Gold Editorials & Commentary

Since late March, I’ve been tracking what seems to be a bottoming process in gold, after a substantial correction since last August.

Gold rebounded after an initially bearish reaction to the BLS report showing that inflation soared 4.2% in April year-to-year. This means we have an inflation annual rate doubling the Fed’s target and the highest since the Great Recession.

Although Gold has continued to drift downward after reaching a peak near $2089.20 in early August 2020, our Custom Gold Inverse Trending Index suggests this weakness has actually built a very strong momentum base – preparing for a big move higher.

Easy choices lead to a hard life (or at least losses), and because gold’s downside move is delayed, it’s extremely easy to be bullish on gold right now.

We’ve written elsewhere about the ironic over-use of logic to justify otherwise illogical biases. As Swiss-based precious metals professionals who see physical gold and silver as currency protection outside of an openly illogical (and dangerously fractured) banking...

Sell off in bitcoin and crypto currencies suggest gold and silver will now be able to break past key resistances of $1878 and $28.00. There will be a very quick rise on a break of these resistances.

There is some evidence that we are still in the bull market which started in 2009 and which could continue into the first half of 2021 before major cycles take over and it ends.  A move past 4500 is possible before the current bull market makes a final top and SPX...

The Cold War ended with the dissolution of the USSR and for a long time afterwards the US remained the sole dominant presence in the world. Then two things happened to begin to change the world order. First was the rise of China and over a similar time frame, the US...

After updating my macro-market outlook report for subscribers, I realized something about Gold. On a historical basis, it remains incredibly cheap. It may seem expensive on the surface, trading near $2,000/oz, but the reality is contrary to the perception.

The Dow Jones made no new BEV Zeros this week, closing Friday 1.14% from its all-time high of last Friday. On Wednesday this week it declined 3.42% from last Friday, before recovering later in the week. None of this is startling to the bulls. And I agree nothing has...

Welcome to our 600th consecutive Saturday Edition of The Gold Update. "Ain't missed a one, hon!" And to all of our valued readers, linkers, publishers and broadcasters across the past decade and 'round the world, our humble and heartfelt thanks. You are why we've...

For many of those following the writings of this “dithering old fool” that continues to hold an unfailing conviction in the strategic importance of gold and silver ownership in an otherwise out-of-control fiscal and monetary world, let me tell you a story about the...

If you’ve been waiting for signs of the apocalypse, look no further. Because the CFTC has actually responded to Marcus’ comments, in this shocking #silver update!

Our proprietary cycle indicator is up. Gold sector remains on long-term BUY at the end of April. Gold sector cycle is up, be long and stay long.

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

Coming up we’ll hear part 2 of a recent interview Money Metals President Stefan Gleason gave with Palisades Gold Radio. Stefan discusses dealer and investor harassment laws maintained by certain states, talks additional sound money initiatives at the state and...

The gold miners’ stocks have powered higher in recent months, solidifying a strong young upleg. But the extended-correction low leading into this latest rally has left sector psychology fairly bearish. Traders are skeptical about gold stocks’ upside potential, wary...

Junior miners may soon suffer a breakdown of the short-term support line. So, what’s responsible for their underperformance of gold and stocks?

The optimism about the pace of economic recovery from the 2020 recession is growing. The analysts race in upward revisions of GDP growth in the coming quarters. For example, the IMF – in the April 2021 edition of the World Economic Outlook – expects at the moment...

Yesterday’s headline inflation number of 4.2% per year shocked most observers. It didn’t shock me, and it wouldn’t have shocked Milton Friedman either. We know that money dominates, but our monetarist perspective is not held by most.

Janet Yellen said the following last week… “It may be that interest rates will have to rise somewhat to make sure that our economy doesn’t overheat” Later that same day, she said this…

Unbelievable! The “non-existent” inflation keeps getting stronger. The CPI increased 0.8% in April, after rising 0.6% in March. The pundits cannot blame energy prices for this jump, as the energy index decreased slightly. This shows that the surge in inflation wasn’...

As the Biden administration showers the nation in debt-funded handouts and federal bailouts, new concerns are emerging as to the likelihood of a “Great Reset” in the value of our currency. However, this potential dollar rout has been in the making for many years.

I’m not saying nothing else can do the job before inflation fully gets here, just that the kind of inflation I’ve been writing about certainly will do it if nothing else does. That’s what terrifies the market and for a very good reason that may not be the first one...

Bull markets climb walls of worries, defying today geopolitical tensions, rising interest rates, record levels of debt and a worsening third coronavirus wave. Stimulus checks sent to consumers have fueled US markets to climb to record levels underpinned by the...

“O Zeus, why is it you have given men clear ways of testing whether gold is counterfeit but, when it comes to fiat money, it carries no stamp of nature for distinguishing bad from good.” ― Euripides & EvG

Gold scored some victories over the past days, but it’s playing a risky game. One misstep and the yellow metal might lose the war.

The US dollar is set to decline toward all-time lows against major foreign currencies by the middle of the decade. The result of trillions of freshly-created dollars by the Federal Reserve for Coronavirus stimulus programs and bailouts is going to be felt primarily...

Though we've seen this trick countless times over the years, it never gets less frustrating. However, with a summer rally pending, this latest Bank effort might be instructive.

Fiat and government are perhaps best described as failed financial relics of a monetary stone age. Gold is of course the world’s ultimate money.  The more ounces a person has, the more money they have.  It’s really that simple and… it’s really that awesome!