Gold Editorials & Commentary

For many years the yen was the preferred safe-haven currency for the largest bank FOREX traders. The topping action of the yen in 2011 created a huge US stock market buy signal. In 2015, the yen’s bottoming action helped create a massive buy signal for gold.

Gold bugs started 2023 with high hopes after the precious metals sector showed impressive relative strength versus paper assets in 2022.

I am going to start this week's missive with the quote from Robert Prechter's seminal book The Socionomic Theory of Finance, which is a book I strongly recommend to each and every investor:

Nicole Adshead-Bell, an expert in commodities, joins us today to share her thoughts on the future of metals and their role in the energy sector. She is bullish on copper and believes it is the new lithium. She discusses the government's push towards ESG and how it...

The best performing precious metal for the week was platinum, but still down 1.20%. Dundee Precious Metals reported fourth-quarter earnings per share (EPS) of $0.18, above consensus of $0.14. The beat to consensus was driven by a combination of lower-than-expected...

Whatever enthusiasm investors have remaining for their gold stocks holdings must be waning rapidly, if not already dissipated. Below is a year-to-date chart (source) for GDX (VanEck Gold Miners ETF) showing the latest swoon in prices…

​​​​​​​Uranium investments topped the list of exciting takeaways from the Mines & Money conference held in Miami last week. Keynote speaker Chris Temple, editor of The National Investor, dispelled nagging doubts about atomic power’s future when he noted that...

The only way to get away from the dollar is to dig underneath it, right to the very base of the monetary pyramid itself.

Dave Kranzler is back with his bi-weekly report, and this week he takes a bit of a different turn.

In my last video I noted that pretty much everything is in an intermediate decline,  so we're in that period that separates the men from the boys, and the people that consistently donate money to the market and those that consistently earn money from the market.

With but two trading days remaining to complete this year's second month -- a year which finds Gold repeatedly being hyped to the heavens -- price is actually now -0.7% for 2023 in settling out this past week yesterday (Friday) at 1818, not having had (as yet) an up...

“Diamonds are forever,” according to the jewelry industry. That may be a slight exaggeration, yet diamonds will certainly outlive you and whomever you give them to.

Last week, we wondered whether the Dow Jones would next cross its BEV -5% or -10% lines. This week we know – it closed below its BEV -10% line, and that isn’t good for the bulls.

Gold and silver markets drifted lower again this week as investors braced for additional Fed rate hikes to come.

Our proprietary cycle indicator is DOWN. Gold sector cycle is down. Trend is up. A correction is in progress.

The Fed minutes put a damper on the markets, but not on our huge cash positions in our SGS portfolios (all in USD). The candlestick action on silver bullion is impressive and we're stepping into the market to buy a position with stoploss.

Gold’s sharp selloff this month has been driven by a confluence of factors.  Entering February short-term overbought, a couple surprise events ignited big gold-futures selling.  Then the US futures regulator failed to report speculators’ positioning, breaking the...

Enough is enough. No market can decline without correcting every now and then. And both gold and the USDX point to an upcoming reversal. Let’s start with gold.

Gold’s winter rebound thwarted a 2013-like scenario. However, the sharp February selloff and nasty monthly candles reflect no bull market yet. Gold is stuck but remains in a larger handle consolidation within a super-bullish cup and handle pattern.

The Fed has recently released the hypothetical scenarios for its 2023 supervisory stress test. This test is conducted annually to show how the banks are likely to perform in a recessionary environment. The results of this test under the "supervisory severely adverse...

On the heels of overwhelming votes to remove all taxes from purchases of precious metals in Mississippi, legislators in Vermont have introduced a measure to curtail the controversial tax in their own state.

This video provides a discussion of gold rallies and how to get the optimum investment timing to make profits.

When it comes to technical analysis I subscribe to the KISS philosophy: Keep It Simple, Stupid! The more complex it gets, the more the study of charts and price patterns loses its usefulness, in my opinion.

Trading Recommendation: Go Long gold. Use puts as stops. Wave *c* of our very large wave .iv. bullish triangle ended at 1614.90 (XAU). From that low we continue to rally in wave *d*, which now appears to have become a double 3 wave rally, as shown on our Daily Gold...

Below we examine the historical interplay of losing wars, cornered egos, tanking currencies, greater controls and gold’s loyalty in times of open madness.

Gold stocks just closed at a new 2023 low! Not only that – miners declined more than gold while silver was “strong.” That’s a VERY bearish combo.

When I hear analysts and investors claim that “the market got it wrong” after a market move, it just makes me chuckle. This is probably the extreme in ego and hubris on display. Price is the market. And, if your perspective does not comport with price action, then...

While the war worshippers of the world take turns waving “I love Poohtin!” and “I love Jackboot Joe!” pom poms (and wave them far from the front lines of the war. The citizens of India, aka the “A Team”, are back on the buy!

The news is full of articles now discussing how food (Staples) producer prices are going to continue rising, how warehouse and distribution channels are pushing “inflation” higher, how charges to use cargo containers and transportation are all pushing “inflation”...

The best performing precious metal for the week was gold, but still off 1.21%. Barrick Gold’s overall attributable gold reserves increased 10% to 76 million ounces. Operating reserves (excluding the 12 million ounces relating to the Norte Abierto project) increased...