Gold Editorials & Commentary

Here are today's videos and charts. The videos are viewable on mobile phones as well as computers. Double-click to enlarge the charts.

I want to take you back a bit in time so you can develop the appropriate perspective of a bottoming process in the metals market.

Gold has been correcting following last summer’s powerful bull-breakout upleg. Since peaking, gold has inexorably drifted lower in a well-defined downtrend. Traders are wondering when this necessary and healthy sentiment-rebalancing selloff will bottom, paving the...

We all know that the gold and silver Commitments of Traders are very extended and at levels of commercial net shorts and large spec net longs that tend to be in place at tops in the metals. Well, the metals topped in the summer, so what does that tell us?

Technical Analysis is the theory that price relates all news, fundamental and correlative future expectations into current and recent price activity.  It is the theory that price is the ultimate indicator and that charts paint a very clear picture for those...

In November, Lagarde delivered her first speech as the ECB President. Will she follow in Draghi’s footsteps? But what should gold investors expect from her?

A few weeks ago we noted the bullish setup for 2020. Macro developments, one way or another will tend to favor gold. There isn’t a realistic scenario that isn’t gold bullish.

Our research and predictive modeling systems have nailed Gold over the past 15+ months.  We expected Gold to rally above $1750 before the end of this year, but the global trade wars and news cycles stalled the rally in Gold over the past 2 months.  Now, it appears...

Central banks around the world are praying that there won’t be a recession, and if there is that a further monetary stimulus will ensure economic recovery. Their problem is Keynesian theory says it will work, but last time it didn’t. In fact, it has never worked...

In yesterday’s analysis on gold price in December 2019, we wrote that while the outlook for the yellow metal for the following months was bearish, it was bullish for the short term. And indeed – gold, silver, and mining stocks rallied. In fact, the rally continues...

I can remember there were times during the PM complex bull market before 2011 that sometimes the PM metals would rally but the PM stocks were very weak. Then there were times when the PM stock would rise while the PM metals moved very little.

The largest gold nugget in Britain has been found in a Scottish river, as experts reveal that members of the public are taking up hunting after watching YouTube clips.

When gold’s price reached $850 per ounce in January 1980, it seemed as if nothing would stop the runaway train that was headed straight for $1000 per ounce. But it was stopped, and began sliding downhill quickly.

The ISM Manufacturing Index fell 0.2 point to a reading of 48.1 in November. However, gold struggles to find momentum. What is going on exactly?

Gold is flowing to strong hands in safer forms of gold ownership, in safer jurisdictions. Gold and silver bullion coins and bars owned by GoldCore’s clients have been moved from Hong Kong to Singapore

"Gold is money; everything else is credit." —J.P. Morgan. Dating back to the mid-80s, and usually around the end of November, I begin to formulate strategies and portfolios looking out to the upcoming New Year, taking into account technical, fundamental and...

While some analysts are getting a bit negative in their outlook for gold, the physical market is getting stronger and that’s very good news for investors. 

The price of gold has held firm at the $1460 (front-month contract basis, not the Kitco “spot” price) level despite the constant price attacks that have been occurring overnight and into the Comex floor trading hours since early November.

Another year, another Thanksgiving. I hope all of my American friends and readers had the chance to spend some quality time with family as we begin the busy holiday shopping season. The leading retail trade group expects sales in November and December to increase as...

The presidential race will mesmerize Americans over the next 11 months. The country hasn’t been this polarized since the Civil War.

Just when most traders thought that the previous week is going to end in the red for gold, something exceptional happened. The USD Index reversed after rallying, and gold rallied sharply in response. In the end, gold ended the week in the green by forming a clear...

As a rule of thumb, our contributions deal with the long-term gold price path. As an exception for today though, we’ll deal with the profitable (at least for our subscribers right now) short-term setup just ahead. The starting point is today’s gold futures action....

The basic idea behind the Quantity Theory of Money could be stated as: too much money supply is chasing too little goods supply, so prices rise. We have debunked this from several angles. For example, we can use a technique that every first year student in physics...

Let’s face it, we live in a world of radical uncertainty. Yet we’re supposed to make perfectly rational decisions – so, how do we cope with the unknown? We tell narratives, and form our decisions around them! Let’s explore the narratives in the financial markets for...

When considering the space requirements of $1,000,000, the first question is in what form?  I will try to illustrate the volume and weight of $1 million dollars in three forms: $100 bills, gold eagle coins and silver eagle coins.

Global debt has risen to another record at $255 trillion due to cheap borrowing costs. A decade of easy money has left the world with a record $250 trillion of government, corporate and household debt. 

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 of 3680+.  A few weeks ago, it was not clear if structurally, SPX would retest its 12/18 low of...

Gold settled out the week yesterday (Friday) at 1470 en route to its best up year -- at present +14.5% -- since 2010. 

Recently just over 8,000 large central bank sized - four hundred troy ounce gold bars - or put more bluntly, 100 tonnes of gold bullion - were carefully transported by armed guards under the cover of darkness.

First I want to present you with perhaps macro undervaluation chart of this 21st Century. That is the lowest about 100 years of time that commodity valuations versus the Dow Jones Industrial Average DJIA.