Gold Editorials & Commentary

Just as demand for the GDXJ was based on an anti-establishment thrill for a long time, investing in crypto altcoins is now even more riotous to many. The rally might have just burnt itself out. And I don’t mean just the precious metals market, but stocks too.

Gold jumped above $1,800, and it’s the disappointing jobs data that added fuel to the fire. The gold market is a funny place. On Thursday (May 6), I complained that the yellow metal couldn’t surpass $1,800:

The GDX and HUI Index are enjoying a blissful moment. With HUI behaving civilly, will the GDX cling to the unrealistic and try to leap to cloud “ten”?

The Central Banks of the World – Russia and China both perhaps excepted – are all members of an International Club of Central Banks. This Club is run according to the rules dictated by the BIS, the Bank for International Settlements, located in Basel, Switzerland....

The best performing precious metal for the week was silver, up 5.91%. Silver continues to do well due to the improving U.S. economy, which is strengthening the dollar. Reports showing a slowdown in manufacturing activity, along with disappointing jobs numbers, are...

Gold has formed and nearly completed a Massive Cup and Handle Bullish pattern that started at its September 2011 peak and has continued through now, May 10th, 2021. This ten-year pattern is nearly complete.

The Chris Marcus Letter to Acting Head of the CFTC, Rostin Benham, to remind him of the implications of what he had said in an interview, describes a smoking gun that had made a loud bang in the PM market. Whether its reverberations are going to wake the sleeping...

Psychologists, poets and philosophers have written for centuries that many who have eyes refuse to see, and many who can think, refuse to think clearly–all for the simple reason that some truths, like the sun, are just too hard to look straight into.

There is some evidence that we are still in the bull market which started in 2009 and which could continue into the first half of 2021 before major cycles take over and it comes to an end.

Last week's trading saw gold forming its low in Monday's session, here doing so with the tag of the 1765.60 figure. From there, a sharp rally was seen into late-week, with the metal running all the way up to a Friday peak of 1844.60 - before backing slightly off the...

Let’s start by defining hyperinflation…  “Hyperinflation is a term to describe rapid, excessive, and out-of-control general price increases in an economy. While inflation is a measure of the pace of rising prices for goods and services, hyperinflation is rapidly...

This week the market saw lots of excitement, like the Dow Jones seeing three new BEV Zeros from Wednesday to Friday.  These three new all-time highs pushed the Dow Jones up 903 points, or 2.67% above last week’s close.

First things first: we were a week premature in writing off Gold re-attaining 1800 "near-term". For some two months, we'd anticipated 1800 Gold: and we (finally) got it, price settling yesterday (Friday) at 1832.

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

Apparently, CFTC acting commissioner Behnam has made additional comments about who’s involved in setting some of the futures market guidelines…and to find out who else is involved, please click to watch the video now!

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

“Knock, knock, knockin’ on heaven’s door”, so sing Bob Dylan and Guns N’ Roses. Now, inflation is knocking on the golden door. According to the BLS, the U.S. CPI inflation rate recorded a monthly jump of 0.6% in March, while soaring 2.6% on an annual basis. And the...

The red-hot US stock markets continue to power inexorably higher, fueling extraordinary complacency and euphoria.  With stocks riding an extreme deluge of Fed money printing, selloffs are minor and far between.  But are these seemingly-perpetual gains to endless...

Is it a temporary blip… or the beginning of a long-term trend? That’s the key question facing consumers, investors, and retirees when it comes to inflation.

Before going into detail regarding my latest research and cycle phases, I want you to think of these cycle phases as Advancing and Declining cycle trends.  They act as a “build-up of trend”, then an “unwinding of trend”.  In each instance, trends can be either...

There’s no inflation … None at all. Only, completely by accident, lumber prices are skyrocketing. Gold is likely to remain silent, but it may catch up later.

There is a growing recognition in financial circles that price inflation will increase significantly in the near future, and official estimates that it will be a temporary phenomenon limited to an average of 2% are overly optimistic. There is, therefore, increasing...

If you think the things that Ben Bernanke and Jerome Powell say sound ridiculous, have you ever actually taken the time to watch Nixon’s “closing the gold window” speech again after all you’ve learned in recent years?

Treasury Secretary Janet Yellen sent markets into a tizzy on Tuesday when she said interest rates may have to rise to keep the economy from overheating with all the government stimulus. But later in the day, she walked those comments back, claiming inflation isn’t...

I have been writing professionally about the financial markets since 1995, and in all of that time I have almost never referenced valuation. It is not because valuation does not matter, but rather that valuation does not give any useful insights to solve my puzzles...

My 5,15 moving averages have converged into a “kiss”.  A crossover buy signal seems imminent, as does a gold price breakout over the $1800 round number resistance zone.

As we've been reporting for over a year, something radically snapped and changed at the COMEX in March of 2020. To that end, it's time for another update.

Gold bugs are closely watching what happens with Treasuries. Last year, the gold price hit a record high of $2,034/oz, largely due to the fact that investors were piling into bonds as a safe haven against pandemic-related uncertainty. A descending US dollar and...

Gold rallied visibly yesterday as the USD Index gave away some of its Friday’s gains, and this sparked questions about whether this is actually bullish for gold. And rightfully so, after all, if a given market reacts to what it shouldn’t react to, it often tells us...

By signing sound money legislation today, Arkansas Gov. Asa Hutchinson has officially ended sales taxation on gold, silver, platinum, and palladium bullion and coins– thereby setting an example for legislators in New Jersey, Maine, Ohio, and Tennessee, who are still...