Gold Editorials & Commentary

Well, well.  What a pounding the metals took this week.  It’s no fun to grasp at hopes and dreams while your assets tumble to the weeds.

As usual the Federal Reserve media reaction machine has fallen for a poorly executed head fake. It has fallen for this move many times in the past, and for its efforts, it has tackled nothing but air. Yet right on cue, it took the bait once more.

Whatever expectation[s] you may have, expect the unexpected and unlike what you may expect.  So far, that has been playing out quite nicely, and one of our expectations is that it will continue to unfold in the same manner, and to the ongoing surprise of most.

A constant reminder that the major trends in gold/USD have reversed two years ago. Its wise not to live in the past.

Winston Churchill is famously known for having said, "The further back you look, the further ahead you can see,"  and indeed, historical precedent is one of the few tools we have at our disposal when studying major market trends, and i

In last week’s column I showed charts of how the market has alternated between significant bull and bear markets since the top in 2000, and how Warren Buffett has been right so far in his prediction in November, 1999 that, “Over the next 17 years equities w

Our recent calls for a bottom have been proven wrong as precious metals plunged to another new low. Two trading rules we have is to always use a 20% stop and never add to a losing position.

The US market is resilient, and major market tops are built slowly. Distribution volume and the lack of leadership are significant now. The average investor is probably too optimistic at this stage of the market. Better opportunities lie ahead after a market...

After the October 2012 top, gold has been in decline for nearly nine months, and this week it dropped to another low that has the radio/TV gold hucksters changing their tune from "buy gold because it's going higher" to "look how cheap gold is, buy on the dip".

In April the gold price buckled and fell $330, $200 of which took only two days. It was a well-engineered bear raid, initiated by over 400 tonnes of ‘short’ positions on the COMEX futures and options market.

Even before this week’s latest Fed-tapering scare, gold stocks remained firmly entrenched as the most-hated sector in all the markets.  They are as deeply out of favor as they’ve been in their entire dozen-year secular bull, hyper-oversold and radicall

Sometimes words speak louder than actions.  That has certainly been the case lately with the Fed hinting that it may taper off asset purchases by the end of this year.   

I first warned my clients about this in mid-May writing,

As we see gold and silver prices plunge lower (again) today; it becomes an especially good idea to step back, and look at the Big Picture of these markets. Why? Because nothing happened today.

Indubitably the future  price of gold will rise in all currencies, but the increased Yen value will leave other currency gold prices in the dust.

Here's why!

I’m getting a lot of emails to do more macro analysis of the gold market, and the time is ripe to do so.

It seems that every year a new word or term or acronym becomes a prominent part of the financial world's lexicon.

It is nearing two years since I first published an article describing a theory titled “Contracting Fibonacci Spiral”. For further information, simply Google “Contracting Fibonacci Spiral” and a plethora of articles should be listed to provide a more thorough...

The silver to gold ratio (SGR) reached a new high of the move last Monday (June 10th) of 66.23 ounces of silver to one ounce of gold.  This is a huge retracement from its low of 32.00 to an ounce of gold on 25 April 2011.  Today, an ounce of gold can purchase t

A Hard Look in the Mirror

In wading through the mainstream drivel written on the gold and silver markets; it becomes increasingly difficult to reply to such material without the word “desperation” creeping in again and again.

“Absolutely nothing” has been fixed in the past 5 years in the United States and many believed that “change” was possible.  Didn’t someone say America is going to have a new, friendlier more approachable I.R.S.?  Didn’t someone say that the warrantless wiretaps

There is no doubt about it. Precious Metal mining companies are going through a time of testing. The financing markets are challenging.

A small body of determined spirits fired by an unquenchable faith in their mission can alter the course of history.       -  Mohatma Gandhi

In Part I  ( https://www.gold-eagle.com/article/theory-interest-and-prices-paper-currency-part-1-linearity )  , we look

The Fed has recently expressed a desire to begin winding down its Quantitative Easing program in the next few months. This would be the first step towards the eventual raising of interest rates. Mr.

We’re almost half way through 2013, so how is the stock market doing?  It could be better, and it could be worse.  Here’s the chart for the NYSE’s 52Wk High-Low Ratio.  I see that last Wednesday the ratio fell to -11.29%.  Since the Aug - Oct 2011 market scare

The most important service rendered by the press and the magazines is that of educating people to approach printed matter with distrust!           -  Samuel Butler (1612 – 1680)

We’re almost half way through 2013, so how is the stock market doing?  It could be better, and it could be worse.  Here’s the chart for the NYSE’s 52Wk High-Low Ratio.  I see that last Wednesday the ratio fell to -11.29%.  Since the Aug - Oct 2011 market scare