Gold Editorials & Commentary

China continues to hoard gold en masse, which is starting to have a dramatic impact on the gold price. Chinese gold consumption is up 50% to 706 metric tons (hereafter tonnes) in the first six months of 2013 -- and is most likely to overtake India as the largest...

These last few years have been exceptionally challenging for those who share in the belief that the endless flood of worthless paper and debt can only end with investors, consumers and citizens being forced to pay a bill they cannot even begin to comprehend.

Last week we wrote: “Technically, the gold stocks continue to follow a typical post-bottom rebound path and look very strong. The daily RSI of GDX is at a 10-month high as GDX consolidates around $30. We’d love to see GDX consolidate for a few weeks but it may...

The Federal Reserve is in a very tough position. Despite unprecedented amounts of stimulus, GDP growth is anemic, unemployment remains historically high, durable goods orders have plunged and rising rates are harming the housing rebound. If this is all that can be...

It has been a bumpy ride for precious metal investors over the past couple of years and it unfortunately I do not think it’s over just yet. The good news is that the bottom has likely been put in for gold, silver and gold miners BUT the recent rally in these metals...

Experienced investors know we are in an era where central banks are playing a much larger than normal role in the financial markets. The Fed has openly talked about money printing and asset prices during their unprecedented three rounds of quantitative easing (QE)....

Four hundred years of economic theory (and economic History) tell us that oligopolies (in any form) are totally parasitic behemoths, which should never be allowed to exist in any legitimate economy. Thus as the (only) Messenger broadcasting the need to whittle-down...

It seems that everybody is talking about the yellow metal and wondering where will the next local top form. When we take a look at the charts, we see that the price of gold has risen nearly 8% in August, as expectations receded that the Federal Reserve is set to...

U.S. Bear Raid on Gold and its Sale out East. In 2013 we have seen, so far a massive bear raid on the gold market in the U.S. led by the big banks, JP Morgan Chase and Goldman Sachs, who along with their clients engineered the price of gold down, first with massive...

The WHOLESALE price of gold touched its highest level since mid-May in London Wednesday morning, trading briefly at $1433 per ounce before edging $10 lower as European stock markets extended yesterday's losses.

The second half of the previous week brought interesting pieces of economic data and disturbing geopolitical news.

Why does hedging remain such a highly contentious issue for gold and silver miners...? THERE'S always a lot of talk about gold and silver miners and their hedging policies.

“Paper is poverty...it is only the ghost of money, and not money itself.” – Thomas Jefferson's Letter to Edward Carrington, 1788 -- The bottom for gold is now in as my graph proved this past Tuesday, August 20th. A couple of weeks ago, in another article I stated...

It is natural to compare the current precious metals’ bull market with that of the 70s, since there are many similarities between the two. Below is a comparison which illustrates some of the similarities between the two bull markets:

No significant changes from the previous update, except the short-term time-window of the broad stock market became neutral from bearish. The short-term neutral time-window is expected to last until 8/30/2013.

Not familiar with DrDoolittle but a few brief notes on the article. NUGT is compared with GDX. Both are ETFs and both are based upon the performance of the NYSE Acra Gold Miners Index (GDM). The NUGT IS NOT directly based upon the GDX.

It is understandable if many readers choose to view the current financial nightmare concocted by Western bankers as an “economic Hell”, however it would be only a moderately appropriate metaphor. To truly capture the quality and severity of the economic conditions...

Analyst Hubbart’s Video compares the bullish flag formation of GDX; and compares same to the 3X ETF (NUGT) that mirror’s the price movements. He sees potential for material profits in NUGT if GDX can reach its bull flag price target.

Wall Street and Washington love to spread fables that facilitate feelings of bliss among the investing public. For example, recall in 2005 when they inculcated to consumers the notion that home prices have never, and will never, fall on a national basis. We all...

Once again we present the Treasury ‘TICs’ data for China and Japan, most recently available through June. It can be argued that these two countries are the T bond market, when considering the volume in which they deal and their strategic status as heretofore T bond...

Fundamentally, Gold is now starting to move into the final 3rd phase of this long-term bull market. The 1st stage saw the miners closing their hedge books – and the 2nd stage continuously presented news about institutions and central banks buying or repatriating...

Last week we illustrated how gold should be treated as a special alternative to dollar denominated paper assets ( http://www.gold-eagle.com/article/gold-system-hedge ) . Yet, It is not only the “system-hedge” aspects that determine the value of gold, since supply...

Gold bugs finally have some reason to rejoice, after a long and painful two years. Precious metals are breaking out in powerful fashion, with gold up $200 or 16% and silver up $5.50 or 30% since bottoming on June 26th. These explosive moves have been generated with...

In this Weekend Report I would like to show you gold from the short term perspective to the long term look and everything between. As you know gold made a bottom back in June of this year that is still the low point for this two year correction. The question on...

We are no fans of the Fed-sponsored stock market takeover, but that seems to be the way of central planners, these days…eliminate free markets and get them to react how it puts central planning and Lying Ben’s disastrous QE4Ever in a positive light, no matter that...

A great week really in the big scheme of things. We saw markets continue to correct and consolidate and they are bouncing a bit now. This is the kind of action we really want to see so we can have a nice run into the end of the year.

Last week was an homage commentary to the market forces, what we always attribute as being the most reliable source of information. For the first time in many months, we began recommending the long side in futures, starting on 7 August: 19.42 for silver and 1308...

Since Ben Bernanke uttered the word “taper” before the summer kicked-off, the tone in the financial markets has been markedly different. Even though taper has been the hot term on Wall Street for three months, the market’s focus remains squarely on the Fed. From...

All precious metal equities are on a Buy Signal short-term – although they continue to remain on a Sell Signal long-term since March 2012.

During the in extremis phases, we analysts often referred to the Eurozone by its touristy moniker ‘Club Med’. Well we’ve got a much more serious club to deal with right here on our own shores. This is something I and many others have been pounding the keys about for...