Gold Editorials & Commentary

We had the rally, and we had the selloff. But now gold, silver, and the miners are rallying again, and in today's show, Vince explains why.

Is Gold’s near-term correction completed?  If so, it lasted 16 trading days spanning from the recent All-Time High of 2449 (12 April) down to 2285 (04 May), a loss of -164 points or -6.7%.

In the three weeks since my last article, the Dow Jones has seen some drama, as evident in the BEV chart below by it making a move to break below its BEV -5% line, thus closing outside of scoring position (-0.01% to -4.99%).  Actually, on April 30th, the Dow Jones...

As inflation continues to put the squeeze on consumers, precious metals markets are back on the move. Gold prices are up 2.7% this week and currently trade at $2,375 an ounce as of this Friday morning recording. A solid close above the $2,400 level should set the...

Our proprietary cycle indicator is now DOWN. Current data favors overall lower gold prices.

Tiny bars of gold are flying off the shelves in South Korean convenience stores. This is yet another example of the movement of gold from West to East.

Investors need to diversify into gold stocks. The gold miners’ stocks are the biggest beneficiaries of higher gold, with their earnings and stock prices really amplifying its gains.  While gold stocks are increasingly rallying with gold, they remain way out of favor...

Here are today's videos and charts.

Mining entrepreneur Eric Sprott, interviewed this week by the TF Metals Report's Craig Hemke on Sprott Money's "Ask the Expert" program, says demand from China and India for real metal is starting to break the longstanding Western-based manipulation of gold and...

Economics trumps sentimentality, and gold’s elevated price has some people raiding the family jewelry box to pay bills. “Young people are not wearing grandma’s jewels. Most of the young people, they want an Apple watch. They don’t want a pocket watch,” Tobina Kahn,...

“Minsky Moment” refers to the idea that periods of bullish speculation will eventually lead to a crisis, wherein a sudden decline in optimism causes a spectacular market crash.

U.S. Representative Alex Mooney (R-WV) has re-introduced sound money legislation to remove all federal income taxation from gold and silver coins and bullion.

Gold is only two months into a 13-year breakout while the inflation-adjusted Gold price, an indicator for gold stocks, is approaching a breakout from a 45-year base.

Recently the dollar gold price aggressively broke a multiyear resistance level on the back of escalating wars, worrying asset bubbles, and sticky inflation. Long term indicators show gold is undervalued under these circumstances and can easily double in price over...

After the introduction of Gold and Silver ETFs and a 13-year secular bear market, everyone knows gold miners suck. Just ask Hugh Hendry. But the truth is far more nuanced. Here is almost everything you need to know, divided into a list.

Dave Collum, a Professor of Chemistry at Cornell University, returns to the show as we discuss the dynamic world of precious metals and global economics. Furthermore, we delve into the recent movements in gold and silver markets, the implications of geopolitical...

In a recent episode of the Vancouver Resource Investment Conference podcast, hosted by Jesse Day, guests Stefan Gleason (President and CEO of Money Metals Exchange) and JP Cortez (Executive Director of the Sound Money Defense League) shared their expert analysis on...

There is a secret tool available to investors who are attempting to identify winning silver and gold mining companies. Indeed, it makes a tremendous difference which mining companies investors choose: consider that from 2005 – 2011, as silver bullion rose 500%,...

Can the HUGE price move from those years really be repeated? As gold continues to move back and forth in the same trading range, I decided to dedicate today’s analysis to something different. After all, I already described my current gold price forecast for May 2024...

Financially speaking, the markets have been all over the map in the past four years since the onset of Covid and the self-inflicted wounds from forced economic shutdown. I went back to August 2020, five months after the festivities began,  and pulled up some charts...

Factoring in sizeable over-the-counter (OTC) buying, gold demand charted its strongest first quarter since 2016. Excluding OTC buying, demand fell 5 percent to 1,102 tons. Significant outflows of gold from ETFs drove the dip. But including over-the-counter buying by...

The best-performing precious metal for the past week was platinum, up 5.50%. Impala Platinum Holding reported quarterly production that increased from a year earlier and that customer orders remained robust.

The market rallied over 1% on Friday on a much worse than expected jobs report. And, I had a financial television show on in the background after the close, and I heard the host state the following after the rally made no sense to him:

Most US citizens have no savings and are carrying significant credit card debt. While the CPI, PPI, and PCE reports show inflation is in the 3% range, the average citizen feels that costs are rising much faster for them.

While I do not necessarily agree with the writer’s assertion that mining costs are likely to keep rising, short/intermediate-term, the writer has got the theory right. Gold mining leverage to gold will be positive when gold is either rising faster than costs. But it...

The weak GDP figure for the first quarter came with a double negative: poor consumer spending and exports, plus a rise in core inflation. The US administration’s enormous fiscal stimulus underscores the importance of considering the weaker-than-expected data.

Confidence in institutions such as the Federal Reserve may be falling, but it hasn’t fallen nearly as far or as fast as it should. Trillions of dollars, yen, euros, and yuan are invested according to central bank policy and propaganda. It isn’t going well.

Vince Lanci of Echo Bay Futures & GoldFix on Substack joins us to wrap up market action in April and discuss Gold’s outlook in May. Vince believes Gold has more downside and will be watching the action after the CPI on May 15.

There are cracks in the foundation of dollar dominance. Could Chinese gold be the straw that breaks the dollar’s back? In a column published by the Telegraph, economist Julian Jessop points out that people have been predicting the dollar's demise for decades....

As of May 1, spot gold was at $2,319 an ounce. The precious metal is up 12.6% year to date despite headwinds. These include a strong US dollar, positive real yields (Treasury yields minus inflation above zero), investors selling their gold ETFs, and inflation coming...