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Gold Editorials & Commentary

March 8, 2024

The gold rally that's lifted the price to new highs over the past 4 days is rallying again this morning. And in today's show Vince Lanci talks about how the global macro funds are buying, the activity in the call options, and also how this all trickles down to the...

March 7, 2024

Yes, gold price confirmed its breakout – in daily closing price terms. Yes, it is important. At the moment of writing these words, gold price is trading at about $2,161 – it’s new all-time highs in nominal terms, which is slightly higher than the late-2023 high....

The point I continually make is that one should be focusing primarily on price and ignore all the noise being presented throughout the media. Anyone who has followed the common factors focused upon by most investors have been surprised by this rally to 5000+.

Central banks took up where they left off in 2023, adding more gold to their stockpiles to kick off the new year. Globally, central banks increased their gold reserves by a net 39 tons in January, according to the latest data compiled by the World Gold Council.

During the pandemic recovery, inflation reached the highest rates in 40 years, largely driven by the Federal Reserve’s excessive monetary policy. The Fed got “behind the curve” by not raising its interest rate target fast enough, even once it became apparent its own...

The United States has weaponized the dollar, leveraging it to achieve foreign policy objectives. But is the U.S. playing with fire? Is it setting itself up for significant blowback? In this episode of the Money Metals' Midweek Memo, host Mike Maharrey explains how...

March 6, 2024

The all-important ratios of Gold to other markets are in rally mode. Gold ratios, as illustrated using daily charts of the related ETFs, are very important to the macro case for gold mining.

Gold’s breakout from a 13-year cup & handle pattern and clearing $2100 renders it extremely difficult to argue it is not in a new secular bull market. However, confirmation will require some time and a strong move higher against conventional asset classes and...

Back in December the gold price spiked over $2100 for a few hours on a Sunday night before markets opened in the US, but was sold off considerably by the time the COMEX closed on Monday. But after yesterday's rally, we're now over $2100 on the COMEX, and as of...

The gold price has continued its rally again today, trading as high as $2,150 during the morning session. And as Andy Schectman of Miles Franklin notes in today's call, this is happening at the same time that interest rates are still elevated.

March 5, 2024

The United States enjoys the privilege of issuing the world's reserve currency. But it increasingly uses that privilege as a hammer to shape foreign policy. Could Americans end up feeling the blows from that hammer?

The mainstream financial media is reporting that inflation is coming down. It’s not coming down to the Federal Reserve’s supposed 2% target – let alone low enough to cease being a persistent problem for millions of families. Nor is it even clear that the rate of...

A week ago, I urged all gold bugs of the world to prepare for the US PCE inflation report to act as a “Golden Trigger” for gold, silver, and the miners… and that’s exactly what has transpired!

The best performing precious metal for the week was gold, up 2.11%. The precious metal closed the week strongly on weaker-than-expected factor data on Friday combined with consumer confidence waning, which may prompt the Federal Reserve to act sooner rather than...

Below is an exercise that considers real economic/macro/market indicators and one writer’s view of what is in play this election year. I avoid becoming enmeshed in politics like I avoid the plague.

The main central banks have been deliberating on the concept of introducing a digital currency. However, many citizens fail to grasp the rationale behind it when the majority of transactions in major global currencies are carried out electronically. Nevertheless, a...

We welcome back Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, for a deep dive into the current market dynamics, focusing on the contrast between gold and silver, and the emerging dominance of Bitcoin as the new digital gold.

After a big rally on Friday, the gold price is again within shouting distance of the $2,000 mark. So in today's show Vince talks about the move, the levels to watch out for, and how he expects silver to trade in response.

March 4, 2024

Gold future prices closed at a record high level on Friday with renewed hope that the Federal Reserve will begin easing off interest rates sooner rather than later.

Why would a positive move in gold stocks be so satisfying if it plays out? Because any numb nuts can momo the stock market and act like a genius as long as the MOMO is on. It’s way harder to be a bottom feeder. But when a contrarian bottom feed actually works out...

The endgame inched closer to singularity last week with rigged rallies in stocks that had rightfully been given up for dead.  There was the more than doubling in the price of Beyond Meat, for example.  Until last week, shares of the veggie-burger upstart seemed...

Precious Metals surged today led by Gold’s 2% gain to $2096. It needs to clear $2100 convincingly to confirm an epic breakout. Gold’s 4-year handle has two cup and handles within it, that project to $2350 and $2500.

Gary Wagner, the editor of TheGoldForecast.com, joins the show, and we delve into the current state of the gold and silver markets. Gary shares his insights on the decoupling of gold and silver prices, the impact of industrial demand on silver, and the intriguing...

Congressman Alex Mooney has asked the Federal Reserve if foreign countries have been repatriating their gold back home, although so far Jerome Powell doesn't seem to be in a rush to talk about it.

March 3, 2024

A bold title to head this recital, Gold on Friday posting its best low-to-high intraday gain (+2.4% or +50 points) since 13 December toward settling the week at 2092, essentially tying its highest-ever weekly closing price (with that recorded this past 01 December...

This week saw no new BEV Zeros in the Dow Jones BEV chart below.  So, the total quantity of new all-time highs for this advance (Red Circle) remains at 21.  But for the Dow Jones to be taking a pause from making new all-time highs, is also something that happens...

Coming up we’ll hear the conclusion of our fascinating interview with monetary and constitutional expert Edwin Vieira. Edwin continues breaks down some of the fascinating history of money and central banks in the United States. So, stick around for the second half...

March 2, 2024

Our proprietary cycle indicator is now UP. Current data suggests overall higher gold prices. Trend is UP for gold.

While your paycheck might be a little fatter, you’re actually earning less because price inflation continues to gobble up your paycheck.

March 1, 2024

It’s been a rough start to the year for precious metals and miners, but that may be changing. A decisive breakout in gold above $2100 would support the beginning of a powerful advance.

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China has only 2% of its Total Foreign Reserves in gold.

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