Gold Editorials & Commentary

As investors hope for a Santa Claus rally in the days ahead, the Grinch is looking to steal their holiday cheer. Federal Reserve chairman Jerome Powell announced another interest rate hike on Wednesday – this time by half a percentage point. Although the bump up in...

A couple of weeks ago, the Dow Jones broke above its highs of last August. It was looking really good – a few weeks ago. Now a week before Christmas it appears Mr Bear has the bulls running the wrong way, with the Dow Jones closing below its BEV -10% line.

Energy and gold are both acting well. Here are today's videos and charts.

The cornerstones in my Inflation/Deflation and Economic Cycle Model are changes made to fiscal and monetary policies. Those are the two most determinant factors in any fiat-currency and debt-based monetary system.

Our proprietary cycle indicator is UP. Gold sector is on long term SELL signal. GLD is on short term sell signal. GDX is on short term sell signal. XGD.to is on short term sell signal. GDXJ is on short term sell signal.

Gold defied another hawkish Fed decision this week, consolidating high in its immediate wake.  That was an impressive show of strength, after this extreme Fed tightening cycle hammered gold for a half-year or so.  That strong performance reflects gold-futures...

The Federal Reserve's Federal Open Market Committee (FOMC) on Wednesday announced it will raise the target federal funds rate by 50 basis points, bringing the target rate to 4.5 percent. Wednesday's rate hike followed four hikes in a row of 75 basis points, and is...

Real Interest rates are the key driver for precious metals. Specifically, declining real interest rates and negative real interest rates drive precious metals higher.

Propaganda, lies and censorship are all part of desperate governments actions as the economy disintegrates. We are today seeing both news and history being rewritten to suit the woke trends that permeate society at every level, be it covid, the number of genders,...

What can happen while investors so stubbornly believe in the Federal Reserve's dovish pivot? No U-turn. “Nah, he’s bluffing” – investors were initially overwhelmed by the irresistible urge to ignore the obvious.

Tavi Costa returns to the show to talk about the Federal Reserve keeps raising interest rates. We explain why this decision is significant and how it may impact the economy. Furthermore, Tavi offers some insight into potential investments for 2023 based on his...

The Federal Reserve is getting ready for its latest policy statement on Wednesday, with another rate hike on the way, and only the size and commentary still in question.

Economist Nouriel Roubini believes the world economy is lurching toward an unprecedented confluence of economic, financial, and debt crises, following the explosion of deficits, borrowing, and leverage in recent decades.

In this video, Gary Savage looks at the current trends in the dollar and precious metals.

When humans are newborn, they rely on mommy and daddy or a caregiver.  Over time, most children grow up and begin to look after themselves. 

The U.S. personal savings rate eased in September to 3.1 percent from 3.4 percent in August. In September 2021 the savings rate stood at 7.9 percent. By popular thinking, a decline in the savings rate during an economic slowdown is regarded as supporting economic...

On Friday morning, the most recent PPI report was published, and it came in a lot hotter than most expected. So, what did everyone think the market was going to do on Friday? Yup, everyone believed that the market was going to tank and end up deep in the red. Well,...

Gold steadied after touching the highest level since July as traders weighed more U.S. economic data and China’s relaxation of its strict zero-Covid policies. Bullion had been hurt by the Fed’s aggressive rate hikes this year, but recent indications that the central...

Gold moved slightly higher, silver soared, but miners declined on Friday. If it’s not a screaming short-term signal, I don’t know what is. In other words, Friday’s session served as a perfectly bearish confirmation of what we’ve been writing throughout the previous...

When I was younger, I was taught that if you cannot say something nice, don't say anything at all. Well, when many of you have asked why I have not written about metals in quite some time, now you know the reason. But, I think that's about to change.

The Fed is going to tighten an already tight labor market by making sure more of those workers who are already too-few in number are laid off in order to reduce production that was already lower this year than last year in order to lower prices that are too high...

Bloomberg News, buzzed on Fed Kool-Aid as always, thinks the banksters have engineered a soft landing for deflation. Although it's true that price bubbles in everything from used cars to styrofoam surfboard blanks have begun to detumesce, there is no reason to think...

Well, it was a week of generally positive action in precious metals prices, as gold and silver continue to consolidate their impressive late November gains. As of this Friday recording, the whole precious metals complex is up.

The gold mining sector is doing what it should do amid fading inflation. If you have tuned out inflationist gold bugs since mid-2020 you are now in position to capitalize, unlike scores of inflation bugs who’d already bought (and likely sold into tax loss season,...

Across the past six weeks, the price of Gold has risen from as low as 1618 (03 November) to as high as 1823 (05 December) -- what with those Happy +15 points of contract premium that we cited a week ago -- is an all-in gain of +12.6%, (or without the premium +11.7...

Last week closed with me feeling fairly optimistic on the future prospects for the Dow Jones; what with the Dow Jones closing above its highs of last August, above the red line in the BEV chart below.  But a week can be a long time in the market, especially when the...

As investors and others continue to jockey for position in order to announce that “the bottom is in for gold” or that “gold owners received an early Christmas present” or “crypto failures will translate to higher prices for gold”, it is clear that most of them are...

Gold sector is on long term SELL signal. Long term – on SELL signal. Short term – on mixed signals. Gold sector cycle is up. COT data is supportive for overall higher prices.

The gold miners’ stocks are surging back, amplifying their metal’s gains in a strong mean-reversion rally.  That is shifting sentiment back towards bullish, a big change after this contrarian sector was hammered to exceedingly-oversold lows.  Despite gold stocks’...

While gold’s sleigh is flying high, is a crash on the horizon? With so many narratives floating around, bullish seasonality, recession fears and consumer resilience have combined to create a mixed picture on Wall Street. However, with the gold price running well...