Gold Editorials & Commentary

The planets are coming together for the perfect storm on September 17th. First we have Mercury Retrograde, which often occurs at a top for the precious metals sector (and even the stock market). Then we have Jupiter opposing Neptune, while Saturn enters into the...

Markets continue to chop around…and setup for a move lower. With the Fed meeting in the week ahead, we should see some fireworks late Wednesday and into the end of the week. It would be ideal if they raised rates…and we saw a spike lower to put in a low before we...

Reflection: Tightness in the gold and silver coin and bullion markets. "My baseline is they [the Chinese] have been buying and the Indians have been buying in enormous quantities. It's virtually impossible to get physical gold in London to ship to those countries....

Traders and investors around the world are placing bets on whether or not the US Federal Reserve, America's central bank, will soon raise short-term interest rates given the continuing ambiguity in US and global economic indicators and continuing volatility in world...

Gold sector is on major sell signal. Cycle is now up. Should see a corrective bounce in coming weeks. Silver is on a long-term sell signal and investors should be in cash or short. Short term is on sell signal.

Analysts and commentators remain hung up on whether or not the Fed will raise rates next week.Certain Fed officials have been stating that the Fed should commence tightening. However, with China’s bubble collapsing, dragging down the Emerging Markets, there are...

Corporations are using share buyback programs to manipulate earnings, by reducing the float of outstanding shares. This ploy was not as ubiquitous before, but today it is being used rather indiscriminately by companies as a way to boost EPS. This modern form of...

In a previous post Steve Saville talks about the “true” fundamentals of gold, i.e. the ones that actually matter as opposed to the ones that make a good story. In this post, let’s review something that is related but different; gold mining fundamentals.

DOW & Trans Double Tops, Gold/Silver/Copper, Bonds, GDX & GDXJ And Key PM Stock analysis via videos.

We have considered that the course of US credit spreads has been the conduit whereby problems in the market city on the Yangtze would wash up on the shores of the Hudson and Thames Rivers. In 1998, the path we were using led to the LTCM disaster, which was...

The S&P500 Index had its worst August since 2001, while the Dow’s 6.6 percent drop was its biggest since declining 15 percent in August 1998. Most investors consider the September-October period to be the witching months for equities, but the past month was a...

The events unfolding around the world, or perhaps better expressed, events unraveling at such a rapid and confusing pace can only be a prelude for the disastrous consequences that inevitably will follow. While it may be hard to reconcile, all of this has been...

BIG PICTURE – Last month, the multi-month trading range on Wall Street ended with an abrupt break to the downside -- and once key support levels were violated, we witnessed an epic swoon! Thereafter, due to direct stock buying by the Chinese policymakers, the stock...

In our opinion, short (full) speculative positions in gold, silver and mining stocks are justified from the risk/reward point of view. Gold, silver and mining stocks declined once again yesterday, but this was not surprising to those who followed our analysis. We...

Another week and gold has been falling again, but investors don’t know which way to turn given the yo-yo performance of the major stock indices – particularly in the U.S. and Asia. Gold has been damaged by yet another set of indicators which have suggested to some...

In August 2014 I published Stock Bears Are Preparing To Run Amok…Worldwide (click title to read). Since the early Bear Market Forecast (Part 1), indeed all these markets have subsequently peaked and are in a protracted downtrend. And whereas there were a limited...

Buy low, sell high! As of early September 2015, the better choices are buying gold and selling the S&P500 Index and relevant stocks. Why? Examine the graph of the ratio of Gold to S&P500 Index for the past 25 years. The ratio is low now and likely will...

The Federal Reserve has a dual mandate (employment and inflation). With the unemployment rate hovering near the Fed's stated level of full employment, it is getting harder and harder to justify keeping rates at "the world is about to end" levels. It became a bit...

In the last 2 NFTRH editions, we noted extremely over bearish market sentiment conditions in Rydex bull/bear fund allocations and in Small Speculators’ net short positions. These sentiment indicators have been reset to traditional correction-ending, even bear market...

There is one class of money that is constantly being created and destroyed, and that is bank credit. Bank credit is created when a bank lends money to a customer; it becomes money because the customer draws down this credit to deposit in other bank accounts and to...

US Monetary policy has played its part and had an impact on many aspects of the financial markets including the precious metals sector. We have been through a period of Quantitative Easing whereby trillions of dollars were printed in an attempt to boost the economy...

China’s Shanghai Gold Exchange said it will allow physical gold to be used as collateral on futures contracts from September 29, according to a statement posted on its website this morning as reported by Reuters. Physical gold will be permitted to be used for up to...

Years ago, I was a passenger on the most beautiful and elegant gold ship you have ever seen. It was equipped with every luxury known to man, and was the most stylish ship afloat. I was honored to be a passenger on this ship.

We have a very important inflection point coming next week with the Fed meeting. I believe the inflection point has already been reached a few weeks back but next week may be the final straw. Will the Fed raise rates to "save face" and try to stem the loss of...

They say that the definition of insanity is doing the same thing over and over, yet expecting a different result each time. By that definition, most of the analysts and market participants in the metals world are insane.

UK households are sitting on a £173 billion debt time bomb after once again being lured into a spending splurge by banks and credit card companies. The startling rise in debt levels due to people splashing out on new cars, TVs, conservatories, luxury items, consumer...

Or is it perhaps that most markets, almost certainly facing major reversals in trend are trying to remain as steady as possible in the highly uncertain situation. This has meant the fire and flames analogy of recent weeks has broken down, except if one went camping...

A few legendary influencers in investing are making huge bets right now on commodities, an area that’s faced—and continues to face—some pretty strong headwinds. What are we to make of this?

The 2008 crash was a warm up. Many investors think that we could never have a financial crash again. The 2008 melt-down was a one in 100 years episode, they think. They are wrong. The 2008 Crisis was a stock and investment bank crisis. But it was not THE Crisis.

Supposedly crude oil prices will stay low for a long time and perhaps drop into the $20’s. The Internet is filled with reasons explaining why crude oil prices will drop. A few are: Saudi Arabia is a swing producer and will provide what the world needs, regardless of...