Gold Editorials & Commentary

Foodflation is registering at the checkout lines of your local grocery store – and in a bigger way than has been seen in decades. On Tuesday, the U.S. Labor Department reported that grocery prices paid by consumers surged 2.6% in April. That’s the largest one-month...

Powell gave a much-awaited speech yesterday, in which he sent one bearish and two bullish messages for gold. What exactly did he say and what does it mean for the yellow metal?

Our researchers believe the US stock market has potentially ended the “relief rally” phase where the US Fed stimulus pushed prices off the recent lows and upward towards key Fibonacci retracement levels and will soon engage in a new price exploration phase.  We...

As the Nasdaq makes a new high for the year, the world outside the stock market timebomb is falling apart. For example the UN agency, The International Labour Organisation (ILO) reports that 1.6 billion jobs are at risk in the global economy. That is half of the...

The precious metals market did almost nothing yesterday, and consequently we have relatively little to comment on today. There are two subtly bearish signs that we would like to feature, nonetheless.

The gold futures contrac gained 0.52% on Tuesday as it continued to fluctuate within a short-term consolidation. The market remains close to the price level of $1,700. Gold is still trading within a flat correction after its April’s advance. On April 14 it was the...

“There is always going to be those who have a vested interest in it not going past the all time high for as long as they can attempt to manage that”

April job report shows a terrible US labor market. Coronavirus destroyed 20.5 million jobs, pushing the unemployment rate to almost 15 percent. How far does the number reflect reality – and what does it actually mean for the gold market?

The massive global debt driven “Everything Bubble” is bursting due to the pandemic and more specifically the governments draconian economic lockdowns

It’s the soft demand season for gold (April-Sept), and that means upside and downside breakouts can become “wet noodle” affairs. Bulls and bears who aren’t prepared for this type of sideways price action may get frustrated.

I think there has been more hair torn out in frustration during this rally off the 2200SPX region lows than at almost any other time in market history. The frustration in trying to understand this market is ubiquitous.

It is inevitable that there will be a monetary reset in the not too distant future to rein in the unlimited fiat currency printing by all major countries.  It is clear that gold will play as an important anchor in the reset.  There are several proposals for the...

A month is all it took to wipe out a decade of jobs growth. U.S. employers cut an unprecedented 20.5 million jobs in April, the most in history, while the unemployment rate rocketed up to 14.7 percent. As of last week, a head-spinning 33.5 million Americans, or one...

The universe being as rich as it is, neither the world, nor the precious metals market ends with gold. In today’s article, we’ll look at palladium’s strength, platinum performance, and listen to the message of the gold-to-silver ratio. Of course, the point is to...

The stock market continues to price in a V-shaped recovery, which I find unlikely. More and more companies are filing for bankruptcy weekly, and that trend appears to be accelerating. The devastation to the economy could take one to two years to fully realize. 

The deflation and depression is right here, right now, and if you don’t believe that, try asking some of the 30 million people who just lost their jobs in the US or those who (used to) work in the catering and tourism industries.

What it cannot do is cure the virus.  What it could do, however, according to a good many analysts, is act as an effective hedge against its economic consequences. Since the beginning of the year through April, the metal was up 11.73% during probably the worst...

SPX: Long-term trend – We are in an official bear market

Intermediate trend – re-testing April high

Last week's trading saw gold holding weaker into Wednesday's session, where the low for the week was eventually made with the tag of the 1683.00 figure. From there, strength was seen into an early-Friday high of 1735.50 - before backing off the same into the daily/...

Not that this week's title came without warning per this end-of-day table presented in The Gold Update three weeks ago, Gold having closed back then on 17 April per the red box at 1695.

Some may look at the chart below comparing our present market decline to that of the Great Depression’s Dow Jones bear market and see an element of hyperbole in it.  But before this bear market sees its ultimate bottom, I won’t be the only market commentator making...

The equity markets rebounded more than nearly 3% last week, perhaps due to the Happy Mother’s Day weekend and the reopening of some stores. A number of Wall Street analysts are now forecasting the resumption of the equity bull markets, with obvious encouragement of...

Our proprietary cycle indicator is up, but has reached levels of previous tops. Gold sector remains on long-term buy at the end of April. Long-term – on major buy signal. Short-term – on mixed signals.

Let's start with gold, which has seen an impressive rise in the last few months as the broader markets have declined on the back of the coronavirus pandemic. What do you think is ahead for the metal?

Gold Stocks could be at a tricky juncture. They have already made significant gains, yet history, coupled with the current bullish conditions, suggests more gains coming and probably significant gains. However, corrections of 15%-20% during these rebounds are normal...

With the stock markets near a critical juncture during the most-extreme economic dislocations of our lifetimes, big US stocks’ fundamentals have never been more important.  After plummeting in a brutal stock panic on the catastrophic economic damage caused by...

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

This article examines the major factors that caused the rapid decline of the Dow index.  We select the 1929 Great Depression model for the study.  As we mentioned in our earlier articles, our current crisis situation is most similar to the 1929 Depression.  We...

$2,000, $5,000 or even the Jim Rickard’s $50,000 as the next target for gold. How realistic are these figures – could we see the yellow metal at $5,000 or even higher amid the coronavirus crisis? We invite you thus to read our today’s article and find out how high...

Both Gold and Silver Futures have been struggling to rally above recent high levels since the start of the global stock market collapse related to the COVID-19 virus event.  Yet, the Junior Gold Miners appear to be telling us the Precious Metals market is boiling...