Gold Editorials & Commentary

The indices are mixed. SPX managed to make a new high by a small margin, but DJIA has not. Also some of the leading indexes such as XLF and XBD are beginning to show relative weakness. If this continues and worsens, it will be unlikely that SPX is on its way to...

Today we make a short break from the news from the main financial markets in order to analyze the gold demand trends for the full 2014 year, published a few days ago by the World Gold Council. How did the demand for gold behave last year?

When I recently told my subscribers to go into light “sell mode” for gold at $1305, I wasn’t calling a top. After staging an enormous rally of about $130 an ounce, gold had simply arrived at sell-side HSR (horizontal support and resistance).

One of the simple ways of classifying a chart as being bullish or bearish is to look at price action relative to the 200 day moving average (DMA). If price is below the 200 DMA the chart is bearish. When price is above the 200 DMA the chart is bullish.

The global gold markets were subdued on Monday as volumes were low mainly on account of the short trading day in the U.S. markets due to Presidents Day. Gold fell last week, but managed to bounce off their weekly lows. After slipping briefly below $1220 an ounce on...

For the next little while, I am watching three events—I’ll call them developments—very closely. These developments could impact gold prices and cause sharp movements to the upside in a very short time. What are these developments? Talks of Greece’s potential exit...

During a normal week, easily two or three topics come up which are obvious enough to deserve writing about. Often times, there are too many topics to choose from and several topics need to be written about in one article. Nearly never has a week gone by over the...

Call us Gold Bugs if you wish - it's OK - really. We have a firm belief that the precious metals, Gold and Silver, are the only real money on planet Earth. We also believe the metals are in a secular bull market that has several more years to run. Yes, holding these...

Florian Grummes from Munich has been studying and trading the gold market since 2003. In 2008 he started publishing a bi-weekly extensive gold analysis containing technical chart-analysis as well as fundamental and sentiment analysis. Since 2011 the pro aurum group...

The pullback in Gold continues and price has dropped below the 50 day exponential moving average (EMA). Volume continues to decline which supports our premise that this is a pullback and not the start of a new downtrend. Remember that in an uptrend we want to see...

Over the last three years, many have presented quite strong fundamental arguments that various factors would certainly cause the metals to immediately skyrocket to new heights. They have pointed to increasing demand for metals in countries such as Russia, China and...

The huge difference between what the WGC/GFMS describes as Chinese gold demand and SGE figures, is all a question of statistics and how they are interpreted and what is actually classified as ‘consumption’ or ‘demand’

Returning to the latest World Gold Council (WGC)/GFMS Gold Demand Trends report, which puts mainland Chinese 2014 consumer demand at a mere 814 tonnes together with the Shanghai Gold Exchange (SGE) overall withdrawal figures (around 2,100 tonnes) – assuming both to...

Electrical Power Demand (EP) is my favorite economic series. EP is measured in kilowatts; a unit of power designed by engineers and not subject to hedonic adjustments by government funded statisticians. If the economy is growing, the demand for EP will increase....

Markets and stocks acted great all week. But later on showed a change in behaviour to positive…so I’m moving back into stocks now – however a bit slowly. I’m mainly focused on leading stocks, which have reported great earnings and demonstrated an earnings gap....

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.

With the negative interest rates deposit holders might be opt for paper money (notes) instead of digital money (digital wallet, bank account)! Which could bring down the fractional banking system because as we know of every $100 you deposit in the bank $90 is...

The changes going on in the world continue to accelerate, but changes that directly relate to gold and silver are hard to find and correlate to developing price activity. This was addressed in the first two paragraphs of last week’s article, Forget The News, so...

Global capital is looking for a place to hide. But after decades of enthusiastic currency creation and financial engineering, there's way too much of it for any one country to accommodate. This mismatch between money knocking at the door and available space is...

For the most part positive fundamentals (for gold mining companies) refers to rising Gold prices. However, this neglects the things under the surface which can affect margins as much as headline prices and in some cases more.

US T-Bond, Crude Oil, Gold Bull Signals, Silver Bull Signals, GDX & GDXJ analysis via videos.

Central bank gold buying surged another 17% last year as countries outside of the Western hemisphere continue to stockpile the only currency with no counterparty risk.

For 13 years, I have watched one of North America’s largest bullion dealers – with unquestionably, the most viewed website – spew anti-gold propaganda day in and day out, going out of its way to bring every imaginable negative viewpoint to bearing. And not only...

Gold’s sharp early-year surge has fizzled in recent weeks as investment demand faded. The primary reason is the universal belief that the Fed’s upcoming rate hikes are very bearish for gold. Higher rates will make zero-yielding gold relatively less attractive,...

One of the most compelling ratios describing the true nature of the current economic-financial state of affairs is the current relationship between labor force participation and corporate profits. Labor participation is at historic lows at a time when corporate...

Let us go straight to the key message. The long-term gold chart is flashing a “buy” signal based on the technical indicator “MACD.” The chart below says it all. Mind that this is a monthly chart, which means it looks at gold from a long term perspective. This chart...

It's PEACE! Russia and Ukraine have reached another cease fire agreement (maybe their 5th?) which will begin Sunday. Let’s see if this one holds? Ukraine cannot continue hostilities without the U.S. supplying them. What will U.S. reaction to this agreement be?...

Despite some improvement from their November/December 2014 lows, gold stocks remain depressed. I use the word depressed because that is the only way one can describe it even though the gold stocks as represented by the Gold Bugs Index (HUI) are up a stellar 28%...

Here's the conclusion of our 2014 gold forecast: "Based on the small historical sample size, which is all we have to go on, you should ignore the predictions that gold will zoom straight back to its 2011 top.

After over three years of this corrective market action, I am sure those bullishly inclined are worn to the nub. I am sure you have completely run out of patience. I would not be surprised if you have even yelled at your charts, screen, or investment account at one...