Gold Editorials & Commentary

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

Here are today's videos and charts. The videos are viewable on mobile phones as well as computers. Double-click to enlarge the charts.

Gold is real money; nothing more. That is a hard pill for some investors and advisors to swallow. Actually, it is the second part of the statement that raises the most concern.

Gold looked on the ropes heading into this week’s major Fed decision. With the Federal Open Market Committee expected to double the pace of its quantitative-easing tapering and pencil in more rate hikes sooner, gold-futures speculators were on a hair-trigger. The...

First a pandemic, then inflation, and now an energy crisis. Should you buy gold when preparing for the winter?

With the USD Index suffering a ‘sell the news’ event on Dec. 15, the FOMC’s hawkish Summary of Economic Projections wasn’t enough to uplift investors’ optimism. However, while the dollar day traders performed their usual disappearing act, the greenback’s...

In this week’s Live from the Vault, Andrew Maguire is joined by none other than, personal finance legend, Robert Kiyosaki. Pulling no punches, the best-selling economic author makes his case for the imminent collapse of the entire paper money system. 

Some possibility that we concluded our daily & intermediate cycle low. I expect this to be a 5-8 day rally. $1,835 is the line to break, if gold breaks this then I will change my mind…

The Fed begins to get up steam and has finally turned its hawkish mode on. Was it something the gold bulls wanted to hear?

Federal Reserve Chairman U turn on inflation this year was politically motivated just to get a Re-nomination. Inflation and worries over price rise has resulted in Biden’s approval rating hitting lowest in his presidency. Inflation is the headline in every media in...

As I type this on Wednesday morning, there's really no sense in discussing other news or data-points today, as everything is meaningless ahead of the FOMC...which should stop you in your tracks when you consider how Fed-dependent EVERYTHING has become. The news...

Can The Fed Raise Interest Rates with the yield curve inverted? - Danielle DiMartino Booth explains the current difficult situation the Fed is in.

Maybe get a bottom today, or FOMC on Wednesday but watch out for options expiration on Friday. Either way, we have all the signs that we are near the bottom.

Most market analysts believe the Fed got inflation wrong.  They feel higher prices are not transitory and the strong arm of the Fed will push gold modestly lower in 2022.

In Monday’s gold analysis, I emphasized that there was very little to say about gold’s movement, and the same is up-to-date also today. Consequently, the full version of today’s analysis focuses on fundamental issues and only a small technical note is added at the...

“Woe to you, oh earth and sea, for the Devil sends the beast with wrath, because he knows the time is short (...). Let him that hath understanding count the number of the beast,” says the Bible. The current number of the beast is not 6.66%, but 6.8% - this is how...

The best performing precious metal for the week was platinum, up 1.01%, likely responding to substitution demand. The Perth Mint said gold coin and minted bar sales totaled 115,872 ounces last month, the highest since March, according to figures on its website....

More and more Americans aren’t buying the Wall Street fairy tale, no matter how heavily it is promoted. Consumer prices are rising at the fastest pace in 40 years. The official report for November showed an increase of 0.8% versus October (9.6% annualized) and 6.8%...

One swallow doesn't make a summer, but when it comes to slower inflation pressure, there have been several. Will the narrative change soon?

The gold futures contract gained 0.46% on Friday, as it retraced its Thursday’s loss of 0.5%. The market continues to fluctuate following the late November decline and a breakdown below the $1,800 level. It sold off in a reaction to strengthening U.S. dollar and...

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

The ongoing Battle of Wall Street has entered a new phase last week. Until recently, with few exceptions, it was mostly the Bears who were on the offensive. The covert Bulls were content to keep their defense of the market quiet, doing just enough to maintain a bit...

Last week's action saw the gold market locked in a choppy consolidation, with the metal forming its peak in Wednesday's session - doing so with the tag of the 1794.30 figure. From there, weakness was seen into an early-Friday low of 1770.40 - before bouncing off the...

Last week, it looked as if the bubble in the stock market could have popped.  On Wednesday (December 1st) the Dow Jones closed with a BEV of -6.62%, well outside of scoring position. 

Without looking... Think quick! What is the price of Gold right now? (HINT: If you read last week's missive, you already know the answer).

Last week we wrote about potential downside targets in Gold and Silver. They are in a correction and have been in a downtrend that has begun its 17th month.

Our proprietary cycle indicator is DOWN. Gold sector is on long term SELL signal. GLD is on short term sell signal. Our ratio is on sell signal.

“Do you love me?”, asked gold. “Of course, my dear”, replied Jay, but his thoughts were with others: asset purchases tapering and interest rate hikes.

Gold has largely spent the past half-year grinding sideways on balance.  That lack of upside progress has sapped gold’s excitement and bullishness, leaving investors apathetic.  Spawning something of a vicious circle, gold can’t go anywhere without sustained...

Fundamentals are as strong as ever, but gold has to go some way down before it can resume its uptrend. Think of Moria from The Lord of the Rings.