Gold Editorials & Commentary

In a conversation among people old enough to remember, the word ‘bubble’ brings back memories of 1987 and 2000 and the Nasdaq.com frenzy. The craziness of the South Sea Island bubble in the UK and John Law and his Banque Generale in France is before our time, but is...

Monday this week saw a little excitement, as the Dow Jones saw it first 2% day since January 27th. And like last January, this week’s day of extreme market volatility was but a pause the market took before the Dow Jones saw a new all-time high on Friday. I have to...

Long term – on major SELL signal. Short term – on mixed signals. Gold sector cycle is down. $$$ We closed out all of our positions with good profits, and stand aside for now.

Central banks’ massive Quantitative Easing (QE) programs have come under scrutiny many times since the central banks fired up the printing press and began quantitative easing programs en masse after the 2008-09 Great Financial Crisis.

June’s inflation index jumped 5.4% from a year ago, the highest reading since August 2008. The experts were surprised. Clearly, Federal Reserve watchers never bothered to consult Milton Friedman. Lost is a core Friedman dictum: “Inflation is always and everywhere a...

Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.

Gold has been sucking wind this summer, trudging along after getting slammed by a distant-future-rate-hikes scare. The resulting lower prices have really damaged psychology, leaving investors wavering on gold. Their recent capital inflows have reversed into modest...

The precious metals sector has been extremely irritating, if not outright agitating since May. Compounding the frustration is the fact that the fundamentals supporting the sector have never been stronger. These factors include negative interest rates, the Fed’s non-...

Inflation, inflation, inflation. We all know that prices have surged recently. And we all know that high inflation is likely to stay with us for a while, even if we assume that the CPI annual rate has already peaked, which is not so obvious. But let’s look beyond...

President Joe Biden is in denial about inflation. This week he superficially addressed the problem by admitting the obvious – that prices have been rising rapidly this year – while denying that the inflation surge represents anything out of the ordinary.

Historically, the connection between gold and liberty is a potent one. Indeed, it is no exaggeration to assert—if you will pardon the pun—that they are two sides of the same coin. Australia in the 1850s provides a sterling example.

The coronavirus strikes back! It’s bad news for almost everyone and everything… except for merciless gold. So, were you hoping that the epidemic was over? After all, millions of people got vaccinated, and the economy is booming. Restrictions have been generally...

Investors may hope that the biggest financial experiment and debt bubble in history will last another 100 years. And they can pray that the currency system which has lost 98% of its value in the last 50 years will last another half century.

It seems that choosing GDXJ to short the PMs was a good decision – juniors closed the day at new 2021 lows. Will our profits only grow from now on?

The best performing precious metal for the week was gold, up 0.21%. Gold remained stable during the week as bond yields retreated and investors weighed the outlook for global growth on concerns that coronavirus variants may threaten the economic recovery.

There is widespread disappointment in the PM camp now that we are almost 3 weeks into the new BASEL lll regime and little has happened.

Monday’s stock market meltdown did not hurt gold, but the miners and silver took a hit. The big question: Is this the start of a bear market in stocks or is it just a dip that should be bought?

Short-term interest rates are now as negative as they were in the inflationary 1970s. But that’s where the similarity ends. As the above chart sindebtedness was relatively modest as a percentage of GDP, which gave that financial system the resiliency to withstand...

Mining stocks dropped without anyone’s help – gold holds tight, but this is rather an anomaly. Will we see carnage when the king of the PMs collapses?

The public suddenly starts pawning their assets to pay for that lifestyle. Would most people take that as a sign that the celebrity's financial position is not nearly as strong as they want the world to think?

Last week, Powell testified before Congress. On the one hand, Powell admitted in a way that inflation had reached a level higher than expected and is above the level accepted by the Fed in the longer run:

Any one who has ever flown on a small aircraft should be familiar with an aircraft's weight and balance limits.  I worked on St. Croix for a year, and flying to the island always required a short flight from San Juan, Puerto Rico.  The plane was very small - it sat...

For the Dow Jones, the story remains the same; while not roaring into historic territory, it’s not crashing down either.  Closing the week with a BEV of -0.88%, the Dow Jones is comfortably in scoring position for making a new BEV Zero.  Since last November, the Dow...

Last week's trading saw gold forming its low in Monday's session, here doing so with the tag of the 1791.00 figure. From there, a slingshot higher was seen into later in the week, with the metal pushing all the way up to a Thursday high of 1835.00 - before backing...

Taking a sip from a crocodile pond is risky, but some animals try anyway. And die. Beware, as trying to profit from the PM’s pool now could end alike.

SPX Long-term trend:  There is some evidence that we are still in the bull market which started in 2009 and which could continue into 2021 before major cycles take over, and it ends.

The latest attempt to move the global economy away from the dollar’s dominance involves a plan by Biden to issue $650 billion of Special Drawing Rights (SDRs) through the IMF

In this second part of our research into how capital is being deployed across the globe and why traders/investors continue to pour capital into the US equities markets, we’ll explore how the US major indexes have reacted to the continued investments by the US and...

Parsing our title, Gold is gripping in completing a fourth consecutive up week. Moreover per the above Gold Scoreboard, recent weekly closes [green rectangle] continue to track those of a year ago, indeed so much so that were such pattern to be maintained, we'd find...

Gold sector is now on a new long term SELL signal. Speculation according to COT data is now in bear market values. Gold broke support, confirming the $1900 level as a “failed recovery top.”