Gold Editorials & Commentary

New yearly low in the GDXJ, plunging silver prices, and louder questions about the upcoming bottom. Let’s start.

Gold continued its downward path this past week and all but confirmed that lower prices are ahead. Below is a chart of price action dating back to the peak in 2020…

Gold and silver prices slid lower to close out the third quarter. Entering trading for the fourth quarter, the metals are back, once again, in the middle of the range where they have languished for more than three years.

We're entering the final few days of the intermediate decline, I call this the bloodbath phase as this is where price just goes down day after day after day and no matter how many times we go through this, people's emotions take over and they do stupid things.

Historically, inflation always referred to an increase in the money supply, whereas nowadays it refers to an increase in prices. This shift in the definition of inflation lets central banks get away with their fraudulent business. Thus, the original definition must...

There sure are a lot more indicators NFTRH uses to gauge the macro, but these three will suffice for the point of this article, which is that change is coming and the nature of that change could not be more different in its two potentials.

Joining us today is Gianni Kovacevic, the founder of Lithium Bank and Copper Bank, and we cover the evolving dynamics in the market, mainly focusing on the intricate world of mining, copper prices, and the global economy.

Price action last week in the charts of three bellwethers suggests that this year’s ‘October surprise’ could arrive right on schedule and that it could be a doozy.  The first shows the dollar’s so-far shallow correction off a minor Hidden Pivot rally target.

At precisely 13:40 GMT this past Wednesday, Gold succumbed to the guillotine in penetrating the week’s parabolic protection at 1905.2, provisionally flipping such trend from Long to Short, in turn confirming so with price settling yesterday (Friday) at 1865. 

This week the Dow Jones closed with its BEV value closer to the -10% line than its -5% line in its BEV chart below.  What to think about that?  Well, it hasn’t seen a double-digit BEV value since June 1st, and then the Dow Jones hasn’t seen a BEV Zero (new all-time...

Precious metals markets got hammered earlier this week as interest rates continued their relentless march higher.

Gold sector cycle is down. Trend is up for USD, and down for gold and gold stocks. $$$ We shall wait for the next cycle bottom.

Despite all of the fundamental components in place for a rally, gold remained relatively weak on Sep. 28.

Here are today's videos and charts.

The major gold stocks dominating their sector’s flagship GDX ETF have suffered chronic undervaluation over this past year.  Traders simply haven’t been interested, starving gold stocks of the capital inflows necessary to normalize their prices with prevailing gold...

Gold broke key support and miners are collapsing - the final washout is in full swing. If I were to rate the current panic on a scale from 1 to 10, I’d give it a 6. Could it get worse? The next few days are crucial.

The US consumer sentiment index, compiled by the University of Michigan, fell to 69.5 in August from 71.6 in July. A weakening consumer sentiment index is seen as indicating a potential downturn in consumer spending and the economy in general.

NY Times Bestselling Author and Founder of the Bear Traps Report, Larry McDonald, joins us today as we delve into a thorough analysis of current economic trends and their connection to past financial crises, with a spotlight on the Lehman crisis.

Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us to share his technical and fundamental outlooks for gold, silver, GDX, GDXJ, interest rates, and the general equity markets.

This was a very interesting week, if you were paying attention. On Tuesday, the market declined and then saw a sizeable rally begin later in the day. Then on Wednesday, the market continued its decline. And, these were the headlines we saw:

Inflation in the United States has fallen from its elevated levels a couple of years ago, although not quite all the way to the Federal Reserve’s target average rate of two percent per year.

I'm going to do an update on the stock market and let's call it a mini crash. I don't think this is going to be a major crash but a mini crash.

The precious metals sector was likely to decline, and that’s exactly what it did yesterday. The USD Index soared once again, also as we expected.

Will history repeat? Will this final week of September be like last year, with gold rallying $100/oz higher from here, then trading sideways for a month, and from there gold bugs enjoy a spectacular rally that continues from November to March?

The best performing precious metal for the week was silver, up 1.86%. AngloGold Ashanti agreed to sell its entire 50% indirect interest in the Gramalote Project to B2Gold for a total consideration of up to $60 million. B2 owns the other 50% already. Under the terms...

The US economy reached a concerning milestone with inflation hitting 3,000 percent under the Federal Reserve. This high inflation rate has been exacerbated by the pandemic recession and subsequent recovery, which saw the highest unemployment rate since World War II...

The health of the world economy is clearly linked to the health of global leaders. That clearly raises the question if unhealthy leaders create a diseased economy or if an ailing economy creates sick leaders.

In this video we take a look at the positioning in Gold’s CoT with respect to Open Interest and the Net Spec Position ahead of previous breakouts in the Gold price.

The Federal Reserve’s Federal Open Market Committee (FOMC) on Wednesday left the target policy interest rate (the federal funds rate) unchanged at 5.5 percent. This "pause" in the target rate suggests the FOMC believes it has raised the target rate high enough to...

We're getting into the final few days of an intermediate decline, and I'm talking about the stock market...it will ignite the next easy phase in metals once the stock market bottoms.