Gold Editorials & Commentary

The Euro zone raised its gold holdings by 7.437 tonnes to 10,791.885 tonnes in January, International Monetary Fund data released overnight showed. The rise in gold holdings was small in tonnage terms and in percentage terms – especially when viewed in the light of...

Without going into the mechanics and logic of “why” or really even how the current Ponzi schemes will fail, I will assume that you understand the current “dollar system” is untenable, unfair, unstable and will fail in very grand fashion. If you do not believe this...

Clearly, central bankers will return to a gold standard only if forced by a financial implosion, economic collapse or equivalent disaster. Hence, the powers-that-be will do whatever is necessary to conceal the sovereign debt bubble, hide the insolvency of sovereign...

In my humble opinion, I believe that, as more and more study is conducted into the social aspect of economics, we will ultimately abandon the use of “fundamental analysis” as a main research tool in identifying market direction. In fact, many noteworthy scholars...

With eurozone money printing due to start next month and the Bank of Japan continuing to print more per capita than at the height of Fed QE, there is good reason to think the ‘crack up boom’ in global stocks will last another year or so.

If your job is to sit in front of a camera selling the notion of getting rich from investing, you’re not going to talk about bonds or currencies (maybe the latter is of interest but only with insane amounts of leverage which usually bankrupts a trader in his or her...

Here’s a quote from PayPal founder Peter Thiel’s excellent book Zero to One: “If you can identify a delusional popular belief, you can find what lies behind it: the contrarian truth.” We are confronted daily with the greatest economic and financial delusion of all...

So much is happening behind the scenes, it’s mindboggling. This past week we of course ended with “deal or no deal” over Greece. The “deal” the markets were hoping for really was no deal at all, the markets were only hoping for more time and ONLY more time. You...

The Gold market appears to be in reverse gear at present. It’s at fresh 6 week lows with a 2nd Daily Cycle that continues to wind lower, and is showing nothing that’s at all positive. Gold is trading very lethargically, and is uninteresting from most perspectives....

As you will see in the Gold Weekly Chart we are beginning week 16 of our weekly cycle, on average a weekly cycle lasts anywhere from 20 to 30 weeks (similar to daily cycles). This weekly cycle peaked at week 11 technically making this a right translated cycle. Right...

Last week I did a three part analysis of the HUI index detailing all the reasons that price should find support at its current level and turn higher. Price ignored my in-depth analysis and headed lower.

The reaction back by gold over the past month was preceded by an explosion in Commercial short and Large Spec long positions. On gold’s 6-month chart we can see that this reaction has been quite deep, and that it has taken the price back down below the neckline of a...

I would like to start this Weekend Report by looking at the HUI:SPX ratio chart I posted late Friday night that shows a time objective out to October of this year. If both the time and price elements play out according to this ratio chart then the HUI should be...

Something is interestingly cooking in Russia. Consider the following startling facts about Mother Russia (as many old-timers used to call her). Russia has always been a formidable force in the commodities world. However, recently it has taken the production lead in...

Fading Greece concerns were a tough headwind for the yellow metal this week…and it certainly had a negative impact on the intermediate-term chart.

Over the last week, the gold price fell 2.3% (to $1201), under-performing oil (up 2.8%) copper (down 1.7%). It outperformed silver which was down 5.9%. The fall in silver price was a significant driver of the fall in gold’s fair value over the week, analyzed in the...

Last week, SPX extended its advance to 2110, but breadth is not supporting the move with the daily A/D oscillator barely moving up and continuing to show negative divergence. Unless this improves (and quickly) the index will not be able to continue on its upward...

From the paper money system introduced in France by John Law in 1716 to the French National Assembly’s assignat currency used as legal tender from 1789 to 1796, the issuance of unsecured paper money systems has a disturbingly long history in world commerce dating...

Nick Barisheff is a successful international businessman, entrepreneur and financial writer. For the past decade, Nick has focused on the world of precious metals and the benefits available to investors who hold physical gold, silver and platinum bullion. As...

Employment is an important topic for Washington and Wall Street. Citizens who are fully employed are more likely to vote for the political party currently in power and continue making payments on their monthly mortgages. But when examining Department of Labor...

Equity Markets and stocks really are acting great now…and breaking to new record highs. Most of the stocks I’m most focused on are those, which reported good numbers and which held their earnings gap and have setup bases. Moreover, they are now starting to move or...

SGE gold withdrawals have hit 374 tonnes in the first six weeks of the year – a record level in the run up to the Chinese New Year holiday.

We are looking at parallels between looming supply shortages for copper and gold, and the likely different patterns the two metals will follow given copper is very much an industrial metal whereas gold largely revolves around financial and investment factors. But...

To leave the EU or not to leave the EU, that is the question? Pick any hour, and you will have an answer that is good until the next hour passes. While there have been cheers and encouragement for what the newly elected Syriza party has been telling the EU, that...

Long term – on major sell signal since Mar 2012 when $HUI was at 550. Short term – on sell signals. Gold sector cycle – down as of 2/07, ending the up cycle since November.

Sure, my job is to be even keeled, even when confronted with the daily crime scene manipulated “markets” have become. However, even I have my limits; and watching today’s “trading,” it was hard not to feel nauseous. I mean, today alone, we saw the Greek “...

The US stock markets’ latest record highs have left traders exceedingly euphoric and complacent. They are utterly convinced this stock bull will power higher for years to come. But their enthusiasm is very misplaced. In real inflation-adjusted terms, the US stock...

The two sides remain far apart during the Eurogroup meeting in Brussels. The 240 billion euro bank bailout expires at the end of this month and Greece could run out of money by the end of March without new external funds, driving it nearer to the euro zone exit.

Precious Metals have had an interesting week. Both Silver and the gold stocks rebounded off their 50-day moving averages only to do a 180 the following day. Meanwhile Gold has given back most of its January gains. In this missive we consider the near term outlook...

Let us start with the facts. As per the chart below, it appears that Russia has accumulated more than 26 million ounces of physical gold in less than 10 years. In that same time period, there have been only 3 months in which the Russian gold reserves have declined,...