Gold Editorials & Commentary

Well!  The market finally gave us the action which the main wave count had called for. That is an impulsive decline in a possible wave '3' grey and a break of that important support line at 1.2865.

Long-term – on major buy signal. Short-term – on buy signals. Gold sector cycle is down. A major consolidation is in progress. We are holding some positions for long-term gains.

I have always considered sales of modern gold and silver bullion coins a bellwether on the general health of the global precious metals market. In reality, though, bullion coin sales comprise only a very small portion of the physical gold and silver markets.

For weeks I’ve been noting that stocks are being driven by a market rig. By way of review, that rig is as follows: 1) Someone slams the VIX lower. 2) This forces risk-parity funds to buy stocks, usually the FANGs or large-cap Tech names (Facebook, Apple, Netflix,...

While the low paper gold and silver prices continue to frustrate some investors, I can tell you that my SRSrocco Report Google Analytics data suggests more of the public is waking up to PRECIOUS METALS INVESTMENT.

It all started pretty harmlessly: in December 2016, after about 12 months of deliberations, the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and the World Gold Council announced a new “Shari’ah Standard on Gold.”

Global markets have steadily been adding renewables such as wind and solar to their energy mix for several years now, but according to a handful of new reports, 2016 might have been the tipping point. Not only did the world add a record level of renewable energy...

Recent news regarding Moody's credit downgrades in China will likely continue to roil the global markets and present multiple unique opportunities for strategic investors. As debt concerns grow throughout some areas of Asia and new US policy efforts shake up some...

The cycle for any commodity follows the same basic patter. When prices are low, production falls. As new supplies diminish, the market tightens and prices move higher. The higher prices incentivize producers to invest in production capacity and increase output....

How the economics of gold and silver can help us understand the challenges facing financial economics and whether we should invest in gold and silver was explored in an inaugural lecture by Professor Brian Lucey, Professor of International Finance and Commodities in...

When we hear commentary on why the gold price has moved, we usually hear of U.S. economic or political factors and a move in the U.S. Dollar. Most times these do not precipitate the buying of physical gold.

As discussed in the James Rickards book “The Road to Ruin” and elsewhere, we know much is currently wrong with our financial world.

There is no doubt that the US dollar looks bad right now after breaking below the bottom rail of its 5 point falling wedge last week. Before I give up totally on the US dollar there is one thing I’m going to look for first. When all else fails I like to go back to...

Today’s action in cable has not offered any more clues to the validity of either wave count shown on the chart. The alternate wave count is just as likely following todays sideways grind. In terms of the action shown in the shaded box, it is possible that is an...

Phoenix, Arizona: Sound money advocates rejoiced yesterday as House Bill 2014 became the law in Arizona. HB 2014, which passed in the Arizona state Senate on May 10th by a margin of 16-13, removes all income taxation of precious metals coins at the state level.

Undermining the Federal Reserve received a major boost yesterday. Arizona Governor Doug Ducey signed into law a bill that eliminates capital gains taxes on gold and silver, thus allowing Arizona residents to use precious metals as currency instead of Federal Reserve...

Buyers were repelled today by the 1263.80 ‘secondary’ pivot shown, failing badly in their attempt to achieve the 1269.80 rally target that had looked so promising at Monday’s close. The chart will likely have something to say about ‘Matt’s rule,’ whereby a stall...

Money manager Adrian Day reviews news from several companies, mostly positive developments, and notes that some stocks are good buys at current levels. 

Much like other commodities, traders have always devoted a certain level of attention towards copper. There are two key reasons for this observation. First, this red metal is highly indicative of industrial demand and therefore, the health of domestic economies.

Industrial metals silver and zinc are leading a commodities charge, while broad indices take a nose dive. The market cap of the NASDAQ has reached a new all-time high of $8.705 trillion recently, which is equal to 45.8% of U.S. GDP. The long-term median NASDAQ...

Well, before we get into other topics such as the Silver Institute's latest report on the silver market and also the article you wrote for us recently on digital currencies, crypto-currencies, and so forth, I first want to have you set the stage here on where we are...

Europe is back on the map. That was one of the main takeaways last week from the SkyBridge Alternatives (SALT) hedge fund conference in Las Vegas, where $3 trillion in assets was represented. Speaker after speaker touted European equities for their attractive...

The appalling attack in Manchester overnight in which over 22 people have been killed has led to a slight uptick in risk aversion in markets. Investors are cautious after police said they were treating a bombing at a concert in the Manchester Arena as a “terrorist...

Last Friday's CoT for the Comex Metals was rather interesting from a historical perspective. Because of this...and because we know that not everyone listened to Friday's podcast...it seemed appropriate to type up this written summary today.

A reasonable definition of a bull market must be practical. This means that it must take into account the fact that what people really want from an investment is an increase in purchasing power, not just an increase in price. Figuring out whether or not an...

The best performing precious metal for the week was silver, climbing 2.36 percent and just beating out gold’s price performance as softer economic data emerged. Gold traders and analysts are split on their outlook for gold, reports Bloomberg, with 12 bearish, three...

The “smart money” is flashing a signal that the US economy and ultimately the financial system, are in serious trouble. CNBC and other media outlets like to focus on stocks because they tend to be more volatile and therefore more exciting. But BONDS are the “smart...

But the most important development this week may be the one you never heard about on the news or the internet. On May 10, gold launched a decisive turnaround from its most recent decline.

There has been a massive confusion in the global industry from the very beginning of the year 2017 as Mr. Trump new administration has put the investor’s community into a dense cloud where they have no précised clue regarding the next movements of the market.

There is a often-promoted plan to grow your wealth. Here’s the background. The dollar is going to be worthless. Soon! The reason is because [their peeps in high places tell them / the Chinese / end of the petrodollar / historical fiat currencies / Rothschild Jekyll...