Gold Editorials & Commentary

For over a year now the main topic of discussion has been regarding the likelihood of a “hard landing” versus a “soft landing” for the US economy — based on the actions of the Federal Reserve, which controls the money supply and interest rates.

Are the chickens coming home to roost for the US Treasury? As Ryan McMaken noted in a recent Mises Wire article, the United States is in a debt spiral and there’s no easy way out.

Matterhorn Asset Management, AG partner, Matthew Piepenburg joins Kai Hoffmann, CEO of Soar Financially, to follow-up on core themes discussed earlier in the year. Sadly, the trends previously addressed in May (sovereign debt spiral, Main Street pain, recessionary “...

We got the silver signal, we saw the analogy to the previous low-CPI-number surprise, and now we have this. We have a situation in the USD Index that is a screaming buy alert.

Gold is on the cusp of making a new all-time high while Silver challenges resistance at $25-$26. We discuss the key weekly resistance levels as well as the monthly resistance levels.

It’s said that there’s no fever like gold fever. Big bank analysts definitely have a very positive outlook on the world’s greatest metal but… Is their outlook valid?

With the new buying pressure following the Israel / Hamas war, combined with speculation that the US Federal Reserve may be done hiking interest rates in the near future, gold is preparing to break out from a major 4-year consolidation.

It has certainly been an interesting year or so since we struck the low in October of 2022. If you remember, most were looking for the market to head considerably lower at the time. But, then again, what else is new? Most expect the market to continue linearly in...

Over the longer term, gold and silver aren’t the only assets which have been trading in a range. Stocks have also been struggling to establish a trend either higher or lower over the past 3 years.

The world is now witnessing the end of a currency and financial system which the Chinese already forecast in 1971 after Nixon closed the gold window. Again, remember von Mises words: “There is no means of avoiding the final collapse of a boom brought about by credit...

An excerpt from this week’s edition of Notes From the Rabbit Hole, NFTRH 785 on the state of the US stock market bubble as developed and sustained by another bubble (in policy-making)

Silver just shot up, and given what the stock market is doing, it makes perfect sense. Namely, it’s most likely the final part of the rally in them both, and the same is the case for gold and mining stocks.

Market implied Fed Funds rate discount a string of cuts starting in January 2024 and culminating in a 4.492 percent in January 2025. These expectations are based on the perception that the Federal Reserve will achieve a soft landing and that inflation will drop...

Matterhorn Asset Management partner, Matthew Piepenburg discusses the future of the USD with Brent Johnson of Santiago Capital in this thoughtful “debate” hosted by Adam Taggart of Thoughtful Money.

Adrian Day, the founder of Adrian Day Asset Management, returns to the show and we discuss the current trends and future prospects of gold, silver, and other precious metals. He delves into the reasons behind the recent outperformance of gold stocks and silver, the...

Robert Sinn (aka Goldfinger & CEOTechnician) discusses Gold’s weekly close above $2000, Gold’s current drivers and how he uses Silver as an indicator.

Greetings from under the Tuscan sun.  Here in Cortona, recorded history dates all the way back to the Etruscans in the 8th century BC, (which for you WestPalmBeachers down there is some 2,900 years ago).  And in those days, Gold was employed in wire form toward...

As markets reopen following the Thanksgiving holiday, investors are feeling thankful that interest rates are no longer rising.

Our proprietary cycle indicator is UP. Our ratio is on a new buy signal. Trend is now DOWN for USD. Trend is UP for gold stocks. Trend is UP for gold. A bottoming pattern in progress.

Gold stocks have mostly ground lower to sideways since spring, leaving this contrarian sector really out of favor again.  Yet both the metal and its miners’ stocks are early on in their strongest seasonal rallies of the year.  From late October to late February,...

As mentioned in my last article in mid-October, Gold bottomed out into our 'kill zone' turn date, with the metal rallying all the way up to a recent high of 2019.70 (December, 2023 contract). A mid-term bottom for Gold is deemed to have formed at the 1823.50 figure...

Here are today's videos and charts. The videos are viewable on mobile phones as well as computers. Double-click to enlarge the charts. 

SGS Key Charts, Signals, & Video Analysis

Happy Thanksgiving to everybody. I'm going to do a public video just for Thanksgiving. I'm going to show you what I think is going on, what's driving some of the moves, especially in the stock market and I think it will also drive a move in gold.

What we know about gold is simple and straight forward. Gold is real money and a long-term store of value. Gold’s value is in its use as money. Its price has nothing do with its value. In fact, the price of gold has nothing to do with gold at all.

I have not posted the monthly chart of the Copper/Gold ratio probably since last year, as 2023 has been all about disinflationary Goldilocks recovery, rather than a deflationary liquidity crisis. However, as Goldilocks matures into old age, it is worth keeping tabs...

The gold price held where we’d anticipated, now taking out resistance. Gold poked through support for a test of the moving averages, and this morning it is climbing back above former support, which will be more viable now that moving average testing has been done....

Matterhorn Asset Management, AG partner, Matthew Piepenburg, sits down with David Lin of the David Lin Report to help end a number of false debates and narratives currently making the headlines.

Econometric model building attempts to produce a laboratory with controlled variables. By means of mathematical and statistical methods, an economist establishes functional relationships between various economic variables.

Joining us today is Thomas Parilla, president of Parilla Investment Group, and he shares his views on the recent Fed meeting's impact on these markets, highlighting the resilience of gold prices despite rate hikes and the remarkable 140 million ounce silver deficit...

The market is currently discounting a soft landing for the economy and this should continue into 2024. However, there is rising risk that turns to recession or stagflation in 2024.