Gold Editorials & Commentary

As the Federal Reserve winds down its rate hiking campaign, precious metals bulls are anticipating a favorable environment for gains ahead.

What a wild week this has been.  India raised the silver duty, the Fed hiked only a quarter point, and we now have a major entry point for gold, silver, and miners, as long as the Friday jobs report is OK. 

Our proprietary cycle indicator is now DOWN. Gold sector cycle is down. Trend is up. A correction is in progress.

We believe gold is in the second inning of a nine-inning advance that should take prices to new all-time highs in 2024. Precious metals remain under-owned, and pullbacks could be mild to moderate in 2023. Expect a spike in 2024 ahead of the presidential elections...

Gold has behaved strangely over this past year, largely ignoring the biggest inflation super-spike since the 1970s.  The Fed’s extreme rate hikes were to blame, spawning epic anomalous market distortions.  With that blistering rate-hike cycle nearing its end, the...

Over the summer, I once again highlighted the uniquely insightful work of my friend, Michael Oliver. Michael studies momentum within the markets and how it typically behaves through various cycles.

According to Federal Reserve chairman Jerome Powell, disinflation is now taking hold. Yes, the very same person who had to walk back his ridiculous pronouncements in 2021 and 2022 that inflation was "transitory" now wants us to believe that inflation is in the...

Below we look at Gold’s rise in a backdrop of more bond destruction in the public markets and more truth destruction in the war on inflation.

In this video, we sit down with Frank Giustra to discuss his continued bullish outlook on gold. He dives into the secrecy surrounding China's gold reserves and how they could play a role in the reset.

As the governments continue to talk about going green, the one part they leave out is where all of the metals required to do so are going to come from.

It’s the Fed interest rate decision day, and the markets are holding their breath, awaiting the uncertain. However, charts already suggest the answer.

As FOMC readies its .25% rate hike today… In 2021 and 2022 we called the Federal Reserve “tardy” on several occasions as they doggedly held to their “transitory” inflation stance long after reasonable people (using the right indicators) would have given up on such a...

On January 17, the Saudi minister of finance, Mohammed Al-Jadaan, announced that the Saudi state is open to selling oil in currencies other than the dollar. “There are no issues with discussing how we settle our trade arrangements, whether it is in the US dollar,...

Gold is often soft on Tuesday and… today is Tuesday. The uptrend line is being tested today, which is not a surprise. In just a few months, gold surged from about $1610 to $1950! I’ve urged investors to sell into this massive rally.

The best performing precious metal for the week was gold, but still down 0.03%. The Personal Consumption Expenditure (PCE) core price index eased further in December, perhaps laying the groundwork for the Federal Reserve to continue to ease up on rates. Consumer...

With the ongoing financial turmoil and the potential start of another world war, gold is behaving as we would expect, showing exceptional strength. Although we are nowhere near the top as open interest is still low, we still must be on the lookout for a short-term...

For the most part we are the beneficiaries of orderly financial markets.  For more than two hundred years market makers and traders have bought and sold – for themselves and in behalf of others – without long-term disruptions to the orderly function of markets.

It will soon be a year since Russian forces invaded Ukraine. The U.S. has provided Ukraine nearly $100 billion in weapons, cash, and humanitarian assistance. The sanctions imposed on Russia may be even tougher now than during the Cold War.

Patrick Karim returns to the show to discuss the latest insights on the commitment of traders for gold and silver and why investors need to pay attention to this information. Legacy media, such as Jim Cramer, the host of Mad Money on CNBC, is saying that now is an...

Last week we wrote about the propensity for mild corrections in the early stages of Gold bull markets. Corrections in Gold tend to be limited to 8% to 10% at the most while corrections in the gold miners tend to be limited to 15%. The exception is when you get a...

“The risk of over-tightening by the European Central Bank is nothing less than catastrophic” says Prof Kenneth Rogoff. At Davos he also said: “Italy is extremely vulnerable. But this could pop anywhere. Global debt has gone up massively since the pandemic: public...

"Immovable" indeed is our Gold: having closed one week ago at (precisely) 1927.7, price settled yesterday (Friday) at 1927.6 ... the 10¢ loss of benefit only to the dastardly Short whose wealth (at $100/point/contract) thus increased by ten bucks. Lah-dee-dah.

The Dow Jones continues having problems piercing its BEV -5% line, or closing above 34,959.67 dollars. It goes without saying that if it can’t do that, the Dow Jones can’t have a new BEV Zero, a close above 36,799.65.

Our proprietary cycle indicator is UP. Current COT data supports overall higher gold prices. Our ratio is on buy signal. Trend is DOWN for USD. Trend is UP for gold stocks. Trend is UP for gold.

The gold miners’ stocks are continuing to power higher in a strengthening upleg.  As their gains mount, sector bullishness is gradually growing.  Traders’ interest is rising, leading them to increasingly chase gold stocks’ robust upside momentum.  As uplegs mature,...

Here are today's videos and charts.

While the Federal Reserve was caught off guard by the rampant inflation that it expected to be 'transitory,' and now expects that it can raise rates as quickly as it has without causing a recession, there are several analysts who disagreed, and who have so far been...

At AOTH we’ve been writing about the coming copper supply deficit for years, while mainstream media kept quiet on the issue.

John Feneck and Jorge Ganoza join the show to discuss the current state of the precious metals market and the factors driving the bull run in gold and silver. We examine the DXY index and its impact on the prices of these metals. We also look at the GDX and GDXJ...

While Flash US PMI declined further in January, the input inflation accelerated. It’s not clear whether the Fed should become more dovish or hawkish – and that impacts gold.