Gold Editorials & Commentary

Gold and the USDX reacted vigorously to the worrisome news concerning Eastern Europe. However, only the latter can be calm about its medium-term future.

Critical warning signs from the credit and rates markets are being ignored by tough-talking experts while gold bides its time before it rises in a global financial crisis mathematically too sick to save.

Do you sometimes ask yourself when this will all end? I don’t mean the universe, nor our lives, nor even this year (c’mon, guys, it has just started!). I mean, of course, inflation. If only you weren’t in a coma last year, you would have probably noticed that prices...

There are many gold bugs out there who are salivating at the charts and calling for a massive run up in gold. Personally, I am expecting a major run up, but I am not placing my bets on the charts.

The Idaho State House today overwhelmingly approved a bill which enables the State Treasurer to protect state reserve funds from inflation and financial risk by holding physical gold and silver.

Behind the battle to convince everyone that price inflation is not a lasting problem is the necessity to keep interest rates and bond yields suppressed. In the past, the interest rate cycle was entirely due to the expansion and contraction of commercial bank credit...

After 18-months of consolidation, gold prices are on the cusp of a major upside breakout. Our technical work supports a slingshot move to the upside (like early 2016) that is likely to leave many investors behind.

Gold prices declined in 2021 and the prospects for 2022 are not impressive as well. However, the yellow metal’s strategic relevance remains high.

Egon von Greyerz joins us to discuss the latest trends in the markets and how he sees 2022 playing out. Markets will have to absorb higher rates, and there is too much debt. This is one of the best macro setups in history for Gold & Silver.

In our post on February 10, 2022 “The Bank of England: There’s Only One Solution!” we wrote about the Bank of England governor’s solution to inflation was for workers to exercise ‘wage restraint’ when negotiating higher wages.

It looks like our ending diagonal triangle formation ended a failure high at 4748.83, and wave V is now complete at the high. Our “Armageddon Support Line” has broken and the SP500 looks to be heading into a multi-year bear market. 

This is a day-trader's delight in this market. Gold above all its moving averages: Bullish. Upper Bollinger Band is $1,874.5 with support around $1,826.60.

This hasn't happened in about a year in a half, but gold has made (marginally) a higher-high. We have not yet seen follow-through, but this is typical. The second or third attempt is when we usually get a breakout.

Relentless rate hikes and QT mean that the destruction of the US stock, bond, and real estate markets is essentially assured.  Interestingly, the big question is not whether these markets will crash or not. 

Gold has been heading higher over increasing market volatility and worries in Ukraine. Futures must hold $1850 to support a bullish breakout to new highs.  

Alternate facts or reality have become part of our daily lives such that there is an indistinguishable blurring between the two worlds. In the fantasy world of the metaverse, people or their avatars are spending ever greater portions of their lives on online...

Analysts' 2022 forecasts for the gold market are not overwhelmingly enthusiastic – they see it flat. However, maybe the opposite should be expected.

Gold continues to benefit from the market turmoil and has apparently forgotten about medium-term problems. Meanwhile, the rising USD and a hawkish Fed await confrontation.

The best performing precious metal for the week was silver, up 4.74%. The metal escalated faster than gold on the back of stronger inflation and geopolitical tensions. Gold firmed up as the week ended amid concerns over inflation after the U.S. consumer prices...

This commentary plus the quickie review of Gatos Silver is an excerpt from the February 3rd issue of my subscription newsletter. You can learn more here: Mining Stock Journal

Oil is very late, in a very mature move higher in oil prices and focusing their trades in energy and most certainly leveraging their trades in this two-years move higher.

The situation from less than a month ago repeats itself, and gold once again confirms that it likes international tensions. However, since history does rhyme, its upward activity may not last for too long.

Michael Pento, well known money manager, joins us to describe the current setup as the biggest potential stock market crash in history during 2022.

The recently released January 2022 statement of account of the Bank for International Settlements --

After hitting the highest official inflation rate in 40 years, bonds did exactly what I warned of in my last Patron Post where I said, The collapse of the Everything Bubble will be an economic supernova. Think Lehman Bros. and Bear Stearns and all the rest of what...

The markets have been quite volatile recently, not so much in terms of major trends – as yet? – but definitely in terms of high volume activity, many signs of intervention in most markets and lack of proper and clear direction. It is like the weather when clouds...

Last week's action saw gold forming its low in Monday's session, here doing so with the tag of the 1807.50 figure. From there, a sharp rally was seen into late-week, with the metal running all the way up to a Friday peak of 1867.40 - before backing slightly off the...

Before I expand upon the events of the past week that caught my increasingly-illusory attention span, I wish to impart upon my readers one of the many chasms that separate the generational narratives these days.

Not to be taken lightly a wit what's going on with the Russia/Ukraine strain. For as the StateSide President sagaciously stated yesterday (Friday): "things could go crazy quickly" in urging U.S. citizens to vacate the premises. To which the markets responded in kind...

This week the Dow Jones closed within scoring position, or within 5% from the Dow’s last all-time high every day, until Friday, where it closed with a BEV of -5.60%.  This isn’t necessarily bad, but it certainly isn’t good.  For a year, from November 2020 to...