Gold Editorials & Commentary

Gold is looking better than it has for a long time. As we will proceed to see the correction from its August 2020 highs looks to be complete with it shaping up for what should prove to be a massive 2nd impulse wave – and why shouldn’t it with inflation ramping up...

Gold finished solidly above the $1,800/oz level on Friday, marking the yellow metal’s best weekly close since late August. More importantly, gold may be breaking out of a larger consolidation pattern that has been in force since prices peaked in August of last year...

Prices move up and down, in the restless churn of our irredeemable monetary system. There are several schools of thought whose theories attempt to describe, if not predict, the next price move.

Is gold’s long-awaited surge to $3000 an ounce finally underway?  Are all the traffic lights green? Throughout the Western world (and China too), aging populations need a lot of medical care, and the only government and central bank “solution” is...

The October nonfarm payrolls came surprisingly strong. As the chart below shows, the US labor market added 531,000 jobs last month, much above the expectations (MarketWatch’s analysts forecasted 450,000 added jobs). So, it’s a nice change from the last two...

The best performing precious metal for the week was spot gold, up 1.96%. Nomad Royalty Company has entered a gold stream with respect to Orion’s 40% interest in Greenstone Gold Mines, which operates the Greenstone Gold Project located in Canada.

The facts of surreal yet broken (and hence increasingly controlled and desperate) financial markets are becoming harder to deny and ignore. Below, we look at the blunt evidence of control rather than the fork-tongued words of policy makers and ask a simple question...

Most investors and others who follow the gold market are aware that gold peaked in January 1980 at $850 oz. Gold is currently priced at $1772 oz., somewhat lower than its peak in August 2020 at $2060 oz.  In either case, the gold price has increased considerably...

So, I decided to read yet another article calling for a market crash. Needless to say, the body of the article offered nothing of true substance upon which I cared to comment, and I was saddened by the several minutes of time I wish I could have gotten back. That is...

While the greenback's failed breakout on Nov. 4th may seem bearish, it faced a similar situation in August and October, only to recover and achieve new highs. After the USD Index’s negative response to the ECB’s monetary policy meeting on Oct. 28, I warned on Oct....

Our proprietary cycle indicator is UP. Gold sector is on long term SELL signal. GLD is on short term buy signal. Speculation rising from lowest level in years.

..it will stop. (Herb Stein an economist on Reagan’s panel in the 1980s). Now why would anyone blessed with good intelligence consider it necessary to formulate a Law that is as pure common sense as one which states, “If you stop breathing, you will die.” It would...

The 4540 projection which had been in effect since the March 2020 low has now been reached but appears to have been only an intermediate target.  Higher levels should now be reached before an important top is struck.

Last week's action saw gold forming its low for the week with Wednesday's fed day, with the metal dropping all the way down to a bottom of 1758.50. From there, a firm push higher was seen into late-week, here running all the way up to a Friday peak of 1820.10 -...

The gold price didn't do much until around 9 a.m. China Standard Time on their Friday morning -- and from that point it began to head a bit higher. That lasted until around 8:25 a.m. in London -- and it was then sold quietly lower until its spike low tick was set...

Gold, after 18 weeks of being stuck in a maniacal Short trend without price really going anywhere, FINALLY broke the bonds of the M word crowd by flipping to Long -- but not without a mid-week scare: more later on that affair.

This week there was plenty to comment on in the stock market, such as the Dow Jones closing at a BEV Zero (new all-time high) for four of five days.  Nothing wrong with that, as long as one keeps one’s market analysis at a superficial level. 

While I hold a special place (in my thoughts and in NFTRH) for the gold stock sector due to its counter-cyclical nature, it’s a big market out there and a strategic view of the macro helps with successful positioning. Following is a snapshot of some sectors/markets...

While the Fed announced the start of its long-threatened taper program, the actual policy statement says “The Committee would be prepared to adjust the stance of monetary policy as appropriate if risks emerge that could impede the attainment of the Committee’s goals...

Another quarterly earnings season is upon us, led by the biggest US stocks. These massive American companies dominate virtually all portfolios, so how they are actually faring fundamentally is important. Do big US stocks’ underlying corporate earnings justify their...

Inflation is not merely transitory, and that’s a fact. Why then isn’t gold rallying? Isn’t it an inflation-hedge? Well, it is - but gold is a lazy employee. It shows up at work only when inflation is high and accelerating; otherwise, it refuses to get its golden...

Gold and silver price actions have been the opposite of dramatic for months now, they have been boring. In the last 100 days, gold has moved sideways in the US$100 range between $1725 and $1825. 

When will precious metals markets finally make their move? It’s a question that has frustrated many investors in 2021. Gold and silver prices have remained stubbornly rangebound for the past several months.

Gold market is not an easy market to make money in. Up a little, down a little. Almost impossible to make sustainable gains right now. Virtually impossible to time the tops and bottoms during this churning stage.

Gold glittered during the 1970s stagflation, but it also closely tracked the index more recently during the 2008 credit crisis and the 2020 pandemic-driven breakdown. Curiously, though, it has lagged the surge in the Misery Index over the past year and a half.

The Fed has announced tapering of its quantitative easing! Preparing for the worst, gold declined even before the release - will it get to its feet?

I am asking myself have I lost a short term investment opportunity in gold and silver yesterday? FOMC meet did not have any surprises. Taper was done. Money supply by the Federal Reserve will still increase every month. Various asset classes will continue to see...

Picture, if you can, a world in which gold circulates as the medium of exchange. People pay for everything, from groceries to rent, in gold. Employers pay wages in gold. Productive enterprises borrow gold to finance everything from food production to constructing...

Don’t listen to what CENTRAL BANKERS say, but just observe the disasters they create! One current Central Bank head and two former ones have recently spoken words that make no sense.

Let’s face it, the metals are not having an easy time breaking out. Short-term rallies end up going nowhere and bearish signs are still in abundance.