Gold Editorials & Commentary

On the 2-hour charts I’ve spotted several small H&S bottoms building out on some of the stock market indexes. It wasn’t until Monday of this week that they began to show themselves when several broke out above their necklines. Some of these small H&S bottoms...

When the average investor thinks about gold, they may view it as an inflation hedge…or maybe as crisis insurance…or perhaps solely as a portfolio diversifier. These are all good reasons to own gold—but those are always good reasons to buy precious metals. Mike...

It’s simple: H – I – J – K tells the story. Harvey: Estimate $100 billion in damages from Hurricane Harvey. Insurance helps some and costs others. As a nation it still hurts by $100 billion. Irma: Estimate $100 billion in damages from Hurricane Irma. Insurance helps...

First a quick background check on William White…so we know whether or not to grant his opinions more weight and status than the average analyst, this from an older, but still functional, Economist article titled The curious case of Willliam White (September, 2012...

The $USD continues to drop like a brick, having taken out critical support in the near-term. This is just the beginning. It's only going to get worse from here.

Last week 143 million people woke up to the news that a data breach at Equifax has left them wide open to financial and identity fraud. Readers will have no doubt read about the hacking of credit bureau Equifax. Not only were they slow to deal with the issue but...

My last update on gold was the break out above $1300 in late August. I commented that I believed the next target was $1360 to $1400 where there would be some resistance in that area. We seen a test of $1360 last week and since my call of a bottom in early July, gold...

Those who paid any attention to the financial press last week saw the following narrative; President Donald Trump betrayed Republicans by cutting a deal with Democrats Nancy Pelosi and Charles Schumer. They agreed to punt on the borrowing cap until December and...

It’s not easy to build wealth in any asset class. It’s even more difficult to retain it. This is the short-term gold chart. Over the past week or two, my wealth building mantra has been, “Book profit now”. From a technical standpoint, the world’s mightiest metal has...

Eventually physical demand for precious metals will swamp the games being played in the paper (i.e., futures contract) markets. So every time the commitment of traders report (COT), which tracks those paper games, turns bearish while gold and silver continue to rise...

The USD/CAD fell close to 1400 pips from the May 2017 highs into the July lows. In August the currency pair retraced over 350 pips topping out at 1.2777. Since the high that was struck on August 15, the USD/CAD has once again moved back under the July lows and is...

The best performing precious metal for the week was gold, followed by silver.  Gold traders and analysts are bullish for a 12th straight week, reports Bloomberg, as the yellow metal is on its way to the highest price in a year.

It is my privilege now to welcome back David Smith, senior analyst at The Morgan Report and regular contributor to MoneyMetals.com. David, thanks for joining us again and, how are you?

Today folks, by popular demand, we’re talking gold. It’s had a nice summer run. What now?

Gold continues to build towards its breakout from a massive 4-year long base pattern. This is likely to occur when the dollar breaks down from its topping pattern, and is expected to lead to a bullmarket that will dwarf the last one from 2001 through 2011, and may...

Below is $USDJPY weekly, with $GOLD:$USD in the background. I am using $USD as the denominator for consistency.

Next week – especially Monday and Tuesday – are critical for SPX. If it is to extend its rally to meet its higher projection, it will have to have limited weakness in order to resume its uptrend by the middle of the week.

The four-decade long monopoly of the US Petro-Dollar as the world’s reserve currency is coming to an end.  Unfortunately, most Americans have no clue that when the Dollar loses its reserve currency status, life will get a lot tougher living in the U.S. of A.  Let’s...

Given a world rife these days with natural disasters, from hurricanes Harvey and Irma, to Mexico's monstrous quake and the madman of the NorK, gold continues to roll higher, now having recorded "higher highs" in seven of the past eight weeks.ven a world rife these...

The Dow Jones Index last all-time high (BEV Zero) was on August 7th, and as for much of the past year, the Dow continues refusing to correct more than just a few percentage points, if that. Come this December, it will be two years since the Dow Jones has corrected...

The action was pretty quiet for the week as kids got ready to head back to school keeping parents busy. The metals continue to act great along with miners, but they could use a little rest.

Long-term – on major buy signal. Short-term – on buy signals. Gold sector cycle is up. COT data favors overall higher gold prices. We are holding gold related ETFs for long term gain.

Last week the XIV moved up into the 83.07-93.56 resistance zone before turning back lower hitting a low of 76.07 on Tuesday, September 5th. Since this low, we have seen the XIV move back higher in what is so far counting best as a corrective wave structure. 

The gold stocks are off to the races again, with big gains mounting. They just staged major breakouts, shattering a vexing consolidation that had trapped them for an entire year. Such momentum early in gold’s strong season is a very-bullish portent. As higher prices...

I’d like to share what may be a different way of looking at the gold and silver market, but still remain focused on what has been the primary driver of price – changes in the COMEX futures market structure. It has become fairly common knowledge that prices rise when...

“Frustration” no longer adequately describes what reformers in Congress – along with millions of investors and taxpayers who voted for reform – are feeling. For many, hopelessness is beginning to set in on the prospects for tax, budgetary, and monetary reform...

Today’s rally was the most important in gold since it entered a bull market in December 2015. Actually, the rally has significantly raised the odds that the entire bull move since then has been impulsive rather than merely corrective of the bear market begun from...

Indian Prime Minister Narendra Modi launched a surprise attack on cash in late 2016. He gave Indians a few days to convert the two largest denomination bills then circulating to bank deposits, after which point any undeposited notes would become worthless. The move...

China recently announced they will trade oil for yuan “backed” by gold. The story has gotten some press (none of it mainstream mind you), and many have questions as to what it really means. While quite complicated as a whole, when you break this down into pieces I...

The B word is something which is almost whispered in financial circles. To acknowledge there might be a bubble somewhere is like admitting the proverbial elephant is in the room. But, like many taboo words, it seems the mainstream are coming around to the idea that...