Gold Editorials & Commentary

Worse: Observations Are Now Up To Six. The stock market has generated an official Hindenburg Omen stock market crash warning signal as of May 31st, 2017. While it only takes two observations for an official Hindenburg Omen, this one so far is now up to six...

Fraternize about gold with folks here amongst Monaco's financiers and wealth managers and you'll span pretty much the same spectrum of 180° out-phase-opinions as you'll find elsewhere. A close banker buddy, and better yet a dear family friend for well over a...

While the "CoT-Report" signal improved to neutral we got two new sell signals. One comes from the SPDR Gold trust Holdings. The other one is likely more important and was issued by the US-Dollar who seems to get ready for a bounce/recovery over the coming weeks. A...

The Dow Jones Index continues advancing.  In the past two weeks it’s made five new all-time highs in the BEV chart below and ended the week only 0.62% away from Monday’s last all-time high.  All and all a darn good performance.

From Venice…GDX closes above the 10ema which is a good first step, IMO.

A major consolidation is in progress and now near completion. 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.

It is my great privilege to be joined now by James Rickards. Mr. Rickards is editor of Strategic Intelligence, a monthly newsletter, and Director of the James Rickards Project, an inquiry into the complex dynamics of geopolitics and global capital. He's also the...

Gold has spent most of June grinding lower on balance, damaging sentiment and vexing traders.  Usual selling leading into the Fed’s latest rate hike contributed, but the summer doldrums are also in play.  Gold has typically suffered a seasonal lull this time of year...

We argued many times that the yellow metal behaves as a currency rather than as a commodity. Hence, macroeconomic factors and currency exchange rates affect the price of gold. In previous editions of the Market Overview, we analyzed the impact of the U.S. dollar and...

Bubbles always pop, whether they exist in stocks, gold, confidence in the media, belief in central bank omnipotence, real estate, or debt. Yes, it could happen anywhere, and based on history, is likely. This time is not different, unless it will be worse…

Every time we pick up some article on the stock market of late, all we read is the stock market is on the verge of a devastating wipeout, or that the next collapse is just around the corner. One of the best headlines we saw recently was from a famed market guru with...

In line with our bullish forward view on USD, behold the very bearish state of the Commercial Hedger positions in the Euro (courtesy of Sentimentrader). Recent historical data speaks for itself. It appears a decline in the Euro is imminent (which, in market terms...

To paraphrase Jim Grant, gold’s perceived value in US$ terms is the reciprocal of confidence in the Fed and/or the US economy. Consequently, what I refer to as gold’s true fundamentals are measures of confidence in the Fed and/or the US economy. I’ve been covering...

An asymmetric trade is a situation where investing a relatively small amount of money holds the potential of yielding a profit many times the amount of the original sum at risk. In other words, where the risk to reward is skewed massively in the direction of reward...

Some days it can feel a little rough being a gold investor. In today’s article Dominic Frisby is certainly feeling that way. Sometimes it can be all too easy to get caught up in the day to day chat around prices. Some forget that the reasons why they invested are...

Gold and gold stocks are setting up a basing formation that will eventually resolve into a big move higher or lower.  Sentiment in the gold market is bearish and the media is totally ignoring the gold market right now.  Seasonally gold tends to make a major bottom...

The market has gone absolutely nowhere for 15 weeks now. That is not a typo, nor am I bearing overly negative. Since the end of February, when President Trump last tweeted that he had big plans for the economy, the S&P 500 is up a total of just 1.6% or roughly...

Tonight I would like to update a few ratio combo charts as several are at a crossroad, which may shed some light on where the PM complex may be headed next. A couple of the ratio combo charts worked out extremely well in calling a bottom in January of 2016.

Basel III is a set of international banking regulations developed by the Bank for International Settlements (BIS) to promote stability in the international financial system. The Basel Committee on Banking Supervision (BCBS), which brings together regulators from 28...

This week the festival of all festivals begins, Glastonbury 2017. Ed Sheeran, Foo Fighters and Barry Gibb will each be singing to the 250,000 revellers who are currently on their way to Somerset. To those unfamiliar with Glastonbury it is a glorious few days in the...

Inflation at 2.9% and wage growth lagging behind has meant household consumers in the UK are under intense pressure from rising living costs. The IHS Markit Index and Survey measures how people feel about their current situation. The June reading changed from 43.8...

After the US markets close today, Morgan Stanley will announce whether Chinese stocks get the green light for inclusion in their emerging market index.

Stocks continue to trade at nosebleed valuations. According to Fact Set, the S&P500 is currently trading at a P/E of 21. This is well above its 10-year average of 16.7. And bear in mind, eight of those ten years (from 2010-2017) were when stocks were already...

The stock market is due for a sudden air pocket, likely from Tuesday to Thursday this week. My downside target is 2398 +/-. We are due for the 10 week low from April 13, 2017.  The SPX is making an irregular abc type (y) wave top that is not being confirmed by...

Last month I told you about the upcoming rebalance of the hugely popular VanEck Vectors Junior Gold Miners ETF (GDXJ), and how it would distress shares of junior, small-cap mining stocks. I said then that the rebalance could create some excellent opportunities for...

PIMCO (Pacific Investment Management Company) is the largest American-based, private investment company focused on bonds. As of its last filing, it had over $1.51 trillion in assets under management—that is significant, and the man who founded the company, Bill...

The best performing precious metal for the week was gold, off just 1.02 percent despite a Fed rate hike.  The Fed may not be in a position to continue with multiple rate hikes. Mike McGlone, BI Commodity Strategist, points out the current situation that both crude...

Raise the Inflation Target and Put a Date on It! That’s the direction some high-profile economist and former members on the FOMC want to go. According to these academics, including Narayana Kocherlakota the former president of the Federal Reserve Bank of Minneapolis...

While investors pile into Tech Stocks based on endless promotion from the financial media, the US economy is rolling over. Last week the NY Fed downgraded its economic forecast for 2Q17 to just 1.9%. Even worse, it is now forecasting 2017 total growth to be a measly...

Safe-haven assets always have a place in the financial markets. Investors are constantly on the lookout for ways to shore up their financial portfolios. This is particularly true during times of geopolitical uncertainty, and increasing volatility.