic data releases. Let’s take a look at the details.

A few days ago the market was crashing on Coronavirus fears. But recently, the market has soared back based upon the hopes of a vaccine and some better than expected economic data in the US. The ADP January employment report showed that a net 291k jobs were created...

The gold futures contract gained 0.22% on Friday, as it slightly extended its short-term uptrend. The market has retraced some more of Tuesday’s decline following bouncing off $1,550 support level on Wednesday. Overall, gold continues to trade within a month-long...

The correction continues as anticipated and its end may come as early as this week if the two-year cycle makes its low in conjunction with the 80-day cycle. 

Last week's trading saw gold forming the more bearish pattern of an early-week high into resistance, with the metal hitting a peak of 1598.50, made on a Monday time top. From there, sharply lower prices were seen into mid-week, here dropping down to a Wednesday...

In BEV terms, last week found the Dow Jones closing 3.72% from its last all-time high of January 17th, or down 1,092 points.  In my mind the stock market had the makings of a new correction, or at least a period of rest for the bulls.  This was not to be as by...

The price of Gold has been fairly firm these recent weeks, and rightly so given global goings-on. So it seems rather out-of-sorts to cite that Gold just put in its worst week of the last 13 (stretching all the back to that ending 08 November) in netting a -1.2%...

Gold sector remains on long-term buy at month end. GLD is on short-term sell signal. GDX is on short-term sell signal. XGD.to is on short-term sell signal.

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