Gold Editorials & Commentary

The Fed has blown the current stock bubble to an unprecedented magnitude. While the most outrageous overvaluations are concentrated in the tech sector, the valuation insanity has engulfed the entire stock market. Bubble chasers ran Hertz, a bankrupt company that...

Acknowledging Eric Hadik’s analysis that the 40-week cycle is in an inverted mode appears to be the correct step to take.  We do not yet know how much weakness will come into the market after the inversion, but a clear warning that a significant correction may be...

Having only just returned from the majesty of Georgian Bay, where the first fishing derby of the season had me summarily trounced by my female partner 12-5 with most of her catches in the 1-2 pound category with mine barely larger than the lure that attracted them...

Estimates of the volume of the global market for financial market range from 700 Trillion dollars to upwards of 1.5 Quadrillion dollars. For comparison, the combined market cap of Wall Street and the NASDAQ is about $50 trillion – from about 7% down to 3% of the...

Gold's settling yesterday (Friday) at 1802 puts price within 100 points of the All-Time Closing High of 1900 as established back on 22 August 2011. As fervour builds to break that record, 'tis a good time toward maintaining perspective for another round of "Facts,...

Since June 11th (the past month) the Dow Jones continues struggling with what it’s to do next; break above and stay above its BEV -10% line, or break below and stay below its BEV -15% line.

Our proprietary cycle indicator is up. Gold sector remains on long-term buy at the end of June. Long-term – on major buy signal. Short-term – on buy signals. Gold sector cycle is up, at a multi-year high. We are holding long and short-term positions. 

Far from being mired in the summer doldrums, precious metals markets appear to be on their way to making this summer one for investors to celebrate.  $20+ silver and new record highs for gold are both well within reach.

We are nearing that mid-point in July when I said we would start to see the news turn from euphoria-inducing reopening positives to depression-developing realism. Speaking of stock-market bulls who are stampeding uphill on the euphoria side, I wrote,

The gold miners’ stocks are blasting higher, just achieving major new secular highs!  Traders are flocking back to gold stocks as the metal they produce relentlessly advances on strong investment demand.  That is atypical during market summers, but the pandemic has...

Sometimes when we observe people on the streets, when we see crowded restaurants and pubs, it seems like the pandemic has ended. But is the global epidemic really over? Not at all. Please look at the chart below. As one can see, the daily number of confirmed cases...

Boris Johnson recently compared his reconstruction plan with Franklin D Roosevelt’s New Deal. Such is the myth of FDR and his new deal that even libertarian Boris now invokes them. Unless he is just being political, he shows he knows little about the economic...

The monetary “gods” at the Federal Reserve have created the perfect monetary policy recipe to fuel gold, silver and mining stocks to new all-time highs and beyond. While the bubbleheads in the financial media have been garishly cheerleading the general stock market...

Today, both silver and gold broke above important technical levels.  The gold price hasn’t been this high since September 2011 when it peaked at $1,923 during that month.  Silver finally pushed through the critical $18.50 level and closed at $19.16, according to...

We started yesterday’s Gold & Silver Trading Alert with the Gold Miners Bullish Percent Index, and we’ll start today’s analysis in the same way. We’ll do so, because we received a question about whether gold miners stayed overbought for a long time, while they...

The U.S. is still knee-deep in the first wave of Covid-19. So, gold should be still knee-deep in the bullish wave. “Really not good.” This is how Anthony Fauci, the U.S. leading infectious disease expert and the member of the White House Coronavirus Task Force,...

Most everyone you know is a member of a cult. It’s not their fault, and they didn’t consciously seek it out, but your friends and family and almost everyone you know and even come in contact with belong to a system that has brainwashed them.

During the 70s bull market, gold went from $35 to $195 in the first phase. That was a 458% increase. The first phase of the current bull market took gold from $252 to $1920, which made for a 661% increase.

Is everyone familiar with the bet between Julian Simon and Paul Ehrlich? Ehrlich wrote a book titled The Population Bomb. He held a pessimistic view of the future, in which population growth would outstrip resources (essentially the same as Thomas Malthus).

For as long as I can remember, I've stated that negative nominal and negative real interest rates are the key, primary driver for higher gold prices. And now we're seeing this play out in real time.

There are so many fallacies perpetuated and regurgitated throughout the market, yet there is so little time to appropriately address them all.

We are all used to the bullion banks covering their shorts on Comex by waiting until the speculators are over-bullish and vulnerable to mark-downs that trigger their stops. Algorithmic traders go from long to short in a heartbeat as well, and they dump contracts...

We just saw another gargantuan sign pointing to precious metals' very likely turnaround. And once again, most investors are either not aware of it, or are choosing to ignore it (gold can only go up, right?). The signal came from the Gold Miners Bullish Percent Index...

There is an increasingly good chance that the United States could end up following Europe and Japan, and that the Federal Reserve could use its vast powers of monetary creation to force a move to negative interest rates.

Ancient Rome had the denarius, which was diluted into hyperinflationary oblivion. America has the dollar, which is on track to suffer an equally disgusting fate.

These days opening the morning newspaper or switching on the evening news can be akin to an assault on mind and senses, as the media compete daily to see who will do the best job of ‘shocking and awing’ us. The sensual bombardment has risen to a new level upon the...

Last week, the FOMC has published minutes of its meeting from June 9-10. They show a few interesting things. First of all, although the Fed officials could be satisfied with their monetary policy stance, they want to communicate better to the markets their...

More new people may have made their first purchase of physical gold or silver in the past 4 months than in any four-month period in history. This sort of data isn’t reported and tracked. But if our experience as one of the nation’s largest precious metals dealers is...

One thing is very certain right now – we live in very interesting times.  As the world rushes head-first into the 21st Century, it appears one of the most pressing issues before all of us is to navigate the risks and opportunities that continue to stack up ahead of...

The best performing precious metal for the week was palladium, up 1.49 percent after falling for previous three weeks. Gold futures rose above $1,800 an ounce for the first time since 2012 on June 30 and ended the second quarter with its best in four years.