Gold Editorials & Commentary

Why could September be fateful for the precious metals complex? First, consider its history within the current secular bull market. The years 2005, 2007, 2009 and 2010 have seen very important breakouts in either or both Gold and gold stocks in the month of...

In this so often ungraceful world of money we are getting the opportunity to witness a coming of age. A story filled with bobs and weaves, peaks and valleys moments of joy and years of sorrow the likes of which are book worthy. An opportunity so grand that simply...

For decades, investors have lived by the adage that you should not “fight the Fed.” In simple terms, this meant not investing in a fashion that went against the Fed’s policies. If the Fed was easing, you didn’t want to be short. And if the Fed was tightening, you...

Since my last report on gold and silver, both commodities have bounced from their lows. Does that mean the pullback low is in? Yes and no. Gold looks safe while silver looks shaky. Let’s examine both commodities price charts.

There are several potential disasters that could disrupt the financial and political status quo, much like what happened after an Archduke was shot 100 years ago.

In our opinion no speculative positions in gold, silver and mining stocks are now justified from the risk/reward perspective. When one looks at gold and silver prices and their moves yesterday, it might seem that nothing happened in the precious metals market. That’...

Prior to 2002 the Fed would tighten monetary policy in reaction to outward signs of rising "price inflation" and loosen monetary policy in reaction to outward signs of falling "price inflation", but beginning in 2002 the Fed became far more biased towards loose...

Last week, European Central Bank (ECB) head Draghi talked about the de-coupling of the ECB and the Fed’s policies, of policy divergence. Lots of pundits have suggested the same. With due respect to their views, my analysis of the data suggests they are wrong. If you...

Most investors buy gold because they are nervous about the financial system, government debt/bureaucracy, central bank money printing, and dangerous geopolitical developments. In a nutshell, that’s the “fear trade” for gold.

Quietly, and with little fanfare, Gold has begun to make some very interesting moves… The precious metal has been in the doldrums sine 2013, moving sideways throughout the last 18 months. However, today Gold looks like it wants to move higher:

An article caught my eye this week. The Tirumala Tirupati Temple in India has deposited gold at the State Bank of India, and is getting paid interest on their deposit. There is something unique about this. The interest is paid in gold.

This week began with gold prices still holding above $1300 an ounce after rebounding back above this level to two-week highs last week on rising tensions both on the Ukrainian-Russian border and between Moscow and the West. Tensions in the Gaza strip as well as U.S...

Elon Musk, CEO of Tesla Motors, told the Guardian last year: “The lessons of history would suggest that civilizations move in cycles. You can track that back quite far—the Babylonians, the Sumerians, followed by the Egyptians, the Romans, China. We're obviously in a...

In the middle of July the stock market finally awoke from its QE-induced coma and realized the Federal Reserve’s tapering, which has been going on for the last six months, was for real. Like a child, who becomes accustomed to a parent that threatens punishment but...

Probably the biggest reason this column has been silent for the past few months is that there has been so much to say; yet there is nothing really new to say. Sometimes I wonder how reporters do it. They write essentially the same story every week or month, but have...

Last week we seen the stock markets go down and the precious metals stock indexes go up for the most part, inverse correlation. Friday the stock markets had a big reversal day with the PM stocks being mostly flat to down. It will be interesting to see how long this...

The world’s richest man is reportedly building a massive hoard of cash. Reliable sources say multi-billionaire Warren Buffett has today more than $50 Billion in cash. This seems out of place for this legendary investor, whose long-time successful investment...

Weakness dominated markets this past week and many stocks followed. The summer of consolidation continues with some weakness thrown in for good measure. I still don’t think this correction will be very deep, rather, it will just put in the low of this base that is...

The silver to gold ratio (SGR) is the number of ounces of silver a single ounce of gold can be exchanged for at current prices. For reasons I’ve never understood some people call this the gold to silver ratio, which it certainly is not. Typically, but not always,...

With all the uncertainty in the world, and everything that could happen over the weekend, I think it’s safe to say that the market didn't rally 22 points naturally to complete a swing low as we go into the weekend. When I saw the index futures turn from deeply...

The rally is on! Let’s get straight into it by looking at the daily chart. I have added a Relative Strength Indicator (RSI) which shows a little bullish divergence. This week’s low was less weak than the previous week’s low. Also, notice how the RSI pushed deep into...

What do you get when a bunch of unelected bureaucrats band together? The EU. How is the EU different from the US? There is no difference, except that the US has the illusion of electing bureaucrats. The de facto corporate federal government remains undiscovered...

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 top is in for the metals.

Gold has once again begun to assert its safe haven value after the recent drop in equity prices. Last week’s Argentina bond default scare coupled with rising tensions between Russia and Ukraine have combined to spook global equity markets.

What are governments capable of doing? I ask this question since for many, it seems as if government is an omnipotent force capable of providing anything for its citizens and supporting its empire abroad. It is important to understand the role government occupies...

The mighty GLD gold ETF’s bullion holdings have remained stable in 2014, an impressive feat. Last year they suffered an epic outlying record plummet as the Fed’s stock-market levitation sucked capital out of alternative investments. This year’s resiliency in the...

DOW Short-Sale, Gold Charge, Silver MACD Signal, GDX 3-Great Targets & GDXJ Bull Hammer Chart Analysis via videos.

Last week, on July 30, the Republic of Argentina was declared to be in default for the third time in 30 years. Let's put that into perspective. If you were a bank officer who offered a 30-year mortgage to the Government of Argentina in the early '90s you would have...

A California 9.9 earthquake, Dow Index crash to sub-10,000, gold prices go parabolic, a possible Ebola outbreak in a major US or European city, derivative melt-down, another credit crisis, Ukraine becomes ground-zero for WW III, or maybe politicians “make nice,”...

We've been very bullish on the miners since January but became concerned recently with the poor technical action in the metals (specifically Gold). Last month the mining indices were very close to a major breakout yet couldn’t punch through. This signaled that Gold...