Gold Editorials & Commentary

Our proprietary cycle indicator is UP. Gold sector is on long term SELL signal. GLD is on short term buy signal. Long term – on SELL signal. Short term – on mixed signals.

Here are today's videos and charts.  The videos are viewable on mobile phones as well as computers.

Gold is lagging the raging inflation unleashed by the Fed’s epic money printing.  Despite leading inflation benchmarks skyrocketing to multi-decade highs, gold prices have barely budged.  Serious inflation initially fuels record-high stock markets, which stunt gold...

“We have totally screwed up inflation and now we are in deep trouble,” admitted Jerome Powell during his appearance before the Senate. OK, he didn’t formulate it exactly that way, but it was the message of his testimony. Powell admitted that the Fed wrongly expected...

Despite Wednesday's rather sensational inflation news, inflation isn't accelerating as much as it is breaking away from the camouflage that long has been thrown over it by the U.S. government and mainstream financial news organizations.

A portion of the commentary below is from the latest issue of the Mining Stock Journal. Recent trading action in gold, silver and the mining stocks lead me to believe that a major move in the precious metals sector may have started. You can learn more about my...

Looks like the manipulation in the Dollar is starting to break. I am not fond of mining stocks just yet, but I am watching the gold price to see if it can break past the manipulation here. First line in the sand is around $1,830-$1,835 with $1,880 and then $1,920...

It can’t happen here! How many times have I heard that one when I start to explain history to people?

When most people talk about inflation, they are usually referring to the higher prices they pay for goods and services. That is not inflation.

Overall, the December inflation numbers came in near expectations. Annually, consumer prices are up 7.0%, while energy is seeing the fastest rise with gasoline rising 49.6% in the past 12-months.

To understand the financial sea change occurring in this stage of the ongoing demise of the American fiat empire, after being knocked down repeatedly himself, George Foreman finally knocked out Ronnie Lyle, and announcer Howard Cosell uttered the immortal words: “...

On Thursday (January 6, 2022), I wrote that “the metal may find itself under hawk fire in the upcoming weeks”. Indeed, gold dropped sharply in the aftermath of the publication of the FOMC minutes. As the chart below shows, the hawkish Fed’s signal sent the price of...

The imminent interest rate hike by the Fed is almost certain. Are investors' concerns justified and will it mean trouble for the precious metals?

With the market breaking the support I noted last week, it has sent a warning shot across the bow of the bulls. But, before I discuss my market view, I want to first address something that you are all thinking: The Fed caused the decline this past week.

The best performing precious metal for the week was palladium, up 1.59%, perhaps on the threat of labor negotiations breaking down in South Africa. Gold stabilized largely by Friday after disappointing hiring figures came in at half of what was expected. However,...

The recently released December statement of account of the Bank for International Settlements -- contains information suggesting a decrease of about 37 tonnes in the bank's gold swaps, from 451 tonnes in November to 414 tonnes in December. 

If gold made a New Year's resolution to improve, then getting sick might have stifled its plans. Is this the beginning of a pattern for the next few months?

The gold price certainly didn't do much in either Far East or London trading on their respective Friday's -- and only began to show signs of life starting about five minutes before the 11 a.m. EST London close. It rallied a bit from there until it ran into '...

The market’s demolition that I’ve been talking about has begun. Zero Hedge asked the question on Thursday, “How bad is it?” and provides Morgan Stanley’s answer:

Today's economists have established 2% as an optimum level of inflation. The most obvious manifestation of this is all of the world's most powerful central banks have cited this inflation target as justification for increasingly larger interventions, (read...

During the past two years the world has changed. Events that have changed our lives in a substantial and unexpected manner, permanently in most cases so far, are not so frequent. Within living memory, or at least life span, of people still alive, these events are...

Last week's action saw gold making higher highs for the swing into Monday's session, here doing so with the tag of the 1833.00 figure (February, 2022 contract). From there, a sharp decline was seen into Friday, with the metal dropping all the way down to a low of...

India reported spending a record $55.7 billion on gold imports last year. The great gold Love Trade appears to be alive and well, despite gold having a down year in 2021. India, the second largest consumer of the yellow metal after China, reported spending a record...

Marc Faber 'Dr Doom' joins us to provide his take on the latest actions in the the markets, the central banks, interest rates, insane government policies and stupid politicians, plus we discuss why Gold and Silver are not performing as one would expect in this type...

How was that for a precious metals' Happy New Year? For 2022's opening five-day stint, Gold traded down as much as an annoying -2.7% and Silver an indecent -6.0%. And yet in commencing this 22nd year of the 21st century, we've had far worse five-day starts per the...

Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.

Our proprietary cycle indicator is UP. To public readers of our updates, our cycle indicator is one of the most effective timing tool for traders and investors. It is not perfect, because periodically the market can be more volatile and can result in short term...

As in sports, a weak market streak can reverse in the next season. However, the precious metals team looks like it’s about to drop out of the league.

Gold is nearing a major technical breakout from a massive chart formation. This classic pennant is a type of continuation pattern, a long high consolidation which gold climbed into from below. Thus odds heavily favor this tightening pennant resolving to the upside,...

You thought that 2020 was a terrible year, but we would be back to normal in 2021? Well, we haven’t quite returned to normal. After all, the epidemic is not over, as new strains of coronavirus emerged and spread last year. Actually, in some aspects, 2021 was even...