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Gold Editorials & Commentary

May 15, 2024

They are at it again, ole’ Harvey and Erb. First there was the Golden Dilemma in 2012, where they predicted $800 for the gold price (it made a low of 1046 in 2015) based in part on its lack of effective inflation utility (well, they were at least half right, sort of...

The money supply (M2) has bounced to March 2023 levels and has been rising almost every month since October last year. Furthermore, US government deficit spending has more than offset the decline in the Federal Reserve balance sheet. While the Fed’s balance sheet...

Industrial and tech demand for gold rebounded in the first quarter, rising 10 percent year over year. Industrial and technological applications consumed about 79 tons of gold in Q1, according to data compiled by the World Gold Council.

Gary Wagner, the editor of TheGoldForecast.com, joins the show, and we delve into the latest trends in gold and silver markets. Gary shares his expert analysis of the current pressures on gold, the bullish signals for silver, and how recent FOMC decisions might...

During a time when the Fed has aggressively hiked interest rates and left them 'higher for longer' well past what most investors were expecting, we've still seen one of the more impressive gold and silver rallies of the past 2 decades.

May 14, 2024

The US PPI inflation report is today, and the CPI is released tomorrow. The average American is experiencing much more “boots on the ground” inflation than these reports have shown to date, and they are managing it by taking on more debt. 

The relationship between gold and inflation is not usually a positive for gold stocks, but that is changing.

Gold consolidated early in the week between $2,340 to nearly $2,310, but the weaker than expected initial jobless claims came in higher than expectations, which launched gold higher, and the momentum continued Friday with the weaker than expected preliminary survey...

In today's video I'm going to take a look at the last bull move in gold and extrapolate if I think this pattern is going going to play out during our present bull move. 

According to new reports from the Social Security and Medicare trustees, Social Security and a Medicare fund that pays for hospital expenses will both begin running deficits in 2035 and 2036. Disappointingly, but not surprisingly, Congress was too preoccupied...

The U.S. government ran a rare surplus in April, but don’t get too excited. The Biden administration hasn’t slowed down the spending train, and more budget shortfalls loom on the horizon.

May 13, 2024

Let’s give credit where credit is due. Facing down a record-high budget deficit and an entrenched inflation problem, the government is finally embracing fiscal responsibility in a significant way.

Although there is no publicly traded company called Pirate’s Treasure, the impressive price history displayed in the chart above is real enough. The Canadian company holds royalties to five gold mines that could conceivably rank among the largest in the world...

As inflation signals moderate and Goldilocks gets pumped, gold is forecasting something more virulent for Q4 – H1, 2025. While this is not an article about gold mining, it is an article about the counter-cyclical economic backdrop ahead that gold is forecasting, and...

In this detailed interview with Silver Bullion Television, Matthew Piepenburg, partner at Von Greyerz, joins host Patrick Vierra in Singapore to discuss the pressing issues facing the global economy.

You might get a rueful laugh from a report in yesterday's Wall Street Journal that was headlined "Inside the 21st-Century Gold Rush" and appears in the clear at MSN.com here:

Join us today as we delve into the exciting future of the gold and silver markets with experts Thomas Parilla, Dan Stuart, and Roger Rosmus. In this episode, we discuss the potential trends and economic factors influencing precious metals into 2024, including...

The miners continue to lead the metals as they start to break above their April highs while Gold & Silver remain below those highs. Silver is getting ready to outperform Gold.

We had the rally, and we had the selloff. But now gold, silver, and the miners are rallying again, and in today's show, Vince explains why.

May 12, 2024

Is Gold’s near-term correction completed?  If so, it lasted 16 trading days spanning from the recent All-Time High of 2449 (12 April) down to 2285 (04 May), a loss of -164 points or -6.7%.

In the three weeks since my last article, the Dow Jones has seen some drama, as evident in the BEV chart below by it making a move to break below its BEV -5% line, thus closing outside of scoring position (-0.01% to -4.99%).  Actually, on April 30th, the Dow Jones...

As inflation continues to put the squeeze on consumers, precious metals markets are back on the move. Gold prices are up 2.7% this week and currently trade at $2,375 an ounce as of this Friday morning recording. A solid close above the $2,400 level should set the...

May 11, 2024

Our proprietary cycle indicator is now DOWN. Current data favors overall lower gold prices.

Tiny bars of gold are flying off the shelves in South Korean convenience stores. This is yet another example of the movement of gold from West to East.

May 10, 2024

Silver has seen notable upticks before the last two presidential elections, and signs point to a repeat performance. Confirmation of this trend would be a breach above $30.00, likely triggering a surge towards $40 between June and August.

Investors need to diversify into gold stocks. The gold miners’ stocks are the biggest beneficiaries of higher gold, with their earnings and stock prices really amplifying its gains.  While gold stocks are increasingly rallying with gold, they remain way out of favor...

Here are today's videos and charts.

Mining entrepreneur Eric Sprott, interviewed this week by the TF Metals Report's Craig Hemke on Sprott Money's "Ask the Expert" program, says demand from China and India for real metal is starting to break the longstanding Western-based manipulation of gold and...

Economics trumps sentimentality, and gold’s elevated price has some people raiding the family jewelry box to pay bills. “Young people are not wearing grandma’s jewels. Most of the young people, they want an Apple watch. They don’t want a pocket watch,” Tobina Kahn,...

“Minsky Moment” refers to the idea that periods of bullish speculation will eventually lead to a crisis, wherein a sudden decline in optimism causes a spectacular market crash.

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78 percent of the yearly gold supply is made into jewelry.

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