Gold Editorials & Commentary

The March employment report was a huge miss. What does it mean for the U.S. economy and the gold market? The BLS reported on Friday that payroll employment increased just by 126,000 in March, significantly below expectations for job gains of 245,000. It was the...

The big story regarding the Asian Infrastructure Investment Bank was the application by the Israelis. This came just prior to the deadline and of course at the displeasure once again to Washington. Britain was the early defector followed by Germany, France and...

The latest US jobs report has stunned most analysts, with its dramatic weakness. Most investors in the Western gold community are nervous about rate hikes, and this report supposedly gives the average gold investor a little breathing room. I beg to differ. In the...

Tony Blair has entered into the British election campaign debate in support of David Miliband on the issue of what he regards as the Tories reckless attitude to Europe and the potential ‘BREXIT’. Blair will address his former constituents in County Durham today...

A rare event occurred this past week; the CFTC charged a major food company, Kraft, Inc., with price manipulation in the wheat market. You can count on one or two hands the number of times the federal commodities regulator has charged anyone with price manipulation...

Ben Bernanke presided over the Federal Reserve for two terms, from 2006 through 2014. A year and half into his first term, he began driving the Federal Funds Rate down. By the end of his frantic interest episode, this key overnight lending benchmark had been crushed...

We suspect that the gold bull market that began in 2001 is, in very rough terms, an elongated version of the 1971-1980 bull market. Part of our reasoning is that there is evidence in the performance of the gold-mining sector of a bullish gold trend beginning in the...

Federal tax season is here, and if you recently embarked on--or want to explore--one of the many types of gold investments, you need to know how the Internal Revenue Service treats them. Any gains from gold and physical-gold Exchange Traded Funds or ETFs outside an...

We seem to have finally arrived at some sort of moment of truth regarding Greece and their inclusion in the EU.  The speculation is they will be o

"The world that disappeared in 1914 appeared, in retrospect, something like our picture of Paradise," wrote the economist Cecil Hirsch in his June 1934 review of R.W. Hawtrey’s classic, The Art of Central Banking (1933). Hirsch bemoaned the loss of the far-sighted...

The "Big News" presently making the rounds is the "Big Drop" in StateSide payroll creation for the month of March, the number (126,000) being some 50% below that anticipated by expert economists coast-to-coast, et alia.

Financial writer Bill Holter says don’t expect the economy to get better anytime soon. Holter says, “We’re probably in recession again . . . the economy has been quite weak. It looks to me we could be breaking down in the stock market. This is going to be a...

As estimated by the USGS, world gold production increased again in 2014. It increased from 2800 to 2860 tons of gold, an increase of 2.1% (the increase was 1.6% on average since 1928). The world has never produced as much gold in a single year! Below are 8 points...

Gold jumped the most in two months on Wednesday topping $1,200 an ounce. The move came on the back of a report showing U.S. employers added 189,000 jobs in March, disappointing expectations of 225,000. This was the smallest gain in employment since January 2014,...

Some interesting things have come to my attention: 1) it looks like precious metals are going to rally strongly over the next week and a half; 2) at the same time the stock market is going to go through some wild swings both up and down.

Last week, I began with the premise that tracking sentiment is a much more accurate way to determine the direction, or change in direction of a market, relative to fundamental analysis. This week, I will outline the shortcomings of fundamental analysis, and follow...

In a marginally more upbeat assessment of gold’s likely future supply/demand situation and pricing, Metals Focus is predicting the likely end to the gold bear market this year.

For some time I have been pointing out the long-term deceleration pattern which was taking place in the SPX. Last week I also mentioned that the index’s inability to make a new high before being pushed back toward previous short-term lows might be carrying some...

The ADP employment numbers released Wednesday were weak indicating a slowing in the economy, and commodities rallied under the assumption that the Fed will delay rate hikes. Friday the Non-farm payroll numbers came in at only 126,000 jobs versus the expected 245,000...

Gold speculators and large futures traders sharply boosted their gold bullish bets last week to the highest level in three weeks and notched a second straight weekly rise, according to the latest Commitment of Traders (COT) data released by the Commodity Futures...

If you’re willing to ignore the behind the scenes shenanigans in the stock market; central-bank market stabilizations, management driving their companies deep into debt to fund share repurchase programs, and dubious earnings numbers, then Wall Street is doing just...

For a long time, nearly four decades, growth has been getting progressively weaker during each recovery from recession. Of course, the U.S. is a major contributor to world trade and QE, but its trend of weaker growth is present in all major developed economies.

I forgot exactly where and when I read it, but I recall seeing that one of the things that the Fed looks at when considering the employment situation, is a rolling 12 month average of the number of jobs created or lost. This gives them more of a smoothed indicator...

The only thing that has experienced a worsening depreciation since the privately owned Federal Reserve unconstitutionally took over the Constitutionally mandated control of US money, willingly ceded by a vapidly inept Congress, has been common sense. There is none...

FXI, Gold, Silver, GDX, GDXJ & Junior Gold Stock analysis via videos.

We saw a pretty choppy and frustrating week overall for stocks and markets with only very select securities working while others didn’t work at all. We’ve had some great setups lately only to see most fail, while some have worked well, but overall, it’s been a tough...

Gold sector is on major sell signal. Cycle is down. 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 traders can play for a bounce if risks are manageable.

My father, a WWII veteran, has been gone 20 years yet his words ring truer as years pass. He said, “I learned surviving the depression that government should stay out of people’s business and only do for the people what the people are unable to do for themselves!” I...

Ok that is not a picture of a gold bull market. It is anything but. But I will get to the bull market. Some analysts have in the past compared the current gold market decline (2011-2015) to the gold market decline of the 1970’s (1974-1976). So far, the current...

There is only one way to value gold, and that is to quantify the expansion of the fiat currency in which it is priced. That is the sole purpose of the Fiat Money Quantity (FMQ), which since I last wrote about it five months ago has increased by $375bn to $13.7...