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NEW YORK (July 26) The gold market is seeing solid momentum, trading near session highs as U.S. inflation pressures rise in line with... Read More »
NEW YORK (July 26) Gold prices are higher in early U.S. trading Friday, on a corrective bounce from strong losses Thursday. Silver prices... Read More »
NEW YORK (July 26) The gold market is finding new resistance at $2,400; however, one commodity brokerage firm expects that it’s only a... Read More »

 

Latest Gold Articles

The gold miners’ stocks are enjoying a strong summer, recently surging to new bull highs.  These upleg gains should continue mounting with gold’s autumn rally providing stiff tailwinds.  Outsized Asian demand usually fuels seasonal gold gains into late September. ...

Here are today's videos and charts.

I recently viewed Finding the Money, a video aimed at persuading a popular audience of the putative merits of Modern Monetary Theory (MMT).  The video debuted this past May on several streaming platforms and theaters throughout the U.S.  Whether it succeeded or not...

Chris recently sat down with Aaron Hoddinott on Pinnacle Digest’s podcast. Topics covered the gamut from how a high school trading/investing project changed the course of his life to blowing up his trading account while learning the do’s and don’ts to the Asset-Revesting style that he developed and uses now.

It can, but it can also decline, and the latter is actually more likely. What a crazy idea, right? With the lower cost of money (interest rates), gold should be more attractive to investors (it pays no dividend), so its price should rally, right?

Gold lost its gains as today’s stock sell-off gained steam, leading to a liquidity crunch and margin calls. Still, the yellow metal is weathering the turmoil very well so far.

Gold’s breakout failed and fell back into the previous consolidation zone at $2300 to $2400/oz. Silver reversed hard and is threatening support at $29.

Global debt has already tripled this century, with the dollar and most currencies having lost 98.5% of their purchasing power since 1971.

In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey delved into the perils of central planning and the inherent limitations of human knowledge, drawing on insights from economist Friedrich Hayek and financial expert Jim Grant. 

Just a few days ago while both gold and silver were selling off sharply to end the week, many precious metals investors were concerned about another downturn.

Today, India slashed its import tax on gold and silver, a move that could further boost demand for both precious metals in the world’s second-biggest gold market and support higher prices globally. 

Buckle up, folks. The global economy is teetering on the edge, and it’s about to get ugly. If you thought the 2008 financial crisis was bad, brace yourself for what’s coming next.

The 2024 Republican platform promises that, if Donald Trump returns to the White House and Republicans gain complete control of Congress, they will reduce inflation. The platform contains some proposals, such as reducing regulations and extending the 2017 tax...

GDX is battling monthly and quarterly resistance around $37.50. A clean, strong break above triggers a potential measured upside target of $55, the 2010-2012 resistance highs. A steepening in the yield curve and the start of Fed easing would be the fundamental...

Can US fiat queen Kamala beat fiat king Donald in the nation’s next election? In these trying geopolitical times, citizens are perhaps best served by focusing less on their favorite fiat nation leaders, and more on gold.

Why is the price of gold rising if the global economy is not in recession and inflation is allegedly under control? This is a question often heard in investment circles, and I will try to answer it.

The best performing precious metal for the week was gold, but still down 0.80%. Total known ETF holdings of gold bottomed out at 80 million troy ounces on May 13, 2024.

You might think of gold as old-fashioned - an investment that mostly appeals to Boomers. But in the real world, it's Millennials and Gen-Zers who are clamoring for gold.

Ben Franklin once noted that “we are all born ignorant, but one must work hard to remain stupid.”   Yet, the ignorance presented by the financial media never ceases to amaze me.

Florian Grummes, Managing Director of Midas Touch Consulting, predicts that gold prices will increase as a collapse of the monetary system pushes up hard assets. Grummes expects Gold to climb to all new heights!

After a somewhat volatile trading session in the far east last night, the silver price is down another 30 cents, while gold is trading $2 lower.

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