Gold Editorials & Commentary

The price of gold dropped two bucks, and silver two cents. However, it was a pretty wild ride around the time when some information came out from our monetary masters at their annual boondoggle at Jackson Hole. We will show some charts of Friday's intraday action...

SPDR fund tonnage (GLD-NYSE) has recaptured the 800 ton mark, and rose to 814 yesterday.  This is happening as a steady wave of institutional money managers embrace gold as an important portfolio component. 

Gold’s naysayers and doubters came out in full force earlier this summer as sentiment reached its nadir. The mid-year pullback in prices did, too. There can be no doubt about it now – gold has broken out of its summer doldrums. On Monday, the yellow metal finally...

This morning the price of gold has rallied to its highest point since the Trump’s election. North Korea’s firing of a missile over Northern Japan, which landed in waters off Hokkaido in the Pacific, has sharply escalated tensions in the Korean peninsula and in Asia...

For most of the past eight weeks, the financial media have been attempting to tilt the scales of conversation away from the weak macro backdrop in favor of the new initiative on Afghanistan and/or the Trump White House and/or domestic and international terror.

Below is a short-term daily chart for GLD which shows it breaking out above the top rail of the blue expanding triangle today.

Here in San Antonio, grocery stores were packed with families stocking up on water and canned food in preparation for Hurricane Harvey, which has devastated Houston and coastal Texas towns. I hope everyone who lives in its path took the necessary precautions to stay...

The best performing precious metal for the week was gold, closely followed by silver, up in tandem 0.56 percent and 0.47 percent, respectively, after a see-saw week in price action for the metals.  Prices have been choppy over the last seven trading sessions but...

While everyone continues to focus on stocks, a much larger, far more important situation is brewing in the single most important asset class in the world. That situation involves the US Dollar ($USD).

We have noticed a proliferation of pundits, newsletter hawkers, and even mainstream market analysts focusing on one aspect of the bitcoin market. Big money, institutional money, public markets money, is soon to flood into bitcoin. Or so they say.

The dollar is on course to lose its reserve currency status. This is not something that will happen overnight, it will be a process, but at some point there is likely to be a “sea change” in perception, as the world grasps that this is what is happening, which will...

– Gold set to shine as Washington stumbles. – “Bet on gold’s diversifying properties rather than political stability” – World’s largest asset manager believes Trump and political drama in the US means gold likely to rise.

Expectations are that the rally from 2417 has a little more to go, possibly to 2479, before the secondary (intermediate) trend resumes.

The latest Commitment of Traders (COT) report showed another rise in speculative longs for the sixth straight week and a decline in speculative shorts for the fifth straight week. Gold has been continuing a streak where it has been drawing the speculative bulls in...

There was a moment in yesterday's (Friday's) trading session for gold wherein we said, "Oh no, here we again go, price losing control". Here 'tis below (left arrow) in the sudden spate of nervousness leading into Federal Reserve Chair Yellen's Wyoming remarks,...

The Dow Jones Index made its last all-time high (BEV Zero) on August 7th - and for the past fourteen trading sessions the Dow moving in tiny baby steps, hasn’t gone further than 2.01% from it.  Following this market is like watching paint dry. Moreover, it’s been...

Speculation is at levels of previous short-term tops. Gold sector is on major buy signal since early 2016. Major signals can last for months and years and are more suitable for long-term investors.

The US Dollar (DXY Index) has moved relatively sideways over the past several weeks. The pattern that we have seen up off the August 2nd low has also been quite corrective in nature. This sideways action does fit with our larger degree perspective that the DXY is in...

Here are today's videos and charts.

The junior gold miners’ stocks have spent months grinding sideways near lows, sapping confidence and breeding widespread bearishness.  The entire precious-metals sector has been left for dead, eclipsed by the dazzling Trumphoria stock-market rally.  But traders need...

Last Monday, U.S. Treasury Secretary Mnuchin feigned to inspect the U.S. gold reserves in Fort Knox and joked flippantly that he assumed it was there. A day later the Bundesbank, announced that they had repatriated much of their gold reserves from the U.S. and...

Gold is challenging the $1300 level for the third time this year. If it breaks upwards out of this consolidation phase convincingly, it could be an important event, signalling a dollar that will continue to weaken.

Grant Williams believes that the 76 million retiring Baby Boomers will trigger a major pension crisis. He should know, because he’s been studying financial history and telltale crisis patterns for nearly two decades.

The Fed July FOMC minutes that were released last week were nothing short of extraordinary. However, to fully appreciate just what the Fed admitted, we first need a little background.

According to the most recent report on the US Financial Institutions Derivatives trading activity, the US banks held a record amount of precious metals contracts in the first quarter of 2017.  Not only did the US banks report a record amount of precious metals...

Money Metals readers may remember my November 2014 report in which I discussed how gold flowed into China in "tributary fashion" like small streams flowing into a giant one. In this case, the gold has been streaming into China's increasingly massive thousands-of-...

The tragic U.S. Navy incident of the USS John McCain earlier in the week has raised several questions about the cause. Many are wondering if it was more than human error given this is not an isolated incident.

The Dow Jones Industrial Average has moved down close to 600 points off of the high that was struck on August 8th into August 21st lows. Now in percentage terms, this 600 point move is quite a small only representing a move of just 2.6%. In fact, at today’s close,...

It appeared that an ‘AWFUL LOT’ went crazy last week. ALL except Sir Charles, ‘The Round Mound of Rebound’ whose words last week most agreed upon. My point today is that people and masses always go a little crazy before full moons and even crazier before Total Lunar...

It has been ten years since the global financial crisis began to take hold. At the time few would have known that BNP Paribas’ decision to freeze three hedge funds was the signal for the deepest recession in living memory and a near-collapse of the financial system...