Gold Editorials & Commentary

After decades of concerted effort by governments and central banks, the focus away from gold as money has led to its characterization as an investment, a hedge, insurance, etc. Some still refer to it as a barbarous relic. Are any of these descriptions valid?

While some of you think that I dismiss your comments to my articles, I will be honest with you that some comments make me think, whereas some just make me scratch my head.

The best performing precious metal for the week was palladium, up 0.73% on expectations of strong automobile production, perhaps tempered by the chip shortage. Palladium supply, however, has been restrained by flooding at one mine in Russia. Sibanye Stillwater may...

‘Taper’ talk from the Federal Reserve is back in focus. But for now, it’s all talk and no action. Last week, former New York Fed President William Dudley said the central bank will begin the process of tapering – winding down its monthly asset purchases – by year...

Gold and silver prices experienced quite a roller coaster ride over the last few days. Given the fast recovery on Friday, we see two potential scenarios for the precious metal markets to unfold. Gold – Healthy Pullback or Escalation Until Midsummer?

With the current situation suggestive of a Monty Hall problem, investors are clinging to the first, bullish door. But what if a different option is more likely?

History is a funny thing, almost as funny as human nature. The policy makers, including their latest meme of “transitory inflation,” are no exception to such psychological tragi-comedy. In short, we don’t see inflation as “transitory.”

There is some evidence that we are still in the bull market which started in 2009 and which could continue into 2021 before major cycles take over, and it ends.  A move up to ~4500 is possible before the current bull market makes a final top and SPX corrects into...

Last week's trading saw Gold forming its high in Tuesday's session, here doing so with the tag of the 1919.20 figure. From there, a sharp decline was seen into early in Friday's session, with the metal dropping all the way down to a low of 1855.60 - before rallying...

Excerpt from the book Human Action: Men have chosen the precious metals gold and silver for the money service on account of their mineralogical, physical, and chemical features. The use of money in a market economy is a praxeologically necessary fact. That gold—and...

Per last week's piece, you know that Gold settled the month of May at 1904. We next see it settling this month of June nearer to 1800.

This week closed with the Dow Jones’ BEV at -0.06%.  In dollar terms the Dow Jones has to advance only twenty-two dollars to once again make market history with a new all-time high.  That will be BEV Zero (0.00%) #30 seen below since its March 2020 BEV -37% flash-...

As I reflect back upon the events of the past twently-one months, I have some difficulty remembering what our lives were like before this manmade pathogen threw the global economy into chaos. Reading an excellent article by former NY times journalist Nicholas Wade...

The S&P500 failed a breakthrough on Thursday and tucked its head back below its 4200 ceiling again, where it has remained range-bound for weeks. Job news on the economic front that many analysts toasted as great could not lift sentiment out of the doldrums on...

In a previous article I wrote: “Looking at this chart, it should be apparent that gold at $2000 is fully-priced. Unless you are convinced that the US dollar is going to crash soon, then expectations for much higher gold prices at this point  are unwarranted.”  ($10,...

Gold sector remains on long term BUY at the end of May. Our proprietary cycle indicator is up. Gold has found major support, and next resistance is at 1950.

Sector expert Michael Ballanger extolls the virtues of a pair of newsletter writers, and discusses how moving to communications to the internet has impacted trading, including in the precious metals market.

Streetwise Reports: Frank, thanks for joining us today. Gold, after several months of trading sideways, has recently seen some new momentum. It's been staying above $1,850 an ounce while cryptocurrencies have been experiencing extreme volatility. You're in a unique...

It seems that the big downswing has just begun. Some will call it “transitory”, as the Fed did with inflation, but there is no strong reason for gold to rise again.   

The gold miners’ stocks are enjoying mounting gains, with their young upleg continuing to power higher on balance.  Their recently-reported Q1 results revealed strong fundamentals, fully justifying better stock prices.  The gold stocks have achieved major upside...

Last month, I wrote that “inflation is knock, knock, knockin’ on golden door”. I was wrong. Inflation didn’t knock, it broke down the door! Indeed, as the chart below shows, the core CPI surged 3%, while the overall CPI annual rate soared 4.2% in April – this is...

Gov. Bill Lee signed legislation last week requiring the Tennessee Advisory Commission on Intergovernmental Relations (TACIR) to examine the feasibility of creating a state depository to secure gold owned by the state and/or citizens.

In a significant and strategic development for monetary metals, the Government of the Russian Federation has just introduced legislation which will allow Russia’s giant National Wealth Fund (NWF) to invest in gold and other precious metals. The NWF is Russia’s de...

Gold rallying on low volume yesterday was a clear bearish sign; the yellow metal dropped about $15 in today’s pre-market trading. What will happen next?

Gold surpassed $1,900 at the end of May. However, it has been struggling since then to rally decisively above this level. Instead, the price of the yellow metal has been oscillating around this level, as the chart below shows.

It is now approaching almost a decade since I began writing public articles outlining my analysis in various markets. And, I have learned a lot about the general investor community based upon many of the comments I have received during that time.

This article will discuss gold’s growing importance as the principal protector of wealth and also that the coming price evolution of gold will be dazzling as it reaches heights that no one can imagine.

Sure Mr. Biden, money is cheap. But whose money is it? The White House recently sent a $6 trillion budget plan to Congress. Let that sink in for a moment.

The gold market has seen many momentum shifts in recent months. At the end of the day, however, the market really depends on one simple factor: Are the big money inflows trending in a bullish or bearish direction?

Silver and mining stocks reached intraday highs only to pull back before the end of the day. It all happened on quite big volume – another sign of a market top.