Gold Editorials & Commentary

Among the seven convincing charts broadcasting a fourth-coming BEAR MARKET IN STOCKS, the most compelling are the first two here dealing with

Palladium has been in the news recently so I thought I’d have a look at the chart and there were some interesting observations to be made. So let’s have a look starting with the yearly chart.

Today's financial markets make a mockery out of sanity and logic. The difference between what SHOULD happen and what IS happening is perhaps the greatest it has been in our investing lifetimes.

Long term – on major sell signal since Mar 2012. Short term – on mixed signals. Gold sector cycle – down as of 3/21, ending the up cycle since 12/27. A tradable bottom is in progress.

The signs are good. With record short positions in gold and silver, hedge funds and algorithmic traders should be worried at the lack of price confirmation: gold is holding well above its bear-market lows and silver is refusing to weaken into new low ground.

Markets were extremely overbought last weekend and began to roll over this week right on schedule. We are well off those overbought readings now and are setting up for another round of strength as stocks work to complete bases.

The title says it all really. Let’s first look at the yearly chart of the US Dollar Index to see what it means.

Throughout history, dozens of nations have briefly held the mantle of global superpower. Until the 20th century when international travel, trade, warfare and information dissemination was less efficient; such power was typically exerted regionally and far more...

The slow and steady rise of socialism in the modern era has officially peaked with the recent release Thomas Piketty's new best-seller, “Capital in the Twenty-First Century”. The book arrives as a time traveler from the distant past, cloaked behind the attempt to...

Chart Analysis US T-Bonds, Gold Cup, Silver, GDX Gaps & GDXJ Power Charts Analysis via videos.

The US stock markets’ Fed-driven melt-up has accelerated again in recent weeks, with a string of new nominal record highs. This has reignited truly extraordinary levels of greed, euphoria, and complacency. But for traders who have witnessed past bull toppings,...

There is uneasiness across a number of markets with moment-to-moment volatility grinding almost to a halt. It contributes to a feeling that this is the calm before a storm. It is not unusual for there to be a summer lull, or for one market to suffer disinterest...

My articles @ WhyNotGOLD.com are admittedly not read by millions of readers monthly, but I do record some 20,000 page reads according to my analytics. Daily I am contacted to discuss purchasing precious metals. Next, the discussion always diverges to articles and...

Yes you read that correctly. The miners have begun another leg higher because the evidence strongly supports the view that they have formed a higher low. Only time will tell for sure but the evidence is quite strong. It seems that every analyst was calling for a...

Thus far 2014 has been a fertile year for really stupid economic ideas. But of all the half-baked doozies that have come down the pike (the perils of "lowflation," Thomas Piketty's claims about capitalism creating poverty, and President Obama's "pay as you earn"...

The short answer: yes. The complete answer, however, is a bit more complicated and depends on exactly what one considers to be a super spike.

In the previous week’s Chart of the Week, (Is there a Bear Case for Gold? – June 5, 2014) I mused as to whether there was the potential for another drop for gold in the works. The thought that gold could once again put in another scary plunge was based on the...

The gold (GLD) and silver (SLV) price may be reversing over the next couple of weeks. The junior miner gold ETF (GDXJ) is reversing above the 50 day moving average and breaking above its recent three month downtrend.

We have been talking about how there had been no bubble in US stocks and how the economy is doing just fine. We have also been talking about how the bubble is in policy and that the economy and stock bull market have been created – yes, like Frankenstein’s monster...

I'm gonna vary it up here and go with some bottom up analysis beginning with the daily chart.

While the West has been mesmerized by the chaos in Ukraine, surely to become an implosion site, while attention has been directed on the Negative Interest Rate Policy coming into view, surely to become the norm for banker skimming on yields, while focus has been on...

Wall Street and mainstream economists are abuzz that we’re seeing a recovery in the US due to the latest jobs data. These folks are not only missing the big picture, but they’re not even reading the fine print (more on this in a moment).

Briefly: In our opinion no speculative positions in gold, silver and mining stocks are justified from the risk/reward perspective. The precious metals market moved higher yesterday, which was in tune with what we've been expecting. The key question is if gold,...

After nearly six years of unprecedented intervention by the world’s top central banks, the world’s financial markets are hopelessly broken. What used to be accepted as market gospel and guided investors’ decisions in the marketplace, before the 2008 financial crisis...

I ran across a business show last week that advertised that its guests would give out stock picks. That piqued my curiosity, so I watched to see what they would recommend. For disclosure purposes, a chart was shown that listed if the speaker, his family, his fund,...

According to a study by the Boston Consulting Group, privately held wealth increased to $152 trillion globally in 2013. Compare this to estimates putting the US federal government's total debts and liabilities alone at anywhere from $78 trillion to $200 trillion and...

Technically, all sectors of the gold market look bullish. Regardless of whether a daily chart, weekly chart, or a monthly chart is used, all technical lights are green.

After some considerable selling of gold from the SPDR gold Exchange Traded Fund in the preceding months, early in 2013, Goldman Sachs came out with a warning that the gold price was going to fall and fall heavily. It did after Goldman Sachs and JP Morgan Chase...

Just last week Jeff discussed the fallacy of GDP, comparing our lot to that of Jim Carey’s as Truman Burbank, the unaware mark in the Truman Show. In that blog, Jeff discussed one of the main problems with relying on GDP (Gross Domestic Product) as a measure of...

Predicting the future, like getting old, ain’t for sissies. Questioning the bull market is even more treacherous. Howard Gold, writing for MarketWatch, makes fun of seers who made what he calls “the four worst predictions to gain traction over the past few years.”...