Gold Editorials & Commentary

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.

In a recent episode of the Money Metals Podcast, host Mike Maharrey interviewed Brien Lundin, a renowned expert in precious metals markets, publisher of Gold Newsletter, and organizer of the prestigious New Orleans Investment Conference. 

After a multi-year effort backed by Money Metals, the Sound Money Defense League, and other in-state allies, the Kentucky legislature approved a bill that included ending the sales tax on purchases of precious metals in 2024. 

The World Gold Council (WGC) reports that global physically backed gold ETFs saw net inflows in December, reversing previous trends with an addition of $778 million. Asia and Europe led the inflows, while North America experienced modest outflows. Notably, 2024...

Gold closed the week at a new all-time high against foreign currencies. Gold and Silver had a strong week while the miners showed less strength. We see a bit more strength before metals and miners retreat from resistance again.

Although the major indices were down just 1.6% on Friday, it felt like a big day. Everything that matters to the U.S. economy was moving the wrong way: stocks were falling across the board; interest rates and energy prices were climbing; dollars were growing dearer...

Whenever Gold is technically in a “Short trend” — yet price doesn’t substantively “go Down” — we say ’tis a “beautiful thAng”.  Indeed, Gold’s ongoing Short trend just recorded its ninth consecutive week per the rightmost red parabolic dots as seen here:

Gold and silver have traded quietly but with a positive bias this week, and it looks like we'll be closing out the week on a positive note.

Lawmakers in Wyoming have introduced legislation today to create the “Wyoming Gold Reserve.” Introduced by sound money champion Senator Bob Ide (R-Casper), Senate File 96 amends and further implements the Wyoming Legal Tender Act, a popular 2018 law that had removed...