Gold Editorials & Commentary

There are three big price drivers currently at work in the gold market: The rise of inflation, the huge bull continuation pattern on the weekly price chart, and the war cycle.

Gold didn’t do much yesterday, but there was more than one thing happening that served as an additional bearish confirmation. The most important sign came from silver’s short-term outperformance.

In the latest edition of the Fundamental Gold Report, I covered the FOMC’s newest statement on monetary policy and the dot-plot. I concluded that “gold will struggle until the Fed’s tightening cycle is well underway”. As the chart below shows, the yellow metal has...

As I’ve written about extensively, we know the Federal Reserve has painted itself into a corner where it is now pressured to start tapering its quantitative easing earlier than it had been indicating. Now we are seeing signs that the bond market isn’t liking the...

The best performing precious metal for the week was platinum, up 4.52%. This is more related to speculation and, perhaps, to the minting of the $1 trillion coin. According to Raymond James, Wheaton Precious Metals’ investor day highlighted the company’s portfolio of...

In a Sept. 20, 2021 Crescat Capital broadcast, the firm's Portfolio Manager Tavi Costa and Chief Investment Officer Kevin Smith presented statistical evidence that China is heading toward an economic crash and its spiraling is affecting other economies around the...

Is a new currency system emerging? Debt to GDP ratios are exploding globally, and inflation and wealth inequality have reached a point of crisis. Is the fed running out of options? Perhaps not.

Gold, silver, and mining stocks don’t need any help from the USDX or the stock market; they can decline all on their own – the miners in particular.

Gold bugs tend to be emotional and tend to focus on metals and ignore any other trade or asset classes. Here is the problem as I see it, there is an inflation problem and the administration may try to control every commodity, but there are too many and impossible,...

For a long, long time now, just when it looked as if the prices of gold and silver were breaking free and starting to fly – even with a 3-month rally last year – the hopes of the PM bulls have been brought back to earth by a realization the Cabal is in control.

Last week's action saw Gold seeing a decent rally into a mid-week high, with the metal pushing up to a Wednesday peak of 1788.40. From there, a sharp decline was seen into Thursday's session, with the metal dropping all the way down to a low of 1737.50 - before...

The HUI Mining stocks have formed a pretty impressive Head & Shoulders top pattern. This may be telling us that as the general stock market declines, Mining stocks (a hybrid of an operating company of underground metals, with the benefit of gold pricing once it...

Let's start with a show of hands. Ready? How many of you after reading last Wednesday's Policy Statement as issued by the Federal Open Market Committee basically sensed that all they did was change the date from 28 July to 22 September? Good, good, most of you. What...

Last Tuesday night, with the Dow Jones closing with a BEV value of -4.79%, I didn’t think it could happen, that the Dow Jones would close each following day within scoring position, within 5% from its last all-time high. But after this Friday’s close, with a BEV...

When I first launched the GGMA Advisory service in January 2020, the very first Forecast Issue dealt with the globe’s number one ailment and it was not then and is not today related to mankind’s physical health but rather its financial health and the word that kept...

Big trend is down. Long term – on major SELL signal. Short term – on sell signals. Gold sector cycle is down.

Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.

Upon completing the article I realized that no forward look at the economy and financial markets from an inflationary/deflationary point of view would be complete without consideration of the Yield Curve. Here is its status at the time of writing. It is making a...

An understanding of the relationship between the gold price and inflation requires historical observation and factual understanding. Below are three specific statements that are rooted in historical fact...

Many are asking why gold is not rising, as just about every other commodity makes new highs in the backdrop of inflationary tailwinds. That’s a very fair question.

This week the Federal Reserve pre-announced an upcoming slowing in its enormous quantitative-easing money-printing campaign. That QE-tapering warning was widely expected on Wall Street, so it wasn’t a market-moving surprise. Gold is particularly sensitive to Fed...

Inflation, bond yields, monetary policy… that’s all interesting and crucial to understand trends in the gold markets – but, hey, what’s up in politics? A lot has happened recently on this front. In particular, last month, the world was shocked by the chaotic...

In the short term expectations of higher interest rates next year and reduced money supply next year has resulted in increase in bearish bets in gold.

Inflation is now rising faster than anything IHS Markit has ever seen in its Purchasing Manager’s Index, but it gets worse: It is not just cost outputs to consumers that are being passed along, but the rise in new input costs has also picked up pace.

It looks like we are on track for yet another global financial meltdown.  This time it is coming out of China in the form of a failed property development company called Evergrande.

Credit risk out of China and debt ceiling drama in Washington are driving precious metals markets this week. Gold and silver attracted some significant safe-haven buying as equity markets succumbed to selling.

British Prime Minister Boris Johnson gets paid less than Canadian Prime Minister Justin Trudeau. Each of them is getting less salary than US President Joe Biden’s US$400,000. Why do we want you to know this? 

Portfolio Manager, Tavi Costa, noted that his funds firm, Crescat Capital, believes we are in a secular bull market for gold and silver and because we are now amid a pullback, the time is right to be taking advantage of stocks in the space over time. He showed a...

Brace yourselves, gold bulls, as the Fed clears the way for tapering and shifts interest rate liftoff to 2022. You’ve been warned.

Raise the dollar, drop the metals. Under most possible scenarios, things don’t look good for gold, silver, and mining stocks – for the medium-term.