Gold Editorials & Commentary

If you’ve read the Introduction from this Anti-Concepts of Money series we can now discuss the Anti-Concept: GDP

While everyone else twiddles their thumbs and waits for the next missive from the Federal Reserve, the bond market has spoken loudly and clearly about the near-term (and, possibly long-term) direction of interest rates.

My estimation of global official gold reserves hit 38,764 tonnes in Q2 2023, breaking its previous record from 1965. The new high confirms the world has entered a new era of gold. Central banks will continue to accumulate gold and the metal’s role in the...

The bullish gap on the chart holds ominous implications for the global economy, since it removes almost all doubt that interest rates on U.S. Treasury Bonds are headed significantly higher.

Jeffrey Tucker, a writer, publisher, and entrepreneur, returns to the show to shed light on the escalating inflation numbers not only in the United States but also in Canada and Europe, revealing the dire state of the global economy.

It’s been three weeks since I last commentated on the Dow Jones’ BEV chart below, and not much has changed. Now in late September, as 2023 approaches its conclusion, maybe that is the story of the stock market. That since March, the Dow Jones has refused to deflate...

On the heels of last week’s piece “Gold – Fundamentally Fabulous, Technically Torturous“, we’ve given consideration to some infamous tortures foisted upon mankind across the centuries.  And how well-documented they are!

Fears of inflation remaining stubbornly high, and interest rates going higher, rattled financial markets this week.

Gold sector cycle is down. Trend is up for USD, up for gold stocks and down for gold. COT data is not helpful at this point.

The coordinated UAW strike is a war between blue-collar workers and their white-collar overlords. All three automakers (General Motors, Ford, and Stellantis) are striking in unison for the first time. I believe this to be a pivotal turning point. 

Here are today's videos and charts.

Fed hawkishness has been the rankling thorn in gold’s side for 18 months now.  Since the Fed started this monster rate-hike cycle, every material gold and gold-stock selloff has been driven by the threat of more rate hikes.  Those boost the US dollar, triggering...

I warned the miners were weak, and they again buckled under the pressure. As a result, yesterday’s comments remain up to date, and I encourage you to read them to understand what should unfold in the weeks ahead.

Based on the five to seven day rule for a bloodbath phase, bonds are on day one, what it looks like to me, so they probably got four to six more days to go. That means stocks have four to six more days to go before they turn and go back up. Gold may sniff out a...

While the Federal Reserve had its latest policy meeting this week and left rates unchanged once again (while still suggesting that there might be one more hike in 2023), they didn't comment on some of the longer term dynamics that have left so many concerned about...

Following Wednesday’s Federal Reserve meeting, the gold market is at a make-or-break moment: if key support at $1,885 can hold over the coming weeks, gold should be set to break to new all-time highs later this year or early 2024. However, if this key support fails...

A reversal can be powerful. Two are often a game-changer. We just saw three. On Wednesday, I wrote the following: The momentum remains positive, so reaching this target – close to $1,965 – might be what triggers the reversal.

Gold is also now breaking above the major downtrend line connecting 2080.70, 1987.60 and 1953.00, which is suggesting that we are going to be moving sharply higher from here!

Once again it's time for another Federal Reserve policy meeting, where they provide their latest update on their balancing act between keeping up their fight against inflation, and avoiding a recession/banking collapse in response to the higher interest rates.

In late April, we timely warned about a topping process in the gold market and expected prices to pull back towards USD 1,900 over the following weeks. On June 29th, with gold reaching an intraday low at USD 1,893 we turned bullish.

Argentine presidential candidate Javier Milei has made dollarization a central issue in the election. In response, 170 experts have signed an open letter claiming dollarization is not a real solution, but un espejismo—a mirage. These experts say dollarization will...

Those who have been predicting a recession in the United States and an associated stock market crash seem to be having a hard time. At least, it appears so. US gross domestic product grew by 2.1 percent in Q2 2023, after growing 2.0 percent in Q1; the unemployment...

The 10-year yield is breaking out to a new high. In this video we evaluate how and when the breakout could impact Gold.

Peter Boockvar, Chief Investment Officer at Bleakley Financial Group, joins the show, and we discuss the current economic landscape. We touch upon the rising long-term interest rates, the Fed's potential moves, the increasing gold and silver prices, and the future...

It’s a big week for gold bugs of the world, with the next FED announcement on Wednesday, the BOE on Thursday, and the BOJ on Friday.

That was quite a week we just had in the market. In fact, if you are a news follower, you are probably confused as hell.

After a hot start to the year, gold’s performance has somewhat subdued in recent months despite the usual supporting factors staying intact, namely high inflation and a bear stock market.

The best performing precious metal for the week was palladium, up 4.88%, due to some short covering that occurred by hedge funds. Gold in China is trading at a record premium to international prices, a sign of Beijing’s escalating battle to defend its currency.

In many recent articles and interviews, I’ve warned that Powell’s “higher for longer” war against inflation will actually (and ironically) lead to, well… greater inflation. That is, the rising interest expense (nod to Powell) on Uncle Sam’s fatally rising 33T bar...

Liberty Safe, the nation's largest manufacturer of gun safes, recently fell into hot water. The company provided the access code for a customer's safe to FBI agents who were executing a search warrant.