Gold Editorials & Commentary

As markets go the London Gold Market has to be one of the oldest and most unchallenged markets there is. With its roots in the 17th century it has been through a series of makeovers but for much of the last century the OTC market has hardly changed.

Tonight I would like to look at some gold charts as it has been showing some relative strength since October. We can even go back to February of this year which shows a possible big diamond consolidation pattern building out. Regardless of whatever trading...

A week ago it looked like the US government was destined to end up firmly – maybe even more firmly — in the hands of the banks, public sector unions and defense contractors. Trump was imploding and the markets were basking in the prospect of never-ending liquidity...

Last year saw a record number of mergers and acquisitions (M&As), altogether valued at a monumental $4.78 trillion worldwide. Since then, M&A activity has sharply declined overall, with deals limited mostly to larger, multinational corporations. According to...

I live in Dubai where Diwali has been the focus for many this weekend. With Diwali comes not just fantastic light displays and celebrations but also huge adverts for Hindus to buy gold for their loved ones in India and throughout the world.

It just doesn’t matter much whether Hillary Clinton or Donald Trump wins the election, at least in terms of gold and silver market fundamentals. That said, the contest itself is signaling something important precious metals investors should be watching intently.

There’s a rising tide of discontent sweeping over America, just as it has in Western Europe, most of South America and the Middle East – which shortly, will consume China, Japan, and the rest of the world. In some cases, it’s due to actual, specific crises – as in...

The best performing precious metal for the week was platinum with a price surge of 5.09 percent. On Tuesday, South African news reported that plans are underway to manufacture more forklifts powered by hydrogen for local and international markets. Legislation in...

Here are a few aspects of the current financial situation that I find interesting: 1) The spread between the 10-year T-Note yield and the 2-year T-Note yield is a proxy for the US yield curve. When this yield-spread is widening it implies that the yield curve is...

For gold investors, some days are more awesome than others - and I’ll boldly suggest that today is one of those days. Here’s why: Inflation is no longer near. It’s here. Measured by “stuff used”, China is the world’s largest economy. Producer prices there have...

After dropping to a low of 1271.50 in yesterday’s day session, gold was nicely higher in the overnight session reaching 1286.70, at the time that this post was being written. Yippeee!!!

Friday was one of those days where you walk away from the screen for a minute and come back to find a completely different market. All it took was the FBI finding a trove of new Clinton emails, thus breathing new life into the Trump campaign and throwing what was a...

So here we are, eight days before America picks its poison, with most national polls showing a win for Hillary Clinton. If she pulls it off, she’ll become not only the first woman and first first lady to rise to the country’s highest office but also the first...

Are you worried about a market drop? I’m not, we’ve been preparing for what’s coming for weeks. Why do I think the markets will be dropping? 1) Globally bond yields are spiking. With bond yields rising, earnings yields will follow. The only way for earnings yields...

The air underneath stock prices is indeed getting very thin at these altitudes. According to none other than Goldman Sachs, median stock prices are positioned at the 97th percentile of historic valuations. Other metrics such as Median PE ratios, Market Price to...

Twice this week, the prices of the metals spiked. Once on early Monday due to a cause unclear to us. The second on Friday late morning (Arizona time) due to, get this, additional problems for Democrat Hillary Clinton. The stock market dropped at the same time that...

The next nine days or so will present gold with two major events both of which could impact on the gold price in different ways depending on their particular outcome and they are as follows: 1. Possible interest rate hikes in the US as the FOMC meet. 2. The US...

It now looks like gold’s correction is done and its intermediate base pattern is completing, and if so then we are at an excellent entry point for many better PM stocks, which have been savagely beaten down over the past several months - a necessary correction...

SPX500 continues its rounding top formation and may be in the process of forming a triangle consolidation, which should be followed by a sharp drop into the cycle low.

In our September report, we suggested short-term developments in gold markets often distract investors from more relevant long-term fundamentals, providing attractive entry points for the nimble-footed. On October 4, we believe just such an investment opportunity...

For the precious metals community the ultimate catastrophe would have the US dollar going to "zero". Of course, what is not part of this equation is what happens if industrial commodities rise much faster than the price of gold or silver. This has happened a number...

Once again reality trumps Hollywood: you cannot script this stuff ... well almost not: "Welcome to real life..." --(Spaceballs, MGM, '87) Ah, but first: with just Halloween left in October's trading balance, let's call it a month and bring up the BEGOS Market...

Do you believe that history repeats itself? If you do, then we just might be in for a 658% bull move in gold, to the $7,921 level (give or take a few pennies). That’s the type of bull move we had during the 2001 thru 2011 period (see chart). Will gold repeat that...

A very choppy week for stocks as we continue to get mixed earnings, which means equity markets are all over the pond…giving us no trend at all. I went to cash early in the week, then tried a few small trades only to be stopped out, so I continue to wait.

You have heard it before from us and probably elsewhere: The miners lead Gold. We have seen this every major turn dating back 16 years and it can also be the case with respect to short and medium term trends. While the precious metals sector has rallied over the...

Gold sector is on a major buy signal. Cycle is down, trend is down but that can change very soon. COT data is now favorable for a recovery. Silver is on a long-term buy signal. Short-term is on sell signal. Correction continues but can end soon. Silver is more...

Some economists, including San Francisco Fed President John Williams, have recently suggested raising the FOMC’s 2-percent inflation objective or implementing monetary policy through alternative frameworks, such as price-level or nominal GDP targeting.

I’ve seen a lot of commentary in which the author assumes that this year’s rally in the gold price is the first rally in a new cyclical bull market. It probably is, but at this stage — as the saying goes — the jury is still out. At this stage it’s best to reserve...

As the gold market takes a break in its journey to much higher levels, it is good to step back a bit and understand why gold has appreciated so dramatically in the last 100 years and why this will continue for many years to come.

The gold miners’ stocks have certainly had a wild ride this year. After initially skyrocketing out of deep secular lows into a mighty new bull market, they recently suffered a massive correction climaxing in an extreme plummet. This coincided with gold stocks’...