Gold Editorials & Commentary

I have been in this business for close to forty years. I am in awe that the outlook for gold has never been more obvious while those with separate agendas continue to pursue a path to confuse and misdirect the public into believing that gold is not money and...

Oils recent drop below $50 has destroyed the 42 year standing ratio of gold to a barrel of oil, 15:1 which has been the norm since the 1972 gas rationing! Such news, one would surmise, might send gold below $800 and other commodities as well similar to coppers most...

Gold hit a price low of approximately $1,140 in early November 2014. Since then it has rallied dramatically, possibly because of global fears about the financial system, the Swiss National Bank removing its peg to the Euro, more QE, escalating war in the Ukraine, or...

While I predicted a huge rally in gold would usher in the new year of 2015 in a spectacular way, the top bank economists have failed again. Most of them predicted, “No rally for gold!” Their dire predictions in 2014 all failed to materialize, and this year they are...

To all those that are thinking that the bull-market in metals is back, I will remind you of former US President Ronald Reagan’s famous words: “Now there you go again.”

There are no two identical business cycles. Their courses depend on the many independent actions of market participants. Also, each time money flows and spreads out differently in the economy, affecting distinct prices in various ways. However, according to a...

During the previous year, the stock markets of the developed world consolidated whereas the majority of the developing nations performed poorly. In 2014, the European stock markets essentially traded sideways, Japan produced modest growth and unsurprisingly, Wall...

For several years there has been talk of a financial and economic “re-set” coming, this is no longer speculation as the reset has already begun! The Swiss have suppressed the price of their currency, the franc, since late 2011. They pegged the franc versus the euro...

Experts from the UBS financial company say that the Quantitative Easing is the measure that may be taken by the European Central Bank in order to increase the money supply. Consequently, an increase in gold prices is likely to be triggered by the possible...

While there are some signs that this rally might be the beginning of another major upleg in the precious metals market, it’s still more likely than not that it’s just a correction. Gold seems to be once again responding very positively to the signs from the bond...

Improving Macro Backdrop: In light of a shifting global macro backdrop that we can finally sink our teeth into with respect to a bullish orientation on the gold stock sector, I thought it might be a good idea to publicly post some bottom line thoughts from this...

The Bundesbank, Germany’s powerful central bank, announced very publicly this morning the further repatriation of some of its gold being held in foreign locations – namely in Paris and New York with the Bank of France and the Federal Reserve.

Nothing has been done to address the structural inadequacies and distortions that lead to the 2008 financial crisis – instead our leaders have resorted to the procrastination made possible by turning to drugs, specifically Quantitative Easing, which has enabled them...

In my analysis from 26th of November I wrote: "After a setback that should hold above the US$1,175.00 level the 200-MA (US$1,276.58) becomes the logical next target". We are there now! Unfortunately in my update from10th of December I recommended to move the stopp...

"We inflate our paper currency, we repair commerce with unlimited credit, and are presently visited with unlimited bankruptcy." - R.W. Emerson, The Young American, 1844. Joseph Goebbels was Germany’s Minister of Propaganda from 1933 to 1945. He once said that if you...

Up until now, the announced losses from the Swiss National Bank’s decision to let the franc go have not been enough to cause a great deal of angst and outright pain in the world’s principal trading houses. FT reports that Citigroup lost $150 million thus far,...

2015 could be the year for gold to shine. Having recorded its all-time high above $1920 an ounce in September 2011, the metal has been in decline now for nearly three and a half years and, consequently, its allure as a reliable hedge asset and store of value has...

So the Swiss referendum on gold at the end of last year did prove to be a decisive point in the gold market cycle, after all. The fall to $1,138 on the ‘no’ vote marked the low of the cycle. However, for the rocket to send gold prices to the moon this was ‘the right...

After the SNB- Swiss National Bank dropped the bombshell on the markets Thursday morning, the prices of the precious metals have gone in one direction… UP. In just two days, the price of gold is up $40 and silver $1.10.

A wild week for markets…which gapped most days leaving us out of the trade for the most part. I just can’t really hold much overnight with a gap one way or another quite likely according to recent history.

With my background as a highly regarded professional engineer in the energy business, I enjoy the mathematics of Elliott Wave Theory (EWT). As the highest scoring student at one of the original Elliott Wave courses put on by Robert Prechter decades ago, I fell in...

Baa, baa. That’s the sound of the sheep that follow the crowd spouting bunkum that gold can’t go up if the US dollar goes up as well. This fallacy has been shown over the past couple of months for what it is – complete nonsense.

Now that 2014 has closed, we want to present our view of where markets are headed in 2015 in a series of articles. Toward the end of this series, we will cover real estate and the economy, something slightly different than what we normally cover in our daily market...

All markets have always been cyclic…they go into a Bull market phase and end in a Bear market correction…over and over and over again. Only duration and magnitude vary. Therefore, to determine what to expect going forward, an analyst needs to carefully study the...

Long term – on major sell signal since Mar 2012 when $HUI was at 550. Short term – on buy signals. Gold sector cycle – up as of 11/14. A bear market rally is in progress. COT data suggests lower metal prices overall going forward.

Chalk this up as another article I hadn’t planned to write, but was inspired by the incredible events of the day. To wit, following the momentous events I discussed Wednesday, today’s historic Swiss National Bank announcement – and epic Euro plunge – has shifted...

It would seem that last week’s rally in gold was Swiss National Bank-driven, plain and simple. It is difficult to get a handle on the ramifications of what just happened with the Swiss “unpegging” from the Euro. It was becoming prohibitively expensive for the SNB...

In early July 2014, Mark Bristow Randgold Resources CEO, said the gold mining industry was fundamentally broke at a gold price of US$1,300.00/oz.

Crude Oil, DOW, Gold Key Breakout, Silver, GDX & GDXJ analysis via videos.

Switzerland has abandoned its 1.20 peg to the euro causing some of the biggest one-day movements in foreign exchange markets in living memory. The Swiss franc soared 16 per cent against the euro. Gold and silver also gained in a flight to safe havens, with gold up 2...