Gold Editorials & Commentary

Markets began to act sloppy this week…breaking to break below breakdown levels late in the week. Consequently, I locked in all my gains Thursday…and am now in an all cash position and looking for a little correction.

History has been quite clear. When the Fed prints too much money, holds interest rates too low for too long, it eventually creates a bubble followed by a market crash. It happened in 2000 with tech stocks. Then again in 2006 with real estate. Followed not long after...

The most remarkable fact the emerges from the chart of the Dow Jones Industrial Index below (source bigcharts.com) is that volume has been falling since 2009

Americans labor under the misguided belief that they have freedom, and by extension, freedom of choice. This simply is not true. Corporations are dictating more and more how Americans live, what to think, what to eat, and more. Google is a perfect example of what...

Gold and Silver are going to close down for the third consecutive day and the third consecutive week. As we pen this on Friday, Gold Price bounced from $1162/oz -- and could close near $1170/oz, while Silver traded below $16/oz and may close at $16/oz right on the...

Gold & Silver Oversold, DOW & Dollar Charts, GDX, GDXJ & SIL And Junior Gold Stocks analysis via videos:

Gold remains deeply out of favor thanks to global central banks’ extreme money printing. This fueled a global stock-market levitation that has temporarily short-circuited normal market cycles, leaving investors infatuated with stocks to the exclusion of prudent...

Jim Sinclair suggested a big picture topic to write about. Each step forward by the Chinese to make a foothold for the Renminbi (yuan) is one step backwards for the grip the dollar has held over the globe (as the primary Foreign Reserve Currency).

We know that the Federal Reserve cranked up their digital printing presses and created over $16 Trillion in new currency, swaps, loans, bailouts, gifts, etc. in response to the 2008 financial crisis. Example: Bernie Sanders says that Bank of America received over...

If China were to partially back its yuan with gold it would require a gold price of $64,000 per ounce, 50 times gold bullion’s price today, according to a recent article from respected Bloomberg Intelligence.

Decades ago, we used some quips attributed to the "trading floor cynic." After more than fifty years in the markets and after reading so much of financial history one might become jaded about the markets. Not in these pages. There are very few stock market trading...

China is in the late stages of constructing its thirteenth five-year plan, a process that commenced over a year ago and will result in a first draft in October. While the bulk of the plan will concern regional and domestic development, it is the international...

Even though the former Chairman of the Federal Reserve is now getting paid privately for his economic and market prognostications, he is still unable to identify or acknowledge the monumental bubbles that central banks have engineered.

One (perhaps the only) bright spot in the past few year's gold market has been Chinese and Indian demand for the metal. Here's a chart, courtesy of Ed Steer's Gold & Silver Daily, showing that the two countries have imported a cumulative 15,000 tonnes since 2008...

Blockchain.com, which claims to be the maker of the most popular Bitcoin wallet, suffered at the weekend what the Guardian describes as a “total crypto breakdown”, highlighting once again the vulnerability of electronic and digital currencies to human and...

The War on Cash is now going into hyper-drive. In the last 24 months, Canada, Cyprus, New Zealand, the US, the UK, and now Germany have all implemented legislation that would allow them to first FREEZE and then SEIZE bank assets during the next crisis.

Goldman Sachs’ chief equity strategist, David Kostin, said that “by almost any measure, US equity valuations look expensive”, which echoed Robert Shiller’s earlier opinion. Is the U.S. stock bubble finally going to burst? How will it affect the gold market?

Finance and economic writer David Morgan thinks the global economy very likely could take a sudden turn for the worst. Morgan says, “There is going to be a panic buy into the metals…and there is only so much to go around. Here following is an interview with David...

The European Commission has ordered 11 EU countries to enact the Bank Recovery and Resolution Directive (BRRD) within two months or be hauled before the EU Court of Justice, according to a report from Reuters on Friday.

No one ever mentions the 100’s of billions of dollars in fines and penalties doled out to the biggest banks all over America and Europe, on an almost daily basis and yet without even one single indictment and of course no prosecutions.

We measured every bull cycle of gold stocks and found there have been eight distinct upcycles since 1975. We also discovered something exciting: Only one was less than a double. (A second was 99.9%.)

Gold rallied to 1194.80, in the overnight session, at the time that this Post was being written. As we said in yesterday's End of Day Post we now appear to have a three wave rally in place from 1181.10 to 1204.60, which suggests that gold is going to be dropping...

You really have to wonder how it is that so much is going on all around us…and yet almost nothing is being reported by the mainstream press. I know it is hard to do, but imagine yourself 20 or 30 years ago, could what is currently happening ever be "slept through"...

The month of June is typically a boring one for gold and silver price action, although the latter half of the month tends to be a bit better for gold.

Last week, the global gold market was rather subdued as the upward momentum in prices ran out of steam hitting resistance at around $1220 an ounce.

Has the tide turned, or is the dollar merely taking a breather? Is the euro’s recent bounce off its lows just a dead cat bounce, or is it a sign of other changes to come? Why has gold not rallied with the recent retreat of the dollar? What dynamics might be...

Gold continued to react to the heavy resistance it hit previously - this should be a worry for the bulls. We expected May to be a bad month but it ended with a small gain, a higher high and higher low for the monthly candle. We have been urging the bulls to be...

An emergency meeting was held in Berlin last night between Angela Merkel, Francois Hollande, EU Commission President Junker, Christine Lagarde of the IMF and ECB president Mario Draghi. The meeting was reported to have continued past midnight.

This is the second in a series of musings and accompanying videos with Vancouver-based Cipher Research Ltd, which evaluates exploration and mining companies for investment. Once again, we assess a segment of the gold resource sector.

For those that have read me before, you know that I am an Elliott-Wave Technician. That means that I use Elliott Wave analysis as my primary methodology of analysis. And, as I have noted before, it is this methodology which allowed me to call the top in gold price...