Gold Editorials & Commentary

A few weeks ago, I wrote an article entitled “Bonds Setting Up To Skyrocket,” and boy did I get a lot of pushback in the comments section. And, when I see so many who are still very bearish of bonds, it tells me that I am likely on the right track with my...

Our research team believes a moderately mild price rotation will unfold over the next 30 to 60 days where the US Stock Market will rotate downward.  Particularly, the $INDU (Dow Jones Industrials) should move lower towards the $23,000 to 24,000 before finding...

Germany has come up with a solution to the deep troubles at one of the world’s largest banks: make it part of an even bigger one. he people who oversee Europe’s financial system had better be ready for the consequences if this doesn’t end well.

The next US central bank announcement is tomorrow, and whatever happens is win-win for gold. If the Fed surprises most analysts and hikes rates, the stock market probably crashes, and gold stocks rally strongly. 

Currency market participants look cautious before tomorrow’s big day of the Fed pronouncements. Looks reasonable but even guarded moves can give telling signs. Of where the action is now and where it’s likely to go next, to paraphrase one famous Canadian ice hockey...

In recent weeks we noted the bullish outlook for the stock market. Friday the S&P 500 as well as ACWX (global equity ETF ex US stocks) closed above resistance and made higher highs.

I sourced the chart below from a blog called The Macro Tourist. I added the title and the two yellow trend lines. The chart shows the daily price of gold since the inception of the bull market in 2000-2001. Last Friday (March 8th) gold popped $12 +/- (depending on...

Some important pieces of the US economic reports, including the latest nonfarm payrolls, have disappointed recently. May indicators (including the leading ones) have hit a soft patch it seems. Will that push the Fed to downgrade its dot-plot or fine-tune the...

The best performing metal this week was palladium, up 2.42 percent, despite speculators cutting their bullish view to a four-month low. Gold traders were bullish this week, after two weeks of being neutral on the outlook for the yellow metal, on the expectation that...

My goal is to make you mad. Not at me (though I expect to ruffle a few feathers with this one). At the evil being wrought in the name of fighting inflation and maximizing employment. And at the aggressive indifference to this evil, exhibited by the capitalists, the...

After gold’s plunge on Thursday, it made a comeback attempt on Friday. But that erased only half of Thursday’s vigorous decline. The situation in silver and gold miners doesn’t provide much ground for optimism either. The silent scream we wrote about in the...

It’s been years since the gold and silver topped out in 2011. We have been waiting for a new bottom form and a new bull market to emerge for nearly 8 years. In this article, I’m going to compare palladium, gold, platinum, and silver and show you which of these...

Sprott/Hempke indicated in their weekly interview of Friday February 22 that since January 30, 2019, when Powell reduced its forecast for rate hikes in 2019, some 34 tons of gold has been withdrawn from the GLD gold ETF whilst with a rising gold price the opposite...

Many investors maintain beliefs about the stock market which often have them looking the wrong way at the market turns. In fact, I can no longer count how many comments I see about how the Fed is what directs our stock market action, and it just makes me scratch my...

This was a constructive week for the Dow Jones, up 1.49% in the BEV chart below.  That doesn’t sound like much; but remember low volatility in the stock market is when the Dow Jones does the thing the bulls like most – advance towards new all-time highs.

One problem for the gold stock sector was highlighted here and here evidently a little too obnoxiously for the liking of some bugs. The problem was the aggressive bullhorn sounds emanating from every orifice of the gold community the minute the charts broke upward...

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

It is my privilege now to welcome back Michael Pento, president and founder of Pento Portfolio Strategies. Michael is well known money manager and a terrific market commentator and author of the book The Coming Bond Market Collapse: How to Survive the Demise of the...

Here are today's videos and charts:

The major gold miners are grinding higher in a solid upleg, fueling growing interest in this small contrarian sector.  They’ve mostly finished reporting their fourth-quarter results, revealing how they are really faring fundamentally.  Collectively the world’s...

Gold has turned vigorously lower yesterday. And not only gold at that. Red, red, everywhere in precious metals you looked. The silent scream we wrote about in the Wednesday’s Alert for our subscribers brought serious repercussions. Immediately and just in time to...

We are often directed to think that the market reacts in the same manner as Newtonian physics. We believe that a news event which accompanies a market move was certainly the “cause” of that market move. But, how often have we seen markets react in the exact opposite...

Last week I was pleased to attend the Prospectors & Developers Association of Canada (PDAC) conference in Toronto. PDAC is one of the largest mining conferences in the world. More than 25,000 people turned out this year, many of them selling equipment services,...

There was a sharp increase in internet shutdowns in 2018. And 2019 started in the same vein with increasing concerns that the tactic may become increasingly popular and used by embattled governments suppressing economic and political freedoms throughout the world....

The monetary, financial and political weaknesses of the EU are about to be exposed by the forthcoming global credit crisis. This article assumes the combination of end of credit cycle dynamics and the rise in trade protectionism in 1929 is a valid precedent for...

Gold is turning vigorously lower. And not only gold at that. Red, red, everywhere in precious metals you look. The silent scream we wrote about yesterday brought serious repercussions. In this article, we devote extraordinary attention to the short-term picture...

Stocks extended their uptrend on Wednesday, as investors' sentiment remained bullish following the recent advances. The S&P 500 index was the highest since the early October yesterday. But will the rally continue despite some short-term technical overbought...

In an article headlined Robots conquered stock markets/Now they’re coming for bonds and currencies, Bloomberg finance reporter Lananh Nguyen tells us: “In the most liquid equity markets, more than 90 percent of trades are executed electronically, according to...

– “Basel III rules (on April 1st) are basically making gold more attractive” as they have a “focus on financial soundness” and more “central banks and banks are going to be buying gold” – The financial expert and former U.S. Assistant Secretary of Housing has long...

James Kunstler summarized it perfectly. So rather than reinventing the wheel, here’s an excerpt from his Monday commentary: