Gold Editorials & Commentary

Following more than two months of stagnation after the U.S. presidential election, gold is now breaking out decisively, signaling its readiness to resume its rally toward $3,000 and beyond.

Gold’s strong performance over the last two years must be seen as an acceleration in the deleveraging of the global financial system. After many decades of inordinate credit creation—leading to excessive debt levels, asset bubbles, and too much monetary...

“So near and yet so far.”  So says Nick-Nack to Francisco Scaramanga, –[“The Man with the Golden Gun”, Eon/UA, ’74].  So quintessentially perfect, too, does it describe Gold’s rally this past week wherein price on Thursday came within just five points (at 2758) of...

Gold outshined virtually every other Indian asset in 2024. Despite a moderating price in November and December, gold still emerged as India’s top-performing asset class, posting a 21 percent annual gain. This compares to a 26 percent return in dollars.

Silver, and especially gold, are having a relatively strong week -- boosted by a government report on Wednesday that suggested consumer price inflation is moderating.

Over the last four months, the Federal Reserve has cut interest rates by a full percentage point. It started with a supersize 50 basis point cut in September, followed by quarter-point cuts in November and December. But despite slashing rates, Treasury bond yields...

Gold sector cycle is down but bottoming. Trend is up for gold & gold stocks. Waiting for a new set up to buy.

In a recent interview with Arcadia Economics, Chris Marcus explored the state of the gold and silver markets with Stefan Gleason, President and CEO of Money Metals Exchange, and JP Cortez, Executive Director of Money Metals’ Sound Money Defense League. 

Gold has been grinding sideways for the better part of several months now, weighing on sentiment.  Late October’s mounting bullishness is long-gone, deteriorating to apathy.  But gold’s recent high consolidation is actually a remarkable show of strength, defying a...

Here are today's videos and charts.

With U.S. markets closed on Monday, January 20th, for Martin Luther King Jr. Day and Trump's inauguration, traders are positioning themselves ahead of the long weekend. Gold is experiencing a rally as investors hedge against potential market fluctuations.

Gold’s big breakout was last year. It exploded through resistance at $2,100/oz, out of its super-bullish cup and handle pattern, and touched $2,800/oz.

Since the last US interest rate decision on December 18th, 2024, gold has experienced a remarkable recovery as anticipated. From its low point of USD 2,585, it climbed to a recent high of USD 2,697 within three weeks, representing an increase of approximately 4%.

The U.S. dollar and Treasury yields have recently surged at a rapid pace, a scenario that typically sends gold prices tumbling. Yet, gold's resilience signals an impressive underlying strength.

Have you ever gone to a movie everybody raved about and thought, ‘Meh. I don’t get all the hype?’ That’s how I felt reading the December Consumer Price Index (CPI) report. I mean, it wasn’t awful. But it wasn’t good either.

The precious metals are rallying again today, with gold in particular have a big session and currently up $36. Yet what remains stunning is how the rally over the past year has occurred with western investors largely ignoring the action.

The monetary metals pulled back sharply yesterday but have entered Tuesday on stable footing. Silver is trading at $29.90 –and gold is $2,674. The ongoing volatility is a reflection of uncertainty in the gold and silver markets globally, including fears of import...

What explains the curious lack of economic progress in the EU over the past 16 years? In 2008, the economies of the European Union and the United States were roughly equal in size in terms of GDP. Fast forward through a global financial crisis and pandemic and the...

Bond yields and the dollar are rising and perhaps its beginning to hit the stock market. Gold is holding up well but precious metals are in correction or consolidation mode.

Over the past month we’ve written about how there’s been stress in the gold and silver markets ahead of Trump implementing tariffs, evidenced by two surges in the spread between the spot market in London and the futures market in New York.

It looks like Great Britain sold its gold too soon. And are some lessons to be learned from this British experiment with reserve diversification. Between 1999 and 2001, the British government sold about 395 tonnes of gold in a bid to diversify the UK’s reserves.

Today’s top economic article is about the battle between stocks and bonds and even between US bonds and the global economy, which is all going to intensify this year. While I wrote extensively about that in this past weekend’s Deeper Dive, it’s helpful to see that ...

China announced an increase in its official gold reserves in November. It was the first reported increase after a 6-month pause, and it appears it wasn't a one-off event. And by the way, the Chinese have a lot more gold than they admit.

For decades, I’ve been urging the CME to convert the 100ounce futures contract to a no-margin physical market contract. I’ve also been urging them to launch a one-ounce gold futures contract.

I recently read an article which was warning about a repeat of a 1929 Depression. While I believe the author correctly believes that we are approaching the end of a long-term bullish market cycle, his theory is that we will continue to see inflation due to further...

According to many commentators, a growing economy requires a growing money stock, because economic growth gives rise to a greater demand for money. Failing to add more money, it is maintained, will lead to a decline in the prices of goods and services, which, in...

In this opening Gold Matters discussion for 2025, VON GREYERZ principals, Egon von Greyerz and Matthew Piepenburg, address their major risk concerns for the year ahead, namely: market risk, political risk, currency/inflation risk and banking risk.

Investors keep looking to the Fed for supposed “forward guidance”. They are looking in the wrong place. Since mid-December, bond prices have declined another 5% and are currently at new 52-week lows. Here is an updated chart of U.S. Treasury Bond ETF (TLT)…

Many Americans are rooting for Donald Trump and his appointees to succeed in their herculean task of slowing or reversing government growth.

It was easy to watch the gold and silver markets in 2024 as they rallied throughout most of the year. But there are risks to an extension of that rally in 2025, including what happens in the stock, yield, and Bitcoin markets.