Gold Editorials & Commentary

Gold prices are marginally higher today and look set to have their best monthly gain since June 2016. Spot gold was up 0.2% at $1,413.60 per ounce in late morning trading in Europe. Gold has risen over 8% this month so far. A monthly close above $1,400/oz will be...

What a week! On Tuesday, gold prices hit a six-year peak of almost $1,440. But they declined since then to almost $1,400. What is happening? We got the Fed speaking… Let’s dive in to the implications of what has been said.

-The Global Monetary RESET will see the “Third World” dollar sharply devalued and paper wealth and assets including stocks and bonds lose significant value

I am so confused tonight that I had to crowbar the booze cabinet in order to calm my scrambled soul and ease the pain in my pseudo-analytical chest. That's right. "PSEUDO" as opposed to "QUASI" and as opposed to "FAUX."

Quite a few journalists wrote about gold’s breakout in the previous days even though gold made an attempt to break above the key resistance – the mid-2013 high – only today (and it failed). At the same time, when the gold to silver ratio was breaking out in a clear...

Every 30 – 40 years the world goes crazy, takes a deep dive into a shallow pond, dances with the devil, and resets gold internationally.

Short of a raid orchestrated by the central planners to fasten tighter the cap on gold (which remains a real possibility given the historical record), the yellow metal shouldn’t encounter much price resistance until above $1,500/oz.  – Adam Taggart, Peak Prosperity...

Gold prices look set for their first decline in seven trading days today. Gold fell over 1.1 per cent during Asian trading hours and has remained weak in European trading. 

Last week was definitely hot. Both major central banks adopted a more dovish stance. Gold reacted positively, jumping above $1,400. What has changed, and what has not? How close are we to an actual rate cut, not only to the speculation of getting one for sure on the...

This is the most important chart in the history of markets. Gold is breaking out of a massive inverse H&S bull continuation pattern, and that pattern itself may be the head of an even more massive pattern that targets the $3000 price area.

The War on Cash isn’t a conspiracy theory. It’s an open agenda. It’s being driven by an alignment of interests among bankers, central bankers, politicians, and Silicon Valley moguls who stand to benefit from an all-digital economy.

While it may seem repetitive to do so, it's time to remind you again of where we are and where we're headed. For your part, you can either continue to whine and complain about the central bank delusions of 2013-2018 or you can climb aboard and have some fun...

Gold surged over $1,436/oz this morning, it’s highest level in almost six years as an escalation of US sanctions on Iran added to heightened geopolitical uncertainty and uncertainty in global markets.

Gold broke above the $1,400 level last week and the volume that corresponded the move was exceptional. The story doesn’t end there. The volume for silver was big and the volume for silver stocks was truly epic. Something very, very, very important is happening right...

Ladies and gentlemen, we have liftoff! After breaking out of a five-year trading range, the price of gold surged above $1,400 an ounce last week for the first time since 2013 on expectations of a U.S. rate cut. The 10-year Treasury yield fell to around 2 percent,...

Let’s start with Frederic Bastiat’s 170-year old parable of the broken window. A shopkeeper has a broken window. The shopkeeper is, of course, upset at the loss of six francs (0.06oz gold, or about $75). Bastiat discusses a then-popular facile argument: the glass...

The third week of June went according to the game plan as the market’s price action just followed the white line projections as we demonstrated in real-time.

What happens to the gold price this week will likely set the trend for the foreseeable future. While many precious metals investors disregard technical analysis and key chart formations, you can bet your bottom dollar that large traders and institutions are watching...

Back on May 24, I authored my first article on gold in quite some time. As I noted in that article, there was not much for me to say until that time, as gold was clearly within the consolidation/pullback phase I had expected months before that.

“If it does move higher from here, there has been enough congestion created over the past few days for it reach between 2930 and 2950 while, during that time, remaining below the two resistance lines.”

Welcome to The Gold Update No. 501 ... and one we've been anticipating given what Gold has just done.

Gold busted out sharply higher this past week predictably after finishing its Bullish Cup and Handle pattern we were showing in development for months. Let’s take a look.

Two weeks ago the Dow Jones crashed into its BEV -7.5% line. My reaction to that was to become a bear on the stock market. Now ten NYSE trading sessions later, it’s advanced to within a half of a percent (0.41%) from its all-time high of last October 3rd. I became a...

The US Federal Reserve, the country’s central bank, did what many expected on Wednesday, and held interest rates steady, while signaling that a rate cut is on its way.

Our proprietary cycle indicator is up. Gold sector is on major buy signal. GLD is on short-term buy signal. GDX is on short-term buy signal. XGD.to is on short-term buy signal. 

Here are today's videos and charts.

Gold finally surged to new bull-market highs this week! Several years after its last bull high, gold punched through vexing resistance after the Fed continued capitulating on ever normalizing. This huge milestone changes everything for gold and its miners’ stocks,...

Bullion’s powerful rally this week has kicked this popular mining-stock vehicle into high gear. I haven’t tracked it in quite a while but aim to do so now, provided it remains feisty and interesting. In that regard, GDX looks like it’s about to ratchet up the...

Gold prices surged to a new six-year high today after markets digested the U.S. Federal Reserve signaling a move to looser policies and other central banks including the ECB made similar dovish signals.

The Federal Reserve announced they were leaving rates unchanged on Wednesday, June 19.  The markets were expecting this or a quarter percent price decrease.  Initially, the markets reacted to the news by moving to the downside recently. The markets immediately...