Gold Editorials & Commentary

Joining us today is the gold expert John Butler; we discuss the history of money, the Fed's rate hike, investment strategies, and the Gold and Silver outlook going into 2023.

With the early failure of the summer rally at 1,807 USD, the outlook for the gold market quickly deteriorated again since mid-August. As a result, the bears were able to push gold prices without much resistance below the important support at 1,680 USD.

Long-time readers of The Gold Update may remember this quip per a metro station billboard: "A Lot Can Happen Between 9 and 5" --[The San Francisco Examiner, circa 1980s]. And 'tis perfectly apropos to that which was written in Friday's Prescient Commentary quite...

Our proprietary cycle indicator is UP. Gold sector is on long term SELL signal. Long term – on SELL signal. Short term – on mixed signals. Gold sector cycle is up. COT data is supportive for overall higher prices.

China is facing several economic problems right now. Will gold benefit from them? The country was to become the biggest economic power that would dethrone the United States. Its pace of development was impressive and practically without precedent: in 1980-2010, the...

Option expiry day is today and how the markets close out the week is important.

The euphoric US dollar’s epic parabolic surge over this past half-year continues to sorely vex gold.  The dollar’s vertical march to extreme secular highs spawned heavy gold-futures selling, slamming gold.  The resulting lower gold prices have scared away investors...

As the Fed fights the last war (on inflation) the result is a rare thing; a bear market haven called cash, paying increasing income.

We are joined by Gary Wagner of The Gold Forecast to discuss his recent comments regarding Gold and Silver, where he says there is "Blood in the Streets." Furthermore, we talk about CPI numbers, inflation, Gold heading east, the Housing Market, and more.

While the Federal Reserve is hiking interest rates and hedge funds are selling paper gold and silver, physical metal continues to flow to the east.

Over the past couple of months, since the posting of my article Gold Charts - $1450 the price of gold has done nothing to indicate a change in direction or reversal of any consequence.

To paraphrase a famous Pink Floyd song, I wish you weren’t here, inflation! The CPI increased 0.4% in September, after rising 0.1% in August, according to the Bureau of Labor Statistics. The move was slightly higher than expected and occurred despite a 2.1% decline...

Sentiment is a funny thing. Fear and greed are two very powerful motivators and markets trigger these emotions in people like nothing else. Prices move and people react emotionally; the more they move the more they react and this dynamic manifests in various ways....

Patrick Karim returns to the show to discuss his article, "Death Of US Equities." We also review the latest trends in the Silver, Gold, and Bitcoin markets.

Although gold had the conditions to rest for a while and fall only a little, it chose a more radical path and hit new monthly lows. Can it move lower?

One can’t emphasize enough how dangerous the current macro setting is in the wake of a deliberately strong and illiquid Dollar. Biden, of course, says not to worry. We say otherwise.

Over the last few months, we have written several articles outlining our views of banks in general. We explained the relationship that you, as a depositor, have with your bank is in line with a debtor/creditor relationship.

Every natural element with which the earth has been endowed has a usefulness—a purpose. If we listen to gold, its message is loud and clear—gold is money. To serve as natural money is gold’s highest purpose.

If US pump gas has a reasonable price and the stock market is in rally mode, American president “Jackboot Joe” Biden can continue his hideous warmongering in faraway lands… and most US citizens will not complain.

This past week did not go exactly as most expected... did it? On October 11, just two days before the CPI number was announced, Bloomberg ran an article entitled, “JPMorgan Says Too-Hot CPI Would Put Stocks at Risk of 5% Tumble.” And, they were not the only one.

Early this month, Congressman Alex Mooney of West Virginia introduced the Gold Standard Restoration Act (H.R. 9157). If enacted into law, it would require public disclosure of the federal government’s gold holdings and eventually define the dollar as a weight of...

In today's video, Gary takes a quick look at the long-term chart for gold. People get frustrated and despondent when we're in the declining phase of the 8-year cycle and they convince themselves that gold can never go up and they'll never make any money in the...

The best performing precious metal for the week was platinum, but still off 1.84%. Traders flipped to net bullish on platinum’s long position this week. Fortuna Silver reported third-quarter production of 1.84 million ounces of silver and 66,000 ounces of gold,...

The spread between permabulls and permabears is at an extreme these days, even for October. This is the month when pessimists' hopes are highest that an epic bear market will correct dangerous excesses that have been building up in the financial system for more than...

This year has seen a correction in the gold price, commensurate with rising interest rates/ bond yields, and the spectre of more to come. The precious metal has also been hammered by a strong US dollar, which is negatively correlated to the gold price.

As new inflation data pushes the Fed toward continuing with rate hikes, precious metals markets are struggling to make headway.

In settling out the week (Friday) at 1650, Gold recorded its lowest weekly close of the past four. And within the guise of the ongoing weekly parabolic Short trend (as we below see), let's recall what herein was penned four weeks ago upon it all starting back then...

Here’s a Dow Jones BEV chart going back to 1885.  A Bear’s Eye View (BEV) chart displays the Dow Jones in terms of new all-time highs (0.0% / BEV Zero) and percentage claw-backs on those days the Dow Jones came short of making a new all-time high, all the way down...

With miners like First Majestic on the move, our SPY-NYSE play yesterday, and our prudence in waiting for the 6,60 moving averages for GDXJ to signal the next leg higher, SG60 subscribers are poised for serious gains with well-managed risk!

Our proprietary cycle indicator is now UP. Gold sector is on long term SELL signal. GLD is on short term buy signal. GDX is on short term buy signal.