Gold Editorials & Commentary

Today’s Gold prices were USD 1,113.25, EUR 1008.97 and GBP 713.74 per ounce.

Yesterday’s Gold prices were USD 1,094.80, EUR 998.50 and GBP 707.74 per ounce.

[LBMA AM prices]

A take on the global economy and equities markets that paints a simple and clear pictures I think. The DJIA index has recorded seven consecutive down days in a row! These 7 distribution days are a sign that many institutions are taking profits or establishing losses...

Last week started with the gold PM fix holding above the $1080 level that was seen as key long term support. The great concern was about what would happen on last Friday – the infamous monthly NFP report on Non-Farm Payrolls.

There’s no other way to put it: Commodities took it on the chin last month. July was the seventh worst performing month for the S&P Goldman Sachs Commodities Index, going back to January 1970. Crude oil saw its steepest monthly loss since October 2008. Both...

Gold prices jumped over the $1,100 hurdle easily today as the precious metal seemed to join in the rally with Chinese equities, and shorts were reminded that they can always get caught out when the latest sure-thing goes pear-shaped.

Financial writer and gold expert Bill Holter says the powers know that it physically can’t put off a financial crash much longer. Holter contends, “The system has gotten too big. The system has gotten bigger than the creators of the system, if you will. It is bigger...

The Thompson Reuters/Jefferies CRB Index (CRB) is back down to the panic lows of early 2009. For those who think the CRB Index says nothing about global growth...invest accordingly at your own peril.

Gold and silver traded in a tight range this week on low futures volume. Last Friday the gold price rallied from $1,080 to $1,101. Silver also traded in a narrow range though both are slightly firmer in early European trade this morning.

For six years, the world has operated under a complete delusion that Central Banks somehow fixed the 2008 Crisis. All of the arguments claiming this defied common sense. A 5th grader would tell you that you cannot solve a debt problem by issuing more debt. If the...

Last week, we left off with this. “Something is happening with gold…” It began in Dec 2008. To understand it, it is necessary to understand two principles. The first is that gold is money and the dollar is credit, which currently has nontrivial value. A dollar is...

I'm attaching three charts today: One chart of the daily SPY shows the parallel between Friday and March 3, 2015. The next one, shows where it could go as far as price and time is concerned, and the third shows the weekly chart of the SPX and what I believe may be...

In this Weekend Report I’m going to update some charts we’ve been following very closely in regards to the precious metal complex. I’m going to use the GDX as a proxy for the other PM stock indexes as it shows the volume.

This morning, gold is 0.1% higher to $1,096 per ounce. Silver is up 0.74% to $15.02 per ounce. Platinum and palladium are 0.74% and 0.5% higher to $973 and $607 per ounce respectively.

Rather than stimulus, the USFed's Quantitative Easing is a death sentence for the USDollar. It might provide an ongoing backdoor bailout opportunity for Wall Street banks, and even a window for China to switch from long dated to short dated USTreasurys, but QE is...

Gold has certainly shown some great volatility recently. And with the recent price drop, there's also been a lot of noise coming from pundits in the gold community. Consequently, this seems to be a great time to ask certain basic questions about this, in many ways,...

Gold speculator and large futures traders added to their gold bullish positions last week following five weeks of decline, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

We believe stocks have started the next Great Bear Market and are headed substantially lower. The decline will be stair-step, but inside this Bear Market, which could last 7 years, there will be several stock market crashes.

Markets are human creations; they enable the specialization of labor that’s so essential in creating, and sustaining civilization. Who today grows most of their own food? Very few people, and those that do typically provide the food for the rest of us.

No, not the panning of physical Gold from the cool, fresh downriver waters of a spring or glacially-fed idyllic stream with trout leaping about; rather the published panning of the Precious Metals in general, their no longer being worthy of once-revered valuation,...

A few weeks ago I suggested that the US stock market was disguised in bull’s clothing. The crux of my suggestion focused on the identification of secular bull and bear markets. I concluded that although the market is, from a trend perspective, bullish, the...

Markets rolled over this past week…and just continue to chop around this summer, which is perfect and should provide a setup up for some great fall action. Gold and silver continue to look for lower -- and are trading in a tight range.

When you attend the funeral of a dearly departed friend or relative, it is appropriate to show due respect by wearing black. Similarly, in this update on the Tech Sector, which will very soon be on its deathbed, it is appropriate that we show due propriety and...

Is gold a buy now, or should you wait for a possible autumn price crash? With a six-year low for gold demand in the first half of this year and the lowest prices since the global financial crisis, the negative headlines for gold have reached something of a crescendo...

India’s gold imports shot up by about 61 percent to 155 tons in the April-May period due to weak prices globally and the easing of restrictions by the Reserve Bank. Billionaire hedge fund manager John Paulson, one of the world’s most influential gold investors, said...

Current investing model favors bonds over equities. Therefore, investors should overweigh their portfolios with bonds over stocks for safety. Cash is also a position for those who are un-invested or under invested until this model favors equities again.

Gold sector is on major sell signal. Cycle is down. Traders should be in cash or short. COT data is now favorable for a tradable bottom soon.Silver is on a long term sell signal and investors should be in cash or short. COT data reveals that a tradable bottom is...

When it comes to currencies, the laws of Newtonian physics still appear to hold the greatest influence over participants’ long-term expectations. That is, the belief that a currency in motion will stay in motion, unless acted upon by an external force.

Dow Broken, Gold & Silver Support, GDX, GDXJ & Key Precious Metal Stocks analysis via videos.

Let’s talk about the Greek issue. More than enough ink has been spilled on this from the mainstream financial media. However, I do think we there are a few key takeaways we should note from this whole debacle.

With gold languishing near deep secular lows, its technicals look hopelessly broken. Sentiment is off-the-charts bearish, with traders universally convinced gold is doomed to spiral lower indefinitely. But gold’s weakness this year is very deceiving, as it wasn’t...