It has been said that the more things change, the more they remain the same. That is certainly true of gold prices. Let’s look at the following three charts in succession. Then we’ll talk about them… Current Gold Prices (inflation-adjusted) – 100 Year Historical...
Gold Editorials & Commentary
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April 17, 2022
Gold's settling out the abbreviated trading week this past Thursday at 1977 was the yellow metal's second-highest year-to-date weekly close, bettered only by that ending 11 March at 1992.
This week, the Dow Jones closed between its last all-time high of last January 4th, and its double-digit BEV lows of last month. In other words, nothing much has changed in the stock market since last week. But, as a zero-heart beat EKG in a hospital tells the...
April 16, 2022
Our ratio is on buy signal. Trend is up for the dollar. Trend is up for gold stocks. Trend for gold is up. The multi year “cup with handle” is in progress. A breakout this week.
April 15, 2022
Peter Boockvar joins us to discuss how Fed policy is going to eventually pivot back to easy money. This weakness in the economy will likely result in Gold & Silver reaching new highs this year.
April 14, 2022
This secular gold bull’s latest upleg is strengthening, as traders gradually diversify into the yellow metal. Major bullish drivers are contributing to gold’s renaissance, led by the Fed’s epic money printing and the raging inflation it has unleashed. Weakening...
While investors remain happy-go-lucky, fundamental data for gold and silver is now worse than in 2021. Is this the last chance to come back to earth?
One of the clear-cut winners of the 2022 commodity rally has to be palladium. The metal commonly used in catalytic converters recently saw its price catapult to record highs following Russia’s invasion of Ukraine, and is now trading 30% higher since the start of the...
April 13, 2022
As central bankers play checkers on a global debt chessboard, we see below how policy hypocrisy, worsening monetary options, failed diplomacy, tanking bonds, rising rates, debt addiction, mismanaged sanctions, de-dollarization and a shift toward a disorderly re-set...
Recent rallies in the major indexes have had a hard time hanging onto their gains lately. ETFs like XOP (S&P Oil & Gas Exploration & Production), XME (S&P Metals & Mining), and XLU (Utilities) have been experiencing capital inflows. At the same...
Gold has always been the prized metal of mankind for its artistic and cultural value, with a rich history dating back to Ancient Egypt. In many parts of the world, it serves as a symbol of wealth and the centerpiece in almost every special social gathering. Each...
In a development which the participants understood the importance of then, but which the wider financial markets may understand the importance of going forward, on 29 June 2021 the Shanghai Gold Exchange (SGE) hosted a China-Russia Precious Metals Webinar with...
It is undeniable that the ongoing crisis in Ukraine has polarized Western societies to an extent unseen in decades in any other foreign conflict. For over a month, we have been bombarded unceasingly by all mainstream media sources with reports and stories about...
April 12, 2022
Even the most cynical members of the gold community may be somewhat stunned by the intensity of the American government’s current meddling in the affairs of almost every nation in the world.
Gold’s efforts misfired, silver probably faked another breakout, and gold miners aren’t doing very well either. Is there a repeat of events from a decade coming?
The best performing precious metal for the week was palladium, up 6.28%. Palladium surged late Friday after the London market suspended two state-owned Russian refineries from its accreditation lists, potentially disrupting 40% of the world’s supply chain. However,...
Can we all recognize the simple fact that every government price-fixing scheme, ever, has failed? For example, banana republics have declared their pesos to be worth $1. But when the market decides to redeem pesos for dollars 1-to-1, the central bank abandons the...
April 11, 2022
When I read most articles written in the financial media, they all seem to have a common thread running through them: They all tell you what has happened in the past and they try to come up with reasons as to why it happened. And, interestingly, many cannot even...
The key things that I described in last week’s flagship analysis (posted on Thursday) remain up-to-date, but there are a few specific comments that I would like to make today about Friday’s session.
Energy is in an intermediate decline. There is one market that is set-up to produce a STRONG trending move! And that is the Precious Metals:
The gold price wandered quietly lower in the Far East on their Friday morning -- and the low tick of the day was set around 1 p.m. China Standard Time on their Friday afternoon. It then wandered quietly higher from there until about five minutes before the COMEX...
Most of us pride ourselves on the fact – belief? delusion? – that we are rational and logical people who look at the available hard facts as the point of departure for us to perform objective analysis of a situation in pursuit of what is true and valid and what is...
There is a lot of talk centering on the US dollar and its “ultimate end as the world’s reserve currency”. There is also additional talk about what this means with respect to the price of gold, but that is just talk.
Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.
April 10, 2022
Last week's trading saw gold forming its low in Wednesday's session, here doing so with the tag of the 1916.20 figure. From there, a good rally was seen into later in the week, with the metal hitting a late-Friday high of 1952.20 - before backing slightly off the...
References to “The Sword of Damocles” can be found in an anecdote related by Roman orator Cicero who used it in his Tusculanae Disputationes, 5. 61,[1] thus passing the story into the European cultural mainstream after which it became an allegory steeped in irony...
Obviously the gold line is Gold, the anticipated geo-political spike 'n fade starkly giving it away. But you WestPalmBeachers down there may be stuck as to the other line, the colour of which is green (hint hint, wink wink, nudge nudge...)
Looking at the Dow Jones’ BEV chart below, this week the Dow Jones closed in between its last all-time high of last January, and its lows of early March. Just looking at the chart, the Dow Jones could go either way; to new BEV Zeros or take a dive below its lows of...
April 9, 2022
Gold sector is on a new long term BUY signal, suggesting that the correction since 2020 has been completed.
April 8, 2022
The gold miners’ stocks have powered higher lately, enjoying mounting upleg gains. Their nice surge paralleled gold’s own, but they’ve increasingly outperformed in recent weeks. The resulting bullish gold-stock technicals are naturally fueling more-optimistic...