Gold Editorials & Commentary

Not only are we seeing a shift in the way gold is being used as a store of value, but we continue to see a change on how the gold is being stored.

History will reflect on Gold’s breakout in March from a 13-year cup and handle pattern as extremely significant and the major turning point for a new secular bull market in precious metals.

Global debt has soared to a record $307 trillion, rising by a staggering $100 trillion over the past decade, and now represents 340% of world GDP. This is why there is no easy escape from the upcoming recession.

After a rollicking spring rally, gold has settled into a trading range that seems typical for a summertime slowdown. One indicator is now pointing toward a big surprise soon, however.

Central banks continued to buy gold in May, but the pace slowed moderately with China at least temporarily out of the picture.

Even with gold setting new record highs earlier this year, and silver finally breaking the $30 level, we still have yet to see US retail participate in the rally in any significant way.

The rush to buy gold in Vietnam and Thailand hasn’t let up despite high prices and long lines. Last month, the Vietnamese government launched a scheme to drive gold prices lower.

The US financial and monetary empire is trapped in a corner. The default is probably not far away. This could be triggered by the next decent-sized crisis.

The gold bull era… what exactly is it?  While silly Westerners worship government fiat and debt-funded bully wars, billions of citizens in China and India focus on “going big” with saving…

​​​​​​​The World Gold Council has released their Mid-Year Gold Outlook report, providing a comprehensive overview of gold's stellar performance and future outlook. Gold has had a standout performance in 2024, appreciating by 12% year-to-date (y-t-d) and...

Gold erased some of Friday’s losses as the dollar weakened. The precious metal edged up to trade above $2,320 an ounce. Prices fell the most in two weeks after strong U.S. services activity highlighted the potential challenges in cutting interest rates. Higher rates...

Even Nigeria is now bringing its gold reserves home to keep it safe from the West. According to a report by The Star, Nigerian officials decided to repatriate the country’s gold in April “to mitigate risks associated with the weakening U.S. economy.”

For the second time in less than a year, the New Jersey legislature has voted to end the sales tax on purchases of gold and silver coins, bars, and rounds without a single dissenting vote.

The Federal Reserve recently reported the results of its annual economic stress tests for banks. The test supposedly indicates how banks can be expected “to perform under certain hypothetical economic conditions.”

Of all the markets tracked by Rick’s Picks, the dollar arguably has been the most interesting. This might seem paradoxical, given the relatively placid look of the Dollar Index chart above.

Deficit spending is not a growth tool. It is the recipe for stagnation. The latest Congressional Budget Office (CBO) budget and economic outlook estimates show the extent of the challenges of the United States fiscal nightmare.

Generally speaking, the dollar and US bond yields rise and fall together, signaling a positive correlation between the two. Conversely, the price of a bond and its yield are negatively correlated. The lower the price, the higher its yield. A rising yield favors...

There was no big dump or big buying into month end or quarter end for Gold and Silver. The metals and miners remain in correction mode and we require more evidence to give better probability to how the correction plays out and where the bottom will be.

Thursday night we finally had the first presidential debate. So on Friday morning's show Vince Lanci recaps the key takeaways. And explains how what we've learned so far will impact the markets in the months ahead.

And bang on time in stride with our negative near-term bent for Gold — whilst settling yesterday (Friday) at 2337 for a whopping weekly gain of +2 points — on Wednesday, Gold’s anticipated damage was done as price broke below 2320 such as to flip our key 16-week...

Do you like this week’s title above?  I’m sure (hope) it catches lots of attention, but I admit it’s a bit of click-bate for this week.  Still, it’s appropriate as a title, as you’ll discover further down in this week’s commentary.  If Lord Tennyson can write things...

As voters weigh their options for President, investors are weighing their options among the major asset classes. More on that in a moment. But first, let’s check in on precious metals markets.

A colleague recently discovered a website called "WTF Happened in 1971?" The entire main page is filled with charts and graphs. All of them show some kind of significant shift beginning in 1971. There are over 75 of them!

In a recent episode of the Money Metals podcast, host Mike Maharrey engaged in a comprehensive discussion with Axel Merk, President and Chief Investment Officer of Merk Investments. 

Current data favors overall lower gold prices. Gold sector cycle is down.

The PCE Index statistics were released today, and you might wonder what impact they will have on the price of gold. Let’s dig in.

As war wages across their eastern border, Poles seek safety. And they’re finding it in gold. Russian troops stormed across the Ukrainian border on Feb. 24, 2022. It was Fat Tuesday; a day Poles typically line up for jelly-filled donuts called pączki. Instead, they...

The gold miners will soon report what will almost certainly prove their best quarter ever.  Mostly due to Q2’s record-shattering gold prices, gold miners’ earnings should soar off the charts.

The Fed's PCE inflation report could mark the low for gold. Here are today's videos and charts. 

Despite the generally negative attitude toward gold you hear in the mainstream financial media, the vast majority of professional investors in North America own at least some gold and the number has been growing in recent years.