Gold Editorials & Commentary

The equity markets rebounded more than nearly 3% last week, perhaps due to the Happy Mother’s Day weekend and the reopening of some stores. A number of Wall Street analysts are now forecasting the resumption of the equity bull markets, with obvious encouragement of...

Our proprietary cycle indicator is up, but has reached levels of previous tops. Gold sector remains on long-term buy at the end of April. Long-term – on major buy signal. Short-term – on mixed signals.

Let's start with gold, which has seen an impressive rise in the last few months as the broader markets have declined on the back of the coronavirus pandemic. What do you think is ahead for the metal?

Gold Stocks could be at a tricky juncture. They have already made significant gains, yet history, coupled with the current bullish conditions, suggests more gains coming and probably significant gains. However, corrections of 15%-20% during these rebounds are normal...

With the stock markets near a critical juncture during the most-extreme economic dislocations of our lifetimes, big US stocks’ fundamentals have never been more important.  After plummeting in a brutal stock panic on the catastrophic economic damage caused by...

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

This article examines the major factors that caused the rapid decline of the Dow index.  We select the 1929 Great Depression model for the study.  As we mentioned in our earlier articles, our current crisis situation is most similar to the 1929 Depression.  We...

$2,000, $5,000 or even the Jim Rickard’s $50,000 as the next target for gold. How realistic are these figures – could we see the yellow metal at $5,000 or even higher amid the coronavirus crisis? We invite you thus to read our today’s article and find out how high...

Both Gold and Silver Futures have been struggling to rally above recent high levels since the start of the global stock market collapse related to the COVID-19 virus event.  Yet, the Junior Gold Miners appear to be telling us the Precious Metals market is boiling...

As the world economy is about to implode, very few investors realise what will hit them. The dip buyers of stocks don’t understand that it really is different this time as the world is now facing the biggest destruction of wealth in history. Stocks, bonds, and...

“If you own gold, you have money. If you don’t own gold, you have a problem”  – (James Turk).  To that I’ll add:  If you don’t have physical possession of your gold, you do not own gold.

These are strange times. Circumstances are forcing governments to destroy their money by debasing it to pay for their obligations, real and imagined. If central bankers had a grasp of what money really is, they wouldn’t have got into a position where they are forced...

Half the US States and countries like Italy and Germany are gradually easing lockdowns. Taking measured steps, the moves are broadly cheered. Rightfully so? And what does the reopening mean for the gold market?

Most resource sector writers (including me) have for a long time been "wrong" about gold and silver. When they ran from $250 and $5 an ounce, respectively, to $1,920 and $49 in 2011, those who listened, acted, and sold a bit did quite well. We argued the "longer...

With global hyperinflation looming Egon discusses the ramifications of governments’ ongoing debasement of currencies around the world.

Cory Fleck from the Korelin Economics Report and Chris Vermeulen talked and provided some thoughts on the precious metals markets. The stocks are continuing to lead the sector and GDX is adding to the breakout. But not all precious metals sectors and stocks are in...

One might think that the current madness combined with QE∞ from the global central banks would lead to surging speculator interest in owning and trading COMEX precious metals futures. But the opposite is true. How weird is that?

The gold futures contract lost 0.16% on Tuesday as it continued to fluctuate within a short-term consolidation. On Friday the price bounced from $1,675 level. Gold is still trading within a relatively flat correction following April’s advance. On April 14 it was the...

Sector expert Michael Ballanger reflects on how Rodney Dangerfield's famous one-liner applies to today's gold market.

Switzerland loves bunkers and Switzerland loves gold. The simple difference between the Swiss government and the US government is that the Swiss government loves to prepare its citizens for hardship, and America’s government leaves its citizens totally unprepared...

I’ve been trading since 1997 and I’ve lived through numerous market events.  The one thing I teach my members is that risk is always a big part of trading and that’s why I structure all of my research and trading signals around “finding profits while reducing...

10 years ago every “analyst” and his brother was hyping the future price of gold and I kept track of their guesses in an article entitled “Gold Going To $2500, $5000, $10000, Even More? These 148 “Analysts Think/Thought So“. None of their forecasts “panned” out (pun...

The gold futures contract gained 0.73% on Monday, as it retraced some more of its recent decline. On Friday the price bounced off $1,675 level. Gold continues to trade within a relatively flat correction following April’s advance. On April 14 it was the highest...

Mankind tends to repeat the same mistakes over and over in time. Often we don’t learn from our past mistakes in order to break the vicious cycles.  In this article, we compare the current deep recession triggered by the Covid-19 pandemic with the 1929 Great...

The price of gold dropped $29 and the price of silver dropped $0.27. We’ll get back to where we think the prices are likely to go in a bit. In recent Reports, we’ve looked at the elevated bid-ask spread in gold (though not nearly as elevated as some goldbugs would...

Investors got a look at first quarter GDP, and it wasn’t pretty. The U.S. economy contracted by 4.8%, even worse than the 3.3% decline anticipated by economists.

The ISM non-manufacturing PMI is due on Tuesday morning, and this could be a good time for a near-term cycle low.  However, a rebound could be short-lived, since next Friday investors will have to face some extremely poor job numbers

The title to this update is likely the most repeated phrase you have heard over the last month from market participants and analysts alike. As more and more bad economic news is presented through the media, somehow, the market just keeps grinding higher.

Notwithstanding the Fed’s seemingly limitless ability to create money to throw at the stockmarket, which has caused it to rally in recent weeks in the face of a dead economy and apocalyptic jobs data and earnings etc., all the charts we are going to look at here...

Last week's trading saw gold generally holding weaker, with the high for the week made with Monday's tag of the 1745.80 figure (June, 2020 contract). From there, the metal turned weaker, here dropping all the way down to a Friday low of 1676.00 - before seeing a...