Gold Editorials & Commentary

The gold miners’ stocks have spent the past half-year mired in a high consolidation.  They haven’t been able to break out, but aren’t breaking down either.  This technical purgatory is working to slowly bleed off overboughtness and rebalance sentiment.  This...

In this insightful interview, Max and Egon talk about the 2010s as a decade of fantasy and decadence. Central Bankers’ medicine has enabled the terminally ill patient to survive for much longer than he should have. But that sadly will soon come to an end.

Our base scenario for 2020 is that it might be a worse year for gold than 2019 was. However, there are three major upside (and one downside) risks for the gold market, which could materialize in 2020. Today’s article will introduce you to these potential catalysts...

The gold fututes gained 0.56% on Thursday, as it got closer to its recent local high of $1,568.80. The yellow metal closed above $1,560 mark for the first time since January 8 run-up followed by a sharp downward reversal. On Wednesday, it has bounced off $1,550...

Two cities are besieged. One by officials, activists and business leaders, while the second by bloodthirsty politicians. Will anyone escape? No one knows, but the gold coin has always helped bribe the guards to look the other way…

In part 2 of this Important Inflection Point For the PM Complex, we’ll look at some US dollar charts along with a few important currencies of the world. I don’t have to tell you that the US dollar can play a very important role in how the PM complex and commodities...

The precious metals sector remains in a correction, and as long as the 200-day moving averages hold, a bullish consolidation that began last September.

Physical gold is eternal and paper gold ephemeral. Take heed of this before the collapse of the fake gold paper market together with most paper assets.

Precious metals and miners are consolidating before their next advance. Gold could reach $1700+ by March, and we see explosive potential in silver. 

We've been monitoring and writing about palladium since the price first broke to new all-time highs in 2018. With the chart now seeming to go parabolic—and with misunderstanding and misinformation also at all-time highs—it seemed a great time to post this update.

Our recent research suggests the US stock market may be entering a period of volatility that may include a broad market rotation/reversion event.  We believe this volatility event could begin to happen anytime over the next 10 to 30+ days.

Ever since Sept. 19, 2008, when Hammerin' Hank Paulson appeared in front of the U.S. Congress on bended knee and begged those clueless politicians for a bailout—which he did successfully—the spread of moral hazard throughout the world has been a contagion that makes...

Latest economic data were published last week, indicating that the U.S. economy remains on solid footing. Gold prices held up relatively well – but can it last?

Chinese New Year buying and more deaths in war-torn Yemen have ignited yet another solid rally in gold.

In a prevailing bullish sentiment, it’s hard to raise a word of caution – no matter how well justified. Yet, that’s what we aim to do today regarding gold. While it’s holding up quite well, there’s something going on beneath the surface that we’d like to share with...

Our research team believes the current Q4-2019 earnings season and expectations are prompting a “Rally To A Peak”.  We've been warning our followers and clients that we believe the US Stock Market has rallied to levels that constitute a “near peak enthusiasm”...

Last week has been all about the U.S. - China trade war deal signing. The markets went almost full-on risk-on on that news. But there were more quite interesting developments, i.e. Thursday’s Euro decline. Will the coming week bring some interesting news events? Let...

We’ve had an increase in gold futures price on Friday, as it gained 0.6%. The yellow metal is at its recent local highs of around $1,560. It still looks like a consolidation following January 8 run-up above $1,600 mark that ended with a sharp downturn. On Tuesday...

Narayana Kocherlakota, the former President of the Federal Reserve bank of Minneapolis wants you to know the Federal Government can never borrow too much money.

Will 2020 turn out better than 2019 for the yellow metal? Gold prices don’t move in a vacuum – the macroeconomic situation definitely plays a key fundamental role. In today’s article, we’ll present the macroeconomic outlook for 2020 and you’ll learn whether the...

At first glance gold looks like it may be about to advance out of a bull Flag, but there are a number of factors in play that we will examine, which suggest that any near-term advance won’t get far before it turns and drops again, and that a longer period of...

A final thrust to about 3300 is possible when the trade deal is signed next Wednesday.  I was again too conservative in my price estimate, but probably not wrong in this being the final thrust for this bullish market phase from 2856.  With the cycles discussed above...

Last week's trading saw the gold market forming its high in Monday's session, here doing so with the tag of the 1563.10 figure. From there, weakness was seen into Tuesday, where the low for the week was registered at the 1536.40 figure - before bouncing off the same...

Some basic logic must come to the table in the Gold pricing mechanism. The easiest way to keep the gold price down is NOT TO USE IT IN TRADE, NOR IN BANKING RESERVES, and to relegate it to the sidelines as the barbaric metal.

To date in 2020, Gold has been up as much as 6.1% (to 1613) from last year's close (of 1520), the brief spike coming on "nuthin' but GEOPEEE, baby!", such universally-now-known "sell the news" axiom in turn finding Gold now up only 2.5% year-to-date in settling out...

I’ve been missing-in-action for the past month, during which many interesting things have happened in the market, such as the Dow Jones making eight new all-time highs as it advanced 893 points since December 20th. 

Long-term – on major buy signal. Short-term – on mixed signals. Gold sector cycle is up. Be mentally prepared for a multi-month correction. We are holding long-term positions.

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

The gold miners’ stocks are wavering, frustrating traders.  For the better part of a half-year, this sector has neither broken out nor broken down.  Instead it has mostly ground sideways since the last upleg’s peak.  Gold stocks being mired in a consolidation so...

The Nasdaq bubble popped in 2000 after motoring upward on increasing volume in two separate phases. Volume rammed upward and RSI diverged. Like shootin’ fish in a barrel it was, except that at the time I was too inexperienced to see it. It was a steep slope and blow...