Gold Editorials & Commentary

Our analysis estimates how high will the current gold and silver bull markets (2000 to 2020) reach from a technical cycle perspective. We will not go over the detail of our cycle analysis based on Fourier transformation as they have been treated in several articles...

There are two views of the markets for the monetary metals. One, as we have discussed many times in this Report, holds that gold and silver will eventually go up so high that those who own the metals will be rich. This is the Schrodinger’s dollar view. Buy gold...

Last week’s opening paragraph: “If we are going to highlight improving fundamentals, which we did as gold out performed commodities and stock markets, then we also have to highlight and respect eroding fundamentals; no ifs, ands or buts.”
This week’s opening...

Let’s all get excited – $30 bounce on Friday – Hurray – Where are the Champagne glasses? Oh wait, we’ve seen this picture before and not that long ago. Back on 2 Feb (check the chart) we had a $53 bounce (76% higher than Friday’s bounce) and where did THAT get us,...

The extension of the SPX rally has run into resistance and stalled. At the same time, it has essentially reached an area of short-term projections. If it cannot break out to a new short-term high and regain its upside momentum, it will attract sellers and reverse...

In settling out the week yesterday (Friday) at 1247, gold reminded us of how swiftly it can move by soaring 22 points over a seven-minute stretch -- from 1216 at 05:30 Pacific Time to 1238 at 05:37 -- following the Bureau of Labor Statistics report of just 38,000...

For the first time in six years, our Primary Trend Indicator, a long-term trend stock market forecaster, generated a new signal, a Sell Signal on May 31st, 2016. The last signal change was a Buy in May 2010. These long-term Buy and Sell signals are rare, but have...

Nothing much happened in the stock market this past week. The Dow Jones managed to stay close to its BEV -2.5% line for the past six days. Though there were a couple of days that saw the venerable index declined into the triple digits, but the usual suspects made...

What could become the turning point in a war that had become intense in 2011 and in the rear guard battle that had started in late April, happened last week. For the first four days, the battle had become one of exhaustion; it seems the counter-force lacked the...

A serious crack appeared in the markets on Friday. This was due to the lousy payroll report of only 38,000 new jobs for May. The market expected 160,000 new jobs, but it turned out to be more than four times less… LOL. This is the worst jobs report since 2010.

We propose a very simple rule for investors and fund managers as a starting point for profitable investments. There is a misconception that only equity such as DOW will grow in time. In fact from our cycle analysis presented earlier and below, one should consider...

Weeks ago precious metals began a correction amid overbought conditions (in the miners) and very bullish sentiment in the metals. The recent Fed minutes helped accelerate the weakness, but it lost steam in recent days. A real stinker of a jobs report completely...

Gold sector is on a new major buy signal. The sharp spike on Friday caused the cycle to turn back up, we need to see follow thru buying to indicate that the pullback is complete. Silver is on a long-term buy signal. Short-term is on sell signal, a multi week...

Technical Analysis of The Markets Via Videos.

Since its high of almost $108/bbl in June of 2014, we have witnessed a stunning collapse in the price of oil. Indeed, in February 2016, a barrel of West Texas Intermediate (WTI) was trading at $26/bbl, a 76 percent plunge from the June 2014 highs. It has since...

From this vantage point, it looks as though the precious metals complex will trade opposite the stock market throughout the month of June. The miners look as though they are bottoming, while the stock market looks as though it is topping. The jobs report on June...

Gold weakened during May by about $100…from a high point of $1300 to a low of $1200. For technical analysts this is entirely within the normal correction zone of a third to two-thirds of the previous rise, which would be 84 to 167 dollars.

Gold bottomed in December 2015 at a major cycle low. Or did it? Financial Sense published in May an article by Tom McClellan, an excellent analyst: “Major Cycle Low Upcoming in Gold.” The low may be coming as this article suggests, or perhaps it has already...

Do you think the Gold Bull Market has returned? Obviously I do…and have been trading as if the Gold Bull Market has returned. You need to be aware of this opportunity and appreciate that another big move in this Gold Bull Market is again developing. If this next...

In early-November of last year we predicted that a tradable gold rally would begin near the mid-December FOMC Meeting as long as the Fed did what almost everyone was expecting and implemented its first rate hike in more than 8 years. Our reasoning was explained as...

In a world full of bubbles that will all burst, it is of course impossible to forecast which will be the first ones to cause havoc for the world economy. One of the biggest bubbles that would clearly bring down the financial system is the bond market. Here we have a...

Well, your time has come! Gold is in the process of testing the February breakout at a very important moving average. Whenever the market tests a breakout, it affords those who missed the breakout an opportunity to get onboard, and it enables those who helped to...

With one session left in the month, the US Dollar (USD) bounced off the lower trading range of this over a year-long consolidation with an outside reversal monthly candlestick, which suggests that the correction is complete and more strength ahead in coming months....

First published Sun May 29 for members of ElliottWaveTrader.net: After reading the title, you may expect me to say something like “let my metals go.” And, you are likely quite right. So rather than afflicting you with the plague of darkness, allow me to...

The corporate bond market is a $6 trillion time bomb waiting to go off. It took the US half a century to grow its corporate bond market to $3 trillion. Thanks to the Fed implementing ZIRP and holding rates there for seven years, we’ve doubled the corporate bond...

The GLD chart below shows gold in a declining wedge. Cyclically, an 8 TD low is due in gold and a 4 TD low due in GDX on June 1st. A strong rally is indicated into June 2nd for both gold and GDX. The stock market (as measured by the S&P500) has either made its...

As you know, May Futures COMEX gold which traditionally is a non-event was anything but this year. Last year, a total of 2,500 ounces stood for delivery, this year the number was 221,000 ounces. The amount standing on April 30 was 5.6 tons which steadily grew...

Last week President Barack Obama was in Vietnam and Japan drumming up additional support for the Trans-Pacific Partnership (TPP). Meanwhile I was in the U.K., where Brexit drama is dominating headlines and airwaves. Only a month remains before voters decide whether...

Gold reached a low of 1201.80 in Monday's electronic trading session. In the overnight session gold reached a high of 1216.50. Gold has now traded slightly below our 38.2% retracement level and it would be helpful to our cause if it rallied higher from here. In...

When titans clash, reverberations are felt around the world. The US central bank has begun a titanic clash with the US government. Consequently, all markets will be impacted significantly as the battle unfolds.