Gold Editorials & Commentary

Inflation spigots are open and running 24/7…and an economy that needs to purge the excesses keeps resisting the inflation…Within this, we are in a phase where policy makers appear effective because at the margins the economy is creeping toward improvement. But in...

Pulitzer Prize-winning journalist David Cay Johnston says the incomes of the bottom 90 percent of Americans, after being adjusted for inflation, grew on average by only $59 between 1966 and 2011, over the same period the average income of the top 10 percent of...

In the previous week the Fed surprised markets when it decided to stick with its massive stimulus measures. However, in the following days some officials said that the U.S. central bank could still begin tapering later this year. Since then, markets are no clearer...

This is a series on how and why the gold markets fail to reflect the true balance of demand and supply in gold and silver prices. Many investors expect and believe that the gold price is an accurate reflection of demand and supply, but it isn’t.

Thomas Sowell said “It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions into the hands of people who pay no price for being wrong.”   …today I would say, “or into the hands of people

It’s been a crazy month. So much drama and so much uncertainty … it all left investors somewhat shell shocked.

A national postal and infrastructure bank could protect our money, rebuild the nation, and won't cost taxpayers a dime.

Vladimir Putin is on a roll. Ever since the Russian president-turned-prime-minister-turned-president got into office 13 years ago, he's been deftly maneuvering Russia back into the ranks of global heavyweights. These days, he's averting cruise missiles from Syria...

Since the beginning of the year, the US monetary base (MB) has increased $912 billion or just over 34%. The monetary base is the basest form of money. MB includes currency that is circulating in a country plus commercial bank reserves (required and excess) that are...

The WHOLESALE price of gold and other precious metals touched 4-session highs Thursday morning in London, after US Treasury secretary Jack Lew warned yesterday that the government will run out of money in just 3 weeks' time if Congress doesn't approve new debt.

The USTreasury Bond market breakdown is in progress, all part of the general USDollar global rejection that is taking the world by storm. Of course, residents inside the US Dome do not notice, since they only perceive it as the native currency. From conversations...

CAUTION! Before you continue…If you believe that total government debt can grow FOREVER and more rapidly than the underlying economy, this article is NOT for you. If you believe that governmental deficit spending, QE, and bond monetization can continue FOREVER...

Goldman Sachs created a stir recently when it forecasted that gold would fall to $1,000 an ounce by the end of 2014, as the firm expected the Federal Reserve to reduce its bond buying program. Goldman also suggested that gold miners might want to hedge their output...

My last analysis has was wrong, as Gold was not able to hold above important support around US$1,355. Instead Gold sold off sharply in front of last week´s FED meeting.

WHOLESALE gold held unchanged in London on Wednesday, moving around last week's finish of $1325 per ounce as world stock markets and the US Dollar also reversed yesterday's small moves.

Warren Buffet explained why he does not see the value in gold in his annual report from 2011. It was republished by ivanhoff, and came to my attention last week, which gave me this occasion to respond. Here I go.

The PRICE of wholesale gold retreated to yesterday's low at $1315 per ounce in London trade Tuesday morning, drifting down as world stock markets and commodity prices also slipped.

Is sizable QE tapering really going to happen? Perhaps, but the Fed has based the implementation of tapering on a consistent drop in the employment rate, and a steady increase in the housing market.

Last week, after the Fed said it would stick to its stimulus plan for now, the yellow metal gained more than 4%, leading the rally in commodities, and rose to a new one-week high. At the same time crude oil extended earlier increases and finally gained over 2% on...

In our 18th September Update we said that the Fed's decision not to "taper" was not, in and of itself, meaningfully bullish for gold. The economic effects of $85B/month of asset monetisation are not materially different from the economic effects of $70B/month of...

Everyone knows that gold (COMEX:GCZ13) and silver (COMEX:SIZ13) have value, but few people understand their real value. Some people say that the current price of gold and silver is too high after rising 12 years. Is that true? If we know the real value of gold and...

You can say a lot of things about working in the money management business, but you cannot include the words dull or boring in your commentary. The markets finally got past the overly anticipated September Fed meeting, which allowed the political posturing in...

Life (these days) as a precious metals commentator is a study in exasperation. Fundamentals mean nothing. What passes for “mainstream analysis” ranges from the merely inane to the totally insane. Financial crime in the sector – officially sanctioned – is rampant.

Analysis below was published on September 18th, in the morning prior to gold shooting up $60/ounce after the FED announcement.. Even before this event happened, the take home message was that the HUI and gold remain in sideways consolidation patterns with identified...

Last week’s opening title was ‘Get Ready for a Climax to the ‘Taper’ Hype’ and boy did it ever climax. The FOMC rolled over and the market over reacted. Everybody it seems (bears, bulls, inflationists, deflationists, gold bugs; everybody) was punished at one point...

If you listen to TV commentators, you’ve been told the worst is behind us. Growth is picking up, and Europe is coming out of its slumber. No one seems to be concerned that this tepid below-2-percent growth is being entirely fed by the central bank’s massive money...

BOTH the price of gold and silver recovered early losses Monday morning in London, regaining a 1% and 2% drop respectively as world stock markets slipped with commodities.

Why worry about what the Fed will or won’t do when the Long Term Delta turning points tell you what gold has done, will be doing and when it will do it? We know that ever since the bull market in gold began, in spite of all Central Banks, in spite of any and all...

I haven’t shown the following chart since last winter when it appeared the Dow Jones was working on a Head & Shoulder top; hence the three half circles over the 2000, 2007 and our current 2013 advance. With the Dow Jones now approaching 16000, it’s clear the...

We had an interesting week which really began to get interesting after the Federal Reserve said Wednesday (Sept 18) they would not be tapering their bond buying as many had expected. Gold rocketed just before the news and continued to move sharply higher before...