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Gold Editorials & Commentary

April 1, 2024

Anxious investors seem to be expecting more than has been “promised” regarding interest rate cuts. Some (quite a few) seem overconfident that the long awaited pivot is a done deal. In addition, anticipated results from the expected cuts are already built into the...

Spot gold gained 13% in 2023 and so far this year, is up 6%. Thursday March 28th, gold ended the day at US$2,233.00 oz, a strong performance given the headwinds facing the precious metal

If you want to understand the direction of debt, rates, the USD, inflation, risk asset markets, gold and the US endgame, it might be better not to listen to the experts.

Followers of the Austrian school of economics know that the term inflation refers to increasing the quantity of money or money substitutes. The result being a rise in the price of goods and services or a fall in the value of money.

First off, we've got a major breakout above 2090. I am still seeing a lot of people trying to find reasons to doubt the breakout, looking for tops around every corner. I think you need to do the opposite. I think you need to try and find reasons to be bullish and...

Vince Lanci of Echo Bay Futures & GoldFix on Substack joins us to discuss the Gold market as March & the first quarter end.

March 31, 2024

From my prior article from mid-March, Gold had broken out to the upside - but was in the midst of a smaller-degree dip, a move expected to end up as countertrend. This was the case, with the metal having broken on back to higher highs for the swing, as favored....

Welcome one and all to the 750th consecutive Saturday edition of The Gold Update.  Having missed nary a Saturday since our first missive (20 November 2009) with Gold then 1151, price since has nearly doubled (+94%), toward settling this past shortened trading week...

Well, we’re seeing another big move in the gold market. The monetary metal reached a new record high on Thursday to close out this holiday-shortened trading week. Gold finished the week, the month, and the quarter on a high note at $2,243 an ounce, gaining 3.1%...

For good or bad, this is a market that wants to go up.  How could an advancing stock market be bad?  If the money pouring into it is coming from the Federal Reserve, pumping monetary inflation into it – ultimately that will be bad when their bubble pops.

March 30, 2024

The US 10-year Bond Yield has completed wave i at the 5.021% high and we are now correcting that 5-wave impulsive sequence within wave ii, which has the following retracement levels:

Gold has broken out firmly and has no overhead resistance. A double bottom in this long term ratio between gold and gold stocks suggests that gold stocks may begin to outperform and play catch up soon.

In case you thought anybody in Washington was driving this thing, they are not. It’s official: the Department of Treasury is now issuing debt at pandemic levels. It’s worth noting the pandemic record was double the previous record, which had stood for 231 years.

Why should you have gold in your portfolio? The World Gold Council puts it this way in its recent report Gold as a Strategic Asset. "Gold has a key role as a strategic long-term investment and as a mainstay allocation in a well-diversified portfolio. Investors have...

March 29, 2024

The Easter Friday holiday has stock markets closed but there’s a key PCE inflation report scheduled for release. Gold stock blasted higher this week, likely in anticipation of a bullish report. The charts look awesome!

The gold price has just broken out to new all-time record highs. Not a single person who has ever purchased gold in the history of human civilization has ever lost money on their purchase (if they held through today).

With gold forging deeper into record territory, interest in gold stocks is mounting.  They’ve started to mean revert higher, on the way to catch up with and surpass the surging metal their profits leverage.  The timing of this gold-stock upleg is fortuitous,...

Sure, gold is a pretty and heavy object that people fall in love with (and express their love with). But it is also a primary market indicator here in NFTRH land. When it rises vs. cyclical ‘risk’ markets it implies rising risk in those markets. When it rises vs....

Larry Fink of Blackrock made some comments recently about India's love for gold, that on the surface sound reasonable.

March 28, 2024

Holding fiat currency is risky business and that’s not going to change any time soon. Currency risk is one of the factors driving the recent rally in gold and silver. It’s no coincidence that the recent gold and silver rally started as the U.S. ramped up threats to...

Weeks after Federal Reserve Chairman Jerome Powell evaded a sitting congressman’s questions about the central bank’s foreign gold holdings, the Fed has also declined to comply with a Freedom of Information Act request for records about such holdings.

We are observing a great debate between the US banking regulators who wish to impose new, so-called “Basel III Endgame” rules to significantly increase bank capital, on one side, and the banks who argue they already have more than enough capital, joined by various...

This weekend’s late-night spending vote in Congress seems like another in an endless series of sequels to a bad suspense movie. Just at the brink of “disaster,” just before the stroke of midnight, Congress pulls off a miracle and passes an omnibus bill to save us...

Greg Weldon analyzes the most recent developments in the economy and why we are headed for stagflation. He also analyzes Fed Policy, Gold against the Stock Market, Gold Miners, Juniors and Silver.

March 27, 2024

After years of speculation, the Federal Reserve has released its so-called “Doomsday Book”—an internal document that outlines the vast power the central bank can claim during times of financial emergency.

Today, states across the country are beginning to actively embrace pro-sound money legislation, inviting a critical examination of how America abandoned the gold standard of money and racked up $34.5 trillion in debt. To understand how we got here, it’s important to...

When Edward Chancellor’s The Price of Time: The Real Story of Interest hit shelves in the summer of 2022, it couldn’t have been more timely. The year-over-year growth rate of the consumer price index (“inflation”) peaked at 8.9 percent the month before and spent the...

We welcome back Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, for a deep dive into the fascinating dynamics of the precious metals market. Amidst global economic uncertainties, gold prices are soaring to new heights, setting it apart from...

At last week's Fed meeting and press conference, the markets rallied as the FOMC's Summary of Economic Projections suggested that the Fed members are still anticipating 3 rate cuts in 2024.

March 26, 2024

More mainstream analysts are “tuning in” to gold by the day. They are noting the incredible resiliency of this mightiest of metals during the recent rate hiking frenzy.

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Due primarily to the California Gold Rush, San Francisco’s population exploded from 1,000 to 100,000 in only two years.

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