Gold Editorials & Commentary

Long term – on major sell signal since Mar 2012. Short term – on sell signals. Gold sector cycle – down as of 8/8. COT data suggests a top is in for the metals.

Today’s stock valuation is more grossly exaggerated and unrealistically inflated than in the 1920s. Historic testament suggests today’s pie-in-the-sky lofty stock prices are irrational and driven by the artificial force of the Fed’s QE…and fueled by illogical...

Gold and silver have been pounded lower over the past month, contrary to their bullish seasonals. This selling pressure has come from the usual suspects, American futures speculators. They’ve been busy aggressively dumping gold and silver futures, particularly on...

Gold Key Number, Silver vs Gild Signal, Coppock Curve Key Assets, GDX Gold Distribution & GDXJ RSI Leader Analysis via videos.

You'd think that the US dollar has suddenly become strong, and the chart below of the other three major currencies confirms it.

BIG PICTURE – After bottoming out in 2012, America’s housing market has climbed to a 6-year high and it is probable that the 2006-record will be surpassed within the next 2-3 years.

The James Turk Fear Index has always been interesting www.fgmr.com. It is an easy concept. The Turk Fear Index is a measurement of gold’s relative value in relation to currency. The Turk Fear Index centres on the US by comparing gold’s value to money but a fear...

Here is a graph showing the price of gold FINALLY reaching GOLD’s “Long-Term Line of Support” for London PM Gold! One would expect that gold would begin its upward climb but usually the “Masters of Manipulation” step in to quell gold’s direction. Now we will just...

Last week I wrote about the historic correlation between the month of September and the strength of gold. Now it appears that this September might be shaping up as one not to remember but forget.

On Monday, the Federal Reserve Bank of San Francisco published a report, which indicated that central bank is growing closer to raise interest rates. As a result, the US Dollar Index, which tracks the performance of the greenback against a basket of six other major...

Friday's release of disappointing August payroll numbers should have been a jarring wake-up call warning Wall Street that the economy has been treading on thin ice. Instead the alarm clock was stuffed under the pillow and Wall Street kept sleeping. The miss was so...

"There are worse things that could happen than filling a gap and scattering the wrong kind of gold bugs back out. Then it would be up to the longer-term charts to do the heavy lifting if the daily does fulfill this downside potential.”

Is your portfolio’s fate dependent on Scotland’s? Why is it that when a place known for haggis, kilts and bagpipes indicates it might want to be independent, the markets pay attention?

The QE program created substantial hedge fund interest in gold-related ETFs. Unfortunately, QE never created the inflation the funds had anticipated. That’s because commercial banks held the QE money they received, “tight to the chest”, rather than loaning it to...

Given the troublesome economic conditions in the world and potential expansion of war in the Ukraine, Iraq, Syria, North Africa, and elsewhere, there is considerable risk that the S&P could fall substantially and a strong probability that gold will rally....

I believe last week marked an important turning point for the precious metals stocks. After two months of chopping in a tight trading range GDM, which I’m going to us as a proxy for the big cap precious metals stocks, finally broke below the critical brown shaded...

Only fools and the ideologically impaired believe that today’s capital markets are free. In free markets, prices are determined by supply and demand. In capital markets, supply and demand considerations are subordinated to capitalism’s increasingly dysfunctional...

Gold is the leader of the precious metals complex! It always has been and it is now. Silver and the mining shares have proven that they will follow the path of gold. If the following charts do not convince you, nothing will. So, study them hard and fast and don’t...

We have been bullish the USD and bearish the Euro, Canada dollar and Aussie dollar for quite some time now, most often using this simple weekly chart of various currencies. Months ago we noted USD creeping out of its downtrend (green dotted line) and the Euro...

The wait for the next leg up in both gold and silver has been excruciating. Many bulls are losing hope and the number of bears appears to be increasing. As for me, I remain rock solid. I hold long silver positions and I must say I am not worried one iota. Of course...

Last week, it was evident that SPX found sellers as soon as it posted a new high. This resulted in an attempt at starting a correction but it, too, suffered the same fate in reverse. If Friday’s rally runs into the same problem when the index reaches its higher...

The bear market in gold, silver and mining shares continues as we start the month of September. We have recent calls from investment banks for ever lower prices, perhaps more a symbol of how out of favor this sector is, than any accurate comment on future values. We...

A bit of a slow week for stocks that may be needing a rest now after a strong August. Summer is usually a weaker period for stocks with lighter volume but August was strong on lighter volume this year.

As of the first week of September gold investors have good reason to feel depressed; gold is down $50 since August 07th with no sign of the long expected turnaround. Still, for all the depressing market psychology we gold bulls must currently endure, technically...

Confidence in the precious metals trade has ebbed going into the fall, and our bottom hypothesis is about to be tested. It is an irony in light of what many of the central banks are doing to their currencies these days. But you have to remember that most investors...

There is no doubt gold is undervalued and stocks, the US dollar and bonds are way overbought. Globally, investors are flocking to the supposed safety and stability of the US despite rising deficits which are continuing to soar amidst the threat of instability in...

If you want to know why your holdings of physical gold and silver have remained under suppression, it is because both are anathema to paper fiat currencies, and the ones who are in control, the moneychangers, will not tolerate competition against their fiat Ponzi...

Long term – on major sell signal since Mar 2012. Short term – on sell signals. Gold sector cycle – down as of 8/8. COT data suggests a top is in for the metals.

The situation in the precious metals market is very tense. The medium-term trend remains down -- and we saw breakdowns in gold, silver and mining stocks, but at the same time the situation in the USD Index (which has been a major factor in determining the PMs’ and...

When one thinks of gold, it is usually always in terms of US$. Everyone has been conditioned to think that way. But if you live in Canada you most likely pay for your gold in Cdn$ not US$. For the most part one would make their gold purchase in the local currency....