Gold Editorials & Commentary

Decades ago, we used some quips attributed to the "trading floor cynic." After more than fifty years in the markets and after reading so much of financial history one might become jaded about the markets. Not in these pages. There are very few stock market trading...

China is in the late stages of constructing its thirteenth five-year plan, a process that commenced over a year ago and will result in a first draft in October. While the bulk of the plan will concern regional and domestic development, it is the international...

Even though the former Chairman of the Federal Reserve is now getting paid privately for his economic and market prognostications, he is still unable to identify or acknowledge the monumental bubbles that central banks have engineered.

One (perhaps the only) bright spot in the past few year's gold market has been Chinese and Indian demand for the metal. Here's a chart, courtesy of Ed Steer's Gold & Silver Daily, showing that the two countries have imported a cumulative 15,000 tonnes since 2008...

Blockchain.com, which claims to be the maker of the most popular Bitcoin wallet, suffered at the weekend what the Guardian describes as a “total crypto breakdown”, highlighting once again the vulnerability of electronic and digital currencies to human and...

The War on Cash is now going into hyper-drive. In the last 24 months, Canada, Cyprus, New Zealand, the US, the UK, and now Germany have all implemented legislation that would allow them to first FREEZE and then SEIZE bank assets during the next crisis.

Goldman Sachs’ chief equity strategist, David Kostin, said that “by almost any measure, US equity valuations look expensive”, which echoed Robert Shiller’s earlier opinion. Is the U.S. stock bubble finally going to burst? How will it affect the gold market?

Finance and economic writer David Morgan thinks the global economy very likely could take a sudden turn for the worst. Morgan says, “There is going to be a panic buy into the metals…and there is only so much to go around. Here following is an interview with David...

The European Commission has ordered 11 EU countries to enact the Bank Recovery and Resolution Directive (BRRD) within two months or be hauled before the EU Court of Justice, according to a report from Reuters on Friday.

No one ever mentions the 100’s of billions of dollars in fines and penalties doled out to the biggest banks all over America and Europe, on an almost daily basis and yet without even one single indictment and of course no prosecutions.

We measured every bull cycle of gold stocks and found there have been eight distinct upcycles since 1975. We also discovered something exciting: Only one was less than a double. (A second was 99.9%.)

Gold rallied to 1194.80, in the overnight session, at the time that this Post was being written. As we said in yesterday's End of Day Post we now appear to have a three wave rally in place from 1181.10 to 1204.60, which suggests that gold is going to be dropping...

You really have to wonder how it is that so much is going on all around us…and yet almost nothing is being reported by the mainstream press. I know it is hard to do, but imagine yourself 20 or 30 years ago, could what is currently happening ever be "slept through"...

The month of June is typically a boring one for gold and silver price action, although the latter half of the month tends to be a bit better for gold.

Last week, the global gold market was rather subdued as the upward momentum in prices ran out of steam hitting resistance at around $1220 an ounce.

Has the tide turned, or is the dollar merely taking a breather? Is the euro’s recent bounce off its lows just a dead cat bounce, or is it a sign of other changes to come? Why has gold not rallied with the recent retreat of the dollar? What dynamics might be...

Gold continued to react to the heavy resistance it hit previously - this should be a worry for the bulls. We expected May to be a bad month but it ended with a small gain, a higher high and higher low for the monthly candle. We have been urging the bulls to be...

An emergency meeting was held in Berlin last night between Angela Merkel, Francois Hollande, EU Commission President Junker, Christine Lagarde of the IMF and ECB president Mario Draghi. The meeting was reported to have continued past midnight.

This is the second in a series of musings and accompanying videos with Vancouver-based Cipher Research Ltd, which evaluates exploration and mining companies for investment. Once again, we assess a segment of the gold resource sector.

For those that have read me before, you know that I am an Elliott-Wave Technician. That means that I use Elliott Wave analysis as my primary methodology of analysis. And, as I have noted before, it is this methodology which allowed me to call the top in gold price...

GDP shrank at a 0.7 percent annualized rate in the first quarter, lower than the previous 0.2 percent growth estimate. With the expansion stalled, the Federal Reserve may be inclined to hold interest rates at record lows longer to ensure sustained growth.

A “black swan” event occurred at a gathering of outlaw bikers on Sunday, May 17 in Waco, Texas. According to news stories a fight broke out between several motorcycle gangs at the Twin Peaks restaurant. At least nine bikers are dead, another 17 were injured, and...

Rather than write about the economy, the markets or geopolitics, today let's look at something a little different. It's important every once in a while to step back and take in the big picture, because we are all guilty of getting too close or "finite" if you will...

On shorter time frames the gold sector has been viewed as being on an ‘anti-USD’ inflation bounce. This bounce scenario in gold stocks and commodities took a hit last week with the US dollar’s strong bounce.

In this Weekend Report I would like to show you some old charts that we’ve not looked for the most part, in a long time. Some of the long term members may remember some of these charts that go all the way back to when we first opened our doors at Rambus Chartology...

Another week passes and once again, the word best used to describe the price action in gold is, “YAWN”. As in boring; as in repetitive, as in comatose, as in going nowhere.

In the previous article, I noted that the SPX could have made an important top at 2134.72. Last week’s action has done nothing to disprove this view, but neither did it confirm it. Most indices appear to be waiting for a catalyst which will enable them to start a...

The latest economic data are not very encouraging. For instance, the Q1 Gross National Product in the U.S. data pointed to an economic decline of -0.7%. It was the second consecutive year in which the economic activity declined quarter-on-quarter. That has not...

We have a conflict in time, this weekend, so we are presenting charts only, since they provide the best information about what the market is doing, especially when almost all fundamental data has not produced the positive results they appear to indicate.

We'll save the mathematical rationale of Gold reaching 1400 in 2015 until this article's dénouement, as there first are more timely items to consider. Quel drame! Just stay with us.