Gold Editorials & Commentary

Gold’s tedious shenanigans should not cause us to take our eyes off the little sonofabitch for too long, since we might miss something interesting. Like now, for instance. The December contract has mildly caught fire and is making another run at 1301.20, a very...

I think most of you reading this right now are aware that gold is unlike any other metal, certainly any other element. It doesn’t play by the same rules as iron or tin or aluminum, and its value has nothing to do with its utility—or lack thereof. People valued the...

While everyone is focusing on political issues, the NY Fed published a stunning report on the state of the US consumer. According to the NY Fed, the average US household has hit a new record for debt, surpassing the old record set at the peak of the 2007 bubble.

– World’s largest hedge fund Bridgewater buys $68 million of gold ETF in Q2. – Investors poured $870 million into SPDR Gold in Q2. – Billionaire Paulson keeps 4.36 million shares in SPDR Gold.

Having just returned from boating in northern Georgian Bay and an area called The North Channel, I have been by and large out of contact with gold and silver prices since July 22 and am delighted to see that prices have stabilized after dipping in late Spring to...

For gold to perform well against the US dollar, it needs to perform well against the Japanese yen. Since 2011 gold has traded sideways against the yen.  Since 2013 it has been coiling in a very positive symmetrical triangle pattern.

There are returns, and there are risks. We think of them individually, and then we combine them into a portfolio. We think of returns and opportunities as coming from those things we’d bet on, and we think of risks as the adverse market consequences of us being...

Today I am going to lay out the case of a major market top and how it fits into the geopolitical backdrop of today. We then profile the trade set-up to look for and finally I will forcefully remove your Rose Colored Glasses you have been wearing since January 2017...

Major U.S. indices slid for a second straight week as President Donald Trump and North Korea both escalated their saber-rattling, with Kim Jong-un explicitly targeting Guam, home to a number of American military bases, and Trump tweeting Friday that “Military...

It is my privilege now to welcome in Gerald Celente, publisher of the renowned Trends Journal. Mr. Celente is a well-known trends forecaster and highly sought-after guest on news programs throughout the world and has been forecasting some of the biggest and most...

Real, scientific evidence has been popping up for a while now which suggests the precious metal can make some major contributions to the world of science and medicine.

Our recent analysis suggests we may be setting up to repeat history in an odd and dangerous manner.  As market technicians, part of our job is to work with numbers, find patterns and attempt to predict future price moves in US and Global markets.

SPX gave us plenty of warning that it was about to embark on an intermediate-term correction.  As it usually does, it came suddenly and, as of Friday, the initial down-thrust is probably still incomplete and should continue into early next week when the low of the...

The big move for speculative traders last week came from shorts covering not longs adding to positions. The reason why was the escalating tensions between the US and North Korea as evidenced by the charts.

Whether driven by NorKNoise, or just plain ole common sense, Gold further reinforced its recent firmness in all but tapping the year-to-date high (1298.8 on 06 June), reaching up to 1298.1 yesterday (Friday) before settling out the week at 1295.0.

This week wasn’t all wine and roses.  Monday closed with the Dow Jones Index at a new all-time high, but it was downhill for the rest of the week.

Ok, maybe it is not fair to call years ending in seven a curse. But years ending in seven have had a checkered record. Since 1830, the Dow Jones Industrials (DJI) has recorded nine up years and nine down years ending in seven. Years ending in seven have the second...

The war of words between the TiC (Tweeter-in-Chief) and the LiC (Lunatic-in-Chief) has little to do with the financial market’s intermediate-term fate. In the very short-term? Sure, man, machine, casino patron and Mom & Pop will fly in and out of stocks as the...

Gold sector is on major buy signal since early 2016. GLD is on short-term buy signal. GDX is on short-term buy signal. 

Here are today's videos and charts.

The gold miners’ stocks have largely ground sideways this year, really lagging gold’s strong rally. That lack of upside has decimated sentiment, leaving a bearish wasteland bereft of hope. But this deeply-out-of-favor sector is actually a coiled spring, ready to...

Mad Magazine introduced Alfred E. Neuman (What, Me Worry?) in the 1950s. He did NOT become a central banker. That is “fake news.”

Gold is up 2.3% this week and silver has surged nearly 5.3% as stocks sell off on geopolitical risk. Billionaire fund managers and commodities experts increasingly positive on gold. Risks are rising, and everybody should put 5% to 10% of their assets in gold – Dalio...

Man, do I keep crazy hours!  Seriously, I am now averaging four hours per night of sleep; to which I can only say, thank goodness for my 24/7 gym, and a laptop equipped with hundreds of podcasts, and thousands of Amazon Prime TV shows and movies.

Looking out to sea at the huge winter waves crashing upon the Cape Town shore, it’s hard to imagine what the first local tribesman thought when he saw, in the distance, Vasco De Gama’s tiny Portuguese ship sail round the Cape of Good Hope, heading out towards the...

I’m pleased to share with you that our China Region Fund (USCOX) beat its benchmark, the Hang Seng Composite Index (HSCI), by an impressive margin for the one-year, three-year and five-year periods, as of August 1. The fund has closely tracked the HSCI, but since...

The U.S. Dollar (DXY Index) hit a low of 92.55 last week and has since moved up just about 1% off of that low. While not a huge gain from a percentage point of view, given the U.S. Dollar's fairly deep fall since the January highs this is a relatively significant...

Last week former Fed Chairman Alan Greenspan warned that the bond market was a gigantic bubble waiting to burst. This week, another financial elite, Jamie Dimon, CEO of JP Morgan, has said the same thing.

Just a few months ago President Trump offered an olive branch of sorts to North Korean dictator Kim Jong-Un. In a series of interviews Trump referred to Kim as a ‘pretty smart cookie’ and one who he would be ‘honoured’ to meet.

Gold is consolidating the recent rally. That rally (basis December futures) moved the price from the $1210 area up to about $1280.