Gold Editorials & Commentary

Up to a month ago the US dollar was showing resilience in the face of a slowdown in the global economy evidenced by anemic growth. As central banks including the US Federal Reserve reacted by lowering interest rates, it looked as though strength in the US economy (...

Back in the oil-embargo recession of the early 70s when Boeing was Seattle’s economy and was laying off thousands of Seattleites, a billboard on the edge of town by Sea-Tac Airport read, “Will the last person leaving Seattle turn the lights out?” (Boeing had gone...

It is my privilege now to welcome Jacob Hornberger, founder and president of the Future of Freedom Foundation, a non-profit educational foundation with a mission to present the principled case for the libertarian philosophy. Mr. Hornberger is a native of Texas,...

Over the past few weeks and months, our research team has continued to sing the praises of precious metals – particularly Gold and Silver.  After last week’s dramatic selloff in precious metals (attributed mostly to margin call sales), both Gold and Silver rallied...

Our proprietary cycle indicator is down, but now near level of previous bottom. Gold sector remains on long-term buy at month end.

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

Another tumultuous week in equity and interest rate markets has helped fuel a big pop in safe-haven demand for gold and silver. The major market moving event was, of course, the Federal Reserve’s emergency rate cut on Tuesday. The Fed slashed its overnight funds...

Stock-market volatility has exploded on COVID-19 fears, shattering the Fed’s QE4-fueled levitation.  The resulting stunning sentiment shift has left investors and speculators wondering where these wild markets are heading.  This is an important time to check the...

Brexit came as a shock to the political bureaucracy that comprises the European Union. They had, and still have an ostrich-like stance with their heads in the sand and their rear ends exposed to passing dangers. Their economic incompetence has been exposed for all...

On March 3, 2020, the US Fed issued an emergency rate cut of 0.50% to move rates to levels near 1.0% as a result of global economic concerns related to the spread of the Coronavirus and the potential damage it may do to the global major economies.  President Trump...

This is it! The party is over. The world is now facing the gravest economic and social downturn in Modern Times (18th century). We are now entering a period of global crisis that will change the world for a very long time to come. This should come as no surprise to...

A few of my subscribers asked me recently about the lethargic action in the miners lately given that the price of gold has started moving higher again. But it helps to step back and look at a longer time-frame. For the last 52 seeks, the HUI has significantly...

Stocks opened up on a bullish note yesterday, but the bulls gave up all of their gains and then some. This has happened despite the Fed’s surprise rate cut that intended to calm the markets. As stocks closed the day back below the key support, where does that leave...

Yesterday, the Fed cut interest rates by 50 basis points. Not during a regular monetary policy meeting, but in a surprising move. But what are the implications for the gold market specifically? Last week, I wrote that the spread of the new coronavirus to Europe and...

Most people assume that the central bank prints money when it buys bonds. They further assume that this increase in the quantity of money causes an increase in the general price level. And, this leads them to assume that the value of the money is 1 / P (P is the...

The Fed injected a record amount of liquidity this morning via its Repo Market Operation to supply dealers in the interbank market.  While investors may be reassured by the huge 1293 point rally on the Dow yesterday, the global contagion and its impact are just...

The gold futures contract gained 3.11% on Tuesday, as it retraced Friday’s sell-off after surprising Fed’s interest rate cut at 10:00 a.m. On Friday the price collapsed to $1,564.00 level, despite the ongoing corona virus scare. The recent short-term voatility...

The end of February was brutal for traders that were not prepared for the breakdown in the US stock markets.  The breakdown in price actually started on February 20th and 21st.  Most traders didn't pay attention to these minor downside price rotations in the...

​“He will lose the election, that’s for sure…Ford lost to Carter after the 1973 oil shock, Carter lost to Reagan due to the second oil crisis in 1979, and Bush lost to Clinton after the Kuwait invasion. The Democratic field is poor, but Trump is dead.” – Legendary...

During turbulent times like these, markets can be melting down one day… and zooming higher the next. Gold may serve as a fantastic safe-haven asset one day… but get hammered by futures traders the next. The news cycle can be just as volatile. One report may show the...

This weekend, newsletter writers the world over are scrambling to explain to their paid subscribers why they are now showing losses in portfolios that were supposed to be showing gains, and especially because it was only two weeks ago that the S&P 500 hit all-...

The best performing metal this week was gold, down 3.51 percent. As of Wednesday, gold-backed ETFs saw 25 consecutive days of inflows and rose to the highest level ever of 2,624.7 tons. Bloomberg reports that after rising 18 percent last year, gold extended its...

As I write this, the market is officially in correction territory, with the S&P 500 off 14.5 percent from its all-time close on February 19. It took only six days, in fact, for the S&P to fall 10 percent from its high into a correction­­—a new record,...

The gold futures contract gained 1.79% on Monday, as it retraced some of the Friday’s big sell-off. On Friday the price collapsed to $1,564.00 level, despite the ongoing corona virus scare. The recent short-term volatility marked a topping pattern before that sell-...

The coronavirus may plunge the global economy into the worst downturn and crisis since 2009, the OECD has warned as the virus is now present on every continent except Antarctic. As the epidemic continues to expand rapidly worldwide, topping 90,000 cases and 3,000...

There are indicators, and there is price action. Some technicians swear by one or the other, yet it’s most sensible to combine both views as they go hand in hand. Further, there is a special breed of indicators that are not a derivative of price, and the chief among...

To underscore the volatility of this past week, consider the price action in silver. Silver, days ago, had a chance to make its highest monthly close since October 2016. That is well over three years ago. Silver closed the week and the month at its lowest levels in...

Last week’s market activity was another reminder that not all precious metals investments are created equal. Investors worried about a virus outbreak and watching the blood bath on Wall Street rushed to buy coins, rounds, and bars. As one of the largest and most...

While viruses are counted among the simplest forms of life, they have quite a bearing on its advanced forms. And the coronavirus epidemic is, unfortunately, alive and well. What are the implications for the gold market?

The coronavirus epidemic is,...

Our research team believes the recent downward price activity in Gold and Silver are indicative of past price patterns we saw in Gold over the 2007 to 2012 rally.  Throughout almost every rally in precious metals (Gold), there have been a number of moderate to...