Gold Editorials & Commentary

We can’t speak about the manipulation of the gold price today without understanding the derivatives market. Right after the crash of 2000 in the stock market I became alarmed by the exponential increase of derivative products but especially by the complexity of...

It’s been over 3,280 days since a hurricane hit Florida. As hurricane season comes to a close next month, only Mother Nature knows how long the streak will last.

The United States is doing better than it has in years. Jobs growth is up, unemployment is down, our manufacturing sector carries the rest of the world on its shoulders like a wounded soldier and the World Economic Forum named the U.S. the third-most competitive...

One of the pillars of any major world economy is its Energy Section. Therefore, how much a country consumes is a sign of its growth and relative economic strength vis-à-vis other nations. The following table shows the 12 biggest energy consuming nations in 2006....

That gold mining has generally been a crappy long-term investment for almost five decades is evidenced by the following chart. The chart, much of the data for which were provided by Nick Laird of www.sharelynx.com, shows the ratio of the Barrons Gold Mining Index (...

Does gold respond to the inflation or rather to the real interest rate? Paul Krugman said once that the reason behind the high real price of gold between 2001 and 2011 was low real interest rates, not the expected inflation. Is he right and are real interest rates...

From my seat and in light of the price action this past week, I truly find the lack of understanding surrounding Dow Theory amusing. I also find the content from most any article on this subject to be inaccurate and/or typically misleading. Such erroneous...

In my last analysis from 7th of September I thought that Gold would hold up well above the US1,240.20 level. Obviously I was wrong as Gold had a terrible month and plunged all the way down to US$1,183.30. If you followed my recommended stop-loss swing traders should...

The market action of the past two weeks has confirmed that SPX is currently in primary wave IV of the bull market. It is also likely that wave IV is evolving into an A-B-C corrective pattern, and that wave A has probably been completed at 1821. Wave B has already...

Two weeks ago (October 3rd) I noted the bearish NYSE 52Wk High & Low data that began just days before the Dow Jones reached it latest all-time high on September 19th. I included the table below (with data updated to October 3rd), along with the following...

Franco-Nevada Corporation (FNV) is the Big Daddy of the Canadian gold market. It is listed on the Toronto Stock Exchange (TSX) with a market capitalisation of around CAD$7.8b. Its main interests are its North American gold assets but it is a truly global company...

A wild and tough week that saw some major declines and large swings. I did say here last week that “Cash is the most important position to take at times and now is that time.” Subscribers get much more detailed information on a nightly basis and we did hit a few...

Does the Current Market Volatility Signal A Trend Change in Sentiment?

Long term – on major sell signal since Mar 2012. Short term – on mixed signals. Gold sector cycle – down as of 8/8. COT data suggests a tradable bottom is not in yet for the metals.

Take heart PM community, your turn is coming. What is happening in the stock market is a harbinger of what is sure to come for gold and silver, at some point in the future. When? Ah, that elusive question the answer to which so many want to know, the same answer...

Gold is currently getting a reprieve as it trades close to $1240 which is above important weekly support at $1200. It’s safe for the time being but we believe that Gold will ultimately break back below $1200 and below $1100 before the end of the already long in the...

DOW Targets, Gold Fibonacci, Silver Fibonacci, GDX Fibonacci, GDXJ Fibonacci & US$ Analysis via videos.

The world’s financial markets are changing dramatically with the Federal Reserve on the verge of ending its third quantitative-easing campaign. The Fed’s massive deluge of inflation drastically distorted markets, which are finally starting to normalize. The...

Many experts hold dim views of the current state of the US economy—but what’s a prudent investor to do to make a profit? Find out what the blue-ribbon faculty of economists and investment pros at the recently concluded Casey Research Fall Summit thought.

There are strong indications that the remarkable run up of asset prices in the last few years is beginning to run out of steam and may be on the verge of collapse. We will leave aside the question of whether the asset inflation is symptomatic of a garden-variety...

The first round of QE began in March 2009 and after 5½ years, the Federal Reserve’s bond buying program is coming to an end. Since the QE program boosted confidence, combated deflationary forces and sparked an epic bull market on Wall Street; it is hardly...

Stocks bounced earlier today because a NON-VOTING member of the Fed, James Bullard said that the Fed cannot “abide” the drop in inflation expectations. Setting aside the fact that Bullard DOESN’T VOTE with the Fed and so has no REAL SAY in anything that happens...

Gold climbed $4.40 or 0.36% to $1,237.80 per ounce and silver slipped $0.03 or 0.17% to $17.43 per ounce yesterday. Gold’s now nearly 5% above its recent lows and is again acting as a hedging instrument in investment portfolios after sharp falls in stock and many...

The world as we knew it changed after the dot-com crash of 2000 and especially after 9-11. National debt zoomed much higher. Stock markets crashed. The Fed introduced more “stimulus” and helped create a housing bubble. Government became larger and more intrusive....

In an article in the UK's Telegraph on October 10, veteran economic correspondent Ambrose Evans-Pritchard laid bare the essential truth of the nearly universal current embrace of inflation as an economic panacea. While politicians, CEOs and economists talk about...

The 2008 crash was a warm up. Many investors think that we could never have a crash again. The 2008 melt-down was a one in 100 years episode, they think. They are wrong.

There is no better way to force every remaining “gold bug” to abandon ship than to have gold sink below the obvious major long term trend line. If this does take place there are many who will adamantly state that the “manipulators” are responsible for this decline....

Unfortunately the gold bugs today cannot keep inflation down by buying gold and silver thus removing a portion of excess dollars from the U.S. economy! It would be a real boon if possible for everyone by keeping a lid on inflation which is caused by too many...

After President Nixon’s gold default in 1971, many people advocated a return to the gold standard. One argument has been repeated: consumer prices are rising. While this is true, it wasn’t compelling in the 1970’s and it certainly doesn’t fire people up today....

Ever since the world suffered a near collapse of its economic and financial system in 2008, investors throughout the world have purchased physical gold in increasing volume. However, if you lived in the United States… the opposite is the case.