Gold Editorials & Commentary

On “liberation day” the Trump administration declared economic war imposing the highest tariffs in the world averaging 24 percent, up from 2.5 percent in 2024. Then on the day the reciprocal tariffs were to take effect, he abruptly “paused” his sweeping tariffs on...

What happens when a market really wants to decline, but it gets no trigger? It’s waiting for the trigger, and waiting… And finally moves anyway, even in its absence. That’s what we see in gold and silver today. To be precise, what we now see is much more bearish...

Anyone who looks at fiat currency long enough, eyes wide open, usually comes to the conclusion that this is an upside-down world.

Treasuries finished climbing solidly above a 4.5% yield on the 10YR and held above that through the end of the day (4.54% as of the writing of this editorial). That’s almost a three-month high. Not too surprisingly whenever the main benchmark Treasury yield gets...

After slight deflation in March, prices rose again in April. The Bureau of Labor Statistics (BLS) reports that the Consumer Price Index (CPI) increased 0.2 percent last month. Over the past year, it rose 2.3 percent. “The April change was the smallest 12-month...

The chart of SPX and gold shows that volatility was hard-wired into a macro market situation that had been relatively normal prior to August, 1971.

Those golden bulls have grabbed some attention. According to the latest Gallup poll, gold has overtaken stocks and is now viewed as the second-best long-term investment in America, trailing only real estate.

Gold declined on Tuesday and Wednesday as the dollar strengthened and President Donald Trump teased plans to announce a “major” trade deal on Thursday, boosting optimism around potential tariff relief. However, gold rebounded on Thursday and Friday as the news...

Despite the 'truce' in the trade war between the US and China, China was still buying more gold on the latest price dip.

JP Morgan just put out a new research report on the gold market, where now they're talking about how the gold price could hit $6,000 per ounce by the end of Trump's terms.

The good news is that the bulk of US & Chinese government tariff taxes have been paused and stock markets in both countries are soaring.

Both gold and silver are undergoing healthy consolidation phases after their strong rallies, allowing them to reset and work off overbought conditions.

Rising gold prices have spurred investment demand, especially in the East, and helped drive Q2 gold demand to the highest level since 2016. In China, demand for gold bars and coins charted the second strongest quarter on record.

After two strong days to start the week, the PM complex took the day off to rest for a bit. While the rest of the PM complex rested today, the CDNX continues to push higher, breaking out from the one-year bullish expanding rising wedge.

In this episode of the Money Metals podcast, host Mike Maharrey chats with Dr. Nomi Prins in an engaging interview. Dr. Nomi Prins kicked off the discussion by framing today’s gold rally as just the beginning of a much larger trend. She forecasted gold reaching $3,...

President’s Trump Liberation Day announcement of higher tariffs was supposed to trigger massive reshoring and restructuring of the US economy towards its manufacturing industries. 

The gold price is down $109 to start the week, with the big news being a report that China and the US have agreed to cut the tariffs.

Both are completely unsurprising, as the technical analysis (and common sense) provided insights beforehand. Yes, the U.S. – China dramatic tariff decrease announcement was the direct trigger – the technical writing was on the wall for a long time.

What was good for the bullish goose (sentiment extremes in March-April) is going to be good for bearish gander as well.

When Russia invaded Ukraine in February 2022, $300 billion of Russian assets held in foreign countries were immediately frozen, the majority of which (about $200 billion) are within Europe.

The Fed seems confident it can hold inflation near two percent, but the full impact of tariffs on prices and employment remains unknowable.

Matterhorn Asset Management (now VON GREYERZ) principal, Matthew Piepenburg, sits down once again with Elijah Johnson of Liberty Finance to discuss recent shifts in the global currency and precious metal markets leading into the August 2022 Jackson Hole summit....

The gold futures soared through $3,200 a few weeks ago, on the way briefly past $3,500, and since then the price has traded ‘violently neutral’ around that range.

Recap of the previous week in precious metals and look ahead. We talked last week that precious metals are in a larger correction, but a little bit oversold in the short term. I was expecting a little bounce this week, but a big bounce we had with gold up over 2% on...

At this week’s close, I’m wondering what the market has instore for the Dow Jones below.  The Dow Jones closed above its BEV -10% line on April 29th, nine NYSE trading sessions ago, and has since managed only to keep above it, refusing to advance any closer to its...

Our missive’s title is ever so suitable for parsing… So let’s go! Part Un:  “Gold Regains Ground” for indeed it did in settling yesterday (Friday) at 3329 for a net weekly rise of +82 points (+2.5%).  Heaven forbid price instead have suffered a third consecutive...

In a rare moment of honesty, Federal Reserve Chairman Jerome Powell admitted he and his fellow central bankers don’t know what they’re doing as they wrapped up the May Federal Open Market Committee (FOMC) meeting this week.

Gold sector cycle is down. Trend is up for gold & gold stocks and down for USD. A consolidation is in progress.

Here are today's videos and charts.

Today, we've got significant news regarding potential tariff reductions on China. President Trump suggested that "80% Tariff on China seems right" ahead of upcoming trade talks with Chinese officials. This would represent a substantial decrease from the current...