Gold Editorials & Commentary

Gold & Silver Key, GDX Tree Pruning, GDXJ, SIL Ascending Triangle, Key Junior Stocks & Precious Metal Stock analysis via videos:

Gold has been fairly volatile so far this year, seeing plenty of big daily surges and selloffs. But with all these largely netting out to the sideways grind of recent months, gold’s price action has been frustrating for bullish and bearish traders alike. Gaming...

To hear BitGold founders Joshua Crumb or Roy Sebag talk about their new company, one would think they came up with the idea of individuals transacting in gold or using a debit card to access their gold holdings on their own. While I agree it’s a good idea, it’s...

I couldn’t help but be struck by an article about gold in the Economist in early May entitled “Buried” – The Economist, May 2, 2015. Okay, I know it is three weeks later and I am only now getting around to it.

The chief economist of the world’s third largest bank, HSBC’s Stephen King, has compared the global economy to the Titanic. In a note to clients on Wednesday he wrote “We may not know what will cause the next downswing but, at this stage, we can categorically state...

Nicolaus Copernicus came to similar conclusions even before Gresham in 1526…as he presented them in his paper “Monetae Cudendae ratio” (aka “Treatise on money”). As a result, nowadays we know the following formulation of Gresham`s/Copernicus law:

The giant gold ETF, GLD, reported yet another drawdown in its holdings this afternoon. This time around it was a 3 tons reduction bringing the total holdings to 715.26 tons. That is now up a mere 6.24 tons since the start of the year levels, a far cry from its peak...

The first chart I would like to show you tonight is the long term monthly chart for the US Dollar I showed you a week or two ago. It was coming into contact with the top rail of a massive 30 year falling wedge at 93.50.

China first delegated the management of gold policy to the Peoples Bank by regulations in 1983. This development was central to China’s emergence as a free-market economy following the post-Mao reforms in 1979/82. At that time the west was doing its best to suppress...

An article published last week in the world renowned Russian Pravda.ru site galvanized our interest. Its title is: “China saves up 30,000 tons of gold to topple US dollar from global reign” – See entire article. This article says unconfirmed reports allege that...

Gold is a regarded as a hedge against market turbulence by Bank of America who, in a note to clients, advised holding gold and paper currency at this time. Bloomberg report that Bank of America Merrill Lynch describe the markets as being in a “Twilight Zone” – the...

At Global Gold, I am often asked what we would do if, for example, the US comes out with a confiscation order. My reply is: We would do nothing whatsoever! Why? Quite simply, because no one in Switzerland has the political power to execute such an order!

The latest data for the weekly Commitment of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on Friday, showed that large traders and currency speculators continued to offload their overall net bullish positions in the US dollar...

Yearning for sunnier skies for your gold investments? How’s this sound… Gold in a decisive bull market, with the price steadily rising. Silver soaring and outpacing gold’s gains. Gold stocks rocking, erasing underwater positions and racking up the profits.

In the Western gold community, there seems to be a fairly widely held view that gold prices can’t rise much higher, unless confidence in central banking is lost.

After reaching a high of 1231.90 in yesterday’s session gold has traded sideways. The overnight low was 1216.90. The two options that we are following are:

A few months back I theorized the rest of the world led by a Chinese/Russian alliance might let loose with a "truth bomb" or a series of them. It is clear the U.S. has been on a pathway in the desire to start a war. We have pressed in Syria and the Ukraine but so...

Last week, gold prices gained an impressive $37 an ounce of 3.1%. And, on Monday prices hit a three month high and were trading just above the $1225 an ounce level. Gold prices hit their highest level since mid-February as the dollar’s decline increased investors’...

For a number of years the market presence of commercial traders has dictated the direction in the price of gold and silver. With deep pockets and by trading contracts in the futures market without having to back up their contracts with metal, commercial traders...

High end London property prices crashed 6.3% in the last month while average prices in the city fell 2.3% – the largest fall in nine months, according to Bloomberg. Prices across the UK slipped 0.1% in the same period.

Gold bullion and the Gold BUGS Index (HUI) are close to breaking out to the upside on the daily charts. As shown below, the US$ gold price is butting up against lateral resistance that also now coincides with the 200-day moving average (MA), and the HUI is...

China’s State Administration of Foreign Exchange has announced that the nation is to bring its Current Account reporting in line with International Monetary Fund standards. This will mean that all its reserve assets, including its gold reserve, which is widely...

Now that Gold has pushed to a three month high, it’s clear that my bullish read of the Gold tape is at least partially correct. In the face of recent negative price action, I had managed to remain cautiously bullish given Gold’s position in a new Investor Cycle – it...

There is an old saying in the markets about selling in the month of May (NYSEARCA:DIA) and going away until the fall. Experienced investors in the junior mining sector (NYSEARCA:GDXJ) know that is the busy season for drilling and exploration. I think it may be time...

Many commentators have noted that mainstream economists are calling to do away with cash entirely. It would be easy to scoff at these proposals as completely insane if the Fed hadn’t published a paper back in 1999 suggesting the implementation of a “carry tax” or...

Gold traders remained bullish for a third week on speculation that a weaker dollar will increase demand. Supportive of this survey, Shanghai Gold Exchange withdrawals were 857.7 metric tons as of May 8. Gold imports by India exceeded 100 metric tons for a second...

As an advocate for sound money, I am forever tormented by the egregious and overt growth of asset confiscation. The indirect tax from monetary inflation, bank bail outs and coming bail-ins, moral hazard, two tiers of justice accompanied by the gradual conditioning...

Negative interest rates will only work if the people cannot remove their funds in the form of cash. Once cash is removed from the system then “money” is captured within the banking system and they can charge whatever negative interest rates, service charges and...

A technical analyst is continually looking for warnings of a change in market trend – on any time frame! Warning signs that an important change in trend was coming started to appear several weeks ago, and they have become more numerous and more urgent with every...

The price of gold is looking good this week. This begs the question: Is this the rally everyone’s been waiting for? Here’s what we’re watching…