Gold Editorials & Commentary

In this video we examine many charts to assess the potential for a stock market top.

All the precious metals rose this week, except for gold. Palladium rose 4.17% and silver gained 3.90%. Barrick Gold over the weekend said that the Nevada Gold Mines is "strongly positioned for growth."

Given how gold price is behaving recently, I’d like to start today’s analysis with the chart featuring the price of the yellow metal.

I have argued that despite cranking up interest rates and running some assets off its balance sheet, the Federal Reserve has not done enough to beat inflation.

The US stock market is in need of a correction. Now, will it get one? On the CPI down day I looked at the market and decided to leave well enough alone because of course they were going to gun it to punish anyone shorting that down day on supposedly bad news (...

The U.S. federal government published a December deficit of $129 billion, up 52% from the previous year. The private sector recession is clear as expenses continue to rise while tax receipts decline. If we look at the period between October and December 2023, the...

Gold & Silver tested $2000 and $22 last week and rebounded to close the week. The miners became very oversold and rebounded from support mid-week.

Gold and silver prices remain range bound and investors are frustrated. Precious metal mining shares have been drifting lower for years. The GDXJ, an index of junior mining companies, is at the lowest level seen since the depth of the COVID sell-off in early 2020....

Chinese gold demand kicked off 2024 with a bang. Wholesale gold demand set a record in January. Meanwhile, assets under management by Chinese gold ETFs reached an all-time high.

Justification for gold to move substantially higher in price continues to press the boundaries of imagination. In this article we will try to filter the noise in the headlines and also simplify what has been marketed as something much more complex.

US fiscal realities are well known. Total federal debt outstanding has now reached $34 trillion, up from $98 billion in 1981, $5.67 trillion in 2000, $13.56 trillion in 2010, and $26.95 trillion in 2020. And at 120 percent of the US economy’s productive capacity (...

Chris Vermeulen, Chief Market Strategist at The Technical Traders, joins the show to discuss the current economic landscape as we navigate through 2024. Chris shares insights on persistent inflation, the impact of geopolitical tensions, and the likelihood of a...

“It’s not enough to be against globalism or the WEF, we have to also be for something better.” — Tom Luongo, Gold, Goats ‘n Guns

We don’t need to make analyzing Gold so complicated. At present, it all revolves around the trajectory of the stock market. The Bond market has fallen into a secular bear. Whenever the stock market does, Gold & precious metals will explode higher.

With the overall action seen in past weeks, Gold is still in a correction phase - though is into bottoming territory. As for the U.S. stock market, the SPX has been inside a bigger 'vacuum' window - sucking prices higher - but appears on the verge of a sharp decline...

We yet again reprise that from this year’s first edition of The Gold Update: “…But in seeing the Dollar take flight to start this year — indeed recovering a 10-day losing streak in just the first two days of 2024 — along with the Bond’s fresh demise as yields rise,...

The Dow Jones continues looking good in its BEV chart below.  Since November 17th, the Dow Jones has either closed in scoring position (BEV Values from -0.01% to -4.99%), or at a BEV Zero (0.00% = new all-time high).  So far in this advance (Red Circle), the Dow...

Current data suggests overall lower gold prices. Our proprietary cycle indicator is DOWN. Current data supports an overall higher dollar.

Defining inflation as "rising prices" creates all kinds of confusion. As I explained in-depth, historically, inflation meant an increase in the amount of money and credit in the economy, or more succinctly, an expansion in the money supply. Rising consumer prices -...

Gold just suffered a sizable down day after the latest CPI inflation printed hotter than expected.  With gold falling back under the psychologically-heavy $2,000 level, bearishness flared.  But with gold’s technicals remaining strong and bullish, that was misplaced...

Here are today's videos and charts.

The evidence of the shift away from the USD and UST in the wake of the 2022 Putin sanctions is literally everywhere, from Main Street and the bond market to global currency, energy and gold markets.

Gold & Silver have bounced from support at $2000 and $22.00 and the gold stocks have rebounded from a very oversold condition on Wednesday.

Price inflation was supposed to be dead and buried months ago. But it’s doing just fine, thank you very much. The January Consumer Price Index report makes that pretty clear. Sure, the Federal Reserve managed to knock inflation down. But it was never out. As a CNBC...

The Bureau of Labor Statistics (BLS) announced that inflation as measured by the Consumer Price Index (CPI) was 3.1 percent year-over-year in January. Core inflation, which excludes volatile food and energy prices, was slightly higher at 3.9 percent.

It is a common belief that a key factor in determining the currency exchange rate is the balance of payments. An increase in imports increases the demand for foreign currency. To obtain the foreign currency, importers buy it using domestic currency, which...

The Federal Reserve is between a rock and a hard place. It needs to cut interest rates because this debt-riddled economy simply can’t function in a high-rate environment. But the Fed can’t plausibly cut rates with price inflation still far above its target. 

Jeffrey Tucker returns to the show, and we delve into the complexities of the precious metals market amid global turmoil. With inflation rates soaring unexpectedly, he criticizes the misleading signals from official sources and the media's initial underreporting of...

Gold stocks are approaching extremely oversold levels and their valuations are near all-time lows. Sentiment is in the toilet.

While some segments of the financial markets look at gold and silver as pet rocks or doorstoppers, it's interesting that as nations around the globe continue to run into currency troubles, they keep turning to gold and silver.