Gold Editorials & Commentary

Gold sector is on major sell signal. Cycle is down. Much lower prices in coming weeks.Silver is on a long term sell signal and investors should be in cash or short. Caution is advised as COT data has reached levels of previous tops.

Gold´s price action over the last two weeks has been pretty weak. The 50MA (US$1,196) has been lost and it looks like Gold wants to break lower. Yet it did not close below $1,170 and bulls are starting a recovery since the lows from last Friday @$1,162.

The joint CEO’s of Germany’s largest bank, Deutsche Bank, the twelfth largest bank globally in terms of assets, unexpectedly announced their resignation over the weekend. Anshu Jain will resign at the end of this month, almost two years ahead of schedule while...

China, India and Russia are accumulating a lot of gold, but they’re virtually alone. Traditional money managers, for a variety of reasons, view the metal as neither a viable investment (because it doesn’t pay interest) nor a substitute for cash (because they don’t...

With more evidence arriving this week, it has become a near certainty that both gold and silver prices have topped in their Biannual Cycles and will head lower into the summer of 2015. The gold price peaked in the ninth week of its biannual cycle.

Does the gold price still have to go to hell-and-back before it shoots very much higher? That’s certainly the opinion of many professional technical analysts and followers of the Elliott Wave theory.

As most of you probably know by now, it’s been my belief for about a year that gold’s bear market would not end until at least testing the previous C-wave top at $1050. Every D-wave correction in the secular bull has at least retraced to the previous C-wave top...

Our song and dance of a week ago concluded with a calculation for Gold's realistically reaching the 1400s -- before this year is out -- based upon these two assumptions: 1) the low thus far holds (1142 on 17 March) and 2) the "expected yearly trading range" of 274...

I’ve come to a point in my market observations where I have little desire to follow current market trends, except for maintaining my data files. I do admit though that I’m closely following Treasury yield daily closings.

As regular readers are well aware; the bubble-and-crash cycles manufactured by the Western banking cartel and its central banks are nothing but organized crime. What makes this scripted, financial theater so absurd (and infuriating) is that there are very rigid and...

Markets began to act sloppy this week…breaking to break below breakdown levels late in the week. Consequently, I locked in all my gains Thursday…and am now in an all cash position and looking for a little correction.

History has been quite clear. When the Fed prints too much money, holds interest rates too low for too long, it eventually creates a bubble followed by a market crash. It happened in 2000 with tech stocks. Then again in 2006 with real estate. Followed not long after...

The most remarkable fact the emerges from the chart of the Dow Jones Industrial Index below (source bigcharts.com) is that volume has been falling since 2009

Americans labor under the misguided belief that they have freedom, and by extension, freedom of choice. This simply is not true. Corporations are dictating more and more how Americans live, what to think, what to eat, and more. Google is a perfect example of what...

Gold and Silver are going to close down for the third consecutive day and the third consecutive week. As we pen this on Friday, Gold Price bounced from $1162/oz -- and could close near $1170/oz, while Silver traded below $16/oz and may close at $16/oz right on the...

Gold & Silver Oversold, DOW & Dollar Charts, GDX, GDXJ & SIL And Junior Gold Stocks analysis via videos:

Gold remains deeply out of favor thanks to global central banks’ extreme money printing. This fueled a global stock-market levitation that has temporarily short-circuited normal market cycles, leaving investors infatuated with stocks to the exclusion of prudent...

Jim Sinclair suggested a big picture topic to write about. Each step forward by the Chinese to make a foothold for the Renminbi (yuan) is one step backwards for the grip the dollar has held over the globe (as the primary Foreign Reserve Currency).

We know that the Federal Reserve cranked up their digital printing presses and created over $16 Trillion in new currency, swaps, loans, bailouts, gifts, etc. in response to the 2008 financial crisis. Example: Bernie Sanders says that Bank of America received over...

If China were to partially back its yuan with gold it would require a gold price of $64,000 per ounce, 50 times gold bullion’s price today, according to a recent article from respected Bloomberg Intelligence.

Decades ago, we used some quips attributed to the "trading floor cynic." After more than fifty years in the markets and after reading so much of financial history one might become jaded about the markets. Not in these pages. There are very few stock market trading...

China is in the late stages of constructing its thirteenth five-year plan, a process that commenced over a year ago and will result in a first draft in October. While the bulk of the plan will concern regional and domestic development, it is the international...

Even though the former Chairman of the Federal Reserve is now getting paid privately for his economic and market prognostications, he is still unable to identify or acknowledge the monumental bubbles that central banks have engineered.

One (perhaps the only) bright spot in the past few year's gold market has been Chinese and Indian demand for the metal. Here's a chart, courtesy of Ed Steer's Gold & Silver Daily, showing that the two countries have imported a cumulative 15,000 tonnes since 2008...

Blockchain.com, which claims to be the maker of the most popular Bitcoin wallet, suffered at the weekend what the Guardian describes as a “total crypto breakdown”, highlighting once again the vulnerability of electronic and digital currencies to human and...

The War on Cash is now going into hyper-drive. In the last 24 months, Canada, Cyprus, New Zealand, the US, the UK, and now Germany have all implemented legislation that would allow them to first FREEZE and then SEIZE bank assets during the next crisis.

Goldman Sachs’ chief equity strategist, David Kostin, said that “by almost any measure, US equity valuations look expensive”, which echoed Robert Shiller’s earlier opinion. Is the U.S. stock bubble finally going to burst? How will it affect the gold market?

Finance and economic writer David Morgan thinks the global economy very likely could take a sudden turn for the worst. Morgan says, “There is going to be a panic buy into the metals…and there is only so much to go around. Here following is an interview with David...

The European Commission has ordered 11 EU countries to enact the Bank Recovery and Resolution Directive (BRRD) within two months or be hauled before the EU Court of Justice, according to a report from Reuters on Friday.

No one ever mentions the 100’s of billions of dollars in fines and penalties doled out to the biggest banks all over America and Europe, on an almost daily basis and yet without even one single indictment and of course no prosecutions.