Gold Editorials & Commentary

Veteran investor Marc Faber, author of The Gloom, Boom and Doom Report, reiterated the need for gold in a diversified portfolio when interviewed last week on CNBC. Faber, a resident of Thailand, is an advocate of gold storage in Singapore, and believes that a...

Tonight I would like to update a few oil charts I posted several weeks ago when oil was breaking out of that multi year five point triangle reversal pattern.

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 a major bottom is not in yet for the metals.

While the Shakespearean reference, from “As You Like It,” compares the world to the seven ages of man, it can also be applied to the way in which the Rothschild formula for gaining control of a nation’s money supply ultimately leads to that nation’s total...

Black Friday has a few meanings. It has the retail connotation…and interestingly also marks a Friday in September 1869 when the Gold price plummeted after two speculators attempted to corner the market. Today wasn’t that bad for precious metals, but it was a Black...

We all know that the major central banks around the world are on the same page when it comes to inflation: They want it higher. One member of the European Central Bank’s executive board, Yves Mensch, went so far as to suggest that Europe’s central bank might buy...

South America has been a major beneficiary of the 2000s gold bull, party to some big discoveries by the mining companies flocking there. Some of these discoveries have already been developed, with top-three producers Peru, Brazil, and Chile for example seeing their...

The hypothesis that follows, if carried through, is certain to have a significant effect on gold and the relationship between gold and all government-issued currencies.

If one loves to ride a roller coaster, then owning gold stocks may be for you. The above chart of the Philadelphia Gold & Silver Exchange (XAU) is enough to give anyone that sinking feeling one gets while riding a roller coaster. On a roller coaster when the...

There are just 3 days left until the “Save Our Swiss Gold” referendum this Sunday. On November 30, voters in Switzerland will head to the polls to decide whether the Swiss National Bank (SNB) should back the Swiss franc with gold by increasing its gold holdings to...

The Swiss National Bank would be forced to buy the equivalent of around 70 per cent of total global gold production for the next three years if the referendum being held in Switzerland next Monday is passed. Gold prices could easily double within a matter of weeks...

In my last analysis from 19th of October I expected Gold to break down below US$1,180.00 rather sooner than later. After a final push towards US$1,256.00 the bears took over again and Gold sold off all the way down to US$1,130.00.

The referendum on the Swiss Gold Initiative will take place on November 30.1 The Initiative demands the following: (1) The Swiss National Bank (SNB) shall be prohibited from selling any of its gold reserves; (2) the SNB’s gold reserves must be stored in Switzerland...

Gold and silver are not going to have a rally. They are going to experience a “Monster Bull Move.” The move that is ready to begin will be the largest bull move that the precious metals have ever experienced. The technical reasons why are contained in this REPORT....

For over two thousand years, China practiced what came to be known as the “tributary system,” reflecting the view that it alone was the center of the civilized world. All who wished to do business with the Chinese were considered tributary states. Rulers and...

The “strength” in the dollar appears to have been the proximate cause of the recent selloff in gold. The rise in the dollar index (DXY) is taken by most to mean that the dollar is actually strong. The chart below shows the inverse correlation between the DXY and the...

I was going to take a break from writing for the remainder of the year, but before I do I want to write one more article on gold and silver as developments now in late November may prove to be historic. No guarantee from me that gold and silver may be ready to take...

While it hasn’t affected gold significantly, the price of oil has fallen quite dramatically over the past couple of months, and that’s bad news for oil companies. Profit margins are shrinking and layoffs could be coming, if the situation doesn’t improve.

In our opinion no speculative positions are currently justified from the risk/reward perspective. Yesterday was a day when the precious metals market took a breather, but it’s not true that nothing changed at all. Friday’s breakout in platinum was invalidated. Is...

Gold prices have drifted slightly lower this week after hitting the highest level in three weeks due mainly to a stronger U.S. dollar and China’s move to cut a key interest rate. The greenback received a boost last week when European Central Bank (ECB) President,...

We saw yesterday that, although the Dollar has been strong versus the currencies of our trading partners, over the long haul – 60 years – Americans have been savaged by our government’s policies which have caused this fall in the Dollar’s international purchasing...

For most of my career in international investing, I had always placed a great deal of faith in Switzerland's financial markets. In recent years, however, as the Swiss government has sought to hitch its wagon to the flailing euro currency and kowtow increasingly to U...

What really drives the price of gold? Some say it's a fear gauge. Others prefer to look at the demand coming from the Indian wedding season. But the silliest of all conclusions to reach is that the dollar price of gold should be determined solely by its value vis-à-...

"Whether the single medium is gold, silver, seashells, cattle, or tobacco is optional, depending on the context and development of a given economy. In fact, all have been employed at various times, as media of exchange. Even in the present century, two major...

On morning of 17 November, while Western investors were sleeping, China opened the door to its investment world. On that day China began two way trading between the Shanghai and Hong Kong stock exchanges. This development essentially opened the Chinese stock market...

The Dutch central bank said Friday it is repatriating some of its gold reserves from the U.S., making it the latest central bank in Europe to address public concerns about the safety of its gold in the wake of the eurozone debt crisis.

Indubitably, there are several factors which heretofore have affected the price of gold. Needless to say, these factors have been material drivers that have fuelled the price of gold since the present secular bull market was birthed in 2001.

In part two of this Weekend Report I want to take an in-depth look at the US dollar as many of the important currencies of the world all seem to be making important moves right now. If that is true then the US dollar is also in the process of making an important...

Very few people understand what Putin is doing at the moment. And almost no one understands what he will do in the future. No matter how strange it may seem, but right now, Putin is selling Russian oil and gas only for physical gold.

After two years of insane money printing designed to rescue its failing economy, Japan has now been rewarded with… another recession. So what went wrong you ask? The same thing that always goes wrong when a central bank resorts to money printing to rescue an economy...