Gold Editorials & Commentary

Many events moved the market this month.  Gold demand was stable but more important, gold is getting a boost from the weaker U.S. dollar.

Since Obamacare made its debut, discussions have focused on Ted Cruz' efforts to defund the law and the shockingly bad functionality of the Website itself. Fortunately for Obama, polling indicates that Senator Cruz has lost, at least for now, the battle for hearts...

Expectations are mounting over the Fed reducing its Treasury program in December, which could cause the US dollar index to appreciate to 81.60 in the short term. Nonetheless, the Fed should keep its monetary policies unchanged until 2014. As a result, any potential...

The FED's release on October 28th about Capacity Utilization showed a rise from 77.9% to 78.3%. So what? Well, in past years, a rise in Capacity Utilization has indicated that price pressures are building. The higher that C.U. goes, the less slack there is in the...

No wonder investors don't take economists seriously. Or if they do, they shouldn't. Since Richard Nixon interrupted Hoss and Little Joe on a Sunday night in August 1971, it's been one boom and bust after another. But don't tell that to the latest Nobel Prize co-...

I have long predicted that our central bank’s debt monetization efforts would be of greater quantity and duration than most everyone at the Fed and on Wall Street expected. The reason; it is simply pure economic fallacy to try to engender viable economic growth...

Even though the so-called “tapering” of the Fed did not take place in September it is that probable that it would happen in the near future? As the case of European Central Bank demonstrates, the shrinking of the balance sheet may happen smoothly (the ECB also...

As in my last analysis expected the sentiment was so depressed that Gold had to rally.

"Gold's ascent above $1350, to one-month highs, has been driven by investor interest," says a note from Barclays Capital, pointing to the "largest daily increase" in exchange-traded gold funds, which give investors exposure to the metal's price without them taking...

Many times, just before a big move is to occur, you will get a false breakout that can whipsaw you before you know what hit you. It gets everyone moving one way and then out of nowhere the price reverses direction leaving everyone shaking their heads and afraid to...

I know many of you who read this are focused on gold and silver mostly but trading leading stocks and holding for a few weeks or so is so much easier and more importantly, so much more profitable. To each their own but the miners burned me years ago and I have no...

The Dow Jones has seen a nice recovery off its credit crisis lows of March 2009. In the last 4.5 years it’s up about 138%. Don’t you wish you had bought stocks on the 09 March 2009 bottom? It’s easy to say that today, but in March 2009 the only people buying...

There is a ridiculous amount of time spent on what the Fed will do or won’t do or analysing the latest economic figures. Very few people use their own brain to figure out the obvious. And the obvious is that debt which has been growing exponentially in the last 40...

“This could turn into a very violent wake-up call for [screen-traded gold]. People talk about ‘fiat currencies’, but we also have ‘fiat gold.’ Volatility is too cheap right now.” — Gold refiner quoted by John Dizard in his Financial Times column this weekend

Since the 1930s Great Depression the U.S. Dollar’s value has been in a Kamikaze-like Dive. Another way of describing the disastrous history of the greenback is to simply say: Measured against gold, the US Dollar purchasing power has drop by 99.9% during its lifetime...

Left to the realities of supply/demand factors, gold and silver would be considerably higher, already. We can think of no other commodity situation with unprecedented demand and shrinking supply that has done anything else than drive price much higher. The fiat...

Long term – on major sell signal since Mar 2012. Short term – on buy signals. Gold sector cycle – up as of 10/25.

Now that another annoying gut check moment is safely in the rearview mirror, we can all get back to the business of filling the punch bowl yet another time. Yep, once again, we’ve proven ourselves to be among the dimmest of bulbs and are going right back to the bag...

In this weekend’s article, we tackle three major topics that may alter the way you invest: How the Fed impacts asset prices. The market does not care what you think. Using concepts 1 & 2 to compare 2007 and 2013.

With the last all time closing high on the Dow Jones Industrial Average having occurred on September 18th, it is an indisputable fact that as of this writing, structurally, the advance out of the 2009 low remains intact. From a Dow theory perspective, the bullish...

Its long tentacles can reach out in any direction, grasping its prey in an inescapable vice-like grip. It can be found in all of the world’s oceans, is highly intelligent and has a varied arsenal of survival strategies that include a diverse palate, deft abilities...

Investor sentiment towards precious metals is at the lowest level in over a decade. Many analysts believe the bull market is over and are calling for sub-$1,000 gold in 2014. Even diehard gold bugs are losing faith, as the correction has been longer and more severe...

How expensive was the 16-day partial shutdown of the U.S. government? According to ratings agency Standard & Poor’s, it may have cost the economy a staggering $24 billion.

Chart analysis On Gold, US$, T-Bonds, Silver and GDX via Videos.

After 12 years of gains, gold has fallen nearly 20% this year. The price of gold has been pressured for much of this year by the view that the Fed would end its stimulus program soon because of strength in the U.S. economy. However, some recent (weaker than expected...

My best guess continues to be that stocks will extend this consolidation on Friday and then deliver one more push higher into the FOMC meeting next week. I expect the Fed will confirm no tapering, which will likely trigger a big rally and probably reversal as smart...

The PRICE of wholesale gold slipped but held near 1-month highs Friday morning in London, heading for the strongest week-on-week gain since mid-August at $1343 per ounce.

Monetary inflation, by whatever euphemism and at multiple stages in its cycle, has clear benefits to some but major disadvantages for the majority. Sadly, the impact of the final leg of the century- long monetary experiment may be far uglier than many would like to...

The lack of reported inflation allows the Fed to continue fuelling the markets ad infinitum whilst at the same time eroding the little wealth the middle class still has left and boosting the enormous wealth of the top 10% of our society. As a result the Fed is...

Speculators in Wall Street learned a new term recently, the “Chinese Dama” (中国大妈), which refers to middle-aged female shoppers who can move markets. After the gold price fell significantly—by more than $200/ounce in April—the Damas moved in, purchasing gold as if...