Gold Editorials & Commentary

Last week the prices of the metals went up, with the gold price rising every day and the silver price stalling out after rising 42 cents on Tuesday. The gold-silver ratio went up a bit this week, an unusual occurrence when the prices are rising. Everyone knows that...

If you are going to trade the commodity sector, you had best follow the USD, which is why I do.  If I am correct that the USD’s longer 15 Year Super Cycle is toping in 2017, then the CRB will be a fun sector where we will focus.

After Monday’s sharp drop, SPX held at an important short-term support level and rallied after the jobs report came out on Friday.  This move is essentially a test of the high, but it could expand into more distribution which might even see new highs before a...

Gold has always been some sort of insurance policy against inflation as it usually is the first (and main) reason why investors want to have exposure to the yellow metal. Unfortunately markets always tend to behave a bit irrational and even though the money supply...

Six weeks into 2017, the above panel shows us Gold's being ahead of where 'twas over the same time frame in 2016, although the challenge of so staying appears dead ahead.

Let’s zone in on the pattern shown below. The entire purpose of the study of technical analysis is to read what the market is telling us about its future. The stock market is the accumulation of all knowledge by everyone on the planet. In addition to this knowledge...

The Dow Jones Index is struggling to maintain its current lofty position.  In its BEV chart below I circled the post November advance, and it has all the appearance of a strong advance.  But remember; to Mr Bear each new all-time high (BEV Zero) looks the same – a...

A great week for stocks. However, precious metals continue to show some mixed strength and weakness, but the week ahead should tell us if a low is in fact materialized, or if more basing is needed.

Gold sector is on a major buy signal and short-term is on buy signal. Cycle is up. Silver is on a long-term buy signal. Short-term is on buy signal. Silver is more volatile than gold, manage your risk.

The US dollar has now closed lower for 6 weeks in a row which is testing the patience of the bulls. This week the price action cracked the top rail of the horizontal trading range which is a negative, but not confirmation yet the trend has reversed down. There are...

We are still waiting patiently for another possible nibble at some miner positions.  In the meantime, what is the XAU:Gold ratio…and why is it important?

As we have repeatedly warning, anyone who is betting on the Trump Presidency unleashing a massive $USD bull market in the near future is going to get taken to the cleaners. This has already begun…

Gold and silver resumed their uptrend this week to challenge recent highs, last seen on 23 January. The best levels were mid-week, before some end-of-week profit-taking took place. In early European trade this morning (Friday) gold was trading at $1213, up $22 from...

Gold’s first new bull market since 2011 last year was overwhelmingly driven by stock investors flooding into gold ETFs.  Traditional physical bar-and-coin demand was actually quite weak, falling considerably year-over-year.  Nevertheless, it’s still important to...

Here are today's videos and charts

Gold Today –New York closed at $1,215.30 on the 30th January after closing at $1,190.90 on the 27th January. London opened at $1,213.50 today. Overall the dollar was weaker against global currencies early today. Before London’s opening:

In recent years, deflation was considered one of the biggest threats to the global economy. These fears are vanishing. As deflation becomes the thing of the past (there was even the end of deflation in Japan at the end of 2016), reflation is now attracting the...

-Gold hits 12-week high. -USD Gold price up 4.85% in last month. -Sabre-rattling from Trump administration set-to benefit gold. -Iran upset and Middle East tensions could drive oil and gold prices up.

Every time gold and silver prices have a good run, there tends to be a proliferation of sensationalistic articles that state something to the effect of “gold ready to break out to new highs now” or “silver about to surge tremendously”.

If the past two years could be described with a single word, it would have to be “uncertainty.”  Investors and non-investors alike have been dominated by this emotion, and its ubiquitous presence can be seen in the absence of a clearly-defined trend in the US broad...

“But the chaotic start to the administration and what many see as its protectionist agenda have amplified fears of not only currency wars, but a fully-fledged trade confrontation that could be disastrous for the world economy.” Financial Times 2/2/2016

Investors in most countries make the mistake of measuring their returns based on their home market and their domestic currency. This might have worked when they only had access to their local investment market. But that time is long gone. Now we have a global...

Gold finished yesterday with a sharp upswing, but not before gratuitously inflicting pain on bulls with a $15 swoon early in the session. If the rally is ruled by the pattern shown as I expect it to be, the futures should hit 1219.10 overnight or early Thursday....

The United States suffered through a deflationary depression in the 1930s. Stock prices crashed, currency in circulation declined, commodity and real estate prices fell hard and human misery prevailed.

It is two and a half minutes to midnight, the Clock is ticking, global danger looms. Wise public officials should act immediately, guiding humanity away from the brink. If they do not, wise citizens must step forward and lead the way. Bulletin of the Atomic...

Why Gold Will Benefit From The Alternative Fact Of The Cashless Society. -Alternative facts prevail in the European Commission’s calls for cash controls. -Terrorism is blamed for the need to control cash. -Evidence shows criminals find alternative ways to finance...

In mid-November, as most of the market was becoming quite bearish in the metals complex once again, I provided you with a path as to how the market can get even more bearish, and set us up for a bear trap, while I was noting that I was reducing my hedges:

I am very bullish on the gold price in 2017. Since the year has got off to a cracking start, I believe we need to see a test of the recent low to lay a stronger foundation from which to launch even higher.

Dow Index 20,000 was ushered in with great fanfare. Traders on the New York Stock Exchange sported “Dow 20,000” hats. Even President Donald Trump joined the celebration. Trump told ABC News he was “very honored” that the stock market gave his presidency a symbolic...

I used to make fun of the FOMC rate hike “decision” language in the mainstream media because under the Obama administration and its economic policies overseen by the Fed’s monetary policy, there really was no decision, was there?  It was ZIRP-eternity, interrupted...