Gold Editorials & Commentary

In the hierarchy of money gold is superior to fiat money. From an historical perspective the past decades have been characterized by trust in fiat money, whereby fiat made up the lion share of global international reserves.

Two Friday’s ago, when I sent out my last article, the Dow Jones was at a BEV of -13.29%. Two weeks later it has advanced by 0.89% BEV points, or 327.89 in dollar terms over the last ten NYSE trading sessions. It’s as if everyone is just fooling around under the BEV...

There are multiple threats to the financial system that are currently in play, and one of the biggest is the risk of a Eurodollar crisis or collapse. The world had two close calls with systemic bank failures in 2008, one was derivatives and the other was Eurodollars...

As interest rates show signs of peaking, the gold prices are nearing new all-time highs. The gold market hit the $2,000 level this week and showed resilience following the Federal Reserve’s quarter point rate hike announcement. As of this Friday recording the...

Our proprietary cycle indicator is UP. Current data supports overall higher gold prices. Our ratio is on buy signal. Trend is DOWN for USD. Trend is UP for gold stocks.

It's been a wild week with gold soaring to $2000, correcting hard, then soaring again, but the big story this week is silver, while barely sold off at all with gold down $70 and is now at another fresh high for the week!

Gold is rocketing higher to new upleg highs again, fueling mounting bullishness!  After February’s sharp pullback driven by a confluence of unusual events, gold V-bounced violently on the recent banking crisis.  This wild volatility resulted from some extreme gold-...

The Fed almost made it a whole year without printing money. Gold is set to outperform the S&P 500 for several years. The real bull market starts once gold breaks above $2100.

Gold prices surged to test the $2,000/oz level early this week before retreating ahead of the Federal Reserve's interest rate decision.

In today's show, Dave Kranzler of Investment Research Dynamics explains what happened with the assets on SVB's balance sheet, and why they became so problematic at the time that they did. He also talks about how the Fed's monetary policy facilitated the conditions...

Gold is on the verge of new all-time highs. The metal of kings has already broken out to new all-time highs in many world currencies – the last yet most important will be gold as priced in US dollars.

Gold mining stocks and Silver are the riskier parts of the precious metals sector. Generalist capital always favors Gold first and second before considering miners and Silver.

In this brief yet timely MAMChat, Matterhorn Asset Management principals, Egon von Greyerz and Matthew Piepenburg, squarely tackle the global banking crisis from Credit Suisse to Silicon Valley. Now, more than ever, clear analysis, honest math and historical context...

A major financial collapse occurred the weekend of March 11th - but it wasn't Silicon Valley Bank or Signature Bank. After the Financial Crisis of 2008, the leading economic powers of the world spent years studying what went wrong, they decided how to cure the risks...

If you have been watching the “inside of the stock market” over the past six months or so, you’ve been able to see the increasingly popular “soft landing” narrative regarding the direction of the economy play out in prices.

The Federal Reserve’s Federal Open Market Committee (FOMC) on Wednesday raised the target policy interest rate (the federal funds rate) to 5.00 percent, an increase of 25 basis points. With this latest increase, the target has increased 4.75 percent since February...

The failure of Silicon Valley Bank (SVB) on March 10 was the second largest bank failure in US history. Just two days following SVB’s collapse, Signature Bank joined the record books as the third largest bank failure in US history. First Republic Bank also seemed on...

There was a surge in physical gold and silver purchases following the bank run that led to the collapse in Silicon Valley Bank. And after the UBS takeover of Credit Suisse this past weekend, that surge has continued.

With gold consolidating in the $2000 area, tomorrow’s Fed decision is likely the catalyst for the next move… Which could be a surge toward the $2080 highs!

The national news cycle has careened from one extraordinary and alarming story to the next. The brewing crisis in banks remains front and center. Americans are watching a demonstration on how to take a crisis in confidence and make it worse.

Are my bank deposits safe? Was SVB an anomaly? Will more banks fail? While FTX was allegedly a clear case of fraud, SVB’s collapse was different. It was a result of a duration mismatch of its balance sheet and high-interest rates. 

It’s the weekend, but our fresh Financial Crisis does not sleep. And a recent study says we’ve only seen the tip of the iceberg. The Washington Post wrote: “If banks were suddenly forced to liquidate their bond and loan portfolios, the losses would erase up to 91...

For those that have followed me through the years, you would likely remember at least one of the many major market directional calls we have made in many different markets through the years. And, while this list is clearly not all-inclusive, it does represent some...

The best performing precious metal for the week was silver, up 10.16%, in response to the strong move in gold. Gold rose to a near six-week high, reports Bloomberg, as ongoing market turmoil linked to Credit Suisse Group AG spurred demand for havens.

Last week the banking crisis was in the US, as Silicon Valley Bank experienced a bank run, which led to its incredibly rapid demise.

In my last update, a few days ago, I thought that the dollar looked like it may have completed an intermediate top, and gold an intermediate bottom.

To pivot, or not to pivot? That is the question Fed Chairman Powell will have pondered over the weekend while tending chicken breasts, franks and burgers spaced meticulously on the grating of a 148,000 BTU grill.

Anyone who doesn’t see what is happening will soon lose a major part of their assets either through bank failure, currency debasement or the collapse of all bubble assets like stocks, property and bonds by 75-100%. Many bonds will become worthless.

The favored NFTRH plan is working out well as we planned the Q4 (2022) – Q1 (2023) rally back in November and as lumpy as it has been, it is intact to this day. Amid the fade in the inflation trades, our projected leadership (Tech and Semi, amid a disinflationary...

Events this past week are indicative of what could be a more formidable problem for the Fed, investors, and the economy. Before we talk about that, lets first emphasize the key point made in my article SVB, MMT, TNT.