Gold Editorials & Commentary

Despite the arrival of numerous vaccines, Covid-19 is still having a huge impact, with bankrupt businesses, lockdowns and full hospitals in the worst economic collapse since the Great Depression. In fact, the unprecedented economic intervention has helped boost...

Demand for physical precious metals remains strong. Gold coin sales at the U.S. Mint hit 220,500 ounces in January, the highest monthly total since 2009. The Mint also reported silver coin sales of 4.775 million ounces in January, a 24% increase and the highest for...

About a year ago, when what soon became known as the COVID-19 pandemic had started to spread from its epi-centre in Wuhan in China to the rest of the world, I wrote that 2020 would go down in history, along with 1939, 1973 and 2001, as a year in which the world...

One of the most bullish backdrops for precious metals is an environment of negative real interest rates – that is, when bonds and cash yield less than the inflation rate.

In markets, as in love, it’s obviously hard to let go of something familiar yet clearly not working; but as all sober romantics eventually discover: Toxic relationships hurt.

When there appears to be a critical inflection point in any market, it is always important to go back and look at some long-term charts so you don’t lose sight of the big picture. The big picture can also tell you if your long-term view is still accurate or it can...

By continuing to show a lack of negative divergence to SPX, IWM is still telling us that we have not yet arrived at an intermediate peak in the market and that the new short-term dip which is currently expected will only be another minor correction on the way to a...

Last week's trading saw the gold market forming its high in Monday's session, here doing so with the tag of the 1876.00 figure (April, 2021 contract). From there, a sharp decline was seen into later in the week, with the metal dropping all the way down to a Thursday...

Last week the Dow Jones closed down almost 4%, and I was seriously thinking of purchasing a few Russell 2K puts to profit from the coming double-digit percentage correction. This week closed with the Dow Jones just short of making its twelfth Post March BEV Zero,...

Gold historically has (rarely) been broadly categorized as "overbought" vis-à-vis currency debasement, our arguing such case in price "having gotten ahead of itself" back in 2010-2011 as graphically depicted in the above millennium-to-date panel. Otherwise its being...

If someone were to ask me my opinion precious metals tape action during the period January 28th to February 1st, 2021, two words would come to mind with the first being “enlightening” and the second word “engaging”. The events of those three trading days enlightened...

Long-term – on major BUY signal. Short-term – on mixed signals. Gold sector cycle is down. The correction continues but may be ending, finally. $$$ We are holding long and short-term positions.

Joe Biden’s election as president and his first economic proposal proved negative for gold prices, but the presidency might yet turn positive. The 46 th presidency of the United States has officially begun. What does that mean for the U.S. economy, politics and the...

It is not widely realised that the EU concept is on its last legs. The bureaucratic inefficiencies and bad leadership were fully exposed last week over the inability of the EU to distribute vaccines and the attempts to blame everyone else. But a larger problem is...

Interview with Karim Taleb Part II of II. Claudio Grass (CG): Part and parcel of that same institutional “strategy”, especially in its current form, is the idea that deficits and debt don’t matter. Basically, after 2020, it can be argued that we’re all Modern...

There are two primary drivers of gold’s price: the USD Index and real interest rates. However, it doesn’t mean that other markets don’t impact the precious metals market at all. Conversely, at times, the key trigger for a certain might come from a different market....

The rise in inflation is the most significant upside risk for gold this year, but there are also a few important downside risks. The most disturbing for us is the possibility that the real interest rates will increase. Why? Please take a look at the chart below.

Matterhorn Asset Management founder, Egon von Greyerz, discusses the impossibility of fair pricing in a distorted precious metals market with Max Keiser, of the Keiser Report. Starting at 13 minutes and 10 seconds.

Americans love bubbles. We went crazy in 1929 and drove stocks to record highs. The Dow returned to 1929 highs in 1954, not counting inflation and survivorship bias. Bubbles are dangerous and destructive.

While gold feels solid and good news is appearing, silver and bitcoin continue to be the private money world’s brightest lights.

More state lawmakers than ever are introducing sound money legislation in the opening days of the 2021 legislative session. Several states will consider measures to remove sales or general excise taxes from the purchases of gold, silver, and other precious metals...

January played out as I expected. With the incoming Biden Administration, the markets were in a wait and see mode, it was a month of very little volatility. Everything is still in a state of unknown. For instance, how will COVID impact the economy? How will the...

Though gold has struggled to regain the momentum so far in 2021, silver and platinum are off to solid starts. Silver was up almost 2% in January, and platinum, almost 4%. Gold, though, was down just over 1%. Demand for gold and silver coins for delivery is running...

I’m often asked if I foresee inflation or deflation. This week we had an “Ask Me Anything” session for Alpha Society members and it came up several times. Both are possible in their own ways, and frankly I feel a little funny telling people I think we will see both...

SPX Long-term trend: There is some good evidence that we are still in the bull market which started in 2009 and which could continue into the first quarter of 2021 before coming to an end.

Last week's trading saw the gold market dropping into a Wednesday bottom of 1832.40 - before turning higher off the same into early-Friday, here pushing all the way up to a peak of 1878.90 - before backing off the same to end the week.

Already one trading month of 2021 has been burned, therein the price of Gold having mostly been churned. In settling out the week yesterday (Friday) at 1850, 'twas not only the sixth consecutive trading day during which such price traded, but so it has done in 13 of...

This week for the first time since the November 16th’s all-time high (aka: BEV Zero) the Dow Jones closed more than 3% from a BEV Zero, closing the week down 3.87% from January 20th BEV Zero. It was bound to happen, especially after two and a half months. This is...

Gold sector remains on long-term BUY at the end of January. Silver is leading gold and that is positive for overall higher prices. The correction continues but may be ending, finally.

Cryptocurrencies are all soaring and have reached incredible highs as of late – so why should you – the gold investor – care? Do you remember about bitcoin? Some time ago, I wrote that the bitcoin situation made the overall situation in currencies similar to late...