Gold Editorials & Commentary

Gold bugs are closely watching what happens with Treasuries. Last year, the gold price hit a record high of $2,034/oz, largely due to the fact that investors were piling into bonds as a safe haven against pandemic-related uncertainty. A descending US dollar and...

Gold rallied visibly yesterday as the USD Index gave away some of its Friday’s gains, and this sparked questions about whether this is actually bullish for gold. And rightfully so, after all, if a given market reacts to what it shouldn’t react to, it often tells us...

By signing sound money legislation today, Arkansas Gov. Asa Hutchinson has officially ended sales taxation on gold, silver, platinum, and palladium bullion and coins– thereby setting an example for legislators in New Jersey, Maine, Ohio, and Tennessee, who are still...

Last week was full of big events. The FOMC released its newest statement on monetary policy meeting, while Powell held the press conference. On the same day, President Joe Biden made his first speech to Congress . Let’s take a look at his words.

In other words, how much is gold really worth? If we believe that gold is money, then we likely will have a different opinion or expectation than someone who sees gold as an investment; or someone else who deems gold to have no useful value.

The USD Index let out a roar heard across all markets. The king of the financial jungle arrived, along with the greenback’s largest single-day gain.

So the end of April came and is now gone and we have entered the merrie month of May, with good memories of what had happened at this time last year. The question whether the short squeeze of silver is coming in to play is still open, but there should be a few...

Last week's trading saw gold holding in consolidation mode for the greater-majority of the week, before forming both its high and low in Thursday's session. The high was made at the 1789.90 figure (June, 2021 contract), before dropping down to a bottom of 1754.60....

Let's admit it right off the top: Gold did not reach our anticipated near-term target of at least 1800. "Well the week's intra-day high of 1790 was pretty close, mmb..."

The Dow Jones lacked one important item last week; a little excitement.  In fact, that has been true for the past two weeks.  That’s how it goes sometimes.

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 comes to an end

During the past week, we had to endure yet another Fed Open Market Committee (“FOMC”) meeting during which we were spoon fed ample dollops of hopium sprinkled with equal portions of hubris and deception. As the “prepared remarks” were being delivered in...

Gold sector remains on long-term BUY at the end of April. Gold has found major support, and next resistance is at 1950.

Recently, my colleague, Egon von Greyerz, and I had some unabashed yet blunt fun calling out the staggering levels of open hypocrisy and policy desperation unleashed by former Fed Chairman, Alan Greenspan.

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

Although spring has begun, we can still find ourselves in winter, or even summer. Gold may benefit from such a seasonal aberration. Oh, how wonderful, spring has finally started, hasn’t it? We have April, after all. Well, in calendar terms, it’s indeed spring, but...

Gold investment capital flows are a primary driver of gold-price trends, fueling both major uplegs and corrections.  Massive outflows from dominant gold exchange-traded funds really intensified gold’s recent extended correction into early March.  But gold’s young...

Gold started its decline without anyone’s assistance. And when the USDX takes off, that downhill tumble can only increase. The USDX declines and the precious metals sit by idly, twiddling their thumbs. If they had the strength that’s being talked about, they should...

“March 2021 Producer Prices exploded across the board, with record levels of annualized First-Quarter 2021 Inflation of 8.99% for Total PPI-FD, 16.04% for PPI-FD Goods Sector and 5.62% for PPI-FD Services Sector (BLS)…On the more-meaningful Goods side, Energy and “...

Modern Monetary Theory or MMT, as it's better known, is a recurring theme that's not likely to go away. However, there's nothing modern about it, it's not about money (it's about currency), and it's no longer a theory.

On Wednesday (Apr. 28), the FOMC has published its newest statement on monetary policy . The statement wasn’t significantly altered. The main change is that the Fed has noticed the progress on vaccinations and strong policy support, and that, in consequence, the...

 “Survivalism,” wrote Evan Osnos in a 2017 article for The New Yorker, “the practice of preparing for a crackup of civilization, tends to evoke a certain picture: the woodsman in the tinfoil hat, the hysteric with the hoard of beans, the religious doomsayer. But in...

The expectation for a much higher gold price resulting from huge money creation by the Federal Reserve is shared universally by investors, analysts, and others.

Q1 saw gold demand of 815.7t. Strengthening consumer demand mitigated the impact of ETF outflows as global economies continued to recover.

Although we tend to focus more on the fundamentals here at Money Metals, the technical indicators can offer important insights. Such as right now.

“Read my lips: No New Taxes” Bush Sr said in his acceptance speech for his nomination in 1988 when he promised no tax rises. As most politicians, he didn’t keep his word. In the 1992 campaign Clinton made a devastating attack on Bush’s pledge and the rest is history...

Even the smallest moves can be of utmost importance to a number of investors. This time, the USDX was the one to give a subtle nod to the upcoming changes.

The past year has been a remarkably interesting time for precious metals and especially for silver. The metal had spent many years in the shadow of its “big brother”, but it made an impressive, roaring comeback that grabbed headlines and mainstream interest. 

It can be persuasively argued that the bull era for gold has been here since the beginning of civilization.  The D-grade track record of government money against gold, silver, and now crypto… is indisputable.

The S&P GSCI Index is strongly correlated with the price of gold. When the USDX goes up, the former does the exact opposite - and gold may follow.