Gold Editorials & Commentary

It has been a very long couple of years for the precious metal bugs. The price of gold, silver and their related mining stocks have bucked the broad market up trend and instead have been sinking to the bottom in terms of performance.

Futures speculators are extraordinarily bearish on gold today.  Their short positions on it are extreme and unprecedented, the highest seen by far in gold’s entire dozen-year secular bull.  They expect downside gold momentum to persist indefinitely.  But despit

The U.S. Mint has resumed selling its 2013 American Eagle One-Tenth Ounce Gold Proof Coin at a hefty $195 per coin as of last week. The Mint has set a 20,000-coin production limit for the coin.

If you hold precious metals in your portfolio, there is a good chance you fear hyperinflation and the crash of fiat currencies.

In a continuation of the article on the rising convertibility of the Chinese Yuan towards the end of this year we look further into the path both the Chinese Yuan will follow and the changes that will follow in the global monetary system.

Despite the recent weakness, the broad market has displayed a fair amount of resilience in the face of rising interest rates and falling commodity prices.  The charts even leave us with some hope that there will be one more rally to new highs in the coming week

At the conclusion, I will offer a solution.

Society requires money to be maximally fungible, as this maximizes the division-of-labor which increases efficiency, productivity and prosperity.

Australia and New Zealand, as well as many other nations around the world, have caught an economic virus of sorts.

The USTreasury Bond is the primary vehicle for the USDollar. Nations do not hold the USDollar in raw currency form, except for the crime syndicates. They hold them in USTBond form, in order to gather some interest income.

The USTreasury Bond is the primary vehicle for the USDollar. Nations do not hold the USDollar in raw currency form, except for the crime syndicates. They hold them in USTBond form, in order to gather some interest income.

In one of the most audacious hearings I have seen, Apple CEO Tim Cook, was summoned to Congress last week to explain why his company has not paid any corporate income tax to any national government on more than $74 billion in overseas earnings.  While most regu

The Fed’s purpose, when it comes down to it, is to buy bonds. Under their various “Quantitative Easing” (QE) programs, they sure have bought a lot of bonds. This pushes up the price of the bonds.

The gold bears may have gotten themselves into a bit of hot water.   

One of the simplest and best ways to ascertain gold's long-term trend is to look at its performance relative to commodities in general.

In one of the most audacious hearings I have seen, Apple CEO Tim Cook, was summoned to Congress last week to explain why his company has not paid any corporate income tax to any national government on more than $74 billion in overseas earnings.  While most regu

Over the past couple week’s investors and traders have been growing increasingly bearish for the US stock market. While I too also feel this rally is getting long in the teeth there is no reason to exit long positions and start shorting.

One of the simplest and best ways to ascertain gold's long-term trend is to look at its performance relative to commodities in general.

Commodities stocks have two primary drivers, commodities prices and the general stock markets.  When both are doing well, commodities stocks thrive.  But when both are weak, commodities stocks amplify their losses as we’ve seen during the sharp universal correc

Silver's massive surge since late January has naturally made it wildly popular these days. But with the general-stock-market weakness gathering steam, silver traders are increasingly wondering if it could somehow spill into and affect silver.

The only thing that’s free right now is the air that we breathe. Other than that it costs to manufacture every object and commodity in the world.

Every day I am asked, “When is the ‘economic collapse’ going to happen?”  I have to tell them, “It already has!”  One has to but open their eyes to see what is happening around the globe, but most don’t.  They are waiting for an edict from the government announ

Since the price dive in April, gold fought its way back to $1480 before succumbing to renewed selling as general equity indices rallied and the US Dollar took off.   It has traded back close to, but above, it’s April low before regaining some traction.  As this

I made charts for gold and silver priced in constant 1920 dollars I thought my readers would find interesting.  The plots’ prices are ratios with the nominal dollar price of the metals for the numerators and the indexed increases in Currency in Circulation (Cin

It is amazing so many investors are oblivious to the fact that the developed world is completely addicted to artificially-produced low interest rates.

The month of May is now on the books. The question is, can anything new be learned from them? Maybe not, but you would have to see them to understand why not.

Although you wouldn't know it from listening to all the bearish commentary out there, silver is actually enjoying a strong young upleg. Its technicals are very bullish, contradicting the prevailing pessimism gripping traders.