Gold Editorials & Commentary

The anticipation and speculation regarding interest rate cuts is almost comical to watch. Scratch ‘almost’. Interested observers are obsessive about the topic in a hilariously funny way. Mainstream media and the pundits always find cause for promoting a possible...

The rise in the gold price this spring was undoubtedly spectacular. In just a few weeks, the gold price rose by almost 20% in USD terms, with a gain of 21.7% for the first half of the year alone. In EUR terms, gold increased 16.4% in the year’s first six months.

Gold loves chaos and should be hitting new highs, especially with inflation coming down and with it, two rate cuts likely before year’s end.

Between politics (driven by self rather than public servants), markets (driven by debt rather than profits) and currencies (diluted by over-creation rather than chaperoned by a real asset), it is fair to say we live in not interesting but surreal times.

In a recent episode of the Money Metals Podcast, host Mike Maharrey interviewed David Morgan, a renowned precious metals analyst and founder of the Morgan Report.

The gold stocks and larger juniors had a very strong week. It appears we are seeing the start of the next move in the sector and the miners are leading it.

Our guest today is Mark Yaxley, the managing director at Strategic Wealth Preservation, and we discuss what is happening in the gold and silver markets.

Recall a week ago (per “Gold Gives Thanks as the Economy Tanks”) our having itemized an array of fundamental Gold positives, albeit there still continue technical Gold negatives, price thus having been somewhat conflicted.  However, as rightly therein written:  “…...

This week, the Dow Jones closed short from making a new all-time high by only $3.60, or only 0.01% from a new BEV Zero in its Bear’s Eye View chart below.  Don’t worry, I expect we’ll see the Dow Jones making more than just one new all-time high in the weeks to come...

As the Federal Reserve signals it is moving closer to cutting rates, the gold market is moving closer to hitting a new record.

Elliot Wave Analysis of key markets.

Uganda has joined the growing number of African countries turning to gold to support their currencies. The Ugandan central bank has announced a domestic gold-buying program to buy gold directly from local artisanal miners.

Gold needs to rise above $2450 to negate this potential head & shoulder top. Condition to buy was not met this week, shall wait for a pullback next week.

The United States is facing an increasingly unsustainable fiscal future. The steady increase in the federal deficit from 2018 to 2023 highlights a worrying trend, especially when considered alongside similar fiscal challenges faced by other developed nations. This...

The gold miners’ stocks are surging again, breaking out from recent months’ consolidation.  This strong mid-summer price action is confirming their interrupted upleg is still growing.  It should have a long way to run yet, with gold stocks still quite undervalued...

Here are today's videos and charts.

The gold stocks are leading Gold and signaling the next leg higher. The GDX to Gold and GDXJ to Gold ratios are breaking out and approaching new 52-week highs. GDXJ to GDX ratio is in bull mode.

Gold-backed exchange-traded funds (ETFs) reported net inflows of gold for the second straight month in June. With European funds leading the way, net gold holdings by ETFs globally increased by 17.5 tons last month. 

To gain a comprehensive understanding of the mechanics of the gold wholesale market, it's essential to be familiar with its key building blocks: swaps, leases, and forwards. In this article, we will explore these components and their interactions to be better...

"Will Debt Sink the American Empire?" So asks the Wall Street Journal, in an uncharacteristically gloomy article for the bull market's paper of record.

In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey provides a comprehensive overview of Federal Reserve Chairman Jerome Powell's recent testimony and delves into the investment potential of platinum.

ING just issued its mid-year gold report card. That offers some promising news for precious metals investors. As even after a record-setting first half of the year for the gold price, ING expects the rally to continue through the end of 2024.

Our Guest today is Yvonne Blaszczyk, President and CEO of BMG. Let's start off with the BRICS Nations. Do you think they'll be successful at what they'll be doing, and how will this affect the precious metals market?

Gold finished last week strongly after the US jobs report was released. It’s soft again ahead of the key CPI and PPI inflation reports (scheduled for Thursday and Friday).

Modern monetary theory (MMT) is not convincing to most trained economists of various schools of thought. This causes many to balk at MMT and mock it, some of which is warranted as a reductio ad absurdum, especially given some of MMT’s more outlandish claims. In fact...

Is now a good time to get bullish on platinum? I’ve written a lot about the fact that silver appears to be underpriced given both technical factors and the supply and demand dynamics.

Vince Lanci discusses most recent technical action in Gold & Silver, the return of big money macro buyers in recent days, and his buying more GDX on the back of the breakout in the advance/decline line.

With the collapse of the Western financial and political systems now happening before our eyes, wealth preservation takes on a totally different meaning. 

The best performing precious metal for the past week was silver, up 6.60%. Montage Gold announced their 2024 short-term incentive plan which highlights the aligned interests of the management and the shareholders to drive forward the Koné project's construction and...

If Gold and Silver continue to hold $2290 and $29, then there is a good chance of fireworks in the second half of 2024.