Gold Editorials & Commentary

Most likely we saw the precious metals reach their zenith on May 19, like the tropical sun on the day of the equinox. What will come afterward?

I have read many articles over the years, and it seems that the manner in which the market has acted has caused many to confidently view market declines over the last 12 years as short-term opportunities to make long-term investments in a generally rising market....

What a rally! Unfortunately, I’m not referring to gold, but to Bitcoin. As the chart below shows, the price of the first and the biggest of cryptocurrencies rose to above $60,000 in April 2021 from scratch (or $124) in October 2013 when the chart starts. I wish I...

Yesterday, the FOMC published minutes from its last meeting in April. They’ve shown two things doing that: first, that some of the central bankers are worried about the inflation and elevated asset valuations; and, second, that the Fed is going to remain dovish...

Five weeks ago, we wrote that sharply negative real interest rates were going to drive prices higher in the weeks ahead, and so far that forecast is playing out as expected. So what happens next? That's the subject this week.

Federal Reserve Chairman Jerome Powell said in his last press conference. “We’re not thinking about raising rates. We’re not even thinking about thinking about raising rates.” In regards to the Fed tapering its monthly $120 billion asset purchases, which has swelled...

In delayed reaction, the gold market has been unable to hold on to its gains and is seeing some selling pressure as the Federal Reserve signals that a discussion on reducing its bond-purchasing program could be soon on the table.

Have you been long commodities like agriculture or oil? The US Dollar has continued to weaken, but is this trade getting a little long in the tooth?

When the USDX declines, the PMs usually celebrate and rise as a result. However, this was not the case yesterday – and we can’t ignore it. “Reversal” is the name of the game, at least when it comes to the precious metals market.

GLD and IAU are the two largest of the gold bullion exchange traded funds (ETFs). Not surprisingly, investors like to push money into them and pull money out as gold prices rise and fall. The real fun comes when investors don’t follow that model.

What Heraclitus meant was that the world is in a constant state of flux. But the big problem in the next few years is that the world will experience a fire of a magnitude never seen before in history.

It’s getting harder to tell which approaching crisis requires attention and which can be safely ignored. Sometimes it helps to see the data laid out visually.

Today (May 17) is a special day. Few people are celebrating it, however. That’s because it’s Tax Day. After giving taxpayers stimulus checks and a one-month reprieve due to pandemic-related struggles, the IRS now wants its cut from workers, business owners and...

In the gold market, fear trade nirvana involves a tidal wave of institutional and retail capital coming out of the US stock market… and pouring into gold. Can this fantasy become reality? Well, a case can be made that it is already starting to happen.

Taking history into consideration, we are on the verge of change. Today’s pre-market reversal might have been the final top – but nothing is certain.

Since late March, I’ve been tracking what seems to be a bottoming process in gold, after a substantial correction since last August.

Gold rebounded after an initially bearish reaction to the BLS report showing that inflation soared 4.2% in April year-to-year. This means we have an inflation annual rate doubling the Fed’s target and the highest since the Great Recession.

Although Gold has continued to drift downward after reaching a peak near $2089.20 in early August 2020, our Custom Gold Inverse Trending Index suggests this weakness has actually built a very strong momentum base – preparing for a big move higher.

Easy choices lead to a hard life (or at least losses), and because gold’s downside move is delayed, it’s extremely easy to be bullish on gold right now.

We’ve written elsewhere about the ironic over-use of logic to justify otherwise illogical biases. As Swiss-based precious metals professionals who see physical gold and silver as currency protection outside of an openly illogical (and dangerously fractured) banking...

Sell off in bitcoin and crypto currencies suggest gold and silver will now be able to break past key resistances of $1878 and $28.00. There will be a very quick rise on a break of these resistances.

There is some evidence that we are still in the bull market which started in 2009 and which could continue into the first half of 2021 before major cycles take over and it ends.  A move past 4500 is possible before the current bull market makes a final top and SPX...

The Cold War ended with the dissolution of the USSR and for a long time afterwards the US remained the sole dominant presence in the world. Then two things happened to begin to change the world order. First was the rise of China and over a similar time frame, the US...

After updating my macro-market outlook report for subscribers, I realized something about Gold. On a historical basis, it remains incredibly cheap. It may seem expensive on the surface, trading near $2,000/oz, but the reality is contrary to the perception.

The Dow Jones made no new BEV Zeros this week, closing Friday 1.14% from its all-time high of last Friday. On Wednesday this week it declined 3.42% from last Friday, before recovering later in the week. None of this is startling to the bulls. And I agree nothing has...

Welcome to our 600th consecutive Saturday Edition of The Gold Update. "Ain't missed a one, hon!" And to all of our valued readers, linkers, publishers and broadcasters across the past decade and 'round the world, our humble and heartfelt thanks. You are why we've...

For many of those following the writings of this “dithering old fool” that continues to hold an unfailing conviction in the strategic importance of gold and silver ownership in an otherwise out-of-control fiscal and monetary world, let me tell you a story about the...

If you’ve been waiting for signs of the apocalypse, look no further. Because the CFTC has actually responded to Marcus’ comments, in this shocking #silver update!

Our proprietary cycle indicator is up. Gold sector remains on long-term BUY at the end of April. Gold sector cycle is up, be long and stay long.

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