Gold Editorials & Commentary

Gold, silver, and mining stocks just had a stellar day, significantly improving their technical setups. Gold jumped 2.8% while silver surged 5.38%, driven by a weaker U.S. dollar and escalating trade tensions with China. 

Gold mine output has been basically flat since 2018. Could this signal that we are at or near “peak gold?” Gold mines globally produced an estimated 3,661 tonnes of gold in 2024. It was a new record, but only 3 tonnes higher than the previous record set in 2018.

Japanese company Nippon Steel’s plan to purchase US Steel was bound to provoke a strong reaction from left- and right-wing economic nationalists. After all, US Steel was once the world’s largest company, and it was the first company to be valued at over a billion...

You don't have to imagine it anymore. We're seeing it happen in front of our eyes. As gold is replacing US treasuries as the international store of value.

Central bank gold buying moderated in April, as the gold price hit record levels. Globally, central banks officially added a net 12 tonnes of gold to their reserves in April, according to the latest data compiled by the World Gold Council. This was 12 percent lower...

Gold market bears were shocked by yesterday’s powerful rally, and it’s a rally I suggested was imminent. What were the clues for it and what’s next for the world’s greatest currency?

Veteran market analyst Greg Weldon joined Money Metals' Mike Maharrey for a sweeping conversation about the fragile state of the global financial system. 

It is widely held that a growing economy requires a growing money supply, because economic growth gives rise to a greater demand for money. It is also believed that failing to accommodate the increase in the demand for money, will lead to a decline in the prices of...

Greg believes we are approaching a Bond Market Crisis & Debt Black Hole. His next major target is $4945 for Gold and if Silver takes out $36.50, it's going to $50.

We've just seen a stunning rally in the gold market. But has it topped now? David Morgan checks in to share what the chart is saying.

Elon Musk just quit the US government, because after finding a lot of fraudulent spending, he gave up hope that the they ever had any intention of stopping it.

A crisis is unfolding in the bond market that equity investors may not be aware of. Long-term government bond yields are rising across major economies as governments struggle to contain mounting debt burdens.

Just like for silver, every major gold rally since 1971 has been during a time of US dollar decline (i.e., US Dollar Index decline—that is, the US dollar as measured against a basket of major currencies).

Is Gold in a weekly parabolic Short trend?  Yes.  Indeed, have four of the past six weeks been net down for Gold?  Yes.  Including this last one?  Yes.  Even with +27 points of fresh August premium just added to present price?  Yes.

Well, Bank of America seems to have turned into a bit of a precious metals bull, announcing in recent days it has raised its one-year gold price target to $4,000 and silver to $40. Last October, the big bank had only projected $3,000 for gold in 2025.

Our proprietary cycle indicator is DOWN. Current data favors overall lower gold prices. Trend is DOWN for gold stocks.

The U.S. Dollar Index is at a critical inflection point, and how it behaves from here will have a major impact on the direction of gold, silver, and commodities.

The Federal Reserve is on autopilot. Minutes from the May 6-7 meeting said FOMC members noted that “economic activity had continued to expand at a solid pace and labor market conditions continued to be solid.”

On family vacations to the beach, my dad loved to tinker with a metal detector. I’m pretty sure he wasn’t motivated by the potential for riches because he never found anything more than some change and the occasional metal can. My mom used to tease him for wasting...

Gold and its miners’ stocks are entering their weakest season of the year, early summers.  Vacations and summer fun divert traders’ attention, leaving waning interest in markets.  That usually weighs on demand for gold and gold stocks, so they tend to drift sideways...

Here are today's videos and charts.

Trade policy and tariff news are driving the markets daily, but economist Thorsten Polliet says there are deeper economic risks in play that investors should consider.

In this episode of the Money Metals Midweek Memo, host Mike Maharrey delivers a sharp rebuke of the financial media's obsession with tariffs and trade wars. 

Bank of America is eyeballing $4,000 gold and $40 silver by the end of the year or early 2026. Last October, the big bank projected $3,000 in 2025.

For the second time in recent years, new sound money legislation has become law in Florida. Governor Ron DeSantis signed H 999 this week, paving the way for the elimination of the Sunshine State’s remaining sales taxes on purchases of gold and silver coins, bars,...

In a remarkable feat of modern physics, scientists at the Large Hadron Collider have managed to recreate one of humanity’s oldest fantasies: turning lead into gold.

I’m glad to hear a number of significant conservative voices fully agreeing with my own position on Trump’s Big Beautiful Bill. Apparently, there is still a little life left in the true conservative minority that remains within the Republican Party. Let’s start with...

It's been a quieter period of news out of the BRICS regarding their de-dollarization efforts. But that doesn't mean that plenty isn't happening ahead of this year's BRICS Summit.

Even though China is traditionally known as a price sensitive buyer in the gold market, their imports in April spiked 73% month over month to the highest level in nearly a year.

Gold and silver are currently consolidating in a healthy manner, which is likely laying the groundwork for their next leg higher.