Gold Editorials & Commentary

Sales of U.S. Mint American Eagle gold coins dropped to their weakest April since 2007, while silver coin purchases for the month rose 10 percent higher than last year, U.S. government data showed on Monday.

The best performing metal this week was gold, down 0.92 percent.  This week was fairly negative for gold as the dollar held strong and the 10-year Treasury yield reached its highest since 2014 to 3 percent. A new use of blockchain technology will allow jewelers to...

As the market continues to whipsaw market participants, it has certainly left many of you scratching your head.

With gold testing its 200 day moving average this morning I thought I’d reproduce the first part of the precious metals segment from week’s Notes From the Rabbit Hole (NFTRH 497), including a daily chart of gold at the end showing the anticipated SMA 200 test.

A reader asked us this week about the personal savings rate. Most people can sense that something is wrong if the rate is in a long-term falling trend, or if it falls too low (whatever level that may be). We argue that falling savings is part of the larger process...

The USD Index is one of the main drivers of the gold price and it’s quite obvious – no asset can move independently from the currency that it’s priced in. If gold’s value (compared to the value of other things) doesn’t change, then if the value of the USD declines,...

When it comes to what happens during the next major market correction-crash, we can count on that “this time will be different” for the gold and silver prices.  While many precious metals investors believe that gold and silver will crash along with the broader...

Economists have been struggling to explain how unemployment can fall to 4% without wages starting to accelerate. The following chart shows paychecks rising at about the rate of inflation over the past five years, which means the average worker’s earnings don’t buy...

Gold continues to build towards a breakout from a major base pattern, a giant Head-and-Shoulders bottom that we can see to advantage on its latest 10-year chart below. At present it is battling the headwinds of a dollar rally, but a dollar rally won’t stop it,...

In this article, we are going to explain and show you an interesting pattern that has been slowly forming over the past year in the precious metals sector. This pattern along with our analysis point to a significant rally to start in the next 4 months for gold,...

Not exactly the most cheery way to transit toward the month of May. For as we look above at Gold's comparative weekly tracks -- 2018 in gold, 2017 in White and 2016 in Grey -- the past years' like weeks have brought dismay into May. Not that seasonality has to...

The stock market saw some action this week. On Tuesday the Dow Jones moved over 3% intraday, but closed only -1.74% from Monday’s closing price, so I didn’t count Tuesday as a day of extreme volatility. Other than that, it was a fairly boring week, with the Dow...

Gold’s recent woes have been inversely tied to the latest reversal of fortune for the greenback. As I’ll explain in today’s report, the strengthening dollar is in part a result of rising Treasury bond yields but may also be part of a growing realization that the U.S...

Gold behaves like a currency. This has extremely important consequence: gold cannot be valued like assets which generate cash flows or even as commodities whose value can be at least estimated looking at the balance of demand and supply. Does it mean that gold is a...

If trade wars and actual shooting wars (Syria, Yemen) weren't enough for the world economy to worry about, pressuring stock markets and threatening to derail robust global economic growth, there is another elephant in the room looking to stomp on traders, investors...

The U.S. dollar has been on the rise in April – could it be breaking out? Mike Matousek, head trader at U.S. Global Investors, explains the dollar’s recent positive price action and how investors might participate. He also explains how the dollar and gold have...

Our proprietary cycle indicator is up. Gold sector is on major buy signal since early 2016. Major signals can last for months and years and are more suitable for long-term investors.

It is my privilege now to be joined by a man who needs little introduction, Marc Faber, editor of The Gloom, Boom and Doom Report. Dr. Faber has been a long-time guest on financial shows throughout the world, and is a well-known Austrian economist and investment...

Here are today's videos and charts.

The gold miners’ stocks have mostly been consolidating low this year, exacerbating bearish sentiment. Even with gold grinding higher in a solid uptrend and nearing a major upside breakout, the gold stocks just can’t get any love. But that may be about to change,...

The U.S. gold exports to Hong Kong surged in February consuming nearly all of the domestic gold mine supply.  According to the USGS recent Gold Mineral Industry Survey, February gold exports to Hong Kong more than doubled compared to the prior month.  This was an...

Today I want to look at gold and the large gold miners. I’ll consider the relative performance of the two and ask: which is the better investment? Gold miners: maximising risk, while minimising reward

For those that have followed the long-term bond market, you have likely seen many analysts attempting to call the top to the market.  And, many have even tried multiple times.  However, through the years, bonds continued to chug higher and high.

Since the top on 25th of January at 1.365 USD gold has been caught in a confusing sideways consolidation, moving between 1,305 USD and 1,365 USD back and forth. Due to the weak US-Dollar, fears of a trade war, crashing cryptomarkets and a pullback in the general ...

Decades ago, the famous market analyst Joseph Granville stated that "there is more maintained stupidity in this business than probably in any other business in the world," referring to the stock market. He was right, except that the government in Washington is now a...

What drives the gold price? There is no single answer to that question. It is a multiple of factors, all of which vary in their influence depending on an even greater number of factors.

What is Bitcoin? Is it just a payment system, money or investment asset? Nobody knows for sure – it generates enormous definition and classification problems. But it’s understandable, as Bitcoin in a new player in town. However, people also cannot agree on what gold...

Just last week, it appeared that a general rally in commodities was underway. Gold, silver, the base metals and crude oil were all soaring. But now, less than one week later, prices are falling sharply. And why? Blame the HFTs that trade the digital derivative...

One of the main benefits of understanding Elliott Wave analysis is that it places the market into a larger degree objective context from which you can make your major decisions about your investments.

A Member of Congress posed some pointed questions to the Federal Reserve and the U.S. Treasury this week about their activities involving America’s gold reserves, including, apparently, efforts to “drive gold out of the world financial system in favor of the Federal...