Gold Editorials & Commentary

Over the last few months, we have written several articles outlining our views of banks in general. We explained the relationship that you, as a depositor, have with your bank is in line with a debtor/creditor relationship.

Every natural element with which the earth has been endowed has a usefulness—a purpose. If we listen to gold, its message is loud and clear—gold is money. To serve as natural money is gold’s highest purpose.

If US pump gas has a reasonable price and the stock market is in rally mode, American president “Jackboot Joe” Biden can continue his hideous warmongering in faraway lands… and most US citizens will not complain.

This past week did not go exactly as most expected... did it? On October 11, just two days before the CPI number was announced, Bloomberg ran an article entitled, “JPMorgan Says Too-Hot CPI Would Put Stocks at Risk of 5% Tumble.” And, they were not the only one.

Early this month, Congressman Alex Mooney of West Virginia introduced the Gold Standard Restoration Act (H.R. 9157). If enacted into law, it would require public disclosure of the federal government’s gold holdings and eventually define the dollar as a weight of...

In today's video, Gary takes a quick look at the long-term chart for gold. People get frustrated and despondent when we're in the declining phase of the 8-year cycle and they convince themselves that gold can never go up and they'll never make any money in the...

The best performing precious metal for the week was platinum, but still off 1.84%. Traders flipped to net bullish on platinum’s long position this week. Fortuna Silver reported third-quarter production of 1.84 million ounces of silver and 66,000 ounces of gold,...

The spread between permabulls and permabears is at an extreme these days, even for October. This is the month when pessimists' hopes are highest that an epic bear market will correct dangerous excesses that have been building up in the financial system for more than...

This year has seen a correction in the gold price, commensurate with rising interest rates/ bond yields, and the spectre of more to come. The precious metal has also been hammered by a strong US dollar, which is negatively correlated to the gold price.

As new inflation data pushes the Fed toward continuing with rate hikes, precious metals markets are struggling to make headway.

In settling out the week (Friday) at 1650, Gold recorded its lowest weekly close of the past four. And within the guise of the ongoing weekly parabolic Short trend (as we below see), let's recall what herein was penned four weeks ago upon it all starting back then...

Here’s a Dow Jones BEV chart going back to 1885.  A Bear’s Eye View (BEV) chart displays the Dow Jones in terms of new all-time highs (0.0% / BEV Zero) and percentage claw-backs on those days the Dow Jones came short of making a new all-time high, all the way down...

With miners like First Majestic on the move, our SPY-NYSE play yesterday, and our prudence in waiting for the 6,60 moving averages for GDXJ to signal the next leg higher, SG60 subscribers are poised for serious gains with well-managed risk!

Our proprietary cycle indicator is now UP. Gold sector is on long term SELL signal. GLD is on short term buy signal. GDX is on short term buy signal.

Even after their correction over the past few months, commodities have been one of the best-performing asset classes in the markets this year and over the past couple of years. As a result, many investors have come to the conclusion that they have missed the trade....

It was a tough year for the Federal Reserve. The U.S. central bank’s inflation forecasts were embarrassing. In December 2021, it projected the PCEPI inflation rate at 2.6%, while it soared to 6.8% through June. The Fed disclosed $300 billion in unrealized losses on...

“Post-bubble contraction” (PBC) as coined by Bob Hoye, may finally be at hand. Bob Hoye has been talking about a coming post-bubble contraction (PBC) for many years, in my experience. Now after many false starts, it may finally be in play on the wider macro picture...

The notorious gold-futures speculators just struck again, selling aggressively and pummeling gold sharply lower.  Another red-hot inflation report goaded them into puking out more contracts, which is supremely irrational given market history.  But their heavy...

With stocks, bonds and property in major bear markets, investors are desperately hoping (and praying) that the Fed and other Central banks will come to their rescue. But this time it is different. (You have heard that before). Central banks are determined to kill...

The global fractional-reserve banking system is teetering on the brink of failure. Financial strains are exposing major banks as under-capitalized and ill prepared to weather additional strains from high inflation, rising interest rates, and a weakening economy.

The recent FOMC minutes confirm the Fed’s commitment to curb inflation and, apparently, gold prices. For all those looking forward to the Fed’s pivot, I have bad news. The recently published FOMC minutes from the September meeting reveal strong concerns about “...

“Even the tyrant never rules by force alone,” wrote G. K. Chesterton, “but mostly by fairy tales.” Alexander Lukashenko meets Chesterton’s description perfectly. Since 1994, he has kept himself in power as President of Belarus by stealing elections, mugging the...

Fresh inflation data is to be released tomorrow. While it may trigger daily fluctuations, the precious metals’ medium-term fundamentals remain bearish.

Robert Leroy Higgins, owner of precious metals dealer Argent Asset Group and the First State Depository (FSD) in Delaware, is in hot water with the Commodities Futures Trading Commission (CFTC).

Nick Barisheff joins the show to talk about how the Fed is Ultimately Trapped and what this means for Gold and Silver. Furthermore, we talk about the ongoing war, the collapse of real estate, and more.

Gold is the ultimate currency. Does this mean gold mines are the ultimate businesses? I’ll leave that question with investors, but I will say that if bought and sold professionally, gold stocks can be incredibly rewarding.

Although precious metals have rebounded, some consternation remains that they could be headed much lower before a major bottom. However, when one considers the fundamental backdrop, one will realize that a major turn is soon at hand.

In this latest MAMChat, Matterhorn Asset Management principals, Egon von Greyerz and Matthew Piepenburg, discuss a range of current yet undeniably important as well as converging themes. This, of course, includes the significance of the most recent “Lehman moment”...

In my last update, I outlined my expectations for us to move into a long-term bear market which can last anywhere between 7-20 years.  And, many commented that a 20 year bear market is simply not possible.  

The effective overnight interbank lending rate is now 3.08%. It was just 0% a little over six months ago. According to the Fed’s current plans, the Fed Funds Rate (FFR) is heading to at least 4% by the end of this year; and perhaps all the way to 4.5-5% by early...