Gold Editorials & Commentary

For decades now, China has been the leading driver of global growth, consuming unfathomable amounts of raw materials and commodities. Today, the Asian giant is undergoing dramatic changes, as its government deepens reforms and opens the country’s economy up to...

A picture is worth 4-plus years and thousands of words, and the picture below has a lot to say. I’ll say some words as well, since I have kept them bottled up for years in an effort to make sure we operate with discipline as opposed to gold bug style emotion.

The most common question I hear is "when". When does the system collapse? When will we experience a re-set? I think this is a very odd question. Odd because if you stand back far enough you should be able to see "you are watching it"! We are all so close and...

Almost every other day I read an article telling me that owning Gold is dumb or that Gold is doomed as an investment. These articles would be useful or insightful if they weren’t based on “analysis” that is either misleading or downright wrong.

Last week’s comments were influenced by the abnormally low silver fix, at $13.58. It was not by accident, but had to be carefully planned an executed. Deliberate as can be. Consider that the bank on the fixing panel HAD to know that as very large projected sales...

The Federal Reserve is now testing a plan to apply negative interest rates to banks counts. Under this plan, banks will charge interest on the money you keep in deposit. As far as the Fed’s concerned, it’s important to get the “consumer” to loosen up in order to get...

It appears the great gold bear of 2011-2016 has now ended. Mr Bear has now completed his work of cleaning up all the garbage and malinvestment created by reckless management teams over the past 15 years.

The pervasive narrative on Wall Street is that the collapse in oil prices will, any second now, restore consumers to their profligate spending ways. In fact, financial pundits have been calling for plunging energy prices to imminently rescue the economy for the past...

It looks as if SPX concluded its a-b-c correction in an uptrend when it reached 1947 early last week. Since then, it has retraced about 75 points down to the important 1868-1872 support zone which was formed by the August/September 2015 lows. Significant re-...

There are today several indisputable Bear Market Foot Prints in the US stock markets. Indeed they were telltale barometers in forecasting the stocks Crash in 2001-2003 and again in 2007-2008. Unfortunately, these same Bear Market Foot Prints are again visible…and...

For the 1st time in years, everything is in place for a major bullmarket phase to get underway in gold and silver. There are two big reasons for this. One is that the dollar is looking set to drop - and has started to already.

Almost everyone is searching for answers about what to do in the stock market. The two best sources are the market itself; and the second source will surprise many, but it is you! No one has a greater vested interest in your financial interests than you when it is...

A very choppy week for stocks until Friday when the downtrend resumed. I tried several stock trades this past week and took mostly small losses. However, we have two trades which are working very, very well and paying for those losses and much more. I usually have...

Let's begin with the below graphic from the 26 December edition of The Gold Update (which was queried "Gold to Ascend into Year's End?"). Having alluded to this picture a week ago, we now deem it worthy of being re-presented and updated through yesterday's (Friday's...

Gold and its step sum are looking pretty impressive. First a short step sum review from tail end of gold’s last bear market up through today. From January 1998 through 2001 I could have placed a bull box in the chart below.

One of the common transitions that bull markets go through as they age and die is a narrowing of leadership. As formerly strong sectors begin to stall out, investors shift into whatever is still looking good -- that is, whatever still has upward momentum. Eventually...

We are again seeing more and more experts and non-experts calling for the bottom for gold and silver, but none can confirm it as a proven fact. Few realize how important it is to have confirmation that one’s position is correct and will be profitable. It is...

Gold sector is on major sell signal. Cycle is up. Prices testing major resistance.Silver is on a long term sell signal and investors should be in cash or short. Short term is on buy signal but prices are testing 200ema resistance.

In our missive last week we noted that: While good things are happening under the surface for Gold, its lack of a strong rebound in recent months argues that such a rebound is in the future but not imminent. Gold’s steady downtrend could resume in the next week or...

Technical Analysis of The Markets Via Videos.

Gold and its miners’ stocks are rocketing higher as speculators and investors alike return to this left-for-dead sector. This sudden deluge of capital inflows has crowned gold stocks the best-performing sector of this young new year by far, shocking traders. And...

In my last published article titled “Intermediate Forecast: Gold, Silver And Mining”, I noted that prices were fast approaching our initial target areas for gold, silver and miners. Most have reached the previously posted targets. Consequently, I will now begin...

Crude oil prices have dropped from about $106 in June of 2014 to briefly under $30 in January of 2016 – down about 74% peak to trough. This appears to be an on-going disaster for oil companies, the banks who loaned money to frackers, oil exporting countries, global...

Last Sunday (31 January) Zero Hedge ran an article drawing attention to the big names in the hedge fund community who are betting heavily that the yuan will suffer a major devaluation any time between the next few months and perhaps the next three years. The...

Gold is 3.6% higher this week and is now over 9% higher year to date. The dollar saw sharp falls this week on growing doubts that the Federal Reserve will be able to raise interest rates. The gains this week were due to increasing concerns about the U.S. and global...

China May well Change the Game: China lifts reading of cenbank gold holdings by 57 pct. Gold now accounts for 1.65 pct of total forex reserves. According to Central Bank Data, China's gold reserves stood at 1,658 tonnes at the end of June of last year. This was up...

We have been predicting for months that the FED would not be able to raise rates as aggressively as the market was expecting. Thus, we have been long gold and mining stocks believing that a reset in expectations for how fast the FED would raise rates would be...

One of the great things about stock charts is they allow us to track the markets using reference points from the past. For example, we may have drawn a trendline three weeks ago, then three weeks later the market rallies back to the trendline and reverses. Therefore...

The action in nearly all markets worldwide changed on a dime since January 1st. I am not sure “what or why” the change coincided so closely with the calendar year, but the rate hike by the Fed is the leading candidate. As for the real global economy, there is...

The comatose mining stocks finally came to life today and showed signs of some determined buying, something that has been missing in the recent leg higher in the gold market. From a technical analysis perspective, the fact that they were able not only to breach that...