Gold Editorials & Commentary

In this opening MAMChat for 2024, Matterhorn Asset Management principles, Egon von Greyerz and Matthew Piepenburg, take a sober look ahead at a macro environment riddled with undeniable event-risk—from geopolitics and asset bubbles to debased currencies and...

The outlook for pension systems is growing increasingly dire. Promises made to retirees have been generous and they can only be kept if prices for all kinds of assets move consistently higher.

Lower interest rates and massive asset purchases by central banks are the monetary tools of choice when it comes to restoring shocked financial systems. The idea being that making the cost of borrowing cheap for individuals and businesses will entice them to spend,...

In my Friday’s intraday Alert, I wrote that the post nonfarm-payroll rally wasn’t here to stay. It didn’t. As is always the case, it’s a good idea to check for previous analogous situations before claiming that “this move” is real or fake. This time, it was the...

There is an untold story in American monetary history. Some are reluctant even to discuss it. I’m referring to the U.S. Secret Service’s very own role in the destruction of sound money in America.

It was a quiet week for Gold, Silver and the miners. Resistance remains at $2100 for Gold, while Silver remains well below $26. The miners lost 4%-5% on the week.

The stock market is so pumped with hubris, lies and delusions that I’m beginning to doubt whether the bull market will see Microsoft rally to $430 before everything comes crashing down. I’ve been using MSFT as a bellwether because it has been the strongest megacap...

2023 is over, and the drain of physical gold from the ETFs and other paper funds sped up significantly last year. That leads to one basic question. Where is it all going? Since 2020, about 1,200 tonnes are unaccounted for, and about 800 tonnes of that was drained...

The biggest eye-opener for us through the first four trading days of 2024 — a year in which we’ve called for Gold 2375 — is the Dollar’s sudden resilience.  Oh to be sure:  the FinMedia buzz is focused on whether or not the Federal Open Market Committee shall vote...

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

Is a U.S. banking crisis still bubbling under the surface? If activity in the Federal Reserve’s bank bailout program is any indication, the answer to that question is yes. Over the last two months, the balance in the Fed Bank Term Funding Program (BTFP) has surged,...

As trading kicks off in 2024, precious metals bulls have high hopes for price breakouts. So far in the early goings of the New Year, though, gold and silver markets are pulling back.

Gold’s momentous breakout upleg into nominal record territory is set to accelerate in 2024.  Major bullish drivers for this leading alternative asset have really converged, which should drive gold much higher this year.  Speculators and investors alike will...

Here are today's videos and charts.

Gold is correcting as the dollar bounces - we see prices bottoming later this month. I've included preliminary price targets in the charts below. Record fund flows into the S&P 500 ETF support elevated complacency among investors, and multiple factors support a...

Price inflation statistics were a hot topic in 2023. Official measures, like the Personal Consumption Expenditures Price Index (PCE) and the Consumer Price Index (CPI), rose to levels not seen in over four decades.

International Man: How would you summarize what you see coming in 2024?

Over the past 2 years the financial markets have watched the Federal Reserve raise interest rates over 5%, while at the same time the Treasury is pumping out debt faster than ever.

On Dec. 29, the national debt slipped above $34 trillion for the first time. On the date, the debt was $34,001,493,655,565.48, to be exact. But so what? Despite a few alarming headlines, nobody really seems to care. In fact, NPR did a story highlighting the supposed...

There are three factors driving gold bulls as we move into the new year – the demand factor, the Fed factor, and the January factor. Gold just wrapped up its best year since 2020 with a 13 percent gain, and the yellow metal has new records in its crosshairs as we...

Despite a strong finish to 2023, the gold and silver prices have been under pressure to start 2024. Especially today, as gold is $30 lower while silver is down by 80 cents.

The gold market is poised to make history in 2024. It enters the New Year within striking distance of new all-time highs. How high will gold go? Much depends on how low interest rates and the U.S. dollar go.

Today all governments and central banks operate under the ideology of inflationism. The underlying principle of inflationism is that the quantity and purchasing power of money determined by the free market leads to deflation, recession, and unemployment in the...

In Part II of this two-part conversation with Michelle Makori of Kitco News, Matterhorn Asset Management Partner, Matthew Piepenburg, answers questions about crypto currencies, gold’s critical wealth preservation profile, the rising list of geopolitical failures/...

We are currently in the midst of the latest round of projections for new highs in the gold price. Those projections are more the result of anxious anticipation and elevated emotions rather than real fundamentals.

A new year begins, and the big theme for savvy investors is going to be using great tools like mining stocks, crypto, commodities, and the stock market to get more money… More of the ultimate money that can only be gold!

The best performing precious metal for the year was gold, up 7.93%. The yellow metal is up for the year, after two years of losses, while the dollar is down, falling 5% just in the last two months of the year. The greenback has weakened as U.S. interest rates are...

What a perfect way to end the year! Clear breakouts, obvious breakdowns, and a major signal from tech stocks. In my recent gold price forecast for January 2024, I wrote about the most important of the recent technical events in gold (gold’s weekly reversal), and in...

As many of you may know, I read quite a number of articles discussing the stock market, as I want to maintain a pulse on the common views. And, sometimes I run across something that compels me to write an article. I would say that this is the driver for the current...

In Part I of this two-part conversation with Michelle Makori of Kitco News, Matterhorn Asset Management Partner, Matthew Piepenburg, looks at the key financial themes of 2023 and the critical trends to impact the year ahead.