Gold Editorials & Commentary

Contrary to first impressions, the title of this missive is not a reference to the centimetric dimensions of my waistline circa last December, but rather a timeline to a societal and economic state of change in which we as citizens of the West now reside.

A week ago on Thursday, the Dow Jones closed with a BEV value of -5.00%, which was a daily close outside of scoring position.  It was just the tiniest bit outside.  No matter, it was still a daily close not within 5% of its last all-time high.  This was a first...

Our proprietary cycle indicator remains DOWN. Gold sector is on long term SELL signal. Long term – on long term SELL signal. Short term – on buy signals. Gold sector cycle is down.

We herewith exchange thoughts on the real vs. surreal financial system. We specifically address the blunt reality of unimaginable debt levels, tanking GDP growth, rising inflation, negative-yielding bonds and declining consumer sentiment against a current...

Thank you for watching today’s free analysis. Please note that it is just a small fraction of the upcoming Gold & Silver Trading Alert. The latter is going to include over 40 charts and other premium details that are not available to 99%+ of investors.

Gold is really out of favor after suffering several sharp selloffs in recent months on Fed-tightening fears.  Speculators trading leveraged gold futures have been mostly short selling, while investors have been ignoring gold exchange-traded funds.  Driven by bearish...

“We need lower [consumer demand] growth to give the supply chain time to catch up, or differently spread out growth”, said Morten Engelstoft, chief executive of Maersk-owned APM Terminals, in September. Even though I’m fully aware of the supply-chain crisis,...

President Biden’s messy departure from Afghanistan has long reaching consequences casting a long shadow over his domestic plans into the upcoming midterms. For one thing, he dug himself a deeper hole when he vowed to conduct operations against ISIS-K. After the...

A massive financial system crisis building.  Evergrande is a small part of the cause but it may have been the “black swan” trigger. The move into the dollar is likely a reflexive flight to safety by professional investors globally and foreign banks. While it’s easy...

President Nixon’s unilateral decision to sever the last link between the dollar and gold had wide ranging and long lasting consequences for the global economy and for the entire monetary system. The end of sound money facilitated and accelerated the concentration of...

In our post on January 28, 2021 “Gold, The Tried-and-True Inflation Hedge for What’s Coming!” we outlined four reasons that we expect higher inflation over the next several years. The brief bullet points are:

With inflation more than two times lower in Europe than in the US, the divergence between the economic zones deepens day by day. How might it impact gold?

It took Wall Street a while to find out about inflation above 5%, but it seems that investors have finally noticed that we live now in a world of elevated inflation. I have always known that only the smartest minds work on Wall Street! So, right after they finally...

Six months ago, few Americans had heard of Evergrande. Now many worry this Chinese property developer’s downfall will start an economically devastating chain reaction.

Supply chain disruptions have created a scarcity of goods in some categories. At the same time, the U.S. government continues to flood the economy with dollars, trying to keep spending up and the economy out of recession. This combination of too many dollars chasing...

It serves no purpose to hold gold. Why should anyone hold gold when it has lost value against most other assets since 2009. At the end of this article, I will tell you when you must not hold gold and why I think gold will reach new highs shortly.

With inflation surging and Powell praying for a “transitory” miracle, the troubles confronting the Fed are accelerating, not decelerating.

The next update on the U.S. jobs market is due this Friday, and much will be made about whether or not it provides enough evidence for The Fed to begin tapering its current QE program. Of course, our concern is: how will the precious metals respond to the data?

Let’s start with the BPGDM, Gold miners bullish percent chart which has just made a lower low along with the GDX on top. If you recall I was looking for some kind of divergence between the 2 which hasn’t happened yet red arrows on right side of the chart. There is...

Storm clouds blanket the entire global economy right now. In the articles I’ve written over the last ten days, I reported extensively on the following prevailing winds that are assailing all economies, and in this article and the next, I’ll reveal how our...

Can you remember back to when you were two or three years old? Toddlers often think that there are little people inside the TV (or maybe this was only true when the TV was about as deep as it was wide—and maybe kids today don’t think this when looking at a 60-inch...

The US stock market continues to struggle, and the miners look ready for a major rally. The US stock market chart. I’ve highlighted the 1966-1980 period… and suggested that America is at a point much like 1966.

If there was a way to describe the last days on the precious metals market, it would be “a whole lot of nothing”. More or less, that’s what happened. Let’s start with the nothing that happened in the USD Index.

September is believed to be, from a historical point of view, one of the best months for gold. Well, September 2021 definitely wasn’t very good for the yellow metal. As the chart below shows, the price of gold declined almost 4% in that month (from $1,814.85 at the...

Price of all gold, silver and copper hinges on US economic data releases (other than jobs) and various US September jobs numbers. A slightly better number has already been factored in by the traders. There will be massive short covering rally if US jobs number comes...

In this compelling interview with Patrick Vierra of Silver Bullion TV, Matterhorn founder, Egon von Greyerz, bluntly addresses the blunt forces of policy absurdity and the cyclical adversity now facing debt-wild global markets and financial regimes, against which...

I have to tell you that I get the biggest chuckle out of the comments I read from people on Seeking Alpha. Recently, I read yet another bearish article on the market, and I found a comment which I can appropriately summarize thusly:

Ignoring cycles, trends, and technical patterns is a potential recipe for disaster. The HUI index can tell us a lot about the near future.

Since mid-May the price of silver has been under significant pressure, but held above $24. Three weeks ago, that floor was penetrated lower and for a week $23 became the new support. Then, two weeks ago, $22 became the new and lower floor, which on Wednesday failed...

Shocking news out of France late this week, as the government has announced new price controls in response to the growing energy crisis.