Gold Editorials & Commentary

Mainstream analysts seem convinced that global central banks are moving aggressively to tackle inflation, maybe even going too far. After having believed until recently that the spike in prices was only transitionary, central banks insist now that they will restore...

Matthew Piepenburg returns on the show to discuss why he believes there is still more economic pain ahead. He also mentions that more time is needed before seeing a sustainable rally in the Gold & Silver markets.

Making such an absolute statement may sound bold; even arrogant to some. There is, however, perfectly sound fundamental reasoning underlying the claim. So before you dismiss it out of hand, hear me out.

America’s impaled stock market investors finally got a bit of a rally.  Ominously, they seem far more concerned about stopping the Fed’s tiny rate hikes than stopping the growing number of homegrown terrorists who enjoy shooting their children.

The Great Depression came about when the Progressives’ newly-spawned Fed, having first greatly increased the quantity of money throughout World War I, again increased the quantity of money throughout the 1920s, by 62 percent (for details on figures, see table below...

The best performing precious metal for the week was silver, up 6.58%. Silver ETFs saw inflows last week for the first time in almost six months as short interest retreated from 10-year highs. The outflow of physical silver from vaults also continued in September...

Positive divergences within a downtrend are important because they can precede a bottom and trend reversal. Our most recent editorial noted some positive divergences in the gold market.

he Federal Reserve finally stopped referring to inflation as “transitory” earlier this year and got serious about trying to control the painful rise in prices it has caused. Officials have jacked the Fed funds rate up by 3% since March.

For more than a year, the US dollar has been gaining strength relative to other currencies, including the euro, yen, yuan and Canadian dollar. On Sept. 1 the US Dollar Index (DXY) hit a 20-year high, and as the chart below shows, the index has been risen steadily...

The seemingly strong rally that ended the week merely balanced out three days of bland weakness that had preceded it. In the S&P 500, the upthrust steepened by the hour but ultimately failed to surpass any important prior peaks.

Joining us today is the gold expert John Butler; we discuss the history of money, the Fed's rate hike, investment strategies, and the Gold and Silver outlook going into 2023.

With the early failure of the summer rally at 1,807 USD, the outlook for the gold market quickly deteriorated again since mid-August. As a result, the bears were able to push gold prices without much resistance below the important support at 1,680 USD.

Long-time readers of The Gold Update may remember this quip per a metro station billboard: "A Lot Can Happen Between 9 and 5" --[The San Francisco Examiner, circa 1980s]. And 'tis perfectly apropos to that which was written in Friday's Prescient Commentary quite...

Our proprietary cycle indicator is UP. Gold sector is on long term SELL signal. Long term – on SELL signal. Short term – on mixed signals. Gold sector cycle is up. COT data is supportive for overall higher prices.

China is facing several economic problems right now. Will gold benefit from them? The country was to become the biggest economic power that would dethrone the United States. Its pace of development was impressive and practically without precedent: in 1980-2010, the...

Option expiry day is today and how the markets close out the week is important.

The euphoric US dollar’s epic parabolic surge over this past half-year continues to sorely vex gold.  The dollar’s vertical march to extreme secular highs spawned heavy gold-futures selling, slamming gold.  The resulting lower gold prices have scared away investors...

As the Fed fights the last war (on inflation) the result is a rare thing; a bear market haven called cash, paying increasing income.

We are joined by Gary Wagner of The Gold Forecast to discuss his recent comments regarding Gold and Silver, where he says there is "Blood in the Streets." Furthermore, we talk about CPI numbers, inflation, Gold heading east, the Housing Market, and more.

While the Federal Reserve is hiking interest rates and hedge funds are selling paper gold and silver, physical metal continues to flow to the east.

Over the past couple of months, since the posting of my article Gold Charts - $1450 the price of gold has done nothing to indicate a change in direction or reversal of any consequence.

To paraphrase a famous Pink Floyd song, I wish you weren’t here, inflation! The CPI increased 0.4% in September, after rising 0.1% in August, according to the Bureau of Labor Statistics. The move was slightly higher than expected and occurred despite a 2.1% decline...

Sentiment is a funny thing. Fear and greed are two very powerful motivators and markets trigger these emotions in people like nothing else. Prices move and people react emotionally; the more they move the more they react and this dynamic manifests in various ways....

Patrick Karim returns to the show to discuss his article, "Death Of US Equities." We also review the latest trends in the Silver, Gold, and Bitcoin markets.

Although gold had the conditions to rest for a while and fall only a little, it chose a more radical path and hit new monthly lows. Can it move lower?

One can’t emphasize enough how dangerous the current macro setting is in the wake of a deliberately strong and illiquid Dollar. Biden, of course, says not to worry. We say otherwise.

Over the last few months, we have written several articles outlining our views of banks in general. We explained the relationship that you, as a depositor, have with your bank is in line with a debtor/creditor relationship.

Every natural element with which the earth has been endowed has a usefulness—a purpose. If we listen to gold, its message is loud and clear—gold is money. To serve as natural money is gold’s highest purpose.

If US pump gas has a reasonable price and the stock market is in rally mode, American president “Jackboot Joe” Biden can continue his hideous warmongering in faraway lands… and most US citizens will not complain.

This past week did not go exactly as most expected... did it? On October 11, just two days before the CPI number was announced, Bloomberg ran an article entitled, “JPMorgan Says Too-Hot CPI Would Put Stocks at Risk of 5% Tumble.” And, they were not the only one.