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Gold Editorials & Commentary

April 23, 2024

Gold slides once again today, proving that yesterday’s $67 slide was not accidental. And it’s happening without a rally in the USD Index. So, yes, the price of the yellow metal can indeed move also down, not only up. And since the medium-term trend in junior mining...

Recently, with gold, silver, and gold stocks overbought by almost every technical measurement, almost every gold investor in the West knew there had to be a pause in the action. All that was needed was a catalyst.

Gold rose to trade near a record high, even as investors weighed a shift in messaging from Federal Reserve Chief Jerome Powell, who said the central bank will likely keep rates on hold for longer than originally planned.

Over the last few weeks, gold held its ground despite headwinds including a strong dollar and rising bond yields. Geopolitical tensions have supported safe-haven buying but it appears a new player is entering the market – hedge fund and other big money managers...

April 22, 2024

The long-term underperformance of gold stocks compared to gold itself is clear and indisputable. A matter of remaining contention is whether or not beleaguered investors in the not-so-shiny metal stocks will ever recover from more than twenty years of disappointing...

The precious metals sector performed poorly during the last three bear markets in stocks. Those include 2022 during initial Fed tightening, the Covid crash of spring 2020, and the heart of the global financial crisis in autumn 2008.

Where do people pile their dollars in the End Game? We got a sneak preview this week, twice, as Iran and Israel both pretended to start World War III with mutual pretend bombing raids on each other telegraphed days in advance to the entire solar system.

The portfolio managers who rig the markets appear to be losing their touch. Usually, they are able to short-squeeze stocks in the ‘lunatic sector’ — our label for the egregiously mis-named ‘Magnificent Seven’ — when earnings are announced after the close.

April 21, 2024

Two missives back we penned “Gold ‘Overbought’ is Great!” and so ’tis been.  These past couple of months have finally seen a long overdue repricing of Gold from some three years of being range-bound in the 1700-2000 zone to now up through our forecast high for this...

Gold and silver are both showing resilience this week as gold recovered back to the $2,400 following a short-lived correction, and silver is trading above $28.50.

For the benefit of my newer readers, I’m going to do a quick review of the Dow Jones in the Bear’s Eye View (BEV), by looking at the Dow Jones from 1885 to the close of this week in the Bear’s Eye View.

April 20, 2024

Our proprietary cycle indicator is UP. Gold has broken out firmly and has no overhead resistance. A double bottom will be positive for gold stocks

In case you've been living under a rock, Gold prices have been on fire, jumping 20% in just the past 2 months. That takes gold to a near-doubling since pre-pandemic, when it was meandering along at just $1500. Yesterday it closed above $2400.

As the Chinese accumulate more and more gold, they’re dumping U.S. Treasuries. That raises an important question: who is going to keep funding the federal government’s borrowing spree?

April 19, 2024

Metals and miners are taking a breather after explosive gains. More upside is expected before the next cycle low, which is due in June. Last Friday’s price action was wild, with gold swinging $100 and silver $2.00 in a 4-hour window. As the bull market matures, I...

Who would have thought that those markets are connected? They are. All right, bitcoin is an alternative to fiat currencies, just like gold and silver are, but what about tech stocks? What could they have in common with the precious metals market?

A quite bizarre piece of news has recently hit the investor community which is not really being addressed by the financial media. I assume the reason that it's not being covered by the financial media is because it deals with a complex issue involving bank...

Here are today's videos and charts.

Gold’s powerful breakout in recent months has proven remarkable.  But the reason isn’t its fast vertical surge to impressive record heights.  This breakout rally is exceptional because gold’s usual drivers aren’t fueling it.  Big demand outside of normal channels is...

Year after year, and week after week, there is always a new way to examine gold price moves and decipher the obvious and not-so obvious forces which flow behind, ahead, above and below its monetary and, yes, metallic, move through time.

During the 2016 and 2020 campaigns, Trump's opponents in the Democratic party (and elsewhere) often pointed out that Trump's protectionism hobbles private markets and the economy overall.

Jordan Roy-Byrne, CMT, MFTA, of the Daily Gold shares his thoughts on gold’s recent price activity and where the yellow metal may be headed in 2024 and beyond. He also discusses his outlook for silver.

April 18, 2024

Miners spend billions of dollars every year pulling precious metals out of the ground. They toil mightily for years on end to produce these stores of value – but then they turn right around and sell all their gold and silver immediately in exchange for fiat...

Understanding gold tailwinds requires an understanding of debt forces and their impact on fiat currencies in general and the USD in particular.

We're back with part 2 of our interview with Jim Willie, where today he goes through his list of 20 reasons for the gold price breakout.

In a recent episode of the "Money Medals Midweek Memo," host Mike Maharrey offered an in-depth look at tax day experiences, precious metals markets, and broader economic issues. 

Is it too Late to Invest in Gold? Heck no it’s not! This move is still in the 1st inning and we have the data and charts to prove it.

April 17, 2024

Iran attacked Israel on Saturday with about 320 drones and missiles, but only a few got through the air defense system. The barrage was in retaliation for an Israeli strike on Iran’s consulate in Syria, which killed 13. It was Iran’s first strike on Israeli...

With gold and silver rallying while there's been a selloff in the bond market, today Dr. Jim Willie checks in to share his view on what's happening.

April 16, 2024

The best-performing precious metal for the past week was platinum, up 6.68%, followed by palladium up 4.82%. China raised its gold holdings for the 17th consecutive month at record prices, while India also added to its gold holdings.

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