Gold Editorials & Commentary

The good news is that gold finally has departed its seemingly inescapable 1240-1280 box. The bad news is that such departure was beleagueredly to the south, price settling out the week yesterday (Friday) at 1212. To be sure, per the above opening panel, gold's...

The Dow Jones hasn’t seen a new all-time high since June 19th.  But as the Dow Jones’ BEV chart below shows, it closed the week in scoring position, only 0.53% away from a new all-time high.  If the bulls are willing, the Dow Jones could see a new all-time high at...

The short week was quite volatile as traders sat on the beach…and the weakness in metals was the standout in my books. Let’s move right into the charts and check the carnage.

Long-term – on major buy signal. Short-term – on sell signals. Gold sector cycle is down. A major consolidation is in progress and now near completion. We are holding some positions for long-term gains.

The gold miners’ stocks have drifted lower over the past month, slumping back to major support.  This weakness has naturally intensified the bearish psychology engulfing this small contrarian sector, traders want nothing to do with it.  Yet summers typically see...

Here are today's videos and charts.

August Gold is struggling to hold above a 1217.50 Hidden Pivot support and would need to pop to at least 1248.30 in the next 3-5 days to get out of jeopardy. Failing that, we might expect the futures to continue down to at least 1194.40 in search of traction.

The London Metal Exchange (LME) and World Gold Council have just confirmed that their new suite of London-based exchange-traded gold and silver futures contracts will begin trading on Monday 10 July. These futures contracts are collectively known as LMEprecious.

A recent Capital Economics (CE) report shines an unforgiving light on Illinois’ ongoing budget woes—and what it finds isn’t pretty. The crisis, which has affected every level of government in the state, is a cautionary tale for not only public spending run amok but...

Over half the world’s population, living in the Eurasian land mass, understands that gold is money. The leaders of the Asian nations also know that this is true as well. The leaders of the security and economic alliance of the Shanghai Cooperation Organisation,...

Gold attracts its fair share of detractors. But the most common objections to gold as money, and as a safe-haven asset within an investment portfolio, are misplaced. Anti-gold myths are ubiquitous.

The biggest frustration to many precious metals investors, is why have the gold and silver prices under-performed the market since 2011?  Actually, for gold it was since 2012.  Even though gold hit a new record high of $1,900 in September 2011, its average annual...

Precious metals are “real assets” and “best defense” against bail-ins and cashless society in the economic crisis which is “on its way”

Contrarians Heading For The Woods After Yellen's "Not In Our Lifetimes" Comment. "Would I say there will never, ever be another financial crisis? You know probably that would be going too far but I do think we're much safer and I hope that it will not be in our...

Gold is one of nature’s finest creations. On the other hand central banks create trillions of fiat currency units – dollars, euros, yen, quataloos, whatever – from nothing and use those currency units for purchases … Apple stock, salaries for a thousand Ph.D....

The King Dollar is mortally wounded. Many notice but the masses seem largely unaware. Since 1971, the Gold Standard has been removed from its anchor position. But since 1973, the Petro-Dollar has taken its place.

The latest gold price action is a near-perfect reflection of the current market fundamentals. Gold has arrived at my $1220 - $1200 conservative investor buy zone.

Yesterday North Korea sent the US a ‘package of gifts’ for Independence Day. Unsurprisingly the successfully tested and launched intercontinental ballistic missile (ICBM) was not well received. US Secretary of State Rex Tillerson called the move a “new escalation of...

The best performing precious metal for the week was silver, with a fall of just 0.51 percent with platinum just behind that. Following wild price swings on heavy volume Monday and Tuesday in a suspected erroneous trade, gold traders and analysts remained bullish for...

The price of gold dropped from $1,241 as of Friday’s close to $1,219 on the close Monday, or -1.8%. The price of silver fell from $16.58 to $16.11, or -2.9%. It is being called a gold and silver “smash” (implication being that one party or a conspiracy is doing the...

Two leading economics professors have warned that the UK housing market is on the brink of a 40% collapse, echoing the early 1990s property crisis.

This past week was an exciting one for U.S. Global Investors. If you haven’t heard, my team and I had the distinct honor of ringing the closing bell at the New York Stock Exchange on Thursday to mark the launch of our latest ETF.

This past week was an...

Today is called a recognition day when it finally becomes apparent that the trading range is ending and you have a massive breakout move. We can still get a backtest to the breakout point which would represent the 2nd area to take a position.

Have you ever been in a discussion about gold, when someone blurts out “we don’t have enough gold to operate a gold standard!” We have a standard retort. “Oh, that’s interesting. Please tell us how much gold you think would be necessary, and how you calculated it...

The fact remains that the natural resource sector is the most volatile sector we can invest in. In your brokerage account, if you see reds and not greens, as you did between January 2016 and August, then make sure you read today's piece thoroughly.

From President Trump taking office, Fed policy tightening to European and UK elections, Brexit rumblings and growing Middle Eastern risks, the first half of 2017 gave witness to a few trends which look set to impact markets in the coming months.

The following S&P500 Index - 90 Year Historical Chart shows the yearly gain or loss from 1929 through 2016. The following upshots (i.e. conclusions) may be drawn from this very illustrative bar chart of Wall Street’s yearly stock performance during this...

There are two possible courses of action for SPX over the near-term: 1) It is already at or near the low of a near-term correction - and will need to make another new high between 2480-2500 before starting an intermediate correction, or 2) the intermediate...

The latest Commitment of Traders (COT) report showed a third straight week of speculative long selling in gold despite an actual rise in price during the week, which is a bit unusual. The addition of new shorts also helped take the net speculative long position in...

Another month in 2017 has come and gone. And, I have to say that June was for the most part pretty quiet compared to what the stock market saw earlier in the year. In June we saw seven new BEV Zeros (new all-time highs) in the Bear’s Eye View chart below. But for...