Gold Editorials & Commentary

Gold has moved to the front burner. It’s risen nearly 11% from its December low to a 3+ month high. So 2014 is off to a good start.

Trading position (short-term): In our opinion no positions are justified from the risk/reward perspective. On Thursday, crude oil moved lower as the U.S. dollar strengthened after solid U.S. economic data and stocks of distillates fell less-than-expected. Despite...

Gold stocks have been on fire this year, blasting higher to 2014’s pole position of best-performing sector. And this powerful rally’s internals are looking as good as its headline gains. The recent months’ gold-stock buying has been on big volume, with large...

Chart Analysis Silver, Double Bottom, Metals Sector & Gold Stocks via videos

Gold has so far enjoyed a terrific start to the New Year, most recently closing at its highest level late October 2013. It has even succeeded in closing above its psychologically significant 200-day moving average for the first time in over a year.

The wall of fiat money created over the last five years is staggering, offset only by the stasis that pervades its exchange. Money velocity is the key variable that will signal the character of confidence and the next wave of inflation.

When US money supply measured by M2 stood at $11 trillion in December 2013, I calculate that total broad money of the next largest 50 countries ranked by GDP amounted to the equivalent of a further US$67 trillion at current exchange rates. And that's only on-balance...

Major bottoms in any market or sector usually produce big rebounds and big gains for those who are correctly positioned. For some, the initial strong gains create trepidation that the market will experience a big correction or revert back to the previous bear market...

According to the latest study by the Financial Stability Board (FSB) the unregulated $72 Trillion Global Shadow Banking System is now larger than the global regulated banking system. How could an unregulated and opaque industry, which is larger than the entire world...

As will be demonstrated herein, using both historical and present-day events, key aspects of current deflationary theory can be characterized as the combination of 1) an absurdity; 2) a misunderstanding; and 3) an oversimplification; all working together to create 4...

The history of gold is an interesting one. Its use as a type of currency dates back to the fifth century B.C. Coins uncovered in Turkey from that period contained close to 100% gold alloy. Since the value of a coin was based solely on the amount of metal it...

To Westerners, China has always been a mystery. The huge population of very smart, hard-working people. The succession of unfamiliar, authoritarian governments. The sense that they're playing the long game while we're obsessed with quarterly reports - and that they'...

Where Indian companies barely feature, Chinese gold players are making a move... A BUSY OLD TIME in the bullion market for "unnamed sources". People close to the matter apparently told the Wall Street Journal that India may cut its 10% gold import duty to 8% or 6%...

In short: In our opinion, no positions are currently justified from the risk/reward perspective. Not much happened in gold and mining stocks this week, but silver moved higher. We sometimes saw this type of divergence right at the local tops, but it was not an...

If gold is entering a new bull market then it’s a great time to get in. Technical evidence is mounting, big volume is coming into gold mining ETFs and they are leading the market. Take a look at the monthly volume on the Junior Gold Miners ETF GDXJ. After a huge...

The rabbit hole was detected long ago, leading to multiple examples of Jackass epiphany. Many clients and inquisitive followers have asked how and when the conspiracy and deep plots were recognized. A sequence occurred to produce the newfound awareness, in certain...

On a weekly basis, our investment team shares the most important events in gold, resources, and emerging markets. The results are categorized in terms of strengths, weaknesses, opportunities and threats. We believe this SWOT model helps investors make informed...

For the past few years, the citizens of China and India have been in the “gold buying spotlight”. I’ve hinted that the citizens of Japan could soon become another source of sizable demand.

Six years ago the well-known investment bank Bear Stearns imploded. In February 2008, Bear Stearns stock traded as high as $93; by mid-March the insolvent company agreed to be taken over by JPMorgan for $2 a share (later raised to $10 after class-action lawsuits)....

Gold prices surged last week smashing through several key resistance levels including the psychologically important $1300 an ounce level. Gold prices continued to advance last Friday for an eighth session in a row, gaining almost 5% for the week, fuelled by a...

It has been awhile since I have posted on the web and thought this was an appropriate article to share. This article focuses on technical analysis of 3 currencies and the US Dollar Index. A lot of the technical indicators I follow are universal, but the way in which...

Our original intention was to explain where we agreed and disagreed with the article by Cullen Roche at "Pragmatic Capitalism" (is there any other kind of capitalism?) titled "The Biggest Myths in Economics". Instead, while we are still going to refer extensively to...

The US just released US Retail Sales details warn of an alarming problem. 2008 may have been a crisis brought on by US Residential Real Estate, but 2014-2015 is likely to see the next wave triggered by US Retail Commercial Real Estate. The Fed, Banks, Insurance...

Precision timing for all time frames through a multi-dimensional approach to technical analysis: Cycles - Breadth - P&F and Fibonacci price projections and occasional Elliott Wave analysis

The dollar dropped a lot more this week than it has in any one week for a long time. Measured conventionally, the gold price spiked $51, and the silver price by $1.47. Gold owners have 4% more dollars, and silver owners have 7.4% more dollars. However, those dollars...

Mr. Gold-market has finally and clearly spoken. We are back above the 200-MA (US$1,309.79) for the first time within a year.

TheChartStore.com’s Ron Griess and I go back a lot of years. He is one of the top technical analysts around and we have used his charts at this site almost from its beginning in the 1990s, and before that in the old News & Views newsletters. One of his most...

In the first chart below, we show the big picture for Gold. Gold bottomed July 20th, 1999, wave II’s bottom. Since then, wave III up has been one of the all-time greatest Bull Markets in Gold. The question this weekend is, is Gold’s long-term Bull market from the...

Gold lovers’ hearts are beating faster this week, as the metal rose above $1,300 an ounce for the first time since November. The precious metal also climbed above its 200-day moving average, which hasn’t happened in about a year.

Gold broke out decisively last week from its downtrend dating back to last August, a development that was confirmed by a dramatic high volume breakout by silver on Friday. On its 8-month chart we can see that gold broke out both from its downtrend and also from a...