Gold Editorials & Commentary

In March, we saw a continuation of the rally in bond yields that started in February. As the chart below shows, the 10-year real interest rates have soared from -1.06 on February 10 to -0.66 percent on March 23.

Over the last few weeks, we’ve been constantly bombarded by news reports and “expert” analyses celebrating an incredible global economic recovery. They’re not even presented as projections or expectations anymore, but as a fact, as though the return to vibrant...

Gold had a good day yesterday, but as it hits the $1,770 resistance line, it will be anything but easy for the yellow metal. The real test has begun.

The gold miners’ stocks remain undervalued, strong buys fundamentally. Their stock prices are too low relative to both underlying corporate profitability and prevailing gold prices. That gives gold stocks big potential to power much higher during gold’s next bull-...

After a prolonged decline, gold miners are showing signs of strength. The analysis below supports an immediate breakout and renewed uptrend in precious metals and miners. If all goes well, gold should work its way back to the $2000 level by August.

Ignore what central bankers are saying; instead, watch what they are doing. While they poo-poo gold or pretend it doesn't exist, global central banks have been quietly but aggressively accumulating gold bullion for several years now. The Central Bank of Russia, for...

Gold moved higher and it moved to the upper border of my target area. Gold did reverse at its triangle-vertex-based reversal last week, but it turned out that it wasn’t the final top. It seems that this final top is being formed right now. Why? Because the level...

The U.S. CPI inflation rate rose 0.6% in March, following a 0.4% increase in February. It was the biggest monthly jump since August 2012. The move was larger than most analysts expected. However, I’m not surprised at all, as after February’s CPI report, I wrote that...

A reminder why they always will be sound money…and why bitcoin cannot fill that role. With bitcoin’s price still rising and expected to rise even more, there has been a growing belief in cryptocurrency circles that it will replace unbacked government currencies when...

Gold prices ticked higher on Tuesday after inflation data showed US consumer prices rose in March for the fourth straight month and inflation hit its highest level in 2.5 years.

When I was a very young boy, schoolchildren were not driven to school or to the bus stop; they walked from their houses, usually in groups, with older boys instructed to look after both the younger ones and the girls, lest they get lost.

Will surging inflation push gold price higher? Luckily I’m joined by Marco Roque of Cassiar Gold to talk about it… So to find out, click to watch the video now!

The Fed wants to have their cake and eat it too, but the cake is stale. Jerome Powell’s remarks in testimony before the Senate recently provoked considerable attention.

Gold’s slight rally might be getting some people excited, but appearances can be deceiving. USDX action hints at gold really wanting to move lower. The yellow metal has climbed, but only with lacklustre energy. If the USD Index is not rising, then gold should really...

Cost-push inflation could break out (and a note on gold). Before beginning the post a little context is in order. We (NFTRH) anticipated the current pause in long-term Treasury yields (one indicator of inflation) because pro-inflation sentiment became over-done in...

Since August, we've been waiting for a bottom and end of this current consolidation in COMEX gold prices. With the most recent U.S. inflation data, that day may finally be here.

For a lot of people in the United States, being forced to wear a mask is abhorrent.  They view it as heavy-handed government action… a theft of their freedom. Their frustration is understandable, but is the Corona mask the one that matters most? 

It’s uncanny how the USDX is mirroring its 2017-2018 moves. This remarkably similar pattern is a strong indicator of the dollar’s rising strength. And as we all know, a strong dollar does not bode well for gold.

Last week, The Federal Open Market Committee (FOMC) published minutes from its last meeting in March. They show that – in light of positive economic indicators – the members of the Committee turned out to be more optimistic about the U.S. economy since the previous...

Inflation remains the hottest topic on investors' minds. Following the passage of the latest trillion-dollar stimulus package in March, web traffic, consumer surveys and bond market indicators all show increased concern around price pressures in the year ahead.

Treasury Secretary Janet Yellen has proposed that governments around the world require payment of at least a uniform “global minimum corporate tax.” A motivation for Yellen's push for a global minimum corporate tax is fear that the Biden administration’s proposed...

The best performing precious metal for the week was silver, up 1.18% as hedge funds boost net-long silver positions to a three-week high. Gold rose on Thursday as the dollar weakened after dovish rhetoric from the Federal Reserve, which gave no indication of...

William Watts with MarketWatch sees the “biggest Inflation scare in 40 years” on its way. He expects massive amounts of stimulus coupled with a boom associated with easing COVID restrictions to generate a surge in prices like the nation hasn’t seen since the late...

Keep your eye on the ball. Just because the GDX ETF went up last week doesn’t mean that it’s in an uptrend. Corrections are part of the game.

While I cannot tell you with certainty that we are about to see a market melt-up, I can tell you that the setup is now in place to melt up to the 4400SPX region through the spring.

In the first quarter of 2021 the EMA Fund recorded a loss of 7.7%.  This compares favorably to the GDXJ Junior Gold Stock Mining Index which declined by 17.0% during the quarter.

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 comes to an end

Last week's trading saw gold forming its low in Monday's session, here doing so with the tag of the 1721.60 figure. From there, strength was seen into later in the week, with the metal pushing all the way up to a Thursday high of 1759.40 - before backing off the...

Since I last wrote an article on the markets in mid-March, the Dow Jones has seen four new BEV Zeros in the BEV chart below, and was never more than 1.80% from these new all-time highs.  That’s pretty bullish.<

This note considers the potential impact of the “Basel 3” regulatory standards of the Bank for International Settlements on the bank’s own gold banking business, which is of interest to gold investors mainly due to the regular trading the BIS does in gold swaps and...