Gold Editorials & Commentary

With a ‘Hard Brexit’ looking more likely and Trump’s inauguration this week, 2017 is well and truly under way. What we expect the year to hold is probably not even half of what it really will. But from what we know, the upcoming French and German elections,...

Tens of millions of Americans and their employers pour money into pension plans each month, counting those funds to grow and to be there when needed at retirement. But a time bomb awaits. The bulk of U.S. pension funds are dangerously underfunded, and the assets are...

I would like to update you on the US dollar as it plays such an important role in so many different markets. Getting the big trend right on the US dollar can help you see what areas are affected by the dollar to invest in. There are a lot of areas that have an...

There is much we don't know about how the Trump presidency will play out. Will the Wall get built? Who will pay for it? Will it have at least some fencing? Will repeal and replace happen at exactly the same time? Will Trump throw a ceremonial switch? Will there be a...

Within the next day or two we should have more evidence to tell us whether the rally begun in late December is the real deal. If bulls have any moxie, they’ll push this vehicle above the 1223.50 peak (see inset) without much ado. Still better would be an un-paused...

France reported last week that its summer hosting of Euro 2016, Europe’s soccer championships, added $1.26 billion to its economy. This is good news, for sure, and worth celebrating.

Gold prices extended their run of gains to a seventh session and added another $12 to $1,215 an ounce yesterday. Gold prices have consolidated on those gains today and are now up 5.5% in dollar and sterling terms and 5% in euro terms year to date.

It really is amazing how much difference a few weeks can have on perspectives in the market.  Back in mid-December, many were writing me off for looking up in the market, as I stood quite lonely amongst the bearish masses while maintaining one of the very few...

Gold price was sharply higher in the overnight session, reaching a high of 1218.80 at the time that this Post was being written!

Money velocity has been going down steadily for almost 20 years. After the great recession, it has dropped to a historically low level.

Rate hikes tend to be good for gold, and even better for gold stocks.  On that note, this is the hourly bars gold chart.

It’s the rare day I wake up to see news so powerfully Precious Metal bullish – regarding its short and long-term implications – I can barely contain myself.  The last such event was the BrExit – which set into motion the inevitable collapse of the European Union and...

The best performing metal for the week was gold, up 2.09 percent and closely followed by silver. Gold surged above $1,200 an ounce this week on the back of President-elect Trump’s press conference which provided little detail regarding any economic stimulus plans,...

Back in December, I noted that there was not a Gold bull to be found (See post:  Not A Gold Bull In Sight ) and that the Gold Cycle was on the verge of a significant Cycle turn.  Fast forward a month, and 20 days of this Daily Cycle (DC), gold is up almost $100 and...

Gold and gold stocks have rallied as expected and the consolidation in the miners in recent days looks bullish. GDX and GDXJ have digested the recent recovery quite well as gold is testing resistance around $1200/oz. While the price action portends to more gains so...

International Reserves in the world’s central banks have declined from $12.032 Trillion dollars, the peak reached on August 2, 2014, to $10.814 Trillion dollars on January 13 this year, as registered by Bloomberg. This is a decline of about 10.12%.

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