Gold Editorials & Commentary

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...

Certain precious metals, Gold, Silver, and Platinum, have shown moderate upside price trending over the past 20+ months while Rhodium and Palladium have skyrocketed higher.  These more precious metals, Rhodium and Palladium, have many industrial and consumer uses. ...

Gold futures gained 0.6% on Wednesday, January 15 as it continued to rebound off Tuesday’s local low of $1,536.40. The price has got closer to the recent highs. Overall, it has been trading within a week-long $1,540-1,560 consolidation following January 8 run-up...

The battle continued in 2019, and rarely has the disparity been this sharp. And what do we mean? Well, on one hand, you have real physical gold. This is gold that you store yourself or at a trusted vaulting company. This is gold that you can actually hold in your...

Precious metals got off to an explosive early start to 2020 as tensions between the U.S. and Iran drove safe-haven buying. Of course, gold and silver markets will need more than a geopolitical flare up to drive a long-term bull market advance.

Apparently, not enough. This seems especially true right now. With all of the "obvious" signs and indicators staring you in the face, it seems like blasphemy to speak cautiously. Better to let your imagination run wild and join in the revelry.

Last Thursday, the New York Fed added more than $80 billion in fresh temporary liquidity to the financial markets. Move over folks, nothing to see here – but what does it mean for gold prices?

Even as we write this post, the US Stock Market continues to push higher as global traders and investors pour capital into the continued US rally.  The strong US Dollar continued to attract capital from around the globe and with fresh earning about to hit from Q4...

Rhodium has surged 30% in January to the highest levels since 2008 and has risen more than 12 fold in less than four years from $575 per ounce to nearly $8,000 per ounce

The U.S. Treasury Department announced Monday that China is no longer on a list of countries deemed to be “currency manipulators.” The timing was awfully convenient, coming just ahead of an expected Phase One trade deal between the two powers.

Gresham’s Law in action: The diminishing availability of physical gold from the market (per several different accounts in London) corresponds to the proliferation of fiat currency printing and paper gold derivatives.

A good place to start is at the seasonal tendencies for gold.  There are seasons when gold drops in price, simply due to a lack of interest on the part of investors, and there are times when there is a seasonal tendency for investors to flock into the gold market...

For the past few years, I’ve been suggesting that the world’s ultra-wealthy investors have been buying enormous quantities of physical gold at a rate that overwhelms the commercial trader shorting on the COMEX.

It was one of those days that all sexagenarians loathe; you have to go to the doctor, and whether it's the GP (general practitioner) or the dentist or the proctologist, nothing reminds you more rapidly of your advancing age than going to the optometrist.

The U.S. created 145,000 jobs in December, following an increase of 256,000 in November (after a downward revision), as the chart below shows. The nonfarm payrolls came below expectations, as the analysts forecasted 165,000 new jobs.

Precious metals aren’t just about gold, as silver can send equally powerful and prescient signals for both: itself, and its bigger brother – gold. The key analogy in the white metal continues to be the one between 2008 and the 2016 – now periods. The yellow metal...

Near the start of every year, I share our ever-popular Periodic Table of Commodity Returns, now updated to reflect the final results of 2019. To view the interactive table and download a copy of your own, click here.

“You may recall we were looking at the Japanese YEN / PM complex combo chart several months ago comparing the YEN to the PM complex. For whatever reasons how the YEN goes the PM complex tends to follow. It’s not a perfect correlation but close enough to pay...