Gold Editorials & Commentary

Gold Investing sentiment amongst Western households came into 2017 with the strongest end-year reading since 2012. 2016's gold investing demand also set a 4-year record by weight, confirming the upturn in sentiment as prices rose across the year.

Precious metals had a wild ride in 2016, launching higher in the first half of the year and then falling much of the way back to earth in the second half. Our outlook for 2017 hinges on some of the drivers that figured prominently in last year’s trading. There are...

With US major equity indices near all-time highs, investors concluded 2016 with great optimism. A new era is dawning with Trump's US presidential election victory in November. The US Dollar Index broke through the psychological 100 level, reaching a decade high as...

The Fiat Money Quantity[i] has now breached the $15 trillion level, standing at $15,108bn on November 1st 2016, the last calculable date. This is now $6.3 trillion above the pre-Lehman crisis trend-line, exceeding it by 72%. Instead of the Lehman rescue being a...

Gold price seen jumping 13% in 2017 after 9% gain in 2016, Bloomberg analyst survey shows. 140-character missives by President-elect means new paradigm. “140 characters of unfiltered Trump is likely to create tensions with America’s largest trading partners…”...

The price of gold fell from $1,876 to $ 1,138 an ounce (31,103 grams) or -40%. Is the price of gold in the trough? Gold In A Downtrend Since 2012. 1. The moving average to 200 days (MM200). Since the price of gold has fallen below its moving average to 200 days in...

It has now been 42 years since The Global Bankers successfully alchemized gold through the advent of futures trading so we begin the New Year by looking back at how we got into this position in the first place.

Despite the millions of dollars Wall Street plowed into the Clinton campaign in vain, the financial industry has nevertheless now become downright giddy with the prospects of a Donald Trump presidency. The imperative question investors need to determine is will the...

The entire move in the S&P500 since the November 8 election has been driven by the move in the $USD/Yen pair. As you can see, these two items (USD/YEN and S&P 500) are essentially the same trade.

Last weekend, I noted that set ups such as we have been seeing in the GDX usually lead to strong rallies which can see a 10% move higher quite quickly. Since then, the GDX ran 19% from its recent lows, with Thursday alone seeing a 7.5% rise. Yes, these divergent...

The Fed finally raised its target interest rate and issued guidance for 2017. Trump shocked the political world and stocks seem to be making new highs daily. Investor sentiment is at two-year highs, fueled by optimism for renewed economic growth, de-regulation and...

2016 is behind us and we have started a new year with great gusto and no small measure of anxiety. The potential for unknown unknowns turning into banana skins is very high. Right now we are looking at: The broad US stock markets & the UK FTSE are breaking new...

So 2016 wasn’t the predicted Epocalypse, but it sure was weird! Globally, it was a year of continued economic malaise and increasing financial risks. Most notably, though, it was a year of political upheaval that pitted voters in the UK, Italy and the US in civil...

One of the most bothersome peccadillos of the advisory community, be it emanations from home computer blogs or the Ivory Towers of Wall Street, is the annoying tendency to accentuate good calls and understate bad ones.

In the early decades of the 19th century, a new cultural and philosophical movement emerged that embodies all that makes America great. Led chiefly by Ralph Waldo Emerson and Henry David Thoreau, American transcendentalism praises the purity of the individual and...

While the December 31 selling in gold and gold stocks may have rattled gold bugs a bit, the fact is that gold begins 2017 in pretty good shape. Big fundamental themes that weighed on the “ultimate asset” in 2016 appear ready to reverse and become supportive for...

During last week’s holiday shorten session gold was higher, reaching 1164.30, and then on Friday of last week we had a selloff. In the overnight session that sell-off continued as we reached a low of 1146.50, at the time that this Post was being written.

The best performing precious metal for the week was palladium with a gain of 3.32 percent. HSBC noted they expect the rise of palladium prices to continue into 2017 with limited supply growth and steady auto demand.

Donald Trump Is An Accelerant In A Burning House Of Cards. In the bankers’ endgame, slowing economic growth and excessive central bank liquidity forces investor capital into financial markets; driving up the price of stocks, bonds and commodities and creating...

The quote is a paradox within itself, but sums up the outlook of anyone that has gleaned a grain of wisdom in their life. Yet, here I am offering predictions for the future, a thing one could know with even less certainty than present conditions. We study trends,...

Two weeks ago, I was looking at a possible 2330 SPX by year’s end. By December 23rd, I told my subscribers to expect a rally into December 27, and then a bottom near December 29th, somewhere between SPX 2238-52. The SPX closed at 2238 on the December 30th, after...

After several attempts at rising above the 2278 level and falling short, SPX appears to have given up and started a deeper correction. A hold above 2245 would have looked like a consolidation pattern, but by dropping lower and declining below 2240 on Friday, it...

I published a blog post in late-June titled “Gold Has Peaked For The Year.“ In this post I argued that relative to other commodities (as represented by the Goldman Sachs Spot Commodity Index – GNX) gold’s peak for 2016 most likely happened in February. As evidenced...

There has indeed been an ongoing cleansing in the precious metals market since the spike highs five years ago. Remember, there have been calls for a massive turnaround in prices for both gold and silver since 2013…2014…again, even more so in 2015. 2016 has just...

As always, I provide no predictions or forecasts for the future. As a successful long-term investor, I remain faithful to Warren Buffett’s life long commitment in investing by observing his two rules.
Rule #1 – Do not lose money. Rule #2 – Do not forget rule #1....

Two weeks ago, India’s Prime Minister Narendra Modi demonetised an estimated 86% of rupees in circulation, offering conversion into a bank account or into smaller currency notes until 31 December, after which these notes will have no redemption value.

The Trump presidential election win has pushed capital into a major risk on rally, benefiting stocks, energy and the US Dollar. Interest rates are soaring in line with the Dow Index breaking 20k indicating major inflationary pressures. Commodities such as industrial...

The US stock markets spectacularly defied the odds in 2016, soaring after both the UK’s Brexit vote and US presidential election. Both actual outcomes were universally feared as very bearish for stocks before the events. These contrary stock rallies have left...

The last of four February Comex futures contracts acquired by subscribers two days ago should have been exited early Thursday morning at 1149.90 for a total profit of about $3800. The ‘dynamic’ stop-loss at 1149.90 was triggered by a $1.40 drop from the high at the...

It's my last article of what I believe is the penultimate year of survival for history's largest; most destructive; and for the first time, global, fiat Ponzi scheme. Fittingly, on this typical quiet week of paper-thin holiday trading, the headlines are exploding...