Gold Editorials & Commentary
March 27, 2026
Gold has pulled back to its 200-day moving average for the first time in over two years. While precious metals are attempting to find a floor, broader market stress continues to weigh on the sector.
Markets are shifting gears again. The dollar is testing a major resistance zone after another push higher, while gold and silver are fighting to reverse recent breakdowns. Momentum is back - but conviction? Not yet.
Gold’s performance during Trump’s Iran war has been quite ugly, worrying traders. Usually geopolitical shocks boost gold, and effectively shutting down the world’s most-important oil-and-LNG artery could be the biggest of our lifetimes. Yet gold’s war disconnect has...
The market is starting to show its hand. The dollar is pushing into resistance after a controlled rebound, while gold and silver are already reacting - and not in favor of the bulls. This creates a classic setup: one market hesitating… the others already moving. And...
In a recent episode of the Money Metals Midweek Memo podcast, Mike Maharrey opens with a surprising admission. In the short term, he has turned bearish on gold.
Even as gold faces significant price pressure as the Iran war drags on, dealers in Singapore are bracing for continued high demand. The Straits Times reports that bullion dealers, jewelers, and pawn shops report a surge in precious metals buying, and many retailers are...
March 26, 2026
As the world once again finds itself navigating the fog of war alongside the distortions of a deeply imbalanced financial system, it is worth stepping back from the noise and focusing on the underlying realities.
The Federal Open Market Committee (FOMC) held interest rates steady on Wednesday, keeping its target range at 3.5 to 3.75 percent. Chair Jerome Powell offered a sober but familiar assessment: the economy is expanding, the labor market is stable, and inflation remains “...
I’ve turned bearish on gold. For now. Bearish sentiment has taken over the markets. As one analyst put it, “Wall Street has thrown in the towel on gold.” The problem is, they threw in the towel while they were still dripping wet.
We just watched the gold and silver prices get clobbered, right as the Iran war escalated into a complete catastrophe. And while there have been a lot of reasons put forth, some of which are not entirely incorrect, there's one primary driver that's really impacted the...
Two successful professionals—one a semi-retired entrepreneur, the other a top attorney—both had the intelligence and capital to manage their own investments. Yet both watched their portfolios suffer devastating losses, despite doing everything conventional wisdom told them to do...
March 25, 2026
In a recent episode of the Money Metals podcast, host Mike Maharrey sat down with Chris Powell, co-founder of the Gold Anti-Trust Action Committee, for a wide-ranging discussion on gold and silver markets, government intervention, and what it all means for investors...
President Trump’s conflicts with Chairman Powell and with Governor Cook have obscured real shortcomings at the Federal Reserve and brought little useful change. These conflicts tend to focus on whether the Fed’s target interest rate is too high or too low. Meanwhile,...
Many people are flummoxed by gold’s deep correction over the last two weeks. Given there’s a war on, shouldn’t gold be catching a strong safe-haven bid?
March 24, 2026
Monday's market reaction was dramatic. After threatening over the weekend to "obliterate" Iran's power plants if the Strait of Hormuz wasn't reopened within 48 hours, President Trump posted on Truth Social that the U.S. and Iran have had "very good and productive...
Markets rise and fall. Some are of higher quality than others. Some offer more potential reward (and more risk). In the case of global fiats, these low-quality items were overdue for a temporary rally against supreme money gold. They rallied… and they can now be sold.
If you are new to gold, or if you are a speculator in gold (or even worse, a levered speculator in gold), you are likely asking yourselves what in the “H. E. double tooth-picks” just happened to gold? It lost over 9% in the futures market in a single session and saw...
Gold miners are facing pressure from lower gold prices and rising diesel costs, which account for 15–20% of cash expenses. Producers set 2026 cost assumptions around $70 per barrel oil, but prices have moved higher.
According to much popular economics, the current monetary system amplifies the initial monetary injections of money. Thus, if the central bank injects $1 billion into the economy, and banks hold 10 percent in reserves against deposits, this will allow the first bank to...
This is just an intermediate term correction in gold and the gold stocks and probably a little bit more in silver. I'll talk about it and tell you why precious metals are extremely close to a short-term rebound in this video.
March 23, 2026
I thought my subscribers might have been, so I posted an early Gold Trading Alert today. This article is based on it. I’ll leave out the details on gold, silver, mining stocks, and copper, but I’ll tell you about the markets that likely triggered the moves in the PMs....
Spot gold closed Friday in New York at $4490 and spot silver closed at $67.69. Both prices were new closing lows for the two metals.
It wasn't the best week for the gold and silver prices, as they got absolutely clobbered, and continued the third week of a sell-off that started back when the Iran war began.
March 22, 2026
With the action seen over the past week or so, the downward phase of the 34-day cycle was confirmed to be back in force - with the same now seen as true for the bigger 72-day component. With that, the next decent swing low should come from the combination of these...
Since the big selloff in January, gold has generally traded in a range between $4,600 and $5,200 an ounce. It got a little bump when the U.S. began military operations in Iran, but has since fallen to the lower end of that range, and even just below it here today.
We’ve felt a bit of a lone wolf year-to-date in duly citing Gold’s overbought state. However of late, the mighty metal’s market participants have finally been grasping Gold’s dire strait. For en route to settling the week yesterday (Friday) at 4492, price from its ...
March 21, 2026
Gold sector cycle is DOWN. Trend is up for USD and down for gold & gold stocks. Correction in progress.
The precious metals market dipped a bit today and the USD Index rallied, but I stand by my yesterday’s analysis: Profitable Bloodbath - Change in Positions. A corrective rally (lasting between a few days and two weeks) in the precious metals market is likely in my view...
March 20, 2026
Back in January we (NFTRH) targeted the PDAC time frame (1st week of March) for a much needed correction of the excesses to begin. Gold stocks, along with gold and silver were due for a beat down after all that 2025 bullishness and market leadership.
The Fed struck a moderately hawkish tone, emphasizing uncertainty, which is likely to limit the odds of rate cuts in 2026. The recent breakdown in precious metals and mining stocks feels like the final washout heading into an intermediate low.
If you know inflation is going to increase, would you sell your inflation hedge? Me neither. That would be dumb, right? However, that’s what a lot of people did yesterday (Wednesday, March 18), and they're still doing it this morning. This hints at the Catch-22 still...
