Gold Editorials & Commentary

When gold’s price reached $850 per ounce in January 1980, it seemed as if nothing would stop the runaway train that was headed straight for $1000 per ounce. But it was stopped, and began sliding downhill quickly.

The ISM Manufacturing Index fell 0.2 point to a reading of 48.1 in November. However, gold struggles to find momentum. What is going on exactly?

Gold is flowing to strong hands in safer forms of gold ownership, in safer jurisdictions. Gold and silver bullion coins and bars owned by GoldCore’s clients have been moved from Hong Kong to Singapore

"Gold is money; everything else is credit." —J.P. Morgan. Dating back to the mid-80s, and usually around the end of November, I begin to formulate strategies and portfolios looking out to the upcoming New Year, taking into account technical, fundamental and...

While some analysts are getting a bit negative in their outlook for gold, the physical market is getting stronger and that’s very good news for investors. 

The price of gold has held firm at the $1460 (front-month contract basis, not the Kitco “spot” price) level despite the constant price attacks that have been occurring overnight and into the Comex floor trading hours since early November.

Another year, another Thanksgiving. I hope all of my American friends and readers had the chance to spend some quality time with family as we begin the busy holiday shopping season. The leading retail trade group expects sales in November and December to increase as...

The presidential race will mesmerize Americans over the next 11 months. The country hasn’t been this polarized since the Civil War.

Just when most traders thought that the previous week is going to end in the red for gold, something exceptional happened. The USD Index reversed after rallying, and gold rallied sharply in response. In the end, gold ended the week in the green by forming a clear...

As a rule of thumb, our contributions deal with the long-term gold price path. As an exception for today though, we’ll deal with the profitable (at least for our subscribers right now) short-term setup just ahead. The starting point is today’s gold futures action....

The basic idea behind the Quantity Theory of Money could be stated as: too much money supply is chasing too little goods supply, so prices rise. We have debunked this from several angles. For example, we can use a technique that every first year student in physics...

Let’s face it, we live in a world of radical uncertainty. Yet we’re supposed to make perfectly rational decisions – so, how do we cope with the unknown? We tell narratives, and form our decisions around them! Let’s explore the narratives in the financial markets for...

When considering the space requirements of $1,000,000, the first question is in what form?  I will try to illustrate the volume and weight of $1 million dollars in three forms: $100 bills, gold eagle coins and silver eagle coins.

Global debt has risen to another record at $255 trillion due to cheap borrowing costs. A decade of easy money has left the world with a record $250 trillion of government, corporate and household debt. 

The bull market which started in 03/09 shows no sign of having run its course.  A rough count taken on the long-term Point & Figure chart gives us a potential target of 3680+.  A few weeks ago, it was not clear if structurally, SPX would retest its 12/18 low of...

Gold settled out the week yesterday (Friday) at 1470 en route to its best up year -- at present +14.5% -- since 2010. 

Recently just over 8,000 large central bank sized - four hundred troy ounce gold bars - or put more bluntly, 100 tonnes of gold bullion - were carefully transported by armed guards under the cover of darkness.

First I want to present you with perhaps macro undervaluation chart of this 21st Century. That is the lowest about 100 years of time that commodity valuations versus the Dow Jones Industrial Average DJIA.

Gold sector is on major buy signal. GLD is on short-term sell signal. Gold sector cycle is up. We are holding long-term positions.

The Fed has published this month the newest edition of its Financial Stability Report. Generally speaking, the level of vulnerabilities in the financial system has moved little since the publication of the May edition of the report. The most of the US central banks...

Big systemically important banks could be in failure mode. A small group of big Western banks are in deep trouble. The officials might keep it all secret, working feverishly behind the curtains to patch their myriad holes with paper.

Central banks’ purchases and repatriations of gold have caught our attention once again. In October, Serbia’s central bank bought 9 tons of gold, following in the footsteps of many other central banks that have been adding to their gold reserves recently, including...

Gold reversed yesterday, and so did the rest of the precious metal sector. Mining stocks and – what’s important – silver showed strength relative to gold and rallied even more than gold. Silver’s strength is important because it indicates that we are already in the...

Gold is all that nationalist leaders in Europe’s east can talk about these days. Just this week, Poland’s government touted its economic might after completing the repatriation of 100 tons of the metal. Over in Hungary, anti-immigrant Prime Minister Viktor Orban has...

Investopedia says, “In the United States, the Federal Reserve acts as the lender of last resort to institutions that do not have any other means of borrowing, and whose failure to obtain credit would dramatically affect the economy.”

Poland brought about 100 tons of gold home from the Bank of England in a bid to demonstrate the strength of nation’s $586 billion economy, central bank Governor Adam Glapinski said.

The precious metals sector remains in a correction. The miners have shown some positive signs, but are not ready to move yet because the metals likely have more correction ahead.

Two of our favorite charts for following the US markets are suggesting the markets are range bound headed into the end of 2019.  The news may continue to push the price higher as the overall bias has continued to be to the upside. 

My first faithful dog Fido (circa 1963) and I used to play a game years ago before his eyes and hips started to go a tad "wonky," and in that respect, we were and are quite similar. They say that dogs tend take on the appearance of their owners (or vice versa), so I...

With India’s titanic physical market now switching from a price discount to a premium, the door is open for the end of gold’s healthy and graceful price reaction.