Gold Editorials & Commentary

Gold remains in a bullish big-picture consolidation but failed to break out as the Fed quelled banking issues, and the economy has avoided recession. The market has discounted a soft landing as capital has moved out of Bonds and into equities.

My estimate for China’s official gold reserves reached 5,029 ton by the end of June 2023. In the first six months of 2023 the Chinese central bank bought an estimated 353 tonnes. Although demand in H1 2023 was down 34% from H2 2022, demand was still strong and a...

Another anti-concept is store of value. The very term evokes a picture of a container. You pour water into the container, and it is stored until you’re ready to pour it out again. 

The breakdown below the rising trend channel was followed by a decline that was big enough to confirm it, even though it was just the second close below it.

Gold held around the highest in three weeks as U.S. inflation data printed in line with forecasts. The metal edged higher Thursday for a fourth session, after drawing support from weaker than expected U.S. economic data that diminished expectations of another rate...

Economist Jason Furman recently called for the Federal Reserve to raise its inflation target from 2 to 3 percent. In defending his position, Furman argued that while unexpected inflation results in redistribution that harms creditors and workers, expected inflation...

A late summer rise in COVID cases is triggering calls by control freaks across the globe for reimposing mandates and restrictions on the public. Civil liberties advocates are warning that crippling new economic lockdowns could be coming down the pike.

In today's video I'm going to see if I can make a point about recency bias.

When money becomes less valuable and costs rise, the money you have saved affords you exponentially less. In the short term, you may not notice the difference. According to the U.S. Bureau of Labor Statistics, $1 in June 2020 has an equivalent purchasing power to $1...

What’s next for gold? The (potentially massive) rally from the $1885 area low has hit its first sticking point at $1935-$1945. The low of the left shoulder of a double-headed inverse H&S bottom is providing the resistance, and two other factors are also weighing...

Gold and Silver last week traded up to resistance at $1980 and $25.50. Both sold off the last few days. Meanwhile, the gold and silver stocks printed some ugly candles on Wednesday and Friday.

Have you heard the good news? The Atlanta Fed GDPNow estimates a 5.9% growth in real GDP for Q3 2023. In nominal terms, we can even boast of an 8.9% surge. What fantastic news! Growth! Productivity! This must mean we can all breath a collective sigh of relief as...

Joining us today is Mike McGlone, macro strategist at Bloomberg Intelligence, and we discuss the alarming rise in delinquencies, the Fed's response, and the economic outlook. We delve into the debt bubble, housing market, gold, and silver's prospects amidst the...

Thank goodness, THAT’S over. “‘THAT’ being what, mmb?“ THAT, Squire, being the Short parabolic trend for both Gold and Silver having finally reached the end!  For as last week herein penned: “As to the ‘when’ for these two precious metals’ Short trends to end … it...

The Dow Jones closed the week just short of closing in scoring position (-0.01% to -4.99%).  Looking at the Dow Jones from its lows of last autumn (chart below), its upward trend remains intact.  But that isn’t the same as saying the Dow Jones will be making a new...

Precious metals markets enter trading for the month of September with bulls hoping positive seasonal forces kick in. Gold and silver markets have traded mostly lower since late spring. They did rally, though, during the second half of August.

Gold sector cycle is down. Trend is up for USD and down for gold and gold stocks. COT data is not helpful at this point.

Gold’s recent pullback sure overstayed its welcome, increasingly vexing as August marched on.  That festering weakness really did a number on sentiment, leaving mounting bearishness in its wake.  Flaring gold-futures short selling was the dominant reason gold...

Here are today's videos and charts.

Matterhorn Asset Management partner, Matthew Piepenburg, sits down with Rick Rule and Jim Rickards at the recent Rick Rule Precious Metals Symposium to discuss the future of the USD, the rising BRICS tide and the Realpolitik of any realistic (i.e., immediate) gold-...

It’s still Uncle Buck and then everybody else in the fiat debt paper world. You can tell that is true by how the world quakes when he shakes. The US dollar is the anti-market to risk ‘on’ speculation, mainly in the areas of commodities, resources, materials and...

After more than two years of high inflation, the Federal Reserve finally has inflation back on target. The Personal Consumption Expenditures Price Index (PCEPI) has grown at a continuously compounding annual rate of 2.1 percent over the last three months, new data...

It’s the deposits. Bankers never used to worry about the money customers left in their banks. When deposited, the money was lent out while depositors could come and get their money anytime if it was a demand deposit. Thus, the depositor and the borrower had the use...

In this extensive presentation by Matterhorn Asset Management partner, Matthew Piepenburg, we separate the iconic America from the current and debt-soaked America to better prepare investors with facts and figures rather than platitudes and nostalgia.

In the past few years the world watched the Federal Reserve embark upon an unprecedented inflationary period, that has resulted in the higher consumer prices we're all facing right now.

The yield curve is pulling back currently as the Wizard has resumed complete control. Jerome Powell tilted publicly last week to make his most recent statement of complete control.

We know that Silver has a base going back to 1950 but there are two other charts that have similar bases.

They say that the history rhymes and that’s generally true. Sometimes, the rhymes are almost identical. Like right now in the miners.

Global gold bug excitement continues to build, and rightly so, as the current metals market rally gains momentum. US bond and gold charts are showing strong synergy, and on that note, please click here now. Double-click to enlarge this 30yr T-bond chart. A double...

Gold rose for the first four days of the past week, extending a climb from a five-month low, as the dollar weakened on new economic data. Traders trimmed gains on Friday as the Federal Reserve’s monetary policy is leaning towards one more rate hike in September.