Gold Editorials & Commentary

After enjoying a robust bull market run for more than a decade, gold’s long-term uptrend officially reversed last October and something that suggests continued selling pressure is likely to drive gold lower – perhaps significantly lower – over the medium/long-term...

The Federal Reserve Open Market Committee’s Meeting takes place this coming Wednesday, March 18th. The question in front of the Fed is whether or not to remove the word “patient” which would imply a move to begin normalizing interest rates will take place this...

Ben Kramer-Miller, a fundamental gold stock analyst who I keep an eye on, recently had an article at SeekingAlpha called Gold’s Bull Run Has Not Yet Begun. I remember taking note of the title when it came out, but as is usually the case I did not have the time, nor...

In this interview with The Gold Report, Tocqueville Asset Management fund managers Doug Groh and John Hathaway say that though gold investors have been through a nuclear winter, the future looks bright as mining companies bask in the glow of lower costs, better...

We have watched, even marveled at how the U.S. dollar has strengthened since last September. All sorts of theories have been put forth as to “why”. Some have proffered the dollar is the cleanest dirty shirt of the bunch. Others believe the interest rate differential...

The markets staged a brief dead cat bounce yesterday. We are coming up on the critical 126-day moving average (DMA), which has acted as support for the S&P 500 multiple times since the beginning of 2014.

Would you like your advice from someone who has been successful or from someone who’s failed? I’d prefer to hear from a winner. Now that the gold market has been mauled by a bear, we can sort out the pretenders from the contenders in the mining industry. After all,...

The Federal Reserve has issued a stinging rebuke to two of Europe’s largest banks – Deutsche Bank and Santander. U.S. operations of Deutsche, Germany’s largest bank, and Santander, the biggest bank in Spain and a large player in the UK market, were found to have...

Gold has given back all of its 2015 gains…and is falling towards the November 2014 low of $1,130 today. This is a level not previously seen since early 2010.

Do you remember how Lucy always pulled the football each time Charlie Brown tried to kick it? To this day, he’s fallen on his rear end and every time while Lucy just snickers. This is exactly what the Federal Reserve has done since late 2009. If you recall, we...

In his column on Monday, Bloomberg columnist Mark Gilbert made reference to our Market Update released last Friday – Apple Major New Gold Buyer – Propel Gold Higher?. Our piece was very widely read – Apple being the sexy tech and investment story of today. It was...

The stock market in the US has been hitting record highs (if you omit the last few days), the economy is expanding due to the Fed’s easy money policy, and employment is growing. Under these circumstances, you would expect inflation to be increasing, yet the opposite...

We are searching for the end of wave ^ii^. As we mentioned in our Morning Post, as long as gold does not drop below the wave .ii. low of 1141.70, our current count remains valid, so we are sticking with it.

With the precious metals market causing serious hurt to metals traders and investors since my last article in November of 2015, it has become quite clear that no one really has a handle on this market. It has confounded almost everyone since 2011, and most have...

Louise Yamada is the Managing Director of Louise Yamada Technical Research Advisors (LYA) founded October 2005. Previously Louise was Managing Director and Head of Technical Research for Smith Barney (Citigroup), and while there, was a perennial leader in the...

Last week I was honored and humbled to be included in American Bullion’s list of “11 powerful people and their insights on gold.” Among the investment giants and thought leaders who also appear on the list are publishing executive Steve Forbes, Mad Money’s Jim...

Low or negative interest rates (unprecedented) are intended to make the currency less attractive and boost exports

I’m hard pressed to remember a time where the morale of the Western gold community was much lower than it is now. Regardless, some very good technical and fundamental news for gold enthusiasts has suddenly appeared.

In our opinion speculative short positions (full) in gold, silver and mining stocks are justified from the risk/reward perspective. We are keeping the stop-loss levels at their current levels, which means that we are effectively keeping some gains locked in and at...

With all the focus on Grexit in recent weeks, investors have not paid much attention to the risk posed by ‘Brexit’ or the possibility of the UK leaving the European Union. This is the case in currency and stock markets with the FTSE and sterling remaining buoyant...

I have always argued that quantitative easing and zero percent interest rates were misguided policies to combat economic weakness. But as the years went on, misguided turned into irresponsible, which led to ridiculous, and then turned into dangerous. But lately, the...

Fifty years ago this weekend, the first U.S. Marines landed in Vietnam; the result of the so-called Gulf of Tonkin attacks – that in hindsight, were likely just as fraudulent as the Bush Administration’s claims that not only did Iraq possess weapons of mass...

For four months, GDXJ has been playing toe-sies with a 20.83 target that was put in play back in August. While there is always the possibility that this popular junior mining-stock vehicle is about to turn higher, the weight of the visual evidence suggests lower...

This article is an update of Gold’s Obituary published back at the end of October 2014. Nothing has changed since that forecast, except the passage of time to arrive at where we are today. Analysis will cover a few currencies and different markets, which should...

John Maynard Keynes once remarked that “A debtor nation does not love its creditor, and it is fruitless to expect feelings of good will.” In the case of the financial arrangement between China and the West including the United States, I might add that the opposite...

Every saver needs an allocation to physical Precious Metals.It’s that simple. Our enormous national debt has to be cleared and will be cleared…one way or another. And the clearing will wreak havoc on our economy, the financial markets, and even our political and...

he US is once again at its Debt Limit. Despite all of the talk of cutting the deficit and the like, the political class continues to throw taxpayer money around at a pace that is bankrupting the nation. To wit: the US is set to hits its debt ceiling AGAIN on March...

Gold traders are bullish for a second week on the outlook for increased demand from Asia. The Shanghai Gold Exchange saw withdrawals of 412 metric tons as of February 27. Annualizing that would mean 2,472 metric tons for 2015, an increase of close to 18 percent 2,...

Day One for quantitative easing at the European Central Bank and the sixth anniversary of the start of the bull market for stocks and predictably

I had planned to write about the recent news Andrew Maguire relayed regarding HSBC allegedly closing their seven London gold vaults. I am putting this on hold because other than his word and Ned Naylor-Leyland’s tweets on same, I cannot find any public information...