Gold Editorials & Commentary

The debate in precious metal markets today is whether or not the three-year bear market is over and a new uptrend is establishing itself. But assuming for a moment that the gold price has turned the corner, will the bullion banks be able to keep a lid on it? Given...

BIG PICTURE – The ongoing bull market is over 5 years old and both the Dow Jones Industrial Average and the S&P500 Index have climbed to record highs. Yet, the vast majority of retail investors are still not convinced and many are waiting for the elusive stock...

There are many irrefutable signs a US stock market crash is imminent. However, THREE of the most compelling are the following: Dow Index/US T-Bond Ratio and; the S&P500 PER/VIX Ratio, and London’s FTSE Stock Index. Each of these indicators heralded the market...

In my prior article from back in early-June, I noted that a short-term bottom was due, which had been projected for the June 2nd timeframe, plus or minus a day. The actual low for Gold was registered the very next trading day, doing so on June 3rd at the 1240.20...

Behind the veneer of “all is well” being promoted by both world Governments and the Mainstream Media, the political elite have begun implementing legislation that will permit them to freeze accounts and use your savings to prop up insolvent banks.

“Gold rose to a one-week high after several Federal Reserve policy members expressed concern that investors may be growing too complacent on the economic outlook, boosting demand for the metal as a haven. ‘Signs of increased risk-taking were viewed by some...

Those familiar with Jesse Livermore and the book Reminiscences of a Stock Operator know who Old Turkey is. He was Mr. Partridge, an old trader who dispensed great wisdom in few words. Those at the office nicknamed him Turkey because of the way in which he strutted...

I think today’s price action marks a very important confirmation point in the precious metals stock indexes, at least for the intermediate to longer term outlook. Finally, after a year of chopping around in small up and down moves, we are starting to get some...

When analysts forecast future asset prices they typically choose valuations that make sense in the context of current valuations. We could, for instance, easily imagine that a $100/share stock can trade up to $120/share. But when somebody comes out and says that...

This statement may seem rather extreme. But to understand our meaning, you first have to assess the purpose of the capital markets.

I think that the Metals and Miners Bull Market has just began and we are very close to the point of recognition of a new bull market which should give us an idea of what to expect going forward. As we have already seen in the past the first phase of a bull market is...

We all know the S&P 500 Index has been on a 5+ year rally to all-time highs – thanks to ultra-low interest rates and the levitating wonder of “printing money” via QE – Quantitative Easing. Examine the following chart of the S&P for the past 20 years.

The London bullion market is an over-the-counter unregulated market and has had this status since the mid-1980s. The disadvantage of an OTC market being unregulated is that change often ends up being driven by a cartel of members promoting their own vested interests...

Not even the richest man in the world Warren Buffett could compete with GOLD & SILVER. And I perceive no reason why this relative performance will not continue in the future...especially with all major countries printing money like there is no tomorrow. Global...

Recent liquidity flows on the COMEX suggest the gold market may need to retrace some of the recent gains, before moving higher.

In the end game, truth is found only at the margins. In a credit-money system, over time the constant infusion of increasing amounts of credit will inevitably lead to higher and higher rates of inflation. Because common knowledge of this fact is not in the best...

Happy Independence Day America! Your markets are bullish… and over bought, over loved and running on increasing momentum.

If you did not know what a parabolic uptrend looks like, you now do.

World's richest man (Warren Buffett) is building and hoarding cash. Warren Buffett's Berkshire Hathaway’s cash hoard has surged 30% to nearly $50 billion since the end of 2011. One must ask WHY the World's richest man is piling up the cash hoard if all is hunky-...

Another minor top appears to be forming, preceding a correction which should exceed the former one in depth; but limited and very short-term (not lasting more than a few days). After this correction is over, another attempt at making a new high should occur.

We had a nice relatively quiet but solid week for markets and stocks for the most part, which is nice to see. You just never really know what a holiday week will bring but this one was good. We didn’t see a lot of large moves but leading stocks did hold up very well...

Until recently, the world has forgotten about gold and gold futures prices it would seem. A few years ago, all we heard about was gold and silver futures making new highs on the back of the Federal Reserve's constant money printing schemes. However, after a dramatic...

Long term – on major sell signal since Mar 2012. Short term – on buy signals. Gold sector cycle – up as of 6/20 This week’s COT data not available at time of update, last week’s COT data was already at levels of previous tops, therefore upside is limited and risk...

Pick your poison for knowing what news is impacting gold and silver these days. Both have been in year-long TRs, [Trading Range], within a broader down trend context. That may be in the process of changing, but change takes time to turn a trend.

Chart Analysis Gold Saucer Bottom, Silver RSI, Bad Assets, GDX Stress Test & GDXJ 20-dma Points the Way Charts Analysis via videos.

The precious metals complex, both mining shares and bullion, appears to be in the process of completing a major bottom extending back to mid-2013. The chart below depicts this action quite clearly in the form of what technical analysts refer to as a reverse or...

The most amusing question asked of the Jackass by clients and other people is when the system is going to break down. My usual answer is 2008, which causes a strange reaction, since a past date. Then they are given a tactful tongue lashing that they have failed to...

The Timmins gold district is by far the most productive within Canada’s prolific Abitibi greenstone belt. It has produced in the neighborhood of 70m ounces of gold, and operations are still going strong. Namesake mining company Timmins Gold is forecasting 2014...

As equities continued to rise during the advance into the 2007 top, I screamed from the roof tops that it was a bear market advance and that the efforts to prop the markets up only served to make matters worse. That certainly proved to be the case as those efforts...

The breathtaking rush into the perceived safety and stability of the Bomb er Bond markets which began at the depths of the 2008 Global financial crisis are in blow off mode. A recent Bank of international settlements annual report has been ignored due to its...