Gold Editorials & Commentary

Since the beginning of the year, the US monetary base (MB) has increased $912 billion or just over 34%. The monetary base is the basest form of money. MB includes currency that is circulating in a country plus commercial bank reserves (required and excess) that are...

The WHOLESALE price of gold and other precious metals touched 4-session highs Thursday morning in London, after US Treasury secretary Jack Lew warned yesterday that the government will run out of money in just 3 weeks' time if Congress doesn't approve new debt.

The USTreasury Bond market breakdown is in progress, all part of the general USDollar global rejection that is taking the world by storm. Of course, residents inside the US Dome do not notice, since they only perceive it as the native currency. From conversations...

CAUTION! Before you continue…If you believe that total government debt can grow FOREVER and more rapidly than the underlying economy, this article is NOT for you. If you believe that governmental deficit spending, QE, and bond monetization can continue FOREVER...

Goldman Sachs created a stir recently when it forecasted that gold would fall to $1,000 an ounce by the end of 2014, as the firm expected the Federal Reserve to reduce its bond buying program. Goldman also suggested that gold miners might want to hedge their output...

My last analysis has was wrong, as Gold was not able to hold above important support around US$1,355. Instead Gold sold off sharply in front of last week´s FED meeting.

WHOLESALE gold held unchanged in London on Wednesday, moving around last week's finish of $1325 per ounce as world stock markets and the US Dollar also reversed yesterday's small moves.

Warren Buffet explained why he does not see the value in gold in his annual report from 2011. It was republished by ivanhoff, and came to my attention last week, which gave me this occasion to respond. Here I go.

The PRICE of wholesale gold retreated to yesterday's low at $1315 per ounce in London trade Tuesday morning, drifting down as world stock markets and commodity prices also slipped.

Is sizable QE tapering really going to happen? Perhaps, but the Fed has based the implementation of tapering on a consistent drop in the employment rate, and a steady increase in the housing market.

Last week, after the Fed said it would stick to its stimulus plan for now, the yellow metal gained more than 4%, leading the rally in commodities, and rose to a new one-week high. At the same time crude oil extended earlier increases and finally gained over 2% on...

In our 18th September Update we said that the Fed's decision not to "taper" was not, in and of itself, meaningfully bullish for gold. The economic effects of $85B/month of asset monetisation are not materially different from the economic effects of $70B/month of...

Everyone knows that gold (COMEX:GCZ13) and silver (COMEX:SIZ13) have value, but few people understand their real value. Some people say that the current price of gold and silver is too high after rising 12 years. Is that true? If we know the real value of gold and...

You can say a lot of things about working in the money management business, but you cannot include the words dull or boring in your commentary. The markets finally got past the overly anticipated September Fed meeting, which allowed the political posturing in...

Life (these days) as a precious metals commentator is a study in exasperation. Fundamentals mean nothing. What passes for “mainstream analysis” ranges from the merely inane to the totally insane. Financial crime in the sector – officially sanctioned – is rampant.

Analysis below was published on September 18th, in the morning prior to gold shooting up $60/ounce after the FED announcement.. Even before this event happened, the take home message was that the HUI and gold remain in sideways consolidation patterns with identified...

Last week’s opening title was ‘Get Ready for a Climax to the ‘Taper’ Hype’ and boy did it ever climax. The FOMC rolled over and the market over reacted. Everybody it seems (bears, bulls, inflationists, deflationists, gold bugs; everybody) was punished at one point...

If you listen to TV commentators, you’ve been told the worst is behind us. Growth is picking up, and Europe is coming out of its slumber. No one seems to be concerned that this tepid below-2-percent growth is being entirely fed by the central bank’s massive money...

BOTH the price of gold and silver recovered early losses Monday morning in London, regaining a 1% and 2% drop respectively as world stock markets slipped with commodities.

Why worry about what the Fed will or won’t do when the Long Term Delta turning points tell you what gold has done, will be doing and when it will do it? We know that ever since the bull market in gold began, in spite of all Central Banks, in spite of any and all...

I haven’t shown the following chart since last winter when it appeared the Dow Jones was working on a Head & Shoulder top; hence the three half circles over the 2000, 2007 and our current 2013 advance. With the Dow Jones now approaching 16000, it’s clear the...

We had an interesting week which really began to get interesting after the Federal Reserve said Wednesday (Sept 18) they would not be tapering their bond buying as many had expected. Gold rocketed just before the news and continued to move sharply higher before...

Our equity/bond model - This long term reliable investing model provides investors with simple decision making in the markets:
-When the model favors stocks, investors should overweigh in equities for maximum growth.
-When the model favors bonds, investors should...

A chart analysis on Gold, Silver, Gold Stocks and GDX rules via videos.

The proverbial handwriting has been on the wall for quite some time. Lying Ben Bernocchio just sealed the fate of the already doomed fiat Federal Reserve Note, aka the “dollar,” along with the financial well-being of most unsuspecting Americans who will be...

The surprise “no tapering” decision of the Fed basically means that the economy is not growing whilst Pimco’s Gross believes it is a handoff to Yellen. If Gross is right you have to wonder what is more important the economy or Yellen! Anyway if is Yellen she will...

Gold and precious metal equities are giving sell signals in all periods.

Just two short days ago the Fed told us the economic data did not justify tapering their monthly bond purchases. The stock market jumped higher. Less than 48 hours later,

The Federal Reserve shocked the financial world this week, defying universal expectations. It failed to start reducing the pace of its third quantitative-easing campaign’s debt monetizations, delaying the long-anticipated QE3 taper indefinitely. This surprise...

According to Reuters, gold is often seen as an inflation hedge (while it is really a system hedge in our opinion) and this safe-haven investment, has fallen nearly 20% this year on fears of an end to easy central bank money, which had propelled it to record highs in...