Gold Editorials & Commentary

Gold against the 60/40 Portfolio shows how precious metals are performing against stocks and reflects capital flows. Money is moving out of Bonds and into Stocks first and Gold as a close second.

The allure of gold is timeless, and the goal of every investor should of course be… to eagerly get more of it.

The best performing precious metal for the week was silver, but still down 3.56%. According to JPMorgan, Harmony published its first quarter 2025 operating update: 422,000 ounces of production is a beat and AISC is a beat (R1,026,137/kg).

Indian gold demand held up during the Diwali season despite surging prices, as festival buying was boosted by strong investment demand. Diwali is the Hindu festival of lights. It is considered an auspicious time to buy gold, and many Indian couples choose to get...

At one of his campaign rallies Donald Trump asked: “Are you better off now than four years ago?” The thunderous “no!” from his audience implying that life under the former president would become more affordable than under Biden.

Gold and silver futures speculators began selling contracts in anticipation of a Trump victory. Thus far, the selling continues after his win. The markets may have simply been overbought after big moves higher in October. However, the impact of the election cannot...

We keep hearing that the economy is "robust" and gliding to a soft landing, but there are cracks in the foundation if you care to look closely enough.

In a riveting discussion with host Mike Maharrey, economist and writer Jeffrey Tucker dug deep into key economic challenges and societal shifts shaping the U.S. in recent years. As founder and president of the Brownstone Institute, Tucker provides a unique lens into...

Popular Bank of America analyst and Zero Hedge contributor Michael Hartnett has a new report out about his post-election strategy. Which includes his reasons to be long gold in the months ahead.

A healthy gold stock correction is entering its latter stages. What we (NFTRH) viewed as a bullish but frothy sector – the precious metals, which had led the post-March broad rally into late October – has finally taken the haircut it needed. Or to use another turn...

As the market has now struck the upper end of my long-term target set many years ago, it seems many have embraced this bull market, to the extent that they see no reason for it to end.   However, that is usually the time one has to pay attention for the potential...

I'm going to urge people not to lose sight of the big picture.  This is just a normal intermediate cycle correction price, as we got stretched too far to the upside as sentiment got too bullish.

Now that the election in the US has been settled, we're starting to see the various powers around the globe react strategically and financially.

Below we look at the direction of gold in the context of announced Trump policies, the USD debate and comical debt markets. Needless to say, Donald Trump recently won the US election, and as JFK Jr. said of this “impolitic” figure, a “revolution” is coming.

From the comments made in my prior articles, Gold was in mid-term topping range, and with that was at risk to a larger-degree price decline. That decline phase is now in full force with the action in recent weeks, and should have more to run before forming the next...

The Dow Jones all this week, closed daily in scoring position in its BEV chart below, between the BEV 0.0% and -5.0% lines, closing on Friday with a BEV of -1.91%.  Which leads me to believe the Dow Jones, my proxy for the broad stock market, has more upside before...

For you valued regular readers of The Gold Update, price’s demise across these past three weeks ought be no surprise.  Into Halloween week, Gold vis-à-vis its near-term smooth valuation line ran better than +150 points “too high”.  Then into the StateSide election,...

Gold sector cycle is down. Trend is up for USD and down for gold & gold stocks. Looking for a new set up to trade the short side.

As President-elect Donald Trump moves forward with plans to shake up the federal establishment, precious metals markets are experiencing a price shakeout.

Judy Shelton has spent her career advocating for sound money. Her latest book, Good as Gold: How to Unleash the Power of Sound Money, makes an up-to-date case for reinstituting a gold standard. Her intriguing conclusion is that the dollar can be reconnected to gold...

No market moves up or down in a straight line. And the time for the “up” in miners is here.

The major gold miners’ latest quarterly results proved epic!  Thanks to record gold prices, they achieved record revenues, record bottom-line earnings, and record operating cash flows.  Such amazing profits drove down gold-stock valuations to their most-undervalued...

Here are today's videos and charts.

For investors seeking exposure to gold, mining stocks and ETFs like GDX, which holds a diversified basket of approximately 46 gold mining companies weighted by market capitalization, may seem appealing due to their leverage to the price of gold. However, while...

The insane neo-Keynesian policies implemented by the Biden-Harris administration have created persistent inflation and record levels of debt with two objectives: to bloat Gross Domestic Product and jobs with public spending and government jobs.

We now move from the stage where I was, in a lonely manner, predicting for months inflation would rise near the end of summer to the stage where everyone is in on it because it has become obvious, so the rise in today’s report is suddenly no surprise.

There's been a lot of change in the structure of the gold market in the past week since the election.

We saw a small move up in the precious metals sector (and then back down), which is completely in tune with what I wrote yesterday, and as such, it doesn’t change the outlook.

The Wall Street Journal published an in-depth story Tuesday about an armed drug cartel that’s illegally mining gold from a China-owned mine in Colombia.

Gold fell 2.42% today in continuation of last week’s price action. Gold is experiencing a normal pullback after its whopping 50% rise this year. I'm not worried one bit. I'm now watching $2,600 in COMEX futures and the uptrend line as key support levels. Ideally, I’...