Gold Editorials & Commentary

After surging towards $1300, gold is taking a well-deserved short- term rest.  Can the rally continue? Geopolitics news has gotten most of the credit for this rally, but Indian dealers have been buying huge amounts of gold in preparation for the April 28 wedding...

Western economies are “recovering”. How do we know this? We are told this, over and over and over again by our governments. Then this assertion is repeated thousands of times more by the dutiful parrots of the corporate media.

There still seems to be some doubt in many investors’ minds on how much gold there is in the world.  I continue to receive emails from individuals who read articles stating that the amount of gold in the world is much greater than the official estimate.  Recently, I...

President Donald Trump sent currency markets into a tizzy late Wednesday when he signaled his preference for a weaker dollar. “I think our dollar is getting too strong, and partially that’s my fault because people have confidence in me,” Trump told the Wall Street...

Gold and silver went up as the dollar went down, +$33 and +0.53 -64mg gold and -.05g silver. The prices of the metals in dollar terms are readily available, and the price of the dollar in terms of honest money can be easily calculated. The point of this Report is to...

As if you need more proof that inflation is finally starting to pick up, lumber prices rose to a 12-year high last week, supported mainly by expectations that steep duties will soon be levied on cheap softwood imports from Canada. Lumber futures rose to nearly $415...

No one familiar with financial market history would deny the fact that gold and the US dollar are negatively correlated, meaning that they normally move in opposite directions. Due to the close relationship between stocks and the dollar, gold typically finds itself...

The best performing precious metal for the holiday-shortened week was silver, up 3.01 percent, followed by gold, up 2.66 percent as geopolitical risks surrounding Syria and North Korea sparked demand for haven assets. Gold settled above its 200-day average for the...

Truth is a rare commodity on Wall Street. You have to sift through tons of dirt to find the golden ore. For example, main stream analysis of the Fed's current monetary policy claims that it will be able to normalize interest rates with impunity. That assertion could...

The economy is now in VERY serious trouble. The Fed’s own GDP models now show 1Q17 growth tracking at just 0.5%. This is DOWN from an original forecast of 3.2% in February. Put another way, the economy has begun contracting at a RAPID pace.

June Gold ended the week consolidating for a likely push to a minor rally target at 1303.00. An equally compelling pattern of somewhat larger degree targets 1305.70, so you should be prepared for stall at one number or the other. As always, if a Hidden Pivot as...

We entered into a Mercury Retrograde period on April 9, which I have said before is like trading in the Bermuda Triangle, difficult at best! Typically, this usually portends a turn in the precious metals market within about 2-4 trading days. As far as the stock...

It is not uncommon for many people to get a little, ok VERY, excited when word of a television show focusing on their industry surfaces. In my case, the industry is investment markets and the show is ’Billions’. I can remember just over a year ago being out with...

After adhering to the scenario projected in the last letter, SPX may be ready to reverse course again with a rally in a downtrend which could retrace a minimum of 50% of the decline from 2378 to 2353 before resuming its downtrend.  Should it exceed that level with...

The gold price in 2017 has pushed through resistance levels this past week. It has rallied to its highest level since November 2016. But will gold prices sustain their newfound heights?

"Thank you, Mr. President." And as for last week's 180° out-of-phase missive entitled "We See Gold Working Lower Near-Term", we need only cue the 1966 Bob Hope classic "Boy, Did I Get A Wrong Number!" For as the above panel shows, gold soared off the surface from...

Thinking about the 105th anniversary of the sinking Titanic, the Titanic-sized debt in the world, and the role of central bankers… The RMS Titanic departed Southampton, England at noon on April 10, 1912 and struck an iceberg in the North Atlantic just before...

In Part I I explained the counter-party risk that is all around us - and will come to the fore in the next financial crisis. In this second part I reflect on the rescue operations of the Fed following the 2008/2009 recession and the following QEs and ZIRP policies...

After a long wait, our President has finally presented his budget blueprint “to make America great again”. Let’s analyze its possible impact on the gold market. First, we need to praise a 1.2 percent cut in discretionary spending, on balance. In particular, Trump...

The get-no-respect gold-stock sector is in a strong young bull market. Past gold-stock bulls have grown to utterly-massive proportions before giving up their ghosts, greatly multiplying the wealth of contrarian investors and speculators. Today’s gold-stock bull is...

Precious metals and miners made the right choice and moved higher this past week strongly. That’s about the only sector doing well right now as we’re seeing missiles volleyed, Russian relations cooling and the mother of all non-nuclear bombs being thrown around.

Over the last year we transitioned from the stock market angst of 2015 to the bullish breakout of 2016.  For NFTRH, the real proof in the pudding was the ramp up in the cyclical Semiconductor sector’s Equipment sub-segment (Applied Materials, Lam Research and the...

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.

Currently, the short-term trend for the SPX is NEUTRAL. The intermediate and long term trends are still very BULLISH!  There is No trend, in the market, at this time. It is neither overbought nor oversold.

Digital gold seems to be springing up and finding some legs all across the planet. We first reported on digital gold with James Turk almost two years ago when Mr. Turk first introduced GoldMoney. As of today there are two new players on the scene with slightly...

Since 2007, I have been actively involved in the resource sector. This year will mark a full decade, and I've been able to make a small fortune for myself, close friends and family. Between 2008 and 2011, I was invested in the bull market that saw companies go from...

The United States is the world’s largest and most diversified economy! It is currently suffering through a protracted period of slow growth which has held down job creation and labor market participation.  The Pew Research Center reported, in late 2015, that a mere...

Geopolitical tensions have lit a fire under gold and silver prices. A confluence of factors has finally pushed gold and silver above key technical resistance levels. Gold hit a 5-month high, rising over $20 (1.5%) to $1,275. It is the highest print for the gold...

Gold prices surged another 2% to a five-month high above $1,270 amidst geopolitical uncertainty and weak US economic data. The break above the 200-day moving average has cleared the way for a run towards $1,300/oz. It means that gold continues to be one of the best...

Crisis averted—for now. Last week President Donald Trump met for the first time with Chinese President Xi Jinping at his luxury Palm Beach estate Mar-a-Lago, where the two leaders discussed North Korea and trade, among other topics.