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Gold Editorials & Commentary

March 25, 2024

The Fed’s main job supposedly is to manage our expectations, but have Powell & Co. painted themselves into a corner? At the moment, it would appear that investors have no clue what to expect.

Gold hit a record-high $2,200 an ounce Thursday, on expectations of interest rate cuts later this year. At its March meeting, the US Federal Reserve held its federal funds rate at 5.25 to 5.5%, and indicated it would slash interest rates three times (0.25% x 3 = 0....

Money supply growth fell again in January, remaining deep in 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 much of...

The Fed giveth and the market taketh away. After a Fed induced rally, Gold reversed around $2200 but now has immediate at $2150. A retest of the break above $2100 is definitely possible.

After a 3-week rally for gold and silver, the selloff finally occurred yesterday. Which wasn't entirely unexpected given the recent position of the banks and hedge funds.

Florian Grummes is joining us today, and he shares his insights on the recent gold price surge to all-time highs, the dynamics between gold and silver markets, and the broader economic indicators influencing these precious metals.

Gold has past $2,200 and silver is starting to catch up a bit, but this has been a commodity rally across the board, not specifically a gold or silver rally. That is yet to come.

March 24, 2024

Gold recorded another series of fresh All-Time Highs this past week in eclipsing the 2203 level (from 08 March) in a swift run up to 2225 on Thursday before coming off (as we’ve written “expectedly”) in settling yesterday (Friday) at 2167.  Still, given Gold’s...

As the Federal Reserve confirms plans to cut interest rates later this year, Jay Powell’s shifty stance on inflation has left many Fed watchers scratching their heads – and others crying foul.

This week (Wednesday & Thursday) added two more Bear’s Eye View (BEV) Zeros (new all-time highs) to the Dow Jones’ BEV chart below, numbers 22 & 23 of the current advance, and closed the week deep into scoring position, with a BEV of -0.77%.  At the close of...

March 23, 2024

Gold sector cycle is up. Trend is up for USD and down gold stocks. A new high in gold and a lower high in gold stocks results in a divergence.

Utah Governor Spencer Cox signed legislation on Thursday empowering the state Treasurer to secure state funds with a significant allocation to physical gold and silver.

March 22, 2024

The mid-tier and junior gold miners in this sector’s sweet spot for upside potential are finishing reporting their latest quarterly results.  Those have proven spectacular, with these fundamentally-superior smaller gold producers delivering big on all fronts.  The...

Here are today's videos and charts.

The Federal Reserve plans to scale back Quantitative Tightening, currently set at $95 billion monthly, sparking a surge in the price of gold. 

Devastating mudslides, damaged homes, and forced evacuations were triggered by storms in California. Hillsides that had been destroyed by fires and droughts and had no vegetation to absorb the rain were vulnerable to landslides and mudslides. In Sierra Nevada’s...

Responding to an overwhelming groundswell of grassroots pressure, Gov. Tony Evers today signed a bill into law that secures Wisconsin’s place as the 44th state in America to end sales taxes on the purchase of precious metals.

Well....the Fed meeting and press conference came and went yesterday. And by the time the summary of economic projections were released and still indicated 3 rate cuts in 2024, and Jerome Powell finished talked about how the Fed is getting closer to slowing the pace...

March 21, 2024

The Federal Reserve didn’t do anything at its March Federal Open Market Committee (FOMC) meeting, but Jerome Powell & Company had plenty to say. The Fed’s dovish rhetoric sent a wave of relief through the markets and drove stocks to yet another all-time high.

President Biden may have recently made history as the first president to discuss snack chips in the State of the Union message. He used snack chips to illustrate the phenomenon of shrinkflation.

March 20, 2024

The announcement of the week award goes to BoJ that just hiked rates for the first time in 17 years. Not without impact on gold.

The Federal Reserve’s bank bailout program shut down on March 11. So, what next? The Fed created the Bank Term Funding Program (BTFP) after the collapse of Silicon Valley Bank and Signature Bank last March. The program was set up so banks could easily access cash “...

According to the Bureau of Labor Statistics' latest price inflation data, CPI inflation in February accelerated for the second month in a row, and price inflation hasn't proven nearly as transitory as the regime's economists have long predicted. 

March 19, 2024

Last night’s “historic” rate hike from the BOJ didn’t provide the big meltdown in the dollar that many FOREX traders were hoping for. 

After almost 4 years of going nowhere gold has this month broken out into what looks set to be by far its biggest bullmarket to date, and it would be surprising if it wasn’t given the fundamental outlook which is for currency and societal collapse, implosion of the...

If you had been following the market closely this past week, it likely would have left you scratching your head if you were trying to align the news with the market action.

The much anticipated (and to some, much dreaded) rematch between Joe Biden and Donald Trump is now official. Last week, both candidates locked up enough delegates to secure their respective parties’ nominations for President.

In the midst of the recent gold and silver rally, Goldman Sachs has just updated their year-end gold target to $2,300. And suggested that the move will re-activate 'dormant ETF buying.'

March 18, 2024

There is quite a bit of debate right now about whether inflation’s effects will worsen again soon; or, whether the inflation threat has been minimized and “disinflation” will prevail. Don’t look now, but the specter of a liquidity crisis is looming in the background...

In this unique compilation of interviews made throughout 2023, VON GREYERZ partner, Matthew Piepenburg, squarely addresses the key themes and questions regarding physical gold ownership. Not surprisingly, so many of the trends (inflation, rates, Fed policy and gold...

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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