Gold Editorials & Commentary

The universe seems to know the dollar is in trouble. During a recent news conference, a reporter asked Treasury Secretary Janet Yellen, "How concerned are you about the potential impact of the dollar's status as the world reserve currency?"

Macro analyst Luke Gromen recently said, ""I think...we will look back in a few years' time and realize [sanctioning Russian FX reserves] was every bit as big as Nixon closing the gold window in August 1971...the US just told the world to buy gold."

Secular inflationary bear markets are the worst ones due to the extended periods of poor performance in real terms.

Sadly, investors in the West have what is perhaps best described as a cave dweller’s primal urge to get more of their government’s barbaric fiat. In contrast, in the rising and massively populated East, the focus is on getting more gold… money that is supreme. 

Gold and silver trading remained subdued this past week, with traders holding back from significant moves as they await the upcoming U.S. presidential election.

Gold extended its rally to a fresh record high, amid tensions in the Middle East and as traders looked toward the U.S. presidential election. Bullion rose higher — having breached the $2,700- an-ounce threshold — with analysts attributing gains to haven demand amid...

Public opinion polls consistently show the economy is one of the top issues, if not the top issue, for American voters. This may strike some as odd, since official government statistics show low unemployment and declining price inflation, suggesting the Federal...

A recently announced Chinese economy stimulus package could provide a shot in the arm for the Chinese gold market. China ranks as the world's number one gold consumer. 

There Are Two Americas…This observation goes beyond the partisan divide of a polarized nation heading toward a polarized election. The deeper, irrevocable rift lies beyond left vs. right. Quite simply, the rising divide of this late-stage empire is marked by haves...

The latest salvo fired at the U.S. dollar by BRICS countries includes press reports about "creating an international precious metals exchange to ensure fair pricing and trade growth". Russia's finance minister, Anton Siluanov, announced that Russia is currently in...

The gold price is on a big leg up toward the next target of 3000+, but there is more to the story than that…

Gold and Silver closed the week higher by 1% and 1.6% but the mining stocks declined, led by Newmont. GDX lost 3.7% on the week while GDXJ lost 2% and SILJ 1%. Silver was sold hard after it reached resistance at $35.

You can always tell when portfolio managers are hard at play, immersed in an epic circle jerk that has become more tediously familiar with each passing week. And so it went on Friday, as money migrated for no discernible reason from certain, temporarily disfavored...

From my prior articles, Gold is back in mid-term topping range, and with that is at risk to a larger-degree decline phase in the coming months. Having said that, this decline has yet to be confirmed in force, though we are keeping a close watch on the current price...

‘Tis taken ten years, but what just happened? “Well, mmb, I’m gonna take a stab at this: for the 207 trading days so far this year, Gold has made a record high for 37 of ’em.”

It is hard to exaggerate the importance of China in the future of gold even if the relationship falls short of monocausal. Beijing’s actual course both in economic policy and geopolitics since its giant bubble economy turned to bust — starting circa 2020 — has had a...

The Dow Jones this week, closed lower in each trading session, resulting in a 2.68% decline for the Dow Jones from its last all-time high of Friday last week.  Let’s look at this; five consecutive down days for the Dow Jones, resulting in a 2.68% decline.  That isn’...

In a recent episode of the Money Metals podcast, host Mike Maharrey interviews economist Judy Shelton, a prominent advocate for returning to the gold standard and a former economic advisor to President Trump.

Our proprietary cycle indicator is UP. Trend is up for gold and gold stocks and for USD. We will buy pullbacks as long as 50ema provides support.

In the past two years, the East has been responsible for a momentous move upward in the gold price, decoupling it from the West’s pricing model. But Western investors have taken back the baton and have been driving gold higher since June 2024.

Well, as the countdown to Election Day ticks closer, the gold market continues to reflect a vote of no confidence in fiat currency.

While everybody was watching the gold and silver bulls run, the price of palladium shot up by about 8 percent on Thursday (Oct 24). In fact, palladium is up by around 27 percent since earlier this month, having spiked from $922 an ounce to over $1,195 today.

Gold is nearing our $2,800 target, with the potential for further gains into year-end. Historically, during the last two Fed rate-cutting cycles, gold surged approximately 40% following the initial cut. If this pattern holds, gold could reach $3,500 next year.

Since the year 2000, the U.S. government has been racking up debt like it’s going out of style. In fact, the national debt has ballooned by 527%, jumping from $5.7 trillion to a whopping $35.75 trillion today. But as the debt has soared, so has the price of gold,...

The gold miners’ stocks just achieved a rare secular breakout.  This huge technical milestone fueled by record gold levels reflects sector sentiment growing more bullish.  That is pushing gold stocks closer to the crucial psychological tipping point where more-...

“Ideally”, that is. Because how often are markets ideal? But this is what I am looking at. Currently, I am still operating to the HUI 375+ plan, which if correct would mean that the rally is ongoing and we’d be charting pullback levels within an uptrend (i.e. buy...

The stock market is gyrating and it could take a big hit here, given the US election volatility. Here are today's videos and charts.

When I am asked about my view as to how markets work, I try to simplify it to the lowest common denominator.   So, while many will express their opinion on market drivers in relation to the Fed, or interest rates, or GDP, or employment, or other similar economic...

The Dow tumbled fairly hard today (-400), but the real news is the reason it fell. According to CNBC, the stock market’s most troubled day in over a month is happening because Treasury yields have been rising and competing with stocks. Treasury yields started rising...

Gold and Silver broke out again late last week. Gold closed above $2700 last Thursday, and Silver followed Gold’s breakout with one of its own.