Gold Editorials & Commentary

One of the best interviews we have seen about gold in recent weeks took place last week. It was a Bloomberg interview which involved Peter Hambro being interviewed by Francine Lacqua and Manus Cranny on Bloomberg Television’s “The Pulse.”

One of the current myths promulgated by Wall Street is that the Federal Reserve will raise rates once this year, breathe a sigh of relief, and be done until the "12th of never". But those who are familiar with our central bank's history are aware that the Federal...

Palladium was the best performing precious metal for the week, up 4.08 percent. According to Goldman Sachs, 70 percent of global palladium demand originates from catalytic convertors found in gasoline dependent motor vehicles. Auto demand has been more than robust,...

The original plan for this writing was to point out how volume has dried up from the retail side -- and the machines have taken over. Wall Street has ruined its own "golden egg" by fleecing the public too many times. The little guy has left and for the most part...

New York closed Friday with the gold price at $1,108.40, up $1. This morning gold was trading at $1,108.00 in Asia. In the euro this was 976.60 down €12.99. This morning the dollar index started the day at 95.09 one full point down from 96.09 on Friday.

The Golden Fleece – or 3 Ways to “Get-Rich-Quick” Buy a few congresspersons, or preferably a president, and obtain a “no-bid” contract to provide something to the government at a huge markup. It could be Tamiflu vaccine, security services in Iraq, TSA scanners,...

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

Take a good look at the long-term chart shown and let it liberate your imagination. It’s not difficult to see the force of gravity at work here, pulling the S&Ps toward a trendline that lies 250 points below. Notice how, when the futures swooned last autumn, the...

Consider the sport of betting on the sport of horse racing. It’s actually similar to the analysis of the gold and silver markets. How’s that? First, there is the manic-depressive crowd. Sometimes (as we are told—we don’t hang out at race tracks) the bettors...

I would say without a doubt the most lopsided trade in the world right now is the long dollar trade. Virtually everyone has become convinced that the dollar is going to 110, 120 or even 160. Folks, when everyone is thinking the same thing … then no one is thinking....

Tonight we’ll look at the precious metals complex to see how this game of psychological warfare looks from a Chartology perspective. I know many are disappointed by the short-covering rally at the end of Friday’s trading, but this is how markets work.

Maybe…based on today’s price action in both the metal and in the mining shares ( HUI), but only short-term. The shares were actually a bit more convincing than the actual metal, which is something one would like to see anyway if they are looking to be bullish. The...

Since its sharp decline to 1865, SPX has worked its way into a consolidation which has the appearance of a triangle. If it is in fact a symmetrical triangle, the odds favor a continuation of the selling after pattern completion. This could come as early as...

Investors tend to make 'contrarian' investing choices too early in the cycle. Basically, the price of an asset can be trending higher, lower or sideways. When an asset is declining in price, it remains in a downtrend until proven otherwise. The chance of a trend...

It looks like we are really going to see some fireworks late this coming week, right after the Fed make their much anticipated announcement about whether or not they will raise interest rates. They had better get on with it and do their miniscule rate rise this time...

The double entendre of the title is fitting, but in its more literal sense, lately the trade of Gold is as if 'tis been left for dead: narrow, discarded, lifeless, especially given the ramped-up volatility of stocks markets here, there and everywhere.

Let’s look at Mr Bear’s report card to see what he’s been was up to this past week. After one day of extreme volatility on Monday, he’s been behaving himself. Still the Dow Jones ended the week 10% below its last all-time high of May 2015.

First, let’s review what happened in Cyprus so we have a basis from which we can work when we look at the situation in the United States. When the financial crisis hit the Cypriot banks, which were already in a poor fiscal position after the conversion to the Euro,...

As we head deeper and deeper into this correction in the gold market, I am seeing more and more fear mongering in the media, which suggests to people that they must buy gold now. Specifically, I have seen so much misinformation about our banking system that I felt...

The planets are coming together for the perfect storm on September 17th. First we have Mercury Retrograde, which often occurs at a top for the precious metals sector (and even the stock market). Then we have Jupiter opposing Neptune, while Saturn enters into the...

Markets continue to chop around…and setup for a move lower. With the Fed meeting in the week ahead, we should see some fireworks late Wednesday and into the end of the week. It would be ideal if they raised rates…and we saw a spike lower to put in a low before we...

Reflection: Tightness in the gold and silver coin and bullion markets. "My baseline is they [the Chinese] have been buying and the Indians have been buying in enormous quantities. It's virtually impossible to get physical gold in London to ship to those countries....

Traders and investors around the world are placing bets on whether or not the US Federal Reserve, America's central bank, will soon raise short-term interest rates given the continuing ambiguity in US and global economic indicators and continuing volatility in world...

Gold sector is on major sell signal. Cycle is now up. Should see a corrective bounce in coming weeks. Silver is on a long-term sell signal and investors should be in cash or short. Short term is on sell signal.

Analysts and commentators remain hung up on whether or not the Fed will raise rates next week.Certain Fed officials have been stating that the Fed should commence tightening. However, with China’s bubble collapsing, dragging down the Emerging Markets, there are...

Corporations are using share buyback programs to manipulate earnings, by reducing the float of outstanding shares. This ploy was not as ubiquitous before, but today it is being used rather indiscriminately by companies as a way to boost EPS. This modern form of...

In a previous post Steve Saville talks about the “true” fundamentals of gold, i.e. the ones that actually matter as opposed to the ones that make a good story. In this post, let’s review something that is related but different; gold mining fundamentals.

DOW & Trans Double Tops, Gold/Silver/Copper, Bonds, GDX & GDXJ And Key PM Stock analysis via videos.

We have considered that the course of US credit spreads has been the conduit whereby problems in the market city on the Yangtze would wash up on the shores of the Hudson and Thames Rivers. In 1998, the path we were using led to the LTCM disaster, which was...

The S&P500 Index had its worst August since 2001, while the Dow’s 6.6 percent drop was its biggest since declining 15 percent in August 1998. Most investors consider the September-October period to be the witching months for equities, but the past month was a...