Gold Editorials & Commentary

Although we tend to focus more on the fundamentals here at Money Metals, the technical indicators can offer important insights. Such as right now.

“Read my lips: No New Taxes” Bush Sr said in his acceptance speech for his nomination in 1988 when he promised no tax rises. As most politicians, he didn’t keep his word. In the 1992 campaign Clinton made a devastating attack on Bush’s pledge and the rest is history...

Even the smallest moves can be of utmost importance to a number of investors. This time, the USDX was the one to give a subtle nod to the upcoming changes.

The past year has been a remarkably interesting time for precious metals and especially for silver. The metal had spent many years in the shadow of its “big brother”, but it made an impressive, roaring comeback that grabbed headlines and mainstream interest. 

It can be persuasively argued that the bull era for gold has been here since the beginning of civilization.  The D-grade track record of government money against gold, silver, and now crypto… is indisputable.

The S&P GSCI Index is strongly correlated with the price of gold. When the USDX goes up, the former does the exact opposite - and gold may follow.

The Governing Council of the European Central Bank met last week, keeping its monetary policy unchanged. The inaction was widely expected - no surprises here. The June meeting could be much more interesting as the ECB will have to decide whether or not to slow its...

Is Bitcoin losing its luster? Prices for the cryptocurrency have slid from a high of over $64,000 on April 14th to under $48,000 in trading this past weekend. The 25% sell-off would be akin to a crash in the S&P 500. But for crypto markets, that kind of...

Indicators are pointing to gold and mining ETFs running out of breath. They don’t seem to have what it takes to the move to the finish line. Despite gold, silver and mining stocks’ recent corrective upswings, the precious metals are running out of steam. After...

In 1932, a couple of songwriters named E.Y. “Yip” Harburg and Jay Gourney were struggling to come up with a song for a new musical called “New Americana” when returning to the studio , they were approached by a frail, young man with upturned collar and hat pulled...

In economic forecasting, reality is usually somewhere between the extremes. The best-case and worst-case rarely happen. That’s why, when they do happen, markets react so quickly to the “missed expectations.”

Prior to the presidential election, I expressed my concerns regarding how things would change should Biden be the winner. That of course came to pass. I have tried to keep my comments to a minimum until more is known of the changes that are to be made on his watch....

Last week's trading saw the gold market forming its low again into Tuesday's session, here doing so with the tag of the 1763.50 figure (June, 2021 contract). From there, a firm push higher was seen into Wednesday, with the metal running all the way up to a peak of...

Since SPX has now clarified its phase two structure as needing a slightly higher high before completing and reversing its trend from 3853, last week’s call for a top was obviously a little premature. 

We begin by quoting the late Hervé Villechaize as Nick Nack in the film 'The Man with the Golden Gun' --[United Artists, '74]: "So near... and yet so far..."

As always, we begin with a Bear Eye’s View (BEV) of the Dow Jones, with this BEV chart beginning in January 1982.  What’s a BEV chart?  It’s a view of a market’s price series where each new all-time high registers as a 0.00%, or a “BEV Zero.”  All other data points...

Long-term – on major BUY signal. Short-term – on buy signals. Gold sector cycle is up. $$$ We are 60% invested. New money can buy at current prices and hold for the longterm.

Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.

This young gold-stock upleg is accelerating, with fast-rising prices enticing in more capital. This sector has surged sharply to multiple major upside breakouts in recent weeks, which is starting to turn skeptics into believers. Despite their strong upside momentum...

We live in turbulent times. The pandemic is still raging and will most likely have lost lasting effects on our society. But a revolution is also happening right before our eyes. And I don’t mean another storming of the U.S. Capitol or the clash of individual...

US Treasuries are as much sought-out by investors in a crisis or pending crisis, but lately, Treasuries have become much less popular as a means of storing wealth.

US Treasuries are as much sought-out by investors in a crisis or pending crisis, but lately, Treasuries have become much less popular as a means of storing wealth.

The price of gold rebounded further, despite hawkish Powell’s letter to Senator Rick Scott. The second quarter of 2021 started much better than the first one for the gold bulls. As the chart below shows, the yellow metal rebounded from the late March bottom of $1,...

There is no way this bull market doesn’t end very badly. We all know that is the reality of this liquidity-fueled market, but we keep investing for “Fear Of Missing Out.”

I have a confession to make: I am reaching the end of my personal level of nonviolent tolerance when being forced to listen to non-elected "authorities" standing in front of TV cameras reading their "prepared notes" from Teleprompters without the vaguest clue as to...

If gold’s recent rally is just a correction within a larger medium-term downswing, and the 2018 pattern repeats, this could mean the final plunge. Gold continues to move just like it did at the beginning of this year, and – combined with the bottoming USDX – it...

Many of us are fed up. We've dealt with the overt Bank price manipulation of the COMEX precious metals for years, if not decades, and we're all ready for it to end. Individually we are powerless to stop it, as The Banks and their captured "regulators" collude to...

Even though gold “could have, would have, should have” rallied given USD’s decline, it ended yesterday’s session lower. Why? Because it wants to slide.

The horrifying US government fiat versus gold chart. Gold is a currency. It is the ultimate currency… and as this 50year chart shows, gold’s superiority over fiat is indisputable.

Several economic indicators have surprised us on the positive side. Nevertheless, the price of gold has rebounded.