Gold Editorials & Commentary

Last week the markets went “risk on” following positive economic data releases. Will the coming holiday week bring some interesting news events? Let’s take a look at the details.

The week behind

Zero Interest Rate Policy (ZIRP) was considered “extraordinary” when central bankers rolled that out roughly ten years ago. At that time, people would still have laughed at the idea of negative interest rates. Lenders didn’t pay borrowers and nobody paid their bank...

Mattress stuffers or bullion holders? Who fares better in a crisis? North American investors are divided between those who believe the decade-long stock market bull is going to keep running into the 2020s, and investors who, wary of something terrible happening, are...

Even though the topic and the main goal of today’s article is to describe what is likely to happen on the gold market, we will start it with a chart featuring something else – it’s sister metal – silver. The reason is that the triangle-vertex-based reversal points...

The combination of P&F projection to 3240 plus the cycles due to make their lows in February offer the best hope for an end to the uptrend from 2856.  While P&F projections are only potential targets, they are often uncannily accurate and should not be...

Last week's action was a choppy affair, with gold forming its low in Wednesday's session - here doing so with the tag of the 1474.30 figure. From there, a bounce back was seen into a Thursday high of 1485.80 - before backing slightly off the same to end the week.

Our five most recent missives have been championing Gold to: 1) not only stay buoyed by the 1454-1434 "support shelf" as we've seen, but moreover 2) rise into year-end, typically as it has done in the prior three per the above Scoreboard.

This week the Dow Jones Index closed on a high note; its fifteenth new all-time high since November 1st.  But since March 2009 the Dow Jones, and most of the stock market has seen many new all-time highs.  As seen in the Dow Jones Bear’s Eye View (BEV) chart below,...

Welcome to this week's bullion update at SD Bullion were we examine Bank Runs in China past, present, and potential future.

Our proprietary cycle indicator is down. Speculation remains high despite the current pullback. Our ratio between gold and gold stocks remains on buy signal.

It is my privilege now to welcome in JP Cortez with the Sound Money Defense League, a nonpartisan national public policy organization working to restore sound money at the state and federal level. JP is a proponent of and has studied in the Austrian school of...

The gold miners’ stocks have suffered a lackluster few months.  That’s a disheartening contrast to their powerful summer upleg on gold’s bull-market breakout.  While this healthy gold-stock correction likely isn’t over yet, the gold miners remain very undervalued...

Nearing the end of 2019, our research team continues to attempt to dissect the market rally in an effort to present credible research and timely insights to skilled technical traders.  We recently authored a research article discussing the potential that the US...

We started yesterday’s analysis with the investigation of the Euro Index and gold price in this European currency. Today, we’ll take a moment to analyze the gold market from the Indian point of view. Gold has a special place in the Indian history and culture, India...

A week ago, Lagarde chaired the monetary policy meeting of the Governing Council of the ECB for the first time. An insightful press conference followed in the footsteps. What will her presidency imply for the ECB’s policy and the gold market precisely?

In recent weeks we’ve noted the positive developments in the gold stocks despite the sector being in a period of correction. Last week we shared the idea that the next impulsive move in gold stocks might begin when the correction in the metals ends.

The title of this essay is part of a statement made by Stewart Thomson, editor of the investment letter, Graceland Updates. His full comment reads, “It takes more than viewing charts and government debt numbers to understand gold as the world’s ultimate asset. What...

Since the Great Financial Crisis started in 2006, global debt has more than doubled from $125 trillion to $260 trillion. The more money that has been printed, the lower interest rates have gone. In 2006 US short term rates were 5% and between 2008 and 2015 they were...

Brexit has become very likely due to result of the UK vote. But so what (gold- and currency-wise)? The uncertainty dropped significantly, and markets were able to sign a breath of relief (bearish for gold), but on the other hand Brexit itself increases the...

The Continuum (the systematic downtrend in long-term Treasury yields) has for decades given the Fed the green light on inflation. Sometimes it runs hot (as per the red arrows) and sometimes it runs cold. One year ago people were confused about why a declining stock...

Dear Mr. Taft: I eagerly read your piece Warriors for Opportunity on Wednesday, as I often do about pieces that argue that capitalism is not working today. You begin by saying: “Financial capitalism – free markets powered by a robust financial system – is the...

Dear Investor, You are probably already getting into the holiday spirit, perhaps you are even under a little stress. But the turn of the year will soon be here – an occasion to review the past year and make plans for the new one.

China and the U.S. have reached a preliminary agreement, which softens their trade war, while the landslide victory of Conservative Party in the UK parliamentary elections clears the path to Brexit. Given that downside risks for the global economy are now...

I know that many investors follow correlations as if they were gospel. But, do they really understand what a correlation represents?

The Federal Reserve left its benchmark interest rate unchanged as expected last week. However, Fed Chairman Jerome Powell made news with some of his most dovish remarks to date – stating flatly that he won’t hike rates again until inflation moves up significantly....

The amount of debt in both China and the United States is horrifying and it continues to grow. Debt growth is worshipped by millions of people who think it is a cure rather than a disease.

We are starting to get a stronger sense of what will be causing 2020’s advance in gold and silver: weakness in the US dollar and a concurrent inflationary spike in the entire commodity sector.

In Friday’s Alert, we warned that gold and USD movement in the next few days might be a bit chaotic due to the geopolitical news that are currently hitting the markets. The new steps in the Brexit saga and the U.S.-China agreement continue to support intraday...

The second week of December played out in a picture-perfect manner offering little to no surprises per our expectations. If you recall, this setup was fully assisted by the ongoing bull train/trend and the first week of December daily 20EMA "stick-save" setup where...

Our contributions most of the time deal with the long-term gold price path. Today though, we’ll shine the spotlight on the USD Index as that’s the key for unlocking gold price path just ahead. Precious metals investors are well aware of the inverse correlation ...