Gold Editorials & Commentary

What a (-n absolutely unsurprising) big slide in gold. I’ve been writing about the link to the 2011 double-top for some time now, and I’ve been emphasizing the back-and-forth nature of the correction.

Gold crashed through several support levels on Friday. The yellow metal plunged from $2,376 Thursday to under $2,300 by Friday afternoon.

If I hear that gold is a hedge against inflation or a hedge against market weakness again, I think my head is going to explode.  Oooops.  Too late.  I just saw an article claiming that “[b]earish signs in the stock market indicate it's a good time to hedge...

Those who think the wizards at the Fed have engineered a soft landing for the grotesquely pumped U.S. economy are in for a rude awakening. Strip out the “wealth effect” from mega-cap stocks driven mostly by hot air and short covering, and the economy is already in...

We're going to have a major buying opportunity, but we are at the top of an intermediate cycle, starting the declining phase of that intermediate cycle.

The fiat money system will not disappear just like that. Any expectations or hopes to that end should be tempered. Yes, the fiat money system could collapse; yet there is a significant likelihood it will persist longer than most people might think. This prolonged...

Precious Metals were slammed on Friday. Gold lost over 3% while Silver lost nearly 7% and the miners were down ~7%.

Data released on Friday shows that the People's Bank of China did not add to its gold reserves in May, following a streak of 18 consecutive months of increases.

From comments made in my articles in past months, Gold had formed a key bottom back in mid-February - and with that was projected higher into mid-April of this year, or later. From there, a correction was favored to play out into the late-May to early-June window,...

Later on in today’s program, we have an important update on Money Metals’ efforts to enact pro-sound money laws across America. Six bills have become law this year, making 2024 the most successful year for our sound money efforts so far. So, stick around for an...

With the Dow Jones closing the week with a BEV value of -3.01%, the advance in the Dow Jones remains intact.  Note below how the Dow Jones declined below its BEV -5% line, by just a bit, five times in April before it went on to two new BEV Zeros in mid-May.  On May...

We start with inflation.  Year-to-date we’ve diligently documented that ’tis nowhere near the Federal Reserve’s sought 2% target.  And not that you need be reminded, but with May inflation readings commencing next week, let’s briefly reprise April’s inflation...

Gold sector cycle is now down. Trend is up for gold and gold stocks..

Gold-backed exchange-traded funds (ETFs) reported net inflows of gold for the first time in 12 months in May. Funds based in Europe and Asia led the way as total gold holdings by ETFs globally rose by 8.2 tons.

A little bit is the first step toward a lot.  Now, imagine billions of people in Asia buying just a little bit of gold. That seems to be the trend.

Metals and miners are dropping into June intermediate lows, and our work supports a bottom next week. Once gold bases, we expect a powerful rally that could push prices toward $2800 by mid-August.

Gold, silver, and their miners’ stocks suffer their weakest seasonals of the year in early summers.  With traders’ attention normally diverted to vacations and summer fun, interest in and demand for precious metals usually wane.  Without outsized investment demand,...

Here are today's videos and charts.

How much gold is there in the world? The quick answer is not much - at least not relatively speaking. According to the World Gold Council, as of the end of 2023, around 212,582 tons of gold have been mined throughout history. About two-thirds of that amount was dug...

A few months ago, Gold completed what, in time, will be viewed as the biggest Gold breakout in 50 years. 

The US dollar is on the brink of a major meltdown. This is apparent based on fundamental and technical analysis. Over the last 5 years, the US dollar has sustained some major damage through policy without losing much value against other fiat currencies.

Central banks’ monetary policies are the most perverse government intervention. Their consequences are dire, last for a very long time, and people don’t perceive them as problems or don’t comprehend the damage they are doing. Monetary policy (monetary expansion and...

By now you're probably well aware that the central banks have been setting records for the amount of gold purchased since 2022. A trend which began after Russia was sanctioned, had its assets frozen, and was then subsequently kicked out of the SWIFT system.

A lot of people online are speculating and talking about gold as if it is just not going to stop, it's just going to keep going from now till the end of 2024.

A month ago, we published an article on consumer debt, which is becoming a huge issue for the banks from a credit quality perspective, as both credit cards and auto loans have posted sharp increases in delinquency ratios.

After a weak March, central bank gold buying rebounded in April with global net purchases of 33 tons, according to the latest data compiled by the World Gold Council.

You are paying more and getting less thanks to persistent price inflation. Politicians and talking heads on financial news networks often point to “strong” retail sales data to support the claim that the economy is doing great.

The sideways correction continues for gold and most bank analysts remain positive on the metals.

For those that do not know my work, let me give you a little background about me.  My name is Avi Gilburt and I have been publicly providing market analysis for the last 13 years.  And, one of my first market prognostications was presented in the metals market. 

The gold market’s meteoric rise over the past seven-and-a-half months has been nothing short of extraordinary. Fueled by heightened geopolitical tensions and robust central bank buying, gold prices smashed through resistance around USD 2,075 to new record highs...