Gold Editorials & Commentary

By almost any measure, stocks are sharply overvalued. Warren Buffet’s favorite value metric for stocks is Total Market Cap of the market/ GDP. Today we find this metric showing stocks as sharply overpriced. As Doug Short recently noted, only the Tech Bubble is more...

Despite their recent underperformance, David H. Smith, Senior Analyst with The Morgan Report, remains bullish on precious metals, especially silver and palladium, as the "love trade" heats up and the global economy adds more debt to the system.

Currency depreciation, inflation fears and falling wages are weighing on average Russians and leading them to buy gold and silver bullion and some are making “unusually large purchases” of gold jewellery.

Yesterday’s strong rally, amounting to $26 from low to high, topped within a single tick of the 1208.60 target I’d provided. This validates the pattern itself (see inset), with the implication that any upthrust exceeding the high would be a good bet to reach 1238.90...

1- A deranged state of the mind usually occurring as a specific disorder (as schizophrenia). 2- Such unsoundness of mind or lack of understanding as prevents one from having the mental capacity required by law to enter into a particular relationship, status, or...

It is pretty much a given that we are living the end times of a three ring financial circus. If you doubt this, only a small amount of research on your part will confirm this. The odds in my opinion are quite high we will witness some sort of military...

Gold was essentially flat with a fall of just $2 or 0.0017% in dollar terms in the quarter. While gold was essentially flat in the quarter in dollar terms, it is important to note that gold was 11% and 5% higher in euro and sterling terms – building on the...

Markets fluctuate. Sectors cycle. Investors love and hate these facts, but we all know that if it were not so, it would be impossible to buy low and sell high. The problem, of course, is that no one can time the market consistently. That makes it hard to know when...

Back at the end of February of 2015, I provided you with a set up for the metals to decline strongly over a week or two period of time, to be followed by an upside reversal. I was looking for the markets to test or even break their 2014 lows, and then begin a rally...

Although gold has gone reliably opposite stocks lately, it is getting precious little lift so far Tuesday night despite the fact that index futures are under heavy selling. In any event, it’ll take another $5 of upside to trip a bull signal for the pattern shown....

The Financial Times warned today about the growing global ‘bond bubble’ and potential severe problems in the bond markets and ‘systemic risk’ which may come to a head in June if the Federal Reserve raises interest rates.

Since rallying from the $1142 area to about $1219, gold has retraced about half those gains. Bloomberg reports that investor short positions are now at the highest levels since 2006.

I can still remember being in elementary school and the alarm going off in the middle of class, it was time to practice "duck and cover." Another practice drill was when all six grades would march to the basement of the building and huddle in the boiler room, a...

It is an essential impossibility to solve problems created by excess debt and artificial liquidity with more of the same. That’s our credo here at Casey Research, and the reason why we believe the gold price will turn around and not only go higher, but much, much...

Overhead chart resistance centered between $1225-$1220 has proven to be a bride too far for the gold market. That region has now been confirmed with today’s plunge as a formidable barrier that gold bulls will have to overcome if there is ever going to be anything...

New Developments in Asia will have More Impact on Financial Markets than Garbage Rhetoric from the US Fed. The price of gold experienced its longest winning streak since 2012, last week as the price broke through the $1,200 level early Thursday and soared as high...

Earnings may very well have peaked. MarketWatch notes that adjusted profits (even after all of the accounting gimmicks), FELL last year. This is the first time this has happened since we entered the alleged “recovery.”

Deutsche Bank said that after seven consecutive days of gains in the gold market, it has become increasingly difficult to dismiss the rally as merely a function of the recent weakness in the U.S. dollar. Additionally, Saudi Arabia-led bombings in Yemen this week...

For many years, we have written about ‘peak gold’ and the ramifications of the underappreciated peak gold phenomenon for the gold market.

After last week’s air tragedy, maybe a poor thought process but please stay with me. Would you ever get on an airplane if there was no pilot? Would you be confident of reaching your destination safely? Of course not. Whether you know it or not, you are living in...

In this Weekend Report I would like to show you some charts for Natural gas, oil and the GDXJ. First thou lets take a quick look at the US dollar and the Euro which have started to consolidate their most recent near straight line moves. The monthly chart for the US...

A positive week for gold last week…but still just about within our forecast range on a closing basis, as we have mentioned before we expected volatility and nothing within the last few weeks has altered our longer term forecasts. The month of January closes on...

It is so frustrating when top bank analysts ignore the data from the Shanghai Gold Exchange (SGE) and instead rely totally on data from the World Gold Council as supplied by GFMS. The WGC admits itself that its figure of Chinese gold consumption ignores an...

During the last two weeks the model changed to a strong buy signal. The first buy signal that flashed was the GDX Daily-Chart followed by the Gold/Silver-Ratio. A very interesting development was the falling US Real Interest Rate. It went from 0.69% down to 0.49%...

Since the October rally, SPX has been trading in a broad congestion pattern with an upward slant. Any seasoned technical analyst will tell you that this is potentially a bearish formation which, most of the time, signals the end of an uptrend. In this case, it...

Gold positions gained slightly last week Gold speculators and large futures traders edged up their gold bullish bets very slightly last week to stem the decline of the previous seven weeks, according to the latest Commitment of Traders (COT) data released by the...

In my humble opinion, I believe that, as more and more study is conducted into the social aspect of economics, we will ultimately abandon the use of “fundamental analysis” as a main research tool in identifying market direction. In fact, many noteworthy scholars and...

Exactly one week ago, gold was trading close to its multi-year low and a lot of observers were convinced that gold was ready to collapse to $1,000 per oz in a similar fashion as it did in April and June of 2013.

2015's March Madness has well-exceeded the thrilling bounds of a bunch of talented youngsters running to and fro tossing basketballs, an annual State-Side event that captivates millions of us to the extent that seemingly hours of sports airtime are spent alone in...

Let the seller beware! The German citizen/investor who put away a few rolls of 20 mark gold coins (.2304 tr ozs. shown below) in 1918 would have done so at 119 marks per ounce. By early 1920 the previous rapid inflation had suddenly given way to deflation. Had that...