Gold Editorials & Commentary

Foreigners. They are always plotting. This time, they hit Turkey. And gold at the same time. Will Erdogan save the country and support the yellow metal? They May Have Their Dollars, but We Have Our People, Our God

I was reading a post by Martin Armstrong called… "Gold and the Changing Fundamentals" …and in it he published a question from an email sent by a reader: “Mr. Armstrong; You are obviously the person worth listening to when it comes to gold. Every fundamental these...

This week’s collapse of the Turkish lira has dominated the headlines, and it is widely reported that this and other emerging market currencies are in trouble because of the withdrawal of dollar liquidity. There are huge quantities of footloose dollars betting...

Here are a few reasons why gold should be accumulated at these levels: 1. Rising Interest Rates. Although gold rose significantly from 2001 to 2011, it was not really the ideal conditions. There were many reasons for conditions not being ideal, such as: rising stock...

In our regular gold trading alerts, we focus on the short- and medium-term outlook and we rarely discuss the very long-term issues or price targets. The reason is simple – the long-term issues and price targets don’t change often, so usually there’s little new to...

Berkshire Hathaway CEO Warren Buffet famously dismissed gold. “Gold has two significant shortcomings, being neither of much use nor procreative.” I have recently written about how a government with gold mining tax revenues can use gold. The benefits of issuing gold...

Gold and silver prices fell sharply again yesterday and were down 1.6% and 4.3% respectively to multi-month lows. Gold drifted lower all day and ended near its late session low of $1173.20/oz, its lowest since January 2017, for a loss of 1.6%. Gold in euros has been...

Stock markets around the globe have come under pressure in recent days with a collapse in the Turkish lira and vulnerabilities in the emerging market space.

I am back in the literary engine room after a two-week boating excursion into northern Georgian Bay complete with forest fires, travel restrictions and mechanical malfunctions—all part and parcel of navigating the ever-steepening learning curve of boating. As an...

In 2008, gold was taken from $1020 to $700 and silver was pounded from $21 to $7 during the period of time that Bear Stearns, Lehman and the U.S. financial system was collapsing.  The precious metals were behaving inversely to what would have been expected as the...

Gold can’t seem to catch a break. The yellow metal normally acts as a safe haven in times of political and economic strife, but in the face of Turkey’s lira meltdown, investors have taken cover instead in the U.S. dollar. On Monday, the stronger greenback pushed...

I have just launched a new series of educational articles on Seeking Alpha that I'd like to share with readers across the other sites to which I contribute. When I began writing for Seeking Alpha in 2011, I quickly encountered a major challenge. I realized that...

London house prices fall at the fastest annual rate since height of the financial crisis. London house prices fall in 5th month in row, worst falls since 2009.

It’s very important for investors to act prudently and professionally with their investment capital in the gold market.  As a particularly interesting example, most North American gold stocks had a big sell-off yesterday, while my entire “Thunder Down Under”...

Annual core CPI jumped 2.4 percent, the fastest pace since September 2008. Is it the peak – or just the beginning of inflation? And what does it mean for the gold market?

CFTC-generated data for COMEX gold has reached levels normally considered extreme and bullish... but nothing about precious metals trading in the summer of 2018 is "normal". Well, another week has passed and even more important milestones have been reached from a...

In recent days gold has been more oversold than the gold stocks. Entering this week, the gold stocks were fresh off a major technical breakdown. An upside or downside break can lead to a market stretching beyond what typically qualifies as overbought or oversold....

For the last several months or so I’ve been showing you that many of the important currencies that make up the US dollar have been breaking down from large 2 1/2 year trading ranges. If you want to know what the US dollar is going to do the first thing you need to...

Jim Rogers, legendary investor and “Adventure Capitalist” speaks with Mark O’Byrne, GoldCore’s Director of Research, in the Goldnomics Podcast (Episode 7).

Elon Musk is no stranger to making controversial and outlandish comments, and his tweet last week is no exception. As you probably know by now, the perennial entrepreneur announced to his more than 22 million Twitter followers that he is “considering taking Tesla...

Last week in Monetary Paradigm Reset, we talked about the challenge of explaining a new paradigm. We said: “The hard part of accepting this paradigm shift, was that people had to rethink their entire view of cosmology, theology, and philosophy. In the best case,...

Briefly: Gold is likely to plunge below $1,000 this year and we’ve been writing about it for months. This article provides a list of critical long-term factors that one should be aware of if they want to invest in or trade gold, silver, and/or mining stocks. We...

For the first time this year, about two weeks ago the sentiment backdrop became decisively supportive of the gold price and remains so. At the same time, the fundamental backdrop is unequivocally bearish for gold. What will be the net effect of these counteracting...

Every week the market provides us another example of the intellectual dishonesty in believing the substance of any news event was the “cause” of a market move. And, if you cannot yet see that on your own, I will explain it a bit further below.

Spot gold was the best performing precious metal for the week. Gold is putting up a fight against the U.S. dollar, according to Ole Hansen, head of commodity strategy at Saxo Bank. The yellow metal is showing resistance near $1,200 an ounce, which suggests that...

Gold monthly chart, August 12th 2018. In a sideways range at support.

In my opinion GDX and the precious metals look ready to rally nicely in the coming 7-8 weeks. I have been negative on the PM’s and miners for quite some time now. Keep in mind that I believe that the coming rally will be counter trend, but substantial enough to make...

The term “correction” is meaningless, unless you can specify its size or duration. I have found that a Point & Figure count in conjunction with Fibonacci analysis can give us a fairly good idea of what to expect, especially since they tend to confirm each other...

Large precious metals speculators lowered their bullish net positions in the Gold futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

No need to mince words anymore. If the futures market still influences gold’s price, then that price is going to spike. And silver is better than gold.