Gold Editorials & Commentary

It took another week for the top formation to ripen and, if my indicators can be trusted, it now looks ready to pick! Besides negative divergences in all the daily and hourly oscillators, a P&F projection has been reached, and the sentiment indicators are also...

Here are a some previously unpublished dust-jacket notes written over the past few months — observations and reflections, some a little lengthy some short and sweet, strictly for the advanced gold owner.

With the gold fever that took place on Thursday I thought I’d post my two cents worth as to what it all means, or doesn’t mean. I was initially going to do my normal long, intermediate and short term technical summary of the gold action but after looking and...

Long term – on major sell signal since Mar 2012. Short term – on buy signals. Gold sector cycle – up as of 6/20. A tradable bottom is in progress.

A bit of a strange week for markets and many stocks as they looked strong and should have moved but they didn’t do much in the end. Maybe it had something to do with the quad witching Friday.

Mendacity, like Janet Yellen’s “growing economy”, is a system of lies. With “economic growth” managed by politicians, economists and bankers how else could it be? These self-described “policy makers” are comfortable dealing with half-truths and deception....

They say the third time's a charm - and if the narrowed range that has confined silver over the past two years is any indication, those participants patient enough should be rewarded handsomely for their extended stay on the long side of the field. Going into this...

When the US Federal Reserve bought an 80% stake in American International Group (AIG) in September 2008, the unprecedented $85 billion outlay was justified as necessary to bail out the world’s largest insurance company. Today, however, central banks are on a global...

In a break from a thematic undertone to link to gold and silver, here are some ramblings that are more underpinnings to the core problems that have left people unfocused and dealing with symptoms, no matter how they may seemingly appear to be core issues.

There has always be manipulation, from the smallest levels (individual professional traders) to large size (Inv.Banks & Hedge Funds) and finally the government/central bank. The point I do not agree with is that they can “ultimately” control any market, even...

With both gold and silver putting in big moves higher the past week, I thought it would be timely to investigate both charts and see if anything can be gleaned from them. I have used the weekly charts of both commodities to do this. Let’s begin with the gold chart...

Chart Analysis Gold Breakout, Silver $26 Target, GDX Pause & GDXJ Bull Flag Charts Analysis via videos.

Gold stocks have surged dramatically in recent weeks, defying the odds to catch a serious bid. Extreme bearishness still plagues this sector, which is certainly the most despised in all the stock markets. So why are investors returning? The universally-hated gold...

Half of 2014 is nearly behind us, and little is turning out as popularly expected. That is unless one was watching development of the past year with an unbiased view. As can be observed in the following chart, the GDX, a Gold stock ETF, has been a stellar performer...

Gold and silver both climbed above key resistance levels today at $1,290 and $20, respectively. Gold shot up $40 or 3.2% and silver was up $0.96 or 4.8% today alone. Most of the stocks in the GSB model portfolio were up 6% or more, while our latest portfolio...

The chart of the S&P500 is one everyone who is long the market should be worried about. In terms of bull markets, while the current one may not be the most powerful one following a 50% or more collapse in the market it is one of the longest. This current bull is...

June is busting out gold and silver and all over the junior miners (GDXJ) which is up close to 30% this month alone. Are the blacks swans waking you up from the summer doldrums?

June Lows Often Mark the Beginning of a Long Rally in Gold and Silver.

Most investors or would-be investors in Precious Metals stocks are so soured by the seemingly interminable bearmarket in the sector, that has gone on for 3 years now and been made even worse by its having unfolded against the background of a rising stockmarket, that...

The first chart I would like to show you is the BPGDM that shows you what percent of the big cap PM stocks are on a buy signal using the point & figure chart. After trading sideways for most of June the BPGDM finally gave a buy signal yesterday after being...

First of all, it is important to keep in mind that Miners are extremely undervalued and the down move in Metals was a cyclical bear market within a secular bull market which means that the primary trend is up. Bullish price action and bullish patterns have been...

We cannot understand today’s gold market without understanding the role China and, in a different way, India play in it. The gold market in general is very opaque and the Chinese one, in particular, is even more. In this article, I will look at China’s role in the...

India is now, according to The World Gold Council (WGC), the world’s second biggest consumer of gold having been surpassed by China. However, India remains a major player in the gold market. In this article, I will look at the importance of India in the gold market...

Gold has failed to break-down significantly from the tight coil pattern it created over a 2-month period. Failed breakdowns often mark key reversal points in markets, especially after moves that take a while to play out. In a downtrend, the duration of the move...

The FIFA World Cup and market predictions have in common that we are tempted to create a world of make-believe when it comes to predicting outcomes. While others ponder about the meaning of a round ball, we’ll focus on the implications of a make-believe world...

Echoes from the old GOLD-EAGLE Forum from late 2010:
In rampaging through my old WORD docs, I found the following post, which may be of interest today...as the first two gold price objectives have been achieved.

Ok, it could be another head fake (there have been plenty) but the latest move in the gold stocks looks strong enough to be the real thing, even though its just begun. If it is it will represent a very different outcome for the sector though the summer than most are...

Today is a very important day at City Hall in London, England. Central bank research group OMFIF is presenting a blockbuster report on public sector spending. I think that everyone in the global gold community should take note of it.

Yesterday, we assessed the Fed’s failure to accurately assess the real problems of the economy. In simple terms, the Fed under the guidance of Alan Greenspan, was terrified of deflation hitting the US. Greenspan hired Ben Bernanke, an alleged expert on deflation and...

One of the best performing markets this year is Canada. The Toronto Stock Exchange (TSX) has gained over 10% this year. That is more than twice as much as the SP500 which has gained 4.75