Gold Editorials & Commentary

It’s important to remember that the precious metal has historically shared a low-to-negative correlation with many traditional assets such as cash, Treasuries and stocks, both domestic and international. This makes it, I believe, an appealing diversifier in the...

While the action of SPX for the past week is clearly excessive at this stage of its uptrend, it is only suggestive of a period of volatility ahead as it forms a congestion top while reaching the projection target generated by the last period of re-accumulation.

Since bottoming on Dec. 12, gold has had an impressive run higher, closing up on 13 out of the past 14 trading days.  Or at least that’s true for gold prices measured in dollars.

A new year and a new look for the above Gold Scoreboard, incorporating both our conservative and aggressive forecast highs for 2018. Also at right, we've added that which we've oft referred to as "gold's most important graphic": the millennium-to-date track of the U...

The US gold market suffered a net deficit this year compared to a small surplus in 2016.  This was quite interesting because U.S. physical gold demand will be down considerably this year.  In 2016, total U.S. gold demand was 212 metric tons versus an estimated 150...

While the moniker for this missive is “Gold and Gold Miners”, I just sit back in absolute AWE as the global equity investors (otherwise known as “Stock jockeys”) have decided that “cash is TRASH!” and despite a massive “miss” in the employment numbers this morning,...

Long-term – on major buy signal. Short-term – on buy signals. Gold sector cycle is up suggesting that the multi-month correction is complete. COT data is supportive for overall higher metal prices. We are holding gold related ETFs for long-term gain.

The gold miners’ stocks have huge upside potential in 2018, likely the best among stock-market sectors. They really lagged gold last year, so a major mean-reversion catch-up rally is coming. The gold miners are universally ignored and deeply undervalued relative to...

Here are today's videos and charts:

The first trading days of 2018 are confirming signs of renewed investor interest in the precious metals sector after a long period of malaise. Gold and silver markets entered the year with some stealth momentum after quietly posting gains late in 2017. Gold finished...

This morning I noted that I did not appreciate seeing Jeremy Grantham’s note dismissed even in the slightest way and without rancor by a Biiwii author. His intro was “Here we go with the “melt-up” meme again.”, which I felt was not appropriate for our purposes,...

As per my previous comments, gold (GLD) had hit my $1,360 target and I was contemplating the possibility of a break above $1,375. I believed at that time the best chance for this was in September/October, because after that we would enter the typical year-end period...

The Spectre and Meltdown double whammy this week underlines the increasing risks in the global computing infrastructure and our online banking and digital asset world of banking and finance.

Metals investors may have missed it given the gloomy sentiment that plagued markets for much of 2017, but gold just finished its best year since 2011.

This might seem a frivolous question, while the dollar still retains its might, and is universally accepted in preference to other, less stable fiat currencies. However, it is becoming clear, at least to independent monetary observers, that in 2018 the dollar’s...

The current economic expansion is surprisingly durable, as it has already lasted more than 100 months. It worries many investors who are afraid of the upcoming recessions. Surely, there are many reasons to worry, and the recession will eventually come.

Palladium prices surged to a new record nominal high today, over $1,100 an ounce on growing concerns of a supply crunch in the very small physical palladium bullion market. It is important to remember this is a nominal record high and adjusted for inflation,...

Dr Warren Coats, former Chief of the SDR with the title Assistant Director of the Monetary and Financial Systems Department at the IMF penned an article on a return to the gold standard in 2013 – A Hard Anchor for the Dollar. Not a classic gold standard, but an “...

Gold or Cryptos? That’s actually the wrong question, as Mike Maloney points out in his new episode of Hidden Secrets of Money. This movie-quality production follows his three-year journey into investigating the cryptocurrency landscape. He expected to find nothing...

Gold stocks have enjoyed a nice rally off their lows, rallying up to initial resistance at the 182 area on HUI and then pressing even higher over the balance of the last 7 to 8 days. For the year 2017, HUI was up 5.42%, GDX up 11.08%, and XAU up 8.12%, with...

This book examines 44 graphs and shows that national debt and most prices have increased exponentially in the past 50 – 100 years. It shows why gold prices will reach $10,000, probably in the next decade.

Gold waved a very positive goodbye to 2017 and was delighted to shout ‘Happy New Year!’ to all investors. In doing so, gold bullion prices advanced for an eighth session yesterday, extending its longest stretch of gains since mid-2011.

We are now entering the upward phase of gold’s 8-year cycle, and that should bring some fun gains. And this comes at a time when gold has not been getting much of investors’ attention. If gold stays flat for a year, and Bitcoin twinkles to get all of the attention,...

Gold is living up to its reputation as a stable and liquid asset in contrast to bitcoin, which dropped as much as 30 percent in one day. Bitcoin fell on Thursday to less than $14,000 as South Korea weighs options of shutting down some cryptocurrency exchanges amid a...

June of 2017 marked the date at which the inflation genie was let out of the bottle. That was the month that: 1) Fed Chair Janet Yellen began the process through which the Fed publicly admitted that it has no clue about how inflation really works. 2) The Bank of...

We hope everyone had a happy New Year. There is a long informercial airing on American TV. It shows an endless parade of senior citizens, struggling to pay their bills, unable to buy that motorized stairway lift, play golf, or eat out at restaurants. The solution?...

The world’s most awesome asset is taking the world gold community into the new year with grand style. Gold has stunned most analysts and roared to my $1310 target price without missing a heartbeat!

The 20-wk cycle, whose low occurs in a few days, is likely to trigger the initial phase of a larger decline which should continue for many more weeks, probably in stages rather than all at once.

With such a solid end to 2017, it prompts the question what we might expect of gold in 2018. The most immediate question is whether or not it will pick up where it left off 2017 and continue its climb into the New Year, or fizzle and spend the year going sideways or...