Gold Editorials & Commentary

Early this month, the S&P500 P/E ratio was 52% higher than its modern era average. By this valuation, the market is OVERVALUED. To fall back to the modern era average, the S&P500 would need to plunge  to around $2,200.

As the Dow tumbled 600 points yesterday, GDX and key gold stocks closed slightly higher. Is this the sign of a turn for the miners… a repeat of January to March 2022, when the US stock market crashes and gold stocks soar?

With the USD losing influence, it would be the understatement of the year to say that we live in interesting times, for we certainly do. But despite the inevitable attacks of appearing sensational, un-American or just plain cynical, I feel a more appropriate phrase...

According to the National Bureau of Economic Research (NBER), the institution that dates the peaks and troughs of the business cycles:

People fighting for liberty, limited government, and honest money may have an unlikely ally according to Tom Luongo of the Gold, Goats N Guns blog. He recognizes a split in the monolithic powers running the world. Commercial banks may not be on board with the effort...

Despite all the fanfare and cheerleading you hear in the MSFM, the recent bounce in equity prices has just been a rather pedestrian bear market rally. Bull markets are not engendered by a faltering global economy, very high rates of inflation and the most hawkish...

The best performing precious metal for the week was gold, but still off 3.03%, with the strong surge in the U.S. dollar. Aya Gold & Silver released its first quarter production and financials this week.

Call it a recession or anything else you prefer, but the bottom line is that the prosperity of decades past is not coming back. Thinking expansively about the economy is no longer part of the American mindset, since, as should be perfectly clear to everyone by now,...

It all goes down in the same heap of rubble — zombie corporations and the junk bonds that are their sole life support and, piled on top, some of the banksters that funded them. Like a zombie apocalypse, it spreads around the world, taking out the weakest first but...

Adam Taggart from Wealthion joins the show to talk about when we can expect the fed to pivot and what this would mean for the Gold & Silver Market. We also discuss the latest unemployment news, rate hikes, and more.

Precious metals markets are giving up ground this week as investors react to the latest musings from the Federal Reserve. On Wednesday, the Fed released the minutes from its latest policy meeting. Officials acknowledged some of the warning signs of a weakening...

Can a money printer actually lose money? 100% yes. In fact, the Federal Reserve is now the Federal Reverse, and now has over $1 TRILLION in unrealized losses on its balance sheet.

We've got a pretty convincing rejection from that 200-day moving average.

Many investors like to use price-to-earnings ratios as a short-hand valuation tool for both individual equities and the broad stock market. Most of the time this can be useful but there are also times when it can be very misleading. Typically, those times are at the...

This was a slow week.  It’s difficult writing something interesting about mostly nothing, but I’ll give it my best shot. Nothing much happened with the Dow Jones this week; down by 54.31 from last Friday’s close.  A decline barely visible in the BEV chart below.  ...

Last week's trading saw Gold forming its high in Monday's session, here doing so with the tag of the 1818.90 figure. From there, a sharp decline was seen into late-week, with the metal dropping all the way down to a Friday low of 1759.10 - also ending both the day...

We start edition No. 666 (get a grip) with this Shirelles '61 hit: "Mama said there'll be days like this..." --[Dixon/Denson]. And indeed, oh woe is our Gold!

Gold sector is on long term SELL signal. GLD is on short term sell signal. GDX is on short term buy signal.

Everyone says that the upcoming recession and stagflation will be good for gold. However, will they really? Some doubts also arose in my mind, so let’s investigate them. I, of course, don’t dispute that gold soared in the 1970s. This is a fact which is illustrated...

Here are today's videos and charts.  The videos are viewable on mobile phones as well as computers.

The major gold miners just finished reporting their latest quarterly results, revealing how they are actually faring fundamentally.  This Q2’22 earnings season was particularly important with inflation raging in its first super-spike since the 1970s.  Traders need...

Although gold barely reacted to the July FOMC minutes, the Fed worries about an economic slowdown. That bodes well for the long-term outlook for gold.

History rhymes as people tend to react similarly to similar price changes. What we see in gold right now is a repeat of almost a decade ago.

Very little happened in the precious metals sector yesterday, and practically everything that I wrote yesterday and in Monday’s flagship analysis remains up-to-date. Let’s start with a quick update on the GDXJ’s very short-term chart.

The world economy and especially the political and economic situation today consists of a potpourri of lethal ingredients which will have dire consequences.

Financial writers and gold bulls have both taken their turn at referring to a potential recession as having a positive impact on gold prices. The commentary varies somewhat, but here are a few examples…

The most important question for asset prices right now, from stocks to houses to Bitcoin, is whether we’re due for a recession. Last week we got confirmation that according to the traditional definition of a recession – 2 quarters of negative growth – we are already...

Rich Checkan joins us today to discuss Stagflation, Gold & Silver price, market manipulation, and more!

Can market trends be predicted?  Sometimes they can, but more often not. If prediction is a questionable tool at best, then what tools can investors use to build wealth with reliability?

For the first time in 2022, the FOMC is on track to drain $40 billion from their balance sheet for the month of August.  In the table below, dates are Barron’s issue dates.  So, the week of August 1st was actually the last week of July.  But for the first two weeks...