Gold Editorials & Commentary

Last week's trading saw gold forming its high in Tuesday's session, here doing so at the 1879.80 figure. From there, a sharp decline was seen into late-week, with the metal dropping all the way down to an early-Friday low of 1826.80 - before bouncing off the same...

An alliterative title, indeed favourably flowery for Gold's having ground up the so-called "weak longs", its gathering fresh ones and getting grooved for the oft-seasonal price rise into year-end.

Since November 16th when the Dow Jones made its first BEV Zero since its -37.5% market bottom of last March, it has remained within 2.5% of its BEV Zero as well as making two additional new all-time highs.  The current chaos resulting from the presidential election...

The full-year 2020 was a wild year for gold. After a strong 2019, the gold price took a hit in March 2020 as global liquidity evaporated and real interest rates spiked. However, the inevitable policy response of rate cuts, massive QE, and huge fiscal deficits...

After making a top shy of its 3740 projection, SPX could retrace down to about 3600 before completing its current minor correction. 

After a recent spike to the upside over the past seven days, both gold and silver have turned negative again and could be headed back to their recent low points reached early in the day on Monday, November 30th.

Our proprietary cycle indicator is DOWN, but appears to be bottoming. Gold sector remains on long-term BUY at the end of November. Gold prices have found support at the 200eam.

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

The gold miners’ stocks are finally perking up again, after spending months slogging through a grinding correction.  Contrarian traders are taking notice, starting to redeploy capital in this high-potential sector.  Gold miners’ earnings and thus stock prices are...

In November, Pfizer and BioNTech announced that their mRNA-based vaccine candidate, BNT162b2, had demonstrated evidence of an efficacy rate above 90% against COVID-19, in the first interim efficacy analysis. As Dr. Albert Bourla, Pfizer Chairman and CEO, said:

The gold futures contract lost 0.06% on Thursday, as it fluctuated following Wednesday’s decline of almost 2%. Last week the market has reached a new low after breaking below local lows along the price level of $1,850. Four weeks ago gold sold off 5% in one day...

After an extraordinary rally, gold recently entered an anticipated correction phase, which both math and history suggest is about to re-enter a continued trend dramatically upward. A primary driver for such sustained precious metal strength is an historically...

Markets are in for a very wild ride as Covid continues to be front and center and the stock market is still holding up in spite of the threat. There is an attempt at the Santa Rally, we will see if it succeeds. Nonetheless, renewed investor interest will keep things...

The final weeks of the tumultuous year that has been 2020 present opportunities for investors to get their financial houses in order ahead of the New Year. Nobody knows what 2021 will bring. But new political risks are likely to emerge – including the threats of...

A very interesting setup in both Copper and Bonds seemed to have telegraphed the collapse in the US stock market in early 2020.  T-Bonds, which had been consolidating into a downward price channel prior to the COVID outbreak, suddenly broke through the downward...

Brace yourselves, winter is coming! It may be a harsh period for the United States, but much better for gold. Some of you may have seen snow this year already, but the astronomical winter is still ahead of us. Unfortunately, it could be a really dark winter. Instead...

Gold’s rally days appear to be numbered based given i.a. the weakness present in gold mining stocks. Gold miners usually lead gold, so examining their performance can often lead to extra insight into gold’s future price movement.

Is the global investment world about to be caught in the Hannibal trap? Hannibal was considered as one of the greatest military tacticians and generals in history. He was a master of strategy and regularly led his enemies into excruciating defeats.

The question on everyone’s mind is: when is it a good time to buy some gold or silver after they bottom? The answer to that question is simple: when key triggers are met. Count-trend rallies in gold or silver don’t mean that they have enough energy and momentum to...

Over the past few weeks, we've tried often to remind you that the year 2020 is unfolding almost identically to the year 2019...at least in terms of COMEX precious metal prices. COMEX gold fell from early September to late December last year and then resumed its...

As this is being penned, I am seated in my den just after 7 a.m. looking out into the pitch darkness of an early December morn and the only light is a reflection off the cool waters of the lovely swamp Lake Scugog emanating from the bustling metropolis known as Port...

Gold stock enthusiasts who bought metals and miners at my key $1788 buy zone for gold are looking very good. The $1767 low is also now a buying area.  On the sell side, $1966-$2089 is a good spot to do some profit booking. 

First, let’s examine the facts. As the chart below shows, total nonfarm payrolls in November 2020, rose by just 245,000, following much larger gains of 711,000 in October. What is important here is that the US economy added significantly fewer jobs than expected –...

Gold had its first weekly advance in a month after rising back above $1,800 on Tuesday and as prices steadied on Friday. Bullion rose to a one-week high on Thursday as investors weighed prospects for a vaccine and the murky outlook for U.S. stimulus negotiations,...

The conventional view of inflation is that it’s not only low, but dangerously low and in need of aggressive encouragement. But that view is becoming increasingly hard to defend, given all the things that are soaring in price.

Getting back to gold, it’s not just this week’s increase in the concentrated short position of the 8 largest traders or the sharp increase in net buying by the other large reporting traders that stands out. In a truly “man bites dog” affair, this week’s new...

In this brief, 15 minute MAM Chat, Matterhorn executives Egon von Greyerz and Matthew Piepenburg discuss their respective experiences and insights regarding wealth preservation themes in general and gold in particular. Matthew draws from his trading and family...

When the market rallies after bad news hits the wires regarding the vaccine, and when the market rallies after news of lower job growth, well, that is the hallmark of a bull market.

As this is being penned, I am seated in my den just after 7 a.m. looking out into the pitch darkness of an early December morn and the only light is the reflection off the cool waters of the lovely Swamp Lake Scugog emanating from the bustling metropolis known as...

A recent more often read word in commentaries on matter of an economic nature is “reset”. As a term it is unlike, ‘overweight, ‘fast’ and ‘tall’, where people know quite well what it means; it is more like “beautiful’ and ‘rich’, where the one who hears or reads the...