Gold Editorials & Commentary

Geopolitical tensions between Russia and the US are heating up again. The WSJ (12/07) reported:  “President Biden warned Russian President Vladimir Putin that the U.S. and its allies would meet a military invasion of Ukraine with strong economic penalties, moves to...

That the world is on the edge of a monetary and economic cliff is becoming increasingly obvious. And becoming more obviously permanent than transient, price inflation will almost certainly lead to rising interest rates. Rising bond yields, falling equity markets and...

With an understanding that there is always much more in play than nominal charts (the macro & sector fundamentals for example, which bounced of late but never did definitively flip positive), let’s review said nominal charts of gold, silver and HUI along with an...

I have good and bad news. The good is that the price of gold rose 2% in November. The bad –is that the price of gold rose 2% in November. It depends on the perspective we adopt. Given all the hawkish signals sent by the Fed and all the talk about tapering of...

As Bitcoin made new all-time highs in recent weeks, an increasing number of investors referred to it as the “new gold.”

Once you remove the biggest buyer from the market, what is the clearing price for bonds to find buyers?

We review the charts with Gareth and discuss what he is thinking right now about the markets and how he is trading the commodities.

The Biden administration is moving aggressively to raise revenues by any means necessary – including going after precious metals held in so-called “home storage” or “checkbook” retirement accounts.

When someone plays with fire, that person eventually get burned. Most of the stocks Cathie Wood puts in her ETFs are the equivalent of playing with a blow-torch near puddles of gasoline. In 1999 retail “daytraders” partied until 1999 ended. A year later most retail...

Britain lost the Battle of Yorktown in 1781. After 80 years, there was the US civil war, in 1861. About 80 years later, on December 7, 1941, Japan attacked Pearl Harbour. Today, December 7, 2021, is another 80year anniversary for America. Does more conflict lie...

Nonfarm payrolls disappointed in November. As the chart below shows, the US labor market added only 210,000 jobs last month. This number is much lower than both October’s figure (546,000 gains) and the market expectations (MarketWatch’s analysts forecasted 573,000...

So, gold miners moved higher yesterday. What does this daily rally change? Nothing. There are days when things are particularly interesting and many things change. Yesterday was not one of those days.

The only reason (in my view) as to why gold and silver are not rising is that traders are preferring to average it out in their crypto currency investment or meet margin calls in crypto currency investment. There is no other reason. Crypto currencies are not yet in...

From time to time I am fortunate enough to have conversations with Chris Powell of GATA, who discusses his opinions on all matters concerning the gold market. Powell and Bill Murphy have done so much to expose the manipulation of the gold markets by the U.S....

This week, I am keeping my post simple, as I am really short on time. For those that follow my analysis through the years, you would remember that I turned strongly bullish as the S&P 500 approached the 2200SPX region in March of 2020. But, if you also remember...

In this brief yet thorough presentation for the 2021 International Precious Metals & Commodities Conference (Edelmetallmesse) in Munich, Matterhorn Asset Management founder, Egon von Greyerz, makes a clear, data-supported argument for gold ownership and the...

The dollar looks poised for another rally, to gold’s dismay. So, what’s the price target for the greenback over the winter months?

Last week we saw from a chart of the steep and narrow rising wedge on the S&P500 that Wall Street is teetering on the edge of a cliff. After a weaker close the previous Thursday and Friday, Monday last week started with a BANG out of the blocks in Asia to ensure...

Early indications on Omicron virus suggests that it is hitting the “double vaccinated” more. USA, UK and half the world population is “double vaccinated”. If omicron hits mainly the “double vaccinated” then there will be a global slowdown.

Mr. Market blew a great opportunity on Friday to scare the hell out of everyone, concluding the session with a mild short-squeeze rather than the devastating rout that Wall Street's years-long wilding spree so urgently needs.

Patrick Karim discusses the critical levels that silver, gold and bitcoin are all at right now on the charts.

In completing its 48th trading week of 2021, Gold settled yesterday (Friday) at 1784. 'Twas the eighth week this year that Gold has settled in the 1780s (the first occurrence being on 19 February). Indeed, Gold's median weekly settle price year-to-date is 1788. Yet...

This week, the Dow Jones closed below scoring position, more than 5% from an all-time high three times; on Tuesday, Wednesday and again on Friday.  This is something that has not happened in the past year; three daily closes outside of scoring position in a single...

I had thought that prior to this week, I had seen pretty much everything when it comes to the financial press shoveling out Wall Street “spin” in order to proper up the markets prior to the end-of-year bonus-calculating period. I was wrong.

In this video, I’m talking about yesterday’s rally in gold, what it changed and, most importantly, what it didn’t change. Did you know that gold price declined by just $1.60 last week (0.09%)? Gold stocks (the HUI Index) declined by almost 4%! Let’s just say that...

Long term – on SELL signal. Short term – on sell signals. Gold sector cycle is down. We have liquidated all of our positions and currently in cash during this down cycle.

Conventional wisdom holds that stocks and gold are inversely correlated, which is to say they move in opposite (or at least unrelated) directions because they serve different purposes in a typical portfolio.

The gold miners’ stocks continue to vex contrarian traders, toying with herd psychology. They blasted higher to a key technical breakout in early November, building bullishness. But that was soon dashed on the rocks as they plunged into late November, fueling...

“So you think that money is the root of all evil. Have you ever asked what is the root of all money?” -Ayn Rand Money used to be a stable medium of exchange and a store of value but that was in the days when there were sound monetary principles, mostly backed by...

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