Gold Editorials & Commentary

The gold futures contract gained 0.49% on Friday, as it retraced more of the short-term decline following bouncing off $1,700 level in late March. The yellow metal is slowly getting back to the March 9 medium-term high of $1,704.30 again. Mounting pandemic fears are...

On Friday morning I created these charts on the price of crude oil, the energy sector stocks (XLU), and also the Canadian Dollar, which I think paint a clear picture of what to expect for the price of crude this coming week.

“Bad money drives out good money.”  When Gresham put forth this proposition, sovereigns were diluting gold and silver coins with metals of lesser value yet the diluted coins were given the same value for legal tender purposes as the more pure coins. Gresham observed...

SPX is likely to make its 80-day cycle low next week at a slightly lower level than where it closed Friday.  After which, it can start on the c-wave of its countertrend rally.

Last week's trading saw gold forming its low in mid-week trading, here doing so with Wednesday's tag of the 1576.00 figure. From there, a sharp rally was seen into Friday, with the metal running all the way up to a peak of 1652.80 - also ending the week at or near...

We're of the long-running belief that everything -- and then some -- is all but instantaneously priced into major markets, or at least sufficiently so swiftly that 'tis nearly impossible for the human trader to take advantage, save for those having steely guts and...

Usually I begin my weekly articles with a chart of the Dow Jones; but not this week!  This week the Federal Reserve’s “monetary policy” takes top billing as its weekly change in US Treasury Debt Holdings’ * 10Wk Moving Average * went from 18.23 billion up to 82.66...

A surge in coronavirus cases, an expansion of economic lockdowns, and an explosion in unemployment claims hit markets this week.  But this deluge of bad news didn’t seem to catch investors by surprise.

Gold has been on a bit of a wild ride lately, what with the economic effects of the coronavirus causing consumers to clean out most major retail gold outlets in the US.

Our proprietary cycle indicator is up, rising vertically from the lowest level in years. Gold sector remains on long-term buy at the end of March.

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

This is a long article. It's an educational article and a must read for anyone who invests in gold and silver mining stocks. If you have been analyzing gold and silver mining stocks for more than five years, then perhaps you can skip it. For the rest of you, put in...

Two important things happened yesterday. And no, the ridiculous rally in crude oil wasn’t one of them. Yes, it was ridiculous, because it was clearly based on just one indication from Trump that was not backed by anything, and in the crude oil market, it is rather...

Gold miners’ stocks have endured epic volatility in this past month, literally crashing before blasting back higher in a violent V-bounce.  That preceding wicked capitulation flush savagely forced the weak hands out, paving the way for gold stocks’ next major upleg...

We can only imagine what many of you are thinking and feeling right now.  Shock?  Concern?  Despair?  Some of you have already emailed us asking about the US and Global markets to find out what our predictive modeling systems are suggesting.  Today, we're going to...

The gold futures lost 0.33% on Wednesday, as it slightly extended its Tuesday’s decline. The market has retraced some more of last week’s Monday’s – Tuesday’s rally and it remained below $1,600 mark. On Tuesday, the yellow metal has reacted to news about Russia’s...

Suddenly, there is increasing public interest in gold. The financially aware will be scratching their heads over what’s going on in financial markets in the broadest sense and might have heard some unintelligible chatter about what is going on in gold. They are...

Just as people were overly optimistic before the stock market top, they can be too pessimistic right now. This is a real risk and we take it into account. However, the incoming data confirm our view expressed in the April edition of the Gold Market Overviewthat “the...

With mines, mints, and refineries closed around the world due to coronavirus, the demand for physical gold has blown through the roof. This has led to some drastic measures by the CME Group, which in turn may have unwittingly sealed the fate of the COMEX and the...

This morning we are going to look at an array of important factors pointing to another severe drop in the broad US stockmarket imminently, both factors external to it and indications on the charts for the S&P500 index (and other indices which we won’t have time...

As a technical analysis and trader since 1997, I have been through a few bull/bear market cycles. I believe I have a good pulse on the market and timing key turning points for short-term swing traders.

It’s 2008 all over again, only much worse. And just like back then, PMs are likely to slide very fast, very far and then recover in a big way. A lot of money is likely to be made by those, who are positioned correctly.

Whoever doesn’t learn to dance in the rain will struggle to survive the virtually non-stop storms that the world will experience in the next few years. The abrupt downturn in the global economy, triggered but not caused by coronavirus, came as a lightning bolt out...

So, the stock market has dropped. Every government in the world has responded to the coronavirus with drastic, if not unprecedented, violations of the rights of the people. Not to mention, extremely aggressive monetary policy. And, they are about to unleash massive...

Item: March 16, 2020. A huge poly-metallic (gold, silver, copper) mining operation in Mongolia "has suspended operations" after authorities "restricted the movement of goods and people within the country."

Gold is majestically postured now, because America’s government and central bank continues to borrow, spend, and print money with surreal intensity.

"It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was...

Gold has been trading wildly recently. And little wonder, considering the global hunt for liquidity. Where shall the indiscriminate selling stop? In other words, the million-dollar question is, how low could gold go during this decline, and what’s the most likely...

I truly thought I had seen all that was possible in the creation of paper gold when the Comex rolled out its “pledged gold” category which enabled technically insolvent banks like HSBC and JP Morgan – the only two Comex banks to have taken advantage of this new gold...

The simple answer is that is what they are doing, inflating. The slightly less simple answer is that they inflated in 2001 and it worked (for gold, silver, commodities and eventually stocks, roughly in that order). It also worked in 2008-2009 (for gold, silver,...