Gold Editorials & Commentary

If you own gold or plan to buy gold, this information affects you. Other ideal times to buy gold were after the 9-11 disaster, during the stock market crash in October and November 2008, the December 2015 multi-year low in gold prices, and early 2017.

US gold bullion exports to Asia started off with a bang in 2017, as the majority of the total shipped in January went to Hong Kong.  Not only did the U.S. export most of its gold bullion to Hong Kong, it was the highest monthly amount in quite some time.

With the bull market on Wall Street entering its ninth year, questions about how much longer the second longest running bull has yet to run are beginning to swirl, writes Gary Dorsch at Global Money Trends.

The best performing precious metal for the week was pretty much a tie between gold, platinum and palladium with roughly a 0.50 percent gain.  Following the launch of a U.S. missile strike on Syria this week, gold rallied to its highest level in nearly five months,...

Friday’s, April 7th 2017, poor jobs report was really nothing new. It released yet another terrible job report showing that only 98K new jobs were created in March of 2017. Wall Street expected 180K new jobs.  It continues to be a very disappointing and dismal fact...

There is no sign that the correction which started on 3/01 is over.  On the contrary, by Friday’s close, the index looked on the verge of continuing the decline from the secondary high of 4/05.  The most objective forecast projects a continuation of the downtrend...

The latest Commitment of Traders (COT) report showed another increase in speculative long positions as speculators continued to load up on gold and silver. Investors need to remember that the recent COT report closed on Tuesday, which was before the major event of...

In Britain in the old days there was a saying, which was “buy on a strike” which had nothing to do with economics and everything to do with psychology. When a general strike by workers was declared, stock prices would have fallen up to the point at which the strike...

If I were to choose one word to describe the current market, it would have to be tedious.  The Dow Jones is no longer going up, but as we see in its BEV chart below, it’s really not going down either.

We believe markets are lining up for a major top later in 2017, possibly in the August to October time period. There are several patterns we are watching that lead us to this conclusion. First let’s take a look at our first chart, a Rising Bearish Wedge termination...

Stocks just chopped around this past week as they remain in their ranges for now. Glimpses of weakness were followed by glimpses of strength…and then we’d rinse and repeat as the week wore on.

As there seems to be a lot of interest in some of the currencies I would like to show you some charts we’ve been following for a very long time. Most of the charts will be long-term in nature which won’t do us much good in the short-term, but they will keep us in...

First, let me say that a new high by gold in week 16 of this current Intermediate Cycle is an extremely positive development as we now have a setup which should ensure that gold has a Right Translated cycle that makes a higher Intermediate Low than the December 2016...

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.

Gold performed really well in the first quarter of 2017. As the chart below shows, the rally started at the end of December 2016. The yellow metal bottomed at $1,125.7 on December 20, just a few days after the FOMC meeting and the second interest rate hike for...

The gold-mining stocks’ usual volatility has proven outsized so far this year, spooking investors.  A fast initial surge in a new upleg was soon fully reversed by a sharp major correction, which spawned much bearish sentiment.  That combined with the great...

Scattered recent analysis has centered upon the Gold Standard and its viability within the global financial system. The topic is certainly very blurred and at times confusing. Consider a recent article by a competent analyst Charles Hugh Smith of the site OfTwoMinds...

Gold and silver prices spiked sharply higher today, as investors piled into the safe haven asset in the wake of U.S. bombing of Syria. Gold and silver bullion rose more than 1% and oil prices rose 1.4% after the bombings.

As the debate rages on and on and on concerning the global economic expansion (US)/Recovery (Eurozone)/Ponzi (China/U.K.), I am beginning to feel like a tennis ball in the heated heart of the 1981 McEnroe/Borg Wimbledon final being batted back and forth over the...

This article identifies the headwinds faced by the EU in the wake of Brexit. Without the UK, not only does the EU lose much of its importance on the world stage, but the Commission’s budget is left with an enormous hole. That is the decline. 

Schroders is one of the leading investment managers in the world. It is a global asset management company, founded in 1804 and based in the UK. The company employs over 4,100 people worldwide across 37 offices in 27 different countries around Europe, America, Asia,...

In case you haven’t already noticed, inflation has been steadily creeping up since July. In February, the most recent month of available data, consumer prices advanced at their fastest pace in five years, hitting 2.7 percent year-over-year. March data won’t be...

The current bull market celebrated its eighth birthday on March 9. At 96-months long, it’s now the second longest in history. However, with the S&P 500 set to have its worst monthly performance in over a year and the DJIA down six days in a row, questions have...

Financially prudent individuals set aside surplus funds to protect against unforeseen expenditures. This way, when faced with loss of income, house repairs, car trouble, or anything else, they will have a buffer against unanticipated downturns.

What is counter-party risk? And how many people really are aware of the consequences of systemic counter-party risk? Counterparty risk also know as default risk is the risk to each party of a contract that the counterparty will not live up to its contractual...

The Fed's public relations department has to be working overtime altering, amending and otherwise explaining its new stance[s] on monetary policy. While disinflation and the possibility of deflation occupied market sensibilities, the Fed pointed to its target...

Heraeus, the family owned German global technology and precious metals refining company has announced that it is to buy one of Switzerland’s largest gold and silver refineries, Argor-Heraeus.

This time is different. Stocks will always go up. And pigs can fly. Given that pigs are highly intelligent, don’t bet against them. That said, investors might want to take at least the first two statements with a grain of salt.

The spectacular price action of gold within what I’ve dubbed the “Uptrend of Champions” continues to be impressive.  I’ve suggested that the rally is poised to accelerate, and that’s clearly in play.

Gold was higher in yesterday’s day session and again in the overnight session as we reached a high of 1263.30, at the time that this post was being written. We have now exceeded our wave ^i^ high of 1261.00, and if all of wave ^i^ ended at that high then it now...