Gold Editorials & Commentary

In what has become a steady stream of fines, settlements, and convictions, there was more news this week on the gold price manipulation front as multiple bullion banks reached a settlement regarding their manipulation efforts around the London daily price fixing.

Contrary to yesterday’s long analysis, today’s issue is going to be rather short, as nothing really happened on the precious metals market yesterday. The thing that did happen was the USD Index moving higher.

The best performing precious metal for the week was silver, up 4.79% on a broad-based rally across the precious metals space. The latest U.S. producer and consumer price data this week will offer fresh insight on the likely course of Federal Reserve policy.

Gold rallied thanks to the changed narrative on inflation, and Biden’s infrastructure plan can only add to the inflationary pressure. Huge price moves ahead?

People still argue with me about the weight one should give to market sentiment when investing or trading. Yet, when the earnings were announced for AMC this past week, it certainly should make you scratch your head.

If you ask most people, “what is money?” they will answer that money is the generally accepted medium of exchange. If you ask Google Images, it will show you many pictures of green pieces of paper. Virtually everyone agrees that money means the dollar.

What do the Federal Reserve and neoconservatives have in common? They both refuse to admit that their policies — the neocons’ promotion of perpetual war and the Fed's manipulation of the money supply — are complete failures, having produced the opposite of the...

Infatuated with gold? Many people are, but love affairs with commodities (or stocks) are dangerous. They’ll steal your heart, then dump you.

Gold, Silver and Mining stocks rose sharply last week, and are breaking out above upper boundaries of declining trend-channels which have held prices in their clutches for months. In this article we will focus on Mining stocks, their breakout, and upside potential...

An intermediate correction has ended and given way to another intermediate uptrend which could continue into early 2022.

After reading recent articles by others and listening to what continues to pass as ‘fundamentals for gold’, I think it might be helpful to restate, and elaborate on, two specific things which gold is not…

Last week's action saw gold forming its low for the week in

Let's start with October's Consumer Price Index (CPI) as reported by the U.S. Bureau of Labor Statistics: its excitedly-disseminated reading was +0.9% (which annualized is a whopping +10.8%). "Oh, 'tis the worst in 30 years!", they say. "Oh, 'tis the worst in 40...

On Monday, the Dow Jones made its 50th BEV Zero in the Bear’s Eye View chart below for the past year. Then on Tuesday, the Dow Jones, along with the rest of the market began selling off, but remained well within scoring position. All this is to be expected following...

There have been many times in my sexagenarian journey through four and a half decades of inflationary, disinflationary, and deflationary cycles when the spinning plates above my head suspended upon poles of flawed data and errant central bank policy appear on the...

Gold sector is on long term SELL signal. Long term – on SELL signal. Short term – on BUY signals. Gold sector cycle is up. We are invested for the current up cycle.

The Fed continues to inject liquidity as inflation hits 30-year highs (likely a policy error). Consumer Sentiment fell to a 10-year low as inflation reaches 30-year highs. Precious metals and miners could be on the verge of a major breakout heading into 2022. 

The mounting global warming and the pandemic have contributed to full blown energy and food supply chain disruptions hitting households and manufacturers keeping prices buoyant. Demand for oil, coal and natural gas have skyrocketed as energy prices reached record...

“In physics (specifically, celestial mechanics), escape velocity is the minimum speed needed for a free, non-propelled (non-manipulated) object (asset) to escape from the gravitational influence of a massive body (resistance), thus reaching an infinite distance from...

Beijing, we have a problem! Evergrande, one of China’s largest real estate developers and biggest companies in the world, is struggling to meet the interest payments on its debts. As the company has more than $300 billion worth of liabilities, its recent liquidity...

The gold miners’ stocks are surging dramatically, despite the Fed starting to slow its epic money printing. Heavy gold-futures selling exhausted itself leading into this QE taper, paving the way for strong mean-reversion rebounds in gold and gold stocks. This sector...

An update of the gold stock bounce: As a TA, I respect charts first and foremost. On occasion that respect has burned me as I’ve missed big profit opportunity or not seen a disaster unfolding that the charts missed. But much more often it helps me profit or saves me...

With the possible exceptions of Bill Martin and Paul Volker, history will one day confirm that the Fed is precisely what Thomas Jefferson warned: A parasitical banker’s-bank that will do more damage within its host nation than a foreign army standing on its shores....

Gold prices have languished after spiking to new all-time highs in 2020. The Fed's transitory inflation story is dead, as inflation spikes to 30-year highs. Some estimate the Fed's favorite measure of inflation (PCE) could double from 3.5% to around 7.0% in 2022.

Gold and silver finally have some green colour to show instead of red on the pricing screens and has broken upwards out of the channel it has been in since mid-June and the highest it has been since the beginning of September.

I'm still a bit skeptical that the handle of the cup-and-handle formation is finished. Not just yet. Gold has to break the $1,920 area high, which gold could potentially do on this pretty powerful move.

Inflation rears its ugly head, surging at the fastest pace since 1990. The yellow metal has finally reacted as befits an inflation hedge: went up.

Since the start of the COVID-19 virus event, Gold has rallied more than +26% to reach highs near $2090 on August 7, 2020. Yet, over the past 15 months, Gold has been trailing downward in a sideways price pattern. This price rotation has set up a very broad Pennant/...

The recently released October statement of account of the Bank for International Settlements contains information suggesting a decrease of about 24 tonnes in the bank's gold swaps in August, from 438 tonnes to 414 tonnes. 

Gold continued to rally on Tuesday, as investors and metal traders priced in expectations that central banks will keep interest rates low until late 2022 at the earliest. At time of writing spot gold and gold futures were both changing hands at about USD$1,833/oz....