Gold Editorials & Commentary

Mme. Lagarde & Co. just kicked the Buck in its butt, in turn giving Gold a bit of a  bid, but -- as Mark Twain might have penned -- "'Twarn't really much".  Gold settled out the week yesterday (Friday) at 1728, a price which has now  traded within six of the...

Our ratio is on a new buy signal. Trend is UP for the dollar, closing the week at a new high. Trend is DOWN for gold stocks, but resistance is broken this week. Trend is now UP for gold. Downside target achieved.

The best of times to come for gold (and gold miner) investors, if you’ve survived the worst of them.

Our SGJ newsletter portfolios are looking good.  We are loaded with cash (70% and more, in all our portfolios going into the current decline).  We're ready to deploy it now.  With the ECB turning “hawk”, the euro, gold, and silver are ready to soar!  The junior...

Gold continues to languish near major lows after a rough summer, deeply out of favor with traders.  Oddly this leading alternative investment seems oblivious to the first inflation super-spike since the 1970s.  That should be driving big gold demand, fueling a major...

Economic contraction is unfolding – but how painful will it be? The deeper the recession, the better for gold. Let’s make it clear: an economic downturn is coming. We are already in a technical recession (GDP contracted in the first two quarters of this year),...

Modern Monetary Theory (MMT) was the “Mumble Rap” of politics and economics in the late 2010s. The theory was incoherent, unsubstantial, and––before the pandemic, you could not avoid it if you wanted to.

There's been a lot of movement in the gold and silver inventories on the COMEX over the past few months, with metal moving out of the registered inventory, and some of it going into the eligible category.

James Anderson joins us again to discuss the latest reports on the demand for Silver and Gold and whether or not people are buying the dip. We also discuss the next catalyst for Silver, premiums, and more.

The US economy generated 315,000 jobs in August, but the unemployment rate increased. What does it imply for the gold market?

There was some growth seen in gold and mining stocks that could make investors feel optimistic. Does this upward move change anything in the medium-term bearish perspective, though?

Gold’s fall after US Labor Day is not the only thing that happened in the precious metals market. Other events paint the near future in bearish colors.

Below we track how the Powell Fed serves as a contemporary weapon of mass destruction. Powell’s so-called “war against inflation” will fail, but not before crushing everything from risk asset, precious metal and currency pricing to the USD. As importantly, Powell is...

A bad run for gold and silver markets this summer is dimming hopes for the metals being able to finish out the year with some good gains. Major economic indicators have also been trending down this summer. Last week brought some disappointing jobs data.

The Federal Reserve was no doubt troubled by July’s decline in the US unemployment rate to 4.5 percent and increase in job openings to 11.2 million. This is because the Fed’s strategy for reducing the historic price inflation now plaguing the economy — caused by the...

Remember the quaint old days of 2019? We were told the US economy was in great shape. Inflation was low, jobs were plentiful, GDP was growing. And frankly, if covid had not come along, there is a pretty good chance Donald Trump would have been reelected.

A bunch of people are about to make the same mistake again, that they've made over and over and over. Instead of panicking people should have been buying at the bottom.

It was good while it lasted. But now the golden age of near-zero inflation and interest rates is over, and we are paying the price for living in a fool’s paradise since money is no longer free. All this is now changing.

While it’s impossible for sane citizens to get pleasure from an event like the de facto “annihilation of America”, it is possible for hardcore gold bugs to retain most of their sanity… and get richer… as such an annihilation occurs.

The best performing precious metal for the week was gold, still down slightly 1.63%. Gold showed some strength as we closed out the week on a jobs report showing that more Americans are coming back to the labor market. The report reduces the risk that the Federal...

Precious metals markets got off to a rough for the month of September. Gold prices fell to test the $1,700 level on Thursday. As of this Friday recording, the monetary metal is back up above $1,700 and currently trades at $1,721 an ounce – down 1.4% for the week.

For the near-term action, Gold managed to turn higher into Friday's session, with the metal hitting an intraday peak of 1729.50 - before backing slightly off the same into the daily/weekly close. With that, there is the potential for an upturn in the 10 and 20-day...

When the gold price peaked at $2058 oz. in August 2020 it reflected a full ninety-nine percent loss in U.S. dollar purchasing power over the past century. The gold price has not been any higher since then.

In our last in-depth gold analysis we had been optimistically forecasting a recovery and summer rally for the gold price. And indeed, from its low at 1,680 USD gold rallied to 1,808 USD within less than three weeks. However, since mid of August gold came down hard...

It has been a very rough time for precious metals. In recent months they have endured another terrible selloff that feels like a combination of 2013 and 2008. However, think about how they “looked” technically before major bottoms, like during 2000, 2008, and late...

A little over a year ago, I had the pleasure of interviewing Michael Oliver in person at his home in Colorado (listen to that interview here). While he shared a great deal about his unique methods, the main focus of our discussion was the “massive momentum structure...

As goes Gold's woes, again Bill Shakespeare (significantly paraphrased) comes  to mind, circa 1600:  "...To test the low, or not to test the low? That is the question. Whether 'tis nobler that Gold suffer the slings and arrows by outrageously revisiting 1678, or to...

The war in Ukraine looks to be a quagmire and tension is high going into our US election. The citizens of Europe are in big trouble with fuel and food inflation and our president says little or nothing about it.

The past few months have been brutal for gold stocks, as relentless selling has driven prices down to bargain levels. How bad is it? It is bad. But it is also good. Lets look at the top three mining companies:

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