Gold Editorials & Commentary

I turned formally bearish near the end of 2013 for the first time since the 2006-08 period. I was early then too. I was also early in 1999. The bearish signals aren’t perfect. The decline in oil prices could still be taken in a bullish light. I agree with the...

Mention is often made that one should wait for confirmation of a particular move in futures before making a commitment, either way. Last week, it appeared evidence was mounting that November could be a possible low for the correction since late 2011. Then, we run...

The mighty dollar had a major breakout after seven years of base building and a twenty year bear market, but many analysts continue to shun the greenback, which reminds me much of the early gold bull market in 2001 and 2002.

As I wrote last time on data from the Shanghai Gold Exchange (SGE), in week 2 of 2015 withdrawals from the vaults of the SGE (that equal Chinese wholesale demand) came in extremely high at 70 tonnes; the third highest amount ever. In week 3 (January 19 – 23), though...

"It’s very difficult to make predictions, especially about the future." Former New York Yankee catcher Yogi Berra. When it comes to the financial markets, predicting their futures is compounded by the fact that they are all rigged. (See Ian's Investment Insights,...

Let's have some fun today! For a change of pace I thought it a good idea to think way outside of the box and write about something that isn't possible and wouldn't really matter even if it were true. I'll finish with my wife Kathy's latest portrait of her son...

It was in 1896 when prospectors stumbled across large quantities of gold in one of the tributaries of the Yukon’s Klondike River. Word of this discovery spread like wildfire. And in no time at all prospectors from far and wide set course to get a piece of the...

Economic conditions tend to run in cycles. Pressures build, official efforts are made to contain any perceived bad effects, and at some point, the pressures overwhelm all opposition. The cave-in frequently, but not always, sets pressures in motion in the opposite...

US$, DOW, Gold Bull Flag, Silver, GDX & GDXJ analysis via videos.

If you felt the sting of yesterday’s selloff, take encouragement from the fact that it looks merely corrective on the daily chart. That’s because the recent high at 1307.80 managed to exceed a prior ‘external’ peak recorded back in August before bulls took a...

Back in 2012, Mario Draghi promised to “do whatever it takes” to hold the Euro together. A lot of analysts interpreted this statement in a literal sense. However they are incorrect.

Here is a quick update for the silver surfers out there. I mentioned today that the Australian Dollar was taken out to the woodshed and given a sound thrashing. Silver must have been dragged out there as well because it was beaten with the proverbial ugly stick.

Gold has performed very well under the circumstances of declining inflation and a surging US$ index. Since 2014 the US$ index is up nearly 18% while Gold is up 3%. Since Gold’s November low the US$ index is up over 10%. Had we known that at the time, we’d have...

With the sharp selling in recent days, there is now the potential that another larger-degree peak has been seen in the Gold market. Having said that, this is not set in stone at the present time, and the various time cycles that I track suggest that we should be at...

“If a little is great, and a lot is better, then way too much is just about right!” -Mae West. A comment from my last essay, "Finding The Real Price Of Money", got me thinking about preparing for the eventual crisis.
That - and an experience I had in the ocean.

Despite the uncertainties ahead of the Greek general election, the European Central Bank (ECB) went ahead and announced quantitative easing (QE) of €60bn per month from March to at least September 2016.

Can the dollar and gold continue to rise in tandem for long? The last three months have seen a very peculiar dollar/gold anomaly. Since mid-November, gold (and silver) have “acted” very differently. We have seen “outside days” and even an outside week. Gold has...

Gold was unable to rally above $1,300 per ounce. It briefly traded above $1,300 last week, but pulled back earlier this week, and is sharply lower today with a loss of -2.5%. Silver was down 7% to $16.80 at a certain point during the session, platinum fell by 3.5%...

Elliott Wave theorists (and there a lot of technical chartists that follow their work too) argue that gold still needs to put in one last low price before it can be said to have completed the classic wave formation and then power upwards in a big price spike. If so...

In the past [even the recent past] investors have often ‘parked’ their funds in a ‘safe-haven’ currency, when fears about the dollar or other currencies rose. The leading candidates have always been the Swiss Franc and the Yen, with gold, in the last three years...

GOLD DAILY - As expected, we should see some chop, then a top. This may take several weeks. The $1,350 level should contain price and momentum for now. I’m looking for divergences to develop as a top forms. In the Example Portfolio (EP), we are looking for a low...

“The coming European monetary crack-up is rooted in the fact that the ECB’s financial repression and ZIRP policies have—like everywhere else—-destroyed honest price discovery in Europe’s massive sovereign debt market. There is no other way to explain the...

Latest statistics from the USGS make for interesting reading – not because they show U.S. gold output has been continuing to fall – it’s down 7.4% year on year to date – but for the country by country export data. We have been commenting on Mineweb.com for much of...

U.S. gold exports to Hong Kong and China jumped significantly in October. Not only were U.S. gold exports strong in October, they were the second highest for the year. Shipments of gold out of the U.S. spiked in January, declined in February and March and remained...

In my previous missive, I tried to illustrate the supply side of gold and how the movements of inventory have recently changed. In this part, we will look more to the demand side with a wrap up of why it truly matters “whether the gold is there” or not.

In the closing months of 2014, on numerous occasions the position was put forth that as the days of January stacked up, toward the end of the month and going into February, that the global financial structures would show severe strain, widespread disruptions, and...

At 750 tonnes, HK gold exports to China were down 32% year on year, but how important in reality are these HK figures nowadays in terms of total Chinese demand?

For over 30 years, sovereign nations, particularly in the West have been buying votes by offering social payments in the form of welfare, Medicare, social security, and the like. When actual bills came due to fund this stuff, Governments quickly discovered that...

I am hard pressed to find a single article calling for lower lows in the metals. Everywhere I look, there is consistent certainty that the final lows have been struck, and the bull market is back in full force. To me, market sentiment can be summed up with a Yogi-...

The breakdown of the major indices for the economy is telling us something fundamental and what is Wall Street doing? They are just ignoring the signs on the wall, whilst the facts are right in their face, either because they don’t want to believe it or because they...