Gold Editorials & Commentary

Long term – on major sell signal since Mar 2012 when $HUI was at 550. Short term – on buy signals. Gold sector cycle – up as of 11/14. COT data suggests lower metal prices overall going forward.

We’ve believed that Gold would need to break $1100 before we thought a bottom could start to develop. While that could still be the case, we are starting to see building evidence that precious metals could be forming a bottom.

First, for all you right minded wording detectives out there, you are absolutely right… inflation is not rising prices and deflation is not dropping prices. Also, deflation is not two measures of a heavily manipulated bond market (chart 1) dropping impulsively. But...

The New York Times published an important article this week in which the benefits of gold to nation states during a period of currency wars was highlighted. The article was noteworthy as the New York Times has rarely covered gold in a positive manner.

The drop in commodity, and especially oil prices, has been spectacular. The price action has generated a wide range of commentary. Some say this is a reflection of the true state of the global economy. Like the Baltic dry goods index or electricity consumption.

It’s Wednesday afternoon, an hour after the NYSE close. I wasn’t planning on writing tomorrow – like last week, in lieu of an extended Audioblog. However, given how close the “end game” appears to be, I felt compelled to keep you a step ahead of the evil “powers...

Since the beginning of 2013, gold’s price action has been irrational. The fundamentals are getting better for gold in respect to demand and supply, but we see sudden, wild swings, often to the downside, on no news and for no apparent reason.

Respected economic historian and author of the “Gloom, Boom and Doom Report,” Dr Marc Faber has warned about the continuing and coming decline of western economic power. He believes that the generation of young people starting to work today will be the first in two...

In the context of the gold price, many relate the net long/short position in the US$ as an influence on the gold price. To a small extent this may be true, but not, in our opinion, to an extent that actually affects the gold price.

It's not just surfers who scrutinize wave patterns. Steven Hochberg, chief market analyst at Elliott Wave International, uses the Wave Principle to predict the movements of commodities and the stock market based on a number of factors, including sentiment. In this...

Volumes remain high in the bullion markets and volatility is higher if anything. We just had one of the biggest up days in a couple of years but, overall, gold hasn’t moved much higher. That won’t change until we get a number of up days in a row rather than the...

It was a very quiet trading day in gold on Monday---and even the the price spike that came minutes after the close of COMEX trading yesterday, didn't have a lot of volume associated with it. But it did improve moral a bit, as the gold price managed to close above $...

Gold jumped 2.3 percent to a six-week high yesterday as sharp falls on stock markets globally led to renewed demand for gold as a haven.

Many who will read this work have been sitting patiently waiting for the house of cards to collapse. For me personally, I confess the current maniacal financial bubble has gone on much longer than I ever imagined. What did we miss? Are we wrong or just early? In my...

Apologies for returning to Chinese and Indian gold demand again – but we do feel these two nations are so important for the future of the gold price given the huge amounts of gold they continue to absorb. This in total has to be close to, or even perhaps will exceed...

For those that joined us in the Trading Room at Elliottwavetrader on Sunday night, November 30th, it was quite an exciting evening.  As we all know, the metals had a sizeable move down, which was blamed on the vote in Switzerland.  But, as we knew beforeha

In a recent article I wrote, “Gold and silver could gap higher by the end of 2014 and the top notch juniors could skyrocket.” I expected a breakout at $1205. It appears gold may be breaking that downtrend today.

There can be little doubt that data releases rather than experience or intuition are driving the economic conversation. This is perhaps a function of the disconnection that many people feel about an economy that they no longer understand. Rather than trusting their...

Is there a strong bull flag pattern in play on the daily gold chart? The US stock market has lost upside momentum, and the falling price of oil threatens to create an “Armageddon” type of event in the junk bond market, yet gold looks and feels superb.

After climbing the most in a week as a retreat in the dollar and equities revived demand for the yellow metal, the spot price of gold has weakened marginally this week. The price of gold jumped more than 1% on Monday on a brief surge of late-day technical buying as...

A glance at any gold price chart reveals the severity of the bear mauling it has endured over the last three years. More alarming, even for die-hard gold investors, is that some of the fundamental drivers that would normally push gold higher, like a weak US dollar,...

The end of QE3 neither implies the real abandon of purchasing assets (due to reinvesting interest and principal payments and rolling over retiring Treasuries) nor the permanent exclusion bond-buying programs from the tools of monetary policy. Investors should also...

The financial world focuses far too much on stocks. The stock market, despite being at record highs (meaning record market capitalizations) remains one of the smallest, and least sophisticated markets on the planet.

The SGT Report interviewed GoldCore’s Head of Research Mark O’Byrne over the weekend. The video was released yesterday evening and has already had over 5,300 views.

Gold is hated more than ever by both governments and the financial services community. This is because it has now become imperative to keep the illusion of confidence in sovereign debt and paper currencies. To that end, a gentleman by the name of Willem Buiter,...

The last Hindenburg Omen was followed by a 1,162 drop in the Dow Industrials in only 27 days! So what is a Hindenburg Omen? It is the alignment of several technical factors that measure the underlying condition of the stock market — specifically the NYSE — such...

We can believe Willem Buiter, Citigroup’s chief economist when he writes negatively about gold…or we can watch gold launch into outer space. This is strictly a 60-year market veteran’s opinion. However, my eyesight is still 20/20.

This past week we saw some pretty wild action that told us markets and stocks were going to correct. But that was short-lived -- and now we are back on track for higher prices into years end.

Do you remember seeing old pictures of the Great Depression which depicted "lines?" There were two types, bread lines and also lines to the front doors of banks. While we don't see any bread lines today, trust me, there are bread lines in every single state, and...

Last year, many in 2013 were calling for the price of gold and silver to double, and more! Then came 2014 and those dashed hopes were pushed back to the second half of 2014. Earlier, in the first half of the year, we said that the second half could likely be more of...