Gold Editorials & Commentary

In a recent interview the Dutch central bank (DNB) shares it has equalized its gold reserves, relative to GDP, to other countries in the eurozone and outside of Europe. This has been a political decision. If there is a financial crisis the gold price will skyrocket...

Some 40 years ago per advertising billboards for the evening blatt known as the San Francisco Examiner:  “A lot can happen between 9 and 5”.  And relative to just this past week, ’tis perfectly analogous to the state of Gold, Inflation and the Economy:  “A lot can...

I kept saying it’s going down. But damn it, it keeps going up. I’m talking about the Dow Jones in its BEV chart below. So, what’s wrong? Clearly, it’s a case of; when you finally figure out the rules in the market, someone else always changes the rules.

Well, the more things change in Washington, the more they stay the same. Under the new leadership of House Speaker Mike Johnson, Congress passed a stopgap funding bill on Tuesday to once again avert a government shutdown. It was quickly approved by the Senate on...

Our proprietary cycle indicator is UP. Expect higher gold prices overall. Trend is UP for gold. A bottoming pattern in progress. Gold is also in the process of a bottoming pattern.

I get the overwhelming sense the economy is rolling over into recession faster than markets expect. U-1 unemployment is shooting higher, and permanent job losses are accelerating, consistent with prior recessions. Long-term inflation expectations reached 12-year...

The major gold miners just finished reporting fantastic Q3 results.  A potent combination of higher gold prices and lower mining costs fueled skyrocketing profits, some of gold stocks’ biggest earnings growth ever!  These larger miners were generally able to...

Here are today's videos and charts. 

Since its peak in August 2020, Gold has moved towards a breakout on multiple occasions but failed in every case. Nevertheless, as of Thursday, November 16, Gold is within 4% of a daily all-time high and 2% of a weekly all-time high. It appears only weeks, if not...

Gold stocks are not yet unique within the wider macro, but that does not preclude a move to 40 by GDX

If the trends in the CRB index and the Copper/Gold ratio (CGR) were correlated with the long decline in bond yields (disinflationary signaling), why have CRB and the CGR diverged for the entirety of the post-breakout phase in the yield?

Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us review his bigger picture technical and macro outlook for gold, silver, and the precious metals mining stocks, in relation to how they are moving relative to US general equity markets.

Florian Grummes is joining us today to share his insights on the current state of the market. He will be discussing the recent bank collapse, the role of the Federal Reserve, and his future predictions for gold and silver. Florian will be taking a closer look at the...

So, the CPI and – more importantly, from the Fed’s point of view – core CPI was lower than expected, and the markets soared. What’s next?

It's been a while since I've done a video on gold,  so I'll do something  today.  My expectations haven't really changed. I still think this intermediate cycle is going to test these all-time highs at 2090. I I tend to think  gold is probably going to break out...

Why does the world seem falling apart? Wars, pandemics, anti-semitism, polarization, and it goes on. What happened to civility? How did it come to this? To revive the world economy following the 2008 crisis, governments embarked on a tremendous spending binge during...

While the price of gold still sits below the $2,000 per ounce level in the US (although it's about $20 closer to that level following this morning's rally after the CPI was released), gold has been setting new all-time highs in many of the major foreign currencies...

We update the secular trends and show with history how the new secular bear market in bonds likely leads to a secular bear market in stocks and then last, the US Dollar.

A week ago, Morgan Stanley analysts called gold stocks a buy… while I called for a week of pain. Clearly, it was pain that prevailed… but could these analysts be correct going forwards from here?

We (NFTRH) have been managing a more detailed chart of GDX for most of this year in weekly reports and in-week written/video updates, using it to guide us into rallies and corrections all year. The latest signal was the double top in May, the correction from which...

Why are we using state money instead of market money? Put another way, why can’t we select the money we want to use? Cryptocurrencies are a market alternative, but they haven’t put state money out of business yet. If they ever threaten to do so, the state can...

Savvy investors are always on the lookout for the next big thing – a dominant theme that drives headlines and creates profit opportunities in markets. The problem is that by the time everyone is talking about it, it’s often too late to invest – at least at...

The best performing precious metal for the week was gold, but still off 2.98%. China topped its gold holdings for a twelfth straight month in October, adding to a wave of purchases by global central banks that has lent support to bullion prices.

In the world of “all things gold”, every event is viewed within the context of how it will affect gold prices – on the upside. Earlier this year, it was bank failures. Before that and since then, the focus was/is on the Fed with regards to a possible reduction of...

Miners just plunged, and they did right after tricking the news-chasers. Fortunately, you knew what to focus on.

The national debt just ballooned another $100 billion in 6 days, just like the creation of the world.

It was a rough week for precious metals as Gold lost 3%, Silver 4% and the miners shed over 7%. The bullish inverse head and shoulders patterns in the mining indices failed as Gold & Silver were sold throughout the week.

We welcome Mike McGlone, a macro strategist at Bloomberg Intelligence, who joins us today to discuss the troubling increase in delinquencies, the response of the Federal Reserve to this trend, and the current economic outlook.

U.S. shares continued to climb a wall of well-justified worry last week, propelled with sufficient vigor to suggest new all-time highs are likely.  Notice how Microsoft’s push into record territory on Friday occurred after the stock had spent nearly six months...

Let’s open with this from the “We Hate It When We’re Right Dept.” reinforced by the age-old axiomatic quip:  “Be careful of that for which you wish as you just might get it.”  And you regular readers definitely get it.  For bang-on-time this past week came Gold’s...