Gold Editorials & Commentary

Below is a combo chart that has gold on top and silver on the bottom. This chart goes back to the bull market top for both gold and silver and the bear market that ensued. Silver topped out in April of 2013 with gold topping out in September of the same year.

To quote the fictitious, yet widely beloved, Thomas Magnum: "I know what you're thinking." Entitle this piece with the inference that Gold isn't going to go down anymore, and quick as wit, 'twill summarily be flung off the cliff for a few hundred further points of...

Earlier this week I penned an article based on a talk by Ken Hoffmann, Bloomberg’s Global Head of Metals & Mining Research at the Global Mining Finance Precious and Base Metals Conference in London. This was published on Mineweb and has already attracted...

In his weekly market review, Frank Holmes of the USFunds.com summarizes this week’s strengths, weaknesses, opportunities and threats in the gold market for gold investors. Gold closed the week at $1,206.20 down $17.86 per ounce (-1.46%). Gold stocks, as measured by...

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.

If there is any certainty in the world, [and there is very little], it is that the demand for gold and silver is at its highest and has been running at a fevered pitch for several years. From John Keats “Ode On A Grecian Urn,” “…that is all ye know on earth, and...

Last week we wrote that the precious metals complex had not broken out yet and had more work to do before it could attempt a true breakout. The metals had some more upside and so did the shares. However, the poor performance of the shares this past week could warn...

Based on the literature, we have often claimed that gold is the best asset class during slowdowns. However, it is worth digging rather more deeply into this complex issue, also examining gold’s performance during recessions.

This week, as hard commodities came under early pressure, participants may have asked themselves: 1. Is the rally over in oil, copper and precious metals? 2. Was it just a dead cat bounce? - or, 3. Has the tide truly turned and a new uptrend just begun?

Gold and silver rallied strongly last Friday and into Monday's overnight trading (UK time) before spending the rest of the week drifting lower from initial highs to consolidate above notional support at $1200 and $17 respectively. As of first thing this morning, UK...

At around $1,200 per ounce as of May 19, gold has remained relatively steady over the last year and a half. Buying in physical gold markets has helped prevent further slides.

Gold & Silver Key, GDX Tree Pruning, GDXJ, SIL Ascending Triangle, Key Junior Stocks & Precious Metal Stock analysis via videos:

Gold has been fairly volatile so far this year, seeing plenty of big daily surges and selloffs. But with all these largely netting out to the sideways grind of recent months, gold’s price action has been frustrating for bullish and bearish traders alike. Gaming...

To hear BitGold founders Joshua Crumb or Roy Sebag talk about their new company, one would think they came up with the idea of individuals transacting in gold or using a debit card to access their gold holdings on their own. While I agree it’s a good idea, it’s...

I couldn’t help but be struck by an article about gold in the Economist in early May entitled “Buried” – The Economist, May 2, 2015. Okay, I know it is three weeks later and I am only now getting around to it.

The chief economist of the world’s third largest bank, HSBC’s Stephen King, has compared the global economy to the Titanic. In a note to clients on Wednesday he wrote “We may not know what will cause the next downswing but, at this stage, we can categorically state...

Nicolaus Copernicus came to similar conclusions even before Gresham in 1526…as he presented them in his paper “Monetae Cudendae ratio” (aka “Treatise on money”). As a result, nowadays we know the following formulation of Gresham`s/Copernicus law:

The giant gold ETF, GLD, reported yet another drawdown in its holdings this afternoon. This time around it was a 3 tons reduction bringing the total holdings to 715.26 tons. That is now up a mere 6.24 tons since the start of the year levels, a far cry from its peak...

The first chart I would like to show you tonight is the long term monthly chart for the US Dollar I showed you a week or two ago. It was coming into contact with the top rail of a massive 30 year falling wedge at 93.50.

China first delegated the management of gold policy to the Peoples Bank by regulations in 1983. This development was central to China’s emergence as a free-market economy following the post-Mao reforms in 1979/82. At that time the west was doing its best to suppress...

An article published last week in the world renowned Russian Pravda.ru site galvanized our interest. Its title is: “China saves up 30,000 tons of gold to topple US dollar from global reign” – See entire article. This article says unconfirmed reports allege that...

Gold is a regarded as a hedge against market turbulence by Bank of America who, in a note to clients, advised holding gold and paper currency at this time. Bloomberg report that Bank of America Merrill Lynch describe the markets as being in a “Twilight Zone” – the...

At Global Gold, I am often asked what we would do if, for example, the US comes out with a confiscation order. My reply is: We would do nothing whatsoever! Why? Quite simply, because no one in Switzerland has the political power to execute such an order!

The latest data for the weekly Commitment of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on Friday, showed that large traders and currency speculators continued to offload their overall net bullish positions in the US dollar...

Yearning for sunnier skies for your gold investments? How’s this sound… Gold in a decisive bull market, with the price steadily rising. Silver soaring and outpacing gold’s gains. Gold stocks rocking, erasing underwater positions and racking up the profits.

In the Western gold community, there seems to be a fairly widely held view that gold prices can’t rise much higher, unless confidence in central banking is lost.

After reaching a high of 1231.90 in yesterday’s session gold has traded sideways. The overnight low was 1216.90. The two options that we are following are:

A few months back I theorized the rest of the world led by a Chinese/Russian alliance might let loose with a "truth bomb" or a series of them. It is clear the U.S. has been on a pathway in the desire to start a war. We have pressed in Syria and the Ukraine but so...

Last week, gold prices gained an impressive $37 an ounce of 3.1%. And, on Monday prices hit a three month high and were trading just above the $1225 an ounce level. Gold prices hit their highest level since mid-February as the dollar’s decline increased investors’...

For a number of years the market presence of commercial traders has dictated the direction in the price of gold and silver. With deep pockets and by trading contracts in the futures market without having to back up their contracts with metal, commercial traders...