Gold Editorials & Commentary

In two recent articles, I commented on the seasonality of the gold price and predicted short-term trends (Mercenary Musings: October 19 and October 26, 2015). Today, I examine the 12-year performance of gold during the pre-holiday to post-New Year time frame. The...

Precious metals bulls question why metals prices keep falling in the face of what appears to be strong demand and great fundamental reasons for prices to move higher instead. The bears have some answers of course. You can't eat gold, it's basically a pet rock, and...

During the course of 2015 gold has lost around 9 percent, dropping to a five-year low and losing some of its appeal as the Fed prepares to hike interest rates for the first time since 2006. Last month Goldman Sachs reiterated that a rate hike in December would...

In February, we reported that the Baltic Dry Index had plunged to the lowest level since 1986. We stated that this was a sign of a slowdown in the global economy, since the index measures the cost of shipping freight around the whole globe, which is very sensitive...

The fact that global debt is growing throughout the world is widely acknowledged and well documented. However, when faced with the numbers, the magnitude of the problem is still quite shocking to read. An article last week in Washington’s blog gives us a stark and...

About a month or so ago I started posting regularly on the possible inflection point I was seeing in regards to the deflationary trend that has been on -going since 2011. As you know stocks move from a reversal or consolidation pattern in an impulse move which is...

Three markets, closely related because of the shared influence of the US dollar, last week tested or is testing major long-term support and has held – so far! Should the support continue to hold into a rebound, gold and silver may have made their long term lows, and...

Fed made an announcement Friday they will be holding an "expedited, closed meeting" on Monday. This is very strange indeed. First, aren't all meetings "closed"? And how often do they hold "expedited" meetings. When I first heard this my mind started to turn...

On Friday the 13th, SPX closed at a strong support level which was also the anticipated projection for that move. It’s interesting to note that the price target of 2022, which had been determined strictly by technical analysis, withstood the effect of the...

First of all I would like to say that last week was our best trading profit week ever since we began trading NUGT and DUST on August 19th of this year. Using e-wave, cycles, technical indicators and astrology, we were able to catch the bottom on GDX Wednesday around...

Since the lows of August the gold price and gold shares have started to outperform the S&P500 index despite the exit of capital from gold exchange traded products.

Gold speculator and large futures traders sharply reduced their gold bullish positions last week for a third consecutive week and brought bullish positions to the lowest standing since August, according to the latest Commitment of Traders (COT) data released by the...

Following the Friday 13 November atrocities in the Île-de-France, the Precious Metals secured little "safe-haven" response. But for their wee reactive bounce, 'twas bizarre having both Silver and Gold commence last week with three consecutive down days, made all the...

I had the chance once again to sit down with Marc Faber, publisher of the Gloom, Boom & Doom Report. It was a fascinating conversation, as Marc’s residency and travels in Asia provide him with a unique viewpoint of the world’s economic engine of the last few...

Stocks continue to look and act great with leading stocks leading, as they do. Consequently, they are mostly the ones I’m focused on. Markets have a few hurdles overhead so we are not into clear breakout territory yet but we are getting closer. From my seat, we are...

The UK stock index (commonly known as the FTSE) has been trending down textbook style ever since the all-time high set at 7122 in April 2015. This current rally has all the hallmarks of yet another bear market rally with many starting to become bullish.

Every once in a while, we reiterate the importance of knowing the trend. In fact, calling the trend the number one piece of information is vital. From it, everything else follows, in terms of knowing in which direction to base trade decisions.

Gold sector is on major sell signal. Cycle is down. COT data suggests a relief rally to begin anytime.Silver is on a long-term sell signal and investors should be in cash or short. Short-term is oversold and a bounce is due.

The bear market in the gold miners has been one for the record books but it is not over yet. Last week we noted that precious metals were on the cusp of making new lows while the US$ index was very close to another key breakout. This scenario remains well in play...

The Fed has created a very dangerous situation. Ever since 2009, anytime the markets came close to breaking down, “someone” (read: the FED) has stepped in a propped the markets up.

Technical Analysis via videos.

The beleaguered gold-mining sector continues to be plagued by monumental universal bearishness. Nearly everyone assumes the gold miners are doomed, that they can’t survive for long in a sub-$1200-gold environment. But this belief is totally wrong, a consequence of...

In 1964 Sean Connery starred in the movie “Goldfinger” in which the villain, a wealthy Brit named Goldfinger, attempted to revalue his personal gold hoard higher by a factor of 10. His plan was to detonate an atomic bomb inside Fort Knox making the US gold...

The Consumer Price Index increased 0.2 percent in October. What does it mean for the gold market? The cost of consumer goods finally rose in October, the first time in three months.

Yesterday’s rally was the most promising we’ve seen on the hourly chart in weeks. It surpassed no fewer than four prior peaks without taking a breather; moreover, the pullback has been shallow so far.

In August of 2005 I wrote an article entitled Waiting for Goldot. It seems silly now but the mood of the time was one of frustration for many gold bugs as the S&P 500 was on a robo grind upward and gold was seemingly going nowhere. The theme of the article was...

A couple weeks ago I called for gold prices to form a temporary bottom, make a failed rally and then continue lower into the 6-Month cycle low (December). However, the excellent October jobs numbers (271,000 vs. the expected 177,000) terminated the rally, and...

There’s a very important warning signal flashing in the financial market right now. Despite the importance of this signal, few people know about it…even fewer are talking about it.

The last 15 years have been among the most turbulent on record. Since the year 2000, America has experienced two recessions (including a near depression), two stock market crashes, numerous selling panics, two terrorist attacks, and one of the slowest economic...

Europe is in a very dark place. Under the cloud of on-going terrorist threats there is widespread fear of what the future holds – economically, socially and politically.