Gold Editorials & Commentary

Here are today's videos and charts.

Is gold in the midst of a supercycle? A Wells Fargo analyst thinks so. Gold has had quite a bull run in 2024. The yellow metal is up over 21.6 percent this year, ranking among the best-performing assets. Along the way, it has hit new all-time highs more than 20...

As the West exploits the dollar-based global financial system to crack down on its perceived enemies, Russia is building its own workarounds... using physical gold and oil.

In a typical healthy market, the yield curve (typically the spread between the US 10-year Treasury note and the 3-month or the 2-year note) shows lower returns on short-term investments and higher yields on long-term investments. This makes sense, as investors earn...

As we approach this year's BRICS meeting next month in Kazan, while reports of a 40% gold-backed 'Unit' payment settlement currency continue to emerge, Russia has just announced that they are allocating $1.9 billion for gold and foreign currency purchases over the...

Today’s decline is significant not only because it confirms the post-U.S.-Labor-Day tendency in gold, but also because it’s another step toward creation of a bearish head-and-shoulders top formation.

According to Bidenomics, it’s new construction everywhere and robust consumers. Yet, today, as the tech sector in US stocks saw shares slammed down around 4%, NVIDIA, which so many stock promoters said could not see a collapse like the dot-com bust, fell almost 10%...

In the latest episode of Money Metals’ Midweek Memo, host Mike Maharrey explored two key financial topics: the surge in central bank gold purchases and the historical perspective of the Federal Reserve's balance sheet activities, with a focus on inflation.

Gold continues to trend sideways against the 60/40 portfolio. But that could change over the months ahead.

On an annual basis, global silver supply generated by mines seems to have run into a ceiling of about 1 billion ounces. Supply has essentially flat-lined over the past several years.

According to some “experts,” there is an urgent need to remove cash from the economy. It is held that cash provides support to the “shadow economy” and permits tax evasion. Another justification for its removal is that, in times of economic shocks, which push the...

Central bank gold buying more than doubled in July, as policymakers showed a continued commitment to increasing the percentage of yellow metal in their reserves. 

Vince Lanci provides reasons why Gold might selloff in the next week or two but otherwise is in excellent standing. We discuss the recent margin changes for Gold & Silver, what could transpire after the first rate cut and more.

The gold price has dropped every September since 2017, with an average decline of 3.2% over the month. And September has also commonly been one of the worst months for stocks, with an average decline of 1.5% in the S&P over the past decade.

Gold’s record-setting rally above $2,500 an ounce looks to have further to run as the Federal Reserve prepares to chop rates, traditional drivers such as lower yields return, and Western investors pile back in.

Is the Fed making another mistake? The next Fed meeting and interest rate decision is scheduled for September 18. Analysts in both the gold and mainstream investing communities feel that rate cuts should have already happened, and the central bank is “behind the...

It was always inevitable that the GOLD price would reach $ 1 million! So, now we are there. The price for a 400-ounce gold bar has now reached $ 1 million.

A “commodity supercycle” is a period of consistent price increases lasting more than five years, and in some cases, decades. The Bank of Canada defines it as an “extended period during which commodity prices are well above or below their long-run trend.”

The miners are at multi-resistance and Gold, while trending higher has not ignited or accelerated yet. With Silver lagging Gold, the sector could correct.

We're approaching what's traditionally known as gold 'sell-season.' Although as Vince Lanci explains in this morning's show, there's a chance we won't see the normal pattern repeated this year.

There is a reason why the cartel manipulation in Gold broke when they were unable to get gold below $2,000.

Elliot Wave Analysis of key markets.

As trading wraps up for the month of August, the gold market is set to record its highest-ever monthly closing price. Gold defied expectations, in some circles, of a summer slump. The question seems to be how high the monetary metal will go heading into the fall.

The Dow Jones this week made four new BEV Zeros, four new all-time highs in its Bear’s Eye View (BEV) chart below.  Since last November when the Dow Jones entered scoring position (BEVs spanning from -0.01% to -4.99%), and for the most part has remained there these...

2024’s second quadrimestre is now complete.  So let’s start with our title’s second phrase “GDP Defies Belief”.  For Q2’s annualized GDP growth rate was just raised from an improbable first estimate of +2.8% to now an impossible second estimate of +3.0%.

Our proprietary cycle indicator is DOWN. Trend is UP for gold. Trend is UP for gold stocks. Trend is DOWN for USD.

In a recent episode of the Money Metals podcast, host Mike Maharrey sat down with Philip Newman, Managing Director of Metals Focus, to delve into the current state of the global precious metals market. 

I ran across a post on X by financial planner Charlie Bilello about the trajectory of the Federal Reserve balance sheet. It pointed out that the balance sheet is 20 percent below its April 2022 peak, “the largest drawdown on record.”

Gold is finishing one of its most-defiant summers in memory.  Gold rallied to new record highs in recent months despite odds stacked against it.  Gold was extremely overbought heading into summer 2024, its primary drivers weren’t performing well or really favorable...

Here are today's videos and charts.