Gold Editorials & Commentary

Debt overwhelms most people in debt based fiat currency economies (US, UK, Europe, and others). Credit cards, auto loans, student loans, mortgages, and more …

Everything is rosy, or is it? The Dow is flirting with 18,000 again but stocks are overvalued. Positive economic news is not so positive because it means that the Fed will push up rates. Bad news is just bad news.

We would like to update some of the charts on the possible inflection point we looked at about three weeks or so ago. That possible inflection point is still gaining momentum to the downside as the deflationary environment still looks good to go. No market goes...

Today, the World Gold Council published a new edition of its quarterly report on gold demand. What does Gold Demand Trends Q3 2015 say about the demand for gold in the third quarter of 2015?

Gold Demand Trends Q3 2015 was released by the World Gold Council today. The quarterly publication is the leading industry resource for data and opinion on global gold demand and examines demand trends by sector as well as geography.

We are often told that the global economy is strong… that fears of a contraction are overblown… that China is still an engine for economic growth… and that the US has detached from the turbulence in the Emerging Market space.

Gold fell heavily last week as forecast. Our long awaited fall to lower lows seems finally to be underway. Contrary to most opinion this fall is not a case of manipulation by dark forces, but is simply a resumption of a long term trend we have been modelling for...

If there is an interest rate hike in December, it will likely be only a 25 basis point rise. Why should gold investors take care of such a baby step?

Many people agree that it’s important to move to a free market in money (i.e. the gold standard). They also say that it’s just as important to fight bad taxes and regulation. In their view, government interference in the economy is like friction in a car. The more...

Two weeks ago I changed my mind and warned of an immediate sell off in Gold and precious metals. Three days later Gold quickly touched $1,182 only to tumble down after the FED statement. Luckily, my recommendation to sell short any strength towards $1,175-$1,180 has...

Today we turn our attention to the precious metal that once brought joy and riches to its owners, but now seems to bring nothing but despair and disappointment. I’m talking, of course, about gold.

For the last 4 years, we have heard most analysts and pundits call the end to the metals correction, only to see the market head lower. And, many of them have done so many times. However, if the market takes a direct route to the lower levels we have been...

Hugo Salinas Price is a Mexican citizen, born in the USA of an American mother and a Mexican father. He is 83 years of age. Married for 60 years to a Mexican wife; they have 18 grandchildren. He studied at three universities: Wharton Business School, Monterrey Tec (...

Gold remained range bound in the overnight session, as we traded within the high and low that was made in yesterday’s day and overnight session. We need gold to start moving higher if wave -ii- actually ended last Friday at the 1184.50 low.

In the short-term, gold and related items have a rough general tendency to decline into the US jobs report…and then to rally in the days (and weeks in some cases) following the release of that report.

Gold ticked up after an eight-day losing streak on Monday, but languished near its lowest in three months as surging US nonfarm payrolls boosted expectations of a December rate hike in the US.

The Silly Season – the Elect a President Cycle – is upon us. We pretend the candidates matter and care about the American public and their values, we pretend the election is important, and we forget that the outcome is heavily influenced and/or controlled by Wall...

It has been a rough few weeks for gold investors, as the price has experienced a waterfall decline of over $100. First, the price dropped through key support at both the 200-day and 100-day moving averages. Then it proceeded to violate the uptrend (green line) that...

That’s where it appears we are now, the final drive to the bottom. Rambus’ weekend charts still show how bearish the PM charts are and it will take a lot of work to turn them around and get them pointed back up, Having said that I see the initial components we...

One of America’s largest companies is preparing for problems in the banking and financial system and another financial crisis. Online retail giant Overstock.com (OSTK), publicly stated that the company has stockpiled gold and silver coins in preparation for another...

The price of gold dropped abruptly Friday morning (Arizona time). How much of a drop? $10.30, as measured by the bid on the December future. How abruptly? That move happened in under a second.

This Friday's employment report could be a key piece of data for the gold market. Why?

By most standards, October was an explosive month, with domestic equities recording their biggest monthly gains in four years. But the most exciting news was that the global purchasing managers’ index (PMI) reading for the month of October rocketed up to 51.4,...

Awareness of the presence of manipulation in almost all markets is improving; it is the exception among markets not to find frequent complaints about evidence that the market is behaving in a strange and counter-intuitive manner.

China’s central bank likely added another 14 tonnes of gold to its reserves in October as the People’s Bank of China (PBOC) continues to allocate to gold bullion as part of a plan to diversify its massive $3.53 trillion in foreign-exchange reserves and position the...

In our previous article covering the long-term gold forecast, we made the case that the breakout in gold from the 1980 - 2009 consolidation below $850/ounce represents an extremely rare and powerful pattern in the commodity markets, a move that is likely to lead to...

The predictions made in the recent past for the dollar to rally and gold and silver to drop have proven to be correct. Gold has now dropped for 8 days in a row as we can see on its 3-month chart below, which common sense dictates is increasing the chances of a...

A week ago, it looked as if SPX was ready for a minor correction. This took place this past week with the index dropping 33 points. It is not clear if the correction is over or if, with Friday’s bounce, the index is preparing for another phase of the decline to...

I know that after four years of bear market, at this point everyone has basically given up on gold and left it for dead. But I can say with 100% certainty that every bear market eventually ends, just like every bull market eventually ends.

The Bureau of Labor Statistics presented the latest deceitful employment report Friday, November 6th. They reported that the unemployment rate was 5 percent in October. Of course there are 98 million Americans capable of working, but not working, who were not...