Gold Editorials & Commentary

Considering everything, seeing the Dow Jones close the week at a BEV of -6.67%, while not in scoring position, it didn’t close below its BEV -10% line either, so that was pretty good. After fifteen months of the idiots “draining liquidity” from the financial system...

Our proprietary cycle indicator is DOWN. Gold sector cycle is down. Trend is now up for USD and down for gold and gold stocks. COT data favors lower gold prices overall.

Junior mining stocks have been very strong recently, also relative to senior miners. What does it mean? It means it’s story time.

The Fed's minutes for their latest meeting held in July showed the committee's interest in raising interest rates further due to upside risks to inflation that is already well above their target level.

The mid-tier and junior gold miners just finished reporting their latest quarterly results last week.  These fundamentally-superior smaller producers are in the sweet spot for upside potential in major gold uplegs.  And indeed their Q2’23 operational and financial...

Here are today's videos and charts.

The much anticipated 15th BRICS (Brazil, Russia, India, China, South Africa) Summit has begun in Johannesburg, South Africa. As expected, a central topic is challenging the global dominance of the dollar in international business and trade.

In this brief yet engaging conversation at the recent Rick Rule Symposium in Florida with Charlotte Mcloed of Investing News Network, Matterhorn Asset Management partner, Matthew Piepenburg, calmly separates harsh realities from BRICS hype with regard to the de-...

Adrian Day, the founder of Adrian Day Asset Management, returns to the show as we discuss the current state of the markets. In this insightful conversation, we delve into the ongoing banking and financial crisis, the challenges of monetary policy, and the potential...

After a selloff that began in mid-July that took silver down to $22.50 and gold below $1900, the precious metals have rallied over the past week. With silver now $1.75 higher while gold is up over $30.

A study of history shows how all the asset classes can be related at secular turning points. In the mid 1960s, the secular bull in Bonds ended first and then followed by Stocks. Then Gold made its huge move.

In this extensive discussion with the Jay Martin Show, Matterhorn Asset Management’s founding partner, Egon von Greyerz, addresses the catastrophic consequences of the current (and historical) debt cycle.

Gold is now 12 years through its cup and handle pattern and consolidation since the 2011 peak. 2024 will mark the 13th year.

What a difference a day can make! Everything was just SO bearish, and now… Well, some things changed. They changed quite profitably, as we just took profits off the table with GDXJ at $33.26. And right now, it seems that long positions might actually be justified...

The progressive movement (restoration of gold as the money of the world) has been hijacked, and pretenders to the gold money throne now claim that fiat credits, massive debt, rampant destruction of free speech, and vicious war mongering are “progressive.”

Despite the ongoing summer slump in precious metals markets, gold prices are still up close to 5% for the year. While not much to boast about in itself, a modest gain is infinitely better than a loss – which is what holders of gold mining stocks are taking

The best performing precious metal for the week was silver, up just 0.19%. Lab-grown diamond trade data indicates that it continues to gain market share. The value of rough lab grown diamond imports and polished exports increased month-over-month and came in above...

“La commedia è finita!” summarizes where the United States and Europe now stand in the Great Phony Postpandemic Disinflation. Why phony? Reported consumer price index (CPI) inflation has been falling in the US and Europe; but this has little to do with the...

I've just completed my periodic update of business price expectations, including selling prices (the wavy solid line in the following chart) and buying prices (dashed line). I’ve juxtaposed these against actual inflation (the jagged solid line).

The much talked about meeting of the BRICS is finally taking place this week. And with speculation abounding about what they may or may not do in regards to some sort of #gold-backed currency, Vince Lanci checks in to share his preview of this week's meeting.

It is one thing to complain that the economy is not growing, or, that economic activity is slowing; but the charts below indicate something more serious. Economic activity is in decline and the decline might be accelerating.

Before I got the invite to a swank prep-school out East, I used to spend my Spring afternoons on a baseball diamond not too far from the home field of Derek Jeter, who was still playing local ball in Kalamazoo while I was harboring high-school fantasies of playing...

The dollar is the most important unit of account for international trade, the main medium of exchange for settling international transactions, and the store of value for central banks.

Since the Bretton Woods Agreement in 1944, the dollar has been the world’s preferred reserve currency—the major trading nations of the world were willing to hold dollars in vast amounts to satisfy their need for a readily accepted worldwide payment medium. Even when...

Seamless money transfers? State of the art security and tracking features? A hassle-free payment service backed by the Fed? No annoying third-party systems? What’s not to love about the Federal Reserve’s new FedNow Service?

While the world waits to see what the BRICS nations may or may not announce regarding a new currency block at their meeting next week, what seems less in question is the overall trend of countries setting up trade facilities that don't involve dollar dependence.

On July 12, the Bureau of Labor Statistics reported that the Consumer Price Index (CPI) for the 12 months ending in June came in at 3% inflation. This annualized inflation rate represents a drop from 9.1% in June of last year, which was the peak in this cycle.

Significant technical damage has been inflicted upon Gold, Silver and the miners, leaving them vulnerable to further selling over the coming weeks.

Gold just completed its 10th down week of the last 15, “spot” settling yesterday (Friday) at 1890 and the far more actively-traded December contract at 1918.  Regardless, where is the bottom?

Last week with a BEV of -4.13%, the Dow Jones closed in scoring position. This week it gapped down to a BEV of -6.32%, which isn’t in scoring position. Is this just a correction, a pause that refreshes before the Dow Jones once again makes another assault on market...