Gold Editorials & Commentary

Price and volume action in gold in recent weeks has been very bullish indeed, as it moves towards completion of its giant 4-year long Head-and-Shoulders base pattern. We can see this to advantage on gold’s 10-year chart shown below. The volume pattern and volume...

For the fervent follower of gold, to say 'tis been "superb" year-to-date may seem at first blush an excessively exaggerative stretch, given the above panel's showing us that price is but one point above where 'twas at this time a year ago -- and to just be in sync...

The graphic card in my computer committed suicide Monday evening this past week, and I didn’t get it back until Thursday evening. So this article may be a bit short of text and graphic than are my usual outputs. I think I’ll use this as an excuse to focus on gold...

This week was the first week of the rest of your life, as well as the mark of the resumption of the secular bull market in gold. Things are really shaping up nicely in the precious metals arena. Gold broke a major trend-line and closed the month with a breakout on...

Long-term – on major buy signal. Short-term – on buy signals. Gold sector cycle is up. COT data favors overall higher gold prices. We are holding gold related ETFs for long-term gain.

While the perennial skeptics popped their heads out earlier in the week to again profess their disbelief in gold’s performance, supportive macro conditions behind the nascent and discreet bull market in precious metals continue to advance.

All four precious metals have made gains in the month of August. Whilst platinum and palladium’s leading performances can largely be attributed to industrial factors they have also benefited from the safe haven demand which is driving gold and silver prices.

The long-term economic oscillations between boom and bust are caused by changes in the money-supply growth rate. It can therefore make sense to monitor such changes, but doing so requires knowing how to calculate the money supply. Unfortunately, most of the popular...

It has been proven repeatedly by various market experts that stock market cycles exist. Whether you believe in them or not that is up to you, but as a technical trader myself I see price action repeat on virtually all time frames from the intraday charts, to daily,...

This week gold broke through the key resistance of $1,300. For some time market commentators have been signalling this level as the point of entry for a new bull market. Often price can be distracting when it comes to trying to figure out what is going on. Two...

The US Dollar collapse has already triggered a major move in inflation plays. To whit, gold has broken its SEVEN-YEAR downtrend.

At least in the short term anyway? Remember, that based on my USD update from yesterday, I am still looking for a 5-6 month Intermediate Cycle Low (ICL) in the USD.  The Dollar has rallied hard off yesterday’s low and as you would expect, the EURO is showing signs...

Harvey made landfall as a Category 4 Hurricane on August 25. The wind and flooding caused massive destruction. The news mentioned one hundred billion dollars as a preliminary estimate of the damage.

A new monetary standard which will see the dollar “reboot” and gold be revalued to $10,000/oz according to best-selling author and Pentagon insider Jim Rickards.

After falling 26% from the July 8th high the XIV has seen a retrace and is now trading 15% up off the August 8th low. The smaller degree wave structure of the move up off that low has been very sloppy and has already provided quite a few twists and turns.

With a sharp lurch higher, December Gold has broken above the 1301.20 resistance I’d flagged as crucial to the intermediate-to-long-term outlook.  The rally is encouraging, but we should remain cautious for two reasons.

The price of gold dropped two bucks, and silver two cents. However, it was a pretty wild ride around the time when some information came out from our monetary masters at their annual boondoggle at Jackson Hole. We will show some charts of Friday's intraday action...

SPDR fund tonnage (GLD-NYSE) has recaptured the 800 ton mark, and rose to 814 yesterday.  This is happening as a steady wave of institutional money managers embrace gold as an important portfolio component. 

Gold’s naysayers and doubters came out in full force earlier this summer as sentiment reached its nadir. The mid-year pullback in prices did, too. There can be no doubt about it now – gold has broken out of its summer doldrums. On Monday, the yellow metal finally...

This morning the price of gold has rallied to its highest point since the Trump’s election. North Korea’s firing of a missile over Northern Japan, which landed in waters off Hokkaido in the Pacific, has sharply escalated tensions in the Korean peninsula and in Asia...

For most of the past eight weeks, the financial media have been attempting to tilt the scales of conversation away from the weak macro backdrop in favor of the new initiative on Afghanistan and/or the Trump White House and/or domestic and international terror.

Below is a short-term daily chart for GLD which shows it breaking out above the top rail of the blue expanding triangle today.

Here in San Antonio, grocery stores were packed with families stocking up on water and canned food in preparation for Hurricane Harvey, which has devastated Houston and coastal Texas towns. I hope everyone who lives in its path took the necessary precautions to stay...

The best performing precious metal for the week was gold, closely followed by silver, up in tandem 0.56 percent and 0.47 percent, respectively, after a see-saw week in price action for the metals.  Prices have been choppy over the last seven trading sessions but...

While everyone continues to focus on stocks, a much larger, far more important situation is brewing in the single most important asset class in the world. That situation involves the US Dollar ($USD).

We have noticed a proliferation of pundits, newsletter hawkers, and even mainstream market analysts focusing on one aspect of the bitcoin market. Big money, institutional money, public markets money, is soon to flood into bitcoin. Or so they say.

The dollar is on course to lose its reserve currency status. This is not something that will happen overnight, it will be a process, but at some point there is likely to be a “sea change” in perception, as the world grasps that this is what is happening, which will...

– Gold set to shine as Washington stumbles. – “Bet on gold’s diversifying properties rather than political stability” – World’s largest asset manager believes Trump and political drama in the US means gold likely to rise.

Expectations are that the rally from 2417 has a little more to go, possibly to 2479, before the secondary (intermediate) trend resumes.

The latest Commitment of Traders (COT) report showed another rise in speculative longs for the sixth straight week and a decline in speculative shorts for the fifth straight week. Gold has been continuing a streak where it has been drawing the speculative bulls in...