Gold Editorials & Commentary

Every gold investor knows about the inverse link between real interest rates and gold. One of the key determinants of real interest rates are nominal interest rates. Within today’s article, we’ll examine the Fed monetary policy turns – just how did they affect the...

The USD Index rallied on Friday, and gold responded with an intraday decline – that’s normal. What’s not necessarily normal is the size of the daily change in gold compared to the size of USD’s rally.

Flying in the face of negative economic news, U.S. factories picked up steam for the third straight month in November. The preliminary manufacturing purchasing manager’s index (PMI), a leading indicator we closely track here at U.S. Global Investors, pulled further...

First, the good news from  — though it’s not great! Oxford Economics expects the global economy to stabilize in the first half of next year in a new forecast.

Below is a quick 10-minute update covering how gold bullion is continually accounting for our fiat financialized world having now made new record-sized promises much of which will not be delivered in full, if at all.

Physics students study mechanical systems in which pulleys are massless and frictionless. Economics students study monetary systems in which rising prices are everywhere and always caused by rising quantity of currency. There is a similarity between this pair of...

Have we learned the lessons of 2008? Stand-up comedians Konstantin Kisin and Francis Foster interview James Rickards.

With the latest news of Louis Bacon’s closing down his hedge funds, we are seeing further evidence of the difficulties hedge funds have been having during recent years.

For the past three weeks SPX has been grinding higher, seemingly glued to the exterior of the lower line of the blue channel which started at the 2346 low.  That channel line has served as a strong resistance line and, sooner or later, prices are going to fall away...

The precious metals sector has been on the defensive since gold's COTs reached extreme readings in August, and silver broke down from its parabolic uptrend in September. Many think that the sector correction has now run its course, but has it? That is the question...

This week opened with the Dow Jones closing at a new all-time high on Monday; it then lost headway closing the week -0.57% from Monday’s close.

In looking from here into year's end, our best judgmental read is for higher Gold ahead. With Gold having settled out the week yesterday (Friday) at 1462, you may recall from a few missives back our having been asked at a Sunday Investors Roundtable as to "Where do...

Gold sector is on major buy signal. GLD is on short-term sell signal. GDX is on short-term buy signal. XGD.to is on short-term buy signal. GDXJ is on short-term buy signal.

Gold bugs will remember 2012 as the last year of hope that gold was still in its bull cycle as it managed to hold key support around 1550 into year end.

In 2019, one of the market’s most surprising stories has been the massive bull trend movement that has been established in gold.  Additionally, a series of unpredictable changes occurred in the realm of monetary policy, as the Federal Reserve has already broken with...

The mid-tier gold miners just reported their results for a phenomenal gold quarter.  In Q3’19 this metal surged after its first bull-market breakout in years, driving much-higher prevailing prices.  That should’ve led to soaring profits for these mid-tiers in the...

The U.S. manufacturing sector has been growing weaker recently, entering recession. How serious is this contraction, and does it have the power to spill over to the broader economy? Let’s turn to gold – how far can these developments take us on the yellow brick road...

Here are today's videos and charts.

Yesterday, the Fed released minutes from its last meeting. They show an important shift among the meeting participants. In September, the FOMC turned more worried about the state of the U.S. economy, while just six weeks later in October, the Committee felt more...

Many people feel that the metals are too hard to trade.  Personally, I view them as much easier to trade since they are a rather pure sentiment trade. And, they have acted almost perfectly within our expectations of late.

Since the Federal Reserve detached the dollar from the gold standard in 1971, the world's central bankers – with the Fed leading the charge, have flooded the world with fiat currency to the point of diminishing its purchasing power to shadow status.

3,400 high net worth investors with at least $1 million in investable assets were surveyed by UBS. Fifty-five percent of respondents expect a significant drop in the markets at some point in 2020.

You know the monetary drill: Commercial bankers and central bankers create more digital dollars from nothing, inject them into the economy, dollars devalue and prices rise. They issue press releases claiming they are doing a great job.

In this interview, Brian and Darryl Panes reconnect with Egon von Greyerz of Matterhorn Asset Management AG at the Gold and Alternative Investments Conference in Sydney.

‘Retail Gold Insights 2019’ has just been published by the World Gold Council. It is a thematic analysis of their new consumer research survey. With a base of 18,000 participants across India, China, Russia, Germany, the US and Canada, we believe it is the largest...

The recent sell-off in gold has triggered massive gold demand from India. Recall that India had been dormant since June, when the Government increased the import duty by 25% on imported kilo bars. But the lower price of world gold, combined with India's peak...

Some analysts has argued that the manufacturing sector reached a through. But this not the case. The latest Fed’s report on the industrial production and capacity utilization clearly shows that the pundits were wrong again. As they so often are.

GoldCore directors have been monitoring the political and economic situation in Hong Kong for the last year. It has clearly deteriorated in the last two weeks and we are now erring on the side of caution in terms of our client’s who store assets there.

"For every action, there is an equal and opposite reaction." —Sir Isaac Newton (Newton's Third Law) In nature, where everything moves freely absent human interference, her omnipotent forces are allowed to manifest themselves in manners that create a living ecosystem...

The title of this analysis may seem perplexing, but it’s really isn’t. Gold can rally up and down. In fact, any market can. They just can’t do it at the same time. Gold and silver bottomed several days ago and they are now moving higher and their rally is likely to...