Gold Editorials & Commentary

Key Highlights: COVID-19 has hit many retail and commercial sectors hard – but boosts Technology and Automobiles. The NASDAQ 100 Technology Sector Index suggests the 100% Measured Move is complete. NASDAQ BNCHMK Computer Hardware Index has reached a lofty 150%...

Signs that SPX is ready to correct are increasing. The first cycle to make its low could only take it down 45 points before it rebounded to a fractional new all-time high of 3399.96. The next cycle is ready to trigger the next correction which should be deeper.

Large precious metals speculators edged their bullish net positions lower 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.

Precious Metals began a long anticipated correction a few weeks ago but it was somewhat interrupted by news of Warren Buffett buying a stake in Barrick Gold (NYSE: GOLD). The Buffett bounce has passed and the correction could reassert itself as the path of least...

Last week's trading saw gold forming its high in early-week trading, here doing so with the tag of the 2024.60 figure. From there, a decline was seen into early-Friday, with the metal dropping down to a low of 1916.60 - before bouncing off the same into the daily/...

As was described last week, events in April 2013 and again in March this year and now again, for a third time, show that when the Cartel gets really desperate, they pull out all the stops in their self-preservation.

Charlie Munger called Warren Buffett a “jerk”; really? Well, Mr. Buffett recently did take a big position in Barrick Gold.

How are those lazy ole Dog Days of August workin' out for ya? Ahhh, August. Vacations in full swing, beer and high cholesterol goodies coursing through the body, substitute media anchors, subtle market movements... Uhhh, No. These days, sequestered in our seats, '...

Gold -sector cycle is down, a correction is in progress. We are now hedged, locking in 130% profit on our core position, and 20% on our short-term positions.

Our article suspecting a potential spike-high in gold was timely, and prices peaked 3-days later. The decline into the 6-month is now underway, and long-term investors may want to consider buying near the 200-day MA. Our work expects a tradable bottom in September...

I was sitting with my partner on the porch this evening watching the squirrels and chipmunks and cardinals and blue jays all feasting upon a smorgasbord of sunflower and other assorted seeds amidst a conflagration of floral colours exploding in our front garden.

The mid-tier gold miners in this sector’s sweet spot for upside potential have had a spectacular run since March’s stock panic!  That catapulted them to extremely-overbought levels, necessitating a correction to rebalance sentiment.  The mid-tiers’ just-reported Q2’...

In a response to the coronavirus crisis, the Fed has already cut interest rates to zero and implemented quantitative easing. But that’s not enough and the U.S. central bankers are now talking about “yield curve control”. What is it and how it could affect the gold...

Many central banks are researching retail digital currencies, which if implemented, would allow them to issue a new currency directly to the public, managed on a centralised ledger bypassing commercial banks. While there is an element of feeling the need to address...

Research Highlights: With Gold trading above $2,000 for the first time and Silver trading near $27.50, you need to understand the risks in the markets that precious metals are warning of. If Gold breaks above $2,400, then there is a very real concern that the global...

Just because prices have been rallying, the market generalists and their sycophant media have been pushing the idea that gold and silver are somehow in a "speculative bubble". However, even just a quick, basic review of the COMEX market internals reveals that this...

CPI rises again in July. But will the inflation dragon take to the air, taking gold with it? The U.S. CPI inflation rate rose 0.6 percent in July, for the second month in a row. The move was driven to a large extent by higher energy prices (the energy index...

Dual Head-and-Shoulders patterns warn of a potentially big downside move and new highs may be a trap for bulls. Valuation levels suggest the broader US stock market is lagging. Precious metals continue to warn of risks. The market “melt-up” may be nearing an end

The DJUSHB (Dow Jones Home Construction Index) hit an all-time high on Thursday. The previous ATH was in July 2005. The current SAAR (seasonally adjusted annualized rate) for existing home sales as of the June report is 4.2 million. It’s the lowest sales rate since...

It must be Monday, because the price of silver skyrocketed. From $26.10, it shot up to $27.50, or +5.4%. The last time we wrote about silver was after its crash to $25. Silver is now priced 10% above that low point.

It could have been. But what is more likely, it could have been the final pre-plunge top in case of the mining stocks. Why? Because the history tends to rhyme, and the verses appear more similar to what we already “read” in the mining stocks than they what we can...

Ask precious metals' holders and chart technicians what in the last 6-8 weeks stands out in their mind and they will point to the breakout of gold and silver above areas which had contained them for almost a decade.

The “recapture the good times” gold chart. Gold has recaptured the $2000 price marker, and there’s already a noticeable pattern of higher highs and higher lows from the low of the reaction. That’s bullish action!

Retail sales growth has slowed down. What does it mean for the U.S. economy and the gold market? Retail sales increased 1.2 percent in July. The growth was worse than expected, which hit the U.S. stock market. As the chart below shows, the number was also much...

How formidable a setback have gold prices suffered last week – is the heavy selling over? Prices have been recovering, perhaps new all-time highs are next – or not before a sizable decline.

Predictions for gold's price are based on seemingly sound fundamentals and logic; but the fundamentals are incorrect and presented in unrealistic context. Here are some things to keep in mind when you see any predictions for the price of gold.

Gold has just broken out to a new all-time high, eclipsing the former peak of $1,920 set on September 6, 2011. As this article is going to press, gold is trading at $1,983 in the worldwide spot market.

Back in early February of 2020, I warned those willing to listen that “Emerging Markets Look Sick,” which was actually the title of my article. In fact, when I posted this article in early February, I was looking for a bounce off the 42 support region in EEM, with a...

Article Highlights: The US Dollar Presidential Price Cycle indicates rising US Dollar. The US Dollar is not the best asset, but rather the best of all currencies. Price Relationships Suggest The US Dollar Is Currently Undervalued. How The Presidential Price Cycle...

Gold’s slight correction of 3.99% this week doesn’t say much. But the $170/oz. decline in about 24 hours certainly did get my attention. And I have to wonder if the 22-basis point rise in the 30-year U.S. Treasury may not have played a role. While 22 basis points...