Gold Editorials & Commentary

The dominant GDX gold-stock ETF finally bested its last record close, which was seen an astonishing 14 years ago!  Gold stocks forging back into record territory will fuel much bullish financial-media coverage and trader interest, leading to more buying.  And this...

Here are today's videos and charts.

Maybe we should call it Zombie Inflation. Every time the mainstream declares price inflation dead and buried, new data comes out and rains on the funeral.

We're looking at history with respect to gold and silver and applying it to today. So, we're looking at cyclical bull markets in gold and silver. Also, how they perform after breaks out to a new all-time high. So, we're applying that to the moves today. And that...

The latest CPI report is out, and there's also news out of the mining sector after a significant decision by senior gold producer Newmont.

The current gold bull market continues to track the one of the 1970s and appears to be in the mania phase. Here is an update of my 1970s gold bull market comparison:

Both employment and inflation numbers were worse than expected. Stagflation approaches. Or is it already here?

Ninety years later, every Fed decision — from raising rates to curb inflation to cutting them in a downturn — still flows through the framework created in 1935.

It seems that I could end today’s analysis after writing the title. That’s exactly what is happening. Ok, USD’s comeback above the upper support line and the April low is one other notable thing, but other than that things are pretty much as they were yesterday.

If you’ve been wondering why many of the junior and micro-cap PM stocks are beginning to show some life, the CDNX is a good index to look at. One of the most beaten-down areas within the PM complex have been the junior and micro-cap stocks, which have gotten no love...

Raising the debt ceiling takes the Fed out of the reserve volatility frying pan—but may land it in the debt-monetization fire.

A lot more news streamed in since my Deeper Dive on the labor market, affirming the major recessionary downturn I reported in my analysis. However, since I covered that extensively in the Deeper Dive, I’ll let the headlines below speak for themselves in telling the...

The Bureau of Labor Statistics this morning released new revised benchmark payroll totals used for estimating employment in the United States. The new revisions adjusted payrolls, for the year-long period ending in March 2025, downward by 911,000.

President Trump has recently endorsed a policy that is arguably as socialist as anything proposed by New York mayoral candidate Zohran Mamdani or Sen. Bernie Sanders — partial government ownership of private corporations.

Retail sales showed a healthy increase of 0.5 percent in July. At the time, analysts claimed this was a sign of a resilient consumer. Turns out, they charged that shopping spree to their credit cards.

As fast and furious as it has been, the gold rally has not stopped yet. In fact, it even just took out the 1980 US inflation-adjusted high.

Basis GDX, gold stocks hit an all-time high yesterday… and gold is powering up the charts again today!

Economist Torsten Slok produced an interesting chart showing how the inflation cycle of today resembles that of the 1970s.

The best performing precious metal for the past week was gold, up 3.64%, on expectations that the Federal Reserve might cut interest rates by 50 basis points at its September 17 meeting, as a weaker-than-expected gain in Nonfarm Payrolls highlighted the lackluster...

With the price of gold at record highs and demand surging in Asia, many ultra-wealthy families are embracing a 19th-century model and jumping into the gold business, taking on the role of bullion traders, financing, shipping, and flipping gold without the middlemen...

The U.S. dollar is experiencing a rare volatility squeeze, indicating that a major move is near. While the most likely direction is downward, any move will have a big impact on precious metals.

For the third straight month, gold flowed into ETFs globally, led by North American and European funds. This continues the general trend this year. Gold inflows into ETFs through the first half of 2025 hit levels not seen since the pandemic.

For almost two years now, the gold price seems to just keep going up. And now that it's crossed over the $3,600 level, we're starting to see some familiar times of another area in past history.

US producer prices increased by the most in three years in July amid a surge in the costs of goods and services, suggesting a broad pickup in inflation was imminent, Reuters reported in mid-August.

Following the release of last month’s official federal jobs numbers, President Trump complained that the commissioner of the Bureau of Labor Statistics was publishing inaccurate, too-low employment numbers to make Trump look bad. So, Trump fired the commissioner....

Even though the Fed has indicated that they're likely to begin cutting rates again after a pause this month, we don't have that recession signal yet. This is significant gold against the stock market.

It seems like we are starting to see a trend here. As El Salvador just became the latest country to add gold to its reserves, doing so for the first time in 35 years.

Today is 06 September 2025.  Do you recall up to where Gold traded on this very date 14 years ago? “On this day in 2011 price reached an all-time high of 1923, right mmb?” Precisely so, Squire, yet then for nearly nine years ’twas never higher.

The gold bugs are right. Gold is an important asset that everybody should hold. And yet, the mainstream looks at these so-called gold bugs with derision. 

Our proprietary cycle indicator is up. GLD is on short term buy signal. GDX is on short term buy signal. XGD.to is on short term buy signal. GDXJ is on short term buy signal.