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Gold Editorials & Commentary

March 22, 2024

Devastating mudslides, damaged homes, and forced evacuations were triggered by storms in California. Hillsides that had been destroyed by fires and droughts and had no vegetation to absorb the rain were vulnerable to landslides and mudslides. In Sierra Nevada’s...

Responding to an overwhelming groundswell of grassroots pressure, Gov. Tony Evers today signed a bill into law that secures Wisconsin’s place as the 44th state in America to end sales taxes on the purchase of precious metals.

Well....the Fed meeting and press conference came and went yesterday. And by the time the summary of economic projections were released and still indicated 3 rate cuts in 2024, and Jerome Powell finished talked about how the Fed is getting closer to slowing the pace...

March 21, 2024

The Federal Reserve didn’t do anything at its March Federal Open Market Committee (FOMC) meeting, but Jerome Powell & Company had plenty to say. The Fed’s dovish rhetoric sent a wave of relief through the markets and drove stocks to yet another all-time high.

President Biden may have recently made history as the first president to discuss snack chips in the State of the Union message. He used snack chips to illustrate the phenomenon of shrinkflation.

March 20, 2024

The announcement of the week award goes to BoJ that just hiked rates for the first time in 17 years. Not without impact on gold.

The Federal Reserve’s bank bailout program shut down on March 11. So, what next? The Fed created the Bank Term Funding Program (BTFP) after the collapse of Silicon Valley Bank and Signature Bank last March. The program was set up so banks could easily access cash “...

According to the Bureau of Labor Statistics' latest price inflation data, CPI inflation in February accelerated for the second month in a row, and price inflation hasn't proven nearly as transitory as the regime's economists have long predicted. 

March 19, 2024

Last night’s “historic” rate hike from the BOJ didn’t provide the big meltdown in the dollar that many FOREX traders were hoping for. 

After almost 4 years of going nowhere gold has this month broken out into what looks set to be by far its biggest bullmarket to date, and it would be surprising if it wasn’t given the fundamental outlook which is for currency and societal collapse, implosion of the...

If you had been following the market closely this past week, it likely would have left you scratching your head if you were trying to align the news with the market action.

The much anticipated (and to some, much dreaded) rematch between Joe Biden and Donald Trump is now official. Last week, both candidates locked up enough delegates to secure their respective parties’ nominations for President.

In the midst of the recent gold and silver rally, Goldman Sachs has just updated their year-end gold target to $2,300. And suggested that the move will re-activate 'dormant ETF buying.'

March 18, 2024

There is quite a bit of debate right now about whether inflation’s effects will worsen again soon; or, whether the inflation threat has been minimized and “disinflation” will prevail. Don’t look now, but the specter of a liquidity crisis is looming in the background...

In this unique compilation of interviews made throughout 2023, VON GREYERZ partner, Matthew Piepenburg, squarely addresses the key themes and questions regarding physical gold ownership. Not surprisingly, so many of the trends (inflation, rates, Fed policy and gold...

For nearly a year, I’ve promoted the idea that the post-covid bull rampage would end when Microsoft shares hit $430. They effectively achieved that benchmark on Friday with a pre-dawn print at 428.95 that gave way to a $16 plunge.

The inflation-adjusted Gold price is a much better indicator for miners than the Gold price. Think of miners and juniors as an option on the price of Gold. They are not long-term holds but they can outperform Gold over specific 12 to 24 month periods.

Legendary commodities investor, Rick Rule, the founder of Rule Investment Media, joins the show, and he shares his seasoned insights into the recent trends and movements within the gold and silver markets.

March 17, 2024

As mentioned in my last article back in February, Gold was in a correction phase - but was into bottoming territory, as represented by a key cycle that we noted at that time. That cycle ended up troughing with the February 14th tag of 1996.40, and with that should...

The gold stocks have underperformed Gold for almost 20 years so it is extremely difficult to imagine they could outperform Gold.

Now as you regular readers know, we’ve herein mused (albeit not predicted) since the beginning of this year that the Fed — rather than cut rates as everyone expects — instead have to further raise rates if for no other reason than the math suggests inflation is...

Once again, no BEV Zeros / New All-Time Highs this week for the Dow Jones, and there haven’t been for almost a month, since February 23rd.  So, is the advance over?  To answer that question, I’m going to look at the Dow Jones’ BEV chart below, and I see since last...

This week’s Consumer Price Index report showed the CPI rising 0.4% in February. That was the largest increase since last September. Higher gas prices and housing costs were major contributors.

March 16, 2024

Our proprietary cycle indicator is UP. Gold sector cycle is up. Trend is up for gold and down gold stocks, and down for USD.

In an insightful interview, Mike Maharrey of Money Metals delved into the intricacies of the current financial landscape with Greg Weldon, CEO of Weldon Financial, known affectionately in the industry as the "Gold Guru." 

The Wisconsin Senate has voted in favor of Assembly Bill 29 to end the sales tax on purchases of gold and silver. Joining the state Assembly, which overwhelmingly voted to approve this law last week, Senators voted 23-9 in favor of this pro-sound money legislation....

March 15, 2024

The major gold miners are finishing reporting their latest quarterly results, which proved mixed.  Their collective production generally declined, forcing mining costs modestly higher.  Yet outliers were mostly responsible.  Unit profitability still surged...

Here are today's videos and charts.

There’s been another bump in the disinflationary road. The Bureau of Labor Statistics announced the Consumer Price Index (CPI) increased 0.4 percent in February and 3.2 percent year-over-year, exceeding many economists’ predictions. That’s up slightly from January’s...

If one follows news relating to the economy, they surely have come across certain mainstream rhetoric in support of the Federal Reserve System. Everyone is familiar with the typical claims that the Federal Reserve strives for maximized employment and low inflation,...

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A single ounce of gold (about 28 grams) can be stretched into a gold thread 5 miles (8 kilometers) long.

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