Gold Editorials & Commentary

Topping and declining cycles are putting pressure on the major indexes, some of which are already seriously challenging an important trend line from the February low. If that trend line fails, sellers should appear and drive prices lower. How low is the question...

This year’s recovery in precious metals prices – and the sudden spike in gold/silver mining stocks – convinced a lot of people that a new bull market had begun. Last week’s brutal smack-down scared the hell out of many of the same folks.

Purple Alert...Purple Alert... Gold price plunges for its worst percentage weekly loss since last November... Nobody knows why... Nothing has changed... Stayed tuned to this missive for further information...

Gold speculator and large futures traders sharply cut into their gold bullish positions last week and pushed the overall net bullish level to the lowest point since June, according to the latest Commitment of Traders (COT) data released by the Commodity Futures...

This will be a bit different article because we are not reporting on something that has already happened; we’re dealing with something that is ongoing and developing. Graham will handle roughly the first half of the article, then Andy will handle the second. Please...

Last week I attended the Denver Gold Forum along with three other U.S. Global Investors representatives, including our resident precious metals expert Ralph Aldis.
I was happy to see sentiment for gold way up compared to last year’s convention, as was turnout. I was...

What we see this weekend is that safe haven assets, US Bonds and precious metals, are about to rally, and risk assets, stocks, are about to decline. I am not sure how much longer this stock market can hold up with the help of Fed intervention to elect their self...

I’m not surprised: The week following my article illustrating why I believed the gold and silver miners are “historic buys at today’s prices”; gold, silver and their miners get whacked to their lows of the current, so far eight week correction.

The US economy may be approaching its 28th consecutive quarter of growth from the end of the 2008-2009 recession, but all is not as it seems. Shadow Stats www.shadowstats.com shows that, because of changes to the way GDP is calculated dating back to the 1980s, the...

Gold sector is on a major buy signal. Cycle is down. Our modest positions were stopped out with small losses. Silver is on a long-term buy signal. Short-term is on sell signal. Silver is more volatile than gold, manage your risk.

Technical Analysis of The Markets Via Videos.

Currently economists and market watchers roughly fall into two camps: Those who believe that the Federal Reserve must begin raising interest rates now so that it will have enough rate cutting firepower to fight the next recession, and those who believe that raising...

Gold, silver and their miners’ stocks plummeted out of the blue this week, shattering their bull-market uptrends. Gold-futures speculators had been holding excessive long positions for months, weathering all kinds of selling catalysts. But once gold slipped...

Sterling gold surged 5% in less than a minute overnight in Asia with prices rising from £994/oz to £1,043.40/oz as sterling had a massive “flash crash.” Sterling plummeted in the second biggest fall in its history – only slightly less than the collapse after the...

The HUI is coming unglued on the charts with the index falling below long-term chart support at the 200-day moving average in today’s session. It had not been below that key technical indicator since early February of this year.

Let's cut to the chase: we do not think the drop in gold earlier this week marks the end of this bull market. Why did gold drop? First, I think it's fair to say that, technically, gold was looking increasingly vulnerable over the past several weeks. Many new-time...

Are you a millionaire yet? Me neither. We might have been by now, had we better understood the finer points of “fear” and “greed” during our investing lives.

We do not often find ourselves jogging the same track as the redoubtable Dennis Gartman who commands untold premiums for his advice, but now, it seems, he is verifying our suspicion of two days ago (Please see “Gold’s waterfall drop might be associated with the big...

Gold’s largest plunge in 14 months may soon reverse according to gold’s top forecaster in Q3 according to Bloomberg:

Today’s moderate weakness put the futures on course for a further decline to as low as 1216.50 over the next 2-4 days. However, using a more conservative ABC pattern (see inset) yields the possibility of a less painful outcome in the form of a bullish reversal from...

The question confronting investors right now is whether the lateral trading range in the major indices represents consolidation of the long-term uptrend, which precedes an eventual upside breakout from the range? Or does it represent distribution (i.e. selling)...

I would like to start by looking at our current bull market in the HUI. I’m going to try and show you how our current setup is what one would expect in a bull market. A stock or stock market does one of three things. First, it’s building out a reversal pattern that...

We should not be surprised that the long-standing troubles at Deutsche Bank would appear to be coming to a head now. For global financial centers, October is often the cruelest month – a time when stock markets and whole economies have been known to go bump in the...

The bearish abc pattern shown is the one we should be looking at now, since it’s got it all, Hidden Pivot-wise. The p2 secondary pivot at 2110.88 would ordinarily serve as a minimum downside objective for the near term, but my strong gut feeling is that the futures...

Some analysts who are usually astute and show a good understanding of economics seem to put on blinders before looking at China. It’s as if, when considering China’s prospects, they forget everything they know about economics and refuse to see beyond the superficial...

As the Financial Circus continues today, pushing down the precious metals prices, millions of Americans are going to get wiped out when the collapse of U.S. net worth begins in earnest. Anyone with a tad bit of common sense realizes these financial markets today...

“Gold rebounded after the biggest drop in more than a year as investors reminded themselves of a world that’s beset by risk, from the prospect of further currency weakness to the final stretch of the US presidential election,” according to Bloomberg today.

Gold continued to move sideways in yesterday’s day session and in the overnight session. Since then, the market has softened a bit. Generally, we continue to work on the assumption that this market has completed our condensed wave .iv. Triangle, and that we are now...

This past week, I have been sent several “stories” that the dollar is going to absolutely “crash” on September 30th, which will supposedly cause metals to rally to the moon and beyond. And, as I have noted in my Trading Room oh so often, we have had so many such “...

The end of the previous week was rich in signals as gold, silver and mining stocks all reversed along with the USD Index. Gold closed the week below the rising support line. Consequently, the implications should not be ignored…even by those who usually focus on...