Gold Editorials & Commentary

One of the oddities of floating exchange rates is that they cause people to view the world in terms of their own national currency. For Americans that means looking out through a window that is distorted by the dollar’s recent surge. A C$100-a-night Vancouver BC...

The past week was quite “boring” in the precious metals complex. Gold and silver traded lower during the week before recovering on Friday. The miners, obviously, followed a similar path.

Astute market observers are likely aware that Mr. James Dimon (JPMorgan Chase's Chairman and President and Chief Executive Officer, like so many folks in this economy having to hold down three jobs), noted in his annual shareholders letter this past Wednesday that "...

People never want to hear bad news, especially when it’s really bad and undeniably true. So, most of us turn on the television to get our world view from “reporters” and “experts” who have apparently dedicated their lives to protect their viewers from hearing the...

The Western U.S. Dollar based monetary system is headed for a train wreck. This isn’t a matter of IF, it’s a matter of WHEN. Investors lulled to sleep by the low paper price of gold are losing out on the best buying opportunity of a lifetime. The precious metals...

I warned back a few days ago that the market looked tired. We got a few more points since then as the FED minutes on Wednesday helped fuel the market higher. The set up is there for another “sudden 2% drop” early next week like we had on Mar 31-Apr 1.

US Markets remain trading within larger patterns, or range-bound, but are approaching upper levels within those ranges while the dominant trend remains higher. Stocks are setting up better charts by the day and have really come around in the last week or two -- and...

On this week's release of NYSE Margin Debt, Business Insider headlined "Traders are betting on stocks with tons of borrowed money". As noted on our last review, the pattern has been a compulsive peak in margin and a correction in the amount and the stock market....

There is little going on in the precious metals markets that indicates directional movement to the upside, and not even much to the downside. The news is as disjointed but permeated with sameness as ever before. To try to make sense of nonsense remains in the...

Gold sector is on major sell signal. Silver is on a long term sell signal and investors should be in cash or short.

Gold and gold mining shares appear to be as contrarian today as in 1999, before a decade‐plus run in which bullion rose nearly seven‐fold in US dollar terms. For those who are concerned that the financial markets are overvalued, we believe that gold offers an out‐of...

During 2014 country Central Banks bought 477 tonnes…close to a 50-year high…and that’s equivalent enough to buy 75 Boeing Dreamliners planes. This is at once astounding as well as revealing vis-à-vis a slowly dropping gold price since late 2011.

Gold’s bottoming consolidation grind continues, with investment demand still garroted by sky-high world stock markets and the parabolic US dollar. With investors missing in action, gold prices remain totally at the mercy of American futures speculators. These...

You might not be the type who needs or cares to subscribe to commercial market commentary/advice/trading/management services, but one thing we all can do is work through the freely available stuff calling itself ‘analysis’ flying around out there at warp speed and...

One of the persistent arguments against owning gold by many financial advisers and brokers is that it “does nothing” and it incurs storage costs. Unlike cash, which earns interest, gold is a non yielding asset. The second is that gold will perform badly when...

The stronger than expected February’s job market report fuelled expectations that the Fed will increase interest rates sooner rather than later. We believed that market reaction was a bit exaggerated, and suggested in the Gold News Monitor not taking the hike for...

Last time I wrote, I was dealing with the futures sell-off when the market was closed on Good Friday. I had been expecting strength into Monday, but the futures down move of almost 20 points made me rethink an alternative scenario. As it was, we didn’t have to sell...

One of the best ways to gain some perspective on stock markets and gold is to look at the Dow Jones Industrials (DJI)/Gold ratio. The Dow/Gold ratio has a long history as the 200-year chart above attests to. The ratio has had considerable movement over the years,...

“The proper use of capital allocation is to maximize long-term value per share.” That’s according to Ralph Aldis, USGI’s resident gold expert and, since 2001, portfolio manager of our two precious metals funds—Gold and Precious Metals Fund (USERX) and World Precious...

There is now mounting evidence and undeniable proof that the world is actively preparing for economic life after the death of the US Dollar. The facts are now quantifiable, and for those of us who are accustomed to this moment in history where the Dollar is still...

The plan for today was to pen an article regarding silver. I believe silver to be the cheapest, most undervalued asset on the planet. From these current levels I believe any capital in silver is a no brainer. Let’s hold off on this thought until next week however...

In our opinion, a speculative short position (half) in gold, silver and mining stocks is justified from the risk/reward point of view. Precious metals declined once again yesterday. The move was particularly visible in silver. Is the white metal telling us something...

The world carry trade for US Dollars is over $9 trillion. In today’s world of monetary insanity, investors seem to forget that $1 trillion is a staggering amount of money. So to put that $9 trillion carry trade into perspective, if it were a country instead of a...

Bank deposits in Austria will no longer enjoy state protection and a state guarantee in the event of bank runs and a bank collapse when legislation is enacted in July. The plan to ensure that the state is no longer responsible for insuring deposits has been readied...

The size and existence of the modern state is limited only by the ability to borrow money; an ability dependent on the continuing value of fiat paper money. That limit has now been reached. Greece is not just a country that overindulged on the bankers’ poisoned...

2015 has started brightly with gold, silver and the miners all rallying to higher ground as evidenced by the Gold Bugs Index, the HUI, gaining 50 points or approximately 30%. This sort of behavior in any sector brings out the bulls in full cry that the bottom is in...

Eric Muschinski: Due to the duration of the current bear market, we are more in a "grinding" bear market, which doesn't necessarily mean that we're not going to have a capitulation selloff at the end. In 1975–1976, for example, there was a harsh mid-cycle flush, so...

With metals and mining stocks frustrating so many for the last 3 years, it seems they will be frustrating folks for just a little while longer. As I have been saying for quite some time, I do not believe the bottom is in just yet. However, the market seems to be...

Tuesday morning, and it’s “one of those days” when I’m going to have to jam pack information into my article, as there are simply too many topics worth attention; starting with flat out validation of my the premise of my “126,000 job lie” article – a mere 48 hours...

We are again entering a collapse phase similar, yet far worse than we had in 2007-2008. I will show you a few graphs as illustration of weakness in the real economy and compare them to the financial bubbles we are living.