Gold Editorials & Commentary

“Money does not grow on trees” is an old expression of wisdom that seems to have been disregarded by 21st century American policymakers. People all over the world and throughout time base their decisions primarily through lived experience. The US dollar became the...

Gold has been pushed to record highs in recent weeks. A weakening dollar and lower real bond yields have created tailwinds for the yellow metal. However, according to a team of JPMorgan strategists led by Nikolaos Panigirtzoglou, the gold price has climbed above...

Just a couple of weeks ago, on September 18th, the Fed announced a 50 basis points cut in interest rates. To be clear, the announced cut was generally expected and already discounted in the markets. Most markets had risen substantially over the prior two years in...

If you can keep a cool head while everyone around you is panicking, perhaps you don’t understand the situation. That’s what they say, anyway. It is exactly what we saw last week when stocks barely shrugged even as the shooting war in the Middle East took another...

VON GREYERZ partner, Matthew Piepenburg, joins Nomi Prins with Ted Butler of VRIC Media to separate facts from fiction as to the key themes facing the global financial system, namely: US recession indicators, Fed policy in the face of ongoing inflationary forces,...

Gold, Silver and the miners closed the week mixed after Monday, which was a strong monthly and quarterly close for the sector. We review the near-term outlook for Gold, Silver & the miner ETFs.

The Dow Jones this week made four new all-time highs, aka BEV Zeros, its 38th to 41st since entering scoring position (Red Circle below) last November. 

Welcome to edition “Triple-Seven” of The Gold Update, wherein we find the yellow metal having settled yesterday (Friday) at 2673, a -0.3% loss (-8 points) for the week.

As the U.S. dollar bounces back versus foreign currencies, gold and silver markets are showing resilience. The Dollar Index is moving up sharply in the early goings of October after falling steadily for three months prior.  Currency traders ditched the Japanese yen...

President de Gaulle of France initiated the secret operation “Vide-Gousset” and repatriated 3,313 tonnes of gold reserves from the vaults of the Federal Reserve in New York and the Bank of England in London from 1963 until 1966. De Gaulle feared America’s deficit in...

Our proprietary cycle indicator is now DOWN. Current data suggests a top is imminent. Our ratio is on sell signal.

After doubling in July, central bank gold buying slowed in August with record high prices but remained in positive territory. Globally, central banks added a net 8 tons of gold to their reserves in August.

After surging dramatically in the last couple months, gold’s selloff risk is high.  Massive recent buying not only catapulted gold deep into extremely-overbought territory, it exhausted gold-futures speculators’ likely capital firepower for buying.  Couple that with...

De-dollarization, the BRIC countries are destroying the USD, and many other theories… All or some of them might be true, but it absolutely doesn’t mean that they have to result in any specific market moves NOW or shortly.

With China doing massive money printing and stimulus, our Chinese stock market positions are soaring, and this is great news for gold.

For technical analysts, the end of September means fresh monthly and quarterly charts. Our entire world is focused on the short term at the expense of the long term. As such, monthly and quarterly charts are rare.

The ratios of gold to stocks (SPX) and the miners to stocks (SPY) are still intact to the rally theme. There are of course macro and sector fundamentals and nominal chart technicals to consider. But one aspect of the ongoing rally view that is important as well are...

In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey discusses the current state of the U.S. dollar, the ongoing threat of inflation, and why holding gold and silver remains a vital strategy for preserving wealth.

Federal Reserve technocrats like to use a variety of slogans and buzzwords designed to make the Federal Reserve look like it’s an apolitical, “scientific” institution guided only by a quest for sound management of the economy.

US stocks ripped higher on Monday, with all three indexes closing at new records. Yahoo Finance said the S&P 500 marked its best year-to-date performance at the end of September since 1997 and its best fourth quarter since Q4 of 2021.

The Hungarian National Bank has joined the growing number of central banks globally, increasing their gold reserves. In a recent press release, Hungary's central bank announced it has increased its gold holdings from 94.5 tons to 110 tons this year.

The gold price has settled into a range this week following another torrid rally in September. And with the banks still holding a record short position, the possibility of a selloff remains elevated.

The discovery of gold in the United States profoundly shaped the nation’s economic and social development, especially during the 19th century. 

Physical gold is no longer cheap. When I began publishing for Gold Eagle in late-2015, physical gold was trading near $1,100 per ounce. It had been declining for four years, following the September 2011 peak at $1,920 per ounce. No one wanted it.

During the 2008 Great Financial Crisis (GFC), the monetary system faced a significant challenge. In a gigantic effort to contain the financial crisis, large amounts of U.S. dollars were created by increasing the monetary base.

According to Bank of America, gold has overtaken the euro to become the world’s second-largest central bank reserve asset. With the central bank gold buying spree over the last several years, along with the rapid rise in price in 2024, the yellow metal now makes up...

The videos coming out of western North Carolina, of entire towns wiped off the map by flood waters of Hurricane Helene, are both tragic and shocking. Lesser, but serious, impacts have been felt across the entire region. The residents of much of southern Appalachia,...

Goldman Sachs sent out a new gold report on Monday, and they once again raised their gold target for early 2025. This time to $2,900.

Tanzania is poised to expand its gold reserves. According to a Reuters report, the East African nation's mining regulator has ordered all mining firms and gold exporters to allocate 20 percent of their gold for purchase by the Tanzanian central bank. 

After moving to its Fibonacci-extension-based target, gold price declined – so far, just modestly so.