Both Gold and Silver close October 2026 below long held thresholds.

Both Gold and Silver plunged in October 2026, making this the worst month since 2008.

Review of gold price volatility: 1973 till 2017

It’s often heard that gold takes the staircase up, but the elevator down. A gold rally would then consist in a gradual process of relatively small but consistent daily upward moves. The gold cartel (bullion banks and investment banks, backed by the FED) would not allow gold to rally over 2% daily.

Linear Regression between the Gold Price and the HUI miners index

As gold has broken above its $1300 resistance, enthusiasm for the miners is still at the back-burner. We are miles away from the collective euphoria witnessed only little over a year ago.

Graphs were updated on Oct 10, 2017.

The bear market logic for gold miners: Continuation and Analysis

The summer slump for precious metals has turned into a nightmare, with gold breaking below $1100, platinum into the triple digits and silver well below $15. While the July slide is pretty bad, what makes it worse is precious metals setting fresh multi-year lows.

Review of gold price volatility

You find the newest article on this subject at: Review of Gold Price Volatility: 1973-2017

It’s often heard that gold takes the staircase up, but the elevator down. A gold rally would then consist in a gradual process of relatively small but consistent daily upward moves. The gold cartel (bullion banks and investment banks, backed by the FED) would not allow gold to rally over 2% daily.

Once ignited, swoons in precious metals are thought to aggravate by forced liquidation of future long positions and the redemption of leveraged products and bullion ETF’s...

All of this is a mixture of facts and myths, causes and consequences, hidden motives and secrecy, misinformation, manipulation and opportunism. While I can do very little about most of those, I will try to clarify some of the facts in order to eliminate a few of the myths.