Gold Editorials & Commentary

What a wonderful week for Gold! In settling yesterday (Friday) at 1516, 'twas Gold's best week by both percentage (+2.2%) and points (+33) since than ending 09 August. And it brought with it a terrific trifecta! Here we go!

Gold sector is on major buy signal. GLD is on short-term buy signal. GDX is on short-term buy signal. XGD.to is on short-term buy signal. GDXJ is on short-term buy signal.

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

The US stock markets soared in 2019, blasting to dozens of new all-time-record highs.  Euphoric traders attributed these massive gains to strong corporate fundamentals and US-China trade-war progress.  But the real driver of stocks’ astounding ascent was the Federal...

Originally published on Sat Dec 21 for members of ElliottWaveTrader.net:   When the metals are in a bear market, metals enthusiasts are frustrated.  And, even when the metals are in a bull market, metals enthusiast become frustrated.  This is what I have been seeing...

Last week, the House voted to impeach Donald Trump. This is the third time in the U.S. history such an event has happened to the sitting President. What does it imply for the gold market?

Precious metals investors may be getting an unexpected Christmas present this year, beginning with the sudden $25 jump in gold on Tuesday and Wednesday. From what I’m hearing, a shortage of physically deliverable gold is developing in London. In fact, Alasdair...

“Many Christmases ago I went to buy a doll for my son. I reached for the last one they had, but so did another man. As I rained blows upon him I realized there had to be another way!” This year markets are going another way.

There is evidence that US Treasury bond yields may continue to rise, exposing the debt trap in which the US government finds itself. Market participants don’t realise it yet, but the dollar-based monetary system is spinning out of control. This will become obvious...

The flood of obituaries that noted the passing of Paul Volcker (1927–2019) last week have almost all lauded his achievement as Fed chair (1979–1987) in reining in the double-digit inflation that ravaged the US economy during the 1970s.

What a classic day Friday was! gold moved a bit lower, miners moved significantly lower, and silver rallied. Truly classic and outstanding performance if one enjoys seeing topping patterns that are playing out according to their usual and likely characteristics. And...

This little monster that feeds beneath the surface of global banking at its core briefly raised one ugly eye out of the water as 2018 turned into 2019. I wrote back then that the interest spike we saw in the kind of overnight interbank lending known as repurchase...

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...