Gold Editorials & Commentary

Ah, August. In a word, the Oxford English Dictionary defines "august" as "impressive": as has historically been the month of August for Gold. Recall what we penned a week ago: "...with August on the horizon, that month has finished higher for Gold in eight of the...

The Dow Jones saw a new BEV Zero (new all-time high) on Monday this week, then closed within 0.64% of that in the following four days.  From the perspective of the Dow Jones Bear’s Eye View chart below, that’s about it.

It is in essence a year ago that Warren Buffett ill-timed his entry into the gold stock sector, unwittingly calling a top to the post-crash rally and signaling the start of the 2020 inflation trades, which did not include gold stocks (for logical reasons, as...

Our proprietary cycle indicator is DOWN but bottoming. Gold sector is on long term SELL signal. GLD is on short term buy signal.

So, so you think you can tell heaven from hell, a bull market from a bear market? It’s not so easy, as gold seems to be at a crossroads. On the one hand, accelerating inflation should take gold higher, especially that the real interest rates stay well below zero. On...

The gold miners’ stocks were whacked hard earlier this summer on a Fed-rate-hikes scare. That serious anomaly really damaged sentiment, spawning exceptionally-weak seasonal performance in this contrarian sector. But the bruised gold stocks and the metal they mine...

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

The party was just gathering steam, and then… Powell entered, the ultimate spoilsport, making the Fed dovish again. How long till he gets kicked off?

Earlier in July, U.S. President Biden came away from a meeting with Fed Chairman Jerome Powell and calmly announced that in addition to inflation being “short term,” we should fear not, as Biden also “made it clear to Chairman Powell that the Fed remains independent...

I ordinarily do not spend time reading the FOMC policy statement after it’s released, saving that brain damage for CNBC. But I read the June release to assess for myself whether or not the Fed had tilted toward a more “hawkish” policy stance and decided that it had...

The markets hide many mysteries. One of them is the recent slide in the long-term bond yields. As the chart below shows, both the nominal interest rates and the real interest rates have been in a downside trend since March (with a short-lived rebound in June)....

Despite the looming threat of massive inflation, or at least stagflation in the event that markets collapse, many appear to have given up on gold at the worst possible time, perhaps due to the mistaken belief that it will be perpetually suppressed by market...

Watch some of the brightest minds in finance, Grant Williams, Egon von Greyerz, and Ronnie Stoeferle discuss fiscal policy, the “crack-up boom,” inflation, liquidity, and of course gold and silver in

The USDX reportedly invalidated its bullish H&S pattern yesterday, but did it actually do so? The line based on daily closing prices says otherwise.

Some of you will question why it's valuable to document the obvious price-rigging by The Banks. The answer? Because remarkably there are still "analysts", many of whom the precious metals community hold in high regard, who claim the pricing mechanism is fair, honest...

Chris Joins Elijah K Johnson from Liberty And Finance to talk about Precious Metals. Since last August, silver has been trading in this noisy sideway range. This can be seen as a pause or consolidation before the next major trend breakout. If the US dollar starts to...

For investors who are following the Corona action, the delta variant of Corona is a concern, and it’s possible that more severe variants emerge over the coming year.

The bears assemble… but not for the USDX. The greenback has just completed its inverse H&S formation – are these the last calm moments for the PMs? Yesterday’s (Jul. 26) session might have seemed to be something important or game-changing, as miners moved higher...

The European Central Bank held its monetary policy meeting last week. It was an important event, as it was the first meeting since the adoption of the new ECB’s strategy, and as the ECB has introduced some changes. It left the interest rates unchanged, but it...

The first half of 2021 did not play out as hoped by precious metals investors. Despite the effort to “squeeze” the bullion banks, silver has yet to push through the $30 barrier, and gold remains below the high put in nearly a year ago.

The best performing precious metal for the week was gold, up 0.21%. Gold remained stable during the week as bond yields retreated and investors weighed the outlook for global growth on concerns that coronavirus variants may threaten the economic recovery.

The U.S. dollar, as the world reserve currency, is still the driver of silver, gold, and inflation pricing and the charts below show that they should now be ready to run based on the USD topping and then dropping in “price”.

The USDX rose above its inverse H&S pattern neckline. After months-long preparation, is it ready to take its final test… and shine?

My friend Greg Hunter at USA Watchdog weighed in recently with such a despairing outlook for the dollar that perhaps it's time to see whether the charts support this view. Here’s the post from his site, which over the years has featured my own thoughts on deflation...

You see, the market saw a nice drop on Monday. And, the news media was at the forefront "explaining" how the market fears regarding the Delta variant of Covid is what caused the decline, and would likely take it much lower. It made me wonder if they polled all the...

SPX rallied sharply from its short-term cycle low and immediately made a new high. As long as the cycle holds out, it could push to 4440+ before finding the next short-term top.

Last week's trading saw Gold forming its high in early-week trading, here doing so with Tuesday's tag of the 1825.90 figure. From there, weakness was seen into Friday's session, with the metal dropping down to a low of 1789.10 - before bouncing slightly off the same...

In a conversation among people old enough to remember, the word ‘bubble’ brings back memories of 1987 and 2000 and the Nasdaq.com frenzy. The craziness of the South Sea Island bubble in the UK and John Law and his Banque Generale in France is before our time, but is...

Monday this week saw a little excitement, as the Dow Jones saw it first 2% day since January 27th. And like last January, this week’s day of extreme market volatility was but a pause the market took before the Dow Jones saw a new all-time high on Friday. I have to...

Long term – on major SELL signal. Short term – on mixed signals. Gold sector cycle is down. $$$ We closed out all of our positions with good profits, and stand aside for now.