Gold Editorials & Commentary

Do you feel the Christmas spirit when it comes to the yellow metal and miners? Because we don’t. Multiple signs over the past few days point to bearish weeks ahead for gold and the gold miners. The VanEck Vectors Gold Miners ETF (GDX) - the most liquid vehicle for...

For the almost decade that I have been writing publicly, I have implored you to recognize the importance of market sentiment in determining the direction and turning points in the market.

The run has started early in Germany: “Gold and silver in the form of coins and bars are experiencing an enormous surge in demand at German precious metals dealers” (link). This is to be expected but the Germans, more-so than any other EU country (Switzerland is not...

There is no apparent intermediate top on the horizon, but the short-term will be determined by the timing and success of the next relief bill which is now being considered by congress.

The president’s election has turned more convoluted than even the more complex plots of a top mystery writer. It looks to take more than a week or two, into 2021, to resolve in either one way or another. Time enough then to speculate about what the future might be...

Last week's trading saw Gold forming its low in Monday's session, here doing so with the tag of the 1820.00 figure. From there, a sharp rally was seen into late-week, with the metal running all the way up to a Thursday peak of 1902.00 - before backing off the same...

It being toward year-end, indeed that for the decade, our good friends over at Investing.com again asked us to soothsay that which we see for next year. Thus we also think it apropos by which to herein open as follows:

This week the Dow Jones saw its fourth post March 23rd bottom BEV Zero on Thursday, with the first of these four happening on November 16th. There is a pattern here; the Dow Jones goes on to a new all-time high, and then (or so far) it takes a break for a week or...

Our proprietary cycle indicator is now UP. Long-term – on major BUY signal. Short-term – on buy signals. Gold sector cycle is now UP. The multi-month correction is at completion.

Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.

President-elect Joe Biden is expected to increase further government spending. For this and also other reasons, there is a risk that inflation under Biden’s presidency could be higher than under Trump’s. That would be great news for gold.

The gold miners’ stocks are rallying on balance again, following their recent multi-month correction. For several weeks now they’ve been carving both higher lows and highs, which sure appears to be forming a nascent uptrend. That increases the odds a new bull-...

In the first part of our research, we highlighted our broad market super-cycle trend analysis. This analysis suggests the global markets are shifting away from a stock market appreciation phase into a depreciation phase. This shift will likely prompt a new...

It is not for no reason that cryptos are roaring, and precious metals are playing catch-up. In the last month there have been developments that point to a new phase of accelerating monetary inflation for the dollar, and fiat money is only just beginning to be...

In NFTRH we did a lot of work managing the oncoming correction, the valid reasons behind it (these reasons are beyond the scope of this post, but don’t listen to the perma-bulls, they were more than valid and readable in advance), the now nearly 5 month old...

Did the Federal Reserve just usher in the next phase of the U.S. dollar’s decline? On Wednesday, the central bank recommitted to leaving its benchmark interest rate near zero for the foreseeable future.

In recent weeks we wrote first that the gold mining stocks were approaching a bottom and later that they had hit bottom. Bottoms typically occur in an instant. They are rarely a process like tops.

The behavior of the mining stocks since early August is the reason why I am emphatic in recommending to never go “all in” and to keep plenty of cash on hand to take advantage of market pullbacks. The sector had a massive up-cycle since mid-March.

Gold is winding up to set new all-time high record prices next year. I know it may not feel that way for some right now, with gold correcting and consolidating since early August.

Over the past few months, my research team and I have published a number of articles suggesting a broader market depreciation cycle has set up in the US/global markets that may propel precious metals much higher over the next 5+ years. If you have missed these,...

The broad equities index remains the only “threat” to gold and gold investors, said Rick Rule, president of Sprott U.S. “The bull market that we have experienced in equities and bonds going back to 1982, might lead to a circumstance where some investors and...

By now it seems that gold’s refusal to rally despite the USD Index testing new lows is an example of bucking the trend. The same applies to silver and the miners. This trend, throughout recent history, has implied that the stronger the value of the U.S. dollar, the...

We have written much on the topic of economic measurement. Does the dollar measure gold, is it appropriate to say that “gold went up”? Or does gold measure the dollar?

Gold often begins a significant seasonal rally around the time of the Fed’s December meeting. The next Fed meet begins today… and gold is up nicely this morning!

The Governing Council of the ECB met last week, announcing significant, dovish changes to its monetary policy . First of all, the ECB decided to increase the envelope of the pandemic emergency purchase program (PEPP) by €500 billion to a total of €1,850 billion. It...

Silver still has some way to go before bottoming. It has not rallied despite a lower USDX (gold and miners did not rally either) and a higher stock market. Silver has bright days ahead, but not until it passes this most recent downward shift in trend. And please...

Americans may start the New Year without certainty as to who will be sworn in as president on Inauguration Day. President Donald Trump and his supporters can’t find courts willing to consider their evidence of widespread voter fraud. Trump is not likely to concede...

When the market cap of equities reaches 183% of GDP and gov't bonds yield near 0%, or even less overseas, the notion that one can just buy and hold a balanced portfolio is extremely dangerous. The minefield is not packed with IEDs, it is actually replete with...

Here was a reassuring headline last week from Forbes online:  Airbnb’s Higher Valuation Is Reasonable.  What a relief! We can always count on the financial news media to provide a list of reasons why a stock is not overvalued no matter what its price.

Cognitive dissonance is the uncomfortable feeling one gets when, for example, one is in a new place and one ‘knows’ instinctively where east and west is, but then the sun the next morning rises in what one ‘knows’ is ‘west.’ It disorientates one and creates a...