Gold Editorials & Commentary

Bullion premiums have been drifting lower in recent weeks after spiking earlier this spring. That in part reflects a waning of fear among investors… and a hope for markets and the economy returning to normal as we head into the summer.

Gold’s powerful post-stock-panic upleg hasn’t enjoyed buying support from the gold-futures speculators.  These influential traders often drive and even dominate major gold-price trends.  But they’ve been subtly selling into gold’s sharp recent rally.  Their dogged...

Despite a year of tumult on Wall Street and Main Street, the banking system seems to be holding up remarkably well… for now.

The HUI Gold Bugs index has over the last 2 decades (encompassing both bull and bear markets) tended to bottom in July per stockcharts.com‘s data for the index. A seasonal average is not a directive, but it is a (+/-) guide to be factored. Last year gold stocks...

The gold futures contract lost 0.26% on Thursday, as it further extended its short-term consolidation slightly below the price level of $1,750. Powell’s testimonies on Wednesday and Thursday didn’t bring any new surprises for the financial markets. And gold is still...

The initial health crisis seems to be under control in many countries. But this is not the end of pandemic and many epidemiologist warn against the second wave of injections. We invite you to read our today’s article about the second wave of the new coronavirus and...

Dollar-denominated financial markets appeared to suffer a dramatic change on or about the 23 March. This article examines the possibility that it marks the beginning of the end for the Fed’s dollar.

Recently there is a hot topic: When will gold bullion replace US dollar as the major reserve currency?  Will the replacement be realized in 2020?  Given the printing press and the global turmoil with Covid-19 pandemic and warring factions including the Indo-China...

Retail sales came in really strong in May, which could strengthen risk appetite, but the dovish Fed should support gold.

The gold futures contract lost 0.05% on Wednesday, as it extended its short-term consolidation above the price level of $1,700. Gold has been breaking slightly above $1,750 mark recently. But it came back closer to $1,700 on Monday. Last Wednesday’s FOMC Statement...

With the pandemic disrupting lives and the global economy, government borrowings have climbed ever higher. US unemployment is nearly at Great Depression levels and a summer of civil unrest raises the stakes in an upcoming US election already lost in the wreckage of...

While stocks were performing very poorly in the early days of the pandemic shutdowns, gold was doing quite well. There was another crisis investment that was doing even better however, as can be seen in the graph below, which shows price changes in percentage terms...

“Extraordinary Popular Delusions and the Madness of Crowds” happen with regular intervals as Charles Mackay wrote about. It seems that the world experiences more delusions and madness than truth and sanity. 

The big selloff in the US markets last week (-1600 pts in the Dow Jones) on the comments from the US Fed aligns with previous Fibonacci Price Trigger levels throughout the early portion of 2020 to create a massive Support/Resistance range in the markets according to...

The following is a devious spoof and an attempt at literary satire, with a motive to expose the Deep State on its nefarious plans for humanity and the global economy. The current fabricated, exaggerated, and supported scam of pandemic must be revealed.

The gold futures contract gained 0.54% on Tuesday, as it retraced most of its Monday’s decline of 0.58%. The price has been breaking above $1,750 mark recently. But it came back closer to $1,700 on Monday. Last Wednesday’s FOMC Statement came out as a short-term...

Jerome Powell burst the stock market bubble by publicly acknowledging there will not likely be a “V”-shaped economic recovery. He indicated that it will take years for the economy to return to the recent levels … we experienced just a mere four months ago.

At Eric Sprott's urging, we've been monitoring the daily abuse of the Exchange For Physical process since late 2017. However, since late March, the daily totals have fallen off dramatically. Why?

Gold investors are eager to see the current price reaction end and a fresh uptrend begin.Oscillator buy signals, rising volume, and bullish price patterns are beginning to appear in some gold stocks…and that’s a good sign.

Inflation remains low, while Powell signals dovish Fed for years. Good for gold. The US CPI inflation rate declined 0.1 percent in May, following a 0.8 percent drop in April. The decrease was mainly driven by decreases in energy, transportation and apparel prices....

The best performing precious metal for the week was gold, up 2.78 percent. After its 1.7 percent drop last Friday, gold rose back above $1,700 an ounce this week as investors took advantage of buying the dip. Commerzbank AG analyst Carsten Fritsch told Bloomberg...

The gold futures contract lost 0.58% on Monday, as it retraced some of its last week’s advance. The price has been breaking above $1,750 mark recently. But it came back closer to $1,700 yesterday. Last Wednesday’s FOMC Statement came out as a short-term game-changer...

Market volatility has suddenly spiked in recent days came after the Federal Reserve vowed last Wednesday to keep its benchmark rate near zero through 2022.

It seems that global stock markets have disconnected from the fundamental reality. They have been rising since the end of March despite the collapsing economies and soaring unemployment. We invite you to read our today’s article about the Great Disconnect and find...

The gold futures contract lost 0.14% on Friday, as it remained within its Thursday’s daily trading range. The price broke above $1,750 mark once again before closing below that resistance level. Global markets went risk-on and gold has been selling off as a safe-...

Last week, SPX met its intermediate projection and made a total retracement of nearly 250 points. Friday was a reversal day in the other direction and the index should continue higher until it ends its countertrend rally and turns down again. Specific price levels...

Last week's trading saw gold registering its low in Monday's session, here doing so at the 1680.70 figure. From there, strength was seen into later in the week, with the metal pushing all the way up to a Thursday high of 1754.90 - before backing off the same into...

The track of Gold's weekly closes in the above Scoreboard tells quite the tale of the tape: that Gold thus far this year has been unfit to defeat the overhead resistance forces of The Northern Front (1750-1800).

I had excellent timing for my vacation, with not much happening until this week; and what happened this week? On Monday’s close the Dow Jones came within 7% of its last all-time high (BEV Zero). What could go wrong and prevent the Dow Jones from making a historic...

Gold sector remains on long-term buy at the end of May. GLD is on short-term sell signal. GDX is on short-term sell signal. XGD.to is on short-term sell signal. GDXJ is on short-term sell signal.