Gold Editorials & Commentary

It is with a deep sense of gratitude that I have had all of you as friends and associates during what has been a long war, not a good war, but a very long "financial war". As you know from these writings; this has been a war conducted by the Federal Reserve against...

On Thursday morning, whilst taping this week’s Audioblog, I discussed how overnight, the PMI Manufacturing reports in China, Japan and essentially all of Europe were not only miserable but well below expectations. Heck, even the PMI report in the United States of...

Frank Holmes of the USFunds.com summarizes this week’s strengths, weaknesses, opportunities and threats in the gold market for gold investors. Gold closed the week at $1,200.29 up $11.54 per ounce (0.97%). Gold stocks, as measured by the NYSE Arca Gold Miners Index...

2014 has been a very good year for the “policy makers.” Seeing the Dow Jones up 8.32% on the year tells us that, but more importantly we can see their success in enforcing “stability” in the economy by the lack of days of extreme volatility and breadth in the stock...

Now for more on what’s head for gold and silver and what suppressed prices are doing to the mine supply, let’s get right to this week’s exclusive interview:

Gold has been volatile in recent weeks. It broke down, then it bounced back up. So where does it currently stand? Gold’s timing will help us in identifying the lows and the steps upward towards a new bull market.

Most markets continue to show some strength, albeit slowly. We continue to march higher and higher regardless of the many people calling for a correction. While a small pullback would be great, the simple amount of scepticism tells us that there is a ton of cash on...

Gold has had a volatile week. It rose from $1,147 last Friday afternoon to a high of $1,205 on Tuesday. On Wednesday the price moved between down $25 on the latest opinion poll on the Swiss referendum, then recovered to $23 before falling again on the release of...

When you want to see the real reason why the U.S. dollar seems weak or strong, check out the underlying components of its index. Want to know where the smart money thinks the value of the dollar is going? Check out the weekly COT’s for the Commercial Traders net...

He who owns the gold rules. That has been the clichéd “wisdom” for some time. However it appears Russia has become the Rodney Dangerfield of the Golden Rule, for it certainly is not getting any respect. To the contrary, the Golden Rule has become subservient to...

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.

The topic of ‘currency war’ has been bantered about in financial circles since at least the term was first used by Brazilian Finance Minister Guido Mantega in September 2010. Recently, the currency war has escalated, and a ‘sanctions war’ against Russia has broken...

There is just over one week to go before the Swiss gold initiative referendum on Sunday 30 November. The release of the latest opinion poll earlier this week shows a strengthening of opposition to the initiative at the expense of the yes camp, with the level of...

Gold RSI, Silver MA, FXI, QQQ, GDX & GDXJ analysis via videos.

For several weeks I have been expecting a major secular bottom in precious metals and the junior miner. I told you to watch for the accumulation after a shakeout. The junior gold miners (GDXJ) appear to be on the verge of breaking a three month downtrend. There...

Gold has suffered a rough couple of months, getting pounded below major support. One driver was stock-market capital flowing out of gold again, as evidenced by renewed differential selling pressure seen in gold-ETF shares. But this was minor compared to last year’...

Gold made an all-time nominal high of $1,923 in September of 2011. In the following three years until the present, it has been mostly downhill. This is the longest and deepest correction of the entire bull market that started in 2001. Gold has declined by a whopping...

Gold, that “barbaric relic” from yesteryear just won’t go away even though the central banks around the world would like just that. I believe it was Keynes who first coined the phrase “barbarous relic” which has stuck for more than half a century. But why does it...

Gold’s reversal from $1130 to $1200 combined with sharp rebounds in the gold miners has given precious metals bulls some hope that the bottom may be in. A few weeks ago we noted that the sector was extremely oversold and a snapback rally could begin. Gold has been...

The gold price was drifting lower on Thursday, unable to find support from slightly higher than expected inflation numbers in the US that came in at 1.8% and solid Swiss gold export data. At $1,192 an ounce by mid-afternoon in New York gold investors can still boast...

“For a central banker, deflation is one of the Four Horsemen of the Apocalypse: Death, Famine, Disease, and Deflation. It is helpful to understand that, before a person is allowed to join the staff or board of a central bank, he or she is taken into a back room and...

Russia’s central bank bought about 150 metric tons of the metal this year, announced Governor Elvira Nabiullina yesterday. The pronouncement immediately created buying in the market, prompting gold to rise to a two week high at $1,200 an ounce.

There seems to be a lot of confusion out there as to whether the stock markets are bullish or bearish. Is the Dow Jones in a topping pattern as so many analysis are suggesting? I’ve seen some charts that are calling the big trading range, on the Dow Jones going all...

The highlight for the always great New Orleans investment conference last month was Allan Greenspan. He was special. One key moment was when he was asked about gold. He said gold is a good place to put your money these days as its value as a currency sits outside...

The strength (or weakness) in the U.S. dollar is one of the most important drivers of price of gold. However, this is not always true and there are times when they rise or fall simultaneously. The positive correlation between U.S. dollar and gold occurred, for...

As could be expected, the decreasing gold price has caused people to run away from gold investments and not only did the gold miners drop faster than expected, any decrease in the gold price usually also caused people to liquidate their holdings in the Exchange...

As Japanese Prime Minster Shinzo Abe has turned his country into a petri dish of Keynesian ideas, the trajectory of Japan's economy has much to teach us about the wisdom of those policies. And although the warning sirens are blasting at the highest volumes...

As a follower and participant in the gold bull market from 2002 until now, I can say unequivocally that the two most bearish periods sentiment-wise in the bull market so far are the fall of 2008, and right now. Therefore, by definition, the two most profitable...

Gold has not glistened since the summer of 2011 when a substantial rally took it to an all-time record price of $1,900/oz. Since then however it has been a one way trek south punctuated by an occasional weak rally or head fake. Gold’s inability to sustain a...

Gold staged a nice upside breakout from a bullish flag pattern just hours ago. After rising from an inverse head and shoulders bottom pattern, gold promptly formed a bull flag. The target of this pattern is the $1235 - $1240 price zone.