Gold Editorials & Commentary

The recent price surge in Hycroft Mining (HYMC) was due to AMC and Eric Sprott taking ownership stakes in exchange for essential liquidity. Prices have risen sharply since February. Is HYMC a buy at current levels? I believe so.

I am indebted to former Federal Reserve economist Lacy Hunt for his insights in a recent interview he did with Adam Taggart that I used in my presentation on March 10 at the Metals Investor Forum.

Not long ago, I wrote a piece on why gold was not rising. As I said then, and will repeat again now, gold’s then-yawning price moves in an otherwise ideal inflationary and negative real rate environment was just a momentary calm before the storm. In other words,...

Back in November, we noticed a new trick being employed to manage and manipulate the COMEX gold price into month-end expirations. Here's an update and explanation of why and how this is occurring.

One wrong trade on leverage and you can give up so much more of your prior gains! Gold has 4-6 weeks of grinding lower.

Everything is “going to plan” as far as the Precious Metals sector is concerned with gold taking off strongly higher as predicted and the Precious Metals sector outperforming the broad market for the 1st time in a long time, also as predicted. Two articles were...

The world’s fiat bugs promised that money printing, debt, and government meddling were the solution to the debt crisis of 2008. They did the same thing with the Corona crisis of 2019-2021, and now they are doing it again with the horrifying war crisis of 2022.

In line with predictions, gold is ceasing to benefit from war-fueled uncertainty. Meanwhile, silver faked another breakout. Could it be more bearish? Last week’s powerful, huge-volume reversal in gold was likely to be followed by declines. It was – but that’s just...

The tragedy continues. As United Nations Secretary-General António Guterres said yesterday, “Ukraine is on fire and being decimated before the eyes of the world.” There have already been 1,663 civilian casualties since the Russian invasion began.

Last week I mentioned that it might be time for the PM stocks to start consolidating their gains from the last reversal point in the blue 5 point triangle reversal patterns. It looks like it has now started after last week’s high.

This week, I am going to give you a two-for-one in this update. I am going to provide an update to my last TLT article, as well as a quick update to my market perspective.

Though most investors expect some type of pullback in the precious sector to “reset” the various technical indicators that have become “overbought,” the geopolitical situation with Ukraine has given the sector a flight to safety bid.

Based on the behavior of gold and the dollar, it can be concluded that the influence of geopolitical turbulence on the precious metals market is starting to fade and that it was only temporary.

The recently released February 2022 statement of account of the Bank for International Settlements contains information suggesting a decrease of about 29 tonnes in the bank's gold swaps, from 501 tonnes as at the end of January to 472 tonnes at the end of February...

The best performing precious metal for the week was silver, up 1.36% on the good gold tape. Gold climbed to a 19-month high above $2,000 an ounce amid mounting concerns over inflation and continued geopolitical tension between Russia and Ukraine. Bullion had earlier...

We might be moving into a minor daily cycle low. Gold came within a few dollars of its all-time record high and a profit taking event is underway here. Gold potential spots for a pullback bottom is around the $1,960 area but a more likely spot is the $1,920 area for...

Last week's trading saw gold forming its high in early-week trading, here doing so with Tuesday's spike up to the 2078.80 figure. From there, a sharp decline was seen into late-week, with the metal dropping all the way down to a Friday low of 1960.90 - before...

Gold formed a Massive Cup and Handle Bullish pattern that started at its September 2011 peak and continued through February 2022. This eleven-year pattern just completed. This pattern was Bullish and projected an upside breakout, with a price target of 3,000.

Barring your having been cave-bound in recent weeks, you well know our guardedness about Gold's recent geo-politically-driven rise as to its being suspect to demise given such historical wont.

If I were to speak of the sum total of the market’s action so for 2022, what would I say?  Maybe something from Bob Dylan; something like “A Hard Rain’s a Gonna Fall.”  Forget about financial assets being historically overvalued.  They have been for decades, since...

Our proprietary cycle indicator is UP. GLD is on short term buy signal. GDX is on short term buy signal. Trend is up for the dollar.

When I was student in the Stagflation 70’s, the only two budget items about which I cared were beer and gasoline. My hockey scholarship paid for everything else so I was largely insulated from the ravages of inflation, unlike many of my contemporaries that would...

In this week’s Live from the Vault, Andrew Maguire unpacks the geopolitical after-effects of sanctions against the Russian Central Bank, and the resulting global shortfall in physical gold and silver supply.

In August of 2020 we noted the danger signals for gold based on sentiment excess coming out of the acute pandemic fear phase. We also noted the need for a multi-year bullish Cup to build a proper handle after that excess. A Cup’s handle is actually a downward...

There are many regularities in nature. After winter comes spring. After night comes day. After the Fed’s tightening cycle comes a recession. This month, the Fed will probably end quantitative easing and lift the federal funds rate. Will it trigger the next economic...

The mighty and long-impervious US stock markets have suffered a major trend reversal this year, rolling over into a full-blown correction.  Volatility has exploded with the Fed’s epic monetary spigots being shut, inflation raging out of control, and a new Fed-rate-...

In Part I we discussed how the fallout from the Russian invasion of Ukraine will lead to inflation, but not in the way most people think.  In Part II we discuss the possibility of Russia repudiating the dollar and going on a gold standard. Can they do it? How would...

If there was ever a time in history when one should hold gold, silver and hard assets now appears to be the time. Gold and silver, in particular, have shown their value in time of crisis. When Venezuela went into hyperinflation gold and silver- along with all the...

“It’s possible to have more than one reserve currency.” These are the recent words of Jerome Powell, the Chairman of the Federal Reserve. It’s a stunning admission from the one person who has the most control over the US dollar, the current world reserve currency....

Gold tried to break its record, but it was the eighth time it failed in this regard. Despite conditions, the level above $2,000 remains unattainable.