Gold Editorials & Commentary

Gold has once again begun to assert its safe haven value after the recent drop in equity prices. Last week’s Argentina bond default scare coupled with rising tensions between Russia and Ukraine have combined to spook global equity markets.

What are governments capable of doing? I ask this question since for many, it seems as if government is an omnipotent force capable of providing anything for its citizens and supporting its empire abroad. It is important to understand the role government occupies...

The mighty GLD gold ETF’s bullion holdings have remained stable in 2014, an impressive feat. Last year they suffered an epic outlying record plummet as the Fed’s stock-market levitation sucked capital out of alternative investments. This year’s resiliency in the...

DOW Short-Sale, Gold Charge, Silver MACD Signal, GDX 3-Great Targets & GDXJ Bull Hammer Chart Analysis via videos.

Last week, on July 30, the Republic of Argentina was declared to be in default for the third time in 30 years. Let's put that into perspective. If you were a bank officer who offered a 30-year mortgage to the Government of Argentina in the early '90s you would have...

A California 9.9 earthquake, Dow Index crash to sub-10,000, gold prices go parabolic, a possible Ebola outbreak in a major US or European city, derivative melt-down, another credit crisis, Ukraine becomes ground-zero for WW III, or maybe politicians “make nice,”...

We've been very bullish on the miners since January but became concerned recently with the poor technical action in the metals (specifically Gold). Last month the mining indices were very close to a major breakout yet couldn’t punch through. This signaled that Gold...

The precious metals are lynch pins. They are nagging and persistent counter-parties to money printing gone wild. It's been this way for as long as commerce was semi-civilized. (Though given the amount of financial fraud, violence, and chaos in the world, the term "...

We are gold and silver bugs and as such we are aware of the myriad of factors that affect the price movements in the precious metals sector. Today we will take a quick look at just one of them; The US Dollar. 2013 was a disastrous year for gold as it ended the year...

We fully anticipated a summer correction and thus far that is all it has been; and it’s been a mild one (so far) at that. But what the markets do from here on out will refine probabilities as to these options…

On Thursday July 31, 2014, the Dow Jones Industrial Average closed down 317 points, effectively completing a key point monthly reversal high. The S and P 500 and The Wilshire 5000 also made reversal highs in July, as did the Dow Transportation Index.

The gold miners’ good performance in 2014 bodes well for gold not having to worry about a bear market taking place, like in 2013, or about testing again its major $1,178 bottom. We are still witnessing massive accumulation of junior miners’ shares since they touched...

Since my last reports on both gold and silver, price has come down to some key levels identified in those reports. So will both gold and silver turn up from here? Let's have a look at the charts and do our best to find out.

Investors commonly assume that rising interest rates adversely impact the gold price, and vise versa. They believe that a rising interest rate environment is indicative of a strong economy, which is supposed to drive investors out of gold and into the stock market...

As the month of August gets underway, the gold market has a solid feel to it. Analysts in 2014 who have held extreme price targets (both bullish and bearish), have found themselves looking like fish out of water. Gold has not skyrocketed on the supposed “massive...

And after the highly bearish trading action of late July, this is worth considering with the “what’s next” question front and center for most investors. There’s little doubt that the slicing of the S&P500’s 6-month uptrend was vicious, but it may be less clear...

With the first half of 2014 now in the books, many investors are happy with the performance thus far, especially given the economic headwinds that few saw coming. The 26% rally in U.S. stocks in 2013 gave way to a more modest 7% gain in the first half of 2014. Most...

Nearly seven years after the world's greatest financial crisis, we remain in monetary emergency mode, an irony matched only by the last minute (literal, and relatively quiet) battening down of the monetary hatches.

Surely all 12 charts shown below are Bearish Barometers for stocks worldwide…and will NOT go unnoticed by institutional investors (like large mutual funds, pension programs and bank trust departments). Only the ignorant and gullible hoi polloi will suffer loss....

We called the exact top in gold to the day in the last update 3 weeks ago, as it has since reacted back. Now the picture is more messy, with conflicting indications, but let’s see what we can make of it. There was no update for these 3 weeks as we were waiting for...

We saw more consolidation and chop for markets and stocks this past week, while even good earnings numbers aren’t helping stocks move higher. Moreover, we started to see some weakness come into the market Thursday which has begun to rock the bulls.

I first learned the significance of electrical power demand (EP) just after the Berlin Wall came down in 1989. With the collapse of the Soviet Union, the western intelligentsia was thrown into disarray with the discovery that intellectuals managing an economy could...

Long term – on major sell signal since Mar 2012. Short term – on sell signals. Gold sector cycle – up as of 6/20. COT data suggests a top is in for the metals.

And the matador strikes a serious blow! The bull is grievously wounded but it’s not ready to give in. Not just yet anyway. While the matador’s sword plunged deep into the bull, it wasn’t the killer blow. And if I’m right, the same can be said of this week’s plunge...

Earlier in the year, we stated 2014 could be like 2013, price-wise, and that appears to be playing out. However, as the idiom goes: appearances can be deceiving, and it is certainly true of the chart prices for gold and silver. The natural forces of supply and...

What is hard about investing? It's not the simple mechanics of investing. Nowadays if you have the money, it's easy to open an online trading account and start trading. You don't even have to talk to anyone usually, just mail in a check to the broker and off you...

I don’t normally write twice in a day.  However, it’s late Thursday afternoon and after watching what could be the “beginning of the end” of thre

Today’s AM fix was USD 1,284.50, EUR 959.16 and GBP 762.99 per ounce. Yesterday’s AM fix was USD 1,295.00, EUR 966.92 and GBP 767.36 per ounce. Gold fell $14.60 or 1.13% yesterday to $1,282.10/oz and silver slipped $0.25 or 1.21% to $20.37/oz.

Ignore the hype regarding gold, bonds, booms and busts, hope and chains, “shock and awe,” stock market crashes, “money honey” commentary, and ignore the politicians. Don’t obsess over High-Frequency-Trading and market manipulation. Instead, focus on the big...

For the first time in at least a couple of years, gold mining stock returns are outpacing those of the yellow metal itself.