Gold Editorials & Commentary

Our proprietary cycle indicator is down. Gold sector is on major buy signal. Meanwhile, gold has traced out a three wave which is also corrective.

It has been about 2 months since the gold stock sector, as represented by the HUI index, topped out. The ensuing correction has been a whipsaw affair of ups and downs, but smoothing that volatility out we find an ongoing correction in time and price that has not...

The gold miners are likely to report blowout profits in this spinning-up Q3’19 earnings season.  Higher production, stable costs, and much-higher gold prices should combine for some super-impressive results.  That’s going to leave the still-undervalued gold miners...

When speaking of gold and silver, analysts and investors are always happy to share their viewpoints on the fundamentals for the two metals. Lately, the list of fundamentals seems to be growing.

“BREXIT, is in the last innings, UK will get out” – This is how Egon von Greyerz starts the interview with Eric King of King World News. Egon goes on to say that in the long run the EU will dissolve, country after country, until it finally collapses under its own...

The International Monetary Fund (IMF) has again warned that the world’s financial system is more stretched, unstable and dangerous than it was on the eve of the Lehman crisis.

3 percent – that’s the new IMF global growth forecast for 2019. It’s the lowest one since the Great Financial Crisis. Is the much talked about recession coming? And what about the just reached Brexit deal? Can they both make gold rally?

Evidence mounts that the global credit cycle has turned towards its perennial crisis stage. This time, the gathering forces appear to be on a scale greater than any in living memory and therefore the inflation of all major currencies to deal with it will be on an...

Gold has fallen in pounds, euros and dollars after breaking news suggesting a Brexit deal has been reached.

Originally published on Sat Oct 12 for our ElliottWaveTrader members:  While we have been tracking the metals market for the next rally set-up, we have seen some signs that the market may attempt to begin that rally sooner rather than later.  However, I have to be...

Today I want to talk to you about the SP500 because it's on the verge of making a very significant move. We could experience a 15% rally or a 15% decline and it could be just around the corner.

Gold price moves based on multiple drivers, and while some may say that it’s key price drivers are the USD Index and the real interest rates, that’s only partially true as it relates to the long term only. Ultimately, investors may choose to focus on many other...

It is absolutely amazing how the precious metals markets have followed our October 2018 predictions almost like clockwork.  Our call for an April 21~24 momentum base below $1300 followed by an extensive rally to levels above $1550 has been playing out almost like we...

Marc Carney warns of an “abrupt” financial collapse due to climate emergency and warns that companies that ignore climate crisis will go bankrupt

The rich are getting richer and the poor are getting poorer, and for that we can largely blame policies of envy that increasingly restrict investors’ access to wealth-building instruments.

“Travel,” Mahatma Gandhi once said, “is the language of peace.” If that’s the case—and I happen to believe that it is—then I’m extremely bullish about the future, especially with respect to U.S.-China relations.  The trade war’s days may be numbered as both sides of...

Yesterday, the Nobel prizes in economics were awarded. Unfortunately, gold has been omitted and got nothing. How unfair! But looking at the Dutch central bank press release, gold would have much higher chances if they were the ones granting the prizes and not the...

For silver, all roads probably lead to the $22-$25 area.  For gold, all roads likely lead to $1600-$1800.  There could be significant bumps in these roads, probably involving time more than price.

At present, there could be a number of positive developments for precious metals. Last Friday, the US Dollar cracked lower and could be at risk of lower levels into year end.

“De Nederlandsche Bank (DNB) holds more than 600 tonnes of gold. A bar of gold always retains its value, crisis or no crisis. This creates a sense of security. A central bank’s gold stock is therefore regarded as a symbol of solidity Shares, bonds and other...

Precious metals moved strongly on Friday, and did so on significant volume. The reversals we have seen on Thursday got resolved with a heavy thud. Let’s dive into the many charts and perspectives and explore how well they support the upcoming move across the sector...

The markets basically ignored the Fed talk last week, as U.S. - China trade war developments stole investors’ attention away from the scheduled news releases. But it was worth paying attention to our last week’s News Calendar that highlighted U.K.’s economic data...

The second week of October showcased a vigilant effort from both bulls and bears in realizing their short-term targets/goals. However, in the end, the bulls won the key battles again with the massive bull engulf daily candlestick (2881.75-2954 on the Emini S&P...

This week, we will delve into something really abstract. Not like monetary economics, which is so simple even a caveman can do it.

Why is nobody talking about the real risk of contagion to investors, savers & companies?

Gold is inside a long-term Bull market, as the supply of fiat currencies rise per ounce of Gold. Simple math. The Elliott Wave mapping is in tune with this fundamental fact. Gold is rising inside a rising trend, the third wave of a five subwave Bull market, Minor...

Ever since it made its all-time high of 3028 on 7/21, SPX has been trading in a 200-point range which could either be a consolidation pattern, or the building of an intermediate top formation. The same can be said of IWM, although the latter made its high almost a...

High-country greetings once again from beautiful Squaw Valley. This week's missive is brief and -- given Gold is still slanted toward the Shorts -- not necessarily sweet. Our brevity is due to: a) an urgency to travel back across a still substantially powerless...

The Dow Jones continues running wild and free in its BEV chart below; eight months of going nowhere fast bounded between its BEV 0.00% and -7.50% lines. For all the effort it took to keep it between a new all-time high and only 7.5% away from one since last February...

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