Gold Editorials & Commentary

Sturdy central bank gold buying since 2009 and a rising gold price has grown the precious metal’s share of global international reserves to the detriment of fiat currencies. By the end of 2023 gold surpassed the euro and the next fiat currency to be challenged is...

Notwithstanding +23 points of fresh premium as COMEX Gold rolls from the June contract into that for August, there’s no mistaking price having formed a classic near-term double-top. 

As the criminal conviction of former President Donald Trump dominates the news cycle, investors have to be asking themselves whether the upcoming election will be anything like normal.

The last two weeks have been hard on the bulls, still at this week’s close, the Dow Jones closed in scoring position, or where its BEV value is somewhere between -0.01% and -4.99%.  So what?  Only that if someone is bullish on the stock market, at the close of this...

Our proprietary cycle indicator is now DOWN. Current data favors overall lower gold prices. We are now partially short.

Did the U.S. government really try to confiscate Americans' gold? The short answer is... well, there isn't a short answer. It's a complicated subject with more nuance than most people give it. Yes, President Franklin D. Roosevelt did try to take most of the gold out...

In a recent episode of the Money Metals Exchange podcast, host Mike Maharrey interviewed economist Dr. Peter St. Onge. The two discuss St. Onge’s early success and subsequent financial loss during the dot-com boom, the recurring nature of economic cycles, and the...

Louisiana Gov. Jeff Landry has signed a new law reaffirming gold and silver as legal tender, making a symbolic statement in favor of sound money principles.

The Reserve Bank of India recently brought a little over 100 tons of gold home. And more gold may be heading back to India in the near future. The Indian central bank repatriated the gold from vaults in the UK.

After getting off to a slow start in this upleg, gold miners’ stocks are beginning to catch up with their metal.  Gold stocks lagged dreadfully early on, but are increasingly outperforming in gold’s remarkable breakout surge of recent months.  These mounting gold-...

The markets are suddenly wild again! Oil is gyrating, the Dow is crashing, and silver looks like the Rock of Gibraltar! Here are today's videos and charts.

Gold swaps undertaken by the Bank for International Settlements appear to have risen slightly in March and April, according to the bank's monthly statements of account for those months, both published this week:

This episode of Money Metals' Midweek Memo, hosted by Mike Maharrey, delves into the impact of government actions on the economy, the role of the Federal Reserve in inflation, and the strategic importance of investing in gold and silver.

Last month, Zimbabwe officials introduced a gold-backed currency in an effort to stabilize the country’s economy. At the time, I warned that a gold-backed currency would be a great step, but that it wasn’t going to solve Zimbabwe’s problems unless the government...

There is a history of precious metals diverging from the stock market (cyclically) and it has occurred during stagflation and around the start of secular bear markets in stocks.

While China and the global central banks continue to accumulate gold, the US and the western countries have continued to accumulate more debt.

Back-and-forth movement. That’s what we’ve been expecting. And that’s exactly what we see in gold. Today, we see the “forth” part as the yellow metal erases its recent gains. Just as the daily upswings didn’t really matter, today’s decline is of little meaning, as...

President Biden recently raised taxes on American consumers and businesses and may have hastened the end of the dollar’s world reserve currency status. President Biden did this by increasing tariffs on Chinese imports.

While gold and silver prices have rallied over the past 3 months there's been a lot of coverage about how much gold China and the central banks have been buying.

As hopes for rate cuts fade, metals markets are giving back some of their recent gains. On Wednesday, minutes from the Federal Reserve’s latest policy meeting showed central bankers are frustrated by the lack of progress on inflation. After several months of...

If you listen to government officials and central bankers talk about price inflation, you might think they don’t have the foggiest idea of what caused it. It might have been supply chain problems, or perhaps it was Putin’s fault. Maybe greedy corporations are...

The best-performing precious metal for the past week was silver, but still lower by 2.32%. Scotia views the Ontario Teachers Power Plan deal as positive for New Gold shares—not only is the deal structure financially accretive by their estimates, but it increases...

After a tepid March and April, Indian gold demand surged during an important May festival. India ranks as the second-largest gold market in the world behind only China.

The money supply is rising again, and persistent price inflation is not a surprise. Price inflation occurs when the amount of currency increases significantly above private sector demand. For investors, the worst decision in this environment of monetary destruction...

The metals rally took a breather this week, with gold, silver and copper all showing five-day declines as of this writing on Friday, May 24. The pullback was expected given what happened on Monday.

Gold reversed lower after a false new high, losing 3% on the week. Silver and the miners held up better, losing 2.5% and 3%-4% respectively.

In today's short little video I'm going to just take a look at metals. They're still doing more or less what I expected.

Elliot Wave Analysis of key markets.

For most of us who understand what gold is (and, what it isn't), gold continues to perform as reasonably expected. Or, rather, its price continues to reflect the ongoing loss of purchasing power in the U.S. dollar. Gold, itself, isn't doing anything at all. (see Not...

Is the bull market about to come crashing down, or will we have to wait until autumn when such disasters traditionalllllllly occur? I’m a traditionalist myself and expect the bear that’s coming this fall to usher in America’s umpteenth panic and sixth full-blown...