Gold Editorials & Commentary

With the apparent failure of Silicon Valley Bank (SVB) potentially causing a crisis in the American and even the global financial system, we will be treated to all manner of explanations, very few of which will accurately state the cause of these troubles:...

The federal government’s Bureau of Labor Statistics (BLS) released new price inflation data today, and according to the report, price inflation during the month decelerated slightly, coming in at the lowest year-over-year increase in eighteen months.

Peter Boockvar returns to the show, and we discuss the current SVB situation and whether more banks will fail. We also examine the impact of these bank failures on gold and silver prices. Additionally, we analyze the Federal Reserve's predicament with high inflation...

After a turbulent weekend in the banking system, that included the closing of Silicon Valley Bank, the Fed and the FDIC guaranteeing the deposits, and also concerns about other banks, there was a significant rally in gold and silver on Monday, as well as a lot of...

A look at currencies and correlate how that might relate to metals.

I think this statement probably sums up the current banking crisis most succinctly: “The American banks have a whole bunch of accounting tricks that they can play, to show earnings when earnings don’t exist, to show capital when capital doesn’t exist… totally...

The high-profile collapse of Silicon Valley Bank last week is a story about bad debt, just not in the way most people think.

Silicon Valley Bank (SVB) collapsed and was then seized by the California Department of Financial Protection on Friday, March 10. This came after a frenetic two days, when the bank announced a big loss, tried to raise capital, and then faced an accelerating run-on-...

The best performing precious metal for the week was gold, up 0.98%. Gold rose from near its lowest this year after a metric of U.S. unemployment came in higher than expected, reports Bloomberg, softening expectations that the Federal Reserve will keep aggressively...

The price of gold spiked upward by $40 oz. on Friday. Reports by others point to the failure of Silicon Valley Bank (SVB) as sparking a "flight to safety" into the yellow metal. Gold, according to them, is the ultimate safe-haven hedge; where else would you go?

The latest headlines, of course, are all pointing toward the ripple effect of Silicon Valley Bank (SVB), and they should be. This banking metaphor for the tech sector in particular and the previously described disaster in California as a whole or the matter of ...

The era of zero interest rates is long gone, and annual interest payments on the $31.6 trillion debt load are up 41% since last year (of course, the fastest rate of increase ever), and fast approaching the $1 trillion mark. Consumer prices aren't slowing their...

Let's begin with this apologetic correction: we've oft-quipped that Federal Reserve Chair(man) Powell shall come to the aid of former FedChair now U.S. Secretary of the Treasury Janet "Old Yeller" Yellen upon her depository's default. Wrong we were. To quote the...

As the Fed signals further rate hikes ahead, precious metals markets are probing for support levels. Gold prices currently come in at $1,866 an ounce essentially unchanged now for the week as of this Friday recording. Silver, meanwhile, was getting slammed this week...

This was a big week for Mr Bear. Several banks in Silicon-Valley had “liquidity problems,” and were closed. Which I take as meaning; for the foreseeable future, in the BEV chart below we’re not going to be looking at the Dow Jones’ BEV -5% line, but its BEV -25%...

Silicon Valley Bank (SVB) collapsed after experiencing an old-fashioned bank run. It started Wednesday when the bank tried to raise $2.25 billion in equity to shore up its balance sheet. Customers panicked and withdrew a staggering $42 billion - making them...

It´s been a tough six weeks of deep corrective price action in the gold market since our last analysis “Gold – Rally is losing momentum” had been published. From its top on February 2nd at 1,959 USD gold sold off 7.91%. Last week saw a first reaction to that sell-...

A deeply inverted yield curve suggests the stock market is far from its final bottom. A collapse in commercial real estate could be a massive black swan. The economy keeps rolling despite record Fed rate hikes - how long can it last?

Gold sector cycle is down. Trend is up. We took partial profits and are holding a core position, and will buy back upon the cycle turning up.

The Fed put a big damper on the markets, but not on our portfolios because of our large cash allocations. This is a time to be brave, but not stupid. We’re modest buyers.

The gold miners are finishing reporting their latest quarterly results, revealing how they are actually faring fundamentally.  This reality check is important, as sentiment is down in the dumps after this sector was pummeled lower with gold in February.  While the...

Because there is so much activity happening at the state level with respect to sound money legislation, here is a quick update on some of the most important bills that are currently pending.

Americans are leaning more on their credit cards and home-equity lines of credit (HELOC) just to make ends meet, a new study finds.

Let's take a look at gold and the stock market. The stock market is going to have a huge effect on all other markets here in the weeks ahead, and I'll explain in a minute, but in my last video, I was looking at Gold and it looked like it had found at least a daily...

Below we consider the State of California as the metaphor of a failed state as well as the failing state of the American Union, which is anything but a dream.

Money supply growth fell again in January, falling even further into negative territory after turning negative in November 2022 for the first time in twenty-eight years. January's drop continues a steep downward trend from the unprecedented highs experienced during...

The trading action in silver has been choppy over the past few months, with the price rising above $24 per ounce, before recently declining to near the $20 level.

Warren Buffett recently published his latest letter to shareholders of Berkshire Hathaway and, if you haven’t done so already, I encourage to go read it along with all 45 that preceded it, from 1977 to 2022. They are a wealth of investment knowledge and business...

What Happens Before Bigger Declines? The clue to answering the above question lies in the final part of the rally that we saw last week.

Last week we noted two market leadership signals, one positive (Semiconductor and Tech leadership) and one potentially negative (Healthcare relative to the broad market). The potential bottom in the XLV/SPY ratio looks like less of a potential one week later (...