Gold Editorials & Commentary

Over the past 50 years, the dollar has gone nowhere against other key fiats… While being viciously mauled by the ultimate currency that of course can only be gold. The big question gold bugs are asking is this: Is gold set to begin a fresh mauling of all the world’s...

Gold is on the verge of a major breakout and frankly it would be surprising if it wasn’t given that money creation is in the final vertical stages of a parabolic blowoff. Gold has taken so long to build up to this, having been in a giant trading range since mid-2020...

If you have been reading any of my articles over the last 12 years, you know that I have a major issue with the common view of how markets work, as represented through the public articles that we all read.

Last week, I emphasized that silver’s outperformance was indicating a reversal. That’s exactly what we saw on Friday. Can you guess what’s next?

Gold closed at $1985 and faces important daily and weekly resistance at $2000. Silver traded up to $24.00 and faces resistance at $24.50 and $25.00.

The best performing precious metal for the week was palladium, up 8.50%, likely on the prospects of interest rate cuts that could spur industrial growth and stronger auto demand.

“If it bleeds it leads” is a well-worn expression for describing how the media reports the news, if you can interview a victim/ family member and get them crying, well that’s even better for ratings. But all news isn’t bad, or that good news doesn’t deserve a higher...

It doesn’t require decades of financial expertise to balk at the notion of selling retail air conditioning units in Siberia or lemonade stands in the heart of the Arctic. That is, even a high-school freshman would foresee the likely mis-match in supply and demand....

Lacy Hunt, a gray eminence of the financial world and no doomsayer, was out with a Hoisington Report recently that should scare the pants off anyone concerned about the direction of the U.S. economy. 

Vince Lanci covers the current conflicting forces driving Gold. Specifically, he covers forces of seasonality, the action in Bonds, the CPI, Dollar and their impact on Gold. We also touch on fund liquidation in the miners.

In a recent interview the Dutch central bank (DNB) shares it has equalized its gold reserves, relative to GDP, to other countries in the eurozone and outside of Europe. This has been a political decision. If there is a financial crisis the gold price will skyrocket...

Some 40 years ago per advertising billboards for the evening blatt known as the San Francisco Examiner:  “A lot can happen between 9 and 5”.  And relative to just this past week, ’tis perfectly analogous to the state of Gold, Inflation and the Economy:  “A lot can...

I kept saying it’s going down. But damn it, it keeps going up. I’m talking about the Dow Jones in its BEV chart below. So, what’s wrong? Clearly, it’s a case of; when you finally figure out the rules in the market, someone else always changes the rules.

Well, the more things change in Washington, the more they stay the same. Under the new leadership of House Speaker Mike Johnson, Congress passed a stopgap funding bill on Tuesday to once again avert a government shutdown. It was quickly approved by the Senate on...

Our proprietary cycle indicator is UP. Expect higher gold prices overall. Trend is UP for gold. A bottoming pattern in progress. Gold is also in the process of a bottoming pattern.

I get the overwhelming sense the economy is rolling over into recession faster than markets expect. U-1 unemployment is shooting higher, and permanent job losses are accelerating, consistent with prior recessions. Long-term inflation expectations reached 12-year...

The major gold miners just finished reporting fantastic Q3 results.  A potent combination of higher gold prices and lower mining costs fueled skyrocketing profits, some of gold stocks’ biggest earnings growth ever!  These larger miners were generally able to...

Here are today's videos and charts. 

Since its peak in August 2020, Gold has moved towards a breakout on multiple occasions but failed in every case. Nevertheless, as of Thursday, November 16, Gold is within 4% of a daily all-time high and 2% of a weekly all-time high. It appears only weeks, if not...

Gold stocks are not yet unique within the wider macro, but that does not preclude a move to 40 by GDX

If the trends in the CRB index and the Copper/Gold ratio (CGR) were correlated with the long decline in bond yields (disinflationary signaling), why have CRB and the CGR diverged for the entirety of the post-breakout phase in the yield?

Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us review his bigger picture technical and macro outlook for gold, silver, and the precious metals mining stocks, in relation to how they are moving relative to US general equity markets.

Florian Grummes is joining us today to share his insights on the current state of the market. He will be discussing the recent bank collapse, the role of the Federal Reserve, and his future predictions for gold and silver. Florian will be taking a closer look at the...

So, the CPI and – more importantly, from the Fed’s point of view – core CPI was lower than expected, and the markets soared. What’s next?

It's been a while since I've done a video on gold,  so I'll do something  today.  My expectations haven't really changed. I still think this intermediate cycle is going to test these all-time highs at 2090. I I tend to think  gold is probably going to break out...

Why does the world seem falling apart? Wars, pandemics, anti-semitism, polarization, and it goes on. What happened to civility? How did it come to this? To revive the world economy following the 2008 crisis, governments embarked on a tremendous spending binge during...

While the price of gold still sits below the $2,000 per ounce level in the US (although it's about $20 closer to that level following this morning's rally after the CPI was released), gold has been setting new all-time highs in many of the major foreign currencies...

We update the secular trends and show with history how the new secular bear market in bonds likely leads to a secular bear market in stocks and then last, the US Dollar.

A week ago, Morgan Stanley analysts called gold stocks a buy… while I called for a week of pain. Clearly, it was pain that prevailed… but could these analysts be correct going forwards from here?

We (NFTRH) have been managing a more detailed chart of GDX for most of this year in weekly reports and in-week written/video updates, using it to guide us into rallies and corrections all year. The latest signal was the double top in May, the correction from which...