Gold Editorials & Commentary

The middle class in all developed economies is disappearing through a constant process of erosion of its capacity to climb the social ladder. This is happening in the middle of massive so-called stimulus plans, large entitlement programs, endless deficit spending,...

Another day, another decline in the junior miners. That’s the new reality. And with just a small push, the waterfall selling will start. Why? For instance, because of the head-and-shoulders pattern that is about to be completed.

Money supply growth fell again in June, remaining deep in negative territory after turning negative in November 2022 for the first time in twenty-eight years. June's drop continues a steep downward trend from the unprecedented highs experienced during much of the...

History records countless examples of currency debasement, i.e., the steady reduction in a money’s precious metal content or “backing” (principally gold or silver), followed in modern times by the introduction of fiat (unbacked) paper money, which then depreciates...

Matthew Piepenburg explains that building investor interest in gold is a subjective matter, as it relies on trust and a loss of faith in fiat currencies.

Joining us today is Thomas Parilla, president of Parilla Investment Group, and we discuss the intricacies of Jerome Powell's rate hikes and their impact on the economy.

Gold is money, and gold is a reserve currency for most central banks. Central banks continue to add gold to their reserves and the pace of their buying is clearly “peppy”. Silver should also be money, and technically it is, but it’s no longer a main central bank...

The best performing precious metal for the week was palladium, up 1.24%, as Nornickel reported that it expects to see a moderated palladium deficit in 2023. Gold edged up as Fitch Ratings’ move to strip the U.S. of its top-tier sovereign credit grade triggered risk-...

The gold market has gotten a nice little jolt since the US Federal Reserve’s recent decision to lift interest rates once again, now at their highest in 22 years.

Investors are thinking more than ever about risk these days, but their concerns have yet to translate into widespread action. Risk mitigation has been jobbed out to money managers. Most investors still dump money into financial accounts and hope for the best.

Gold and Silver are both trading between support and resistance. The weak price action since the tail end of July leads one to think there should be a downside bias. At the same time, there has been 10 consecutive weeks of outflows from Gold funds.

I recently blew the dust off an old Rudyard Kipling poem, “If,” which many have castigated as a bit overly romantic, despite its high praise from Mark Twain and T.S. Eliot to India’s Khushwant Singh.

Last week’s commentary said the first big correction of 2023 had a ways to go, and that is still the case. If there were any doubts about this, Apple’s swan dive Thursday on punk Q2 earnings released after the close should have dispelled them.

Returning to the show today is Dr. Marc Faber, and we discuss the impact of rising interest rates on different sectors of the economy and predict potential consequences for precious metals. He also touches upon the introduction of central bank digital currencies (...

A week has gone by since my last report, and I think it's time to take another look at the stock market. We've got four down days in a row and there is a four day rule that probably applies here. After a long intermediate degree move, four days in the opposite...

We’ll get underway with our title’s “uhhhh….” To which you wily readers weren’t surprised a wit this past Tuesday upon “Forever First Fitch” downgrading the credit rating of the dear ol’ USA from AAA to AA+.  For as herein penned 10 weeks ago (on 27 May):  “Rating...

Last week the Dow Jones broke into scoring position. This week? It kept itself in scoring position, but just barely. This advance lacks enthusiasm, the bulls lack the desire to charge into market history. I get the feeling they would just as soon lay under a tree,...

As debt downgrade concerns push up bond yields, metals markets are facing selling pressure. Credit ratings agency Fitch this week issued a surprise downgrade of the U.S. government's once vaunted AAA credit rating. Recent political brinksmanship surrounding the debt...

At a press conference early 2023, member of the Executive Board of the German central bank Joachim Wuermeling made clear that the soundness of the central bank’s balance sheet, in light of general losses, is guaranteed by the bank’s gold revaluation account....

Our proprietary cycle indicator is DOWN. GLD is on short term sell signal. GDX is on short term sell signal. XGD.to is on short term sell signal. GDXJ is on short term sell signal.

Gold investors have vanished, at least American stock-market ones!  Despite gold’s strong upleg since late September, identifiable investment demand through major gold ETFs has been all but nonexistent.  That lack of investment-capital inflows has certainly retarded...

Here are today's videos and charts.

In their May letter, Paul Brodsky and Lee Quaintance of QB Asset Management in New York argue that the investment case for gold is to a great extent a matter of its likely official revaluation upward to support confidence-based currencies that have lost the market's...

It has been a jittery few months for investors as an ill wind not Canadian wildfire smoke, US heatwaves, or flash floods swept through financial market here, there and everywhere. The failure of a “too-big-to-fail” global bank and a few US institutions was one of...

In this video we discuss the monthly technicals for Gold & Silver. We note key support & resistance levels and opine on which way the technicals are leaning.

Join Jeff Deist and his guests as they delve into the future of the US dollar and its position as the world’s reserve currency. With discussions on the potential challenges from the Russian and Chinese perspectives, the risks of the dollar’s dominance, and the...

From August 22 through 24th, an extended coalition of over 40 nations which has become known as BRICS+ will meet in Johannesburg, South Africa. Among the likely topics of discussion is the feasibility of setting up a jointly-owned international financial institution...

I have written about this for almost a decade now. But it’s even more pressing now that perhaps Gold has run as far as it can outside a secular bull market. It is trading very close to very significant resistance. 

One of the remarkable events in the precious metals space over the past year is how the gold price has rallied, even despite the Federal Reserve continuing to hike interest rates.

Joining us today is Nick Santiago, CEO of IntheMoneyStock.com, for an insightful discussion on the current state of the markets, precious metals, and the Federal Reserve.