Gold Editorials & Commentary

Just a few months ago Poland announced that they would nationalize (confiscate) one-half of all its citizens’ private pensions to cut the nation’s debt. Prime Minister, Donald Tusk announced that the government decided to transfer government pensions and bond...

This could be a breathtaking week for gold investors around the world. A huge number of key financial reports and meetings are scheduled, and any one of them is probably capable of moving the gold price quite significantly.

While central banks endeavour to maintain the confidence in paper “money” and try to avoid a spike in the gold price, central banks have in fact become net buyers of gold since 2010. They do this in fact at a pace not seen since the early 1970s. In 2012, Central...

In addition to the excellent study of the Chinese gold market by the World Gold Council (WGC), which was recently released, we have received other reports on that ever-so important market that differ in viewpoint. We shouldn’t be surprised by this, not only because...

The boom/bust cycle is caused by fractional reserve banking. Rather than eliminate this practice, that is, rather than prevent the commercial banks from creating money out of thin air, central banks were established to 'backstop' the commercial banks. This paved the...

Last year China’s private-sector demand for gold reached a record level of 1,132 tonnes, and according to the World Gold Council (WGC), the Asian nation could easily dominate the gold market once again, as they predict demand growing 20 percent by 2017.

Briefly: In our opinion no speculative positions are justified from the risk/reward perspective. The situation in the precious metals sector remains tense – miners have broken above the declining resistance line, while gold hasn’t. However, taking Friday’s intraday...

It looks like gold and silver stocks bottomed on Monday, April 21, and that gold and silver also bottomed this week. Really? The usual reaction is, “the stocks have been hammered, gold is off over 30% from its highs, and silver is down nearly 60%. Sentiment is low,...

Palladium is not only a precious metal, it is also considered an industrial metal as is silver. However, palladium is 5 times more rare in the earth’s crust than is silver. Hence the great difference in value of each (i.e. Palladium is $810/oz. vs Silver at $20/oz...

Animals exist in an eternal now; to them the past means little and the future an incomprehensible impossibility. People are different, or at least they should be able to see the past as a key to future possibilities, but sadly, when it comes to economics we too...

At the beginning of the month I theorized that stocks were about to enter a final bubble phase, and that during that process gold should deliver a capitulation phase to end the three year bear market. This is a follow up to see how things are playing out now that we...

Another volatile week for markets. Moreover, leading stocks are being battered and most earnings numbers, even if good, cause a large sell-off, even after a large initial gap higher. It remains a dangerous market with not much to do. A lot of investors and traders...

One of the biggest problems for the West, the US in particular, is its increasingly parochial perspective from the narrowest of lenses, fully colored by the elite’s use of its main propaganda machine, the Maintstream Media. It will not work for people to expect...

Long term – on major sell signal since Mar 2012. Short term – on mixed signals. Gold sector cycle – down as of 3/21, ending the up cycle since 12/27. COT data is not supportive for higher prices overall.

John Kerry and other U.S. officials and once again banging the war drums. In the most recent comments, Kerry said that the United States is “ready to act against Russia.” The truth is that the U.S. has been acting against Russia for quite some time in various ways....

The figures are out and it looks like the United States exported a record amount of gold to Hong Kong in January. Not only was this a one month record… it was a WHOPPER indeed.

Dow Trouble Brews Charts Analysis, Gold Double Bottom Update Charts Analysis, Silver Volume Super Surge Charts Analysis, Gold Stock Bull Channel Charts Analysis

Gold’s sharp selloffs since mid-March have been mostly driven by American futures speculators’ heavy selling. These traders dramatically slashed their long bets on gold while ramping up their shorts. The resulting deluge of supply flooded the market and...

Systemic failure and its pathogenesis have been over 50 years in progress, with countless events. The origin is found with the cabal murder Kennedy, but the climax finale will be found with the Saudi Petro-Dollar rejection and the arrival of Eastern gold-backed...

Silver and gold price sentiment is an unmentionable reflection of the desires of central banking, backed by a currency enforced by decree.

In the two months since my last update on USD Fiat Money Quantity, it has increased by $292 billion to $12.861 trillion and is still growing rapidly as shown in the chart below. It is now 70.6% above where it would have been if it had grown at the long-term pre-...

Admittedly I had some reservations in 2006, when we originally began explaining the merits of palladium ownership.  Not because I didn’t believe in

For all the recent depressing price action in gold and silver, really nothing has changed in the past year. Take silver’s BEV chart as an example, below we see where in April of 2013 it was bushwhacked to its BEV -60% from its BEV -40% line in just a matter of...

Recently, it was reported Warren Buffett the world’s richest man is accumulating massive amounts of cash, implying stocks may be over-valued. The Sage of Omaha’s net worth tops $63 Billion, which was made entirely from his stock market investments over the decades...

The bottoming process for gold and silver shares has been arduous as they’ve oscillated back and forth for almost a year. We noted a month ago that the failed breakout in March was strong evidence that an interim top was in place. Heading into this week it looked...

Briefly: In our opinion no speculative positions are justified from the risk/reward perspective. Yesterday’s price action in the precious metals market might seem perplexing to some investors and there’s good reason for it. Gold declined, but silver didn’t, and...

In many countries, inflation is beginning to creep higher. Please click here now. That’s the Australia CPI (Consumer Price Index), courtesy of Trading Economics. The next report will be released today. Note the recent jump in prices. It comes as the Western...

Today I want to talk about crises. Two of the most notable ones that have been in the public eye over the course of the past 6-8 months are obviously the conflicts in Ukraine and Syria. The two are very different, yet both seemed to cause rallies in the gold market...

Among its 29 pages of high quality market analysis, this week’s edition reviewed the Commitments of Traders (CoT) structures of a few markets and their implications.

In the context of the magnitude of the rally from the December lows that preceded it, gold’s reaction from its March highs, see 1-year chart below, seems like a reasonable correction, although there have been some factors indicating that this is not a normal healthy...