Gold Editorials & Commentary

As superficially upbeat economic data propels the stock market to new highs, precious metals investors are questioning the story being told by Wall Street cheerleaders and government bureaucrats.

Our proprietary cycle indicator is DOWN. Current data suggests a pullback, but should see overall higher prices. Our ratio is on sell signal.

Happy days are here again as stock markets staged a Christmas rally declaring victory on winning the war on inflation, after Fed Chair Jerome Powell’s monetary pivot raised hopes that the Fed might cut rates by 0.75% in 2024. Falling gasoline prices also boosted...

The multi-week correction in precious metals and miners should terminate shortly. Once completed, we see gold surging above $2100 to new all-time highs. Precious metals typically rally in presidential election years – 2024 should be no different.

Gold bearishness has flared considerably during recent weeks’ selloff.  But that’s merely been a mild pullback, neither big nor sharp.  The gold-futures selling that’s driven it has been relatively modest.  Such periodic retreats within ongoing uplegs are essential...

Here are today's videos and charts.

After the secondary extreme inversion of the 10-2 yield curve in July a new yield curve steepener was in the bag. That is exactly what the curve has been doing since the secondary inversion.

Gold Miners are definitely cheap as multiple valuation metrics are at historically low levels. When viewing a history of valuations going back as far as the 1980s we find current valuations indicating a secular bear market. Valuation indicators last peaked around...

The Federal Reserve recorded a record loss of $114.3 billion in 2023, and you (the American taxpayer) are on the hook. The last time the Fed ran a net operating loss was 1915.

As the dollar continues to lose purchasing power over time, the price of gold continues to rise reflecting...

What a beautiful reversal in mining stocks! What a tremendous verification! I told you that the head-and-shoulders patterns tend to be followed by verifications, and we just saw one.

The first gold rush in North America began in North Carolina in 1799 after a 12-year-old boy named Conrad Reed found a 17-pound gold nugget. The news spread, drawing the attention of tens of thousands of prospectors to begin mining operations throughout the state....

Economic fallacies are a booming business in an inflationary era. Recent attempts to promote the idea that corporations raised prices in the pursuit of higher profits, creating the last three years’ inflation, are not new.

Did you know inflation is on purpose? Government people would never admit this out loud, but inflation is a tax. They need inflation in order to maintain the borrow and spend system they've set up. 

Florian Grummes is joining us today and we delve into the current trends and future predictions for gold and silver markets in 2024.

The nature of the mining business is that metals prices tend to fluctuate. When the price of a particular metal rises, investor interest in that sector goes up, and usually wanes when the price falls. Resource investors naturally gravitate to other metals where the...

Today the US Dollar index (DXY) is pushing extremes, as markets so often do. It is popping through resistance and the SMA 200, just to get TAs and the machines alike riled up.

In the realm of macroeconomics, a legion of PhD economists in central banks passionately contends that interest rates are a pivotal policy tool for managing the economy. Simultaneously, these economists firmly uphold that the Consumer Price Index (CPI) is an...

Select politicians, government officials, economic elites, and experts arriving at the annual World Economic Forum meeting in Davos, Switzerland were greeted with an open letter signed by more than 250 billionaires and millionaires. The signers request their...

The Nebraska State Senate will consider a measure that explicitly states that Central Bank Digital Currencies are not money in the state of Nebraska, as well as eliminating capital gains taxes from gold and silver.

Gold, silver, and the miners are off to a rough 2024 start, but could that be about to change? The answer is: Yes.

Just to remind you, a few weeks ago, I wrote an article which outlined the potential for a major bear market lasting between 13 and 21 years. In fact, this may even cause a long-term depression. And, there were many comments to that article which mostly took...

Viewing gold in its proper context seems to be difficult for most gold bugs. The excitement associated with anticipation of gold at $3000, $10,000, or higher tends to overide real fundamentals and common sense.

The best performing precious metal for the week was gold, but still down 1.01%. Gold was only up by 0.09% last week yet still appears to have support above $2,000.

Bullion investors are naturally concerned about unsound monetary and fiscal policy. Many of them buy precious metals, in part, because they recognize the federal government is out of control when it comes to borrowing and spending.

Chinese gold demand improved in 2023 even as the price in yuan soared. China ranks as the world’s biggest gold market, and Chinese demand has a significant impact on the global gold market.

As the Austrian School economists know full well, inflation distorts price signals unevenly. It may be tempting to try to filter out inflation from any given good or service to find its real price had the currency supply never been inflated in the first place, but...

When forecasting stock prices, it helps to view the market as a crazed creature driven by fear, greed, and most of all, stupidity. Of course, everyone but the “theme”-obsessed chimpanzees who purport to manage your money understands that the stock market’s heedless...

Many economists claim that economic growth is driven by increases in the total demand for goods and services, additionally claiming that overall output increases by a multiple of the increase in expenditures by government, consumers, and businesses.

We welcome back Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, and we discuss the current and future trends in the commodity market, particularly focusing on gold and silver.