Gold Editorials & Commentary

Trump’s economic agenda consists of foreign policy, fiscal policy and regulatory policy. We have already commented a bit about Trump’s imprint on geopolitics and uncertainty in the context of the gold market. Now, let’s focus on the domestic policies.

A cottage industry has developed around manipulation-focused gold commentary. In this industry, gold’s price changes are portrayed as the outcome of a never-ending battle between the forces of good and evil, with the evil side constantly trying to beat the price...

In September we penned a second article in the Alternative Dow Theory series, titled “Dow theory no longer relevant-Better Alternative exists where we stated that the Dow Theory as it stood was no longer relevant. Here is a brief excerpt from that article.

Even before he takes office, President-elect Trump is turning the world upside down. It has become clear his attitude towards Russia and China is very different from that of his predecessors. Amazingly, he is already wresting power from the deep state, causing it...

Giant precious metals beach balls pushed to bottom of sea. This creates an opportunity as the suppression of gold and silver prices in recent years means that they remain undervalued.

In Trump’s victory speech, he said this: “We are going to fix our inner cities and rebuild our highways, bridges, tunnels, airports, schools, hospitals. We’re going to rebuild our infrastructure, which will become, by the way, second to none. And we will put...

Gold and silver could once again be ready to rally possibly starting in days or in the beginning of 2017. Precious Metals usually bottom at yearend…then have massive rallies in the New Year. Remember the lower it goes the higher it runs - and the more gains made in...

Gold Today –New York closed at $1,142.60 yesterday after closing at $1,158.6 on the 13th December. London opened again at $1,136.80 today. Overall the dollar is much stronger against global currencies today.

The Federal Reserve increased interest rates by 0.25% as expected yesterday leading to gold falling to lows last seen in February 2016 and the dollar rising to its highest level against the euro in 14 years.

I had a completely different post in mind for today, but the action in the PM complex has changed my mind. Since the US elections the PM complex has had a hard go of it trapping many bulls in their long positions. The magnitude of this decline especially in gold has...

Post-election airwaves and publications today are filled with bad news, good news and fake news. The bad news is ‘fake news’ is very real. The good news is fake news is nothing new. The even better news for gold and silver stackers is they have learned to live with...

Prices in financial and commodity markets are exhibiting seasonal trends. This applies to the precious metals gold, silver, platinum and palladium as well. The chart below depicts the seasonal trends of the gold price over a time period of 45 years.

My phone rings and my customer asks, “Where is gold going from here?” I always respond the same, “I don’t know, my crystal ball fell off my desk.” I do believe it is the time to be a contrarian and buy gold while hands are discarding their holdings in metals, but...

One of the world’s leading investors, Mark Mobius told a gold conference in Dubai that the new ‘Shariah Gold Standard’ is both “innovative and revolutionary” and importantly will bring “transparency” to the physical gold market which suffers from a lack of trust.

Almost daily, I am asked if I think the complex will see lower lows below those seen in the previous January and December. My answer has been and remains the same and I will explain to you what I am seeing that still keeps me in that perspective. And, I will also...

The word “collapse” instantly conjures primal feelings of both fear and excitement whenever we hear it. We fear it because it evokes our collective belief that collapse is fatal and final, yet it excites our imagination to the possibility, however remote, that...

Barely 24 hours before the Fed takes another giant step toward destroying whatever’s left of its “credibility”; and likely, proving yet again that rising rates are decidedly NOT “Precious Metal bearish”; I could easily write full-length articles on a half dozen...

After reaching a low of 1152.50 in the Sunday overnight session gold rallied to a high of 1167.80 in yesterday’s day session! In the overnight session gold reached a low of 1158.50, but at the time that this Post was being written gold has returned to yesterday’s...

Gold stocks and silver continue to exhibit substantial strength in the face of the decline in the price of gold. Is that strength hinting that a substantial rally will follow a Fed rate hike?

Jim and I have received many panicked calls and e-mails regarding Martin Armstrong's latest article. In it he again claims gold will collapse to below $1,000 per ounce and thus the fearful communications.

By one measure, the Dow Industrials Index is now at its second-most ‘overbought’ level since 1980. The measure I’m referring to is the 14-day RSI (Relative Strength Index), a short-term momentum oscillator shown in the bottom section of the following Dow chart.

Just as we predicted, the Bank of Japan has begun to lose control. Since the November US Presidential election, the Bank of Japan has been aggressively devaluing the Yen. They are doing this to take advantage of the brief window between the election and when Trump...

Inflation can be understood as the destruction of a currency’s purchasing power. To combat this, investors, central banks and families have historically stored a portion of their wealth in gold. I call this the Fear Trade.

The best performing precious metal this week was silver with a gain 0.76 percent. Electronic chat documents released by Deutsche Bank show that UBS and Deutsche Bank, along with others, regularly conspired trades with one another to trigger stop-loss orders,...

The Fed will hike rates this week. The US Dollar is strengthening. Fiscal policy is about to ignite economic growth. The ECB has reduced its rate of QE purchases. It doesn’t sound like now is the time to be buying gold, does it?

The price action was mixed last week. Those hoping for US dollar declines in gold terms were disappointed. However, silver gave them a sop as the price of the buck declined by one one-hundredth of a gram of silver. In Monetarist terms, gold went down $18 and silver...

A euro crisis and contagion is almost certain in 2017…as Irish economist and writer David McWilliams has warned: “It is almost certain that there will be another euro crisis in 2017. The last time we had a euro crisis, the focus of attention was Greece; today the...

A strange week for me being down while markets are ripping higher. I just didn’t hit the right stocks and that’s all there is too it. That will change. The metals tried to move up with silver leading. However, that effort failed quickly…so if they can’t get going...

Gold and gold mining stocks have been very oversold…but have struggled to rally. The sector looked to be starting a rebound until Friday’s decline which pushed gold to a new low. However, positive divergences remain in place as gold stocks and silver remain above...

The Trump Christmas stock market rally has taken valuations beyond a point that in the past has signaled trouble, which in turn has generated a lot of cautionary press like the following: