Gold Editorials & Commentary

Gold was extremely overbought in the spring & due for a rest. It has corrected bullishly but is far from its 200-day moving average.

Gold’s sharp drop may present a buying opportunity for those expecting gains in the second half. Rising holdings in bullion-backed ETFs suggest many investors see it as a worthwhile bet. Monday’s decline followed confirmation from President Trump that U.S. bullion...

At this point, far into the broad market recovery rally with gold stocks so close to the primary target (HUI 500+/-) I want to make sure I am speaking clearly as a human, rather than mechanically as a TA or macro funda dork. That will probably shorten this report...

Rumors of gold revaluation have been in the news lately. One thing is clear. Politicians have no interest in using the nation’s gold reserves for anything like the original purpose.

In a recent Money Metals podcast, host Mike Maharrey spoke with Jeff Clark, a veteran gold and silver analyst and founder of TheGoldAdvisor.com, about the state of the precious metals markets, mining stocks, and the forces shaping investor sentiment. 

Pressure on Jerome Powell and the Federal Reserve continues to mount as both Wall Street and the White House demand more easy money to keep asset price inflation accelerating ever upward. These inflationists also hope that easy money-policy will somehow reverse the...

With the gold price still not all that far off from its all-time high, the banks are having a harder time ignoring what's going on. So in this morning's show, Vince talks about five crucial observations a recent bank made about the gold market and the gold miners....

The Bolivian government is using gold to maintain the country's solvency. Large amounts of dollar-denominated debt burden Bolivia, and the country owns the lowest credit rating of any Latin American country, according to S&P Global. The country’s debt is rated...

As mentioned in my last article in mid-July, Gold was looking for a rally to play out into August, before turning south for another low into the mid-to-late September timeframe. From there, a very strong rally is expected to play out, ideally lasting into early next...

When it comes to financial news, stocks, bonds, interest rates and inflation are some of the topics that garner headlines, but it’s consumer spending that matters most. The amount that Mr. and Mrs. Consumer spend represents close to 70% of US Gross Domestic Product...

Fifty-four years ago (August 15, 1971), Nixon took the USD off its gold standard, thereby officially putting the final nail in the Constitutionally mandated concept of US money. But hey, at least the Constitution can still serve as a nice museum piece for kids to...

Trump looks like a hero now, but he could become a goat when the bull market ends. He campaigned as the man who would make America great again, and no one should doubt the sincerity of this quest or his commitment to returning the nation to its core values.

Interesting week in the precious metals patch. Gold and silver were down on the week, yet GDX was higher by almost 1%, GDXJ up by 2% on the week, SIJ, the silver juniors, also were higher on the week. So good week for the stocks. Even as gold and silver were ...

Well, at least the regulators were finally kind enough to tell you in advance this time, right? But as we round out the week, old faithful Vince Lanci digs into what the ECB is so worried about, and what it would mean for the gold market if they turn out to be...

The price of silver in 2026 is expected to move to $50 an Ounce. While the expected outcome in 2026 may be a quick drop after moving into the $44 to $52 area, there is a high probability that the price of silver will enter new highs either in 2026 or 2027.

Well, this week the U.S. national debt officially topped $37 trillion for the first time ever. You may recall the federal government ran up against the debt ceiling on January 1. As a result, the federal government couldn’t borrow any money until the enactment of...

Gold this past week succumbed as a fallen dove, now further facing a stint of “sluggish seasonality” per the shaded strip in the above graphic encompassing these last four years.

The Dow Jones, and most major-stock indexes continue trading near their all-time highs, but that doesn’t mean this is a legitimate bull market.  Below is something by Gerald Celente, from King World News to keep in mind when thinking about the stock market in 2025...

Gold miners just finished reporting their best quarterly results ever.  Mainly thanks to amazing record gold prices, its miners achieved epic record revenues, record unit profits, record bottom-line earnings, and record operating cashflows.  Last quarter proved gold...

On August 11, the national debt officially topped $37 trillion for the first time. It took a little longer to hit this milestone. It only took 188 days for the debt to grow from $35 trillion to $36 trillion. It took another 265 days to reach $37 trillion.

Gold sector cycle is up. Trend is up for gold stocks and USD and down for gold. We are now invested in UUP.

Here are today's videos and charts.

In this week’s Money Metals Midweek Memo, host Mike Maharrey draws a sharp parallel between preparing for hurricanes and preparing for financial storms. 

Since hitting a record high of $3,500 an ounce in April, gold has consolidated and generally traded sideways over the last several months. Some have speculated that the rally might be over, but economist Thorsten Polleit believes the rally is far from over.

President Trump has, it is clear, upended the global trading system and America’s place in it through his aggressive use of tariffs as a tool of personal power. These actions would have shocked the Founding Fathers as offensive to the spirit of their new...

Wow! I know I said I was going to hold off on covering the full scope of inflation news until my weekend Deeper Dive, but, WHEW! what a burner! As it turns out, I can’t pass by today’s biggest economic news without commenting. I just can’t make myself do it. This...

Richard Werner discussed three different views of banking during his appearance on the Tucker Carlson show: 1. The financial intermediation theory; 2. The fractional reserve theory (which includes the “money multiplier”); 3. The credit creation theory

The precious metals market hasn’t done that much since I posted my gold price forecast for August 2025, so today’s issue will be a supplement rather than a major update – there’s simply nothing to update.

California just found out. In the world of economics, everybody from academic theorists to Wall Street strategists holds strong, often differing views on a wide variety of topics ranging from tariffs to taxes to the debt ceiling. Simply tune into both CNN Money and...

Throughout history, financial markets have risen and fallen in cycles of expansion and collapse. Booms are celebrated, but the busts usually come as surprises—even when the risks are supposedly understood.