Gold Editorials & Commentary

Goldcore Research Director, Mark O’Byrne was recently interviewed by Max Kaiser in London. Although gold prices have been flat for a number of years there have been some very interesting developments in that time.

Measuring wealth with an ever-expanding ruler makes for a carnival illusion of safety, suspended in a vast, uneven web of complexity. The longer society and culture remain detached from the nature of true wealth, the more fragile we become to ‘normal’ risk....

The most common complaint I now hear as to why many are fearful of investing in precious metals is that they feel they have been “manipulated to go down.” While many investors have been scared into believing this perspective by many market pundits as the metals...

Going forward, economic and stock market uncertainty will rise. As this happens, without a doubt, gold will do what it does best: protect wealth for investors. Uncertainty will be mainly driven by three factors: the Federal Reserve; a struggling global economy; and...

The Fuse on the Global Debt Bomb has been lit. We are now officially in the Crisis to which the 2008 Meltdown was just the warm up. The process will take time to unfold. The Tech Bubble, arguably the single biggest stock market bubble of all time, was both obvious...

American industrialist J. Paul Getty once said: “If you owe the bank $100, that’s your problem. If you owe the bank $100 million, that’s the bank’s problem.” And when the amount is $1.73 billion, it’s everyone’s problem. Greece is officially in arrears for missing...

I linked Barry Ritholtz’s gold bug swipe along with other items in an Around the Web post. Anything linked (or republished from guests for that matter) on this site is to be taken as 100% their view, not mine. You, the reader are tasked with using your own brain...

"It is related of the illustrious Sandy McHoots that when, on the occasion of winning the British Open Championship, he was interviewed by reporters from the leading daily papers as to his views on Tariff Reform, Bimetallism, the Trial by Jury System, and the Modern...

The USDollar is on a collision course with imminent death. It is utterly amazing that so many supposedly smart analysts and highly paid wealth managers cannot see the obvious path on which the USDollar treads, limps, and struts proudly, dangerously, and abusively,...

The situation in the precious metals market remains bearish and based on this week’s disappointing performance of precious metals and very weak performance of mining stocks (and the breakdown below the critical support), it further deteriorated. It’s not extremely...

So last week to the surprise of many…and in spite of an impending Greek default (or arrears as a default has now been renamed!) gold ended the week down. This was in line with our forecast published every Sunday before the markets open. We have maintained our...

Puerto Rican Governor Alejandro García Padilla addressed the island’s people about $73 billion debt. With all eyes on Greece it would seem another crisis relating to unpayable debt is brewing in the Caribbean. The governor of Puerto Rico, Alejandro García Padilla,...

While not many pay any attention to these two larger time frames, especially the Quarterly, both are more controlling and receive greater attention from smart money players. These time frames are not at all used for market timing, but they do show the dominance of...

I am watching the latest on goings in Greece from deep on the sidelines. One analyst after another suggests that Greece is on the verge of imploding. And, we have been warned so many times that such an implosion will have a dire effect upon the Euro, as well as...

Not that almost any and all news today is enough to make you scratch your head, two pieces of news yesterday were bombshells! I am talking about Greece's stance of staying IN the Eurozone and the Zerohedge article regarding JPM "cornering" the global commodity...

Gold was weaker in the overnight session reaching a low of 1169.10, at the time that this Post was being written. It appears that wave .b. of our wave -d- triangle is not complete at the 1168.10 low, as we had previously suggested so we are now expecting another...

As the crisis in Greece (and now Puerto Rico) intensifies, Global markets (except gold) are tumbling. Greek banks are closed, and the situation looks grim. Incredibly, the enormous volatility seen in US stock markets yesterday could intensify, when the US jobs...

Now that we know Greece will default, where do things go from here? Before getting to that very tough question (with no concrete answers), I would ask another stinging question. "Was a Greek default really "already in the market"?

Despite the fact that the Greek government has now imposed capital controls and has instructed banks to close for this week, the price of gold had a rather muted response while global equities experienced a sharp sell-off.

I was recently sent an article containing the claim that during the next financial crisis and/or stock-market crash there will be a panic ‘into’ the US dollar, but that unlike previous crises, when panicking investors obtained their US$ exposure via the purchase of...

Amidst all the talk about “Grexit” ( are the rest of the readers as sick of hearing about this as I am at this point?), one thing being overlooked, especially by those who keep calling for some sort of rip roaring surge higher in gold and silver, is the fact that...

The GDXJ is at an important inflection point right here and now. As you can see it’s sitting right on the neckline of a small H&S top that has formed at the fourth reversal point on the potential bearish falling wedge. A break of the neckline will almost assure...

Demand for gold coins and bars from European investors has increased significantly in the past month as the Greek crisis enters a new phase. As reported in our statement – to which Bloomberg referred in their piece – we saw a significant increase in demand from the...

All markets are cyclic…Bull Markets eventually end and Bear Markets ultimately end, regardless of asset class. It is Wall Street gospel that cycles are immutable…only duration and magnitude vary.

A true contrarian knows that when everyone says an interest rate hike by the Federal Reserve would kill stocks, that is the best time to double down on junior mining names. In this interview with The Gold Report, Gold Stock Trades author Jeb Handwerger shares the...

The Shanghai Gold Exchange is expected to receive approval from its central bank for a yuan-denominated gold fix soon, according to Reuters. If the yuan fix takes off, China could draw buyers in the mainland and foreign suppliers to pay the local price, making the...

I was feeling particularly low, having sunk into a sloppy, self-pitying, tequila-fueled, drunken introspection after (again) failing to achieve blissful Nirvana, this time per my wonderful new (“Why didn’t I think of it before?”) theory, which is to finally attain...

As we have been noting throughout 2015 thus far: There is no recovery. There is only the bond bubble. And everything has been done to prop it up because when it bursts (as all bubbles do), entire countries (including the US) will go bust. Greece is just the first...

Greeks line up to an ATM in a run on Greek banks. Greece embarked on capital controls as talks over the weekend between Tsipras’ leftist government and foreign lenders fell apart. All banks and the Greek stock exchange are closed today. Greek citizens cued in long...

Make no mistake; the Greek crisis is a euro crisis that threatens the solvency of the ECB itself, and therefore confidence in the currency. Before going into why, a few comments on Greece will set the scene.