Gold Editorials & Commentary

It is nearly a year since the Fed on 23 March 2020 responded to stock market pressures and cut its funds rate to the zero bound and followed that three days later by increasing quantitative easing to $120bn every month. A further $300bn credit was to be directed at...

There are many signals we can use in our search for THE bottom in COMEX gold's seven-month consolidation. Let's explore a few of those today.

Flashback 11/21/2017: “President Trump nominated Jerome H. Powell as the new Chairman of the Federal Reserve Bank. Don’t look for much to change. And Janet Yellen’s announcement that she will resign from the board upon Mr. Powell’s induction as board chair is pretty...

BREAKING NEWS! This is the last regular article from Gary Christenson and Miles Franklin. I appreciate you, my readers. Thank you! Miles Franklin will occasionally issue special reports. Miles Franklin has been in the precious metals and customer education business...

Despite a penchant for double-speak that would make a politician blush, the Fed tells us that its primary focus is unemployment not inflation. Let me remind readers, however, that an openly nervous Mr. Powell came out in the summer of 2020 with a specific, as well...

Gold rallied, gold miners soared to new March highs and the USD Index finally moved lower; and most likely, these price moves are not yet over.

During the 1970's, the U.S. experienced a decade of below-trend economic growth combined with rising interest rates – and eventually – massively higher gold and silver prices. Some sectors boomed while others lagged, and then as now, the majority of the population...

Currently, gold prices are trending down and have been doing so since August. It’s probably not the best time for me to release this article because sentiment in the gold miners is currently dead. But there are some investors who are buying this correction or...

Over the last 9 years since we opened Elliottwavetrader, I have had the privilege of training thousands of investors, traders and money managers regarding how to appropriately view the stock market from an honest and objective standpoint. And, during that time, I...

The powerful sell signal for the Nasdaq that I issued in February has been followed by a disturbing “tech wreck” in the US stock market.

In this Part II, we will look at how potential currency shifts will prompt new trending in various economic sectors. The past 20+ years have really changed how the markets operate from a standpoint of capital deployment and capital function. We certainly live in...

Do you want to get your fix before the precious metals slide again? Recent moves in gold and the USD have made miners an attractive short-term bet.

Gold remains inert to President Biden’s large and hazardous economic plan, and ended up dropping below $1,700. President Joe Biden’s $1.9 trillion COVID-19 stimulus is coming! On Saturday, the U.S. Senate passed the American Rescue Plan on a party-line 50-49 vote....

Before we talk about Fedcoins, let’s look at the old school non-digital, non-blockchain, coin. Gold. And silver. Since January 4, the price has dropped about $244. And the price of silver has fallen about $4. Are these buying opportunities? Or the end of the brief...

The best performing precious metal for the week was palladium, up 0.60% as auto sales are expected to rise with the vaccination rollout. Silver ETFs caught a bid this week despite massive gold outflows. ETFs added 1.02 million troy ounces of silver on Thursday,...

The U.S. dollar’s value is set to get diluted by another $1.9 trillion. On Saturday, Senate Democrats narrowly passed their massive COVID relief bill on a party line vote. It includes $1,400 in additional free-money handouts for most Americans, $350 billion in aid...

Forget gold and silver for a moment. Do you hear the music? Yes, it’s coming from the mining ETFs club. But how long will the party last? And more importantly, why miners, you may ask? Because miners tend to outperform in the early days of a major rally.

We start this update with the latest version of Larry’s amazing gold chart. As Larry states… “Gold touched $1683.00 on Friday. Real close to touching the phantom outside possibility line.

“The gold standard did not collapse. Governments abolished it in order to pave the way for inflation. The whole grim apparatus of oppression and coercion — policemen, customs guards, penal courts, prisons, in some countries even executioners — had to be put into...

At this point in our lives, we are hoping the new COVID-19 vaccines will do their part to help move the world towards more normal consumer and economic activities. The US Senate recently a new $1.9 Trillion stimulus package that should continue to provide...

As you well know the PM complex has been trading at a very important inflection point for the last month or so looking for the next important move either up or down. I can make a case today for either direction but the Chartology is strongly suggesting the next...

If I see another article calling this market a bubble, or that the crash is coming, or claiming that “the party is over,” I am seriously going to scream. But, I guess we should thank all these article writers as they are adding bricks to the wall of worry that we...

There is some evidence that we are still in the bull market which started in 2009 and which could continue into the first half of 2021 before coming to an end.

From the NY Times on Saturday: The package would inject vast amounts of federal resources into the economy, including direct payments of up to $1,400 for hundreds of millions of Americans, jobless aid of $300 a week to last through the summer, money for distributing...

Last week's trading saw gold once again saw its high for the week made in early-week trading, here doing so with Monday's tag of the 1757.40 figure. From there, a sharp decline was seen into later in the week, here dropping all the way down to a Friday low of 1683....

The Dow Jones saw a little selling pressure this week; down on Tuesday, Wednesday and Thursday, but up on Monday and Friday. For the Dow Jones and most of the stock market (if not the NASDAQ Composite) I’d say this week was a net neutral.

The stock market has generated an official confirmed Hindenburg Omen stock market crash warning signal as of March 4th, 2021. It only takes two observations for an official Hindenburg Omen, and oftentimes we see more. This one so far has two observations, the most...

Now really apropos is our anticipatory piece from two weeks ago ("Gold's Near-Term Brush with the 1600s") as 'tis become reality. Gold settled out the week yesterday (Friday) at 1698 (almost kissing where 'twas a year ago in the above chart) and has now traded in...

“Today we’re still a long way from our goals of maximum employment and inflation averaging 2% over time…” – Jerome Powell March 4, 2021. The week that just passed presented us with more than a few seminal moments, those points in time where a well-constructed course...

Our proprietary cycle indicator is down. Gold sector remains on long-term BUY at the end of February. Our ratio is on a new BUY signal. Speculation is at the lowest level in years.