Gold Editorials & Commentary

Not nice, Mr. Powell! Gold prices fell more than 1 percent after your comments as the Federal Reserve’s new chairman. What did you say – and what are the implications for the precious metals market?

The Federal Reserve is now hacking its own zombie recovery to death and eating it by reversing the actions it employed to create this artificially supported recovery. Each time the Fed unwinds its balance sheet, 10-year bond rates recoil, and the stock market dances...

Dear Friend of GATA and Gold: Oh, for a journalist who would put a few serious questions to Franco-Nevada Chairman Pierre Lassonde, former chairman of the World Gold Council, when he says, as he told Daniela Cambone of Kitco News this week, that "gold is well-priced...

The bear market for benchmark 10-year Treasury yield is at its end - disruption is coming. Numerous indicators corroborate: we are in the midst of an economic transition. Will the Powell Fed quickly evolve into a strong counter-balance to the powerful economic...

Annual Review 2017 has just been released by the World Gold Council (WGC) and it’s annual report on the gold market and the outlook for gold prices is fact based, comprehensive and well worth a read – especially the section ‘Market Outlook for 2018’.

In the third Goldnomics podcast, we consider whether the gold price will reach $10,000 per ounce in the coming years and what factors will drive prices?

After rising together through 2012, the past five years have seen a massive divergence between the total amount of accumulated U.S. government debt and the price of COMEX gold. When, if ever, will we see this correlation reappear?

10%. That’s what February’s flash crash shaved off of the major US equity indexes. And now Gerome Powell, the Fed’s incoming chairman, is saying that he’s fine with inflation exceeding the target rate of 2%. Put another way, he’s promising that monetary policy will...

I’m going to use this long term weekly chart for the HUI as a proxy for the other PM stock indexes. This chart also shows you why I’ve remained very cautious on any PM stock rally.

For the past fifteen months or so, gold has repeatedly been turned back by immense technical resistance in the $1370 area.

The Chinese Gold & Silver Exchange Society (CGSE), Hong Kong’s gold exchange, is in talks with Singapore, Myanmar and Dubai to establish a gold commodity corridor to promote yuan-denominated products under China’s Belt and Road Initiative, according to its...

There are a group of bankers based in three cities, not Wall St., but Toronto, Vancouver, and Denver that you probably never heard of. Surprisingly they are gold stocks. They are royalty & streaming companies, otherwise known as the Three Kings (Franco-Nevada,...

Bullion investors buy gold and silver as a matter of self-reliance. Physical metals aren’t dependent upon the promises of financial institutions, governments, or other third parties.

The best performing metal this week was palladium, up 0.11 percent as hedge funds boosted their net bullish in the metal. Gold traders are split between bullish and bearish on the yellow metal after the U.S. dollar rose this week. In the prior week traders were...

The following is an excerpt from this week’s edition of Notes From the Rabbit Hole, NFTRH 488. For NFTRH bonds are not just an asset class ‘throw-in’ but instead are a key indicator set to the entire modern macro. Insofar as it may be time to use them for portfolio...

Analysts disagree about which indicator is best for calling market tops, but the easiest to understand — and the most tragic — is probably margin debt.

For a market analyst there is an irresistible temptation to seek out one or more historical parallels to the current situation. The idea is that clues about what’s going to happen in the future can be found by looking at what happened following similar price action...

The rally into early Monday, February 26, 2018 is no surprise to me. The charts below were written over the weekend suggesting follow through buying into early Monday at or above SPX 2754 and then a sudden fast reversal down below the 2532 area.

At the beginning of last week Bank of England Governor Mark Carney claimed bitcoin was not a currency on the grounds that it is neither a medium of exchange or a store of value.

We have been promising to get back to the topic of capital destruction, which we put on hiatus for the last several weeks to make our case that the interest rate remains in a falling trend. Today, we have a different way of looking at capital destruction.

SPX may be close to ending its correction and resuming its rally from the 2540 low. It will first need to face a hurdle caused by some minor cycles bottoming next week and in March. A move back below 2700 would most likely extend the correction.

Over the past few months, our research team has nailed many of the recent moves in the Metals market thanks to our advanced price modeling systems and detailed research.  Recently, we’ve been watching a setup play out in Gold that has excited us. 

Let's start with this "Think Quick!" hit: Gold's price direction always moves opposite to that of the Dollar. If you said "Wrong!" you're right. But you might be surprised just how often they actually move in the same direction: for the 206 months (including this...

Whenever I write a new article on the stock market, I usually try to highlight just how ridiculous much of the commentary about the market truly is. My ultimate goal is to force you to think on your own and adopt a more intellectually honest perspective of financial...

Mainstream economics uses a fairly simple equation when it comes to public policy: More government spending equals more growth, which is just about always a good thing.

Back in January, I discussed the likelihood that global equity markets were approaching simultaneous tipping points beyond which legions upon legions of GenX-ers and Millennials would be thrown to the wolves by failing to recognize the financial mania engulfing them...

Our proprietary cycle indicator is down. Gold sector is on major buy signal since early 2016. Long-term – on major buy signal. Short-term – on sell signals, a pullback is in progress. Gold sector cycle is down.

All great events hang by a hair. The man of ability takes advantage of everything and neglects nothing that can give him a chance of success; whilst the less able man sometimes loses everything by neglecting a single one of those chances.

As a general rule, the most successful man in life is the man who has the best information. The global economy is booming again after years in the doldrums, commodities are back in a big way, and metals prices are for the most part, way up.

Here are today's videos and charts.