Gold Editorials & Commentary

In this video we list 6 important points about gold stocks and their nominal and relative performance and we provide charts highlighting how gold stocks follow the inflation adjusted price of Gold and outperform Gold after Gold price breakouts.

The chart above shows RCA’s spectacular climb to the Mother of All Tops in 1929. The larger chart that frames it shows what Nvidia shares would have to do to replicate the peaks and troughs that set up RCA’s plunge into hell.

When we talk about monetary policy, people do not understand the importance of interest rates reflecting the reality of inflation and risk. Interest rates are the price of risk and manipulating them down leads to bubbles that end in financial crises, while imposing...

I want to start off with a quote from Bernard Baruch, one of the most famous investors in all of all time and he said he made a fortune by selling too soon, so I'm going to apply this to the metals market right now.

Metals and Miners are correcting a bit but miners are starting to outperform the metals. This is a bullish sign that there is not much more correction ahead in terms of price.

Per a tongue-in-cheek note this past week to our StateSide Investors’ Roundtable, we apologized for single-handedly having “crashed” the precious metals’ markets with last Saturday’s missive (“Gold Fit to Pull Back a Bit”) following which on Monday — directly out of...

On Thursday, the Commerce Department released its estimate of Gross Domestic Product for the first quarter. GDP growth came in at a disappointing 1.6% -- well short of the 2.3% consensus forecast.

Trend is UP for gold. Trend is UP for gold stocks. Trend is UP for USD. Our ratio is on buy signal. Speculation is now at overbought level.

In a recent episode of Money Metals' Midweek Memo, host Mike Maharrey engaged in an enlightening conversation with Mark Skousen, an eminent economist with a PhD from George Washington University. 

The gold stocks’ latest earnings season is just getting underway, and should prove fantastic.  The miners are set to report their most-profitable quarter in years, primarily driven by much-higher gold prices.  These companies have also mostly forecast holding the...

After years of going nowhere, gold launched into the next stage of its bull market. While inexperienced investors might feel inclined to capitalize on recent profits, such a move could prove detrimental in the long run. Gold and silver miners have underperformed the...

Here are today's videos and charts. The videos are viewable on mobile phones as well as computers. Double-click to enlarge the charts. 

SGS Key Charts, Signals, & Video Analysis

With the release of the 2024 Q1 Gross Domestic Product (GDP) data by the Bureau of Economic Analysis, the question of economic growth is on many minds. Real GDP growth slowed to an increase of 1.6 percent from a year ago, lagging well behind the 2.4 percent...

Strong Chinese gold demand will continue to support the gold market according to a recent research report by Metals Focus.

Joining us today is Brian Beamish, a seasoned expert with 30 years in the gold and silver industry and former commodities broker. Brian shares his perspective on the current boom in the precious metals market, touching on cycle analysis, the impact of economic...

In the latest episode of the Money Metals’ Midweek Memo, host Mike Maharrey delved deep into the intricate realm of inflation, offering invaluable insights and debunking prevalent misconceptions.

Jeffrey Christian, Founding and Managing Director of CPM Group, a precious metals consultancy has followed, covered and advised on Gold and Silver for decades.

What if the worst in interest rates is yet to come? Until recently, the prevailing wisdom held that the Federal Reserve would start chopping interest rates sometime this year. At first it was seven cuts, than five, three, now it’s down to two cuts.

Did you know Thomas Jefferson and many other prominent Founding Fathers predicted our current economic problems? No, they didn't have a crystal ball. They didn't need one. All they needed was an understanding of money and human nature.

We're finally seeing the first significant correction in the gold and silver prices since the latest rally began, and sure enough the gaslighting about gold is out in full force.

In a recent tweet, a talented financial analyst and investor stated: “The “debt is unsustainable” narrative has been around for 40 years plus. What’s astonishing to me is how the people who push this narrative never ask themselves, “Why has it been sustainable for...

The cash-value of promoting each of these anti-concepts is that they lead people to think that the central bank should impose a monetary policy. To make our lives better.

Gold slides once again today, proving that yesterday’s $67 slide was not accidental. And it’s happening without a rally in the USD Index. So, yes, the price of the yellow metal can indeed move also down, not only up. And since the medium-term trend in junior mining...

Recently, with gold, silver, and gold stocks overbought by almost every technical measurement, almost every gold investor in the West knew there had to be a pause in the action. All that was needed was a catalyst.

Gold rose to trade near a record high, even as investors weighed a shift in messaging from Federal Reserve Chief Jerome Powell, who said the central bank will likely keep rates on hold for longer than originally planned.

Over the last few weeks, gold held its ground despite headwinds including a strong dollar and rising bond yields. Geopolitical tensions have supported safe-haven buying but it appears a new player is entering the market – hedge fund and other big money managers...

The long-term underperformance of gold stocks compared to gold itself is clear and indisputable. A matter of remaining contention is whether or not beleaguered investors in the not-so-shiny metal stocks will ever recover from more than twenty years of disappointing...

The precious metals sector performed poorly during the last three bear markets in stocks. Those include 2022 during initial Fed tightening, the Covid crash of spring 2020, and the heart of the global financial crisis in autumn 2008.

Where do people pile their dollars in the End Game? We got a sneak preview this week, twice, as Iran and Israel both pretended to start World War III with mutual pretend bombing raids on each other telegraphed days in advance to the entire solar system.

The portfolio managers who rig the markets appear to be losing their touch. Usually, they are able to short-squeeze stocks in the ‘lunatic sector’ — our label for the egregiously mis-named ‘Magnificent Seven’ — when earnings are announced after the close.