Gold Editorials & Commentary

For a number of years the market presence of commercial traders has dictated the direction in the price of gold and silver. With deep pockets and by trading contracts in the futures market without having to back up their contracts with metal, commercial traders...

High end London property prices crashed 6.3% in the last month while average prices in the city fell 2.3% – the largest fall in nine months, according to Bloomberg. Prices across the UK slipped 0.1% in the same period.

Gold bullion and the Gold BUGS Index (HUI) are close to breaking out to the upside on the daily charts. As shown below, the US$ gold price is butting up against lateral resistance that also now coincides with the 200-day moving average (MA), and the HUI is...

China’s State Administration of Foreign Exchange has announced that the nation is to bring its Current Account reporting in line with International Monetary Fund standards. This will mean that all its reserve assets, including its gold reserve, which is widely...

Now that Gold has pushed to a three month high, it’s clear that my bullish read of the Gold tape is at least partially correct. In the face of recent negative price action, I had managed to remain cautiously bullish given Gold’s position in a new Investor Cycle – it...

There is an old saying in the markets about selling in the month of May (NYSEARCA:DIA) and going away until the fall. Experienced investors in the junior mining sector (NYSEARCA:GDXJ) know that is the busy season for drilling and exploration. I think it may be time...

Many commentators have noted that mainstream economists are calling to do away with cash entirely. It would be easy to scoff at these proposals as completely insane if the Fed hadn’t published a paper back in 1999 suggesting the implementation of a “carry tax” or...

Gold traders remained bullish for a third week on speculation that a weaker dollar will increase demand. Supportive of this survey, Shanghai Gold Exchange withdrawals were 857.7 metric tons as of May 8. Gold imports by India exceeded 100 metric tons for a second...

As an advocate for sound money, I am forever tormented by the egregious and overt growth of asset confiscation. The indirect tax from monetary inflation, bank bail outs and coming bail-ins, moral hazard, two tiers of justice accompanied by the gradual conditioning...

Negative interest rates will only work if the people cannot remove their funds in the form of cash. Once cash is removed from the system then “money” is captured within the banking system and they can charge whatever negative interest rates, service charges and...

A technical analyst is continually looking for warnings of a change in market trend – on any time frame! Warning signs that an important change in trend was coming started to appear several weeks ago, and they have become more numerous and more urgent with every...

The price of gold is looking good this week. This begs the question: Is this the rally everyone’s been waiting for? Here’s what we’re watching…

Gold speculator and large futures trader positions rebounded modestly last week following a sharp decline the previous week that brought gold speculator positions to the lowest level since March 24th, according to the latest Commitment of Traders (COT) data released...

Parabolics, that is, which as we below see on a weekly basis have stifled Gold since 20 February. But upon this past Wednesday's being the third strongest upside performance-to-date in 2015, our Captain Endicott successfully navigated Gold's flight up and through...

Both the Federal Reserve’s and foreign central banks’ appetite for US Treasury debt have apparently been sated, (for now anyway) as seen below. The Federal Reserve alone has increased its reserves of US Treasury debt by 850% since 2008.

When it comes to investing in the stock market, we’re told to follow the smart money. Who might that be? The most influential investors/businessmen in America today are Warren Buffett, John Paulson, and George Soros. Their investing acumen has helped them amass...

Gold sector is on major sell signal. Cycle is down. COT data is not supportive for overall higher prices. Silver is on a long term sell signal and investors should be in cash or short. SLV is on a short term buy signal and traders can buy if risks are manageable.

Stocks saw great action this past week. And after weeks of chopping around seem to be moving out of the nice patterns, which have taken that long to form. Half the battle is waiting for the right setups on the chart…and those patterns take time to form.

Last week, we addressed how China’s growing leadership and economic dominance is raising more questions than answers. A Part II, of some sort was planned, but instead, the focus is on the ultimate reptilian society builders, aka the New World Order. By reptilian,...

There is some talk among traders about precious metals breaking out. Silver broke a trendline dating back to summer 2011 and will make its highest weekly close in more than three months. Gold will make its highest weekly close in three months and gold miners had a...

DOW vs Gold, Gold Range, Silver Range, GDX, GDXJ & Silver Targets analysis via videos and charts (double-click to enlarge):

The US dollar continued to lose ground this week, contributing to a firmer trend for precious metals. Gold rose over $40 to $1223, and silver by $1.13 to $17.45, though prices initially opened a little lower in early European trading this morning, perhaps...

Global gold demand remains robust as seen in the latest quarterly figures from the World Gold Council released yesterday. Q1, 2015 gold demand was just 1% lower year on year but was 3% higher quarter on quarter due to a surge in investment demand which was 4%...

The more official (announced) or non-official (non-announced) QE the central banks apply the more “less” valued money is added to “higher” valued, existing money! Your purchasing power is being eroded increasingly with every rescue operation from the government,...

Earlier this week, I had the pleasure to appear on Jim Puplava’s Financial Sense Newshour radio program and discuss the state of the gold market. Along with my peers John Doody of the Gold Stock Analyst and Ross Hansen of Northwest Territorial Mint, I shared my...

The chart below (source: Stockcharts.com) shows a pattern known as a Reverse Head and Shoulders. No breakout has yet manifested but the probabilities seem to be rising. Tecnically, a break above the neckline will lead to a rise of around $80 .

The drop in international liquidity is a very important (but often overlooked) issue, since it explains the fall of the U.S. depositary institutions lending and the deterioration of U.S. credit conditions. In March, the amount of extended credit dropped to...

I'm going out on a limb: I think the next bull phase in the gold market gets underway before October.

Gold broke $1,200 today after a report that retail sales have slumped. Why would gold surge on downbeat economic news? As Ron Paul explains, things are not always what they seem.

Global debt is now in the region of $200 trillion. The McKinsey Global Institute recently published a report highlighting the bloated, unsustainable levels of debt that have been accumulated globally and the huge risks when interest rates begin to rise again.