Gold Editorials & Commentary

After years of paying attention to the price action and not the mainstream market commentary. — Thanks in large part to Ted Butler and GATA — here are some of the dominate forces that currently seem to be determining price movements in the precious metals:

SPOT BULLION prices for gold fell $25 Friday morning from yesterday's 7-session high, trading at $1350 per ounce as concerns grew that next month's US "debt limit" deadline could spark panic in financial markets.

In this Part VI, we look at The End. At the beginning of Part I, I noted in passing that we now have a positive feedback loop that is causing us to spiral into the black hole of zero interest. In astrophysics, the theory says that a black hole is a singularity with...

Having allowed a couple of days for the tidal wave of mainstream, post-“tapering” nonsense to subside; it’s now time to look at the facts, as once again The Boy Who Cried Exit Strategy got in front of microphones to say “just kidding.”

The U.S. stock market is near all-time highs, while politicians and economists are blathering about recovery, low inflation, and good times, but instability and danger are clearly visible in our debt based monetary system. To the extent we rely upon the fantasies of...

Ben S. Bernanke reinforced his standing as the most activist Federal Reserve chairman in history by doing the unexpected: nothing. Wednesday before the markets opened and several hours before the Fed dropped the “no-taper” bomb on the investing public, we penned the...

Difference between India & China. While both nations have been touted as the fasted growing nations in Asia, there are stark differences between the two nations that are coming to the fore now. The first is that in China, the population has a fear of gov’t and...

That was a huge announcement by the Fed yesterday (18th) to keep monetary policy the same and the effect on the markets was immediate and dramatic. To say that this announcement was gold friendly would have to be one of the understatements of the year. Gold soared...

WORLD stock markets, foreign currencies and commodities extended yesterday's jump versus the US Dollar in Asia and London on Thursday morning, with gold regaining the $1370 level it leapt to after the Federal Reserve voted not to trim its quantitative easing program...

Today’s (09/18/13) price action gave us a very important clue that a major shift is brewing in regards to the precious metals complex and most likely commodities as well. These kinds of days don’t come around very often but when you see such a massive move during...

The Fed's failure today to announce some sort of tapering of its QE program, despite the consensus of an overwhelming percentage of economists who expected action, once again reveals the degree to which mainstream analysts have overestimated the strength of our...

Why are the markets so excited that the smartest guy in the room takes his name out of the running for the (second?) most powerful job in the world? With Larry Summers no longer holding back the markets, what’s next for the dollar, currencies and gold?

Today, gold in the global market extended losses into a third session and dropped below $1,300 an ounce, with investors expecting the U.S. Federal Reserve to announce a reduction in its bullion-friendly stimulus measures.

Interest on money causes financial instability and contributes to economic cycles. Governments and central banks try to reduce financial instability and economic cycles. Because of their measures, many people think that they are safe. This introduces a moral hazard...

The Bullish Trifecta Fed Statement. Reduce monthly bond purchases by $10B. Future tapering decisions will be data dependent. Pledge to keep interest rates low for an extended period.

Some commentators such as Mohamed El-Erian, the chief executive officer of Pacific Investment Management (PIMCO), are of the view that the Federal Reserve’s policy of massive asset purchases has added very little to economic growth. A study published by the Federal...

Tomorrow, outgoing Federal Reserve Chairman B.S. Bernanke will do one of two things (while his “friends and supporters” continue to sharpen their knives). He will either (formally/finally) announce the absurdly-hyped “tapering” he has promised; or he will back-down...

A number of bank analysts have suggested that gold could decline to $1000 in 2014. If economic reports continue to suggest growth is accelerating, the Fed might taper quite aggressively, and that could hurt gold prices.

The media love to get a hold of buzz words and then give them a spin and a life all their own. Recent examples were the mainstream media’s presentation of ‘Operation Twist’ – which was simply an official yield curve manipulation designed to sanitize and dampen...

In my previous article (What if the Fed Really Tapers QE? - http://www.gold-eagle.com/article/what-if-fed-really-tapers-qe ) I focused on what would be the likely outcome of limiting the QE program on several key markets (gold, real estate, stocks and bonds). Today...

Wall Street is now reflecting upon the fifth anniversary of the Lehman Brothers bankruptcy and the start of the Credit Crisis. In fact, most are celebrating the belief that the complete collapse of the American economy was avoided thanks to a massive intervention of...

Gold fell around 5% last week despite no major economic data, news developments or significant news regarding physical supply and demand. Once again the decline in the price of the yellow metal can be attributed to massive selling of futures contracts leading to...

The facts are now becoming abundantly clear, that the forecast we’ve maintained for well over two years has been validated: the US is in a DE-pression and both Washington and the Federal Reserve have wasted trillions of Dollars.

Recently we’ve been writing that another opportunity is coming to buy gold stocks. While this is still the case, the facts have changed and we have to tweak our view. The evidence argues that the mining stocks are now likely to retest their lows. Rather than that...

In this report, we look at supply and demand fundamentals in the gold and silver markets. In brief, the basis and cobasis are spreads between the spot and futures market. A rising basis and falling cobasis indicate increasing abundance. A falling basis and rising...

Global petroleum markets continue to price in the odds of war and peace, tough negotiations between Secretary State John Kerry and Russian Foreign Minister Sergei Lavrov continue in Geneva as they seek a way to avoid war and to eliminate Syria of those nasty...

A few have inquired about our greater focus on the charts as they pertain to the Precious Metals, of late, a shift of which we have been cognizant. The reason is, it suits our purpose. Our purpose is to pursue profitable trading, and telling “stories” is not...

Looking at the charts of crude oil, we clearly see that the major factor, which has driven the price of light crude in the recent weeks was the uncertainty around Syria. At the beginning of the previous week, crude oil began to drop after Russia offered to help put...

The PRICE of gold fell hard Monday morning, retreating near Friday's 5-week lows after earlier spiking to $1336 per ounce in Asian hours despite wholesale dealers reporting lacklustre trade.

Following the August 31, 2013 Market Minute titled "gold's rise may be coming to an end", the precious metal now appears to have found solid upside resistance at $1,400-$1,450.