Gold Editorials & Commentary

From my last article posted back in mid-April, gold has turned south, and is in the midst of a correction with our 72-day time cycle. Though this decline looks to have further to run, it is expected to end up as an eventual countertrend affair - due to the position...

Not to overly dwell — let alone predict — by subject title, however if we search our recollect (thank you Ken Starr), was it not by this time a year ago that we’d witnessed a few banks go?

As central bankers waver on rate cuts, precious metals markets continue to pull back. On Wednesday, the Federal Reserve opted to leave interest rates unchanged. Given the spate of recent hotter-than-expected readings on inflation, policymakers had little choice but...

Our proprietary cycle indicator is UP. GLD is on short term sell signal. GDX is on short term sell signal. XGD.to is on short term sell signal. GDXJ is on short term sell signal.

Central banks continued to steadily add gold to their reserves in March. On net, central banks globally increased their gold holdings by 16 tons, according to the latest data compiled by the World Gold Council. Buyers added 40 tons of gold to their reserves. This...

Money Metals' Midweek Memo host Mike Maharrey recently interviewed Saleha Mohsin, a senior correspondent at Bloomberg News and author of the new book Paper Soldiers: How the Weaponization of the Dollar Changed the World Order.

After blasting higher in a remarkable breakout surge, gold is pulling back.  Such mid-upleg selloffs are normal and healthy, rebalancing sentiment to maximize uplegs’ longevity.  Gold’s pullback is naturally weighing on gold stocks, fueling some bearishness.  But...

Here are today's videos and charts.

The Gold/Oil ratio would resume a positive fundamental tailwind for the gold mining sector if it breaks out.

For years there was a tight correlation between US interest rates and gold, as when the yield went higher, gold would trade lower and vice versa. But in the past 2 years we've seen a breakdown in that relationship.

Gold against the 60/40 portfolio is the most important Gold chart for 2024. I expect this chart to give a secular bull confirmation signal over the coming months. It’s end of April reversal prevented the signal at the close of the month.

Federal Reserve Chairman Jerome Powell and his fellow central bankers are swinging at inflation like a blindfolded kid trying to break a piñata. Do you remember the March FOMC meeting? The Fed released its projections for rate cuts in the coming months. The...

In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey delves into the complexities of the current economic landscape including that of China as a member of BRICS, Federal Reserve policies, and stagflation. 

Price inflation is no coincidence. It is a policy. Governments, along with their so-called experts, attempt to persuade you that price inflation stems from anything other than the consistent, albeit slower, rise in aggregate prices year after year. Issuing more...

The central banks have been on a gold buying spree ever since Russia was sanctioned by the US in early 2022. And they just set a new first quarter record for the amount of gold purchased.

David Skarica, publisher of StockChartofTheDay discusses the breakout in Gold, stagflation vs. disinflation and the catalysts which will lead to an upside acceleration in Gold & Silver over the next few years.

Investors in stocks, bonds and commodities should be aware of the rate of inflation and how it is affecting the value of their investments. When a currency loses value as it does during bouts of inflation, cash, bonds and stocks are not where investors want to be....

Could the movement of gold from West to East set the stage for a gold-backed currency? Some analysts think that might be the case. And if that is the direction the world is heading, it would be disastrous for the U.S. dollar.

Both key precious metals moved decisively lower today, which is in perfect tune with their recent price patterns.

Gold and mining stocks are overbought on a myriad of charts and “the world’s most predictable pause and pullback” is underway.

The Thai government wants to mitigate risk in its pension fund so it's turning to gold and oil. 

Gold prices have taken a dip as hopes for a rate cut diminish following the reduction of broader conflict risks in the Middle East. As the attention is now turning to the upcoming Fed meeting, gold is now hovering above the USD 2,300 psychological mark looking for...

Since the October 2023 gold low of just over $1,600 gold is up but is anyone buying? Well no, certainly none of the normal players. Gold Depositories, Gold Funds and Gold ETFs have lost just under 1,400 tonnes of their gold holdings in the last 2 years since May...

Gold’s rise to all-time highs above $2,400 an ounce this year has captivated global markets. China, the world’s biggest producer and consumer of the precious metal, is front and center of the extraordinary ascent, according to Bloomberg.

With gold and silver prices stabilizing after a furious 2 month rally, the market's shifting its attention to the earnings out of the miners.

In this video we list 6 important points about gold stocks and their nominal and relative performance and we provide charts highlighting how gold stocks follow the inflation adjusted price of Gold and outperform Gold after Gold price breakouts.

The chart above shows RCA’s spectacular climb to the Mother of All Tops in 1929. The larger chart that frames it shows what Nvidia shares would have to do to replicate the peaks and troughs that set up RCA’s plunge into hell.

When we talk about monetary policy, people do not understand the importance of interest rates reflecting the reality of inflation and risk. Interest rates are the price of risk and manipulating them down leads to bubbles that end in financial crises, while imposing...

I want to start off with a quote from Bernard Baruch, one of the most famous investors in all of all time and he said he made a fortune by selling too soon, so I'm going to apply this to the metals market right now.

Metals and Miners are correcting a bit but miners are starting to outperform the metals. This is a bullish sign that there is not much more correction ahead in terms of price.