Gold Editorials & Commentary

It may be almost impossible to underestimate the gullibility of professional Fed watchers. At least Lucy van Pelt needed to place an actual football on the ground to fool poor Charlie Brown. But in today's high stakes game of Federal Reserve mind reading, the Fed...

The Member Update I put out yesterday regarding the US Dollar is imperative if gold and silver are going to drop to new lows as projected. The dollar must hold the 93.00-92.50 level and break above the resistance level at 100, from this 1-year consolidation.

This week's Gong Show in the global financial markets reminds me of the early 1980s before the advent of the Internet or online trading or blogs and especially before 30-something financial "advisors" were allowed to go on the national (and international) airwaves...

Gold and silver prices rose slightly over the course of this week, with the gold price up $15 to $1235, and silver up 20c to $15.38. London having been closed for Easter Monday, trading in the physical market was subdued. Futures' volumes were normal, with the...

Gold prices gained 16% in the first quarter and had their best quarterly performance since 1986. Gold made gains due to continuing ultra-loose monetary policies, diminished U.S. rate-increase expectations, worries about global economic growth, both U.S. and global...

The weapon of choice is money. To be sure central bankers utilize this weapon merciless to rain misery on the unknowing masses by purposely creating boom and bust cycles. Since Fiat was created, bankers have fed off the misery they have wrecked on humanity.

Best-selling author Jim Rickards joins Cory Fleck and Al Korelin on this weekend's radio show. The interview is one out of three segments where Mr. Rickards discusses the role gold should play in every investor's portfolio. Jim talks about wealth as defined today...

We are going to take a look using a number of visual images at what has been happening recently with the Federal Reserve, how this integrates with the federal government and the national debt, and the just extraordinary implications when it comes to retirement and...

There is a widespread and growing feeling that financial markets are slipping towards another crisis of some sort. In this article I argue that we are in the eye of a financial storm…that it will blow again from the direction of the advanced economies -- and that...

In that deservedly-famous 2006 CNBC debate between Peter Schiff and economist Arthur Laffer (in which the latter manages to be both arrogant and wrong about literally everything), Laffer celebrates the fact that "we are outsourcing our monetary policy to China."

While we were watching intently to see if the market was going to take advantage of a further bullish set up this past week, it broke support, making it clear that we have likely topped in wave i off the recent lows. However, I have to note that silver has a very...

The start of baseball season is still several days away, but a recent survey conducted by Bank of America Merrill Lynch found that 59 percent of U.S. fund managers believe the current stretch of economic growth is in its “final innings.” This is the highest reading...

Gold is up over 15% this year so far, while the gold stocks (per XAU index) have risen over 50%. But investors are skeptical about this year's gold rally…and that's a good thing. For the past several years, we have seen strong rallies in gold and gold stocks early...

Some positive developments for gold at the COMEX need to be noted. Since January 29th Open Interest surged 137,249 contracts (Blue Plot) without retarding the advance in the price of gold (Red Plot) as much as it would have in the past.

BlackRock Inc. has joined Pacific Investment Management Co. (PIMCO) in recommending inflation-linked bonds and gold, warning costs are poised to pick up and there is a growing risk of inflation.

Last week began the blackout period for companies buying back their own shares, as we are nearing the end of a quarter, when stock buybacks are put on hold. It also began the bust of the stock market’s recent rally.

Gold continues to track the sideways action of the US dollar against the Japanese yen, ahead of Friday’s important US jobs report. Investors, who focus only on the USDX are focusing mainly on the action of one risk-on currency (the dollar) against another (the euro...

Gold did not accomplish very much in yesterday’s day session, or in the overnight session. On the attached Daily Gold Chart, yesterday’s low appears to have been about 1206. In the overnight session, we reached a high of 1224.70.

Stock markets rebounded solidly from their lows of February 11th, 2016, making new multi-month highs, earlier last week. The SPX rescinded 0.7% by the end of last week. These market gains can be attributed to the very bullish decisions of the European Central Bank (...

The best performing precious metal for the week was platinum, however still down -2.35 percent. Price action was driven by increased auto demand in the European Union, reports Market Realist, which rose 14 percent in February. Platinum and palladium is used in the...

"The rally you never sell"! This is a topic Jim and I have spoken of…and just recently discussed in our latest recorded chat. This is also a topic very fitting to start off with for our "gold subscribers," because of where we are economically and financially on a...

Goldman Sachs has been predicting the demise of gold for the past few years. Back in July of 2015, Jeff Currie (Global Head of Commodities Research at the investment firm) went on record predicting the price of the yellow metal would fall below $1,000 per ounce by...

In 1980 Ronald Reagan spoke about the Misery Index. An economist had added the inflation rate to the unemployment rate, called it the Misery Index…and used it to indicate the social costs and economic difficulty for the middle-class.

Today I would like to show you some more charts on some if the different stock market indices we looked at in the last Weekend Report. Last weekend we looked at a lot of the bull market uptrend channels that are still in place since the 2009 crash low.

“After Friday’s action, SPX looks poised for a minor pull-back. That may be all we get unless we can retrace below 2020, in which case a more important top may be in place.”

Germany started WWII on a high note, bypassing the defences of the Maginot line and sweeping across France in their stunning Blitzkrieg offensive. They seemed to be invincible, but only four years later after disastrous campaigns in Africa and in Russia, they were...

Despite gold's recent selloff, I feel increasingly comfortable with our short-term (one-year) and our long-term (five-to-seven year) forecast of the future price of gold. Indeed, by this time next year, gold's price could be challenging or even surpassing the yellow...

Since 2011, the United States exported the majority of its gold to only four countries. In the past five years, the U.S. exported a total of 1,961 metric tons (mt) of gold to these four countries, which accounted for 68% of the total 2,876 mt.

A bit of a rest week for markets as they are near resistance levels, but not falling…which so far says we are setting up for a breakout higher. However, that can change. Friday saw the S&P500 weak early in the day…but the market ended up closing on the highs of...

Boring is how I’d describe the stock market last week. The last day of extreme market volatility (Dow Jones 2% day) occurred on March 1st and we haven’t seen a day of extreme market breadth (NYSE 70% A-D Day) since January 29th. However a pause of a few months is...