Gold Editorials & Commentary

A wild week as markets began to act very sloppy. Wide and loose action with large daily swings is rarely a good thing and we are now beginning to break lower. I’m still not sure just how deep this correction will go…but 200-day moving averages are coming into sight...

The Federal Reserve tried to fix the U.S. economy by Quantifornication - stimulus measures. Investors reacted to the Fed's unconventional efforts. Since the U.S. dollar is the world’s reserve currency and precious metals are priced in dollars they bought gold and...

Miscellaneous, with a central not-so-apparent binder. Do they relate to gold and silver? In a way, yes. At the end of September, Yahoo ran a picture of Putin along side of Stalin. No too much in the way of suggestive association at play here by the media intent on...

Since our major buy signal on USD in 2011, both gold and silver have declined substantially. And now, the dollar is testing upper resistance, and upon a successful breakout, could affect the metals for a very long time to come.

Gold closed last week below $1200 for the first time but has since rebounded from support at $1180. Silver has also rebounded but only after declining in 11 of the past 12 weeks. Precious Metals endured a very rough September and became very oversold. With Gold near...

Gold, Russell Index, Silver, GDX & GDXJ Analysis via videos.

The next round of the financial crisis is at our doorstep. The primary driver of the stock market, since 2009, has been the expansion of the Fed’s balance sheet. Remove this expansion and the S&P 500 would have effectively flat-lined. Now the Fed is ending QE...

The US dollar has relentlessly blasted higher in recent months, achieving its longest consecutive-week rally in history. Speculators have flooded into the world’s reserve currency for a variety of reasons, ranging from Federal Reserve rate-hike hopes to festering...

Recent evidence points increasingly towards global economic contraction. Parts of the Eurozone are in great difficulty, and only last weekend S&P the rating agency warned that Greece will default on its debts "at some point in the next fifteen months". Japan is...

“Among other things, these dismal employment ratio numbers tells you why the Wall Street patter about PE multiples being at or below historical norms is so wrong-headed. The capitalization rate for the American economy should be falling because the dependency burden...

It has not been easy being a believer in gold over the past two years. Gold is down about 37% from its 2011 top. The biggest portion of the drop took place over two days in April 2013 when gold plunged roughly $200 from $1,564 to $1,360 when someone dumped 400 to...

On May 19, 2014, the European Central Bank and 20 other European central banks announced the signing of the fourth Central Bank Gold Agreement. This agreement, which applies as of September 27, 2014, will last for five years and the signatories have stated that...

The stock market is no longer cheap. The single best predictor of stock market performance is the cyclically adjusted price-to-earnings ratio or CAPE ratio. Most investors price a company based on its current Price to Earnings or P/E ratio. Essentially what you’re...

Gold, silver and stocks surged overnight and today after the Fed maintained their ultra dovish monetary policy stance. The risk to markets of an early hike in U.S. interest rates eased leading to a fall in the dollar after the release of minutes of the last Federal...

Years of a severe downturn in the gold market have left very few bulls to speak out in favor of the yellow metal. Here are some positive opinions on the future of the precious metal, from the recently concluded Casey Research Fall Summit.

The US national debt in 1989 was about $2.8 Trillion. Twenty Five years later in 2014, that debt had increased by a factor of about 6.3 to $17.8 Trillion.

First off, if you have an interest in the price of gold and have not already done so, I highly recommend you check out Steve Hochberg’s 2-part Elliott Wave video presentation on gold (disclosure: free sign up to Club EWI brings a small commission to yours truly...

In part I, Phase III-Dead Ahead, we established the macro case for the final phase of the gold stock bear market. As the bear market progresses the economies key constraint remains the level of debt, specifically the size and composition of the national balance...

These are unprecedented times for investors in gold and other precious metals. Gold is nearing its lows again, and combined with a TSX Venture Exchange which seems to be looking for the bottom, the capitulation phase could be near. However, when we were looking at...

In our opinion speculative long positions (full) in gold, silver and mining stocks are justified from the risk/reward perspective. The precious metals market finally rallied yesterday. Gold moved lower in the first hours of the session, getting very close to the Dec...

Gold-bearish Western bank economists are very lucky. They can gleefully ignore Indian black market imports in their assessment of demand and supply, and nobody questions them.

We are getting clear signals from the “smart money” that something bad is looming on the horizon. The most obvious signal comes from the ultra-wealthy (those worth $20 million or more) who are rapidly moving out of paper assets and into real assets.

John LaForge, commodities strategist at Ned Davis Research says gold is going to $660 an ounce. In an appearance on CNBC on Thursday, LaForge said that the end of the current “supercycle” for gold could push the precious metal down to $660 an ounce, or about 40%...

In the wake of his rock star reception at Madison Square Garden last Sunday, Prime Minister Narendra Modi emphatically announced to our nation’s top corporate and political leaders that India is now open for business. Between September 26 and 30, he met with not...

Jim Grant is the publisher and editor of Grant’s Interest Rate Observer, a bi-monthly newsletter that he founded in 1983, around the time when bonds were considered some of the worst investments – when they yielded 13 to 15 percent.

Politics has long been a driver of international markets and fickle financial systems alike. Everything is connected. Here are some voices from the just-concluded Casey Research Fall Summit talking about cause, effect, and war.

Gary Savage is an expert cycle trader and publisher of a successful market newsletter. His writings strongly influenced my own shift toward cycle methodology many years ago, and although our approaches now differ to a degree, the core techniques of cycle methodology...

How much higher can the dollar go? Betting on the Fed’s paper has been one helluva speculation. No doubt the Fed’s credit quality has been falling, but powerful forces are driving it up, such as desperate debtors clutching for cash to calm their creditors (sorry,...

This is Cap’n Ron receiving a message from Mother Nature’s special courier. He is telling me that Mother Nature said, “Follow the Long Term Gold Trend. The bottom is almost here. The entire precious metals complex will follow gold.” As he turned around and left to...

Some of the most prestigious world banks are hell bent for leather heading toward bankruptcy…as implied by their negative stock “performance” since early 2007. The ignoble list includes Commerzbank (Germany) , Deutsche Bank (Germany), Barclays Bank (UK), Bank of...