Gold Editorials & Commentary

Gold’s many qualities make it one of the most coveted metals in the world. Not only can it be beautifully shaped and sculpted, the yellow metal also conducts electricity, doesn’t tarnish and is biocompatible (meaning it’s not harmful to our tissue). These qualities...

When I was a lad studying economics in between bouts of playing blues guitar, surfing, and drinking fine Namibian lager, professors taught my classmates and me the origins of paper money. Like the beginners we were, we Economics 101 students trusted and believed...

At the beginning of the current year, precious metals forecasters were predicting that due to what were seen as extremely positive fundamentals, palladium would outperform its precious metals peers. In the event, palladium has actually been the worst performing of...

Sometimes, I like to look around the market to see what the mainstream analysts are saying about the metals world. Sadly, almost all, especially at my old stomping ground at Seeking Alpha, have had a strongly bullish bias, accompanied by low levels of accuracy....

The lower price of gold has finally taken its toll on U.S. gold production. Domestic gold mine supply fell considerably in May compared to the same period last year. This is a significant amount as the United States is the fourth largest gold producer in the world...

The spotlight has been on the oil price over the past three trading days with a spectacular bounce of 27 per cent. Apply the same gain to the gold price and we would be looking at $1,450 an ounce.

In the overnight session gold reached a high of 1144.00, at the time that this Post was being written. This rally above 1140.30 satisfies our minimum requirements for a completed double 3 wave pattern rally from the 1117.00 low.

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...

Gold was marginally higher yesterday and closed at $1135.50 per ounce, up $1.10. Silver was 0.3% higher and closed at $14.64 per ounce. Gold price rose 4% in August as stocks globally saw sharp falls on growing concerns about the Chinese and the global economy....

The fire brigade rolled up last week! They made sure the fire did not take hold, but had to rush off before it was all extinguished; there were so many fires to get to in a hurry they did half a job on some. This is not about hope or wishful thinking, but confidence...

The markets were 'shockingly' interesting last week. But what investing opportunities have been created by the recent 'shock'? The seriousness of last week’s shocking action in the market is shown by the volatility index, which posted its second highest reading...

The photo you see below was snapped recently in Beijing. It might not be that special to some readers, but in my 25 years of visiting the Chinese capital, I’ve never seen a blue sky because it’s always been blotted out by yellow smog. Beijing is clearly undergoing a...

After China’s government announced a small reduction in the Yuan’s foreign exchange (FX) value early last month, US Presidential aspirant Donald Trump immediately leapt onto the nearest available podium and exclaimed:

For six years the world has operated based on faith and hope that Central Banks somehow fixed the issues that caused the 2008 Crisis. All of the arguments supporting this defied common sense. A 5th grader knows that you cannot solve a debt problem by issuing more...

"Something" happened three weeks ago. While we cannot be sure "what" exactly happened, we can speculate. We have many dots and lots of data points to help us but first it needs to be pointed out, even if wrong in conclusion ...just the knowledge alone that "...

The massive Quantitative Easing (QE) abuse by the USFed and steeped lies are centered on its volume, which in reality is an order of magnitude higher than admitted. The recent usage of certain REPO windows has been effective to disguise huge volume of bond purchases...

Last week gold and silver prices fell and gave up some of the gains from the previous week. Gold was 2% lower on Friday and indeed 2% lower for the week and closed at $1134.40 per ounce. Silver was 4.5% lower for the week and closed at $14.59 per ounce but is just 1...

Last week we called for a rising gold to silver ratio. On Wednesday, this ratio hit nearly 80 before backing down a bit by the end of the week. It did not happen with a rising price of gold, rather it was a function of a falling silver price. On Wednesday, the...

Sorry goldbugs, it is not the gold chart. There are a lot of opinions out there on the US Dollar. Many of them are bearish in the short medium and long-term time frames. So lets’ see what the Charts are whispering.

Cyclical pressure which finally broke the resistance of the indices appeared to lift this week as traders and bargain hunters took advantage of a sharply oversold market. Whether or not the relief rally ended with a 50% retracement remains to be seen, but even if...

We are now at an excellent juncture to short the broad stock market (or buy bear ETFs and Puts). As we know, we did just that before the dramatic plunge early last week, and are now “sitting pretty”. Now is the time to add to positions, or if you haven’t any and are...

As most of you know, many mining companies have fallen by over 90%. The HUI Gold Bugs index has fallen 83% since its 2011 peak in the second longest bear market in gold shares on record. It’s fallen twice as much as gold’s bear market loss of 43%.

Last time I wrote, I was expecting an important top in the stock market by August 28th -- and a minimum of 1985 SPX. We closed at 1988 Friday after tagging 1993. Gold stocks began to rally strongly Thursday into Friday as we hit the 8 TD/3 week low Wednesday at new...

If there was ever any doubt that the majority of buying by the hedge fund category in the gold market over the past 3-4 weeks has been of the nature of short covering, this week’s COT should put that theory to rest.

With respect to Thursday's notably large upward revision to the US' Q2 Gross Domestic Product from its initial reading of +2.3% to +3.7%, 'twas the largest such revision (+1.4%) since we began compiling our Economic Barometer 17 years ago in 1998, equaled only by a...

The financial media reported the Dow Jones made market history Monday when the Dow moved 1,089 points on an intraday basis from the previous day’s close. After a brutal day “a new historic record” like that sounds pretty darned impressive.

Stock markets were turbulent the first half of the week seeing major overnight gaps. Consequently, subscribers and I remained in cash waiting until Wednesday when I saw behaviour change. I did a lot of buying Wednesday later in the day and even bought on margin a...

Gold prices have been volatile. Some feel the lows are behind us, but others disagree. With the gold price swinging up and down, this is a good time to stand back and review what the charts are telling us, to get some perspective on the situation... Chart 1 is our...

Gold sector is on major sell signal. Cycle is down. Caution is advised. Silver is on a long-term sell signal and investors should be in cash or short. Short term is on sell signal as the buy signal failed promptly, not unusual during a bear market.

What’s happening with the Shanghai Gold Exchange (SGE) and Chinese gold demand as expressed by the weekly physical gold withdrawals from the Exchange – a strong indicator at the very least of Chinese physical gold consumption taking all forms of demand into account...