Gold Editorials & Commentary

The Government and the Federal Reserve are exploiting the virus crisis to implement another bailout – or attempted bailout of the “Too Big To Fail Banks.”  The stimulus Bill approved 96-0 by the Senate gives the Fed a $454 billion taxpayer funded “slush fund” for...

There’s more evidence finally surfacing in the media of the dire energy predicament the world is now facing.  The negative ramifications of peak oil and the falling EROI were going to hit the world economy within the next 2-5 years, but the global contagion has sped...

The past few weeks have brought unprecedented volatility to the bullion market. In addition to wild swings in spot prices, Money Metals has experienced a massive surge in demand and extreme strain on supply, leading to a spike in premiums (on both bids and asks).

On Monday, the Fed pulled out an even larger bazooka than it did previously. Or, forget about the bazooka. The US central bank has gone nuclear! Indeed, the US central bank announced extensive new measures to support the economy. On March 15, the FOMC had announced...

The gold futures contract lost 1.65% on Wednesday, as it retraced some of its Monday’s – Tuesday’s rally after Sunday’s Fed unlimited Quantitative Easing announcement. Yellow metal has retraced all of the recent sell-off, as it got back close to March 9 medium-term...

In this last segment of our multi-part research article, we want to highlight our expectations of the Covid-19 virus event and how the next 6+ months of global market activity may play out.  We've covered some of the data points we believe are important and we've...

Headline’s gone wild today. For example, one public gold company CEO tweeted: “Today, some banks failed to deliver physical in the COMEX bar EFP. As a result, these banks suffered large losses…There remains a big shortage in physical in the COMEX denomination. So,...

Today, the global gold spot markets broke down as prices varied considerably from the different exchanges.  Moreover, U.S. Mint sales of Gold and Silver Eagles surged again this week. Gold Eagle sales are so strong in March; they jumped 1,700% compared to February...

Yesterday really did not happen. How could we have seen a 10% rally when there was nothing to cause it? Did we see an announcement about the eradication of the coronavirus? No. But, we did get more news of rising numbers of infected.

In the 1960s, French politician Valéry d'Estaing complained that the United States enjoyed an “exorbitant privilege” due to the dollar’s status as the world’s reserve currency. He had a point.

I said yesterday morning that amidst all the Corona War mayhem, a move over $1550 for gold would be incredibly positive. The spectacular gold chart.$1550 is now support!

Many times a day, we are asked what we think will be the impact on gold prices of the enormous money-printing by the Fed. We think the impact is much greater than you might imagine because it is in combination with huge fiscal stimulus. In a nutshell, we think the...

If the title of this article is in any way disturbing or seems incorrect to you, then I sincerely recommend that you read it through carefully and completely. It was written for your benefit. People are obsessed with the price of gold. That is not surprising, given...

The best performing metal this week was gold, down just 2.04 percent. BullionStar, a bullion dealer in Singapore, has seen a record number of orders, order revenue and number of visitors to its center over the past month, according to a post on its website and as...

A huge spike in demand for physical precious metals has decimated available dealer inventories. The vast majority of gold and silver coins, rounds, and bars are either out of stock or come with extended shipping delays.

The gold futures contact gained 5.59% on Monday following Sunday’s Fed unlimited Quantitative Easing announcement. Yellow metal has retraced almost half of its recent sell-off, as it got back above the $1,550 level yesterday. Today, gold is extending that short-term...

The price of gold dropped $31…and that of silver fell even more by proportion, $2.14. The gold-silver ratio hit a hit of over 126 before closing the week around 119. This exceeds the high in the ratio last hit in the George H.W. Bush recession.

In times of expansion, it is to the hare the prizes go. Quick, risk taking, and bold, his qualities are exactly suited to the times. In periods of contraction, the tortoise is favored. Slow and conservative, quick only to retract his vulnerable head and neck, his is...

Traders consult higher timeframes so as to get a big picture view that filters out some short-term noise. So, what story does the monthly gold chart tell?

The paradigm shift I spoke about last year is unfolding before our eyes. Precious metals are likely to emerge from the global COVID-19 crisis as the premier asset for investors. 

While stocks dominated headlines, gold quietly performed. “For twelve consecutive years, gold was up every single year whether there were inflation fears, deflation fears; strong dollar, weak dollar; political stability, political instability. It didn’t matter –...

The gold futures contract gained 0.36% on Friday, as it continued to fluctuate following the recent sell-off. Yellow metal fell the lowest since late November of 2019 on Monday a week ago. Since then it has been fluctuating along $1,450-1,550 range. Today gold is...

The outbreak of COVID-19 has brutally reminded people of the risk of a pandemic. However, investors should never panic but look to history as a guide. We invite you thus to read our today’s article, which provides an important analysis of the history of pandemics...

So, how many of you followed reckless bulls into this mess? I know many of you took me to task for missing some of the rally in the SPX.  But, as I had been trying to warn you, the IWM and the EEM, as well as a host of other charts, were warning me that something...

Given what’s happening in the markets, it’s time to look at the history of crashes in gold and silver. And just as important, to see what message we can glean about their recoveries.

After a decline of 923 points in four weeks – mostly in 3 weeks --  SPX shot straight up 230 points in one day.  This market is not for the faint-hearted!  After some volatile hesitation it is expected to continue its progress to 2800.

Last week's trading saw both the high and the week registered in Monday's session, with the high coming in at the 1574.80 figure - before dropping sharply down to a intraday session low of 1450.10. From there, a basic sideways consolidation was seen for the balance...

The ebbing tide which lowers all boats as the great Black Swan paddles past -- displacing to the downside just about everything but the Dollar -- is doing the damage quite similarly to what we witnessed back in the 2008/2009 credit demise. Our BEGOS Markets (Bond / ...

Rick Rule of Sprott USA and Maurice Jackson of Proven and Probable explore the effects of coronavirus on the precious metals markets and the best ways to invest in a recession.

The Dow Jones (my proxy for the broad stock market) continues deflating.  Last week the Dow Jones closed at a BEV of -21.54%, this week it closed at -35.12%, an additional 14 BEV points into what I believe will ultimately prove to be a historic bear market.