Gold Editorials & Commentary

New Developments in Asia will have More Impact on Financial Markets than Garbage Rhetoric from the US Fed. The price of gold experienced its longest winning streak since 2012, last week as the price broke through the $1,200 level early Thursday and soared as high...

Earnings may very well have peaked. MarketWatch notes that adjusted profits (even after all of the accounting gimmicks), FELL last year. This is the first time this has happened since we entered the alleged “recovery.”

Deutsche Bank said that after seven consecutive days of gains in the gold market, it has become increasingly difficult to dismiss the rally as merely a function of the recent weakness in the U.S. dollar. Additionally, Saudi Arabia-led bombings in Yemen this week...

For many years, we have written about ‘peak gold’ and the ramifications of the underappreciated peak gold phenomenon for the gold market.

After last week’s air tragedy, maybe a poor thought process but please stay with me. Would you ever get on an airplane if there was no pilot? Would you be confident of reaching your destination safely? Of course not. Whether you know it or not, you are living in...

In this Weekend Report I would like to show you some charts for Natural gas, oil and the GDXJ. First thou lets take a quick look at the US dollar and the Euro which have started to consolidate their most recent near straight line moves. The monthly chart for the US...

A positive week for gold last week…but still just about within our forecast range on a closing basis, as we have mentioned before we expected volatility and nothing within the last few weeks has altered our longer term forecasts. The month of January closes on...

It is so frustrating when top bank analysts ignore the data from the Shanghai Gold Exchange (SGE) and instead rely totally on data from the World Gold Council as supplied by GFMS. The WGC admits itself that its figure of Chinese gold consumption ignores an...

During the last two weeks the model changed to a strong buy signal. The first buy signal that flashed was the GDX Daily-Chart followed by the Gold/Silver-Ratio. A very interesting development was the falling US Real Interest Rate. It went from 0.69% down to 0.49%...

Since the October rally, SPX has been trading in a broad congestion pattern with an upward slant. Any seasoned technical analyst will tell you that this is potentially a bearish formation which, most of the time, signals the end of an uptrend. In this case, it...

Gold positions gained slightly last week Gold speculators and large futures traders edged up their gold bullish bets very slightly last week to stem the decline of the previous seven weeks, according to the latest Commitment of Traders (COT) data released by the...

In my humble opinion, I believe that, as more and more study is conducted into the social aspect of economics, we will ultimately abandon the use of “fundamental analysis” as a main research tool in identifying market direction. In fact, many noteworthy scholars and...

Exactly one week ago, gold was trading close to its multi-year low and a lot of observers were convinced that gold was ready to collapse to $1,000 per oz in a similar fashion as it did in April and June of 2013.

2015's March Madness has well-exceeded the thrilling bounds of a bunch of talented youngsters running to and fro tossing basketballs, an annual State-Side event that captivates millions of us to the extent that seemingly hours of sports airtime are spent alone in...

Let the seller beware! The German citizen/investor who put away a few rolls of 20 mark gold coins (.2304 tr ozs. shown below) in 1918 would have done so at 119 marks per ounce. By early 1920 the previous rapid inflation had suddenly given way to deflation. Had that...

Billionaire Buffett's flagship is Berkshire Hathaway. It is a conglomerate that invests across the US economy. And whereas historically during normal bull markets, Berkshire Hathaway performed much better than the stock indices, when stocks reversed into a bear...

All markets were looking good the previous weekend…but their actions were to the contrary in the week just past. Relentless weakness set in so hard that I had to go back to a cash position for a couple days. However, Friday saw some great “V” bottom type of...

So many “experts” have so much to say in correlating the current prices for gold and silver with factors like how much gold China and Russia have been accumulating, the shortages of and demand for physical PMs, hypothecating, rehypothocating [aka stealing] of gold...

Some analysts have declared the bear market over in gold stocks. That is premature according to simple trend analysis. Currently $HUI is bouncing from support…but until resistance is broken on the upside, the trend remains down and the bear market continues.

The precious metals complex has established a floor of support over the past five months. For Gold it is around $1150/oz and for Silver it is around $15.50/oz. Pick any miner index and you’ll see the support at the November and December lows. These lows could mark a...

US$ ETF, Gold Bull Volume, Silver MA, GDX, GDXJ & 4 PM Stocks analysis via videos.

The XAU is an index of gold and silver stocks. It has been hammered hard since the gold and silver peaks in 2011. The XAU bottomed in November 2014 below 62 at a 14 year low, down approximately 73% from its 2011 high at approximately 230. As of Friday March 20 it...

Geopolitical risk has escalated sharply this week after the Saudi bombing of Yemen and the U.S. House of Representatives voting overwhelmingly for the President to provide offensive weaponry to the Ukrainian army.

The articles we wrote last week called for a critical week in Gold and that either a bottom would form or a capitulation phase might begin. Our service uses a combination of Technical and Cycle Analysis to time and call markets. Over the years we’ve found that...

Before diving into the featured topic, let it be known that the USD-based platforms and USGovt-sponsored continental trade unions are a dismal failure, poorly crafted, poorly sold. The effect will be to accelerate the gradually accelerating USDollar rejection on a...

Before starting, I want to share a comment from “Reader Ed” – which frankly, is one of the nicest compliments I’ve received in my career. In my view, the Miles Franklin Blog is one of the best sources of information about the global economy, financial markets, and...

Many people believe the Chinese are on the cusp of replacing the U.S. in many fashions, I believe this myself. There are others out there who believe the Chinese economy and financial markets will crash and burn with all the rest when the derivatives chain finally...

In our new book The Silver Manifesto, David Morgan and I not only discuss the debt bomb waiting to explode in most every western world economy but also the fact that the Fed will NEVER willingly hike interest rates by any material degree because (i) the monetary...

Geopolitical tensions escalated dramatically over night as Saudi Arabia launched military operations including air strikes in Yemen. The Saudis claim the action is to counter Iran-allied forces besieging the southern city of Aden where the U.S. backed Yemeni...

Worldwide debt is estimated to be between $200-$300 TRILLION and getting worse by the day. It becomes a sort of self fulfilling prophecy (increasing debt), whereby the economies can’t face tighter credit conditions but are in need of even more lax credit conditions...