Gold Editorials & Commentary

Many investors like to use price-to-earnings ratios as a short-hand valuation tool for both individual equities and the broad stock market. Most of the time this can be useful but there are also times when it can be very misleading. Typically, those times are at the...

This was a slow week.  It’s difficult writing something interesting about mostly nothing, but I’ll give it my best shot. Nothing much happened with the Dow Jones this week; down by 54.31 from last Friday’s close.  A decline barely visible in the BEV chart below.  ...

Last week's trading saw Gold forming its high in Monday's session, here doing so with the tag of the 1818.90 figure. From there, a sharp decline was seen into late-week, with the metal dropping all the way down to a Friday low of 1759.10 - also ending both the day...

We start edition No. 666 (get a grip) with this Shirelles '61 hit: "Mama said there'll be days like this..." --[Dixon/Denson]. And indeed, oh woe is our Gold!

Gold sector is on long term SELL signal. GLD is on short term sell signal. GDX is on short term buy signal.

Everyone says that the upcoming recession and stagflation will be good for gold. However, will they really? Some doubts also arose in my mind, so let’s investigate them. I, of course, don’t dispute that gold soared in the 1970s. This is a fact which is illustrated...

Here are today's videos and charts.  The videos are viewable on mobile phones as well as computers.

The major gold miners just finished reporting their latest quarterly results, revealing how they are actually faring fundamentally.  This Q2’22 earnings season was particularly important with inflation raging in its first super-spike since the 1970s.  Traders need...

Although gold barely reacted to the July FOMC minutes, the Fed worries about an economic slowdown. That bodes well for the long-term outlook for gold.

History rhymes as people tend to react similarly to similar price changes. What we see in gold right now is a repeat of almost a decade ago.

Very little happened in the precious metals sector yesterday, and practically everything that I wrote yesterday and in Monday’s flagship analysis remains up-to-date. Let’s start with a quick update on the GDXJ’s very short-term chart.

The world economy and especially the political and economic situation today consists of a potpourri of lethal ingredients which will have dire consequences.

Financial writers and gold bulls have both taken their turn at referring to a potential recession as having a positive impact on gold prices. The commentary varies somewhat, but here are a few examples…

The most important question for asset prices right now, from stocks to houses to Bitcoin, is whether we’re due for a recession. Last week we got confirmation that according to the traditional definition of a recession – 2 quarters of negative growth – we are already...

Rich Checkan joins us today to discuss Stagflation, Gold & Silver price, market manipulation, and more!

Can market trends be predicted?  Sometimes they can, but more often not. If prediction is a questionable tool at best, then what tools can investors use to build wealth with reliability?

For the first time in 2022, the FOMC is on track to drain $40 billion from their balance sheet for the month of August.  In the table below, dates are Barron’s issue dates.  So, the week of August 1st was actually the last week of July.  But for the first two weeks...

The Orwellian-named Inflation Reduction Act passed both houses of Congress and is now on its way to the White House for Joe Biden’s signature.

The best performing precious metal for the week was silver, up 4.78%. A more bullish investment scenario is surrounding the white metal’s industrial uses, such as for solar. Franco Nevada reported second quarter 2022 results this week that were slightly ahead of...

Is the stock market on its way to new record highs? The thought would have seemed preposterous just a week ago, when the Dow’s still-presumptive bear rally had yet to exceed even a single peak on the daily chart.

Last week's trading saw Gold forming its bottom in Monday's session, here doing so at the 1786.90 figure. From there, a sharp rally was seen into mid-week, with the metal running up to a Wednesday high of 1824.60 - before backing slightly off the same into the...

Regular readers by now are familiar with Gold’s fundamental drivers and the influence of the stock market. Falling and or negative real interest rates are the fundamental driver for Gold and are usually a byproduct of a weak stock market and economic recession.

One of the great cash management challenges in this business of engaging in the world's most important financial markets, (our BEGOS bunch being the Bond, Euro, Gold, Oil and S&P 500), is the immediacy of their being affected by fundamental surprises, whether...

In this week’s Live from the Vault, Andrew Maguire exposes the race major world banks are in to discreetly exit decades of accrued, loaned-out short bets against gold and silver, as Basel III reforms bring the precious metals market closer to an inflection point.

Our proprietary cycle indicator is UP. Gold sector is on long term SELL signal.

Precious metals markets continued rallying early this week. They gave back some of their gains on Thursday. As of this Friday recording, gold prices are up 1.0% for the week to trade at $1,803 an ounce. The silver market shows a weekly gain of 3.1% to bring spot...

Over 10 million ounces (!) of physical gold have left the Comex vaults since SilverSqueeze began. At today's gold to silver ratio, 10M OZ gold is about 874M OZ equivalent silver. Combine that with the 280M of actual silver drained already, and we have already broken...

Here are today's videos and charts.  The videos are viewable on mobile phones as well as computers.

Recession has already occurred or is on its way.. Somebody should tell gold about it! Is a recession really coming? We already know that the yield curve inverted last month for the second time this year, but what are other indicators of looming economic troubles?

The fundamentals of the gigantic American companies dominating the major indices are more important than ever.  The US stock markets plunged into a bear market last quarter, hammered lower by the Fed’s extreme tightening.  That along with raging inflation also...