Gold Editorials & Commentary

Gold, mining stocks, and the USD Index have not been doing much recently. However, yesterday, this “inactivity” took quite a decisive shape, and unfortunately, things are not looking good for gold.

The best performing precious metal for the week was gold, but still down 1.61 percent. Gold rose on Thursday, breaking a two-day loss streak, as the U.S. dollar fell and halted stimulus negotiations sent equities lower. Bloomberg notes that spot gold rose to $1,903...

As I was perusing the articles posted over the weekend, I came across one that typifies the general perspective of most market participants: Why The Stock Market Is Finally Paying Attention To The Economy

With a collapse in the dollar and hyperinflation now inevitable, it is clear that the dollar price of gold will eventually skyrocket, and when I say “eventually” I am not talking about in 5 or 10 years time. It is already starting to accelerate away to the upside...

Large precious metals speculators cut back on their bullish net positions in the Gold Futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

Last week’s US Market’s asked a question about the future of the dollar, using a chart of the dollar index to find an answer. This week, a similar question is asked about equities and the answer is provided by a long term chart of the NASDAQ. As for the dollar, what...

Last week's trading saw gold forming an early-week high, with its peak registered with Monday's tag of the 1939.40 figure. From there, a sharp decline was seen into Wednesday's session, with the metal dropping all the way down to a low of 1885.00 - before bouncing...

Gold's primary upside driver is currency Debasement, further enhanced by the other of the 3Ds: Debt and Derivatives. Thus axiomatically, Gold's primary downside driver is shrinkage of same. We don't see that happening anytime soon. Indeed, fading Gold's 5,000-year...

The Dow Jones continues trading in a tight range in its BEV chart below.  For the past three months it refuses to rise up to a new all-time high, and is incapable of deflating below its BEV -10% line. The longer the Dow Jones remains in this trading range, the more...

Gold sector remains on long-term buy at the end of September. Long-term – on major buy signal. Short-term – on mixed signals. Gold sector cycle is now up, suggesting that the multi week correction is complete. $$$ We have lifted our hedge, and added to existing...

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

Today’s beaten-down US dollar is a major short-term risk for gold.  For decades this yellow metal has often inversely mirrored the fortunes of the world’s reserve currency.  Dollar trends are important trading cues for highly-leveraged gold-futures speculators, who...

The Copper/Gold ratio is saying something. That something is that a cyclical, pro-inflation and thus pro-economic reflation metal shown earlier, remaining nominally positive on a down market day has, in relation to gold, taken out two important moving averages (...

Inflation is back. OK, not inflation, but inflation expectations. As the chart below shows, they plunged during the coronavirus crisis, but they have already recovered. Currently, and based on the inflation-protected Treasury yields, Mr. Market expects that...

This article is for investors who already own a gold/silver mining stock and are considering adding more. Or perhaps a savvy investor who is comfortable with risk tolerance and has a general understanding of the gold/silver mining sector.

It’s not a surprise that the gold price is rising given what the Fed is doing to the dollar. As Andrew Maguire explains, gold is the anti-dollar.

This article defines hyperinflation in simple terms, making it clear that most, if not all governments have already committed their unbacked currencies to destruction by hyperinflation. The evidence is now becoming plain to see.

Corvid 19, the US Election and US Financial Stimulus talks have given gold plenty to digest over the last week. On a short term basis gold has been taking a lot of signal from the fortunes of the stock markets and increased hopes of agreement of a financial stimulus...

In my previous analyses, I emphasized that gold’s strength is most likely a momentary one, especially if we consider the USDX. Attesting to that are the invalidated gold breakout and today’s U.S. currency action.

The U.S. CPI inflation rate rose by 0.2 percent in September , following a 0.4 percent increase in August. It was the smallest jump since May. The move was driven by a 6.7- percent spike in the cost of used cars and trucks, and it’s the most significant upward...

Earlier this week, I published an article entitled “Sentiment Speaks: This Is What The Market Is Saying About Trump's Re-Election.” Within the article, I attempted to outline the probabilities that Trump would get re-elected based upon historical data (presented by...

The current pullback in the precious metals sector is a buying opportunity. Since trading at a closing high of $2,064 an ounce on August 6, gold bullion has declined 8.34% as of this writing.1 Gold mining shares have followed suit, declining 9.26% since the August...

So I guess this is how it works now. The dollar index rallies back to reclaim 50% of its losses from Friday, and this prompts enough HFT algo selling that we lose 100% of Friday's gains in the COMEX metals.

In Monday’s analysis , we’ve explained why rising stock prices might not lead to significantly higher gold prices after all before the latter turned south again. The manner in which this week’s trading was conducted seems to have confirmed our indications. With...

On Friday, the price of silver went up from $24.25 to $25.20, or +4%. Let’s look at the graph of the price and basis (i.e. abundance) action.

Both US political parties enjoy referring to their horrifying debt and money printing programs as “economic stimulus”.They sound like characters in a George Orwell novel, which is quite disturbing.

Money manager Axel Merk manages about $1 billion in assets.  Surprisingly, the signals he is getting from the markets are relatively calm despite the political storm sweeping the country.  Merk explains, “The markets are not pricing in a panic.  There is also a...

Biden widened his lead over Trump, while gold jumped above $1,900 again. According to the most recent Reuters/Ipsos poll, Biden has increased his presidential race advantage. Now, as the chart below shows, he leads by 7 percent.

The US dollar, as the reserve currency of the world, is the single most important entity in global trade and finance. Assisted by the US 10-year rate and the level and trend of Wall Street, the sate of these three markets , either separately or in combination,...

With a mere twenty-six days to the election of the “leader of the free world”, the richest, most powerful country in human history, financial markets are noticeably apprehensive as to outcome and understandably concerned with the reaction of the two deeply-divided...