Gold Editorials & Commentary

In our opinion no speculative positions in gold, silver and mining stocks are now justified from the risk/reward perspective. However, day-traders might consider a small speculative long position in silver.

Trillions of dollars of debt, a bond bubble on the verge of bursting and economic distortions that make it difficult for investors to know what is going on behind the curtain have created what author Doug Casey calls a crisis economy. But he is not one to be beaten...

The month of September has historically been the strongest for precious metals. Since the start of the current bull market, gold has averaged a gain of 2.6% during the month of September. This is typically followed by a smaller gain of 0.8% in October and then a few...

The primary unit of time measurement for high-frequency traders might be the microsecond, but for normal retail traders, it’s vital to know the best months, days and even half-hours of the day to make market transactions.

The Central Bank policies of the last five years have damaged the capital markets to the point that the single most important item is no longer developments in the real world, but how Central banks will respond to said developments.

I'm starting to warm once again to gold. Like many of you, I never gave up on it, I had just grown too bored to care. With the bear market in bullion about to enter its fourth year, who could be blamed for losing interest? Gold has looked so punk for so long that...

Gold has a rough general tendency to decline during the week leading up to the release of the US Employment Situation Report (jobs report). Following the release of that report (Friday at 8:30AM), gold tends to begin a decent minor or intermediate trend rally.

Gold had a horrendous year in 2013 disappointing many of its supporters; however, 2014 started brightly bringing with it much hope for an attempt at achieving new record highs. Gold prices moved quickly from the $1200/oz level to flirt with $1400/oz by mid-March....

Using monthly charts I want to update more big picture views of where we stand in the financial markets.  This is just a brief summary [ed

Gold and silver are at a critical juncture – either they break down to new lows soon or a major new uptrend is about to start. Which is it? – while we cannot be 100% sure either way, we can certainly attempt to figure which way they are likely to break.

In this Weekend Report I’d like to look at some of the Precious metals stock indexes as there was a fairly strong reversal off of the previous lows made over the last two months. It was one of those inflection points where the PM stock indexes could have gone...

Evidence is mounting that SPX is coming to another inflection point. The warning signs are detailed in the Market Overview section (above). These, and the fact that September is notorious for being the weakest month of the year, combine to issue the reddest flag...

Modern achievements, especially in medicine and technology (fueled by cheap energy), have made the human experience longer and easier. Yet, at the base of it all lays the irrational man, still flinging immorality from the cages of his ongoing existential dilemma.

The European Union (EU) was created by the Maastricht Treaty on November 1st 1993. It is a political and economic union between European countries which makes its own policies concerning the members’ economies, societies, laws and to some extent security. To some,...

The global macroeconomic – and geopolitical – situation is deteriorating so rapidly, it is literally impossible for my hyper-stimulated brain to slow down. It’s still Thursday night and I wanted to pen a few observations, starting with today’s “are you kidding”...

The Dow hit a marginal new all time high during the last week. So let’s see where things stand there first. Before we get to the present, let’s take a quick look at the past. We can see the previous top in July was accompanied by triple bearish divergences in...

U.S. markets and leading stocks continue to show strong and positive action, mostly early in the week. It really has been a great August, and that is rare, but it just shows that you must always be paying attention to things and can’t rely wholly on historical or...

The lies and deceit coming from Western governments continue unabated, whether it is [Pollyanna] economic news that is non-reflective of existing reality or more false flag “war” news that is also non-reflective of existing reality. Whether it be Obama, Cameron,...

Precious metals miners have successfully digested their sharp gains from early summer. The miners have continued to hold above key retracements as well as 200-day moving averages that are now sloping up. The miners, despite some fear from market participants remain...

Back in 2001 Turkey produced less than 50k ounces of gold, an insignificant amount considering the geological potential of this transcontinental country. The prolific Tethyan Metallogenic belt, which covers a large part of it, offers an environment capable of...

According to mainstream economics textbooks, one of the primary functions of money is to measure the value of goods and services exchanged on the market. A typical statement of this view is given by Frederic Mishkin in his textbook on money and banking. “[M]oney...

In the previous post about ‘Gold Miners & Inflation’ it was mentioned that the 2013-2014 would-be bottoming grind in HUI has been almost exactly the duration of the 2010-2011 topping grind. Here is a visual to put with that statement.

TENSION between Russia and Ukraine as well as escalating violence in the Middle East have helped support the price of gold this week as it is often regarded as an insurance against financial and political risk.

US$ H&S Top, Gold, Silver Key Doji, GDX Key Doji & GDXJ Wow Factor Chart Analysis via videos.

In a very real sense, it is fractional reserve banking and not money itself that is the root of so many of today's evils. Whenever fractional reserves are permitted, the banking system - including the one that exists today throughout the world - comes to resemble a...

I have had many people tell me they agree with my thought process on events but don't understand "why" or "how" the financial system has held together. Why of course is the easy part, no one wants to see the system come apart at the seams, especially the ones...

In Why they are making an enemy of Russia? we looked at two of the key reasons why the US is making an enemy of Russia, namely the promotion of conflict by the powerful Defense industry lobby in order to keep its order books full, and the value of conjuring up an...

Ian Gordon created Longwave Analytics, which studies the Longwave principle, by which economies obey long-term cyclical trends of expansion and contraction. Eric Sprott is an avid reader -- he suggested I interview Ian Gordon for his take on the role of Kondratiev’s...

The “Foreign Affaird” publication of the influential and policy-setting Council of Foreign Relations made an announcement that could have huge ramifications for monetary policy going forward. In an article titled “Print Less but Transfer More: Why Central Banks...

Karl Marx once said, “Hegel remarked somewhere that all great, world-historical facts and personages occur, as it were, twice. He forgot to add: the first time as tragedy, the second as farce!”