Gold Editorials & Commentary

Last week the national debt reached 35 trillion dollars, a mere seven months after the debt reached 34 trillion dollars. To put this in perspective, the national debt first reached one trillion dollars in October of 1981, almost 200 years after the Constitution’s...

The bond market seems convinced that interest rates are headed lower for now.   The chart (source) below s

It's no longer a question of whether the Federal Reserve will cut interest rates. It's a question of how soon central bankers will cut and how big they will go.

Fiat currency and the Federal Reserve have long been subjects of debate and criticism for their perceived failures in achieving key economic objectives. 

Despite central bank gold buying slowing moderately in the second quarter, it set a record through the first half of 2024.

I'm going to go over some factors that could affect where gold could end up in September. A lot of this just boils down to whether or not the stock market is at the start of a move into a major four-year cycle low, pullback, or if this is just going to be a run-of-...

The Bretton Woods financial system collapsed in 1971 when President Nixon severed the link between the dollar and gold – the US dollar was now a fully floating fiat currency and the government had no problem printing more money.

What sunk stocks today? The first thing to cause the slide in stocks was data that expanded on yesterday’s poor jobs data, which had shown a decline in new jobs. Today, we see a corresponding rise in unemployment.

Precious Metals selloff to end the week and it was led by Silver and silver stocks. The yield curve is steepening and warning of a recession. That is exactly when Gold usually begins to outperform the stock market.

It's getting hairy out there. War may be imminent in the Middle East, and both stocks and commodities are dumping simultaneously. Gold, however, isn't selling off, pushing through $2,500 this week to new all time highs. Silver is lagging, which suggests traders may...

As the national debt soars to yet another new milestone, gold prices are ascending toward a new record of their own.

Futures contacts — far and away the most liquid non-physical form of Gold trading purely by price — regularly “roll” from one expiry month to another, (but not consecutively), the current leap per this past Wednesday being from August to now volume-dominant December...

This week the market was down big, with lots of people selling.  Of course, with every trade there always is a seller, and a buyer.  But this week the buyers were offering less, which the sellers were willing to take.

Gold sector cycle is up. Trend is up for gold and gold stocks, down for the USD. We are now neutral and will wait for the cycle to turn down to take short positions.

During its July meeting, the Federal Reserve signaled that a rate cut is likely in September. In his post-meeting press conference, Jerome Powell said, "If we were to see inflation moving down ... more or less in line with expectations, growth remains reasonably...

The gold miners’ stocks look to be nearing a crucial psychological tipping point.  After years of mostly being ignored, this small contrarian sector seems on the verge of roaring back into favor.  When gold stocks grow popular and traders increasingly chase them,...

Here are today's videos and charts.

Gold demand was up 4 percent to 1,258 tons in the second quarter, the highest level on record since the World Gold Council started compiling data in 2000. 

Silver and Gold have been on a wild ride, and it’s not stopping anytime soon. Let’s dive into why these shiny metals are becoming a favorite for investors.

The Federal Reserve’s Federal Open Market Committee (FOMC) announced today that it will maintain the current target policy interest rate (the federal funds rate) of 5.5 percent. The committee has now held the rate at this level since the end of July 2023.

In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey offers an in-depth look at the economy, emphasizing the importance of understanding the underlying factors that drive market trends and economic conditions. 

Vince Lanci discusses why Gold could start to pull away, the current drivers in Silver and why Silver’s price action could be a tell for Gold’s upside potential.

It’s the Fed’s interest rate day and the Bank of Japan has just hiked its rates. What’s next? The first sentence explains most of what happened to the prices yesterday and today.

Did you know the Fed has already loosened monetary policy? While everybody focuses on the prospect of a Federal Reserve interest rate cut and salivates in the hope of easier money, most people completely ignore the other prong of central bank monetary policy – the...

Imagine you are the foreman of a factory. Inside the factory are two machines. Both machines consume materials, energy, and labor and produce the same product, perhaps cars, or toasters, or pencils.

On July 26, the national debt blew past $35 trillion for the first time. We are now cursed with a debt of $35,001,278,179,208.67. This milestone will likely raise some eyebrows, but nobody will do anything about it.

The news for gold is becoming more positive. For example, last week’s import tax cut in India is a new pillar of support for demand and Friday’s PCE report increased the odds of a September rate cut from the Fed.

This article is an analysis of how the Chinese central bank (PBoC) buys gold in London from Western bullion banks. Because the bullion banks take care of the gold transport for the PBoC, the shipments from London to Beijing are disclosed in UK customs data.

The best performing precious metal for the past week was gold, but still down 0.80%. MAG Silver provided its second-quarter attributable silver production of 2.19 million ounces, above CIBC’s expectations of 1.82 million ounces due to a combination of higher total...

So here is the thing. During a bull market or very bullish phase, indicators give the all-clear. Come on in, the water’s fine! Investors are always going to be complacent and market/economic signals at least stable (or quite positive) at market tops. It’s the way...