Gold Editorials & Commentary

It was a challenging first half of the year for most commodities, with only two resources we track on our Periodic Table of Commodities Returns

A subscriber asked me this week why the precious metals complex has been falling and if the charts could show the reason why. From the Chartology perspective it's really a no brainier why this sector has fallen on hard times.

In countering the relentless gold-bashing propaganda of the mainstream media; readers have listened to the many virtues of gold (and silver) recited again and again by the (legitimate) commentators within the sector.

The impact of the lower yen and rupee versus the US dollar on Treasuries and bonds.  As a result of “the stronger dollar” the treasuries showed very nice gains measured in yen as a result of which the Japanese offloaded a record $30bn of foreign bond

Dual Mandate Says No Major Changes Coming.  In 1977, Congress amended The Federal Reserve Act, stating the monetary policy objectives of the Federal Reserve are “to promote effectively the goals of maximum employment, stable prices and moderate long-term interest...

During the recent weeks we have seen commodities especially precious metals continue to drop in value.

China's Surging Demand "Supporting Gold" as Retail Sales Defy GDP Slowdown

LONDON prices for physical gold held little changed Monday morning, edging lower from the best weekly finish in three as new data showed China's economic growth slowing but retail sales...

As the 10-year to T-bill yield curve chart makes clear, we are not in Kansas anymore.  We are in Wonderland and as you can see, in Wonderland interest rates and their interrelationships are at the center of events.

Last year I correctly spotted the three year cycle low in the CRB. I must admit the retest of that bottom has taken much longer and been far deeper than I thought it would be. However, I think the retest is over.

There is good reason to believe that gold and silver has just passed a historic low in their bull market correction.  Here’s a chart comparing the 1982-2000 Dow Jones (Blue Plot) and NASDAQ Composite (Red Plot) bull markets (weeks 1 to 918) with the current bull...

Do markets send messages?  Absolutely, and they are there for anyone and everyone to see as they develop.  Most people like to read news about increased demand for gold and silver, record purchases for silver eagles, etc, etc, etc.  The headlines over the past...

The decline in gold prices this year has been classically bearish. Each sharp drop is followed by a consolidation before another sharp drop, thus trapping buyers who have been trying to pick a bottom.

Wow is all I can say.  It was the best week of the year by a long shot and we’ve had some stellar weeks to be sure.

The US economy is doing well, compared to Europe’s worst performing countries. The most recent jobs numbers growth shows lots of part-time workers.  That’s not going to create a thriving economy.

There’s a three year downward trend in Chinese imports underway. The chart below, from Nomura Global Economics, shows the trend quite clearly.

For the past few months we have been sounding the alarm both separately and collaboratively regarding the impending (although not necessarily imminent) looting of the Western financial system including bank accounts, public pension funds, and likely private...

Gold’s biggest psychological overhang this year has been the fate of the Fed’s third quantitative-easing campaign. Gold futures traders hang on every word of Fed officials, extrapolating them into a timeline for ending QE3.

With photography gone, and PV not plugging the gap, where is silver seeing the strongest demand...?

FOR ALL ITS monetary and investment history, silver is by far an industrial metal today.

Obviously, we can’t know if the bottom is in but I’ll repost a chart which is my best argument for why we can expect a big rebound over the coming months. The chart shows all of the worst bear markets in gold stocks.

The world’s economic landscape is changing and after a disastrous decade, America is once again in the driver’s seat.

It seems that everybody’s hanging on the Fed’s every word. Yesterday the S&P 500 index climbed above the closing record of 1,669.16 reached May 21 and closed at its record high (1,675.02) as Ben Bernanke backed sustained monetary stimulus.

Deflation and inflation pressures have both been pulling at the markets. This explains the volatility we’ve been seeing. But so far, deflation has the upper hand.

Many are the signals of breakdown, in the financial system and the Gold market. The day is near for release of gold from under the thumb of the criminal bankers. They can no longer operate in the shadows, recently in full view.

The FOMC released its June 2013 minutes on July 10, 2013.

In sitting down to write you this article, a scene came to mind from Tom Hank’s classic film, “Forrest Gump”.

In stating for many years that the gold (and silver) market is being heavily manipulated in order to suppress the price, those asserting this fact have often pointed to the highly suspicious activity of bullion-leasing as one basket of evidence supporting this...

A confidential internal International Monetary Fund report was recently leaked to the Wall Street Journal, with the contents later being made public by the IMF.

Dead for almost a decade, gold offered rates are suddenly headline news...

Sometime between late Wednesday and mid-day Thursday, we should get a read on the market’s true reaction to the minutes from the last Fed gathering. At some point, the market will take a breather for a day or two in the form of a pullback. If the Fed minutes serve...

Many analysts predict that banks will be hurt by higher interest rates.  Yet the best leading indicator of banks’ future profits – financial sector stocks – aren’t showing the slightest concern by this prospect.