Gold Editorials & Commentary

Warren Buffet famously proposed the analogy of a machine that produces one dollar per year in perpetuity. He asks how much would you pay for this machine? Clearly it is worth something more than $1.00. And it’s equally clear that it’s not worth $1,000. The value is...

Lords of the tech world Peter Thiel and Steve Wozniak are the latest to add fuel to the bitcoin versus gold debate. At separate conferences both told audiences that they had great hopes for bitcoin, comparing it to gold. The co-founder of Paypal and the Apple co-...

Yesterday saw one of our most important predictions become reality—the dollar broke decisively out of its Head-and-Shoulders bottom. We can clearly see this breakout on the latest 6-month chart for the U.S. dollar index shown below. Fundamental reasons for this are...

Another minor top was projected for this week, and the market complied once again. We’ll continue this price action until we can say “the intermediate top has arrived!” But that could still be a couple of weeks away and, in the meantime, more new all-time highs are...

As the US Stock Market Bubble continues upward toward a giant pin, there are some interesting developments that precious metals investors will find quite interesting.  Yes, there’s still a lot of life left in the precious metals, even though pessimistic market...

"But time is money, mmb..." So is Gold, Squire, as well as its being a store of value, (unlike popular equities past such as Bear Stearns which slid from $159 to $2, or Enron, its skid from $90 to 60¢, or even contemporarily the 35 companies in the S&P 500 that...

Not much new with the stock market this week. With the market advancing that isn’t bad news. Last week the Dow Jones closed at new all-highs on each day, but did so only on Tuesday this week. Still on a weekly basis, the Dow Jones found itself at a new all-time high...

Gold prices fell on Thursday after a central bank policy announcement. The dollar index rallied after the European Central Bank (ECB) said it would reduce its bond purchases but hedged the move by also extending the lifespan of its bond-buying program. While the...

Long-term – on major buy signal. Short-term – on sell signals. Gold sector cycle is down. COT data favors overall higher gold prices. We are holding gold related ETFs for long term gain.

It is my privilege now to welcome in Axel Merk, president and chief investment officer of Mark Investments, and author of the book Sustainable Wealth. Axel is a highly sought-after guest at financial conferences and on new outlets throughout the world, and it's...

Here are today's videos and charts.

This epic central-bank-easing-driven global stock bull is starting to be strangled by the very central banks that fueled it. This week the European Central Bank made a landmark decision to drastically slash its quantitative easing next year. That follows the Fed’s...

China has been accumulating a lot of bullion over the past decade. It is also the largest producer of gold in the world and - along with India - one of the biggest consumers of the yellow metal. According to the World Gold Council's data on the second quarter of...

– Russia adds 1.1 million ounces to reserves in ongoing diversification from USD

– 34 ton addition brings Russia’s Central Bank holdings to 1,779t; 6th highest

I haven’t posted much on the US dollar lately as I’ve been waiting for the dust to settle, as the price action completed another reversal point in its nearly 2 1/2 year trading range.

The accumulation of monetary policy errors by the Fed is increasingly certain to culminate in the credit crisis that always marks the end of the credit cycle. Credit crises are the result of globally coordinated monetary policies nowadays, so the timing of the...

ECB President Mario Draghi is now walking back QE. This is not a surprise to our readers. I’ve been forecasting this exact development, (as well as the Euro's spike to 120) since August 2016 (by the way, the Euro was at 109 back then everyone thought it would soon...

When we talk about the Eurozone crisis we are usually referring to the Eurozone debt crisis. According to the OECD the debt crisis of 2011 was the world’s greatest threat.

Last December, the Iranian government of Hassan Rouhani passed a bill to change the name of Iran’s national currency from the rial to the toman. This would require a redenomination in which one zero was lopped off Iran’s unit of account, as 1 toman is equal to 10...

Recent high-profile cyber security breaches at Equifax and other financial institutions highlight the perils of an all-digital economy. When wealth can be evaporated or expropriated at the stroke of a key, how secure can your finances really be?

Fifty years ago the U.S. bombed North Vietnam. That worked out well for the military contractors but not for people or global economies.

It was one of the coolest scenes in the Adventures of Superman show: Clark Kent ripping back his business suit to reveal the Superman outfit underneath while he sprints to save the day. Probably millions of people have seen that transformation.

Why do we love gold? There are so many given reasons. From its presence throughout history, to its role as money, to its status as a symbol of wealth. But what is the psychology behind the human race’s ever-present love for gold? How did it begin, why has it...

Dear Friend of GATA and Gold: There's a little progress this week in the field of gold market analysis, for in his latest commentary, headlined: "Motive, Means, and Opportunity, But No Crime" --

While the financial media “high fives” over stocks hitting new high, something far more important is brewing in the bond markets. Bonds are the “smart money” in the financial system. The bond markets are not only much larger, but much more liquid than stocks. As...

 “The Federal Reserve and other central banks have piled up huge reserves. But there is no inflation because the money is sitting within the banks and they are not lending it. Therefore, you don’t get a multiplier effect.” -Pierre Lassonde, gold expert, interviewed...

Candidate Donald Trump was none too kind to current Federal Reserve Chair Janet Yellen during his 2016 campaign. However, the President’s tone with regards to Yellen and Fed policy has been softening since his election.

Since the birth of bitcoin there has been one question that has repeatedly grabbed headlines and led debates all over the world – will bitcoin replace gold? The latest to weigh in on this question is Goldman Sachs which, in a research note entitled ‘Fear and Wealth...

Last week, we discussed the marginal productivity of debt. This is how much each newly-borrowed dollar adds to GDP. And ever since the interest rate began its falling trend in 1981, marginal productivity of debt has tightly correlated with interest. The lower the...

After the Indian government eased rules on gold purchases, the country’s demand for gold jewelry and branded coins appears to be better than the last quarter, according to P.R. Somasundaram, MD for India at the World Gold Council. The ensuing wedding season is the...