Gold Editorials & Commentary

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

The mainstream psyche has latched onto a Goldilocks scenario where inflation dies, interest rates fall, and the economy glides to a soft landing. People should probably read the end of the story because Goldilocks dies.

I launched this business with a simple thesis. Interest will draw gold into the market; without interest, gold disappears into private hoards. The obvious reason is that people want a return. Without a return, they put their gold away and seek to avoid risk. A...

Gold mining companies are historically undervalued compared to gold itself. While there are never any guarantees in the investment world, should gold indeed break out to new all-time highs in 2024, the potential exists for a tremendous revaluation higher for the...

I have been writing about Gold’s super bullish cup and handle pattern since 2021. The pattern is super bullish because the handle consolidation of the past few years has transpired above the 38% retracement (around $1675/oz), and the peaks are above the peak from...

All situations in which the anti-concept of inflation is occurring for whatever reason, while at the same time there’s little economic growth for any or no reason, and also unemployment is high by some standard for an unstated cause which could be anything from...

After a year and rally that pushed the gold and silver prices higher, the precious metals have been off to a slow start in 2024 with both metals lower on the year.

So, it happened. The USD Index verified its breakout in a beautiful style. That’s really important for gold price.

Gold appears to have built solid support above $2,000 an ounce, but momentum to move higher in the short term has eased with uncertainty about the timing of Federal Reserve rate hikes.

Just to remind you, a few weeks ago, I wrote an article which outlined the potential for a major bear market lasting between 13-21 years. In fact, this may even cause long-term depression. And, there were many comments to that article which mostly took objection to...

A steepening in the yield curve to above 0 and in a vertical fashion indicates an imminent recession. The yield curve has steepened to -0.17 and flashing yellow.

With a CAPE (inflation-adjusted P/E ratio) number that Icarus would have a hard time reaching, the US stock market is ripe for a major fall.

The best performing precious metal for the week was gold, up 0.08%, but just slightly, as a soft PPI data for December amped up expectations of interest rate cuts. In addition, U.S.-led airstrikes on Houthi rebel targets in Yemen likely raised demand for precious...

While it is far from the only important indicator for the markets, the Treasury bond yield curve (10yr-2yr) is very important because it takes what is probably the most important market for macro signaling (the bond market) and gives us a view into the dynamics...

In this first discussion of a longer series focusing on key risk themes nearing a 2024 breaking point, Matterhorn Asset Management principals, Egon von Greyerz and Matthew Piepenburg, open with a blunt discussion on the critical (as well as controversial) topics of...

Gold enters the week at $2052. It has support at $2020 and $2000. Gold is trading at the midpoint of its range and has already tested resistance at $2100.

In today's video I'm going to highlight the pitfalls of giving into your emotions and basically what I'm talking about is buying high and then selling low.

With Bitcoin making the news last week when the Securities and Exchange Commission (SEC) finally approved exchange traded funds, it’s a good time to review the topic again.

The “biggest collapse in the money supply since the Great Depression” continues unabated at this point. The decline in the money supply is nearly three years old and dates back to April 2021.

At its December meeting, the Federal Reserve effectively declared victory over inflation. They didn’t didn’t use those words, but that was the signal given by the policy trajectory laid out by the FOMC.

With the US shooting itself in the foot again, we are now certain that this is the final farewell to the bankrupt dollar based monetary system. More about this follows but, in the meantime, an extremely important warning: If you have never been a goldbug, this is...

Markets closed 2023 with the strongest rally for equities, bonds, gold, and cryptocurrencies in years. The level of complacency was obvious, registering an “extreme greed” level in the Greed and Fear Index.

Reader Scott Baker took issue last week with my unsettling prediction of a deflationary bust. The mountain of debts that I believe will cause this is really no big deal, says Baker. He quotes economist Michael Hudson to back him up: “Debts that can’t be repaid, won’...

Gary Wagner, the editor of TheGoldForecast.com, joins the show, and we delve into the complexities of the silver and gold markets in the context of current economic projections, interest rates, and the Federal Reserve's policies.

We directly start with this as culled from the second paragraph penned herein a week ago: “…But in seeing the Dollar take flight to start this year … along with the Bond’s fresh demise as yields rise, might renewed inflation be taking first prize?  In other words: ...

As inflation comes in hotter than expected and the federal deficit comes in higher than ever, investors face rising risks in financial markets.

Gold sector cycle is down. Trend is up for gold and gold stocks, and down for USD.

Gold’s vexing disconnect from reported inflation took center stage again this week.  The latest US inflation read came in hotter than expected, yet gold didn’t surge despite being the classic inflation hedge.  This strange incongruity has festered for a few years...

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

The Consumer Price Index for December came in hotter than expected but it’s a lot lower than it was a year ago. That means inflation is decreasing, right? Not so fast.