Gold Editorials & Commentary

The Dollar Decline May be Very Significant

We wrote last week (Oct.

The following two Point and Figure Charts demonstrate just how difficult it is to make a definitive call in today's market.

Most investors, and this includes most analysts, just don't know how bear markets work. Either that or they don't want to know.

To Quote Clinton, It depends on what the meaning of…..is." It really does!

A June 1996 high standard deviation preemptive selling episode brought about a downward directional change in the 200-day moving average of gold prices. Immediately following that change in trend, the two banks that later became J.P.

The prices of gold and gold mining shares since our last Update continued to consolidate their rapid January to May upward moves. Speculative long positions on the COMEX were unwound since the end of September, and a possible war in Iraq seemed less imminent.

Two years have passed since the above essay was written and much has happened in the interim; therefore it is time to revisit the essay and update the statistics it contained.

December gold has arrived at another one of the tell-tale crossroads and will be forced to make a decision early this week as to whether to continue onward with its 2-day rally or reverse sharply beneath the combined weight of a 4-week line of supply in the dai

An investment allocation to gold and gold shares makes sense only if one does not expect an imminent return to the investment world of the 1990's.

In short, the economy seems unlikely to grow strongly from this point.

On Tuesday October 29th, 1929, Wall Street witnessed a 13% decline in the Dow Jones, an episode that became known in financial mythology as “Black Tuesday.” But what caused Black Tuesday and the Great Depression?  Two accounts of the events are explored.

The Euro has been essentially range-bound versus the dollar for the past four months, with the Euro's upside capped at the parity level and its downside checked around the U.S.$/E 0.96 level.

My contribution rate at GOLD-EAGLE.com has slowed up considerably of late as a result of being somewhat exhausted in terms of gold and silver content.

Wouldn't it be nice if you were able to spend the amount of money you HOPED to make in the stock market, rather than the amount you actually make? Well, almost all of America's largest corporations get to do something very similar.

I live in, and love…Colorado. Colorado depends on tourism for a lot of its income, and in fall and early winter, hunters arrive with their orange jackets, so that other hunters don't get shot, instead of an elk or deer.

"There is no remedy for a people who desire to be rich", said the wise man. Surely these words will be the epitaph for the lunatic American stock market.

Did the gold charts betray us? The short term trend was supposed to be up. All the technical signals were bullish. What happened?

Currency traders are betting a report expected early this week from a task force regarding Japan's banking problems is a sell sig

GOLD - I'm going to start this Letter with two very important charts. The first is a Point & Figure chart of gold going back to 1999. What I want to point to is this huge "head-and-shoulders" bottom formation.

One of the most intriguing battles I have witnessed in my years following the market is currently in full swing.

Fairy Tail Earnings and Market Manipulation

In our previous gold futures commentary (Monday, Oct. 14) we noted that the chart showed December gold at a critical intersection of the $316 benchmark, a point at which a trendline and a parabolic bowl crossed.

Something very strange is happening in the Bond markets. Last night this interfered with my sleep cycle and, in turn, it made me sufficiently irritable to sit down and focus with a bit more intensity than normal.

I have a few thousand shares of mining stocks, which I bought for pennies each. I guess they have done well, I rarely ever check. People ask me all the time about selling their physical to buy shares. Do shares go up faster than physical gold and silver?

Persistent erosion . .

Exactly at what precise point things fall apart I can't tell you: what I can do is give a general status report and let you make your own decisions.

I've been doing a lot of thinking (what else is new?). In fact, I woke up at 2AM Saturday morning, and I realized that something was bothering me. What could be bothering me? You guessed it, the stock market and the action of the market last week.

Stocks Remain Extremely Expensive. Avoid the Bear Trap