Gold Editorials & Commentary

The recently released December statement of account of the Bank for International Settlements -- contains information suggesting a decrease of about 37 tonnes in the bank's gold swaps, from 451 tonnes in November to 414 tonnes in December. 

If gold made a New Year's resolution to improve, then getting sick might have stifled its plans. Is this the beginning of a pattern for the next few months?

The gold price certainly didn't do much in either Far East or London trading on their respective Friday's -- and only began to show signs of life starting about five minutes before the 11 a.m. EST London close. It rallied a bit from there until it ran into '...

The market’s demolition that I’ve been talking about has begun. Zero Hedge asked the question on Thursday, “How bad is it?” and provides Morgan Stanley’s answer:

Today's economists have established 2% as an optimum level of inflation. The most obvious manifestation of this is all of the world's most powerful central banks have cited this inflation target as justification for increasingly larger interventions, (read...

During the past two years the world has changed. Events that have changed our lives in a substantial and unexpected manner, permanently in most cases so far, are not so frequent. Within living memory, or at least life span, of people still alive, these events are...

Last week's action saw gold making higher highs for the swing into Monday's session, here doing so with the tag of the 1833.00 figure (February, 2022 contract). From there, a sharp decline was seen into Friday, with the metal dropping all the way down to a low of...

India reported spending a record $55.7 billion on gold imports last year. The great gold Love Trade appears to be alive and well, despite gold having a down year in 2021. India, the second largest consumer of the yellow metal after China, reported spending a record...

Marc Faber 'Dr Doom' joins us to provide his take on the latest actions in the the markets, the central banks, interest rates, insane government policies and stupid politicians, plus we discuss why Gold and Silver are not performing as one would expect in this type...

How was that for a precious metals' Happy New Year? For 2022's opening five-day stint, Gold traded down as much as an annoying -2.7% and Silver an indecent -6.0%. And yet in commencing this 22nd year of the 21st century, we've had far worse five-day starts per the...

Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.

Our proprietary cycle indicator is UP. To public readers of our updates, our cycle indicator is one of the most effective timing tool for traders and investors. It is not perfect, because periodically the market can be more volatile and can result in short term...

As in sports, a weak market streak can reverse in the next season. However, the precious metals team looks like it’s about to drop out of the league.

Gold is nearing a major technical breakout from a massive chart formation. This classic pennant is a type of continuation pattern, a long high consolidation which gold climbed into from below. Thus odds heavily favor this tightening pennant resolving to the upside,...

You thought that 2020 was a terrible year, but we would be back to normal in 2021? Well, we haven’t quite returned to normal. After all, the epidemic is not over, as new strains of coronavirus emerged and spread last year. Actually, in some aspects, 2021 was even...

Gold price fell to $1,808 an ounce in the wake of the release of the minutes of the December Federal Reserve meeting, having hit an intra-day high of $1,829. Silver price fell to $22.72 an ounce from an intra-day high of $23.26.

On ‘Fed minutes Wednesday’ the media amplified the noise, the machines are doing what the machines do and running with it, and it’s all eyes on the great and powerful Fed (of Oz).

During the Battle of the Black Gate in the War of the Ring, Pippin cried out: “The eagles are coming!”. It was a sign of hope for all those fighting with Sauron. Now, I could exclaim that hawks are coming, but that wouldn’t necessarily give hope to anyone fighting...

What a way to start a year! Gold just faked its comeback before moving to new yearly lows. That’s a very bearish way for a market to start the year.

The higher price for gold over time reflects the loss in purchasing power of the US dollar. The loss in the dollar’s purchasing power is an effect of inflation.

Here is the secret: YOU CAN’T BE PERFECT!! It is impossible to always be right and always be perfect when trading or investing. And the sooner you accept that, the sooner you can begin to develop an appropriate approach to the market.

THE GREAT RECESSION - Zero Hedge’s favorite quant from Nomura just laid out his measurements and metrics of the bond market that explain why treasury prices puked on Tuesday, and his assessment of what is happening precisely validates the “Big Reveal” that I made...

Without question, investing in the precious metals sector has been a pain in the ass for nearly the entire 20 years I’ve been involved. The official intervention, which has become shamelessly blatant, is the primary reason.

After a disappointing 2021, the new year for precious metals likely holds a return to the bull market gains seen in 2019 and 2020. So welcome to 2022. Yes, 2021 was a lousy year for both COMEX gold and COMEX silver. Both positive negative returns, with COMEX silver...

Central banks, politicians and policymakers are surprised that November inflation surged to 6.8 percent, a nearly four decades high, about triple the Fed’s decade old 2% target. US producer prices rose at the fastest pace on record.

As 2022 begins, most of the world’s governments have no savings, face each new crisis with more debt, and enjoy bragging about themselves to financially impaled citizens.

Gold, silver, and mining stocks started 2022 with a bang. However, this wasn’t the kind of fireworks investors were hoping for. While gold, silver, and mining stocks partied hard into year-end, the trio woke up to massive hangovers on Jan. 3. Although I’ve been...

So far, so good – the first three days of 2022 didn’t bring a new catastrophe. It’s probably just the calm before the storm, but the new year started well. Even the price of gold has risen! As the chart below shows, the yellow metal managed to jump above the key...

The best performing precious metal for the year was gold, but still down 3.64% on the threat of the Federal Reserve beginning to raise interest rates in 2022 and that inflation will subside substantially in the second half of 2022 as supply bottlenecks are cleared...

For precious metals investors, 2021 will rank as a disappointing year – at least in terms of price performance. Gold and silver lagged behind the stock market as well as broad commodity indexes.