Gold Editorials & Commentary

Gold’s worst year in memory was largely the result of extreme gold-ETF selling. A flood of gold supply hammered gold prices as stock investors around the world aggressively dumped gold ETFs. They were rotating out of gold to chase the Fed-driven stock-market...

Long-Term nothing has changed. Precious Metals bull market continues and is moving step by step closer to the final parabolic phase (could start in summer 2014 & last for 2-3 years or maybe later).

WHOLESALE gold in London reversed a sharp drop Friday lunchtime, recovering a $20 plunge on the release of US jobs data to trade back above $1230 per ounce, heading for a 1.7% drop on the week.

The US Federal Reserve bond monetization support for government finance support, financial markets, banker welfare, economic props, redemption coverage, and liquidity fire hose functions will continue to expand and definitely not diminish. Only the brain-dead, the...

In 2013 the Indian Government raised import duties to 15% on gold. It then prevented the import of gold unless 20% of that gold was exported. Now this is blocked too. What impact has this had on the gold price? Here we look at the relevance of these moves to both...

In our previous essay we focused on the oil-stocks-to-oil ratio and its implications for oil stocks. However, at the end of November we checked this ratio to find out what impact it could have on future crude oil’s moves

There is no doubt that the S&P 500 has made new all-time highs. So has the Dow Jones Industrials (DJI) and the Dow Jones Transportations (DJT). The NASDAQ has not. Gold made new all-time highs back in September 2011. Despite the elation over the new all-time...

The PRICE of gold fell hard Thursday lunchtime in London, giving back all of yesterday's sudden 3.1% jump to trade back at $1223 per ounce after stronger-than-expected US economic and jobs data.

Throughout most of 2013, gold futures have been under major selling pressure. Gold opened the year trading around $1,675 per ounce. As of the 12/02/13 close, gold futures were trading around $1,220 per ounce which would mean that thus far in 2013, gold futures have...

In our last essay we examined the situation in the US Dollar Index (from many perspectives) and the Euro Index, as many times in the past it gave us important clues about future precious metals’ moves. Back then we wrote that the implications for the precious metal...

Having replaced savings with debt on both the national and individual levels, I think it's well past time for Westerners to take a few lessons from our creditors in the East. Many Americans consider gold a "barbarous relic," but in Asia, the yellow metal remains the...

JUMPING to $1229 per ounce in London trade Wednesday, gold defied analyst expectations and reversed earlier 1% losses after stronger-than-expected US jobs data.

A common misconception in markets about the price of gold is that rising interest rates for a currency will always drive the price of gold down against it. I shall come to market relationships in a moment, but first we must look at the economic relationship between...

It has been my experience that bad or fraudulent accounting is enabled, encouraged, or actively created by management. We can safely assume that the many highly intelligent people who work at the Pentagon could more accurately and transparently manage their...

Analysts everywhere appear to be wondering what could possibly be the catalyst to turn the gold market around. I maintain it's the same catalyst that drove the gold bull market from 2001 to 2011. Out of control currency debasement.

We recently learned sales for this year’s Black Friday weekend declined for the first time since 2009. I have been warning my readers for months that falling consumer confidence would result in a pullback in consumer spending—and that’s exactly what’s happening this...

I recently returned from India, a nation where an incredible 600 million people are under the age of 25. That’s nearly double the entire population of the U.S.! What’s amazing about that figure is that, unlike the 1970s when India had no global footprint, today’s...

Western demand for physical gold has never been very large, and now it is declining. Seasonally, gold often rallies in mid-November, because of the Indian festival season. Unfortunately, heavy-handed government import restrictions there have crushed demand.

In our commentary from Nov. 14, you could read about the connection between oil stocks and the general stock market. Back then, we wrote the following: (…) we clearly see that the XOI and the S&P 500 have moved roughly in the same direction in the recent years...

WHOLESALE gold trimmed Monday's 2.6% loss in Asian and London trade Tuesday morning, with a brief rally to $1226 per ounce as world stock markets fell after Wall Street retreated from record highs.

Today, anyone who talks about hyperinflation is treated like the shepherd boy who cried wolf. When the wolf actually does show up, though, belated warnings will do little to keep the flock safe.

With virtually all “transparency” removed from our hopelessly corrupt bullion markets; it becomes increasingly difficult to glean any indications of what is transpiring from a Big Picture perspective. We know that a supply-deficit continues to exist, due to the...

The stock market continues its tear! The NASDAQ Composite is up 34%, the DOW 33% and the S&P500 is up 27% YTD, so why shouldn’t you get in on the action while our government continues their theft from the populace?

Stepping aside by Bernanke remains a bit of a mystery, about which nobody cares. Why is he quitting his office? He was considered as the most competent man for the job – sophisticated money printing analyst, who is brilliant and capable of comprehending and...

Ron Paul, the (retired) Republican Congressman concluded a speech before Congress in 2006 thus: “The chaos that one day will ensue from our 35-year experiment with worldwide fiat money will require a return to money of real value. We will know that day is...

Let’s consider speculation and arbitrage, and look at what it really means when the cobasis is deeply negative, in that light. This is the case in silver.

FRIDAY'S late 1.1% rally in gold was reversed in Asian and London trade Monday morning, with the metal trading back below $1240 per ounce as world stock markets also slipped with commodities.

The following analysis of historical data, supported by current increasingly bullish fundamental factors reasonably suggests gold might logically top $2,315/oz by March 2015.

Just a quick Thanksgiving morning update on China's gold imports, which continued at extraordinary levels in October. To put the 131 tonnes in perspective:

How to turn your trading into a simple automated trading strategy: you know the difference among a winning and losing trade – we have all experienced both and know the excitement and the frustration associated with it.