Gold Editorials & Commentary

The Federal Reserve last week reiterated its commitment to an unprecedented inflation-raising campaign. Specifically, the Fed aims to push the inflation rate above 2% for an extended period.

In August, our article Cycles Support A September Buying Opportunity reported the potential for an aggressive cycle decline into the next 6-month low. That collapse is underway and we could see a buying opportunity by late September or early October.

So far, 2020 has been an incredible and challenging year for the many markets, and that does not exclude gold, arguably one of the most important and most valuable commodities in the world.

The best performing precious metal for the week ended September 18 was palladium, up 1.57 percent as hedge funds boosted their net-long position to the highest in six-months. Gold had a second weekly gain after the U.S. dollar steadied and investors weighed a...

The stock market hates uncertainty. That is the worst environment for stocks. Presidential Elections create enormous uncertainty. First, let’s consider the scenario where an Incumbent President is running for reelection.

SPX is still essentially basing until it gets above 3380. During this process, it must remain above 3330, or something else (to be determined) is taking place.

Last week's trading saw gold forming its high in Wednesday's session, here doing so with the tag of the 1983.80 figure. From there, a decent decline was seen into Thursday, with the metal dropping down to a bottom of 1938.20 - before bouncing off the same into the...

Per the wording in this week's title, to fundamentally find anything "negative" for Gold these days is a fool's game. Certainly so since price unwound from having gotten ahead of itself nine years ago.

All three major stock-market indices completed three consecutive weeks of falling today as we head into fall next week. The NASDAQ, as you see in the opening graph, has set up a clear trend of perfectly aligned closings this week.

Gold sector remains on long-term buy at the end of August. Long term – on major buy signal. Short term – on sell signals. Gold sector cycle is down, a consolidation/correction is in progress. 

At least through 2023: That’s how long the Federal Reserve expects near-zero interest rates to last as it seeks to support an economy that’s seen more than 60 million jobless claims since mid-March. Gold has thrived in this low-rate environment, hitting an all-time...

Views of gold in relation to other markets and brief summaries thereof, with a focus on how it relates to the gold mining sector and the inflationary macro to come.

Gold and silver investors who were hoping Wednesday’s FOMC meeting would be a catalyst for a major breakout move were largely disappointed. The metals complex didn’t see an immediate boost from the Federal Reserve’s dovish policy meeting. Still, the central bank’s...

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

In the global financial world, with a highly interconnected economic dependence, commodities, energy, materials, and in particular, currencies play a pivotal role in the stock market’s heterogeneity and connectivity. This applies to gold as well as the world’s...

Gold has been consolidating high since early August, when it rocketed parabolic on colossal gold-ETF demand. That 6-week-old sideways drift has worked off some greed and overboughtness, but plenty still remains. So gold isn’t out of the woods yet for this essential...

One problem with market participation is that there is no little league. You can’t carve yourself that little niche out to make some bread and butter trading. You are up against the best in the world. Up against supercomputers and true masters of trading. There is...

Money manager Adrian Day takes a look at the gold stocks—the senior miners, in particular—and discusses whether they remain undervalued or whether they have moved too far, too fast.

When someone asks what the price of gold is, the answer depends on which gold market he means. In most cases, the different gold markets are close enough that the minor differences are insignificant. TV news anchors just want to know if the price is in a major trend...

Yesterday, the Fed issued a statement regarding the FOMC meeting, which was held from September 15-16. The US central bank kept the interest rates and the conditions of its quantitative easing unchanged. The chart below shows the levels of effective federal funds...

The reason I am sending out a mid-week update sooner than normal is because GLD has an important update I needed to highlight. As of the weekend, the GLD only had 3 waves up off a potential wave iv low, so I said I had no reason to consider it having competed.  ...

“Look at the underlying fundamentals that are driving it [gold and silver prices]. The financial condition of the country that hosts the reserve currency deteriorates more everyday and the Central Bankers are trying to kick the can down the road on an inevitable...

Embrace uncertainty has long been one of my personal mottos. Because from this moment on, everything is uncertain whether it is your personal health, the stock market or the economy. Sure, we work with probabilities and the most likely is that the sun will rise...

The demand for physical delivery off of the COMEX futures exchange continues at an unprecedented rate. What does this mean for 2021 and beyond? As most precious metals investors know, physical "delivery" from the COMEX futures exchange has always been a sort of...

These are trying times, as far investors' vigilance and patience goes. Neither gold, miners, nor the dollar are making stunning moves, yet they're still sending valuable messages. How come? They're in tune with our previously identified odds for their next moves.

There is a great story surrounding the late Joe Kennedy, father of former U.S. president John F. Kennedy, and a Wall Street robber baron of the highest order. A dedicated market player in the 1920s, as rumor (or myth) would have us believe, one fine morning in late...

On Thursday, the members of the Governing Council of the ECB met together to undertake monetary policy decisions. They decided to leave the interest rates and the conditions of the quantitative easing unchanged. This lack of action was widely expected, so attention...

Competition is supposed to be healthy, but when governments compete to see who can borrow the most money while paying their lenders little or nothing… that’s not healthy at all.

RESEARCH HIGHLIGHTS: Gold Pennant/Flag formation is now complete and setting up new momentum base near $1,925. Our Adaptive Fibonacci Models suggest support will prompt new Gold rally to $2,250. The rally in Gold will continue to extend higher over the next 4+ weeks...

As you know, I don’t make predictions based on charts, but clearly there is intense convergence of long-term support around the 2,000 level and strong indication of a subliminal desire in the market to keep plumbing the bottom to find that depth.