Gold Editorials & Commentary

If the foundation of the financial system is debt… and that debt is backstopped by assets that the Big Banks can value well above their true values (remember, the banks want their collateral to maintain or increase in value)… then the “pricing” of the financial...

While the US beefs up its navy presence around the Gulf of Aden – apparently in response to Iran dispatching a navy convoy to bring arms to the Yemeni rebels – the Saudi’s operation has entered a new phase.

Last Monday there was a meeting in Washington hosted by the Official Monetary and Financial Institutions Forum (OMFIF) to discuss the future relationship (if any) of gold with the Special Drawing Rights (SDR). Also on the agenda was the inclusion of the Chinese...

"Money is sound when it fulfils its functions as a means of payment and store of value as smoothly and reliably as possible in people's everyday lives. Sound money retains its value and is generally accepted. It also makes an important contribution to social harmony...

Gold Price: We want to draw your attention to the possibility that the wave .b. triangle is expanding -- and therefore it did not end at the 1208.70 high. In this case, all of wave -ii- would look like (wave -i- ended at 1224.30):

Soon to be front page news again will be Greece and their insolvency. The question will remain (for a time) whether or not they stay in the Eurozone, leave by choice or get "kicked out". I am not even sure if being forced out is a legal option, we may see.

Imagine you could go back in time so you could buy some investment at a bargain. Many might also wish to go back in time to sell something. But, let us stick with the idea of returning to an earlier time to buy some asset, like before Gold began its ran to $1,900....

For us the answer is obvious. Additionally, analyst Jeff Berwick has his views: Can Central Banks Go Bankrupt? But if you are confused about what a central bank is, this reply to an un-named but popular competitor might be as good as any place to start. If it takes...

Enter the Dragon. China’s push to challenge U.S. dominance as the global economic superpower and to challenge the dollar as a global reserve currency involves gold – “a lot of gold.”

A TDV subscriber forwarded us an article that said the Federal Reserve was dangerously close to going "bankrupt," stating, "In direct figures, the Fed has $4.485 trillion in assets, but a whopping $4.428 trillion in liabilities, leaving only $57 billion, or about 1....

Historically low bond yields across both the private and government sectors are reducing the margin for error when it comes to the ability of the markets to withstand a bond market shock.

You’re likely thinking that a discussion of “sound banking” will be a bit boring. Well, banking should be boring. And we’re sure officials at central banks all over the world today—many of whom have trouble sleeping—wish it were.

A common refrain from commentators over the last year or so is that the bull market in US equities is “long in the tooth.” The very use of this phrase implies a market which has reached a stage of decrepitude from which only bad things can result. “Long in the...

The upcoming FOMC meeting on April 28 – 29 could keep COMEX gold prices under some pressure. Regardless, influential Western bank economists continue to focus more on events in Asia. In the West, gold is mainly associated with extremism. Fear of impending...

Look, there are so many things going on in the world that it's easy to overlook, or simply miss, some of the major news items of the day. One such story caught my eye yesterday and it occurred to me that it definitely needed our attention.

The Gold price fell last week as forecast. It is beginning to look weak -- and anyone with a bullish bias should be concerned at its lacklustre performance over the last couple of weeks. In view of this, we forecasted a much larger decline than we actually got....

Russia increased its gold holdings by one million ounces in March, bringing its total reserves to nearly 40 million ounces or 1,238 metric tonnes. The Russian one million ounce gold purchase is a large one even by Russian standards as in recent years they have...

Gold, now well into year four of a bear market, continued its familiar pattern on Monday: one step up, two steps back. My long-term correction target remains $810, although I’ll always keep an open mind about trading from the long side, or even initiating a long-...

For the past decade, junior mining companies have outperformed senior miners at finding new mineral deposits and generating wealth for investors.

This past Friday, Dave Kranzler of Investment Research Dynamics put out a very thoughtful article and chart regarding the spike in “reverse repurchase agreements” RRP’s held at the Fed.

I apologize ahead of time for the length of this post. The extreme length is a function of Harry Dent’s most recent diatribe on why you should not own gold and why should “sell it short when he tells you to”. Mr. Dent has so many incorrect thoughts and what he...

It’s Friday afternoon, and global stocks have had a very, very bad day. After the Chinese stock market closed for the weekend, its regulators, in their omniscient wisdom, decided to increase the amount of permitted “shortable” stocks. Consequently, Chinese stock...

Gold and silver are the best preservers of your capital when other currencies fail, especially because you don’t have loss of purchasing power or loss of opportunity costs because interest rates are almost zero or negative. The question is when the dollar reverses...

The Greek government and its “partners” appear to be reaching the end of the road in their negotiations to release the final €7.2 billion of its €240 billion bailout deal.

Gold traders remain divided amid speculation over the timing of U.S. interest rate increases. Survey results show seven bullish, six bearish and six analysts with a hold recommendation. As of April 3, Shanghai Gold Exchange withdrawals stood at 647 metric tons (Mt...

Since 2011 the financial markets have been dominated by rises in paper markets and declines in commodity markets. Group One Paper Examples: T-Bonds, US Dollar Index, S&P 500 Index. Group Two Commodity Examples: Crude Oil, Sugar, Wheat, Gold, Silver.

Inflection Point: An inflection point on a chart is an area where the price action can break either up or down. It’s an area of confusion that makes investors go nuts. You know a strong move is coming but you aren’t sure what direction the move will go. I believe...

Until the times of R.N. Elliott, the world applied the Newtonian laws of physics as the primary analysis tool for the stock markets. Basically, these laws provide that movement in the market was caused by outside forces.

Precision timing for all time frames through a multi-dimensional approach to forecasting using technical analysis: Cycles - Breadth - P&F and Fibonacci price projections supplemented by Elliott Wave analysis

I don’t think medical doctors have diagnosed the condition yet, but Gold Bugs know that it exists. The affliction expresses itself as a constant desire to find bullish indications in every precious metals chart or article.