Gold Editorials & Commentary

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.

Dave Collum, Professor of Chemistry at Cornell University, returns to the show, and we discuss the U.S. dollar, BRICS nations, and the future of the global economy. We dive into gold, silver, inflation, the potential economic crisis, and how modern technology might...

Jeff Deist and the Debased guests express their concerns and criticisms regarding the state of the economy under Bidenomics. Warning signs such as an inverted yield curve, declining investment, and excessive government spending are hidden underneath GDP growth and...

In this video I'm going to start off with some long-term charts.  This is a weekly chart and you can see price got stretched way too far above the  200 week moving average. We had a correction back down to it, but a stretch this extreme to the upside, it's going to...

Can the Wall Street Journal‘s headline writers save America’s juiced-up economy from going bust?  They are certainly trying. Check out their lede in Friday’s editions: The Fall in Home Prices May Already Be Over.

Quite the inauspicious start for Gold’s fresh parabolic Long trend as otherwise herein detailed a week ago.  Indeed then we were all megaphones and pom-poms about Gold now being en route to a new All-Time High … and we’re still in that camp even though the drive to...

Precious metals markets are retreating this week as official U.S. employment data comes in surprisingly strong.

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

The gold miners’ stocks just entered the autumn market busy season on the wrong foot, selling off as traders returned from summer’s last long weekend.  That has fortified the bearish sentiment this sector suffered in recent months.  With football on the mind, gold...

Here are today's videos and charts.

While the banks and political establishment continue to praise the virtues of a robust economy, the signs under the hood tell a different story. The indicators of a slowing economy are there for those who choose to look, and in today's show Dave Kranzler shares some...

The renewed threat of trade tariffs by various presidential candidates is a clear and present danger to free trade and the world economy.

Gold remains in a bullish big-picture consolidation but failed to break out as the Fed quelled banking issues, and the economy has avoided recession. The market has discounted a soft landing as capital has moved out of Bonds and into equities.

My estimate for China’s official gold reserves reached 5,029 ton by the end of June 2023. In the first six months of 2023 the Chinese central bank bought an estimated 353 tonnes. Although demand in H1 2023 was down 34% from H2 2022, demand was still strong and a...

Another anti-concept is store of value. The very term evokes a picture of a container. You pour water into the container, and it is stored until you’re ready to pour it out again. 

The breakdown below the rising trend channel was followed by a decline that was big enough to confirm it, even though it was just the second close below it.

Gold held around the highest in three weeks as U.S. inflation data printed in line with forecasts. The metal edged higher Thursday for a fourth session, after drawing support from weaker than expected U.S. economic data that diminished expectations of another rate...

Economist Jason Furman recently called for the Federal Reserve to raise its inflation target from 2 to 3 percent. In defending his position, Furman argued that while unexpected inflation results in redistribution that harms creditors and workers, expected inflation...

A late summer rise in COVID cases is triggering calls by control freaks across the globe for reimposing mandates and restrictions on the public. Civil liberties advocates are warning that crippling new economic lockdowns could be coming down the pike.

In today's video I'm going to see if I can make a point about recency bias.

When money becomes less valuable and costs rise, the money you have saved affords you exponentially less. In the short term, you may not notice the difference. According to the U.S. Bureau of Labor Statistics, $1 in June 2020 has an equivalent purchasing power to $1...

What’s next for gold? The (potentially massive) rally from the $1885 area low has hit its first sticking point at $1935-$1945. The low of the left shoulder of a double-headed inverse H&S bottom is providing the resistance, and two other factors are also weighing...

Gold and Silver last week traded up to resistance at $1980 and $25.50. Both sold off the last few days. Meanwhile, the gold and silver stocks printed some ugly candles on Wednesday and Friday.

Have you heard the good news? The Atlanta Fed GDPNow estimates a 5.9% growth in real GDP for Q3 2023. In nominal terms, we can even boast of an 8.9% surge. What fantastic news! Growth! Productivity! This must mean we can all breath a collective sigh of relief as...

Joining us today is Mike McGlone, macro strategist at Bloomberg Intelligence, and we discuss the alarming rise in delinquencies, the Fed's response, and the economic outlook. We delve into the debt bubble, housing market, gold, and silver's prospects amidst the...

Thank goodness, THAT’S over. “‘THAT’ being what, mmb?“ THAT, Squire, being the Short parabolic trend for both Gold and Silver having finally reached the end!  For as last week herein penned: “As to the ‘when’ for these two precious metals’ Short trends to end … it...

The Dow Jones closed the week just short of closing in scoring position (-0.01% to -4.99%).  Looking at the Dow Jones from its lows of last autumn (chart below), its upward trend remains intact.  But that isn’t the same as saying the Dow Jones will be making a new...

Precious metals markets enter trading for the month of September with bulls hoping positive seasonal forces kick in. Gold and silver markets have traded mostly lower since late spring. They did rally, though, during the second half of August.

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

Gold’s recent pullback sure overstayed its welcome, increasingly vexing as August marched on.  That festering weakness really did a number on sentiment, leaving mounting bearishness in its wake.  Flaring gold-futures short selling was the dominant reason gold...