Gold Editorials & Commentary

One of the immutable pillars of strength of any nation is its currency. Indeed the currency is the life blood of any economy. Unfortunately, the Euro has been suffering since 2008 to date. Moreover, its value recently weakened to a 14-year low…and projects a gloomy...

Switzerland’s gold bullion exports to China saw a huge jump in December, climbing to 158 tons versus a much lower 30.6 tons in November…a jump of 416%.

We see the forensic "finger prints" all over the economic and financial data that the Federal Reserve through a proxy likely Citadel Capital (or the Fed's CBOE Volume Options Agreement) has highly likely been buying the US equity market since its QE 3 "TAPER" ended...

I would like to update the Basic Materials sector as this area now looks like it’s ready to resume its bull market. Also with the stock markets breaking out today, especially the INDU, this adds another layer of confirmation that the breakout is the real deal. As we...

Commodity investors have had to endure a dry spell for a while now, but those days are starting to look as if they might be behind us. We see encouraging signs that a bottom has been reached and a new commodities super-cycle has begun, as global manufacturing...

Sound money principles can serve to help grow the economy and restrain government. The political class, however, doesn’t particularly want to restrain itself. Washington, D.C. is addicted to the easy money policies that have enabled $20 trillion in national debt...

According to historical official records, the price of gold should be 20 times higher than the current market price.  While many precious metals investors have heard about the revaluation of gold to back the outstanding fiat currency, my analysis focuses on monetary...

The price of gold fell from $ 1,876 to $ 1,138 an ounce (31,103 grams) or -40%. Is the price of gold in the trough?

Bulls and bears in this complex probably need a Xanax by now.  This market has swung so dramatically over the last several years that many are probably so whipsawed that they don’t know which way is up.  But, for now, the market is setting up in a manner to take us...

Fiat currency debasement and failure is why gold has survived and thrived for thousands of years  and indeed in recent years. It is why bitcoin is becoming more popular, with its growing market cap and ever-expanding ecosystem.

Let’s start by looking at a weekly chart for TLT, 20 year bond ETF, which shows it built out an H&S top last summer. That H&S top is a reversal pattern that showed up at the end of its bull market which has been ongoing for many years. There is a big brown...

Forget about NAFTA or OPEC or TPP or crowd size or hand size or any other acronym or stat or concept that obsesses the financial press these days. Only two numbers actually matter. The first is $20 trillion, which is the level the US federal debt will exceed...

Gold and silver are off to a good start in 2017, advancing again last week into Donald Trump’s inauguration. If recent history is a guide, this year could bring some nice gains in precious metals. Bloomberg reports there have been gains in the gold market in the...

The 2017 gold market rally continues nicely…with a current pause at light overhead resistance in the $1215 - $1220 area. 

Gold Today –New York closed at $1,215.30 on the 23rd January after closing at $1,201.50 on the 20th January. London opened at $1,213.35 today. Overall the dollar is weaker against global currencies today. Before London’s opening:

“The introduction of a Sharia standard for gold will not only be good for investors but also for gold producing countries and even individual mining operations”, according to The National in an article published this morning.

And like that, it happened. Despite the polls, despite what anyone believed was possible, including many of his own supporters, billionaire developer Donald J. Trump was sworn in as the 45th President of the United States.

Now that Donald Trump has been sworn in, Americans will start getting some glimpses of what his presidency actually means. Here are some educated guesses of what to expect when it comes to the dollar and sound money issues, based on what we know before the kick-off...

The best performing precious metal for the week was palladium with a gain of 4.92 percent.  Most of the gains came on Friday after Sibanya Gold’s proposed acquisition of Stillwater Mining passed U.S. antitrust conditions. Not only does Stillwater produce palladium,...

This article and a sequel article together chronicle a long-running investigation that has attempted, with limited success to date, to establish a number of basic details about Ireland’s official monetary gold reserves, basic details such as whether this gold is...

Whilst the run up to Trump’s inauguration has proven to be box office viewing, it is important to tune out the noise surrounding the short-term hype and to consider the real world consequences of his Presidency for investors and savers. We should be aware that what...

February Gold did everything we asked of it on Friday, clearing the way for a push to the 1226.90 target given here earlier. As always, a move that easily exceeds the target, in this case by perhaps $2-$3, would affirm the robustness of the rally and the likelihood...

The action favored bettors this holiday-shortened week (Last Monday was Martin Luther King day in the US), with the price of gold (  http://www.gold-eagle.com/rate/price-of-gold/ ) up 13 bucks and silver up 26 cents.

Last week was not decisive since SPX continued to trade in a narrow, volatile range.  The coming one should be if on Monday we rally into a 15-day cycle top and reverse on Tuesday without having reached the ultimate 2300 projection. In that case, we could continue...

The latest Commitment of Traders (NYSE:COT) report showed another positive week for gold as the net long position increased for the second straight week. We saw an increase in both long and short positions as speculators remained uncertain regarding gold direction...

From the final week of 2016 through the first three of 2017, gold has strung together four consecutive winning weeks, the three for this year as charted in the above newly attached panel to the Gold Scoreboard. Therein, we can instantly see gold is better positioned...

It’s been a month (December 20th) since the Dow Jones Index last closed at an all-time high.  And since January 6th, the Dow Jones is finding breaking above its 20K line a hard nut to crack.  That’s not to say the Dow Jones won’t see a 20,000 closing price.  But the...

When the SPX breaks out above its current resistance level, it will be the next leg up in this bull market. We are currently in a consolidation period. The SPX seems to be resting for now! The "Bollinger Bands Squeeze" is now taking hold and will result in a...

There is only one asset class on the horizon for most investors. Whether it is the professional or private investor, when they consider investing, stocks will always be first on their list. And if we exclude all debt instruments, the stock market is by far the...

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