Gold Editorials & Commentary

Like a phoenix from the ashes, the euro has risen recently – and quite sharply so. Does it portend more strength ahead, or what exactly can we expect ahead? The answer features our game plan for the scenario ahead...

With just one, holiday-shortened day to go, it appears that Comex gold and silver will actually finish 2019 with "the best annual gains since 2010". That was a bold forecast when we made it back in January. That it has turned out correct brings more relief than...

The best performing metal this week was platinum, up 3.85 percent, with silver and palladium just trailing. Gold traders and analysts were overwhelmingly bullish on their outlook for the yellow metal in the weekly Bloomberg survey.

Over the moderately quiet 2019 Christmas holiday season, while the US and global stock markets continue to push higher, precious metals and miners have begun to move dramatically higher as fear settles into the markets.  Our researchers believe this upside move in...

We have spilled barrels of electronic ink, making the point that central banks are wreaking havoc. They hurt the poor, the middle class, and the rich. They hurt the wage earners, the business owners, the investors (aka the “rentiers”), and the pensioners.

Breaking news: Silver briefly reached $18.00 and closed at $17.85. The DOW rose again to 28,645. Inflation, Deflation, Stagflation, and Hyperinflation? So What?

After by-passing the 3180 mark, SPX has now reached 3240 which is a better bet for at least a pause in the uptrend from 2856; even if we do not get an intermediate reversal right away. I would like to wish everyone a happy, healthy and prosperous new year

Gold is now a major bullmarket as evidenced by its strong breakout from a giant 6-year long base pattern in August. The larger trend is up. We had thought that it might react back closer to the breakout point before turning higher again, but it didn’t, and started...

What a wonderful week for Gold! In settling yesterday (Friday) at 1516, 'twas Gold's best week by both percentage (+2.2%) and points (+33) since than ending 09 August. And it brought with it a terrific trifecta! Here we go!

Gold sector is on major buy signal. GLD is on short-term buy signal. GDX is on short-term buy signal. XGD.to is on short-term buy signal. GDXJ is on short-term buy signal.

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

The US stock markets soared in 2019, blasting to dozens of new all-time-record highs.  Euphoric traders attributed these massive gains to strong corporate fundamentals and US-China trade-war progress.  But the real driver of stocks’ astounding ascent was the Federal...

Originally published on Sat Dec 21 for members of ElliottWaveTrader.net:   When the metals are in a bear market, metals enthusiasts are frustrated.  And, even when the metals are in a bull market, metals enthusiast become frustrated.  This is what I have been seeing...

Last week, the House voted to impeach Donald Trump. This is the third time in the U.S. history such an event has happened to the sitting President. What does it imply for the gold market?

Precious metals investors may be getting an unexpected Christmas present this year, beginning with the sudden $25 jump in gold on Tuesday and Wednesday. From what I’m hearing, a shortage of physically deliverable gold is developing in London. In fact, Alasdair...

“Many Christmases ago I went to buy a doll for my son. I reached for the last one they had, but so did another man. As I rained blows upon him I realized there had to be another way!” This year markets are going another way.

There is evidence that US Treasury bond yields may continue to rise, exposing the debt trap in which the US government finds itself. Market participants don’t realise it yet, but the dollar-based monetary system is spinning out of control. This will become obvious...

The flood of obituaries that noted the passing of Paul Volcker (1927–2019) last week have almost all lauded his achievement as Fed chair (1979–1987) in reining in the double-digit inflation that ravaged the US economy during the 1970s.

What a classic day Friday was! gold moved a bit lower, miners moved significantly lower, and silver rallied. Truly classic and outstanding performance if one enjoys seeing topping patterns that are playing out according to their usual and likely characteristics. And...

This little monster that feeds beneath the surface of global banking at its core briefly raised one ugly eye out of the water as 2018 turned into 2019. I wrote back then that the interest spike we saw in the kind of overnight interbank lending known as repurchase...

Last week the markets went “risk on” following positive economic data releases. Will the coming holiday week bring some interesting news events? Let’s take a look at the details.

The week behind

Zero Interest Rate Policy (ZIRP) was considered “extraordinary” when central bankers rolled that out roughly ten years ago. At that time, people would still have laughed at the idea of negative interest rates. Lenders didn’t pay borrowers and nobody paid their bank...

Mattress stuffers or bullion holders? Who fares better in a crisis? North American investors are divided between those who believe the decade-long stock market bull is going to keep running into the 2020s, and investors who, wary of something terrible happening, are...

Even though the topic and the main goal of today’s article is to describe what is likely to happen on the gold market, we will start it with a chart featuring something else – it’s sister metal – silver. The reason is that the triangle-vertex-based reversal points...

The combination of P&F projection to 3240 plus the cycles due to make their lows in February offer the best hope for an end to the uptrend from 2856.  While P&F projections are only potential targets, they are often uncannily accurate and should not be...

Last week's action was a choppy affair, with gold forming its low in Wednesday's session - here doing so with the tag of the 1474.30 figure. From there, a bounce back was seen into a Thursday high of 1485.80 - before backing slightly off the same to end the week.

Our five most recent missives have been championing Gold to: 1) not only stay buoyed by the 1454-1434 "support shelf" as we've seen, but moreover 2) rise into year-end, typically as it has done in the prior three per the above Scoreboard.

This week the Dow Jones Index closed on a high note; its fifteenth new all-time high since November 1st.  But since March 2009 the Dow Jones, and most of the stock market has seen many new all-time highs.  As seen in the Dow Jones Bear’s Eye View (BEV) chart below,...

Welcome to this week's bullion update at SD Bullion were we examine Bank Runs in China past, present, and potential future.

Our proprietary cycle indicator is down. Speculation remains high despite the current pullback. Our ratio between gold and gold stocks remains on buy signal.