Gold Editorials & Commentary

Gold lost 2½ points for the week. Boring? Hardly. And thereto, we give a most deserved tip of the cap to Captain Endicott, who a week ago advised us to return to our seats and buckle up as turbulence aboard Gold's flight was imminent.

To become part of the IMF’s SDR basket, China will almost certainly have to unpeg its currency from the US dollar. A massive increase in its gold reserve may be an integral part of this process.

Last time I wrote, I was expecting the stock market to fill the gap left on the SPX near 2081-82 by Friday last week. That was accomplished on Thursday when the SPX fell to 2077. What I saw on my indicators showed more a lack of buying then true selling and it also...

Gold sector is on major sell signal. Cycle is up and a corrective bounce is in progress. COT data is not supportive for overall higher prices. Silver is on a long term sell signal and investors should be in cash or short.
SLV is on a short term buy signal and...

Today is May Day, the international day of workers celebrated by most communist and deeply socialist nations. To be sure, Obama should come out of the closet with admission of not only his Muslim roots but his Marxist roots. By now, he could have easily promoted the...

China is thought to be the great growth story of the post-2008 era. China’s economy not only bottomed before the developed world, but by most accounts, China was thought to be the engine that pulled the world out of recession, thanks to its near-clocklike hitting of...

As we pen this article Gold is trading below $1180/oz and set to close at its lowest level in six weeks. Gold is less than 2% from its weekly low of $1158. It is fairly close to another technical breakdown.

There are no markets left in any meaningful sense of the word – just a raging casino infected with the madness of the crowds and the central bank pied pipers who mesmerize them.

Gold Target, Silver Roller Coaster, GDX Rectangle, GDXJ & Key Junior Stocks analysis via videos.

The current gold price and silver price action has many concerned, and we wanted to take a minute to post some thoughts. To be clear, gold could still reach our May $1,300 target. Nonetheless, if gold has two consecutive closes below the $1,174.10 cycle low, I will...

Our curiosity was piqued as we reviewed the year-end reports of the primary gold producers. When we tallied the results, even we were surprised. The upshot of what you’ll see is that at its current pace, new supply will be unable to keep up with demand. It may look...

We’ll probably know before the opening bell whether Thursday’s nasty, $34 selloff was merely gratuitous. Rumor had it that some big sellers clobbered gold yesterday because they felt like it, but we’ll reserve judgment until it has been confirmed by the Times (take...

In a financial world of contradictions, chaos, and confusion, perhaps a “gold-centric” perspective will provide clarity. The media is filled with comments from notable “gold-bashers” such as Benjamin Bernanke, Warren Buffett, and Bill Gates. Their criticisms of gold...

Money velocity in its simplest terms is a measurement of how fast money is moving through the economy. Another way of looking it is that money velocity is simply a comparison between GDP and money supply. If money velocity is falling then that tells us money supply...

My plan for today was to write a very basic piece hitched to the one written yesterday "the money has to go somewhere". The plan was to point out that gold (and silver) will be the final destination for monies dislodged from crashing markets all over the world.

U.S. and U.K. GDP slowed very sharply in first quarter of 2015. Latest data confirms the rapid slowdown despite stock markets booming in the UK, U.S. and globally. This highlights the major disconnect between the real economy and a financial sector intoxified by...

The following chart from the Federal Reserve's own data pretty much sums up America. The rate of home ownership and the labor participation rate peaked about 10-15 years ago and it's been downhill since.

The dollar is always losing value. To measure the decline, people turn to the Consumer Price Index (CPI), or various alternative measures such as Shadow Stats or Billion Prices Project. They measure a basket of goods, and we can see how it changes every year.

We lost our country the moment Woodrow Wilson signed into being the Federal Reserve Act, which has no connection (in any real sense) to the federal government. Next we have a President who is told who to nominate, a faked motion, by appointing its chairman Yellen at...

A $20 rally here, a $10 rally there, and pretty soon we’re talking about the dawning of a bull market! It’s too early to tell, of course, but we should guard against the tendency to be dismissive of every positive event in the bullion asset world.

The irony about the current gold market is that gold is actually slightly higher than it was two years ago in June 2013 when it made a crash low. But many gold market pundits and the financial media have maintained their bearishness on gold for two years predicting...

Gold cooled off in the overnight session, which should not be a surprise after the sharp rally we saw yesterday! If this rally is now wave -iii- then gold’s raly should dramatically accelerate sharply over the next couple of weeks. Once we rally above the $1225...

The newly released Pentagon’s Cyber Security Strategy opens thus: “We live in a wired world. Companies and countries rely on cyberspace for everything from financial transactions to the movement of military forces. <…> Organizations of every kind must build...

Given its ancient history as money and jewelry, its religious connotations, the fact that it is both beautiful and laborious to dig out of the ground, process and store, gold is an asset that promotes strong and often emotional views and so it is the perfect central...

In this weekend’s Audioblog, I discussed how Wall Street and the Mainstream Media, so brainwashed by the financial bubbles Central banks have fostered, have essentially stopped reporting the news. Not just so-called “important” news, but all of it. After all, with...

Several people have asked me “why doesn’t a cartel form to take on the suppression schemes on the COMEX and LBMA?” This is a very good question. One I believe can be answered with some common sense, a little bit of thought and a very broad view.

While the benchmark GDX and GDXJ ETFs are struggling to stage clean upside breakouts, many individual gold stocks are staging dramatic rallies.

Well-known Moscow journalist Dmitry Kalinichenko expressed it well: “Very few people understand what Putin is doing at the moment. And almost no one understands what he will do in the future. No matter how strange it may seem, but right now, Putin is selling...

Precious metals had their best day since January yesterday as the price of gold and silver rose substantially. Gold rose over 2% and is now back above the important $1,200 per ounce psychological mark while silver surged 4.4% and is now comfortably above $16 per...

Both gold prices and silver prices have corrected longer and deeper than we initially anticipated. Gold is starting the sixth week of its current Biannual Cycle (average 20+ weeks) and is only $40 above the $1,141 Biannual Cycle Low. The US Dollar should break below...