Gold Editorials & Commentary

We called the exact top in gold to the day in the last update 3 weeks ago, as it has since reacted back. Now the picture is more messy, with conflicting indications, but let’s see what we can make of it. There was no update for these 3 weeks as we were waiting for...

We saw more consolidation and chop for markets and stocks this past week, while even good earnings numbers aren’t helping stocks move higher. Moreover, we started to see some weakness come into the market Thursday which has begun to rock the bulls.

I first learned the significance of electrical power demand (EP) just after the Berlin Wall came down in 1989. With the collapse of the Soviet Union, the western intelligentsia was thrown into disarray with the discovery that intellectuals managing an economy could...

Long term – on major sell signal since Mar 2012. Short term – on sell signals. Gold sector cycle – up as of 6/20. COT data suggests a top is in for the metals.

And the matador strikes a serious blow! The bull is grievously wounded but it’s not ready to give in. Not just yet anyway. While the matador’s sword plunged deep into the bull, it wasn’t the killer blow. And if I’m right, the same can be said of this week’s plunge...

Earlier in the year, we stated 2014 could be like 2013, price-wise, and that appears to be playing out. However, as the idiom goes: appearances can be deceiving, and it is certainly true of the chart prices for gold and silver. The natural forces of supply and...

What is hard about investing? It's not the simple mechanics of investing. Nowadays if you have the money, it's easy to open an online trading account and start trading. You don't even have to talk to anyone usually, just mail in a check to the broker and off you...

I don’t normally write twice in a day.  However, it’s late Thursday afternoon and after watching what could be the “beginning of the end” of thre

Today’s AM fix was USD 1,284.50, EUR 959.16 and GBP 762.99 per ounce. Yesterday’s AM fix was USD 1,295.00, EUR 966.92 and GBP 767.36 per ounce. Gold fell $14.60 or 1.13% yesterday to $1,282.10/oz and silver slipped $0.25 or 1.21% to $20.37/oz.

Ignore the hype regarding gold, bonds, booms and busts, hope and chains, “shock and awe,” stock market crashes, “money honey” commentary, and ignore the politicians. Don’t obsess over High-Frequency-Trading and market manipulation. Instead, focus on the big...

For the first time in at least a couple of years, gold mining stock returns are outpacing those of the yellow metal itself.

Sometime this fall, the Federal Reserve will remove the punch bowl it has had out for more than 5 years. That is one long party! What will the party goers do when that bowl gets removed? The punch bowl to which I refer is Quantitative Easing (QE). QE was the Fed...

Let me start the proceedings with this — a repast on the nature of the human predicament 2014. Below is a follow-up to Richard Russell’s stated concerns (scroll below) on the persistence of war and inflation in human affairs. I do not bring this line of thinking...

The contributors are many as actors in the American Tragedy, to cause the systemic breakdown failed state. Faulty monetary policy, economic policy, and political policy have caused the resulting failure. The primary perpetrators are the central bankers, led by...

At the end of the Sixth BRICS1 Summit in Fortaleza, Brazil on July 16, 2014, the leaders of the BRICS countries announced the “Fortaleza Action Plan.” This plan is in the context of the Fortaleza Declaration, i where the leaders reinforced their position that BRICS...

In their infinity wisdom the Fed thinks they have rescued the economy by inflating asset prices and creating a so called "wealth affect". In reality they have created the conditions for the next Great Depression.

I now belatedly realize, with crystal clarity, that being an “inert carbon blob” is a reachable goal for me. Thus, ‘tis my new plan for my remaining retirement years, since it has no age restrictions, takes no effort, and has zero cost, but, happily, does involve a...

"Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.

Last week, the main drivers behind the gold prices were the situation of the Malaysian Airlines jet downing in Ukraine and Israel’s invasion of Gaza. For now it seems that the other hot-spots especially those in Syria, Libya and Iraq have been temporarily forgotten...

While we are busy arguing whether the Fed’s exit will consist of rising rates, reverse repos or the trimming of its massive portfolio, the Fed may well be fooling all of us. Investors must have been swallowing lots of blue pills not to see the illusion hiding in...

No sooner had gold taken a back seat to the soaring stock market, when it did an about face! Tensions in the Middle East and Ukraine pushed gold up. The Fed then fueled the rise by again affirming a low interest rate policy. But a firmer dollar and better economic...

If you were investing in 1994, you probably recall it was a difficult year. Notice the similarities to 2014 in the text from The Economist below: CAST your minds back to 1994. The Federal Reserve had kept rates at (what seemed then) the low level of 3% for three...

It’s earnings season once again, and though only a quarter of the Russell 1000 has reported so far, the news is just north of positive. All signs indicate that the market has dusted itself off and is back to its cheerful self after a ho-hum first quarter, which was...

Gold is one of the best performing asset classes in 2014, outpacing the stock market by a wide margin. This is good news for gold investors, after a painful few years of correction and consolidation. Yet, if you watched only the mainstream financial media you would...

Markets often do talk to us, if only we would listen. Our ears serve as only part of listening. An open mind is also required. Regrettably, minds receptive to new thoughts and questions have been somewhat outmoded in the investment world for many years. Why else do...

The market movement unfolds in waves which reflects human nature that does not change. The Elliott Wave Principle is made of motive and corrective waves. Waves 1, 3 and 5 are impulse waves as they move with the trend, Waves 2 and 4 are corrective waves as they...

Wall Street incessantly bombards the media ad nauseam with their hoopla regarding stock investment returns. But let’s take a careful look at what several investment alternatives are available. We will discard out of hand a saving’s account in your local bank…as...

In this Weekend Report I would like to show you an in-depth look at two important precious metals stock indexes, the GDM and GDXJ. The reason I want to show you these two PM stock indexes is because they correspond with the 3 X leveraged etf’s, GDM for NUGT and the...

The SPX does not seem to be quite ready to start an important correction, but this may not be the case after it makes a new, and potentially final, high. The current near-term decline could have ended on Friday, or may do so on Monday. The picture would be...

Since 2007, the world’s Central Banks have collectively put more than $10 trillion into the financial system since 2008. To put that number into perspective, it’s equal to roughly 15% of global GDP.