Gold Editorials & Commentary

Contrary to every publicized commodity and stock market expert on this planet earth, gold did not, I repeat did not top at $1,923.70 an ounce in the month of September, 2011. Gold topped at $1,033.90 in the month of March 2008.

Yet another country has requested that their gold be repatriated from the United States! Netherlands was the newest nation to announce this past November that they too had requested that $5 billion of their gold be repatriated from New York.

For those looking for a possible major bottom in gold and the beginning of a new bull market in 2015 they might be disappointed. For those looking for at least a temporary bottom in gold followed by a recovery rally in 2015 they might be pleased.

The current trendy reason for the mainstream to dislike Gold is strength in the US Dollar. On the surface it makes quite a bit of sense. Gold is priced in dollars. Dollar strength automatically pressures the Gold price. However, this popular view reveals a total...

Unfortunately, very few investors in the world are cognizant of the relative performance of the gold price vis-à-vis the traditional world stock markets...as demonstrated by the chart below (2001 to 2014). It shows the percent gain or loss over 14 years:

Three months ago, I wrote “2008 is back, with one temporary exception”; which, in hindsight, parallels May’s “most damning proof yet of QE failure” as the most important articles published in the past year. The latter refers to the abject failure, based on plunging...

We have seen unprecedented volatility over the last 2 months, in particular the last 3 weeks. This is highly unusual as most year ends and beginnings are calm with very little news. The news on a global scale has had the volume turned up so that nearly no market has...

In anticipation of the New Year ahead, I pulled together 15 charts that we’ll be watching and might help guide our expectations for what 2015 has in store for us.

This article is based on an interview conducted by Claudio Grass, the Managing Director of Global Gold based in Switzerland, with Mr. Steen Jakobsen. Mr. Jakobsen is the Chief Economist and Chief Investment Officer at Saxo Bank, where he has served for a total of 14...

With commodities now moving down into their three year cycle low I’m hearing more and more talk about deflation. This is complete nonsense. Bernanke had it exactly right when he pointed out that any determined government could halt deflation at will with a printing...

The purpose of this article is to illustrate the continuous strength of the US Dollar from back in September 2014 -- and how we are not even at the half way point yet for this current move. The US Dollar Index is thought to be in a bull market for another 5-7 years...

Tonight I would like to touch on several different areas in regards to our trades we have going right now. First lets look at the INDU and some of the reasons I went short yesterday. The daily chart shows a rising wedge in which the price action closed below the...

After the 1999 gold crisis, bankers could no longer force the price of gold lower by loaning central bank gold and selling it in the open market. In 2001, as demand—and the price of gold—rose, the bankers were forced to flood markets with discounted ‘paper gold’,...

In the world of fiat currencies, 2014 was the best of times and the worst of times. On the one hand, we had Japan’s Shinzo Abe and his Keynesian cohorts, who have relentlessly devalued the Yen with the hope that a cheap currency would eventually ring in the best of...

Review of yesterday’s gold and silver market activity and trends in gold and silver prices.

We came into last year with the idea that despite a historically low disposition at 3 percent, the 10-year yield had become stretched at a relative performance extreme. In less than two years, yields had run up over 100% above the July 2012 cycle lows around 1.4...

The correction in the price of gold and silver is now in its fourth year, and in the words of W. D. Gann: “When time is up – price will turn.”

And today we are witnessing the perfect set-up for a huge rally in gold and silver. The dollar index, which weights the US currency against a basket of major trading counterparts, hit its highest level in nine years in the last week of 2014, rising of 13% over the...

Is the recent bout in volatility yet another ‘buy-the-dip’ opportunity or a sign of worse to come? Investors struggle to both keeping up with the markets while protecting themselves against a severe correction. By taking a step back, investors might be able to see...

In late 2013, I predicted the Fed would taper its QE program to zero, and the first taper would cause gold to rally, stunning the Western gold community. I also predicted the taper would turn the US stock market into a “wet noodle.” That’s what happened.

2014 was a year of posturing. The U.S. "postured" by trying to lure Mr. Putin and Russia into a war. First it was over Syria and then later over Ukraine. The Russians postured by not taking the bait and buying time. Yes, Russia has suffered with a devaluing currency...

Tensions between Russia and the West continue to push precious metals higher.  Gold climbed back above the critical $1200 mark.  Once again the Greek debacle is coming back to haunt markets as investors fear another decline in the Euro.

There is a lot of news chatter about the impending doom of the Russian Economy. The Ruble has fallen 45% against the Dollar during the last 6 months. Crude oil & gas, Russia’s main exports, have fallen in half from 6 months ago. Russia depends on oil & gas...

In our opinion no speculative short positions in gold, silver and mining stocks are currently justified from the risk/reward perspective.

At the end of each year, it is important to take stock and review how various assets have performed and what has transpired in the year gone past. This will give indications as to how assets will perform in the coming year and, more importantly, years.

The sudden fall in the price of oil provides a unique opportunity to examine the widely held belief that deflation is economic poison. As many governments and central banks have vowed to fight deflation at all costs in 2015, the question could hardly be more...

Most investors outside North America not only saw their currency lose value but also lost money in their stock market. Russians were hit especially hard. Whoever owned gold, though, had avoided these debilitating losses and was actually sitting on a profit.

Gold traders surveyed by Bloomberg are bullish for next week. Rising concerns surrounding the political uncertainty in Greece are increasing the precious metal’s appeal as a haven.

At the start of the New Year, there are increasing signs that the recovery seen in property prices in many cities in western countries – namely Dublin, London and other UK cities and New York and other U.S. cities is beginning to peter out.

The price of crude oil (WTI) has dropped by almost half of in the second year of 2014. In general, oil prices rise in a boom and fall during the bust. Does it mean that we are entering into recession? Is a falling oil price good or bad for the economy? What are the...