Gold Editorials & Commentary

Previously, I have shown how the US dollar banking system is in the midst of a bank run. We have entered the critical part of this bank run. The US dollar banking system has become too debased, and nations are running to an asset like gold as a reserve asset instead...

Exactly. The GDXJ ETF, proxy for junior and mid-tier gold/silver miners looks like it’s done rallying, and its move above $100 will be invalidated shortly.

Is $4000 a top for gold? Interestingly, this question is mostly moot because calling fiat price tops for gold is an act that can cause significant harm to amateur investors.  

After holding reserves steady in July, central banks returned to gold buying in August. Based on initial data, central banks globally increased gold reserves by 10 tonnes in July, but the late report of a 10-tonne sale by Indonesia dropped net purchases to zero for...

The best-performing precious metal this past week was gold, up 2.60%. Gold and silver are rising amid the U.S. government shutdown. Sustained gains will depend on increased investment in bullion-backed ETFs, which grew by 111 tons (3.8%) last month, according to...

In a recent episode of the Money Metals podcast, host Mike Maharrey sat down with Spanish economist Dr. Daniel Lacalle. The two explored the Federal Reserve’s role in driving inflation, the global sovereign debt bubble, and the implications for gold and silver...

According to the leader of the monetarist school, Milton Friedman, the key cause of business cycles are fluctuations in the growth rate of the money supply. Friedman held that in order to eliminate these cycles central bank policymakers should aim at a fixed growth...

Yes, gold and silver are rallying, and the prices are higher. But as the rally continues, we're seeing that there's more going on here than just some COMEX future traders getting excited about the rate cuts. And as Vince Lanci explains in this morning's show, we're...

Gold soared today and it almost touched the $4,000 level, but miners already reversed. While it could be the case that gold keeps on rallying even up to $4,150, miners might move up by relatively little.

Gold is “value”, which is revolutionary in a greed-oriented society. Reference my August 21st post, Gold Is Revolution. The post boiled down to what I’ve been saying since I began writing publicly back in 2004: Gold is “value” (also reference 2007’s Gold: A Value...

Gold was up 3% on the week. GDX up 3%. GDX was up 3.2%. GDXJ up about 3.7%. So another good week in precious metals.

If for some inexcusably unconscionable reason you missed Tuesday’s Prescient Commentary and/or our entry on “X” (@deMeadvillePro ), we herein repeat same for you stragglers:  “Gold at 00:05 GMT this morning reached its Dollar debasement value of 3865”.

Well, we may finally be seeing a sea change on Wall Street, with major investment house Morgan Stanley abandoning its long-held asset allocation strategy of 60% equities and 40% fixed income. According to Chief Investment Officer Mike Wilson, the firm now recommends...

The federal government remains closed (kind of). How will this affect the price of gold? It will depend on how long the budget stalemate drags out, but from a historical perspective, the impact of government shutdowns has been relatively short-lived and contained....

The Dow Jones this week closed at a new all-time high, its 66th since entering scoring position (between the BEV 0% & -5% lines) below, twenty-three months ago.  What is interesting, is since August 12th, the Dow Jones daily closed less than 1% from its last all...

Gold sector cycle is up, at 100%. Trend is up for gold & gold stocks, and for USD. We took profits and will wait for new set ups

Gold entered an accelerated uptrend in October 2023; prices are up 48% in 2025 marking the strongest annual gain since 1979. Our Gold Cycle Indicator is nearing extreme overbought conditions for the second time this year, and an intermediate peak is becoming likely...

Gold’s massive record-shattering bull run over these past couple years has been epic.  Remarkably it has also been a single monster upleg suffering no correction-grade selloffs.  But gold has just rocketed back up into extreme-overbought territory.  That greatly ups...

Here are today's videos and charts.

In this latest reality check from VON GREYERZ partner, Matthew Piepenburg, the conversation opens with a review of Powell’s latest (predictable) rate cut, and ends with a blunt recognition that the very system which central banks are pretending to manage is openly...

Precious metals and mining stocks are in a strong, confirmed uptrend, and now is the time to let your winners run and ignore the naysayers.

In this week’s Money Metals Midweek Memo, host Mike Maharrey opens with blunt news: the federal government shut down at midnight. Lights off. Doors locked. Theater on.

CNCB says investors should have gold as a hedge if the government shutdown persists. But they miss the real problem. That comes after the government reopens! At midnight on October 1, the feds shut the doors, turned out the lights, and went home.

Investors always love a bull market. Although sometimes once it arrives, and the ups and downs are a little more than expected, it can be more challenging than it sounds.

Even with investment demand for gold surging, it remains “underowned” according to a State Street Investment Management analyst. That means the yellow metal still has plenty of upside.

It’s like yesterday, but with an additional SELL signal for the miners. Here’s why: That’s what I wrote on the USD Index - quoting: The fact that we did see the government shutdown doesn’t change that much. What matters is how long it will remained shut down. And I...

Despite record-high prices, Indians are holding on to their gold. Since the beginning of the year, gold has soared by 44 percent in rupee terms. That’s on top of a 21 percent gain last year.

A few weeks ago the Federal Reserve suggested that they expect inflation to go higher, but they're going to lower interest rates anyway. In response, the gold and silver prices have been soaring ever since.

As the gold rally continues, we're in uncharted territory. But what's really shocking about what's happening is that it's not because the dollar is weak that investors keep buying gold. At this point, it's because they're scared.

The fact that we did see the government shutdown doesn’t change that much. What matters is how long it will remain shut down. And I don’t think that this will happen for any reasonable amount of time. I view the current closure as a hard-ball negotiation pressure...