Gold Editorials & Commentary

Stocks remained buoyant this week as the market believes the Fed will remain accommodative in view of the latest drop in U.S. unemployment numbers.

Sometimes a very simple picture can replace 1000 words, so as such, this brief update will illustrate what is driving the market.

We had a great week with markets consolidating recent gains and setting up for higher prices this coming week by the looks of things.

GLD - new sell signal this week.

With the rancorous fiscal-cliff negotiations dominating newsflow, the markets are rightfully on edge. Will a deal be reached as time relentlessly dwindles, or not?

Turn on the TV and this is what you'll hear: The US budget is heading for a fiscal cliff. If a deal isn't reaching in Congress by the end of this year, a combination of automatic tax hikes and budget cuts will sink America into economic depression.

Gold took a double hit recently based partly on a news item from the rumor mill that a large fund in Asia was selling to "run the stops."

For all of the Big Bad Wolf's huffing and puffing for the past few months, gold and silver are holding on. Let's look at gold and silver's step sum charts to see how the metals are currently doing. Gold looks good, not great, but good; which is good for us.

"These are the times that try men's souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of his country; but he that stands for it now, deserves the love and thanks of every man and woman." --Thomas Payne

The chart displayed below was taken from a recent article at The Daily Reckoning and shows the median gold price forecasts of analysts monitored by Bloomberg.

We don't hear much about gold and silver anymore on the news. This time last year you could not go 5 minutes without a TV or radio station talking about them. Why is this?

GLD - on buy signal.

There are some very respected technical analysts who are calling for an exploding gold price and there are also a few respected technical analysts who disagree with that view.

In order to satiate the world's growing hunger for silver, a lot of pressure has been placed on its supply chain.

Several immutable Gold Rules appear to be self-evident and powerfully manifested in the modern world of banker corruption, financial market intervention, currency debasement, phony accounting, and economic deterioration, all amidst powerful incessant media prop

The stock market is at a very critical pivot point which I feel will generate opportunities in December and for the first quarter of 2013.

GLD - new buy signal.

It was a big day for the Precious Metals sector on Friday, for the dollar broke down hard from its recent uptrend, and at the same time gold broke out upside from its Head-and-Shoulders base pattern.

Early in gold's secular bull, contrarian investors looked to real interest rates as one of this metal's primary drivers.

Despite the recent weakness we are becoming increasingly bullish about the prospects for gold stocks.

In this commentary we'll survey the intermediate-term to longer-term market terrain.

Heading into this Thanksgiving week we should see much less volume coming in, especially Wednesday on with markets closed Thursday and only partially open for a few hours Friday.

At this time of the year when most of us have a lot more to be thankful for than we realize, (count your Blessings) let us all say a small prayer for those among us who have not been so fortunate.

With the US stock markets falling sharply since the elections, shell-shocked investors are scrambling for the exits. And this mass exodus is certainly rational in light of 2013's record tax hikes looming for American investors.

Mark Twain wasn't writing about the gold market when he made his famous quote about historical recurrence, but he could have been, as the gold market has been "rhyming" every 21 months.

The first shoe dropped to the floor in September 2008. With heroic obtuseness regarding the causes, the world's central bankers flooded the financial markets with liquidity. Arguably, all that this achieved was a type of Indian summer.

No better way to see what the Dow Jones has done since its credit crisis lows, than to compared it to gold and silver with a chart, so here it is.

With the U.S. presidential election out of the way, the economy has taken center stage lately and for good reason: the economy typically benefits during a presidential election year while the 4-year Kress cycle is also peaking.

Since emerging out of the usual summer doldrums, silver's performance has been dazzling. Buyers are returning to this hyper-speculative metal en masse, driving some fast-and-furious gains.