Gold Editorials & Commentary

Happy New Year!

GLD - on sell signal.

Gold and silver come in multiple forms, each with their own unique yet interrelated supply-and-demand profiles. Among the most popular in the US physical market are the bullion coins produced by the US Mint.

There is a high probability that the correction in the gold price that started in early October at $1797 has been completed.

There is a high probability that the correction in the gold price that started in early October at $1797 has been completed.

In the course of history, some of the great crises of the past were beyond the pale of human control. Other crises, however, were created by the very people who suffered the effects of them.

With 2012 now behind us it's time to start looking for some new long term investments which have big potential gains in the new year. Copper is one metal that has caught my eye.

With 2012 now behind us it's time to start looking for some new long term investments which have big potential gains in the new year. Copper is one metal that has caught my eye.

Season's greetings!

GLD - on sell signal.

The typical human reaction to any infection, vermin, danger, or toxicity is to stand back, to isolate the agent, to trap it, to prevent its further spread or release, then to remove it in a safe secure way if possible using trained professionals.

The price of gold has been hit by selling under concerns over the upcoming U.S. "fiscal cliff." At least that's what the news media's explanation for gold's decline has been. Here's what Reuters had to say in a recent news article:

When someone says that QE (Quantitative Easing) is not inflationary they are probably claiming that it doesn't bring about an increase in the general price level.

We're now in the thick of the holiday season and we have to expect a very quiet week to come but that doesn't mean we won't see some nice moves. The low volume coming in the week ahead facilitates much easier movement of stocks.

Season's greetings!

GLD - on sell signal.

After gold’s losses of the past couple of weeks there is increasing talk about its bullmarket being finally over. In this update we will use long-term charts to determine whether these claims have any substance.

In tonight's report I would like to show you some charts from different areas of the markets that might shed some light on what is happening with the precious metals complex.

Silver has been selling off relentlessly since the Federal Reserve expanded its third quantitative-easing campaign last week. As that decision was highly inflationary, silver's subsequent weakness has really vexed traders.

Let's take a historical look at daily volatility in the old monetary metals from the early days of the 1969-80 bull market to the present.

Silver has been selling off relentlessly since the Federal Reserve expanded its third quantitative-easing campaign last week. As that decision was highly inflationary, silver's subsequent weakness has really vexed traders.

Let's take a historical look at daily volatility in the old monetary metals from the early days of the 1969-80 bull market to the present.

Let's take a historical look at daily volatility in the old monetary metals from the early days of the 1969-80 bull market to the present.

It seemed sufficiently important to draw your attention to the chart below:

Eventually all paper money returns to its intrinsic value - worthless. -- Voltaire

Wednesday Report I'm going to show you a lot of charts of which some are positive and some negative. Today was a day where a lot of investors felt compelled to buy strictly out of emotional reasons.

GLD - on sell signal.

Question: When is an unprecedented economic event tantamount to a non-event? Answer: When another Fed intervention is announced.

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.

Summary and Conclusion

Yesterday's price action was very bearish yet again and we are patiently waiting for a counter trend pullback to happen.

According to a recent comment by a well-respected analyst, one of the problems with using gold as money is that the supply of gold could experience large swings due to changes in mine production. The ignorance reflected by this comment is simply breathtaking.