Gold Editorials & Commentary

The gold market has seen quite a bit of action in recent weeks. Initially, on Monday, December 4th, during early Asian trading, the anticipated breakthrough above the all-time high at USD 2,075 was finally achieved.

This week, I published a video update evaluating whether gold stocks are cheap or undervalued. There is a difference. But I digress. After publishing the video and reviewing the comments, my biggest takeaway was that gold stocks are hated. 

The Inflation Deflation and Economic Cycle Model measures the liquidity impulse from fiscal and monetary policies. This is how we determine what will occur with the ROC of inflation and economic growth. The current liquidity factors that must be measured are the...

Although gold appears to have broken out of a triple top and recently hit fresh all-time highs at $2152, the gold miners are trading at the same prices they were 20 years ago. I believe this strange disconnect is going to change this year, since gold is finally...

The dollar is in the advancing phase of a new intermediate cycle and that means the euro is in the declining phase of an intermediate cycle. This has ramifications for metals. As long as the dollar is rallying, it just makes it much easier to keep metals suppressed...

The Federal Reserve’s interest-rate pause, due to successfully lowering inflation, and apparently coming, subsequent pivot to reducing interest rates, is good news for commodities.

New data from the Bureau of Economic Analysis shows that inflation has slowed significantly over the last year. Prices are now growing at a rate consistent with the Federal Reserve’s inflation target.

The problem with Libertarianism is it leans on the old Marxist adage, “You have to break a few eggs to make an omelet.” Except in this case the idea is, “A few people need to die of food poisoning before we know which diners are good.”

Vince Lanci of GoldFix on Substack and Echo Bay Futures joins us to recap recent developments in the Gold market.

On the heels of Gold having consecutively made four lower weekly lows, ‘twould appear there’s more languishing to go.  ‘Course our being Pro-Gold, we hope we’re wrong as so.

Since December 13th, to the close of this week, the Dow Jones has seen its twelfth BEV Zero (0.00% / new all-time high) of its current advance seen below (Red Circle), with three of those BEV Zeros made just this week.  This is a hot market.

As superficially upbeat economic data propels the stock market to new highs, precious metals investors are questioning the story being told by Wall Street cheerleaders and government bureaucrats.

Our proprietary cycle indicator is DOWN. Current data suggests a pullback, but should see overall higher prices. Our ratio is on sell signal.

Happy days are here again as stock markets staged a Christmas rally declaring victory on winning the war on inflation, after Fed Chair Jerome Powell’s monetary pivot raised hopes that the Fed might cut rates by 0.75% in 2024. Falling gasoline prices also boosted...

The multi-week correction in precious metals and miners should terminate shortly. Once completed, we see gold surging above $2100 to new all-time highs. Precious metals typically rally in presidential election years – 2024 should be no different.

Gold bearishness has flared considerably during recent weeks’ selloff.  But that’s merely been a mild pullback, neither big nor sharp.  The gold-futures selling that’s driven it has been relatively modest.  Such periodic retreats within ongoing uplegs are essential...

Here are today's videos and charts.

After the secondary extreme inversion of the 10-2 yield curve in July a new yield curve steepener was in the bag. That is exactly what the curve has been doing since the secondary inversion.

Gold Miners are definitely cheap as multiple valuation metrics are at historically low levels. When viewing a history of valuations going back as far as the 1980s we find current valuations indicating a secular bear market. Valuation indicators last peaked around...

The Federal Reserve recorded a record loss of $114.3 billion in 2023, and you (the American taxpayer) are on the hook. The last time the Fed ran a net operating loss was 1915.

As the dollar continues to lose purchasing power over time, the price of gold continues to rise reflecting...

What a beautiful reversal in mining stocks! What a tremendous verification! I told you that the head-and-shoulders patterns tend to be followed by verifications, and we just saw one.

The first gold rush in North America began in North Carolina in 1799 after a 12-year-old boy named Conrad Reed found a 17-pound gold nugget. The news spread, drawing the attention of tens of thousands of prospectors to begin mining operations throughout the state....

Economic fallacies are a booming business in an inflationary era. Recent attempts to promote the idea that corporations raised prices in the pursuit of higher profits, creating the last three years’ inflation, are not new.

Did you know inflation is on purpose? Government people would never admit this out loud, but inflation is a tax. They need inflation in order to maintain the borrow and spend system they've set up. 

Florian Grummes is joining us today and we delve into the current trends and future predictions for gold and silver markets in 2024.

The nature of the mining business is that metals prices tend to fluctuate. When the price of a particular metal rises, investor interest in that sector goes up, and usually wanes when the price falls. Resource investors naturally gravitate to other metals where the...

Today the US Dollar index (DXY) is pushing extremes, as markets so often do. It is popping through resistance and the SMA 200, just to get TAs and the machines alike riled up.

In the realm of macroeconomics, a legion of PhD economists in central banks passionately contends that interest rates are a pivotal policy tool for managing the economy. Simultaneously, these economists firmly uphold that the Consumer Price Index (CPI) is an...

Select politicians, government officials, economic elites, and experts arriving at the annual World Economic Forum meeting in Davos, Switzerland were greeted with an open letter signed by more than 250 billionaires and millionaires. The signers request their...