Gold Editorials & Commentary

I’m often asked if I foresee inflation or deflation. This week we had an “Ask Me Anything” session for Alpha Society members and it came up several times. Both are possible in their own ways, and frankly I feel a little funny telling people I think we will see both...

SPX Long-term trend: There is some good evidence that we are still in the bull market which started in 2009 and which could continue into the first quarter of 2021 before coming to an end.

Last week's trading saw the gold market dropping into a Wednesday bottom of 1832.40 - before turning higher off the same into early-Friday, here pushing all the way up to a peak of 1878.90 - before backing off the same to end the week.

Already one trading month of 2021 has been burned, therein the price of Gold having mostly been churned. In settling out the week yesterday (Friday) at 1850, 'twas not only the sixth consecutive trading day during which such price traded, but so it has done in 13 of...

This week for the first time since the November 16th’s all-time high (aka: BEV Zero) the Dow Jones closed more than 3% from a BEV Zero, closing the week down 3.87% from January 20th BEV Zero. It was bound to happen, especially after two and a half months. This is...

Gold sector remains on long-term BUY at the end of January. Silver is leading gold and that is positive for overall higher prices. The correction continues but may be ending, finally.

Cryptocurrencies are all soaring and have reached incredible highs as of late – so why should you – the gold investor – care? Do you remember about bitcoin? Some time ago, I wrote that the bitcoin situation made the overall situation in currencies similar to late...

The major gold miners’ upcoming earnings season should prove amazing. They enjoyed some of the highest prevailing gold prices ever witnessed last quarter, which sure ought to fuel massive earnings growth. Especially if their output levels and production costs...

With covid lockdowns continuing into the spring and increasingly likely beyond, the economic damage worsens. People everywhere are simply not getting out to spend their money, and businesses which can only plan for their survival under normal trade conditions are...

It’s a new era—or is it? Debt increases, QE continues, and the dollar devalues. This new era sounds like the past five decades of fiscal and monetary craziness. Bubbles pop. We don’t know when, but they always pop.

Wednesday brings the conclusion of the first FOMC meeting in 2021. As usual, we'll get a summary at 2:00 pm EST followed by a press conference with Chairman Powell at 2:30 EST. What will he say, and what should we expect the impact to be on COMEX gold and silver...

The FOMC released on Wednesday (January 27) its newest statement on monetary policy. Generally speaking, the statement was little changed. The main alteration is that the U.S. central bank has acknowledged that “the pace of the recovery in economic activity and...

Precious metals in general did very well in 2020, and I expect them to keep pace in 2021, supported by heightened efforts in the U.S. and elsewhere to transition from fossil fuels to renewable energy.

Gold prices remain under pressure and near session lows even as the U.S. economy grew less than expected in the first quarter, according to the latest data from the U.S. Commerce Department.

Price action is usually conducted in a series of up and down price phases – or waves/cycles. Typically, price will move higher or lower in phases- attempting to trend upward or downward over time. This type of price action is normal. Extended upward trends with...

Yesterday‘s recovery ended on a weak note as stock bulls gave up the opening gap. Disappointing in the very short run, especially given that other key markets acted likewise weak. Neither corporate bonds, nor gold, nor oil could get their act together, and are...

Most investors are more interested in getting richer than preserving wealth. This is why they will never exit the stock market. As the Dow up 39x in the last 50 years this has been the right strategy. Only since 2009, the Dow is up 5x! So clearly a Win-Win position...

Listening to a particularly popular "weekly wrap-up" (featuring a gold perma-bull and a certain prominent billionaire's "favorite technical analyst") last Saturday afternoon, I was immediately struck by the reversal in the analyst's so-called "technical picture" for...

Which stocks could magnify S&P 500’s gains in case it rallies? Take a look at a part of our Stock Pick Update. We have included two Consumer Discretionary and one Energy stock this time.

If we want to make intelligent forecasts and decisions about our future, we need to understand not only where we are today, but also how we got here. So let’s look at previous gold bull markets for some insight on what we might expect from this one.

“Quick, get in on the action! Plenty to go around for everyone! After all stock prices are only going higher…what can go wrong?” So seem to think the legions of investors who are engaged in an overleveraged and speculative feeding frenzy. Prospect of a market bubble...

What a blitzkrieg! Joe Biden certainly wastes no time in signing executive orders. Since inauguration, he introduced several policies, including mandating masks on federal property, in airports and on certain public transportation, and the end of a travel bank on...

Gold is suffering a hang-over after it’s early January highs, while the EUR/USD pair is buckling - so when gold declines, where will its bottom be? After injecting itself with Janet Yellen’s stimulus sentiment, gold came down from its highs on Friday (Jan. 22).

Most law graduates share a capacity to argue two-sides of any case, regardless of their own primary conviction. When it comes to gold, my verdict as to its ultimate price direction (upwards) and its historical role (wealth preservation) have never wavered.

I believe that there’s a relatively high probability of another big move in the precious metals sector is coming. The charts of gold and silver are starting to look bullish again after the sharp sell-off in the sector that started on January 5th.

Last year felt like a pivot point in U.S. history. The pandemic and election left the nation ideologically divided. There seem to be only three resolutions going forward.

Gold remains in a weekly downtrend, but has found support at both the 50 week moving average and the 10 month moving average, in a bull market it is not unusual for gold to use these levels as support. It is entirely possible for gold to start moving away from these...

Gold has been rising steadily, doubling its price since late 2015 through August 2020. Since then, for the past six months, Gold has been consolidating. We label the consolidation wave (2) down in the chart below.

Listening to a particularly popular “weekly wrap-up” (featuring a gold perma-bull and a certain prominent billionaire’s “favourite technical analyst”) last Saturday afternoon, I was immediately struck by the reversal in the analyst’s so-called “technical picture”...

The crossing of the Delaware in midwinter on Christmas Eve of 1776 was General Washington’s major commitment to take the revolution to the enemy. Now, a little more than 245 years later, a similar opportunity for a similar inspirational action presented itself to...