Gold Editorials & Commentary

 “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...

It is my privilege now to welcome in Greg Weldon, CEO and President of Weldon Financial. Greg has over three decades of market research and trading experience, specializing in metals and commodity markets and even authored a book in 2006 titled Gold Trading Bootcamp...

Last week markets wobbled somewhat on the 30th anniversary of Black Monday with a 2017 version of an iffy day’s trading. The S&P 500 posted it’s biggest post-midnight drop on Friday, but went onto finish the day with yet another record close.

We are getting close to an intermediate top, but not quite there, yet. Another minor top, followed by another minor correction is likely to come first. A decline below 2521 on the next correction would alter that scenario.

The dollar is getting ready for a sizable rally, and that means that gold and silver are going to be knocked back again. Longer-term however, the outlook for the Precious Metals could scarcely be better, as we will see.

The Dow Jones Index this week closed at new all-time highs for each trading session, with Friday’s being the 70th new all-time high since last November’s election. That’s 70 of the 240 NYSE trading sessions since November 8th closing at a new all-time high; better...

We begin straightaway with a set of our hidden microphones still placed after all these years inside the Salzburg clinical offices of Dr. Youara Nichtsogut, noted analyst in the psychosis of precious metals…

Our proprietary cycle indicator is down. To public readers of our updates, our cycle indicator is one of the most effective timing tool for traders and investors. It is not perfect, because periodically the market can be more volatile and can result in short term ...

The stock market is inside a parabolic rally, a near vertical rise with no significant corrective declines in a year, the S&P500 not even experiencing a 1% daily decline in months. Parabolic rallies typically do not end well, but they can blow off to the upside...

Dear Friend of GATA and Gold: In his essay this week, "The Case Against Gold as a Central Bank Asset" -- The economic historian and libertarian financial writer Gary North argues that central banks should get rid of their gold reserves.

A German newspaper just published one of the most important things on gold you’ll read all year. It’s an interview with Pierre Lassonde, one of the smartest guys in mining. One of the smartest guys in the world. Pierre is the billionaire founder of top mining...

Here are today's videos and charts.

Leverage is the use of credit or borrowed capital to increase the earning potential of your investment portfolio. But like everything else in finance, higher returns mean higher risk, so leverage is not for everyone.

Ten years ago last week the U.S. stock market hit a peak before crashing during the financial crisis. That now seems a like a distant memory but with stocks making new record highs every day recently, it is prudent to step back and evaluate the long term performance...

Yesterday, the Department of Labor announced that initial jobless claims dropped. Quite a lot. So naturally, markets reacted. The stock market began to rise. The euro rose, at least for a while.

In light of the 30-year anniversary of the Black Monday Crash in 1987 (when the Dow lost more than 20% in "one day", we should be reminded that investor anxiety usually increases when markets get to extremes. If stock prices fall steeply, people fret about money...

The gold industry has been built on the leveraging of debt and energy.  The days of using human and animal labor to produce the precious yellow metal are long gone.  While some gold is still mined the old fashion way, the overwhelming majority is produced by using...

The market is on the verge of something serious. For months we’ve been climbing steadily in a tighter range. Stocks have been BEYOND overbought having gone 300 days without even a 3% pullback.

Gold and silver have played important roles during periods of conflict and have protected people but also protected nations and conferred power. HSBC Chief Precious Metals analyst James Steel has written a fascinating piece for this month’s Alchemist about this.

The correlation between the price of gold and the US dollar is an interesting one. For starters, gold is inversely correlated with the USD. Simply put, as the dollar appreciates (strengthens) the price of gold rises and demand for it falls on global markets.

Yes, much has recently been published about the 10-year anniversary of the 2007~08 credit market crash and many people are trying to make comparisons between then and now.  Some of this information is valid and factual.

Mike responds to questions about Jeff Clark’s recent story on Chinese oil imports being priced not in dollars, but yuan. And how they're convertibility into gold on the Shanghai futures exchange creates a new and large source of gold demand.

It may feel like we’ll escape a debt crisis since, well, the world hasn’t ended in spite of runaway debt levels. Some of us hard money people feel like we’re taking crazy pills; how the heck can debt be so out of control, so completely unpayable, and yet the...

Gold’s recent rally from the $1268 area lows has stalled, and the reasons for that are both fundamental and technical.

The Fed is no longer even trying to hide the fact that it WANTS inflation. In the last month, the Fed has attempted to feign ignorance about the true nature of inflation. Fed Chair Janet Yellen even went so far as to claim the Fed doesn’t “fully understand”...

I’ve never played poker but I’m pretty sure the number one rule is not to reveal your cards to your opponents. Yesterday the ONS possibly gave the EU one of the biggest reveals so far in Brexit negotiations. Revised figures from the statistics bureau showed the...