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Bloomberg reports Gold Extends Longest Streak Since 1920 on Central-Bank Stimulus.  Gold rose, capping the longest annual gain since at least 1920, on renewed concern that central banks from Europe to China will take steps to spur economic growth and as U.S. leaders near a budget deal. Gold futur...

Silver mine production is expected to come in at nearly 800m ounces in 2012, an all-time record and the seventh consecutive year of growth (per the U.S. Geological Survey).  At 2012’s average silver price, this total represents a value of nearly $25b.  There’s a lot of money to be made mini...

Silver has been selling off relentlessly since the Federal Reserve expanded its third quantitative-easing campaign last week.  As that decision was highly inflationary, silver’s subsequent weakness has really vexed traders.  But its counter-intuitive selloff had nothing to do with fundamentals.Â...

About a month ago I wrote an article stating that I thought that gold was resuming its long-term up trend, but that belief was conditioned upon price moving above the October top. That did not happen. Instead, after putting in a lower top in November, price has dropped below the November low, establ...

‘For every complex problem there is an answer that is clear, simple and wrong.’ – H. L. Mencken Possibly, the question I am asked the most is, – ‘what do you think about gold?’  While I have written brief bits about the yellow metal, I cannot remember the last time ...

Historically gold has been seen as a safe haven in times of rising inflation. No surprise then that it’s been in a long and impressive bull market since 2002, when a string of significant events began that were expected to create a substantial surge in inflation. The 2001 recession resulted in sig...

Although you wouldn’t know it from listening to all the bearish commentary out there, silver is actually enjoying a strong young upleg.  Its technicals are very bullish, contradicting the prevailing pessimism gripping traders.  This glaring disconnect between price action and sentiment won’t l...

Our intermediate-term technical indicators (not shown) remain on our October 16 sell signal, but gold’s decline is getting close to our initial downside target at its important intermediate-term 30-week m.a., which is currently at $1,671 an ounce. The short-term indicators also remain negative, b...

Precious metal investors have had a rough year with gold stocks down double-digits while gold is set to log another positive year. Gold stocks bottomed this summer as is their custom, but rather than rallying into the end of the year they’ve hit another rough patch and have given back much of thei...

In order to satiate the world’s growing hunger for silver, a lot of pressure has been placed on its supply chain.  And with total annual supply recently exceeding 31k metric tons (1.0b ounces) for the first time ever, the suppliers of this white metal have so far made a valiant effort to meet d...

On the weekly chart below, we can see that, after making a new, all-time high back in August of 2011, gold went into a correction/consolidation mode, ultimately forming a descending triangle. While this formation suggests lower prices (the flat line is the weakest), price broke up through the top of...

Early in gold’s secular bull, contrarian investors looked to real interest rates as one of this metal’s primary drivers.  Eleven years ago when gold still languished under $300, mainstreamers scoffed at the notion that there would ever be sizable gold investment demand.  But then, as now, nega...