Gold Editorials & Commentary

Long term – on major sell signal since Mar 2012. Short term – on mixed signals. Gold sector cycle – down as of 8/8. COT data suggests a tradable bottom is not in yet for the metals.

Markets have been very strong and have a solid low now in place…but they do need a little rest since they have come so far so fast and are now overbought. I’ve already identified the leading sectors for member…and the stocks within which do best are also well known...

Several weeks ago the entire precious metals space was extremely oversold and due for at the least a reflex rally. Gold was down in nine of twelve weeks with Silver down in eleven of those twelve weeks. The miners experienced a nasty September and were down five...

Gold stocks staged spring and summer rallies this year, but haven’t able to sustain the momentum. Many have sold off sharply in recent weeks, along with gold. That makes this a good time to examine the book value of gold equities; are they objectively cheap now, or...

Behind the scenes (or rather, behind the curtain of propaganda) the most influential of the banking class is sending out smoke signals. The Bank for International Settlements (BIS), which is the bank for central banks, has telegraphed the next major world financial...

Demand for gold continues to be robust and has indeed increased significantly in recent weeks despite gold’s most recent paper driven gold weakness.

Microchips embedded in the arms of citizens to track their activities, the total destruction of the middle classes and a cashless economy where an authoritarian state can freeze the accounts of dissenting citizens excluding them from all economic activity….. These...

The Quantitative Easing initiatives have been declared as stimulus and successful in sustaining the US financial system. While having been able to continue the debt floats, the many market props, providing coverage for USGovt debt securities and mortgage backed...

Let's start off the Wednesday Report by looking at several currencies that broke out today. As you know the Eruo has been one of the weakest currencies out there. Today’s breakout of a bear flag confirms there is more downside to come. This first chart is a daily...

On November 30, Switzerland’s citizens will cast a very critical vote. Through a referendum, they will vote for or against the Swiss National Bank increasing its gold bullion reserves to 20%, the central bank halting the selling of gold, and the storing of gold...

A Yahoo headline: Pentagon Readying For Long War in Iraq, Syria. More war means more debt and higher inflation. Increasing national debt is as certain as death and taxes. Increasing consumer prices follow.

Timing is everything in investments, and after watching the precious metals markets for the past three months, since the publishing of his last article at the June lows, Peter draws the conclusion that gold bullion and gold mining stocks have finally bottomed and...

I have both good news and bad news for Gold bugs. The bad news is that the US Dollar is rallying hard. In fact it just broke out of a multi-year wedge pattern. This is extremely bullish for the US Dollar… which will prove bearish for commodities, Gold included.

The first poll of how the Swiss people will vote in the “Save Our Swiss Gold” initiative on November 30th shows that the Swiss are leaning towards voting for the pro-gold initiative.

In our opinion speculative long positions (half) in gold, silver and mining stocks are justified from the risk/reward perspective. Yesterday, gold closed higher than it did in the previous several weeks, which seems like a very bullish development for the entire...

While all “systems are go” for the precious metals sector, or at least appear that way, things are substantially more questionable for the world’s stock, bond, and real estate markets. India’s top central banker, Raghuram Rajan, is highly educated, in both...

We can’t speak about the manipulation of the gold price today without understanding the derivatives market. Right after the crash of 2000 in the stock market I became alarmed by the exponential increase of derivative products but especially by the complexity of...

It’s been over 3,280 days since a hurricane hit Florida. As hurricane season comes to a close next month, only Mother Nature knows how long the streak will last.

The United States is doing better than it has in years. Jobs growth is up, unemployment is down, our manufacturing sector carries the rest of the world on its shoulders like a wounded soldier and the World Economic Forum named the U.S. the third-most competitive...

One of the pillars of any major world economy is its Energy Section. Therefore, how much a country consumes is a sign of its growth and relative economic strength vis-à-vis other nations. The following table shows the 12 biggest energy consuming nations in 2006....

That gold mining has generally been a crappy long-term investment for almost five decades is evidenced by the following chart. The chart, much of the data for which were provided by Nick Laird of www.sharelynx.com, shows the ratio of the Barrons Gold Mining Index (...

Does gold respond to the inflation or rather to the real interest rate? Paul Krugman said once that the reason behind the high real price of gold between 2001 and 2011 was low real interest rates, not the expected inflation. Is he right and are real interest rates...

From my seat and in light of the price action this past week, I truly find the lack of understanding surrounding Dow Theory amusing. I also find the content from most any article on this subject to be inaccurate and/or typically misleading. Such erroneous...

In my last analysis from 7th of September I thought that Gold would hold up well above the US1,240.20 level. Obviously I was wrong as Gold had a terrible month and plunged all the way down to US$1,183.30. If you followed my recommended stop-loss swing traders should...

The market action of the past two weeks has confirmed that SPX is currently in primary wave IV of the bull market. It is also likely that wave IV is evolving into an A-B-C corrective pattern, and that wave A has probably been completed at 1821. Wave B has already...

Two weeks ago (October 3rd) I noted the bearish NYSE 52Wk High & Low data that began just days before the Dow Jones reached it latest all-time high on September 19th. I included the table below (with data updated to October 3rd), along with the following...

Franco-Nevada Corporation (FNV) is the Big Daddy of the Canadian gold market. It is listed on the Toronto Stock Exchange (TSX) with a market capitalisation of around CAD$7.8b. Its main interests are its North American gold assets but it is a truly global company...

A wild and tough week that saw some major declines and large swings. I did say here last week that “Cash is the most important position to take at times and now is that time.” Subscribers get much more detailed information on a nightly basis and we did hit a few...

Does the Current Market Volatility Signal A Trend Change in Sentiment?

Long term – on major sell signal since Mar 2012. Short term – on mixed signals. Gold sector cycle – down as of 8/8. COT data suggests a tradable bottom is not in yet for the metals.