Gold Editorials & Commentary

As the stock market sold off, gold mining stocks pulled back from resistance, and Silver fell below the critical $29/oz level. Growing recessionary fears, stock market weakness, and the specter of the 2008 Boogeyman pressured the sector lower.

The so-called ‘wealth effect’ is the Tulipmania of this era on steroids, creating untold sums of money from speculative spume. If materializing vast quantities of spendable cash is the goal, a revved-up wealth effect makes the Fed Open Market Committee look like a...

Developed-world governments continue to spend beyond their means, borrowing and printing money to pay for their exorbitant expenditures. None of it has any consequences, other than inflation, due to fiat currencies. It doesn’t matter how high interest rates go, they...

Elliot Wave Analysis of key markets.

With $2,600 about to be hit in gold, and silver regaining $30, one of the rarest gold bull market signals is about to be triggered for the first time since 2001. That is, a golden cross in the gold to S&P 500 ratio. Last time this happened, gold was just at the...

One of the standout features of this year's gold and silver rally has been how frequently the major banks have had to update their price targets. Which is especially noteworthy, because while the gold and silver markets have been waiting to see when western...

As the Federal Reserve readies rate cuts, precious metals bulls are eying the next leg higher for gold.

Seasoned supporters of Gold well remember the late, great Richard Russell (decd. 2015), who said, (as on occasion herein reprised):  “There’s never a bad time to buy Gold.”  Surely in his ascended state, his spirit veritably senses vindication of such declaration....

Do you know who has been missing from the most recent gold bull run? The Chinese. And yet, we’re still seeing gold push to record highs. What happens when the Chinese jump back into the market with both feet?

Our proprietary cycle indicator is now UP. Current data suggests a top is imminent. Our ratio is on buy signal. Trend is up for gold and gold stocks and down for USD.

Friday, the thirteenth. Will gold have bad luck? Will the U.S. dollar? Of course, the fact that it’s Friday the thirteenth has no impact on neither gold, nor the USD Index, but this day might be important for both markets due to other reasons.

The ECB cut rates by .25% Thursday, trimming growth expectations for 2024 and beyond. Gold futures exploded through resistance near $2,560, confirming a breakout with a medium-term price target near $2,800.

Gold has proven very strong in recent months, powering up to many new records.  All these naturally fueled more-bullish sentiment, leaving traders expecting more gains.  While this gold bull is indeed likely to rally much higher in coming months, the risks of a...

Here are today's videos and charts.

The labor market is clearly weakening. But in reality, this is what needs to happen. Short-term pain is needed to reconcile the great imbalances created by decades of free money. The alternative is intractable inflation that renders the middle class into penury.

Gold prices surged to a new record of $2,560 on Thursday driven by both technical market conditions and key economic developments. The precious metal has experienced a sharp rise, reflecting increasing market speculation about forthcoming interest rate cuts from the...

How you read the August Consumer Price Index (CPI) report is a matter of perspective. There is some good news in there for the optimist. There's some bad news in there for the pessimist. And there's a lot of "uh-oh" for the realist. 

In a recent episode of Where the Dogwood Blooms podcast, host Cassie Clark interviewed Joshua D. Glawson, a writer with expertise in politics, philosophy, economics, and precious metals. 

Gold miner New Gold (NGD) is recovering nicely. Why not? Why not write some fun to write posts on individual positions (miners or otherwise) once in a while, instead of force feeding macro down the nice readers’ throats all the time? Eh, Gaahh?

I'm going to talk about why junior mining is really starting to heat up right now, as we have three big deals in just the last month to go over.

Price growth was moderate in August, the Bureau of Labor Statistics reports. The Consumer Price Index (CPI) rose 0.2 percent last month and 2.5 percent over the past year. On a continuously compounded basis, prices grew at an annualized rate of 2.24 percent in...

The Jackson Hole Wyoming pow-wow for central bankers is behind us, and Powell didn’t disappoint markets. He said the time has come to start lowering rates, citing a softening labor market and inflation. He thinks they can pull off a soft landing. That would be...

The bottom line is we need to pay for everything as we go and stop deficit spending, and there are only two avenues for doing that—raising tax revenues and lowering expenses. The closest we came was during the Clinton years when Bill Clinton wanted to solve the debt...

The winds of change are whipping around me at this moment... as well as for the global market. The perfect metaphor has been placed in my lap. My “Spidey sense” has been tingling for a few days now, warning that storm clouds are approaching in the markets.

It's been a great year for gold and silver prices, especially on the gold side where the price has been setting new record highs throughout the year. Although the gold price has been flat over the past month.

The CPI data is going to be released today, so the markets are tense. Gold moved slightly higher, but the very short-term resistance line based on the previous highs keeps gold’s gains in check.

A junior resource company’s place in the food chain is to acquire projects, make discoveries and hopefully advance them to the point when a larger mining company takes it over. Discoveries won’t be made if juniors don’t have boots on the ground, if they aren’t out...

To gain insight into the state of an economy, most economists rely on a common statistic named the Gross Domestic Product (GDP). The GDP looks at the value of final goods and services produced during a particular period, usually a quarter or a year.

Despite ridiculously high interest rates, Americans can’t seem to put their credit cards away. That’s probably because their savings are gone. They have to make ends meet somehow.

Throughout this year's gold and silver rally we've seen the bank short position increase along with the prices of the metals. Yet as we've seen a couple of times already, this past week showed some short covering even with the gold price still above the $2,500 level...