Gold Editorials & Commentary

Another Labor Day has come and gone, and I sit here in the back of my boat typing yet another rambling, rancorous recount of forty-one years covering the financial markets, and I have to tell you—I am depressed.

Gold and silver were thrashed this past summer, relentlessly pounded to deep new lows.  That has fueled extreme bearishness, with traders convinced the precious metals’ fundamentals are rotten.  But epic all-time-record futures short selling by speculators was the...

Washington, DC – The battle to end taxation of constitutional money has reached the federal level as U.S. Representative Alex Mooney (R-WV) today introduced sound money legislation to remove all federal income taxation from gold and silver coins and bullion.

The crisis in emerging markets deepened this week with currencies around the world collapsing in value and gold reaching new record highs in these fiat currencies. Equity indices in emerging markets have seen sharp drops and now developed markets are seeing weakness...

The recent rally attempt of the gold stocks fizzled out as the December 2016 lows failed to hold. Now the miners are making new lows. As they pine for the next support they figure to be even more oversold as more bulls throw in the towel.

I have spoken about this many times in the past, but the fact is that very few understand our financial markets. While no one is perfect when it comes to being able to identify turning points in the market, I think we all know that there has been a significant...

President Donald Trump’s administration is playing a game of high-stakes international chess with Russia, Iran, Turkey, China, and other countries viewed as adversaries in trade and geopolitics.

Bitcoin plunged from 7385 to 6830, or 7.5%, Wednesday in reaction to a Business Insider report that Goldman Sachs has decided to drop a year-ago decision to create a crypto-currency trading desk.

Gold prices have fallen hard since April – under $1,200 as of September 5. When people are depressed about their investments, such as now with gold, it is wise to remember that everything changes, and highs follow lows which follow highs.

The price of gold is likely to soar. This is what recent the CoT report suggests. At least, people say so. But what do you think?

– “Why hedge because everything is going straight up”? – Now “is exactly the time when should hedge” as volatility in U.S. markets is low. – “September is the most dangerous month of the year for equities”

This year, commodity prices have been under pressure from a strong U.S. dollar and trade war fears. This has made a huge dent in the balance sheet of many net exporters of resources, in turn weakening their currencies. However, commodities could be on the rebound...

98.4 percent…that is the market odds of the September Fed hike. But what will happen later? In this edition of the GNM, we dig into the recent FOMC minutes to answer this question. Read our article and find out!

Are Argentina, Turkey, South Africa, Indonesia and other emerging markets exceptions? Economists think so but contagion could spread rapidly. Emerging-market crisis is driving safe-haven demand for German Bunds and soon gold

Gold is a relic of the past. There is no interest from the millennials for gold. The cryptocurrencies are taking demand away from gold. Central banks have been selling gold over the last few years. Interest rates do not support a rally in gold. Gold funds have been...

There were only a few analyses that we started with a quote, and there were even fewer that we began by quoting a song. It may even be the first one ever.

Fresh statistics show that US gold jewellery demand is now about five times the size of US gold coin and bar demand.  Back in 2014 I predicted this would occur…and it’s happening on schedule.

This week, we are back to our ongoing series on capital destruction. Let’s consider the simple transaction of issuing a bond. Party X sells a bond to Party Y. We will first offer something entirely uncontroversial. If the interest rate rises after Y buys the bond,...

https://www.gold-eagle.com/rate/price-of-gold/There is no stopping the rise in the price of Gold. As long as world Central Bankers continue to increase the quantity of fiat currencies, because Gold’s production is limited, a simple supply and demand equation...

This past week, I read an article entitled “When Will S&P 500 Valuations Matter Again?,” written by Gary Gordon. And, in his first bullet point, he said “truth be told, valuations have not mattered for the public markets for three-and-a-half years.” He then goes...

Today I document and analyze gold and oil prices and their ratios from January 1970 to August 2018. This is the second part of our research and analysis on gold-oil ratios since World War II.

Last week, I expressed some concern that, since the China/USA trade talks did not get anywhere, Trump’s promise to implement another $200 billion of tariffs could be activated early in September.  The imposition of tariffs has not been well received by the market in...

If you want to understand the great mass of investors, you don’t need to spend hours reading a book written about a hundred years ago, the best way to do it is to treat yourself to some time watching sheep. You can even make something of a vacation of it by going...

Large speculators cut back on their bearish net positions in the Gold futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

Two-thirds of the calendar year are gone. What else is gone? gold. Gone down. Gone bad. Gone to hell in a hand basket. Gone to begging for handouts into said basket. As is Sister Silver: "She's gone ... oh I, oh I'd ... better learn how to face it"--(Hall &...

Venezuela used to be a relatively rich country. Today, it has a nominal GDP around $100 Billion, a population around 32 million, a labor force of 14 million, and unemployment over 30%. GDP fell last year by 14%, and inflation is so high that official statistic are ...

Our proprietary cycle indicator is way down. Gold sector is now on a major sell signal. Speculation is now at net short for the first time since 2001.

Money Managers (“Funds”) continue to cut longs and add shorts, while gold remains oversold technically and over-bearish from a sentiment perspective. This has been the situation since May, and yet gold continued to fall. I see this as a massive build-up of fuel for...

Here are today's videos and charts.

Rick’s Picks will always be a good place to visit if you’re a gold bull in need of a reality check. I promise to call ’em as I see ’em, relying solely on charts, rather than on something as pathetic and sentimental as “feelings,” to guide my forecasts. Right now,...