Gold Editorials & Commentary

As we watched the Prime Minister and the Finance Minister of Greece travel though Europe in a failed attempt to re-negotiate the terms of the “Bailout” it received, we find ourselves thinking quite differently to the mainstream commentators. Ours is not a jaundiced...

The “perfect-storm” of geopolitical instability, diplomatic isolation, severe currency depreciation, and economic decline now confronting Russia has profoundly damaged Moscow's international standing, and possibly for the long-term. Yet, it is precisely such...

Gold and gold mining shares rebounded strongly from the end of December through the first three weeks of January. Over the past several weeks the sector has digested those gains while holding above rising 50-day moving averages. The sector is nearing a bit of a...

For our Thursday report, I wanted to zoom out and take a 30,000 ft. view of Gold & Miners. Often we get wrapped up in the day to day wiggles and giggles, forgetting to take a deep breath, step back and occasionally reanalyze.

The stock market has had wild roller coaster ride during January in the wake of the euro-zone crisis where one of the best days of the year (+275) is immediately followed by the worst day of the year (-335) the effect of which is to literally grind the strength out...

Currencies are the ultimate benchmark of your wealth…especially in the intertwined world we are living in. Currencies are in my view the ultimate benchmark of your wealth…especially in a world that has become so intertwined that differences in currency rates affect...

Wall Street breathed a sigh of relief this week after a case of the jitters the last couple of weeks. Fears over a deflationary plunge in the euro zone had sparked an increased demand for safe haven assets, including gold and silver. The decline to multi-year lows...

The New York Stock Exchange publishes end-of-month data for margin debt on the NYXdata website, where we can also find historical data back to 1959. Let's examine the numbers and study the relationship between margin debt and the market, using the S&P 500 as the...

The shock ECB announcement that it is to remove vital funding to Greek banks and financial system led to volatility in markets yesterday and demand for safe haven assets – including German bunds and gold.

Today I would like to look at the precious metals complex and see how things are moving along. Consolidating would be an understatement. The PM complex has been in a very large consolidation pattern going all the way back to the June 2012 low where the HUI, GLD and...

Financial writer Bill Holter says there is better than 60% to 70% chance that another financial calamity will hit in 2015, and it could start from anywhere in the world. Holter contends, “It doesn’t really matter where it starts. It will probably be global within...

Back in November, as gold broke down through the support held through 2013, the bears came out with their claws. MarketWatch, as well as most other financial news sources, became overwhelmed with articles from vociferously bearish analysts, which compelled me to...

Faber: “Only one way to short central banks and that is to buy gold.” Marc Faber warned at the weekend that 2015 may be the year that investors will lose confidence in central banks and that investors will “suddenly realise what a scam that central banking is.” He...

“I have really been meditating on your point, that a boom is entirely unrelated to economic growth, and so the succession of booms keeps destroying capital and impoverishing us.” LH. That statement from a friendly personal email was about the nicest Christmas...

The Market Vectors Gold Miners ETF (GDX) is an equity index that provides exposure to small, medium and large sized companies that generate most of their revenues from gold and/or silver mining. It is listed on the American Stock Exchange (AMEX) with price last...

GOLD DAILY- As the below chart describes we should end the gold correction this week. Good support around the $1,240 level. Once we start heading higher, I will start looking for signs of a top. No divergences to note in the indicators at the moment.

Since the bull market for gold began in 2003, the world’s major gold mining companies have produced tens of millions of ounces of gold and have raised (and written-off) many billions of dollars for capital expenditures and acquisitions.

The gold price suffered another down day on Tuesday as large investors reduce long positions built up in the market in the run up to the metal's January 22 high of just under $1,308 an ounce. Net long positions – bets that the price would go up – held by hedge funds...

My Subscribers and I were prepared for Thursday’s and continuing assault on the Precious Metals – here is how we knew to expect a pullback: In the long run we anticipate that gold and silver will offer reliable protection in an environment where governments are...

As mentioned in my previous piece, the last hour of trading on Friday was ominous and leads me to believe we will see “gap” openings in all directions very soon. Since then, the markets have bounced back but unconfirmed on extremely low volume. Zerohedge had a neat...

Last week a scene unfolded in Athens, largely unnoticed by American eyes, that provided all the visual and metaphorical symbols needed to define the current state of the global economy. Hollywood's best screenwriters couldn't have laid it out any better.

I know I’m ahead of myself, as this article is being written Monday morning – to be uploaded to the blog Tuesday, and distributed in our Wednesday newsletter. However, there is simply too much to talk about – and frankly, I can’t wait to do so. And by the way,...

Gold is off to a great start this year. That’s the daily gold chart, and it looks superb. The strongly bullish technical action reflects the positive fundamentals of the gargantuan Chinese and Indian jewellery markets. Those two nations are the main price drivers...

Gold has experienced some remarkable and unexpected turn of events so far this year and year-to-date it is significantly higher in four of the seven top currencies (the euro, British pound, Australian and Canadian dollars), and up respectably in two others (U.S....

In 1913 the US national debt was less than $3 Billion, gold was real money, and a cup of coffee cost a nickel. By 2015 the US national debt had increased to over $18,000,000,000,000 ($18 Trillion), the gold standard was called a “barbarous relic,” most currencies...

There are two charts every precious metals investor needs to see. The U.S. Mint is celebrating its 30 year anniversary producing Gold and Silver Eagles and if we look at the sales data of these two Official precious metal legal tender coins going back to 1986,...

As you are doubtless aware we are living in a new paradigm – the age of global QE has arrived. Amongst the major power blocs it started with the US, spread to Japan, which adopted it with a particular gusto, after suffering from deflation for decades, and just has...

Gold-price volatility so far this year has been a reflection of short-term speculative activity by a relatively small group of hedge-funds and other institutional traders taking relatively large positions in “paper”

The Chinese Year of the Ram will kick off at the end of this month, but for now it looks as if 2015 will be the Year of the Central Banks. I spend a lot of time talking about gold, oil and emerging markets, and it’s important to recognize what drives these asset...

Gold was down in the overnight session, hitting a low of 1272.50, at the time that this post started being written. We are likely just correcting the rally from 1252.60 to 1285.30. We expected gold to recover to the $1275 area today, and it has!