Gold Editorials & Commentary

Enough is enough. No market can decline without correcting every now and then. And both gold and the USDX point to an upcoming reversal. Let’s start with gold.

Gold’s winter rebound thwarted a 2013-like scenario. However, the sharp February selloff and nasty monthly candles reflect no bull market yet. Gold is stuck but remains in a larger handle consolidation within a super-bullish cup and handle pattern.

The Fed has recently released the hypothetical scenarios for its 2023 supervisory stress test. This test is conducted annually to show how the banks are likely to perform in a recessionary environment. The results of this test under the "supervisory severely adverse...

On the heels of overwhelming votes to remove all taxes from purchases of precious metals in Mississippi, legislators in Vermont have introduced a measure to curtail the controversial tax in their own state.

This video provides a discussion of gold rallies and how to get the optimum investment timing to make profits.

When it comes to technical analysis I subscribe to the KISS philosophy: Keep It Simple, Stupid! The more complex it gets, the more the study of charts and price patterns loses its usefulness, in my opinion.

Trading Recommendation: Go Long gold. Use puts as stops. Wave *c* of our very large wave .iv. bullish triangle ended at 1614.90 (XAU). From that low we continue to rally in wave *d*, which now appears to have become a double 3 wave rally, as shown on our Daily Gold...

Below we examine the historical interplay of losing wars, cornered egos, tanking currencies, greater controls and gold’s loyalty in times of open madness.

Gold stocks just closed at a new 2023 low! Not only that – miners declined more than gold while silver was “strong.” That’s a VERY bearish combo.

When I hear analysts and investors claim that “the market got it wrong” after a market move, it just makes me chuckle. This is probably the extreme in ego and hubris on display. Price is the market. And, if your perspective does not comport with price action, then...

While the war worshippers of the world take turns waving “I love Poohtin!” and “I love Jackboot Joe!” pom poms (and wave them far from the front lines of the war. The citizens of India, aka the “A Team”, are back on the buy!

The news is full of articles now discussing how food (Staples) producer prices are going to continue rising, how warehouse and distribution channels are pushing “inflation” higher, how charges to use cargo containers and transportation are all pushing “inflation”...

The best performing precious metal for the week was gold, but still off 1.21%. Barrick Gold’s overall attributable gold reserves increased 10% to 76 million ounces. Operating reserves (excluding the 12 million ounces relating to the Norte Abierto project) increased...

Something like the plot of Atlas Shrugged seems to be playing out across America. In the novel, corruption and mediocrity spread through institutions including the power company and the bureaucracies charged with keeping the lights on in New York City. Eventually...

As trust in the global economy amongst the major powers continues to break down, countries in the east continue to look towards solutions that don't involve the dollar. And one of the key answers that keeps coming up is the use of gold.

Recently I was shocked after speaking with five different investors on the phone. These investors have been involved in the markets for many years, and they trade their accounts. Surprisingly, not a single one of them knew what drawdowns were, as there are two types...

Get AAPL right and you get the stock market right. That has been our mantra for years, and it has never failed us. Apple shares and the broad averages are unlikely to go their separate ways because so many portfolio managers regard the stock as they do their Patek...

Today I'm going to look at the stock market and what I think is going to unfold over the next year or two.

From the comments made back in January, Gold was 'bracing' for its first correction of this year, with that correction expected to come from our 72-day time cycle, which is the most dominant cycle in the Gold market. That decline has played out on schedule, with the...

As it’s been since August, the Dow Jones continues struggling to break above its BEV -5% line. That’s a long time. Then since early November, the Dow Jones has daily closed in a tight trading range bounded just under its BEV -10% line, and its BEV -6.50% level.

Yes, Gold's key weekly parabolic trend as anticipated has flipped to Short, but with underlying support for a safe haven port. We'll get to that, but we're really compelled to begin with this:

As investors digest the latest readings on inflation, employment, and consumer spending, precious metals markets are wavering on fears of further rate hikes.

Stefan Gleason, President of Money Metals Exchange and the Sound Money Defense League, joins Keith Weiner on the Gold Exchange Podcast to discuss the success of sound money initiatives at the state level, a critical bill in consideration in Wyoming, and how you can...

Our proprietary cycle indicator is DOWN. GLD is on short term sell signal. GDX is on short term sell signal.

When gold was trading above $2000 oz. in the summer of 2020 the yellow metal was receiving its fair share of attention.  After a low point just under $1050 oz. in December 2015, the gold price had doubled in four and one-half years and bullish optimism was at fever...

Looking at gold from the short-term point of view, we see that it paused for a brief moment at its 38.2% Fibonacci retracement level. Some will even say that there was a “big reversal”…

When gold broke above $450 in 2005, prices never looked back. I see a similar outcome as possible when gold prices break above $2000, once and for all.

We've had a failed bullish engulfing candlestick on the miners.  Stocks like Tesla are popping, and defense stocks could be breaking out (with natural gas close behind).

Gold has been hammered lower in recent weeks by what looks like heavy gold-futures selling.  Normally these hyper-leveraged speculators’ positioning data crucial for gaming gold trends is reported weekly.  But unprecedentedly as far as I know, that has gone dark...

As I first noted here a couple of months ago, despite the Fed’s aggressive rate hike campaign over the past year, the funds rate remains below CPI. As such, it’s hard to call current policy “hawkish” in the context of history.