Gold Editorials & Commentary

This stuff is about to get real. I was finger-scrolling through The Daily Shot the other day (a daily chart package mailed out by The Wall Street Journal—it’s a must-read for everyone in the business), and I came across this:

This article is in 3 parts and covers a) upcoming trade reporting in the London gold market which is being led by the London Bullion Market Association (LBMA), b) the recent publication by the LBMA of a Guide to the London OTC precious metals markets, and c) an...

Recently, we saw the dollar index (the DXY), which measures the USD against a basket of the world’s major currencies, break below its support of 91 for the first time since January of 2015 (Figure 1). This event may signal the most important trend of 2018: the...

We also mentioned a few days ago when gold was testing key resistance that traders should expect a correction in gold and mining stocks. This week we already locked in a quick 11% profit with DUST inverse ETF for gold miners - and there is likely more selling to...

It’s been called a number of things: The sharing economy, or “shareconomy.” Peer-to-peer economy. Collaborative consumption. What all of these terms have in common is the idea of decentralization—and blockchain applications, including bitcoin and other...

As we move into 2018, factors pushing gold higher will include political risk in the US, continued geo-political risk and a growing trend toward de-dollarization. We wrote about these themes a few weeks ago and you can find the column here: https://www.sprottmoney....

We firmly believe, and have stated a number of times, that gold and silver are the only assets that have the fortitude to stand up to governments and banks. These two assets, throughout history, have over and over and over again helped the people to gain wealth, to...

$1 million has been stolen from ATMs across the United States by hackers in a new hacking approach known as ‘jackpotting’. Using malware and an endoscope hackers are able to force cash machines to spew out their entire holding of cash.

It’s a hot period in central banking. On Tuesday, the Bank of Japan kept its monetary policy on hold. Kuroda tried to convince the markets that the BoJ won’t follow the Fed towards an exit from easy monetary policy soon. “We haven’t reached the stage of thinking...

Technically and fundamentally, gold is poised to resume its magnificent rally that is taking investors into what I call a “bull era.” The next FOMC meeting announcement is tomorrow. I expect the Fed to strongly signal more rate hikes and ramped up quantitative...

Many are the metaphors used to describe the agent that initiates a major crisis. Light the fuse, or pull the trigger, pull the rug out from under the room, or pull on the string for unraveling the sweater, these are commonly heard.

Last week the Senate confirmed Jerome Powell as Federal Reserve Chairman by a vote of 84-13. This is in contrast to the contentious debates and closer votes over Janet Yellen’s confirmation in 2014 and Ben Bernanke’s confirmation for a second term in 2010. Powell...

Predicting the likely path of the prices of the metals in the near term is easy. Just look at the fundamentals. We have invested many man-years in developing the theory, model, and software to calculate it. Every week we publish charts and our calculated fundamental...

Hmmm. I wonder how System Apologists like Moriarty, Christian, Hug and Weiner will try to spin this one? In order to get this information out as quickly as possible, we'll save the price implications for later. But just today I saw this posted at Silver Doctors. I...

How sensible is it to invest in gold? There is no blanket answer to this frequently asked investor question. Much more depends on what you personally expect from an investment in gold. In this second part another 10 experts give their blunt opinion about investing...

The best performing metal this week was silver, up 1.68 percent.  Gold traders remain bullish on the yellow metal for a third week on sustained dollar weakness, according to the Bloomberg weekly survey. The gold price heads toward its highest since August 2016,...

Jim, you're a very well-traveled individual who has his finger on the pulse of what's going on, not just here in the states, but around the world. I know you were just in Europe. Is complacency an issue all over the globe or is it just a Western World thing or an...

Rates continue to rise, though stocks remain oblivious. The yield on the 10-Year US Treasury continues to soar, with a confirmed breakout from its 10-year downtrend.

Dear Friend of GATA and Gold: Our friend P.C. writes: "As a long-time GATA follower, I fully subscribe to the understanding that markets generally, and particularly the precious metal markets, are controlled to keep international exchange and trade 'stable' and...

I have seriously underestimated the extent of the uptrend which started with the low of the 7-year cycle at 1810. I was looking for a phase count to take us to a 2660 top, but that turned out to be a short-term stop with SPX only pausing briefly at the end of 2017...

The key message of this update is that gold is getting closer and closer to breaking out of a giant Head-and-Shoulders base pattern that started to form back in the middle of 2013 and to point out that it won’t be stopped from doing so by any minor short-term...

The leverage in the economic system has become so extreme; investors have no idea of the disaster that is going to take place during the next stock market crash.  The collapse of the U.S. Housing and Investment Banking Industry in 2008 and ensuing economic turmoil...

'Twas the young year's landmark week, the Dollar's knees going weak: Gold's Key Pop: Last year's high of 1362? Gone, price trading up to 1365 in the 06:00 GMT hour on Thursday. For the run toward our "conservative" forecast high in 2018 of 1434, getting past last...

With the rally continuing to power higher in the stock markets I’m going to update the portfolio combo charts so you can see how this once is a lifetime rally in unfolding. When this impulse move finally burns itself out we will get a decent sized correction that...

This week the Dow Jones closed at new all-time highs every day except for Tuesday; the 96th to 99th since the November 2016 presidential election. Of January’s eighteen NYSE trading sessions, eleven of them closed with the Dow Jones at a new all-time high.

Gold sector is on major buy signal since early 2016. Major signals can last for months and years and are more suitable for long-term investors.

There are many market historians and technical analysts that like to assess the outlook for stocks based upon the “January Barometer” which, in its most rudimentary definition, says that “as January goes, so goes the market” for the rest of the year.

As the ancient proverb goes, my enemy’s enemy is my friend. Although it is usually employed in foreign policy, this concept also applies to finance. Given the negative correlation between the greenback and gold, the enemies of the U.S. dollar are generally gold’s...

Here are today's videos and charts.

Gold’s strong upleg accelerated this week, powering to major new breakout highs. Speculators rushed to buy gold futures following surprising weak-dollar comments from the US Treasury Secretary, which hit the US dollar hard. That boosted gold to critical technical...