Gold Editorials & Commentary

In recent weeks we've witnessed a divergence in the gold and silver prices in China vs. where they're trading on the COMEX. While it's common for the metals to trade in China at a premium or discount to the COMEX, the Chinese premiums have escalated and so far we...

Since mid May Gold has essentially traded from $1900 to $2000. Meanwhile, Silver has traded mostly between $22.00 to $25.50. The metals may have a bit of upside potential here as summer ends but they will remain in a larger range.

Reversals ARE important, especially when confirmed by high volume. Thursday’s reversal in gold worked – it rallied, just as I had warned. The funniest thing about this rally is that it has little sense, and yet it was still quite possible for it to happen. Why?

Must have been something stimulating in that New Jersey aquifer we drank from, before saltwater and tritium from the Salem County nuclear plant made Bourbon the safer beverage. Since the Great Depression, an ever-inflating Fed made houses the number one wealth...

Former World Bank president David Malpass thinks government policy is the primary cause of inflation and slow growth. I agree, but not for the same reasons.

In markets, easy phases, or easy periods, follow difficult periods, and difficult periods follow easy periods. If you are emotionally incapable of understanding and using this principle, it's going to be really difficult for you to make money, or ride trends when...

Today, we are joined by Florian Grummes, and he provides insights on the state of the market, the recent bank runs, the role of the Federal Reserve, and the future predictions for gold and silver.

With the recent action seen in the markets, I thought it would be a good time to take a look at both the Gold market - as well as U.S. stocks (as measured by the S&P 500) - with each of these markets nearing key junctures.

Firstly:  Gold is fundamentally fabulous given its ultimate valuation is a function of currency debasement.  Hardly is that news to our veteran readership, nor to anyone who fully comprehends The Gold Story.  So let’s just briefly break down the ultimate effect of...

Precious metals markets are trading quietly this week even as inflation data comes in hotter than expected.

The government's fiscal stimulus in 2023 has temporarily lifted the GDP growth rate. However, fiscal stimulus is not a reliable source of economic growth. It undermines productivity in the long term. It also creates problems such as higher taxes, higher interest...

Our proprietary cycle indicator is DOWN. Current data is unclear. Our ratio is on a buy signal. Trend is UP for USD. Trend is UP for gold stocks. Trend is DOWN for gold.

Gold has been vexed in recent months by the US dollar soaring again.  Its latest blast higher prematurely truncated a resurging gold upleg again, damaging sector psychology again.  Contrarian traders ought to be familiar with this script of Fed hawkishness goosing...

We see the potential for a strong breakout in gold in the coming weeks. The next time prices break above $2000 - they may never look back. Once gold clears $2100 it will be drawn to $3000 like a magnet.

While the crowd believed the Fed when it proclaimed inflation was contained, another mistake is unfolding as we speak. 

Here are today's videos and charts.

Inflation is back! Or so the commentariat would have you believe. The Consumer Price Index (CPI) grew 0.6 percent in August, significantly higher than the previous six monthly increases. Consumer prices have grown 3.7 percent over the last twelve months. If prices...

But before we begin, I want to take this opportunity to remind you that we have reviewed many larger banks in our public articles. But I must warn you: The substance of that analysis is not looking too good for the future of the larger banks in the United States,...

Ever since the the 30 year Treasury bond yield (one ‘top-down’ macro tool NFTRH uses to gauge the environment so that we may invest in, speculate upon or avoid certain situations, accordingly) broke its Continuum of pleasantly declining long-term Treasury bond...

On August 16, 2023, the Federal Reserve expressed concern about the pace of inflation, saying future rate hikes could be necessary if conditions do not change. Currently, the federal funds target rate is between 5.25 and 5.50 percent, the highest level in more than...

The Federal Reserve has officially reported a loss of $57 billion for the first six months of 2023. Quite a number! So the “Federal Reserve Banks Combined Quarterly Financial Report as of June 30, 2023” (CQFR)—a little-known document—is especially notable for its...

One of the primary advantages of holding physical gold and silver is that it allows you be outside of the banking system and free from counter-party risk. Almost entirely.

Wet paint eventually dries, and in the case of gold, the upcoming CPI report (tomorrow) and FOMC announcement (next Wednesday) could change the game… and light the gold price paint on fire.

2023 has been a year of hiatus (or pause) in the implementation of The Great Reset, at least from the standpoint of the masses who have been able (temporarily) to return to their usual pursuits such as going to sporting events, visiting bars and restaurants and...

The assault on individual rights is accelerating, and investors would be wise to think about the assets they hold in a world where the rule of law is failing.

Silver bulls have for decades made the argument that the white metal is underpriced relative to gold. Their enthusiasm is fueled by expectations for a return to the original fixed ratio of 16:1 in favor of gold.

The best performing precious metal for the week was gold, but still down 1.55%. Gold clocked a loss this week following two weeks of gains. The weakness was prompted by stronger economic data that drove the U.S. dollar and Treasury yields higher, with traders...

What a beautiful nothing! Nothing really happened on the markets on Friday, but due to the context of the previous days’ actions, it was profound. The thing is that it was a day when markets took a breather and verified their previous moves.

The question is ‘why?’. Why do Jerome Powell and the Federal Reserve continue to tilt against the fading enemy known as inflation?

The summit of the so-called BRICS (Brazil, Russia, India, China, and South Africa) has closed with an invitation to join the group extended to the Emirates, Egypt, Iran, Saudi Arabia, Argentina, and Ethiopia.