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Gold Editorials & Commentary

March 31, 2024

From my prior article from mid-March, Gold had broken out to the upside - but was in the midst of a smaller-degree dip, a move expected to end up as countertrend. This was the case, with the metal having broken on back to higher highs for the swing, as favored....

Welcome one and all to the 750th consecutive Saturday edition of The Gold Update.  Having missed nary a Saturday since our first missive (20 November 2009) with Gold then 1151, price since has nearly doubled (+94%), toward settling this past shortened trading week...

Well, we’re seeing another big move in the gold market. The monetary metal reached a new record high on Thursday to close out this holiday-shortened trading week. Gold finished the week, the month, and the quarter on a high note at $2,243 an ounce, gaining 3.1%...

For good or bad, this is a market that wants to go up.  How could an advancing stock market be bad?  If the money pouring into it is coming from the Federal Reserve, pumping monetary inflation into it – ultimately that will be bad when their bubble pops.

March 30, 2024

The US 10-year Bond Yield has completed wave i at the 5.021% high and we are now correcting that 5-wave impulsive sequence within wave ii, which has the following retracement levels:

Gold has broken out firmly and has no overhead resistance. A double bottom in this long term ratio between gold and gold stocks suggests that gold stocks may begin to outperform and play catch up soon.

In case you thought anybody in Washington was driving this thing, they are not. It’s official: the Department of Treasury is now issuing debt at pandemic levels. It’s worth noting the pandemic record was double the previous record, which had stood for 231 years.

Why should you have gold in your portfolio? The World Gold Council puts it this way in its recent report Gold as a Strategic Asset. "Gold has a key role as a strategic long-term investment and as a mainstay allocation in a well-diversified portfolio. Investors have...

March 29, 2024

The Easter Friday holiday has stock markets closed but there’s a key PCE inflation report scheduled for release. Gold stock blasted higher this week, likely in anticipation of a bullish report. The charts look awesome!

The gold price has just broken out to new all-time record highs. Not a single person who has ever purchased gold in the history of human civilization has ever lost money on their purchase (if they held through today).

With gold forging deeper into record territory, interest in gold stocks is mounting.  They’ve started to mean revert higher, on the way to catch up with and surpass the surging metal their profits leverage.  The timing of this gold-stock upleg is fortuitous,...

Sure, gold is a pretty and heavy object that people fall in love with (and express their love with). But it is also a primary market indicator here in NFTRH land. When it rises vs. cyclical ‘risk’ markets it implies rising risk in those markets. When it rises vs....

Larry Fink of Blackrock made some comments recently about India's love for gold, that on the surface sound reasonable.

March 28, 2024

Holding fiat currency is risky business and that’s not going to change any time soon. Currency risk is one of the factors driving the recent rally in gold and silver. It’s no coincidence that the recent gold and silver rally started as the U.S. ramped up threats to...

Weeks after Federal Reserve Chairman Jerome Powell evaded a sitting congressman’s questions about the central bank’s foreign gold holdings, the Fed has also declined to comply with a Freedom of Information Act request for records about such holdings.

We are observing a great debate between the US banking regulators who wish to impose new, so-called “Basel III Endgame” rules to significantly increase bank capital, on one side, and the banks who argue they already have more than enough capital, joined by various...

This weekend’s late-night spending vote in Congress seems like another in an endless series of sequels to a bad suspense movie. Just at the brink of “disaster,” just before the stroke of midnight, Congress pulls off a miracle and passes an omnibus bill to save us...

Greg Weldon analyzes the most recent developments in the economy and why we are headed for stagflation. He also analyzes Fed Policy, Gold against the Stock Market, Gold Miners, Juniors and Silver.

March 27, 2024

After years of speculation, the Federal Reserve has released its so-called “Doomsday Book”—an internal document that outlines the vast power the central bank can claim during times of financial emergency.

Today, states across the country are beginning to actively embrace pro-sound money legislation, inviting a critical examination of how America abandoned the gold standard of money and racked up $34.5 trillion in debt. To understand how we got here, it’s important to...

When Edward Chancellor’s The Price of Time: The Real Story of Interest hit shelves in the summer of 2022, it couldn’t have been more timely. The year-over-year growth rate of the consumer price index (“inflation”) peaked at 8.9 percent the month before and spent the...

We welcome back Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, for a deep dive into the fascinating dynamics of the precious metals market. Amidst global economic uncertainties, gold prices are soaring to new heights, setting it apart from...

At last week's Fed meeting and press conference, the markets rallied as the FOMC's Summary of Economic Projections suggested that the Fed members are still anticipating 3 rate cuts in 2024.

March 26, 2024

More mainstream analysts are “tuning in” to gold by the day. They are noting the incredible resiliency of this mightiest of metals during the recent rate hiking frenzy.

Major sound money battles in the states have been heating up -- with important bills moving forward right now in Kentucky, New Jersey, Idaho, Nebraska, and Iowa, among others.

The world’s best kept investment secret is GOLD. Gold has gone up 7.5X this century. Gold Compound annual return since 2000 is 9.2%. Dow Jones Compound annual return since 2000 is 7.7% incl. reinvested dividends.

The correlation between inverse US dollar and stock markets is not always in place, but it has been in place much more often than not in recent years. However, beginning in February inverse USD has declined while US (SPX) and global, ex-US (ACWX) have robotically...

Francis Hunt speaks about the massive debt bubble that is driving the new bull market in Gold and larger implications beyond markets.

March 25, 2024

Invalidation of the breakouts, candlestick formation, and the volume. What are they saying about the next move?

You'll often hear precious metals investors talk about the gold-silver ratio. So, what is it, and why does it matter? The gold-silver ratio tells you how many ounces of silver it takes to buy one ounce of gold given the current spot price of both metals.

Gold IRA eBook

It is estimated that the total amount of gold mined up to the end of 2011 is approximately 166,000 tonnes.

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