Gold Editorials & Commentary

Last week the Dow Jones broke into scoring position. This week? It kept itself in scoring position, but just barely. This advance lacks enthusiasm, the bulls lack the desire to charge into market history. I get the feeling they would just as soon lay under a tree,...

As debt downgrade concerns push up bond yields, metals markets are facing selling pressure. Credit ratings agency Fitch this week issued a surprise downgrade of the U.S. government's once vaunted AAA credit rating. Recent political brinksmanship surrounding the debt...

At a press conference early 2023, member of the Executive Board of the German central bank Joachim Wuermeling made clear that the soundness of the central bank’s balance sheet, in light of general losses, is guaranteed by the bank’s gold revaluation account....

Our proprietary cycle indicator is DOWN. GLD is on short term sell signal. GDX is on short term sell signal. XGD.to is on short term sell signal. GDXJ is on short term sell signal.

Gold investors have vanished, at least American stock-market ones!  Despite gold’s strong upleg since late September, identifiable investment demand through major gold ETFs has been all but nonexistent.  That lack of investment-capital inflows has certainly retarded...

Here are today's videos and charts.

In their May letter, Paul Brodsky and Lee Quaintance of QB Asset Management in New York argue that the investment case for gold is to a great extent a matter of its likely official revaluation upward to support confidence-based currencies that have lost the market's...

It has been a jittery few months for investors as an ill wind not Canadian wildfire smoke, US heatwaves, or flash floods swept through financial market here, there and everywhere. The failure of a “too-big-to-fail” global bank and a few US institutions was one of...

In this video we discuss the monthly technicals for Gold & Silver. We note key support & resistance levels and opine on which way the technicals are leaning.

Join Jeff Deist and his guests as they delve into the future of the US dollar and its position as the world’s reserve currency. With discussions on the potential challenges from the Russian and Chinese perspectives, the risks of the dollar’s dominance, and the...

From August 22 through 24th, an extended coalition of over 40 nations which has become known as BRICS+ will meet in Johannesburg, South Africa. Among the likely topics of discussion is the feasibility of setting up a jointly-owned international financial institution...

I have written about this for almost a decade now. But it’s even more pressing now that perhaps Gold has run as far as it can outside a secular bull market. It is trading very close to very significant resistance. 

One of the remarkable events in the precious metals space over the past year is how the gold price has rallied, even despite the Federal Reserve continuing to hike interest rates.

Joining us today is Nick Santiago, CEO of IntheMoneyStock.com, for an insightful discussion on the current state of the markets, precious metals, and the Federal Reserve.

It is time to set the record straight – again… A recession, no matter how severe, will not have any appreciable effect on the gold price. 

What a difference 24h can make, huh? Gold rallied visibly on Monday, only to give it back on Tuesday. Same with miners. What’s next?

By now, we’ve probably surrendered to the fact that food prices will continue to get more expensive around the world.

While artificial intelligence and robots may replace many workers at some point, inflation can still rise in that environment, and central banks will continue to hike rates to fight it. Commercial banks follow the Fed when it hikes rates, and they restrict fiat...

The best performing precious metal for the week was gold, but still down 0.38%. U.S. GDP came in higher than anticipated and pushed the dollar up on expectations the Fed still has room to raise rates higher.

The world economy should have collapsed in 2008 were it not for a massive Hocus Pocus exercise by Western central banks. At that time, global debt was $125 trillion plus derivatives. Today debt is $325 trillion plus quasi-debt or derivatives of probably $2+...

Those who are looking to get rich quick can try their luck at lotteries, casinos, or highly leveraged derivatives markets. Most who do will, predictably, end up getting poorer.

We are entering the period where the unsophisticated novice type trader, or even hedge funds that are afraid of underperforming, will start to really chase the market.

Multiple factors support a recession starting in the second half of 2023 and lasting well into 2024. Record business tax refunds are keeping employment healthier than it otherwise would be. Gross Domestic Income turned negative in the fourth quarter of 2022,...

My ‘Chipotle indicator’ suggests that CMG, along with other high-fliers and the broad averages, could fall by at least 27% from recent highs before the bull market resumes later this summer.

Jeffrey Tucker, a writer, publisher, and entrepreneur, returns to the show to discuss the current state of the economy, interest rates, and inflation. He explains Powell's plan to combat inflation by raising interest rates.

Vince Lanci joins me to discuss the Gold market and three things. He informs us the details of the contract rollover last week that caused Gold to jump $40 on some trading platforms. He also discusses the three reasons why Gold is holding up well and then what will...

Let’s start with this, courtesy of the “It’s Not About Us Dept.” A week ago we herein thoroughly vetted the state of these Big Three eventualities:  Gold’s stop, Fed’s pop, S&P’s flop. Thus in the spirit of the late, great Meatloaf:  ““Two Out of Three Ain’t Bad...

Last week I covered Barron’s Confidence Index (CI), the yield spread between Barron’s Best Grade (BG) & Intermediate Grade (IG) Bonds, where I noted yields for BG were always lower, as they offered lower risks to bond holders. So, since January 1934, for the...

Rate hike concerns are weighing on precious metals markets this week. The Federal Reserve lifted its benchmark funds rate by a quarter point as expected on Wednesday. Many investors had been looking for central bankers to signal that would be the final hike of the...

Current data supports overall higher gold prices. Our ratio is on a sell signal. Trend is DOWN for USD. Trend is UP for gold stocks. Trend is UP for gold.