Gold Editorials & Commentary

Since SPX has now clarified its phase two structure as needing a slightly higher high before completing and reversing its trend from 3853, last week’s call for a top was obviously a little premature. 

We begin by quoting the late Hervé Villechaize as Nick Nack in the film 'The Man with the Golden Gun' --[United Artists, '74]: "So near... and yet so far..."

As always, we begin with a Bear Eye’s View (BEV) of the Dow Jones, with this BEV chart beginning in January 1982.  What’s a BEV chart?  It’s a view of a market’s price series where each new all-time high registers as a 0.00%, or a “BEV Zero.”  All other data points...

Long-term – on major BUY signal. Short-term – on buy signals. Gold sector cycle is up. $$$ We are 60% invested. New money can buy at current prices and hold for the longterm.

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

This young gold-stock upleg is accelerating, with fast-rising prices enticing in more capital. This sector has surged sharply to multiple major upside breakouts in recent weeks, which is starting to turn skeptics into believers. Despite their strong upside momentum...

We live in turbulent times. The pandemic is still raging and will most likely have lost lasting effects on our society. But a revolution is also happening right before our eyes. And I don’t mean another storming of the U.S. Capitol or the clash of individual...

US Treasuries are as much sought-out by investors in a crisis or pending crisis, but lately, Treasuries have become much less popular as a means of storing wealth.

US Treasuries are as much sought-out by investors in a crisis or pending crisis, but lately, Treasuries have become much less popular as a means of storing wealth.

The price of gold rebounded further, despite hawkish Powell’s letter to Senator Rick Scott. The second quarter of 2021 started much better than the first one for the gold bulls. As the chart below shows, the yellow metal rebounded from the late March bottom of $1,...

There is no way this bull market doesn’t end very badly. We all know that is the reality of this liquidity-fueled market, but we keep investing for “Fear Of Missing Out.”

I have a confession to make: I am reaching the end of my personal level of nonviolent tolerance when being forced to listen to non-elected "authorities" standing in front of TV cameras reading their "prepared notes" from Teleprompters without the vaguest clue as to...

If gold’s recent rally is just a correction within a larger medium-term downswing, and the 2018 pattern repeats, this could mean the final plunge. Gold continues to move just like it did at the beginning of this year, and – combined with the bottoming USDX – it...

Many of us are fed up. We've dealt with the overt Bank price manipulation of the COMEX precious metals for years, if not decades, and we're all ready for it to end. Individually we are powerless to stop it, as The Banks and their captured "regulators" collude to...

Even though gold “could have, would have, should have” rallied given USD’s decline, it ended yesterday’s session lower. Why? Because it wants to slide.

The horrifying US government fiat versus gold chart. Gold is a currency. It is the ultimate currency… and as this 50year chart shows, gold’s superiority over fiat is indisputable.

Several economic indicators have surprised us on the positive side. Nevertheless, the price of gold has rebounded.

Gold rallied last week toward the top of a down-trending channel that has been in force since prices peaked last summer.

Ever since the market crash in February and March of 2020, so many investors, authors and analysts have been on high alert for the next shoe to drop.

This week spot gold closed the week at $1,776.51, up $32.63 per ounce, or 1.87%. Gold stocks, as measured by the NYSE Arca Gold Miners Index, ended the week higher 3.50%. The S&P/TSX Venture Index came in off 1.55%. The U.S. Trade-Weighted Dollar fell 0.68%.

A culminating point has been reached. With the USD Index being backed up by solid fundamentals, can gold hold the line? Have you ever noticed how often the language of war is used in finance and economics articles? A given company is on the defensive or the...

2020 was a mixed bag for gold producers. On the one hand covid-19 forced many to temporarily halt operations, due to government-imposed lockdowns.

There is a Fibonacci Cluster Turn Window scheduled for next week, from April 20th through April 28th, 2021 +/- a few days. Significant trend turns often occur when Fibonacci Numbers of Trading Days and Ratios converge into a narrow short-term period.

From last year’s March 23rd low (BEV -38%), two weeks ago the Dow Jones saw its 25th & 26th new all-time high (BEV Zero) in the BEV chart below, and this week the Dow Jones saw its 27th and 28th BEV Zero.  This bull-market advance is hitting on all cylinders.

There is some evidence that we are still in the bull market which started in 2009 and which could continue into the first half of 2021 before major cycles take over and it comes to an end.

There in the upper right panel it officially is: the U.S. Money Supply ("M2") this past week topped the $20 Trillion level, data courtesy of the Federal Reserve Bank of St. Louis as retrieved from the System's Board of Governors.

Last week's trading saw gold forming its low in Tuesday's session, here doing so with the tag of the 1723.20 figure (June, 2021 contract). From there, a sharp rally was seen into late-week, with the metal running all the way up to a Friday peak of 1784.70 - also...

Gold has found major support, and next resistance is at 1950. GDX has also found major support, next resistance at 45. GDXJ met support, and has resistance at 90.

Gold and silver markets are exhibiting more signs of breaking out into a rally. On Thursday, bond yields pulled back sharply. That helped fuel a new record in the Dow Jones Industrials. But the precious metals sector was an outperformer on the day, with mining...

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