Gold Editorials & Commentary

For us the answer is obvious. Additionally, analyst Jeff Berwick has his views: Can Central Banks Go Bankrupt? But if you are confused about what a central bank is, this reply to an un-named but popular competitor might be as good as any place to start. If it takes...

Enter the Dragon. China’s push to challenge U.S. dominance as the global economic superpower and to challenge the dollar as a global reserve currency involves gold – “a lot of gold.”

A TDV subscriber forwarded us an article that said the Federal Reserve was dangerously close to going "bankrupt," stating, "In direct figures, the Fed has $4.485 trillion in assets, but a whopping $4.428 trillion in liabilities, leaving only $57 billion, or about 1....

Historically low bond yields across both the private and government sectors are reducing the margin for error when it comes to the ability of the markets to withstand a bond market shock.

You’re likely thinking that a discussion of “sound banking” will be a bit boring. Well, banking should be boring. And we’re sure officials at central banks all over the world today—many of whom have trouble sleeping—wish it were.

A common refrain from commentators over the last year or so is that the bull market in US equities is “long in the tooth.” The very use of this phrase implies a market which has reached a stage of decrepitude from which only bad things can result. “Long in the...

The upcoming FOMC meeting on April 28 – 29 could keep COMEX gold prices under some pressure. Regardless, influential Western bank economists continue to focus more on events in Asia. In the West, gold is mainly associated with extremism. Fear of impending...

Look, there are so many things going on in the world that it's easy to overlook, or simply miss, some of the major news items of the day. One such story caught my eye yesterday and it occurred to me that it definitely needed our attention.

The Gold price fell last week as forecast. It is beginning to look weak -- and anyone with a bullish bias should be concerned at its lacklustre performance over the last couple of weeks. In view of this, we forecasted a much larger decline than we actually got....

Russia increased its gold holdings by one million ounces in March, bringing its total reserves to nearly 40 million ounces or 1,238 metric tonnes. The Russian one million ounce gold purchase is a large one even by Russian standards as in recent years they have...

Gold, now well into year four of a bear market, continued its familiar pattern on Monday: one step up, two steps back. My long-term correction target remains $810, although I’ll always keep an open mind about trading from the long side, or even initiating a long-...

For the past decade, junior mining companies have outperformed senior miners at finding new mineral deposits and generating wealth for investors.

This past Friday, Dave Kranzler of Investment Research Dynamics put out a very thoughtful article and chart regarding the spike in “reverse repurchase agreements” RRP’s held at the Fed.

I apologize ahead of time for the length of this post. The extreme length is a function of Harry Dent’s most recent diatribe on why you should not own gold and why should “sell it short when he tells you to”. Mr. Dent has so many incorrect thoughts and what he...

It’s Friday afternoon, and global stocks have had a very, very bad day. After the Chinese stock market closed for the weekend, its regulators, in their omniscient wisdom, decided to increase the amount of permitted “shortable” stocks. Consequently, Chinese stock...

Gold and silver are the best preservers of your capital when other currencies fail, especially because you don’t have loss of purchasing power or loss of opportunity costs because interest rates are almost zero or negative. The question is when the dollar reverses...

The Greek government and its “partners” appear to be reaching the end of the road in their negotiations to release the final €7.2 billion of its €240 billion bailout deal.

Gold traders remain divided amid speculation over the timing of U.S. interest rate increases. Survey results show seven bullish, six bearish and six analysts with a hold recommendation. As of April 3, Shanghai Gold Exchange withdrawals stood at 647 metric tons (Mt...

Since 2011 the financial markets have been dominated by rises in paper markets and declines in commodity markets. Group One Paper Examples: T-Bonds, US Dollar Index, S&P 500 Index. Group Two Commodity Examples: Crude Oil, Sugar, Wheat, Gold, Silver.

Inflection Point: An inflection point on a chart is an area where the price action can break either up or down. It’s an area of confusion that makes investors go nuts. You know a strong move is coming but you aren’t sure what direction the move will go. I believe...

Until the times of R.N. Elliott, the world applied the Newtonian laws of physics as the primary analysis tool for the stock markets. Basically, these laws provide that movement in the market was caused by outside forces.

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

I don’t think medical doctors have diagnosed the condition yet, but Gold Bugs know that it exists. The affliction expresses itself as a constant desire to find bullish indications in every precious metals chart or article.

When it comes to investing in gold, for the most part, the U.S. Gold Market is completely insane. I am not blaming Americans, as they have been totally brainwashed by the U.S. Treasury and Federal Reserve into believing that gold is something you wear, not invest...

The price of gold made a weekly reversal candle and closed above the 10-Week average. It appears to be setting up a move higher over the next 4-6 weeks likely targeting the $1,300 level.

Institutional ‘smart money’ is historically always ahead of the Pollyanna masses, who only listen to the incessant blah-blah from commission hungry brokers. Traditionally, institutional smart money investors are late to enter a secular bull market…but on the other...

One might even substitute the word "flight" in the above title with "fight", for 1200 is proving more and more to have become a battle line in the sand for Gold. You may recall from three missives ago (28 March's "Gold Managing The Madness") that upon first...

The ongoing narrative is that there is a positive correlation between monetary stimulus and the price of gold. However, as you probably know by now, precious metals collapsed during the Fed’s QE to infinity program. The long-term gold chart (first chart below) shows...

You may think that this is April 2015, and for those who follow the calendar that is exactly correct. A month ago I couldn’t let Fluffy out at night without exposing the little girl to frostbite. Today the grass is green, trees are budding leaves and the wild...

When determining if a bull move in gold is a probability, a good indicator can be found in the relationship between the junior and senior gold miners ETF’s. If a bull move is occurring, the junior gold miners ETF (GDXJ) should show indications that it will...