Gold Editorials & Commentary

We have noticed a proliferation of pundits, newsletter hawkers, and even mainstream market analysts focusing on one aspect of the bitcoin market. Big money, institutional money, public markets money, is soon to flood into bitcoin. Or so they say.

The dollar is on course to lose its reserve currency status. This is not something that will happen overnight, it will be a process, but at some point there is likely to be a “sea change” in perception, as the world grasps that this is what is happening, which will...

– Gold set to shine as Washington stumbles. – “Bet on gold’s diversifying properties rather than political stability” – World’s largest asset manager believes Trump and political drama in the US means gold likely to rise.

Expectations are that the rally from 2417 has a little more to go, possibly to 2479, before the secondary (intermediate) trend resumes.

The latest Commitment of Traders (COT) report showed another rise in speculative longs for the sixth straight week and a decline in speculative shorts for the fifth straight week. Gold has been continuing a streak where it has been drawing the speculative bulls in...

There was a moment in yesterday's (Friday's) trading session for gold wherein we said, "Oh no, here we again go, price losing control". Here 'tis below (left arrow) in the sudden spate of nervousness leading into Federal Reserve Chair Yellen's Wyoming remarks,...

The Dow Jones Index made its last all-time high (BEV Zero) on August 7th - and for the past fourteen trading sessions the Dow moving in tiny baby steps, hasn’t gone further than 2.01% from it.  Following this market is like watching paint dry. Moreover, it’s been...

Speculation is at levels of previous short-term tops. Gold sector is on major buy signal since early 2016. Major signals can last for months and years and are more suitable for long-term investors.

The US Dollar (DXY Index) has moved relatively sideways over the past several weeks. The pattern that we have seen up off the August 2nd low has also been quite corrective in nature. This sideways action does fit with our larger degree perspective that the DXY is in...

Here are today's videos and charts.

The junior gold miners’ stocks have spent months grinding sideways near lows, sapping confidence and breeding widespread bearishness.  The entire precious-metals sector has been left for dead, eclipsed by the dazzling Trumphoria stock-market rally.  But traders need...

Last Monday, U.S. Treasury Secretary Mnuchin feigned to inspect the U.S. gold reserves in Fort Knox and joked flippantly that he assumed it was there. A day later the Bundesbank, announced that they had repatriated much of their gold reserves from the U.S. and...

Gold is challenging the $1300 level for the third time this year. If it breaks upwards out of this consolidation phase convincingly, it could be an important event, signalling a dollar that will continue to weaken.

Grant Williams believes that the 76 million retiring Baby Boomers will trigger a major pension crisis. He should know, because he’s been studying financial history and telltale crisis patterns for nearly two decades.

The Fed July FOMC minutes that were released last week were nothing short of extraordinary. However, to fully appreciate just what the Fed admitted, we first need a little background.

According to the most recent report on the US Financial Institutions Derivatives trading activity, the US banks held a record amount of precious metals contracts in the first quarter of 2017.  Not only did the US banks report a record amount of precious metals...

Money Metals readers may remember my November 2014 report in which I discussed how gold flowed into China in "tributary fashion" like small streams flowing into a giant one. In this case, the gold has been streaming into China's increasingly massive thousands-of-...

The tragic U.S. Navy incident of the USS John McCain earlier in the week has raised several questions about the cause. Many are wondering if it was more than human error given this is not an isolated incident.

The Dow Jones Industrial Average has moved down close to 600 points off of the high that was struck on August 8th into August 21st lows. Now in percentage terms, this 600 point move is quite a small only representing a move of just 2.6%. In fact, at today’s close,...

It appeared that an ‘AWFUL LOT’ went crazy last week. ALL except Sir Charles, ‘The Round Mound of Rebound’ whose words last week most agreed upon. My point today is that people and masses always go a little crazy before full moons and even crazier before Total Lunar...

It has been ten years since the global financial crisis began to take hold. At the time few would have known that BNP Paribas’ decision to freeze three hedge funds was the signal for the deepest recession in living memory and a near-collapse of the financial system...

That didn’t take long at all. Just a few weeks after the Commitment of Traders (COT) Reports for gold and silver turned positive – setting off a nice rally in both metals’ prices – this indicator has flipped back to strongly negative.

After rallying almost $100 an ounce from the July lows of about $1210 (basis December futures), gold is consolidating its gains.

Last week the XIV saw the largest price drop in over a year falling over 23% from the July 26th High. After bottoming on August 10th the XIV moved back higher stalling out just under the 61.8% retrace level in what counted best as a corrective move higher.

The United States national debt is currently about $20 trillion, and the federal government is paying some of the lowest interest rates in history on that debt. The Federal Reserve has raised interest rates four times now, and is publicly considering another five...

Ten years ago, I was invited by the brilliant monetary theorist, Professor Antal E. Fekete, to give a talk at his Gold Standard University held August 15-31, 2007 in Szombathly, Hungary; and while there, I and others watched intently as a global credit crunch swept...

US Treasury Secretary ‘assumes’ the gold is still in Fort Knox, 64 years after it was audited. 81 years after it was built Fort Knox received its third visit from a US Treasury Secretary yesterday, Steven Mnuchin.

US Treasury Secretary ‘assumes’ the gold is...

The stock market crash story is getting boring and annoying to a large degree. Since 2009, there has been a constant drumbeat of the market is going to crash stories. In 2009, many experts felt that the market had rallied too strongly and that it needed to pull back...

Cryptocurrencies make good currencies, but fail miserably when trying to achieve the status of money. Cryptocurrencies are both created and held electronically inside a virtual wallet. These digital currencies use encryption techniques to regulate the generation of...

The best performing precious metal for the week was palladium with a 3.42 percent gain. Citi forecasts a continued drop in diesel market share in Europe, while Russia’s largest palladium producer boasted of strong auto demand. Gold traders and analysts surveyed by...