Gold Editorials & Commentary

Gold has been steadily trending up since its early November low. The Swiss gold vote was expected so it was no surprise to see price turn back up after the initial dip in price. I still believe gold is on the cusp of a much greater rally so let’s see where things...

According to the USGS most recent data, total U.S. gold exports increased significantly in September. Not only did U.S. gold exports surge in September, they were 70% higher than the previous month. This was probably due to increased demand as the price of gold...

It is being said today's FOMC announcement is "the most important of Yellen's tenure." I could not disagree more. In the past I have written pieces regarding the potential announcements by the FOMC and come to the conclusion "what can they possibly say?" This is...

When growth slows in capital markets, the bankers’ daisy-chain of credit and debt breaks down; setting in motion defaulting debt which ends in recession, deflation or, in extreme cases, a deflationary depression.

Now that the dust from today’s wild ride, we can take a look-see how the Euro fared. In watching the initial reaction to the actual FOMC statement itself, the Euro began to move well off its session lows. It reflected the confusion that was in the minds of traders (...

I have long argued that gold would bottom around the all-in cost of production and this would provide price support. This is because as the price drops below the cost to produce, miners will be forced to shut down or suspend operations. This reduces supply and lower...

Rosy GDP numbers may have cheered the masses, but John Williams of ShadowStats.com says we're a long way from prosperity. In this interview with The Gold Report, Williams debunks the myth of economic recovery and warns that we still have serious debts to settle....

For as many years as I can remember and 2014 has been no exception, the most vocal mantra that can often be heard is one of warnings of an always imminent U.S. Dollar collapse as a consequence of a myriad of highly convincing arguments such as a soaring debt...

Oil has crashed…and now trading at roughly half the level it was just 6 months ago. There are winners and losers of course but this is not the point, the point is ...this is either the sign of a credit contraction, the cause of a credit contraction or both....

One of the most important financial questions someone of retirement age in the United States faces is when to start collecting their Social Security payments ─ and this crucial decision deserves the best possible information to work from.

Russia’s currency market witnessed further huge volatility again today. The finance ministry said it would start selling foreign exchange which are primarily in dollars. This appeared to reduce selling pressure on the battered rouble.

I keep thinking back to the story I related several weeks back; of how, with not a shred of knowledge of the character or intelligence of George W. Bush, I voted for him in the 2000 Presidential election – out of “fear” that the oilfield service stocks I analyzed,...

Will there be a stock market crash? What will happen to the dollar, gold, bonds and currencies? Recently, at the New Orleans Investment Conference, Pamela and Mary Anne Aden, known as the Aden Sisters, sat down with Axel Merk: each of them have decades of experience...

Over the last several weeks of weakness in the equity markets, we are now seeing the resurrection of another old perspective that gold acts as a “safe haven” during times of equity market weakness. And, it really plays well as a sound-byte. But, unfortunately, it is...

To say that gold is in a bear market is to misunderstand both gold and markets. Gold isn't an investment that goes up and down. It is money in the most basic store-of-value sense. Most of the time it just sits there, and when its price changes in local currency...

Is Santa Claus coming to town this year? For US stock market investors, it looks like the Grinch just stole Christmas!

Tax selling in this vehicle could produce a climactic bottom in the weeks ahead, but the range of possible targeted lows is quite wide, depending on how fierce the washout is. There are at least two logical hidden supports where we might look for an important turn:...

India's gold imports were over a staggering 150 tonnes in November and have seen a "phenomenal" rise in India according to India’s Trade Secretary, Rajeev Kher. A few weeks ago we said that the death of the Indian gold market was greatly exaggerated. The latest gold...

The conventional view is that Fed money creation is necessarily bullish for gold and that a tightening of monetary conditions beginning with the cessation of Fed money creation is necessarily bearish for gold. It's strange that this view is popular given that gold...

One can only draw so many lines on a chart before they become completely confused on what trendline is actually important. Many will just start connecting two top points and two bottom points and calling it a pattern. That’s not how you find a chart pattern. A chart...

The beauty of the Miles Franklin blog is one never knows how it might start. In fact, I often don’t know myself, until I sit down and start typing. Moreover, now that the world is rapidly devolving to 2008-style crisis mode, there are so many “horrible headlines”...

The stunning 40% drop in the price of oil over the past few months has scrambled global economic forecasts, changed the geo-political landscape, and has severely pressured many energy sector investments. Economists are scratching their heads to determine if the drop...

The deficit has now surpassed $18 Trillion…and we will pay through toil, taxes or theft. The U.S. debt will reach $28 Trillion by 2018, in just three years. Our government and the Fed are out of ideas, no one is buying U.S. treasuries anymore, no amount of taxes...

Gold traders are exhibiting bullish sentiment for a third week as the price of bullion continued through a second weekly advance. Assets in the SPDR Gold Trust, the world’s largest bullion exchange-traded product, rose on Tuesday at the fastest pace since July. The...

If we lived in a normal word of fiscal propriety, the falling oil price would be viewed as something to celebrate, as it reduces costs across the board, and should theoretically boost the economy, but we live in an abnormal debt-wracked world where instead fears are...

Since 1967 the gold price has enjoyed two secular bull markets: The first began in 1967 and ended in January, 1981. The second began in 2001 and is still in progress.

“SPX has reached an area of strong resistance which is reinforced by a cluster of Fibonacci targets.” This was the first line of last week’s summary. t has been vindicated by last week’s action. The sharp correction which was experienced by most indices has now...

The Dow Industrials just had their worst week since September 2011, losing 678 points from December 5th through December 12th. The S&P 500 has lost 77 points. This comes on the heels of the latest Hindenburg Omen, which was official on December 2nd, 2014, and...

Never before have I seen so many pieces of information to be put together in the span of just one week. This past week we were bombarded with connectable dot after connectable dot, nearly each and every one of them on their own would have caused a panic 30 years ago...

The clichéd definition of insanity is doing the same thing over and over and expecting different results. There is no room for sanity in the United States, anymore, and the public is sleepwalking through it all. Arguably, this has been carefully orchestrated by the...