Gold Editorials & Commentary

As a result of what happened during just one of the past twenty decades (the 1970s), most people now believe that a large rise in "price inflation" or inflation expectations is needed to bring about a major rally in the gold price. This impression of gold is so...

Disillusionment with Europe's single currency continues to grow with the cracks beginning to show in it's heartland, Germany, where the third largest political party is now selling gold coins and bars to raise funds.

In January of 2011, I swapped a fair amount of physical silver bullion for physical gold bullion. A couple of weeks ago, I reversed the swap. When I first did the swap in 2011, silver was trading above $30. I wasn’t trying to call any tops or bottoms. Gold simply...

Alasdair Macleod of Goldmoney.com put out a piece last week which suggests China may already have accumulated between 20,000 and 25,000 tons of gold prior to 2002. Please read this very carefully as it makes very good sense and puts a piece into the puzzle which...

This long, disheartening, dismaying, giant correction is just about over. There have been four bull moves after each occasion that the price of gold touched the quarterly rising trend-line. Each bull move was greater than the previous bull move. The last bull move...

I have lower targets outstanding, including a big-picture support at 1125.00, but the one shown at 1141.30 should be used as a minimum downside objective over the very near-term. Traders should position from the short side until it is reached, but be aware that a...

One of the greatest fears this October—possibly the most volatile month of the year—has been the correlation between the S&P 500 Index’s ascent in the first three quarters of the year and the possible ramifications of the end of quantitative easing (QE).

In our opinion speculative short positions (full) in gold, silver and mining stocks are justified from the risk/reward perspective. We are adjusting the stop-loss levels (again), so in a way we are locking-in even more of the profits from the current positions and,...

Woe unto the gold speculators, and a curse laid upon the house of silver. At least, that’s how it may feel. In more clinical terms, the gold price fell from $1,230.90 to $1,172.59, or $58.31. The drop last week was 4.7%. The price closed the week below the level set...

Gold continued weak in its performance during September. The yellow metal’s price dropped almost 5.5% from $1286.50 to $1216.5 (London PM Fix). In the last Market Overview we came to the conclusion that the real interest rate is one of the main drivers of the gold...

We ended our last essay, entitled “Apocalypse Now “ with the question has your market guru been advising you to buy all the way down from the highs of 2011? If so, don’t you think it’s time to reexamine your premise. Well, if you have maybe you are ready to adopt...

It is unclear what the market is doing structure-wise. Perhaps we are still in wave B of 4, or perhaps the pattern is evolving into something else. However, there is convincing evidence that we are quickly approaching another market top. While we cannot easily...

The ending of QE3 money printing by the Federal Reserve and the announcement of QE9 by the Bank of Japan knocked the price of gold and silver back to levels not seen for four years last week, a logical reaction if you genuinely think US interest rates are now on the...

Gold finally crashed key support at last year’s lows on Friday, which was a very bearish development that has opened up the prospect of an immediate severe decline at least to the strong support in the $1,000 area. Such a decline will have grave consequences for the...

Markets were strong as suspected… as the charts predicted with leading stocks really doing well. This is a very strong time of year historically -- and it looks like this year will be no different. We generally make a good portion of the year’s profits in the couple...

The trials of Job indeed! To that end, I do not recall taking a day off from writing in the past two years – and given the horrific immolation the world’s Central banks are foisting on the world’s population, I don’t anticipate slowing down any time soon. Following...

I traveled last week to the New Orleans Investment Conference, previously known as the ‘Gold Show.’ Jim Blanchard, a man known for promoting the right to own gold during the Nixon era, started the conference in 1974.

Gold hit new lows in October so the bears are growling. Popular consensus seems to be they will continue to dominate the short term landscape. I suspect a bear trap has been set and they are about to be gored by the bulls.

If ever there was a time to buy gold and silver now is the time! The Delta turning points have never failed. I started working on Wall Street in 1956 with Carl M. Loeb, Rhodes & Co. In 58 years of working on and dealing with the pursuit of market timing, there...

During the time Alan Greenspan and representative Ron Paul had their famous series of exchanges (some might have labeled them confrontations) during Congressional hearings from 1997 to 2005, the congressman made what turns out to have been a prescient observation. "...

On several occasions, over as many months, comments have been made here to the effect that reading developing market activity is the best source for knowing what to expect, moving forward. Most people have a need to rationalize the markets by coordinating known...

Long term – on major sell signal since Mar 2012 when $HUI was at 550. Short term – on sell signals. Gold sector cycle – down as of 8/8. COT data suggests a tradable bottom is not in yet for the metals.

Trading in precious metals was quiet until Wednesday morning, when prices began to soften. When the FOMC meeting released its policy statement at 2.00pm EST, gold and silver responded by falling heavily, with gold breaching the $1200 level yesterday (Thursday) and...

Stocks globally surged, while gold fell sharply today despite renewed irrational exuberance on hopes that the Bank of Japan’s vastly increasing money printing will fill some of the gaps left by the apparent end of Federal Reserve bond buying.

Chinese Stocks, GDXJ, GDX, Gold 3-Strikes & Silver Wedge Analysis via Videos.

Lacking a distinctive catalyst, gold prices have languished in recent weeks after a failed turnaround attempt earlier this month. Gold’s primary form of price propulsion is fear and uncertainty; as long as investors are worried what the future might hold, gold is...

As expected, the Fed announced yesterday it would end its six year money printing and bond buying program. Given the fragile nature of the U.S. economy, Eurozone economy and indeed the global economy, Fed critics continue to believe that this may be a short term...

Last week we argued that the underperformance of the gold miners during Gold’s rebound was a bad sign. Since then the miners have plunged to new lows while Gold appears to be at the doorstep of a major breakdown below $1180. It shouldn’t be a surprise as it would...

John Tamny, of Forbes magazine has written a recent article in which he takes Austrian economist David Gordon to task for not being Misesian enough in a book review of Money by Steve Forbes and Elizabeth Ames. Such critiques can be a useful exercise when the author...

China first delegated the management of gold policy to the Peoples Bank by regulations in 1983. This development was central to China's emergence as a free-market economy following the post-Mao reforms in 1979/82. At that time the west was doing its best to suppress...