Gold Editorials & Commentary

The best performing precious metal for the week was palladium, up 12.21%. Suki Cooper of Standard Bank noted investors were factoring in a recovery in auto demand, but emission standards are likely to get tougher. Last year, palladium fell 22%. Kirkland Lake’s...

You don't have to be a fortune teller to predict some of the precious metals’ behavior in the market. Any incoming signs take the shape of a bear.

I think metals are going to break out to the upside. Most retail does not make money because of leverage.

The Federal Reserve doesn’t know what to do.  Even worse, though, is that it probably doesn’t make much difference what they do – or don’t do. The definition of dilemma is: “a situation in which a difficult choice has to be made between two or more alternatives,...

If there is one mystery in the gold market that I believe has eluded analysts and commentators (certainly including yours truly), it is a compelling explanation for the unprecedented and massive inflow of physical metal, more than 30 million ounces, that came to be...

Predictions of what could be the Greatest Crash on Wall Street have been floating around for a long time, longer than a year at least. The Covid crash of March 2020 resulted in a spike in the more intense “This is it!” claims from letter writers, but with assistance...

Last week's action saw the gold market forming its low in Tuesday's session, here doing so with the tag of the 1804.70 figure. From there, a decent rally back to higher highs for the move was seen into later in the week, here pushing all the way up to a Thursday...

I thought I’d use the Dow Jones BEV chart plotting the entire bull market spanning from 1982 to the close of this week.  In the past forty years, the Dow Jones has risen from around 700 in August 1982 to 36,799 just a few weeks ago.  What does that mean in BEV Terms...

Silver, baby! From its close of a week ago (22.99), the white metal has since traded as high as 24.76 -- that's +7.7% -- en route to settling yesterday (Friday) at 24.35 for a weekly gain of +5.9%.

Investors fell into a shopping frenzy as tensions increased between Russia and Ukraine. Was the purchase of precious metals as safe haven justified this time?

Our proprietary cycle indicator is UP. Gold sector is on long term SELL signal. GLD is on short term buy signal. GDX is on short term buy signal.

My outlook for the gold market in 2022 suffers from manic depression: I see first a period of despair and an elevated mood later. So, 2021 is over! 2022 will be better, right? Yeah, for sure! Just relax, what bad could happen?

At year end I was asked for predictions of what 2022 might see?  My #1 prediction was that 2022 would see several narratives collapse.  It did not take long to begin!  Yesterday, Boris Johnson ended ALL Covid protocols in Britain and was followed by WHO backing off...

The precious metals still do pirouettes on the trading floor, but they can stumble in their choreography. The bears are just waiting for it.

The gold miners’ stocks surged back this week, blasting higher out of early-year weakness.  Those big-and-fast gains were fueled by gold’s own, which shot up without any news catalyst.  Seeing battered gold stocks showing signs of life has piqued traders’ interest,...

I am pretty confident that we are about to break the manipulation. Virtually every commodity has been going nuts to the upside up since March of last year, what possible reason has gold been stuck?

Intermediate decline in progress. I would even suggest that we are in the bloodbath phase, this is when you see selling panic hit from the traders. Perma-bears will come out and start making incorrect calls.

The Everything Bubble is bursting, and the Fed has barely even begun its war on inflation. Many top stocks are already in their own bear markets. Nvidia, way off its game, has lost 25% of its value from its last high score.

According to recently released data by the World Gold Council (WGC), as of September 2021, the total amount of gold held in reserves by central banks globally exceeded 36,000 tons for the first time since 1990. This 31-year record was the result of the world’s...

As today’s (Thursday’s) market activity shows, the bubble is still in force as US stock markets/sectors generally remain intact (for the most part, with some notable exceptions outside of the headliners, as certain table legs get kicked out). But gold is in a...

The bi-polar US Dollar, like so many market forces of late, is exhibiting some odd behavior. In recent interviews and reports discussing the year ahead, I specifically cited the movements of the bi-polar US Dollar as one of the most critical market signals to watch...

Gold Newsletter editor Brien Lundin today calls attention to a new report by Myrmikan Capital's Dan Oliver about the gold price that would be necessary for U.S. gold reserves to back the dollar at levels that once were traditional:

Doug Casey explains his latest views on the politicians, the central banks, gold and silver

The Ukraine situation it seems will worsen. The US president is using the usual threat of “trade sanctions or trade alienation” to both China and Russia. Russia wants talks on Ukraine.

Back in November, we noticed a surge in COMEX gold "Trade at Settlement" volume. This occurred at a time when total contract open interest and price were also rising, and it all preceded a sharp reversal in price two weeks later. This same scenario may now be...

“Inflation is too high,” admitted Lael Brainard during her nomination hearing in the Senate for the Vice Chair of the Fed. You don’t say, Governor Obvious! Indeed, the latest BLS report on inflation shows that consumer inflation rose 0.5% in December on a monthly...

If a nation of libertarians espousing gold as money can be viewed as the centre of the global politics spectrum, it’s painfully obvious that most of the world’s governments and political parties are far to the left of this mighty marker.

Over the past year, the Federal Reserve Note “dollar” has been losing value at an alarming pace as reflected by broad price level increases.

Those that read my analysis regularly know that I do not take general market fundamentals or news into account when I analyze the stock market. The main reason is that I view that which drives fundamentals as being the same as that which drives market price. However...

Being the first weekly missive of 2022, I want to touch upon an Email Alert I sent out to subscribers on New Year’s Day where I discussed the “First Five Days” segment of “The January Barometer”, an indicator developed by the late Yale Hirsch (with whom I had dinner...