Gold Editorials & Commentary

The current washout in metals and miners is purely technical (banks covering shorts). It should end quickly, and then we start the next significant advance, which I suspect will take gold above $2100.

The past week in the financial markets has hardly been one for the faint of heart. The big moves in the bond market have continued, with 10-year yields rising as high as 4.88% before sinking lower through this morning's trading down to 4.73%.

We live in an era of macroeconomic superstition. Much of what commentators think they know about monetary policy just ain’t so. A recent example is the purported link between economic growth and inflation.

Various assumptions employed by mainstream economists are detached from reality. For instance, in order to explain the economic crisis in Japan in the 1990s, Nobel laureate in economics Paul Krugman employed a model that assumes that people are identical and live...

Gold leads real interest rates at important turning points. On the bullish side, Gold positively diverged from rising or strong real rates before the 2005 breakout and 2018 to 2020 cyclical advance. On the bearish side, Gold peaked in 2011 and summer 2020 before...

Despite the gold price declining for several months, its performance is extremely strong considering sharply rising real interest rates. To measure gold’s performance against real rates (TIPS yield) I’m introducing the “Gold Price–TIPS Model Tracker” to improve our...

Last Friday was the close of the month and quarter, which means fresh monthly and quarterly charts. In this video we take a look at both charts and discuss the support levels for Gold & Silver.

In many ways investors should look to the past for lessons. The eighties, seventies or fifties? No, they should look to the “biblical past”. First came wars, followed by food shortages, then a pandemic, then fires and floods. What’s next? Kingdom against kingdom?...

For gold “to be all it can be”, both average US citizens and institutional investors need to become as excited about it as they were in the 1970s.In a nutshell, gold can easily rally $300/ounce on recession news, lower oil, and peaking rates, but it would likely...

The average risk score for Scotia’s coverage list of gold companies has improved over the last decade from 56 (out of 100) in 2011 to 64 (out of 100) today.

New yearly low in the GDXJ, plunging silver prices, and louder questions about the upcoming bottom. Let’s start.

Gold continued its downward path this past week and all but confirmed that lower prices are ahead. Below is a chart of price action dating back to the peak in 2020…

Gold and silver prices slid lower to close out the third quarter. Entering trading for the fourth quarter, the metals are back, once again, in the middle of the range where they have languished for more than three years.

We're entering the final few days of the intermediate decline, I call this the bloodbath phase as this is where price just goes down day after day after day and no matter how many times we go through this, people's emotions take over and they do stupid things.

Historically, inflation always referred to an increase in the money supply, whereas nowadays it refers to an increase in prices. This shift in the definition of inflation lets central banks get away with their fraudulent business. Thus, the original definition must...

There sure are a lot more indicators NFTRH uses to gauge the macro, but these three will suffice for the point of this article, which is that change is coming and the nature of that change could not be more different in its two potentials.

Joining us today is Gianni Kovacevic, the founder of Lithium Bank and Copper Bank, and we cover the evolving dynamics in the market, mainly focusing on the intricate world of mining, copper prices, and the global economy.

Price action last week in the charts of three bellwethers suggests that this year’s ‘October surprise’ could arrive right on schedule and that it could be a doozy.  The first shows the dollar’s so-far shallow correction off a minor Hidden Pivot rally target.

At precisely 13:40 GMT this past Wednesday, Gold succumbed to the guillotine in penetrating the week’s parabolic protection at 1905.2, provisionally flipping such trend from Long to Short, in turn confirming so with price settling yesterday (Friday) at 1865. 

This week the Dow Jones closed with its BEV value closer to the -10% line than its -5% line in its BEV chart below.  What to think about that?  Well, it hasn’t seen a double-digit BEV value since June 1st, and then the Dow Jones hasn’t seen a BEV Zero (new all-time...

Precious metals markets got hammered earlier this week as interest rates continued their relentless march higher.

Gold sector cycle is down. Trend is up for USD, and down for gold and gold stocks. $$$ We shall wait for the next cycle bottom.

Despite all of the fundamental components in place for a rally, gold remained relatively weak on Sep. 28.

Here are today's videos and charts.

The major gold stocks dominating their sector’s flagship GDX ETF have suffered chronic undervaluation over this past year.  Traders simply haven’t been interested, starving gold stocks of the capital inflows necessary to normalize their prices with prevailing gold...

Gold broke key support and miners are collapsing - the final washout is in full swing. If I were to rate the current panic on a scale from 1 to 10, I’d give it a 6. Could it get worse? The next few days are crucial.

The US consumer sentiment index, compiled by the University of Michigan, fell to 69.5 in August from 71.6 in July. A weakening consumer sentiment index is seen as indicating a potential downturn in consumer spending and the economy in general.

NY Times Bestselling Author and Founder of the Bear Traps Report, Larry McDonald, joins us today as we delve into a thorough analysis of current economic trends and their connection to past financial crises, with a spotlight on the Lehman crisis.

Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us to share his technical and fundamental outlooks for gold, silver, GDX, GDXJ, interest rates, and the general equity markets.

This was a very interesting week, if you were paying attention. On Tuesday, the market declined and then saw a sizeable rally begin later in the day. Then on Wednesday, the market continued its decline. And, these were the headlines we saw: