Gold Editorials & Commentary

“Extraordinary Popular Delusions and the Madness of Crowds” happen with regular intervals as Charles Mackay wrote about. It seems that the world experiences more delusions and madness than truth and sanity. 

The big selloff in the US markets last week (-1600 pts in the Dow Jones) on the comments from the US Fed aligns with previous Fibonacci Price Trigger levels throughout the early portion of 2020 to create a massive Support/Resistance range in the markets according to...

The following is a devious spoof and an attempt at literary satire, with a motive to expose the Deep State on its nefarious plans for humanity and the global economy. The current fabricated, exaggerated, and supported scam of pandemic must be revealed.

The gold futures contract gained 0.54% on Tuesday, as it retraced most of its Monday’s decline of 0.58%. The price has been breaking above $1,750 mark recently. But it came back closer to $1,700 on Monday. Last Wednesday’s FOMC Statement came out as a short-term...

Jerome Powell burst the stock market bubble by publicly acknowledging there will not likely be a “V”-shaped economic recovery. He indicated that it will take years for the economy to return to the recent levels … we experienced just a mere four months ago.

At Eric Sprott's urging, we've been monitoring the daily abuse of the Exchange For Physical process since late 2017. However, since late March, the daily totals have fallen off dramatically. Why?

Gold investors are eager to see the current price reaction end and a fresh uptrend begin.Oscillator buy signals, rising volume, and bullish price patterns are beginning to appear in some gold stocks…and that’s a good sign.

Inflation remains low, while Powell signals dovish Fed for years. Good for gold. The US CPI inflation rate declined 0.1 percent in May, following a 0.8 percent drop in April. The decrease was mainly driven by decreases in energy, transportation and apparel prices....

The best performing precious metal for the week was gold, up 2.78 percent. After its 1.7 percent drop last Friday, gold rose back above $1,700 an ounce this week as investors took advantage of buying the dip. Commerzbank AG analyst Carsten Fritsch told Bloomberg...

The gold futures contract lost 0.58% on Monday, as it retraced some of its last week’s advance. The price has been breaking above $1,750 mark recently. But it came back closer to $1,700 yesterday. Last Wednesday’s FOMC Statement came out as a short-term game-changer...

Market volatility has suddenly spiked in recent days came after the Federal Reserve vowed last Wednesday to keep its benchmark rate near zero through 2022.

It seems that global stock markets have disconnected from the fundamental reality. They have been rising since the end of March despite the collapsing economies and soaring unemployment. We invite you to read our today’s article about the Great Disconnect and find...

The gold futures contract lost 0.14% on Friday, as it remained within its Thursday’s daily trading range. The price broke above $1,750 mark once again before closing below that resistance level. Global markets went risk-on and gold has been selling off as a safe-...

Last week, SPX met its intermediate projection and made a total retracement of nearly 250 points. Friday was a reversal day in the other direction and the index should continue higher until it ends its countertrend rally and turns down again. Specific price levels...

Last week's trading saw gold registering its low in Monday's session, here doing so at the 1680.70 figure. From there, strength was seen into later in the week, with the metal pushing all the way up to a Thursday high of 1754.90 - before backing off the same into...

The track of Gold's weekly closes in the above Scoreboard tells quite the tale of the tape: that Gold thus far this year has been unfit to defeat the overhead resistance forces of The Northern Front (1750-1800).

I had excellent timing for my vacation, with not much happening until this week; and what happened this week? On Monday’s close the Dow Jones came within 7% of its last all-time high (BEV Zero). What could go wrong and prevent the Dow Jones from making a historic...

Gold sector remains on long-term buy at the end of May. GLD is on short-term sell signal. GDX is on short-term sell signal. XGD.to is on short-term sell signal. GDXJ is on short-term sell signal.

What does it mean to say that one is “bullish” on gold? Or “bearish”? Or, more simply, what is a bull or a bear?

Before updating the status of the gold miner (HUI) correction, let’s take a quick review of the Macrocosm, because it’s always a good time to be clear on important macro considerations.

Gold investment demand remains strong, buoying the yellow metal and its miners’ stocks. Investors have continued actively diversifying into gold despite soaring stock markets and weaker summer seasonals. The Fed’s extreme money printing fueling these precarious...

The gold futures contract gained 1.11% on Thursday, as it slightly extended its short-term uptrend. The risk-on and gold has been selling off as a safe-haven asset recently. But Wednesday’s FOMC stsatement came out as a short-term game-changer. Stock prices reversed...

Yesterday, the Fed issued the statement from the FOMC meeting on June 9-10. The statement is little changed from the April edition. Nevertheless, there are two important differences. First, the members of the Committee have acknowledged the improvement in the...

Ever since gold passed the “Maginot” price line of 1350 in 2019, the case for a secular bull market in precious metals has only grown stronger. Egon reminds viewers that history is merely repeating itself. From 3rd century Rome or the John Law era of 1720 to today,...

The gold futures contract lost 0.07% on Wednesday following an intraday advance to $1,750 price level. Global markets went risk-on and gold has been selling off as a safe-haven asset recently. However, yesterday’s FOMC statement came out as a short-term game-changer...

There has been lots of discussion on rise of gold price as related to inflation or to deflation.  In this article, we will state our own firm belief based on our technical analysis both for near term and for long term.

The Financial sector is unique in that it is an essential component of global economics as well as local economic functions.  Consumers depend on banking services, credit, and all sorts of other financial services in their day-to-day lives.  The Financial sector is...

While not the only consideration in forecasting price, it's always important to note the current COMEX contract balance. As the FOMC meets again this week, let's look under the hood to see whether or not positions are at extremes versus recent history.

The bullion banks – at least on the Comex – have reduced their risk exposure to gold and silver derivatives over the last several months, which means reducing their short exposure. This is likely in response to the rising risk that they will be unable to meet...

Investors dumped paper gold and silver along with stocks, commodities, and most other asset classes in March. The price of silver dropped to $12.02/oz on March 18th and gold bottomed at $1,473/oz.