Gold Editorials & Commentary

Nearly two weeks ago, we wrote that Gold and Gold Stocks were due for a pause. Naturally, that includes Silver.

The S&P has already retreated to such an extent that it is negative for the year, in spite of its reprieve on Friday, and is only 1% higher than it was on Election Day when it entered a melt-up Trump rally. The worst performer for stock indices has been the...

Gold & Silver have peaked for the time being. We discuss potential support levels.

You’ve heard from ‘Formula382’ before. A longtime Rick’ Picks subscriber, he manages wealth in the Ozarks, using puts and calls aggressively, with a dollop of good timing, to keep clients happy. He has also shown uncanny skill at rotating out of sectors just before...

With the action seen in recent weeks, Gold is in a confirmed downtrend with our 72-day cycle, a move which is anticipated to end up as countertrend - though it looks to have further to run. Stepping back, the bigger picture view for Gold is projected to remain...

Last week, we were wondering whether the Dow Jones could manage staying above its BEV -5% line in its BEV chart below.  This week it closed with a BEV of -2.61%, a nice advance above last week’s close.

Not that we’ve been rooting for Gold to fall, but it being one of the world’s most substantive liquid markets, it implicitly both rises and falls in its interactive role — that reflecting the cost of currency debasement — as one of the five most important financial...

After reaching a new all-time high on Monday, gold has taken a breather as recent stock market weakness continued. Even after a healthy pullback of over 3% since the highs on Monday, the yellow metal is still trading well above its January close and remains in a...

Gold sector cycle is now down. Trend is up for gold & gold stocks. A pullback is now in progress.

American stock investors have suddenly started buying gold again.  After largely ignoring most of gold’s monster upleg, they just started flocking back fueling big builds in major-gold-ETF holdings.  If this stunning shift proves a persistent trend, these capital...

Here are today's videos and charts.

In his great classic, Crisis and Leviathan, Robert Higgs explained how Franklin Roosevelt’s attacks on the gold standard ushered in “the age of inflation” that has now robbed generations of Americans through the inflation tax.

I’m all in favor of a thorough and public audit of the US’s gold reserves. This includes the gold, not only at Fort Knox, but also at the other gold storage facilities at West Point, Denver, and the New York Federal Reserve Bank. Ron Paul was right when, in 2011, he...

A lot of gold has moved from London to New York in recent weeks. Mainstream analysts blame the dynamic on the threat of tariffs pushing the futures price of gold (and silver) higher in New York. There could also be a more fundamental issue at play: the fact that ...

In a monetary economy, the money layer “exists on top of” real economic decisions, actions, and processes. When the money layer faithfully mirrors the underlying real economy, it maximally serves its purpose; a stable, neutral, non-distortionary money allows us to...

In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey analyzes the economic forces shaping the gold market, the Federal Reserve’s precarious balancing act with interest rates, and the long-term implications of inflation on precious metals. 

Introduction of Gold ETFs, the secular bear market in precious metals (which is now over) and ongoing secular bull market in stocks have all contributed to miners' poor relative performance.

For the last two weeks to a month, the gold market has seen a rather strong resilient rally coupled with a drop in open interest. This signals that funds have been selling to take profits, while a more earnest short covering cohort has been driving the price upward...

Trump would not be surprised if there is no gold in Fort Knox. There should be 4,600 tons there, at a value of $430 billion. The U.S. allegedly holds 8,100 tons of gold in Fort Knox, with most remaining reserves stored at the New York Fed.

In recent days, President Donald Trump, Elon Musk, Senator Rand Paul, and some others have pressed for an audit of the US gold reserves, with a special focus on the gold at Fort Knox. This is perfectly reasonable given that the US gold reserves—which are the...

Last time this much gold crossed the Atlantic, the French were repatriating their gold reserves from New York — in the 1960s, a few years before the gold-based Bretton Woods monetary system collapsed. The time before then, in July 1940, Operation Fish had the Brits...

Last week Elon Musk suggested DOGE could audit the Mother of Slush Funds, the Federal Reserve. He even suggested Ron Paul could lead the team.

Gold and silver are both lower this morning. And the big news is that Trump has said he will go forward with tariffs on Canada and Mexico.

If gold flows into ETFs are any indication, North American investors are finally hopping on the gold bandwagon. Last week, 48.8 tonnes of gold flowed into North American-based gold-backed funds. The last time we saw weekly flows at that level was April 2020 as...

In a recent Money Metals podcast, host Mike Maharrey interviewed gold market analyst Jan Nieuwenhuijs about critical topics impacting the gold market, including central bank gold revaluation, concerns about America's gold reserves, and significant arbitrage...

Back in late December, I showed gold stock investors some key cycle and oscillator charts for gold and the miners, suggested that the GDX ETF and its component stocks were set to surge 20% in a month or two, and said it was time to put fears aside and buy.

The best performing precious metal for the week was gold, up 1.66%. Gold held near a new all-time high due to tariff threats and geopolitical tension. The metal's price was little changed near $2,935 an ounce after hitting a fresh record high of $2,947.01. Goldman...

For decades, Fort Knox has been shrouded in mystery, speculation, and cinematic legend. From Goldfinger’s infamous plot to irradiate America’s gold reserves to Goldmember’s satirical obsession with all things shiny, pop culture has long reflected our collective...

Most of the time, when you see a large consolidation pattern under construction, it can seem like an eternity before you actually get to see the breakout. Sometimes, a year or two can pass by with no sign in sight that the breakout you’ve been looking for is going...

Americans have to wonder, based on revelations coming out of Washington DC, whether government waste, fraud, and abuse is happening on an industrial scale.