Gold Editorials & Commentary

While the metals market has moved through the lowest level resistances I noted last week, it made it clear that it wanted to provide us with a higher retracement for this downside set up. And, it does not change the bearish pattern being presented before us at...

Gold and Silver rebounded following the Fed minutes released last Wednesday. However, one week later both metals are back below pre-Fed levels and moving dangerously close to important support. Silver price fell 2% on Tuesday to $15.81/oz, which is only 2.2% above...

Gold was marginally lower in the overnight session, reaching 1179.30 at the time that this Post was being written. On the intraday chart it is now looking like we are about to complete a five wave drop from 1205.05 to the current low.

I realize that most analysts in the gold community are nervous about gold, and nervous about China’s stock market. In contrast, I think this is the greatest time in history to own both gold and the Chinese stock market.

The Wall Street Reform and Consumer Protection Act of 2010 is better known as "The Dodd-Frank Act" to the American public. What the American public does not know about, is that it codifies a "bail-in" provision that ensures that the United States can conduct the...

The first signs of a rush to convert financial assets into physical gold in China have emerged with a spike in physical gold payouts at the Shanghai gold exchanges. Withdrawals of physical gold from the Shanghai Gold Exchange and Shanghai International Gold Exchange...

So last week gave the bulls hope again and was slightly above our forecast range. However, we maintained our consistently bearish position in our forecast published every Sunday before the markets open. Our expectation has been that June is set to be a bad month for...

- Doubts over City of London’s “fintech” in age of cyber war. - Thousands left in “financial limbo” after tech “error.” - 600,000 RBS customer payments go “missing” in “system failure.” - Glitch comes after bank was fined £56 million in November for 2012 tech fiasco...

Since the financial system, stock markets, bond markets, and currencies are primed for a correction/crash, expect severe disruptions (we don’t know when) and eventual market imposed discipline upon global governments and over-leveraged banks.

The U.S. economy has rebounded from its winter slump – but recent data continue to present mixed signals, leaving the Federal Reserve and most Fed-watchers alike uncertain about the timing of the much-anticipated first step-up in the Fed funds interest rate.

Even though the Federal Reserve announced last week that it would wait a little longer to raise rates, spooked investors fled to gold bullion, helping to drive prices above $1,200 an ounce. It was the greatest single-session surge by percentage in nearly a month and...

Gold prices erased two-thirds of last week's 1.5% jump against a rising US Dollar on Monday, dropping back from $1200 per ounce as Eurozone stock markets held strong gains amid hopes of a quick deal at the latest emergency summit on Greece's debt crisis.

The gloomy economic situation of Greece has been the topic of many. It is high time to analyze more thoroughly the relationship between Greece’s debt crisis and gold. But first we must examine the institutional foundations of the Eurozone and its currency, as they...

As expected Gold posted a rally towards US$1,205.70. While many market participants became extremely bearish two weeks ago I clearly pointed towards the important contrarian buy signals in CoT and sentiment. As well it looks like the Euro could continue to recover...

There are no words to describe the Carnage that Precious Metals Stocks have suffered for the 12 years. There is no consoling those who have invested in this sector, many who have literally lost their life’s savings as they watch this horror unfold in utter disbelief...

A fund manager for one of the largest mutual fund and investment groups in the world, Fidelity, has warned investors and savers to have an allocation to “physical cash,” “including precious metals” to protect against “systemic risk.”

You have heard the phrase many times "it's already in the market", meaning if "something" or some sort of event happens it is already factored in to prices. I was overseas last week, travelled much of the week and stayed in a hotel that had only two English...

Markets were acting decent after the Federal Reserve came out last Wednesday and said nothing new. Some stocks are still doing fine. Consequently, I did do some buying in last week, but I’m not heavy by any means.

In the past two weeks, SPX ended its decline from 2135, made a double-bottom and started a rally. The near-term trend is bound to be affected by what comes out of a last effort at resolving the Greece crisis on Monday. Since so much is at stake, and mere rumors on...

Gold is beginning to stir after seemingly sleeping through so many weeks of otherwise financial gyration amongst the markets that comprise BEGOS (Bond / Euro / Gold / Oil / S&P 500). The world's wary wonderment of "What's Next?" is increasing across the spectrum...

It was another volatile week in the markets. The interest rate decision by the US Fed on Wednesday was a non-event with no change in the Fed's monetary policy. The market reacted with a spike in stocks, bonds, and precious metals, while the U.S. dollar took a dive....

A venerated elder once said to me, “you can pick your nose but you can’t pick your family.” These are wise words indeed that best explain my attitude toward the current who’s who now running for the highest office in the land. And in case you missed it on the...

As you probably know, I would not be surprised if the stock market crashes within the September/October 2015 time period, possibly before then. I believe the economic fundamentals are poor and getting worse, fast. The technical landscape is warning markets are in a...

In his weekly market review, Frank Holmes of the USFunds.com summarizes this week’s strengths, weaknesses, opportunities and threats in the gold market for gold investors. Gold closed the week at $1,200.80 up $9.15 per ounce (1.62%). Gold stocks, as measured by the...

There are two camps of investors which have diametrically opposed views on why one should own gold. One camp believes that gold is an excellent hedge against inflation, while the other camp believes that gold is a hedge against "down markets," and deflation.

What is occurring today in China’s Shanghai Stock Index can best be described by Yogi Berra’s famous line: “Déjà vu 2001 & 2007…All Over Again.” Almost 85% of China-listed companies are trading at higher multiples today than they did at the previous market top...

Gold sector is on major sell signal. Cycle is down. Prices need to rally and stay above current level or we could see another sharp drop.Silver is on a long term sell signal and investors should be in cash or short. COT data reveals that speculation is close to...

Total world debt has been calculated recently at $223 Trillion dollars. World debt has increased some 40% since the crisis of 2008-2009; as I recall, it was about $157 Trillion at that time. The $223 Trillion is actual debt, and does not include the potential debt...

Watch out! That is what the headline said on the cover of the latest edition of The Economist (June 13-19, 2015). The world is not ready for the next recession. The Economist went on to declare “the fight against financial chaos and deflation is won”….the IMF says,...