Gold Editorials & Commentary

Gold has powered higher smartly over the past couple months, achieving big gains.  But this gold buying is only starting, implying this young upleg still has a long way to run yet.  Speculators’ gold-futures buying remains modest, while much-larger identifiable...

Advisors and marketers are ecstatic:... "Nothing will be able to stop gold when it breaks to a new all-time high" or "On the cusp of a breakout where gold can go up to $5000" are two examples of recent exclamations about prospects for higher gold prices. The...

Gold was higher in all currencies in 2022 and outperformed stocks, bonds, crypto and bitcoin in a significant way as investors fled risk assets and again sought shelter in gold and silver bullion.

Here are today's videos and charts.

In this 20-minute MAMChat, Matterhorn Asset Management principals Egon von Greyerz and Matthew Piepenburg open 2023 with an informal yet blunt look at the twin nuclear risks of:  1) a rising geopolitical conflict in the backdrop of 2) an equally rising global debt...

Joseph Brown from the YouTube Channel Heresy Financial returns to the show to discuss how the reverse report has skyrocketed and how this triggers interest rates. While inflation is slowing, the question remains if it is slowing fast enough for the Fed's liking.

There's been a lot of discussion about a potential Federal Reserve pivot in its interest rate hikes and quantitative easing tightening policies, yet less talk about the mechanics of the Fed's actions and why it's almost guaranteed that there will be more QE in the...

Michael Oliver returns to the show, and this time we will discuss the current state of the gold and silver markets and examine whether we're seeing a breakout or a fakeout. We'll also explore how the actions of the Federal Reserve have been disastrous and that the...

Last year after Russia was kicked out of the SWIFT payments system, they responded by adopting a temporary #gold backing to the Ruble, and have hinted at a commodity-backed currency arrangement in the months since.

Most price forecasts aren’t worth more than an umbrella in a hurricane. There are so many factors, so many ever-changing variables, that even the experts usually miss the mark. But there is value in considering predictions. It can solidify why one has invested,...

As we enter 2023, there are widespread hopes that inflation will be vanquished, and that interest rates will fall rapidly as the Federal Reserve "pivots". If the Fed goes down this path, there are expectations that the markets will soar upwards this year as they...

A child who is a brat and a bully must be punished or be isolated so they can’t harm other children. The US government has become the world’s largest brat, using fiat and debt to relentlessly bully citizens at home and in faraway lands. What happens now?

This past week provided yet another surprise reaction to an economic report, which seemed to fool most investors yet again. It seems many simply do not learn their lesson. Nonfarm payrolls rose 223,000 in December, as strong jobs market tops expectations

Precious metals did well compared to other assets in 2023, but not as well as many goldbugs expected given the highest price inflation in decades. The anemic price action was another indication of artificial forces in the markets and broken price discovery.

Our proprietary cycle indicator is UP. Our ratio is on buy signal. Trend is DOWN for USD. Trend is UP for gold stocks. Trend is UP for gold.

The best performing precious metal for the week was gold, up 2.50%. Osisko Gold has amended the CSA stream agreement, effectively reducing the upfront payment for the silver stream to $75 million (previously $90 million). The company has also entered into a backstop...

Gold’s nasty divorce from the U.S. dollar was finalized in August 1971 when President Richard Nixon suspended any further convertibility of U.S. dollars into gold by non-U.S. citizens. That action removed any remaining links between the dollar and gold.

The leading gold holders are some of the world’s most powerful nations, such as the US, Germany, Italy and France; they are keeping 60% of their foreign reserves as gold. This is a testament to the significance of gold in the central banking system.

The US dollar has long been the dominant global currency, but is it now facing a big threat? Marc Faber joins us today to discuss the factors that could impact the value of the US dollar and explore the potential challenges it may face as the world's reserve...

...So does Gold not necessarily go. Through these first four trading days for the 21st Century's 23rd year, Gold's net change is +2.2%. Here's how that (below in bold) compares century-to-date for each year's first four trading days and the resulting net change for...

This will be brief, appropriate to the topic at hand. It consists of a quote from Milton Friedman found in Joseph Salerno’s outstanding book, Money: Sound and Unsound:

Gold and silver markets got off to a strong start in the first couple days of trading this year before running into some selling pressure on Thursday – only to bounce back again on Friday morning.

Gold started this year with a quick rally, but it was mostly erased. It’s still above its mid-2022 high, but will it stay there for much longer?

Here are today's videos and charts. 

The gold miners’ stocks entered this young new year strong, surging to a major upside breakout!  Their latest upleg already looks powerful technically, with an ideal setup to ultimately grow to huge proportions.  After bottoming at exceedingly-oversold stock-panic-...

In our last article, we noted that Gold is outperforming everything. It is trending higher and positioned above rising 200-day moving averages when charted against the stock market, bond market, commodities, and foreign currencies. Yesterday it closed at a fresh two...

By the beginning of the fourth century, the Roman Empire had become a completely different economic reality from what it had been at the beginning of the first century. The denarius argenteus, the empire’s monetary unit during the first two centuries, had virtually...

China has been accumulating a large amount of gold over the past decade, and according to many experts, far more gold than they publicly acknowledge.

Gold has staged an impressive recovery from its Q4 2022 lows of $1,615 per ounce: the precious metal is trading at $1,860, or 15.2% higher, as this article is going to press in early January.

If you want to understand modern CBDC, it may be worth considering the context of history, the philosophy of man, the math of debt and the geology of gold.