Gold Editorials & Commentary

The Copper/Gold ratio is saying something. That something is that a cyclical, pro-inflation and thus pro-economic reflation metal shown earlier, remaining nominally positive on a down market day has, in relation to gold, taken out two important moving averages (...

Inflation is back. OK, not inflation, but inflation expectations. As the chart below shows, they plunged during the coronavirus crisis, but they have already recovered. Currently, and based on the inflation-protected Treasury yields, Mr. Market expects that...

This article is for investors who already own a gold/silver mining stock and are considering adding more. Or perhaps a savvy investor who is comfortable with risk tolerance and has a general understanding of the gold/silver mining sector.

It’s not a surprise that the gold price is rising given what the Fed is doing to the dollar. As Andrew Maguire explains, gold is the anti-dollar.

This article defines hyperinflation in simple terms, making it clear that most, if not all governments have already committed their unbacked currencies to destruction by hyperinflation. The evidence is now becoming plain to see.

Corvid 19, the US Election and US Financial Stimulus talks have given gold plenty to digest over the last week. On a short term basis gold has been taking a lot of signal from the fortunes of the stock markets and increased hopes of agreement of a financial stimulus...

In my previous analyses, I emphasized that gold’s strength is most likely a momentary one, especially if we consider the USDX. Attesting to that are the invalidated gold breakout and today’s U.S. currency action.

The U.S. CPI inflation rate rose by 0.2 percent in September , following a 0.4 percent increase in August. It was the smallest jump since May. The move was driven by a 6.7- percent spike in the cost of used cars and trucks, and it’s the most significant upward...

Earlier this week, I published an article entitled “Sentiment Speaks: This Is What The Market Is Saying About Trump's Re-Election.” Within the article, I attempted to outline the probabilities that Trump would get re-elected based upon historical data (presented by...

The current pullback in the precious metals sector is a buying opportunity. Since trading at a closing high of $2,064 an ounce on August 6, gold bullion has declined 8.34% as of this writing.1 Gold mining shares have followed suit, declining 9.26% since the August...

So I guess this is how it works now. The dollar index rallies back to reclaim 50% of its losses from Friday, and this prompts enough HFT algo selling that we lose 100% of Friday's gains in the COMEX metals.

In Monday’s analysis , we’ve explained why rising stock prices might not lead to significantly higher gold prices after all before the latter turned south again. The manner in which this week’s trading was conducted seems to have confirmed our indications. With...

On Friday, the price of silver went up from $24.25 to $25.20, or +4%. Let’s look at the graph of the price and basis (i.e. abundance) action.

Both US political parties enjoy referring to their horrifying debt and money printing programs as “economic stimulus”.They sound like characters in a George Orwell novel, which is quite disturbing.

Money manager Axel Merk manages about $1 billion in assets.  Surprisingly, the signals he is getting from the markets are relatively calm despite the political storm sweeping the country.  Merk explains, “The markets are not pricing in a panic.  There is also a...

Biden widened his lead over Trump, while gold jumped above $1,900 again. According to the most recent Reuters/Ipsos poll, Biden has increased his presidential race advantage. Now, as the chart below shows, he leads by 7 percent.

The US dollar, as the reserve currency of the world, is the single most important entity in global trade and finance. Assisted by the US 10-year rate and the level and trend of Wall Street, the sate of these three markets , either separately or in combination,...

With a mere twenty-six days to the election of the “leader of the free world”, the richest, most powerful country in human history, financial markets are noticeably apprehensive as to outcome and understandably concerned with the reaction of the two deeply-divided...

After nearly three weeks of sideways/downward price action in Gold and Silver, our researchers believe both metals have already set up another breakout/rally attempt after breaching downward resistance (shown as the downward sloping CYAN line). This could be another...

I’m the most disconnected from politics as I’ve ever been. It’s a waste of time. Capitol Hill is one big Kabuki Theatre performance space. The country is completely screwed and the elitists know it. Everyone who is in a position to grab wealth and power is...

Last week's trading saw gold forming its low in Wednesday's session, here doing so with the tag of the 1877.10 figure. From there, a sharp rally was seen into later in the week, with the metal running all the way up to a Friday peak of 1936.80.

I used to subscribe to Richard Russell’s Dow Theory Letter.  I consider my actual education on markets began with Mr. Russell’s market comments. My inspiration for my Bear Eye View (BEV) charts came from one of his letters, published around 1995.  A subscriber...

'Tis been a curious pricing patch for Gold. It has just recorded back-to-back up weeks respectively of +2.1% and now +1.7%, for a combined two-week total of +3.9% (+72 points). 'Course as we oft quip, change is an illusion whereas price is the truth. And in settling...

By moving above 3430 -- thereby overcoming an important resistance band which started at 3330 -- SPX has shown that it is no longer susceptible to a .382 retracement of the move from 2192.  It is, however, susceptible to a minor correction of a week to ten days.

Our propriety cycle indicator turns up this week. Gold sector remains on long-term buy at the end of September. GLD is on short-term buy signal.

Our proprietary cycle indicator turns up this week.

INTERVIEW HIGHLIGHTS: After a 30-year rally in the bond market, interest rates can’t go much higher given the lack of trust resulting in marginal returns. The lack of demand coupled with too much supply in the oil market has oil companies losing money at these...

Gold and silver continue to consolidate in a narrow range this week, but gold finally broke out on the upside tonight, closing up $35 at $1928, and silver up 5.4% at $25.11.

Maybe a little too much detail, as the TA novelty known as the Andrews Fork makes an appearance. But here is the story that the bigger picture weekly view of the HUI Gold Bugs index wants to tell.

They say that time travels are impossible. But we just went back to the 1960s! At least in the field of the monetary policy. And all because of a new Fed’s framework. So, please fasten your seat belts and come with me into the past and present of monetary policy –...

Precious metals investors faced choppy market seas this week. Gold bobbed to a slight decline while silver essentially treaded water through Thursday’s close. Both are advancing strongly today.