Gold Editorials & Commentary

Even as we write this post, the US Stock Market continues to push higher as global traders and investors pour capital into the continued US rally.  The strong US Dollar continued to attract capital from around the globe and with fresh earning about to hit from Q4...

Rhodium has surged 30% in January to the highest levels since 2008 and has risen more than 12 fold in less than four years from $575 per ounce to nearly $8,000 per ounce

The U.S. Treasury Department announced Monday that China is no longer on a list of countries deemed to be “currency manipulators.” The timing was awfully convenient, coming just ahead of an expected Phase One trade deal between the two powers.

Gresham’s Law in action: The diminishing availability of physical gold from the market (per several different accounts in London) corresponds to the proliferation of fiat currency printing and paper gold derivatives.

A good place to start is at the seasonal tendencies for gold.  There are seasons when gold drops in price, simply due to a lack of interest on the part of investors, and there are times when there is a seasonal tendency for investors to flock into the gold market...

For the past few years, I’ve been suggesting that the world’s ultra-wealthy investors have been buying enormous quantities of physical gold at a rate that overwhelms the commercial trader shorting on the COMEX.

It was one of those days that all sexagenarians loathe; you have to go to the doctor, and whether it's the GP (general practitioner) or the dentist or the proctologist, nothing reminds you more rapidly of your advancing age than going to the optometrist.

The U.S. created 145,000 jobs in December, following an increase of 256,000 in November (after a downward revision), as the chart below shows. The nonfarm payrolls came below expectations, as the analysts forecasted 165,000 new jobs.

Precious metals aren’t just about gold, as silver can send equally powerful and prescient signals for both: itself, and its bigger brother – gold. The key analogy in the white metal continues to be the one between 2008 and the 2016 – now periods. The yellow metal...

Near the start of every year, I share our ever-popular Periodic Table of Commodity Returns, now updated to reflect the final results of 2019. To view the interactive table and download a copy of your own, click here.

“You may recall we were looking at the Japanese YEN / PM complex combo chart several months ago comparing the YEN to the PM complex. For whatever reasons how the YEN goes the PM complex tends to follow. It’s not a perfect correlation but close enough to pay...

Market forecaster Martin Zweig famously warned investors against underestimating the power of the Federal Reserve Bank to control markets. He coined the phrase “Don’t fight the Fed” back in the 80’s. Precious Metals investors are wondering if this is still good...

The best performing metal this week was palladium, up 6.48 percent, notching its best weekly advance since June. While global car sales are weak, loadings for their catalytic converters are going up with regulatory requirements.

How good was 2019 for the precious metals market? It definitely brought quite some excitement to the arena. In today’s article, you’ll learn more about the most important gold price drivers in 2019. This analysis will help you better understand the gold market, and...

It has been a week of surprises since the last updates were posted. First, I had not expected Iran to retaliate following the murder of its top General by a US drone, but it did, despite the risks, as it was politically necessary to assuage the extreme anger of its...

The bull market which started in 03/09 shows no sign of having run its course. A rough count taken on the long-term Point & Figure chart gives us a potential target to as high as 4080. P&F does not predict time, only price. (no change)

Gold confirmed a new bull market in 2019, but most investors remain in a deep slumber. Record low gold eagle coins sales support a turning point in 2020.

Last week's trading saw gold running all the way up to a new high for the bigger swing, with the metal forming its peak in Wednesday's (overnight) session, doing so with the tag of the 1613.30 figure. From there, a sharp retracement was seen into later in the week,...

Well, dear readers, again it has happened. Or, for those vacuum-bound wherein life is but Gold's week-to-week net closing price, nothing has happened, given it having settled yesterday (Friday) at 1563 to eke out a wee weekly gain of just eight li'l ole points.

Coming up we’ll hear an eye-opening interview with Craig Hemke of the TF Metals Report. Hear from the man who accurately predicted a year ago that 2019 would be the best year for gold and silver since 2010. And we’ll hear his new call for 2020.

Our proprietary cycle indicator is up. Long-term – on major buy signal. Short-term – on mixed signals. Gold sector cycle is up. Be mentally prepared for a multi month correction. We are holding long term positions. 

Gold dramatically surged to major new secular highs this past week, fueled by stunning geopolitical news. The US assassinated Iran’s top general, so Iran fired ballistic missiles at military bases in Iraq used by the US. That naturally ramped gold bullishness,...

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

Back in October and early November, I was preparing our members for the next rally phase I was expecting in the metals complex.  And, when the 144-minute MACD on the silver chart signaled a bottom in early December, I noted it was no longer time to look down, but we...

We didn’t have to wait long for Iran’s response. After the missile attack on U.S. bases in Iraq, gold briefly soared above $1,600. What should we expect next?

2020 – what an ominous year and even more so what an inauspicious decade. 2020 is of course perfect vision or “facilely accurate judgment or assessment” as Webster’s defines it. So why should we be able to forecast the 2020s better than we have the 2000s or the...

The U.S. manufacturing sector contracted for the fifth straight month in December, with the monthly reading from the Institute for Supply Management (ISM) hitting its weakest point in more than 10 years. The purchasing manager’s index (PMI) fell to 47.2, a level we...

So, did US and Iran just become best friends? Gold’s huge reversal and a decline of about $50 in 24 hours might certainly suggest so to those, who choose to follow the news instead of estimating market’s moves using more reliable tools.

The year 2019 unfolded just about as we predicted in our annual look-ahead post entitled "2010+9". And that's nice. But it's all for naught if we fail to correctly forecast where we go from here. With that in mind, here's a first look at what to expect in 2020.

Breaking news: The impeachment circus continues, the trade deal is both off and on, tweets and Iran news move the market, S&P 500 Index hit new highs (thanks to central bank liquidity), and more of the same nonsense will unfortunately create more of the same.