Gold Editorials & Commentary

Undermining the Federal Reserve received a major boost yesterday. Arizona Governor Doug Ducey signed into law a bill that eliminates capital gains taxes on gold and silver, thus allowing Arizona residents to use precious metals as currency instead of Federal Reserve...

Buyers were repelled today by the 1263.80 ‘secondary’ pivot shown, failing badly in their attempt to achieve the 1269.80 rally target that had looked so promising at Monday’s close. The chart will likely have something to say about ‘Matt’s rule,’ whereby a stall...

Money manager Adrian Day reviews news from several companies, mostly positive developments, and notes that some stocks are good buys at current levels. 

Much like other commodities, traders have always devoted a certain level of attention towards copper. There are two key reasons for this observation. First, this red metal is highly indicative of industrial demand and therefore, the health of domestic economies.

Industrial metals silver and zinc are leading a commodities charge, while broad indices take a nose dive. The market cap of the NASDAQ has reached a new all-time high of $8.705 trillion recently, which is equal to 45.8% of U.S. GDP. The long-term median NASDAQ...

Well, before we get into other topics such as the Silver Institute's latest report on the silver market and also the article you wrote for us recently on digital currencies, crypto-currencies, and so forth, I first want to have you set the stage here on where we are...

Europe is back on the map. That was one of the main takeaways last week from the SkyBridge Alternatives (SALT) hedge fund conference in Las Vegas, where $3 trillion in assets was represented. Speaker after speaker touted European equities for their attractive...

The appalling attack in Manchester overnight in which over 22 people have been killed has led to a slight uptick in risk aversion in markets. Investors are cautious after police said they were treating a bombing at a concert in the Manchester Arena as a “terrorist...

Last Friday's CoT for the Comex Metals was rather interesting from a historical perspective. Because of this...and because we know that not everyone listened to Friday's podcast...it seemed appropriate to type up this written summary today.

A reasonable definition of a bull market must be practical. This means that it must take into account the fact that what people really want from an investment is an increase in purchasing power, not just an increase in price. Figuring out whether or not an...

The best performing precious metal for the week was silver, climbing 2.36 percent and just beating out gold’s price performance as softer economic data emerged. Gold traders and analysts are split on their outlook for gold, reports Bloomberg, with 12 bearish, three...

The “smart money” is flashing a signal that the US economy and ultimately the financial system, are in serious trouble. CNBC and other media outlets like to focus on stocks because they tend to be more volatile and therefore more exciting. But BONDS are the “smart...

But the most important development this week may be the one you never heard about on the news or the internet. On May 10, gold launched a decisive turnaround from its most recent decline.

There has been a massive confusion in the global industry from the very beginning of the year 2017 as Mr. Trump new administration has put the investor’s community into a dense cloud where they have no précised clue regarding the next movements of the market.

There is a often-promoted plan to grow your wealth. Here’s the background. The dollar is going to be worthless. Soon! The reason is because [their peeps in high places tell them / the Chinese / end of the petrodollar / historical fiat currencies / Rothschild Jekyll...

Already, a decline of 53 points followed by a .618 retracement suggests that the next move should be lower, with confirmation coming Monday.  Should the index extend its rally instead, it may necessitate a different interpretation of its behavior from the one...

The US economy and markets are now the BIGGEST BUBBLES in history.  In 2000, we experienced the Tech Bubble.  In 2008, we suffered both a Stock Market and Housing Bubble.  However, today…we are in the “EVERYTHING BUBBLE.”

Or as Bill the Bard of Avon might have queried, "Much Ado About Nothing?" Is the StateSide executive branch covertly concealing a felonious act? Or are players in the congressional/media complex destined to go down as the daftest deviants in decades? Either way,...

Wednesday saw a bit of action in the stock market.  The Dow Jones Index closed 1.78% (373 points) below Tuesday’s close.  People following the stock market tend to focus on the points.  Seeing the Dow Jones move down 373 points in a single session seems like a lot...

Stocks took a major hit on heavy volume selling early in the week, which forecasted more selling to come. But it didn’t come. Instead, we ripped back higher. Although we’re not yet out of the weakness woods, heavy volume on the move higher into the end of last week...

It has now been exactly 10 months since we established 2410 as the measured objective for the S&P 500. In forming a potential double top this week at 2405.77 I’d say we are close enough to call the target in (as we did in February when the first top was made on...

“Bon soir mes amis” We have reached the end of another week. And after a week of impulsive action in wave (c) brown, where each consecutive sub-wave has extended the price higher.

Both speculation and open interests are at levels of previous bottoms. Our proprietary cycle indicator is down slightly. Gold sector cycle is down.

The junior gold miners’ stocks suffered a serious thrashing between mid-April and early May.  Relentless heavy selling blasted many back down near deep mid-December lows, leaving sentiment in tatters.  But traders distracted by weak technicals need to keep their...

In the previous editions of the Market Overview, we wrote about the reflation trade. We analyzed the important signals of the uptick in economic activity and inflation all over the world, arguing that the upcoming reflation does not look encouraging for the gold...

In a warehouse a dozen miles to the northwest of Cardiff, the Royal Mint is running its machines through the night to keep up with demand for one of the big beneficiaries of the last year’s political turmoil – gold and silver bullion.

The coming GREAT DEFLATION will impact the value of Gold and the Dollar much differently than what most analysts are forecasting.  Unfortunately, most analysts do not understand the true underlying value of gold or the U.S. Dollar, because they base their forecasts...

There is a pattern forming on gold which wasn’t there yesterday. With yesterday’s big move up and no follow through to the upside today there is a potential H&S top building out. Many times I will use a neckline symmetry line which is taken from the neckline and...

Last year, the Federal Register—the U.S. government’s depository of rules and regulations—hit an all-time high of 81,640 pages. Among the industries that bear the greatest regulatory oversight is financials, which has seen a disproportionate amount of scrutiny in...

The financial markets have already “priced in” huge tax cuts, reducing red tape regulations and a massive increase in infrastructure spending. Perhaps, the markets are now believing that the agenda is not going to occur with Al Green asking for Trump impeachment?  ...