Gold Editorials & Commentary

As the world economy is about to implode, very few investors realise what will hit them. The dip buyers of stocks don’t understand that it really is different this time as the world is now facing the biggest destruction of wealth in history. Stocks, bonds, and...

“If you own gold, you have money. If you don’t own gold, you have a problem”  – (James Turk).  To that I’ll add:  If you don’t have physical possession of your gold, you do not own gold.

These are strange times. Circumstances are forcing governments to destroy their money by debasing it to pay for their obligations, real and imagined. If central bankers had a grasp of what money really is, they wouldn’t have got into a position where they are forced...

Half the US States and countries like Italy and Germany are gradually easing lockdowns. Taking measured steps, the moves are broadly cheered. Rightfully so? And what does the reopening mean for the gold market?

Most resource sector writers (including me) have for a long time been "wrong" about gold and silver. When they ran from $250 and $5 an ounce, respectively, to $1,920 and $49 in 2011, those who listened, acted, and sold a bit did quite well. We argued the "longer...

With global hyperinflation looming Egon discusses the ramifications of governments’ ongoing debasement of currencies around the world.

Cory Fleck from the Korelin Economics Report and Chris Vermeulen talked and provided some thoughts on the precious metals markets. The stocks are continuing to lead the sector and GDX is adding to the breakout. But not all precious metals sectors and stocks are in...

One might think that the current madness combined with QE∞ from the global central banks would lead to surging speculator interest in owning and trading COMEX precious metals futures. But the opposite is true. How weird is that?

The gold futures contract lost 0.16% on Tuesday as it continued to fluctuate within a short-term consolidation. On Friday the price bounced from $1,675 level. Gold is still trading within a relatively flat correction following April’s advance. On April 14 it was the...

Sector expert Michael Ballanger reflects on how Rodney Dangerfield's famous one-liner applies to today's gold market.

Switzerland loves bunkers and Switzerland loves gold. The simple difference between the Swiss government and the US government is that the Swiss government loves to prepare its citizens for hardship, and America’s government leaves its citizens totally unprepared...

I’ve been trading since 1997 and I’ve lived through numerous market events.  The one thing I teach my members is that risk is always a big part of trading and that’s why I structure all of my research and trading signals around “finding profits while reducing...

10 years ago every “analyst” and his brother was hyping the future price of gold and I kept track of their guesses in an article entitled “Gold Going To $2500, $5000, $10000, Even More? These 148 “Analysts Think/Thought So“. None of their forecasts “panned” out (pun...

The gold futures contract gained 0.73% on Monday, as it retraced some more of its recent decline. On Friday the price bounced off $1,675 level. Gold continues to trade within a relatively flat correction following April’s advance. On April 14 it was the highest...

Mankind tends to repeat the same mistakes over and over in time. Often we don’t learn from our past mistakes in order to break the vicious cycles.  In this article, we compare the current deep recession triggered by the Covid-19 pandemic with the 1929 Great...

The price of gold dropped $29 and the price of silver dropped $0.27. We’ll get back to where we think the prices are likely to go in a bit. In recent Reports, we’ve looked at the elevated bid-ask spread in gold (though not nearly as elevated as some goldbugs would...

Investors got a look at first quarter GDP, and it wasn’t pretty. The U.S. economy contracted by 4.8%, even worse than the 3.3% decline anticipated by economists.

The ISM non-manufacturing PMI is due on Tuesday morning, and this could be a good time for a near-term cycle low.  However, a rebound could be short-lived, since next Friday investors will have to face some extremely poor job numbers

The title to this update is likely the most repeated phrase you have heard over the last month from market participants and analysts alike. As more and more bad economic news is presented through the media, somehow, the market just keeps grinding higher.

Notwithstanding the Fed’s seemingly limitless ability to create money to throw at the stockmarket, which has caused it to rally in recent weeks in the face of a dead economy and apocalyptic jobs data and earnings etc., all the charts we are going to look at here...

Last week's trading saw gold generally holding weaker, with the high for the week made with Monday's tag of the 1745.80 figure (June, 2020 contract). From there, the metal turned weaker, here dropping all the way down to a Friday low of 1676.00 - before seeing a...

All the world’s major central banks are engaged in unlimited currency printing, sometimes known as the “Helicopter money”.  Normally, one would expect the rate of currency printing runs parallel to economic growth.  Now we have economy growth contracting rapidly...

Our research team has put together these charts of our ADL modeling system (Advanced Dynamic Learning), which shows a very clear upside price recovery starting to take place in late September or early October of this year. The ADL system also suggests the recovery...

This week's title is a no-brainer given last week's was "Gold Battles for The Northern Front (1750-1800)". Simply stated, after Gold's multiple battles across the prior three weeks in attempting to take The Northern Front, this most recent week found price in full...

The week closed with the Dow Jones’ BEV -17.5% line of resistance holding, though on Wednesday the Dow Jones did close above this critical level, for a few hours anyway.  Friday’s close found the Dow Jones at its lows for the week.  But for the bulls out there, hope...

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.

What happens to the global markets when the US Fed begins to weaken stimulus activity and when the global markets must begin to function on their own?  Are the global markets capable of sustaining current price levels without the Fed supporting them?

What exactly does it mean when pundits say that gold is a “store of value” and “hedge against inflation”? In this article we’re diving deep into these questions and discussing how gold has performed over time, not only measured in US dollars but in other currencies...

In our latest Gold Forecast called The Upcoming Gold Move and Its Euro Signal, we looked into the yellow metal from the Old Continent’s point of view. In today’s article, we’ll focus on the most popular gold ETF, the GLD.

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