Gold Editorials & Commentary

I will start our 2021 Gold Price Forecast with a quick update on physical demand. In our Metals Market Annual Recap (snippet below), I noted how record low gold eagle coin sales likely marked a bullish turning point for precious metals. That turned out to be timely...

Last week's trading saw gold forming its low in Monday's session, here doing so with the tag of the 1767.20 figure. From there, a sharp rally was seen into late-week, with the metal running all the way up to a Friday peak of 1852.70 - before backing slightly off the...

STORY AT A GLANCE – week ending November 27: Gold prices made a significant low during November or December in 8 of the last ten years. Gold prices are low and over-sold as of Nov. 27. The gold to S&P 500 ratio shows gold is inexpensive compared to the S&P...

For the 772nd time since January 1982, the Dow Jones closed at a new all-time high, or BEV Zero (0.00%) in its Bear’s Eye View chart below, the third since its 37% correction of last March.

After reaching its former 3460+ target, SPX created a small congestion shelf as the next launch pad which would permit it to reach 3740 -- if the new proposed relief bill is passed. 

We've cited time and again over the years that Gold plays no currency favourites. But let's face it: this recent selling in Gold was getting a little ridiculous given the Dollar's having taken on a more material demise of late. Why, even the once-venerable Reuters...

Our proprietary cycle indicator is DOWN. Gold sector remains on long-term BUY at the end of November. GLD is on short-term sell signal.

Watching Gold fall to recent lows over the past few weeks has been heartbreaking for Goldbugs.  We know the real value of Precious Metals has continued to be under-appreciated over the past 24+ months – even though gold has rallied from $1165 to over $2085 (an...

The market action in the S&P, Bitcoin, Gold and the US Dollar Index has been like late 2017. Gold peaked with upside Exhaustion alerts in August. The torch was then passed to Bitcoin, which staged a small pullback to the 50-day ema and subsequently gained upside...

Unprecedented times call for unprecedented measures. As the saying goes, governments around the globe have taken drastic action to support their respective economies in the wake of the pandemic.

The appointment of Janet Yellen as Treasury Secretary fully removes the “Chinese Wall” that is supposed to separate the Fed and the Government. I believe her appointment signals a decision to transition monetary policy into the unfettered implementation of “Modern...

The gold miners’ stocks have suffered a correction since early August, gutting traders’ enthusiasm for this contrarian sector.  This necessary and healthy selloff is maturing, after largely accomplishing its essential mission of rebalancing sentiment and technicals...

America has elected a new President. It was a close race, but Joe Biden eventually won and he will be inaugurated and take office in the White House on January 20. The price of gold rose initially in the aftermath of the elections, only to plunge on the news...

It is dawning on officials and commentators alike that the covid-19 crisis will not just go away and normality return when populations are vaccinated. The disease will be subdued, but the economic wreckage is immensely serious and long lasting. Talk of V-shaped or W...

Despite recently being fined $920M for manipulating the gold and silver markets, a recent Reuters article mentioned how J.P. Morgan’s precious metals desk just had great earnings and is "dominating" the market.

It is remarkable how much the year 2020 has played out like 2019...at least for the precious metals. And now, with 2021 on the doorstep, it's time to begin looking ahead.

The price of gold returned to above $1,800. Is the correction over? As the chart below shows, the price of gold rebounded, jumping from $1,763 to $1,811 on Tuesday (December 1) and increased further on Wednesday. As a reminder, the price of gold corrected more than...

Successful investing, from Baron Rothschild to Benjamin Graham, inevitably overlaps with contrarian investing. In short: Cooler minds avoid the madness of crowds. This is true regardless of strategy (growth to value, trend to arbitrage) or asset class (from stocks...

It’s crunch time for gold and the U.S. Dollar Index (USDX), as they find themselves at a crossroads. As of Wednesday, the USDX is holding its lows but wants to move up, thus invalidating its breakdown. And gold? Well, gold did gain a bit today, but it’s essentially...

My researcher team and I have highlighted a number of recent articles about Gold and Silver and how we believed the longer-term price activity and technical analysis supported a broad market advance in Precious Metals over the next 5+ years.  If not, check out Part...

You have been warned. The Biden – Yellen (BY) nightmare dream team will fulfil our worst fears of deficit spending, debt explosion and dollar collapse. Not that a Trump win would have been that much different since the die had already been cast long ago for the...

November doesn’t look like a good month for gold. The declines in the precious metals market continued last week. As the chart below shows, the price of the yellow metal dropped to $1,779 on Friday (November 27).

Metals Ratios Continue to Indicate Inflation: And that is welcome for monetary and fiscal policymakers of course, since inflation is the only trick they have up their sleeve to bail this mess out once again. And this is no comment on COVID-19. The economy was slowly...

This surely isn’t one of William Shakespeare’s plays, but excitement over occasional corrections as if they herald something much bigger has elements of comedy. Let’s face it, emotion is ever present in the markets and when investors are swept up in waves of...

Since peaking at $2,067 in August, gold is down by $250. Does that mean its bull market is over, or is gold a Cyber Monday Deal? In this correction, gold has already given back 15%, leading some to conclude that the gold bull market it finished.

First, we have a word on gold. Gold closed under $1,800/ounce on Friday for the first time since mid-July. How did it happen? Gold had declined sharply for the past week, but on Friday, just before the U.S. open, it dropped below its 200-day moving average (dma),...

The US election is still being disputed by republican fiat bugs, but it looks more and more likely that democrat fiat bugs have won. In the world of private money (gold and crypto), elections also take place… at major support and resistance. These are the most...

When the market was crashing back in March, I distinctly remember how palatable the fear within the market was at the time. Many were even talking about how the market itself was about to “break.”

As 2020 is wrapping up, investors are trying to narrow down the target for gold’s bottom in the coming weeks. And as the yellow metal is experiencing what appears to be its worst month in the past four years, the Gold Miners Bullish Percent Index ($BPGDM) once again...

A vaccine for Covid-19 is on the way, so gold investors should probably pack it in, right? After all, a valid and distributable vaccine will likely create euphoria, and push the stock market up and gold down. The economy will recover, maybe even roar, and with it...