Gold Editorials & Commentary

Many voices in the gold community are making a simple point. Look at the prices of oil, copper, and other commodities. They are skyrocketing. The mainstream explanation— shared by Keynesians, Monetarists, and many Austrians—is that the cause of this skyrocketing is...

At the moment of writing these words, gold continues to move around the $1,800 level, so nothing really changed in the last several hours. Not much changed during yesterday’s session either. While gold, silver, and mining stocks made new highs in terms of the...

Inflation worries have intensified, gold started to rally on Friday… and then Powell came, ruining the party and killing the bullish vibe.

For the first time in most Americans’ lifetimes, they are having to navigate chronic shortages. From bare shelves at discount stores to contract labor being unavailable, the supply of goods and services is seemingly unable to keep up with demand.

I would like to update some long-term charts for Gold to give you a feel for where Gold is at in its secular bull market that began at the 2000 double bottom low. I’ve said a million times that big patterns lead to a big move and the bigger the pattern the bigger...

The world is never returning to normal. The COVID crisis has changed daily life for billions and served as a catalyst and scapegoat for an increasingly decaying financial system. The world is now hampered by shortages and soaring prices, and it will only get worse...

The best performing precious metal for the week was silver, up 4.35%. Gold steadied after a two-day advance as investors weighed comments from Federal Reserve officials indicating that interest-rate hikes aren’t imminent.

The USD Index has been eating its Wheaties, is itching for a fight, and it’s got solid fundamentals backing it up. Doesn’t look good for the metals.

These secular bear markets in the US Dollar lasts usually 6-8 years. The bull market likely ended early 2020. The $CRB has started a secular bull market.

Today's Federal Reserve regularly makes two extraordinary claims; Inflation is too low, The Fed has nothing to do with wealth concentration.

One of the benefits (or luxuries) of being removed from the commuting rat-race of my earlier life is the ability to devote large swaths of free time to reading – to the acquisition of either new sources of knowledge or new frameworks of opinion, neither of which can...

SPX Long-term trend:  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.  Hig

Last week's action saw the Gold market forming its low for the week in Monday's session, here doing so with the tag of the 1760.30 figure. From there, a sharp rally was seen into later in the week, with the metal running all the way up to a Friday peak of 1815.50 -...

As expected, the Dow Jones closed this week at a new all-time high, a BEV Zero in its BEV Chart below.  This is the 43rd since it began making new all-time highs last November 16th, and since then hasn’t closed outside of scoring position.  What’s scoring position...

Solar panels are basically microprocessors, so it’s not a surprise that they’ve been following their own version of Moore’s Law, declining in price by 5%-10% each year. As a result, solar is now competitive with fossil-fuel-derived electricity in a growing number of...

Yesterday (Friday) it looked for all the world that Gold finally was getting some material upside grip, that finally the weekly parabolic Short trend was about to flip Long, that finally the M word crowd were "takin' it in the Shorts" (a somewhat vulgar StateSide...

Our proprietary cycle indicator is now UP. Long term – on long term SELL signal. Short term – on buy signals. Gold sector cycle is up. $$$ We are now long for this new up cycle.

Gold calmly continues cobbling its Handle, Miners lay in wait You see, there is all this noise out there. It comes mostly from inflationists touting gold in the same breath as copper, as oil, and as commodities of all flavors (and aside from gold and to a degree,...

Below we look at recessionary, inflationary, and stagflationary signposts to determine the probability of whether we are headed for recession. The potential outcomes, in the backdrop of rising debt as real rates slide inevitably deeper into negative depths, are a ...

The gold miners’ latest quarterly earnings season will soon get underway, with their full Q3’21 results due out by mid-November.  These fundamental reports are invaluable to traders, revealing how companies are actually faring operationally and financially.  Despite...

After the gold price reached a high of $850 oz. in 1980, its price began a long decline that lasted over twenty years. But the decline was not just characterized by its lower price, which eventually bottomed around $250 oz.

With the S&P 500 back at its all-time highs, gold stopped lagging behind. However, how long can this unsustainable growth last?

Maybe it’s not the best timing, given the spread of the Delta variant of the coronavirus, but let’s be optimistic and assume that we will soon leave the epidemic behind us. It goes without saying that the pandexit, or the exit of the Covid-19 pandemic from the world...

Currencies are the most manipulated markets on the planet. The intermediate cycle low is over? Will the gold cartel attack gold here near the 200 d.m.a.? A hard stop below $1,760-pivot is a good idea, swing point, and we do not want to break below this or it opens...

November third meeting for the FOMC, the US Dollar Index is correcting and a "big game" tapering talk will help it to reverse but this will fail. Gold will have a lot of attacks and probably unlikely to get above the $1,835 area and then later a better chance of a...

Generals are always prepared to fight the last war, while economists are always prepared to fight the last recession. But what if the next economic crisis doesn’t start in the US financial sector, but in China’s real estate?

Kicking the can down the road is the new national pastime. Every time the government’s bills come due, officials at the Treasury Department find creative ways of paying them with money they don’t have.

The stampede of dollars into the gold and silver markets has not yet begun. There is record demand for coins, rounds and bars, but institutional money is still ignoring precious metals, for the most part. Anyone wondering why, can find a clue in the current makeup...

With silver outperforming and key supports for the USDX holding, what’s in store for the precious metals in the upcoming months?

At the end of major economic cycles, shortages develop in all areas of the economy. And this is what the world is experiencing today on a global basis. There is a general lack of labour, whether it is restaurant staff, truck drivers or medical personnel.