Gold Editorials & Commentary

What a wild week; I’m overwhelmed!  In my articles I usually find a narrative theme with which to insert my graphics in.  But this week the only theme that comes to mind is what an awful week it was – just awful.  Come to think of it, that’s actually a pretty good...

Our proprietary cycle indicator is down, now at the lowest level in years. Our ratio is on sell signal. Speculation is pulling back from the recent new high.

Below is a monthly chart of HUI telling some stories of the past. The 2003 to 2008 bull rally ended with Huey’s “crown of thorns” as I used to call it back then. An H&S that formed at the end of a great inflationary phase in the markets. The great crash of 2008...

The outbreak of COVID-19 has brutally reminded people of the risk of a pandemic. However, investors should never panic but look to history as a guide. We invite you thus to read our today’s article, which provides an important analysis of the history of pandemics...

Gold fell for a few days after the Lehman collapse but ended 2008 higher by 5.6% and it continued its gains in 2009, 2010 and in the sovereign debt crisis of 2011 and 2012

The gold futures lost 3.17% on Thursday, as it fell below $1,600 level and reached the daily low of $1,560.40. Yellow metal fell the lowest since early February following financial markets liquidity squeeze. Earlier in the week the market bounced off Monday’s new...

With the major gold miners’ stocks getting bludgeoned, smart contrarian traders are salivating at coming great buy-low opportunities! With the COVID-19 pandemic’s extreme fear terrifying the markets, it’s very important to stay grounded in the gold stocks’...

Has the selloff ended?  When will it end?  What will the bottom look like and am I at risk of taking further losses?  What should I do? Do you want to take a guess at how many of our friends and family members are calling us over the past week or so asking these...

Markets are just beginning to latch on to the economic consequences of the coronavirus. Central banks are slashing interest rates and beginning to throw new money into the mix and governments are increasing deficit spending.

In yesterday’s analysis, we wrote that the outlook for the precious metals sector remained bearish, and we wrote that if you’ve been wondering which parts of the precious metals sector are likely to decline the most, we would still choose silver and mining stocks. ...

On Wednesday, WHO declared the current outbreak of COVID-19 as a global pandemic, while the US stock market entered the bear market as it had fallen over 20% from its peak. What’s next in store for the yellow metal?

The traditional reason for investing in gold is to protect from inflation, but history shows that gold has far more valuable uses than if it were just a mere inflation hedge. In this chapter, using six stages of analysis, we will explore a powerful and highly...

Today, after another devastating day in the markets we are going to stand back and take a “big picture” view of what is going on. This is not some ordinary run-of-the mill bearmarket that is starting here – it is the beginning of a devastating collapse that is...

The bear roared today, ripping the ears off everyone, as the Dow and Russel 2000 both landed more than 20% below their last peak. Their 19-session rampage landed a record as the, steepest, fastest downhill bear run in the history of the US stock market.

The coronavirus has rapidly taken center stage in world affairs over just the last month. With its terrible human casualties comes a nasty financial side effect: deflation. The US stock market has just witnessed its worst weekly decline (-11%) since the Crash of...

If you're a regular reader of these pages, you may recall that we've been documenting the ongoing fraud of "Exchanges For Physical" for the past several years. With trading volumes surging during these turbulent times, EFP use is surging again, too. Thus it's time...

On Sunday, Italy registered a huge jump in new cases of the COVID-19, the stock market plunged, while the oil market crashed. Tuesday morning, and Italy is on lockdown. Meanwhile, gold jumped above $1,700. What’s next for the yellow metal?

We appear to be entering the sort of scenario that doomsday preppers have been warning about for years. A pandemic is spreading death and panic around the world. Markets are crashing. Store shelves are emptying

The first one is the situation in crude oil. Namely, it plunged below $30 overnight as Saudi Arabia ramped up production following Friday's OPEC+ collapse. At the same time, treasury yields plunged to fresh record lows and the USD Index plunged once again, moving...

Gold is testing its previous 2020 highs, but silver plunged anyway, which created a very special situation. Namely, the gold to silver ratio just jumped to the 100 level. This may not seem like a big deal, because ultimately people buy metals, not their ratio, but...

I appeared to occupy a unique place on the lunatic fringe when, many years ago, I started writing about the prospect of a short squeeze on the dollar. When I bounced this idea off a half-dozen finance professors, each had the same response: "Huh?"  Their incredulity...

Extreme volatility in the equity markets has investors wondering what to expect. Even the hardiest of stock market bulls are finally asking some serious questions about whether the top is in. Stocks have long been priced for perfection and suddenly conditions are...

The best performing metal for the week ended March 6, 2020 was gold, up 5.56 percent. After getting hit last Friday with a virus-driven sell-off, gold rebounded on Monday March 2 to retake its safe haven status. Gavin Wendt, senior resource analyst at MineLife Pty...

The US stock market opened Sunday, March 8, 2020, dramatically lower.  Oil collapsed 25% to near $30.  Gold shot higher to levels just above $1700.  All of the major US indexes were lower than 5%.  As of this morning, the US major indexes are lower by 6.40%, and oil...

The U.S. and Global Stock Market has started a powerful Grand Supercycle degree Bear market decline, which could last for years. This is a Bear market correcting a multi-century Grand Supercycle degree Bull Market, which ended in February 2020.

Since 2009 the stock market has had for major waves of investor fear (volatility) take place which was in 2010, 2011, 2015, and 2018. Each time the market corrected we saw a drop anywhere from 12% – 18% and both traders and investors became emotional and started...

It’s time to consider the possibility that the coronavirus pandemic could bring an end to the bull market.  This would become even more likely if the current correction extended below the October 2018 bottom of 2346.

Last week's trading saw gold forming its low in Monday's session, here doing so at the 1576.30 figure. From there, strength was seen into late-week, with the metal pushing up to a Friday high of 1692.80 - before backing off the same into the weekly close. For the...

There's something about the Gold price of 1691. Oh to be sure, 'tis 16 points above our forecast high for this year of 1675, a level which according to the "Coronavirus? Who Knew? Dept." may in hindsight appear -- as we suggested back on 04 January before anyone...

Can you believe it? After a week where the Dow Jones saw four days of extreme market volatility (Dow Jones 2% days), and the NYSE saw two days of extreme market breadth (NYSE 70% A-D days), the Dow Jones closed UP 455 points from last week’s close. After all that...