Gold Editorials & Commentary

I’ve suggested that gold investors need to be prepared to watch gold dip below $1800 (and perhaps as low as $1566-$1450) before an enormous rally towards $3000 gets underway.

I tried to warn gold bugs that this was likely to happen, that the intermediate cycle was getting late. This last rally failed short of making a new higher-high. The rally did not do what it needed to do. Gold is not just ready yet to "go to the moon" despite what...

With Fed Chairman Jerome Powell officially reappointed for a second term and Fed Governor Lael Brainard promoted to Vice-Chair, the chess pieces are now in place atop the FOMC. However, with inflation surging and the Fed materially behind the curve, the central bank...

Will the American spending spree ever end? On Monday last week (November 15, 2021), President Biden signed a $1 trillion infrastructure package, and just a few days later, Biden’s social spending bill worth another $1.75 trillion passed the US House of...

Dan Oliver joins us to explain economic history: This is not a new scenario. Many societies have been down this path before. Looking at the examples of history will help you understand the coming events.

Why the gold price crashed yesterday: Re-nomination of current Federal Reserve chairman Powell for a second term implies policy continuity. Inability to trade over $1850. US dollar Index continues to rise. Crude oil trades with a softer bias. Inflation expectation...

Before you begin reading this article, I want to warn you that it is quite lengthy and also recaps some of our analysis over the past 20 months. So, if this will offend you or you don't want to hear that, feel free to stop reading right now.

The facts keep piling up, and recent BIS, Treasury and Fed reports confirm that all twisted paths lead to gold. In a recent article, I posed the rhetorical question of when will policy makers finally stop lying and allow honest facts and natural market forces to...

While the dollar is on a tear, precious metal stocks have gotten away with it lately. But how long will their resistance last? After the USD Index’s negative response to the ECB’s monetary policy meeting on Oct. 28, I warned on Oct. 29 that dollar bears were...

We have just entered those days of heady inflation that I have said will kill the stock market and bond funds. There is a tipping point at which inflation and the interest changes that respond to inflation matter, but it has never been a clearly defined point.

So far, at least, increasing inflation does not in the least seem to be of a ‘transitory’ nature. In fact, it could be speeding up. Also so far, there is no noticeable decrease in the printing of dollars. The number of Covid-19 cases is declining, even more so in...

In today’s video, I’m talking about the recent performance of gold stock prices (GDX ETF) - and I’m providing my forecast for the gold stock prices in the following weeks. And as I outlined last week – the outlook is bearish.

Last week's action saw Gold forming its high in Tuesday's session, here doing so with the tag of the 1879.50 figure. From there, the metal turned weaker into late-week, here dropping down to a Friday low of 1844.20 - before bouncing just slightly off the same into...

As time is at a bit of a premium for penning this week's missive, (even as Gold is priced at a massive discount by valuation), let's jump right in. The macro question at large we oft receive is: "How come Gold isn't much higher with all the money printing?"

Before I begin, let it be known that I am fully-aware of all the snickering and whispering that goes on whenever I proceed to recount one of my “stories” from years gone by.

The Dow Jones closed down from last week, but not by much.  Which is a bit amazing, as in the last nine NYSE trading sessions, the Dow Jones closed up for the day in only two, and down for seven of them.  And after two weeks of that, the Dow Jones closed the week...

Despite Newton's tremendous intelligence and experience, he fell victim to the bubble along with the vast herd of credulous greedy punters.

Our proprietary cycle indicator is UP. Gold sector is on long term SELL signal.

Precious metals markets pulled back a bit this week as the U.S. dollar strengthened versus foreign currencies. In other markets, the rising dollar index put downward pressure on crude oil and gasoline futuresthis week. Consumers who have been experiencing pain at...

Some economists downplay the risk stemming from elevated inflation, saying that comparisons to the 1970s style stagflation appear unfounded. They say that labor unions are weaker and economies are less dependent on energy than in the past, which makes inflationary...

The mid-tier and junior gold miners in their sector’s sweet spot for upside potential have been powering higher recently.  They’ve blasted to several major breakouts after getting bombed out during gold-futures speculators’ taper tantrum on Fed-tightening fears last...

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

In 2001, the American Farm Bureau said the cost of the average Thanksgiving dinner was $35.08. Naturally, those costs, as well as gold and silver prices, have fluctuated over the past two decades.

Peter Grandich says Bitcoin is too risky. He is buying Gold, Silver & Copper. Also, be careful in this market. The downside risk is HUGE and the dangers are everywhere.

In a classic Monty Python sketch, nobody expects the Spanish inquisition. In the current marketplace, everyone expects high inflation. As the chart below shows, the inflation expectations embedded in US Treasury yields have recently risen to the highest level since...

The buoyancy of markets in recent years has lulled central bank heads into a false conviction that they had saved the world after the 2006-9 Great Financial Crisis. But central bankers continue to navigate like drunken sailors between the evil forces of Scylla and...

Consumer spending is up! This is being touted as a great sign that the economy is improving by many on the financial game shows. It is my opinion that spending is up for many reasons but that none of them have anything to do with an improving economy.

Most gold bugs think that a gold standard will solve our inflation problems. While it is true that gold acts as a restraint on governments and central banks desire to create and control money, it does not mean that inflation cannot happen just because gold is the...

Crypto enthusiasts would be wise to stop comparing crypto to gold. They should do the right thing… and just buy some gold. Please click here now: I like a mix of gold, silver, miners, stock markets, real estate, and crypto for my own portfolio, with the biggest...

If the dollar goes through a corrective downswing, it’s more bullish for gold? Not if a decline in the euro caused gold to rise in the first place.