Gold Editorials & Commentary

The USDX reportedly invalidated its bullish H&S pattern yesterday, but did it actually do so? The line based on daily closing prices says otherwise.

Some of you will question why it's valuable to document the obvious price-rigging by The Banks. The answer? Because remarkably there are still "analysts", many of whom the precious metals community hold in high regard, who claim the pricing mechanism is fair, honest...

Chris Joins Elijah K Johnson from Liberty And Finance to talk about Precious Metals. Since last August, silver has been trading in this noisy sideway range. This can be seen as a pause or consolidation before the next major trend breakout. If the US dollar starts to...

For investors who are following the Corona action, the delta variant of Corona is a concern, and it’s possible that more severe variants emerge over the coming year.

The bears assemble… but not for the USDX. The greenback has just completed its inverse H&S formation – are these the last calm moments for the PMs? Yesterday’s (Jul. 26) session might have seemed to be something important or game-changing, as miners moved higher...

The European Central Bank held its monetary policy meeting last week. It was an important event, as it was the first meeting since the adoption of the new ECB’s strategy, and as the ECB has introduced some changes. It left the interest rates unchanged, but it...

The first half of 2021 did not play out as hoped by precious metals investors. Despite the effort to “squeeze” the bullion banks, silver has yet to push through the $30 barrier, and gold remains below the high put in nearly a year ago.

The best performing precious metal for the week was gold, up 0.21%. Gold remained stable during the week as bond yields retreated and investors weighed the outlook for global growth on concerns that coronavirus variants may threaten the economic recovery.

The U.S. dollar, as the world reserve currency, is still the driver of silver, gold, and inflation pricing and the charts below show that they should now be ready to run based on the USD topping and then dropping in “price”.

The USDX rose above its inverse H&S pattern neckline. After months-long preparation, is it ready to take its final test… and shine?

My friend Greg Hunter at USA Watchdog weighed in recently with such a despairing outlook for the dollar that perhaps it's time to see whether the charts support this view. Here’s the post from his site, which over the years has featured my own thoughts on deflation...

You see, the market saw a nice drop on Monday. And, the news media was at the forefront "explaining" how the market fears regarding the Delta variant of Covid is what caused the decline, and would likely take it much lower. It made me wonder if they polled all the...

SPX rallied sharply from its short-term cycle low and immediately made a new high. As long as the cycle holds out, it could push to 4440+ before finding the next short-term top.

Last week's trading saw Gold forming its high in early-week trading, here doing so with Tuesday's tag of the 1825.90 figure. From there, weakness was seen into Friday's session, with the metal dropping down to a low of 1789.10 - before bouncing slightly off the same...

In a conversation among people old enough to remember, the word ‘bubble’ brings back memories of 1987 and 2000 and the Nasdaq.com frenzy. The craziness of the South Sea Island bubble in the UK and John Law and his Banque Generale in France is before our time, but is...

Monday this week saw a little excitement, as the Dow Jones saw it first 2% day since January 27th. And like last January, this week’s day of extreme market volatility was but a pause the market took before the Dow Jones saw a new all-time high on Friday. I have to...

Long term – on major SELL signal. Short term – on mixed signals. Gold sector cycle is down. $$$ We closed out all of our positions with good profits, and stand aside for now.

Central banks’ massive Quantitative Easing (QE) programs have come under scrutiny many times since the central banks fired up the printing press and began quantitative easing programs en masse after the 2008-09 Great Financial Crisis.

June’s inflation index jumped 5.4% from a year ago, the highest reading since August 2008. The experts were surprised. Clearly, Federal Reserve watchers never bothered to consult Milton Friedman. Lost is a core Friedman dictum: “Inflation is always and everywhere a...

Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.

Gold has been sucking wind this summer, trudging along after getting slammed by a distant-future-rate-hikes scare. The resulting lower prices have really damaged psychology, leaving investors wavering on gold. Their recent capital inflows have reversed into modest...

The precious metals sector has been extremely irritating, if not outright agitating since May. Compounding the frustration is the fact that the fundamentals supporting the sector have never been stronger. These factors include negative interest rates, the Fed’s non-...

Inflation, inflation, inflation. We all know that prices have surged recently. And we all know that high inflation is likely to stay with us for a while, even if we assume that the CPI annual rate has already peaked, which is not so obvious. But let’s look beyond...

President Joe Biden is in denial about inflation. This week he superficially addressed the problem by admitting the obvious – that prices have been rising rapidly this year – while denying that the inflation surge represents anything out of the ordinary.

Historically, the connection between gold and liberty is a potent one. Indeed, it is no exaggeration to assert—if you will pardon the pun—that they are two sides of the same coin. Australia in the 1850s provides a sterling example.

The coronavirus strikes back! It’s bad news for almost everyone and everything… except for merciless gold. So, were you hoping that the epidemic was over? After all, millions of people got vaccinated, and the economy is booming. Restrictions have been generally...

Investors may hope that the biggest financial experiment and debt bubble in history will last another 100 years. And they can pray that the currency system which has lost 98% of its value in the last 50 years will last another half century.

It seems that choosing GDXJ to short the PMs was a good decision – juniors closed the day at new 2021 lows. Will our profits only grow from now on?

The best performing precious metal for the week was gold, up 0.21%. Gold remained stable during the week as bond yields retreated and investors weighed the outlook for global growth on concerns that coronavirus variants may threaten the economic recovery.

There is widespread disappointment in the PM camp now that we are almost 3 weeks into the new BASEL lll regime and little has happened.