Gold Editorials & Commentary

In recent days gold has been more oversold than the gold stocks. Entering this week, the gold stocks were fresh off a major technical breakdown. An upside or downside break can lead to a market stretching beyond what typically qualifies as overbought or oversold....

For the last several months or so I’ve been showing you that many of the important currencies that make up the US dollar have been breaking down from large 2 1/2 year trading ranges. If you want to know what the US dollar is going to do the first thing you need to...

Jim Rogers, legendary investor and “Adventure Capitalist” speaks with Mark O’Byrne, GoldCore’s Director of Research, in the Goldnomics Podcast (Episode 7).

Elon Musk is no stranger to making controversial and outlandish comments, and his tweet last week is no exception. As you probably know by now, the perennial entrepreneur announced to his more than 22 million Twitter followers that he is “considering taking Tesla...

Last week in Monetary Paradigm Reset, we talked about the challenge of explaining a new paradigm. We said: “The hard part of accepting this paradigm shift, was that people had to rethink their entire view of cosmology, theology, and philosophy. In the best case,...

Briefly: Gold is likely to plunge below $1,000 this year and we’ve been writing about it for months. This article provides a list of critical long-term factors that one should be aware of if they want to invest in or trade gold, silver, and/or mining stocks. We...

For the first time this year, about two weeks ago the sentiment backdrop became decisively supportive of the gold price and remains so. At the same time, the fundamental backdrop is unequivocally bearish for gold. What will be the net effect of these counteracting...

Every week the market provides us another example of the intellectual dishonesty in believing the substance of any news event was the “cause” of a market move. And, if you cannot yet see that on your own, I will explain it a bit further below.

Spot gold was the best performing precious metal for the week. Gold is putting up a fight against the U.S. dollar, according to Ole Hansen, head of commodity strategy at Saxo Bank. The yellow metal is showing resistance near $1,200 an ounce, which suggests that...

Gold monthly chart, August 12th 2018. In a sideways range at support.

In my opinion GDX and the precious metals look ready to rally nicely in the coming 7-8 weeks. I have been negative on the PM’s and miners for quite some time now. Keep in mind that I believe that the coming rally will be counter trend, but substantial enough to make...

The term “correction” is meaningless, unless you can specify its size or duration. I have found that a Point & Figure count in conjunction with Fibonacci analysis can give us a fairly good idea of what to expect, especially since they tend to confirm each other...

Large precious metals speculators lowered their bullish net positions in the Gold futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

No need to mince words anymore. If the futures market still influences gold’s price, then that price is going to spike. And silver is better than gold.

Summer's doldrums, August's dog days, call 'em what you want: the world's gone nuts and Gold's gone to sleep for the one billionth time instead of responding to any one thing in any one direction. Price settled yesterday (Friday) at 1219; the prior Friday's settle...

The stock market is in its dog-days of summer; for the past month the Dow Jones didn’t want to go up yet refuses to go down. Since July 16th (twenty trading days) the Dow Jones has remained in a tight trading range in the BEV chart below, from -3.71% down to -5.91...

The Downside Capitulation alerts in gold of July 17th-19th have been followed by a small bounce, capped with closes just under $1232. Last week saw new closing lows at $1205. This continues to have the makings of a classic undercut of support and a Wyckoff ‘Spring’...

Gold sector is on major buy signal since early 2016. Major signals can last for months and years and are more suitable for long-term investors. Speculation is now at the level of the Dec 2015 low. Our ratio between gold and gold stocks is on short-term sell signal...

One of the biggest stories since the last edition of the Market Overview, is inflation reaching the Fed’s 2-percent target. As we analyzed in the Gold News Monitor, The latest report on the Personal Income and Outlays revealed that the annual rate of the PCE Price...

In just the past few years, global asset values have risen to the biggest bubbles in history.  Unfortunately, this doesn’t seem to be a concern to the market because most people believe they are getting richer.  However, rapidly rising digital riches can easily turn...

As the world-wide population has grown, much concern has been building regarding how we will be able to continually feed this ever-growing population.  Since there are only so many resources available, many scientists question our ability to produce enough food to...

Are there more central banks than the Fed and the ECB? Oh, yes. Last week, the Bank of England raised rates 25 basis points. What does it imply for gold?

Corruption in government is universal, now and throughout history. Like living with gravity, we realize it exists and carry on because we must. Fort Knox gold questions are like corruption and gravity. There are issues but we move on. Consider:

Leuthold Group has sounded the alarm on a valuation metric that shows the S&P 500 is twice as expensive as it was at the peak of the tech bubble. This development could have large implications for stock investors of all types, particularly value traders who make...

There are many who focus on the mining sector being poor places to invest because miners have a history of poorly allocating capital. But there is a segment within the mining sector, particularly the gold sector that many investors miss, is the royalty &...

We’re getting there. Inch by inch, we’re moving closer to the tipping point of the decline when the slow, regular, and somewhat boring move lower turns into a violent drop. Yesterday’s session was still in line with the less exciting manner of declining, but we saw...

Something took place in the gold industry that I thought would never happen.  In a stunning press release, Franco-Nevada Gold announced that it was taking a financial stake in U.S. shale energy assets.  Why on earth is one of the top gold royalty companies investing...

There is nothing bullish happening on the gold and silver charts. Nothing bullish on the miner Index/ETF charts. Nothing bullish on the HUI/Gold ratio. In other words, when it comes to a segment as volatile and sentiment-dependent as the precious metals, we are in...

There’s a saying in the trading world: professionals buy pullbacks and sell rallies, while novices buy breakouts and sell breakdowns. Mike Matousek, head trader at U.S. Global Investors, discusses this idea and applies it to the gold price, which is resting near the...

Today we’re bringing you another clip from our upcoming Episode of the Goldnomics Podcast with the legendary investor and “Adventure Capitalist”, Jim Rogers.