Gold Editorials & Commentary

There aren’t many bullion investors who haven’t thought about using their stash to buy groceries one day. Most of them bought metal in the first place because they know something important about history. Fiat currencies eventually die at the hands of irresponsible...

It’s pretty simple, the US dollar has been bearish on the daily chart time frame since dropping below the 200 day average (orange line), holding below it and then turning its slope down. Bearish. Period.

In the very short-term Gold and Silver are getting oversold and approaching support levels at $1900 Gold and $22.00 Silver. Our hope is for a very strong rebound from that support. If that does not transpire, then the medium term risk is in play.

Tavi Costa, partner, and portfolio manager at Crestcat Capital, joins us today, and we dive into the current market dynamics. We discuss the potential for inflation to reshape the markets, the outlook for energy stocks in a shifting landscape, and the role of...

The best performing precious metal for the week was palladium, up 2.72%, on what might be the beginning of a short squeeze. Palladium had fallen 24% since mid-May, up until a recent rally on news that speculators had taken their short palladium positions to the most...

The Fed has two mandates – Maximum Employment and Price Stability. If we look at price stability, the Fed has failed miserably. The Fed employs 3,000 people in Washington DC of which 300 have a Ph.D. degree.

Is Mr. Market about to deliver the coup de grace to bond bulls? It certainly appears that way.  They’ve been getting schmeissed regularly since a frightening few days back in March 2020.

NFTRH subscribers and I have been keeping well aware of the implications of a) USD following its daily chart downtrend, or b) painting the July plunge as a bear trap and going bullish again. We’ll leave the detailed implications aside in this post and simply note...

Deposits in the banking system continue to contract strongly. This is despite the fact that the Treasury's account at the Fed - which has sucked in over half a trillion dollars on net since June - is now spitting dolllars back out into the system.

In today's video we'll check up again on what I think has the potential to be a crash in the stock market.

From a contrary perspective, the lack of bullish sentiment and interest in the precious metals sector is bullish.

Greg Foss returns to the show, and we delve into the real concerns about U.S. debt downgrades and potential banking crises. Learn why hard assets like Bitcoin, Gold, and Silver might hold the key to protecting your wealth in an uncertain financial landscape.

The divergence between economic indicators is highly supportive of a recession. I have no idea when it starts, but I’m confident it’s coming. Precious metals may languish into September, but once long-term yields peak, I expect a powerful wave III rally to new all-...

Before we graphically elaborate on this week’s double-entrendre Texas-speak title, let’s be up front as regards a mis-guided inference from a week ago.  Therein we wrote with respect to Fitch’s downgrading StateSide credit from AAA to AA+ that:  “…it remains to be...

This week the Dow Jones closed in scoring position, just barely. Not much to say about the stock market when the bulls are less than 5% away from making a new all-time high, and don’t seem motivated enough to make that happen.

Precious metals markets are ticking lower this week amid an ongoing summer lull in investor demand.

In theory, nothing changed for the precious metals market yesterday, but in reality, it was the opposite, thanks to the signs from the USDX and stocks. Let’s start with the latter.

Our proprietary cycle indicator is DOWN. Current data favors lower gold prices overall. Our ratio is on a sell signal. Trend is UP for USD. Trend is DOWN for gold stocks. Trend is DOWN for gold.

The big US stocks dominating markets and investors’ portfolios have surged dramatically higher in recent months.  That powerful run has fueled widespread greed and complacency, leaving universal bullishness in its wake.  This just-finishing Q2’23 earnings season...

Macroeconomic and geopolitical conditions have investors bewildered.  Events which are unfolding look like they may crush the valuations of several asset classes which had enriched investors over the past decade.

Here are today's videos and charts.

Many economic commentators view debt as a major risk factor as far as economic health is concerned. This way of thinking has its origins in the writings of Irving Fisher. According to Fisher, the high level of debt runs the risk of setting in motion deflation and,...

Chris Vermeulen, Chief Market Strategist at The Technical Traders, returns to the show, and we delve into the recent interest rate increase by Jerome Powell and its potential effects on the market.

While most Americans find it almost impossible to believe that we could ever live in a world where the dollar isn't filling its current role, many Germans hold a different view. As after the decline of the mark due to hyperinflation in the 1920's, the memory of that...

Jp Cortez, policy director of the Sound Money Defense League, joins Keith and Ben of The Gold Exchange Podcast to discuss sound money related legislative battles across the country in 2023, the constitutionality of money, and more.

A recent article (Credit Crunch: The Money Supply Has Shrunk For Eight Months In A Row) by Ryan McMaken of the Mises Institute explained clearly the historical significance of the contraction in the money supply that has occurred over the past eight months.

The technicals for precious metals were looking positive at the end of July, but since then, the bears have driven the sector lower as the US Dollar has rebounded. In stepping away from the short-term, we see that the secular trend has yet to change. 

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...