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NEW YORK (May 24) The gold market rallied slightly in the early hours of Friday, as the recovery looks to begin. Can it hold? Only time... Read More »
ZURICH (May 24) UBS has raised its forecast for gold prices, projecting the precious metal to reach $2,600 per ounce by the end of 2024, up... Read More »
LONDON (May 24) Gold prices hit a two-week low on Friday, set for their largest weekly loss in over five months, as the likelihood of... Read More »

 

Latest Gold Articles

We start with this from the “Pat on the Back Dept.”  Per the prior missive penned a week ago (“Another Gold All-Time High is Nigh”), ’twas therein stated that Gold (then 2420) was exhibiting sufficiently daily trading range such that one could reasonably expect a...

The Dow Jones saw some downward pressure this week.  Nothing serious as it closed the week with a BEV of -2.33%, still deep in scoring position.  In my BEV charts, I always include a table giving the point values for the important BEV lines.  If you look at the one...

On Wednesday, minutes from the Federal Reserve’s latest policy meeting showed central bankers are frustrated by the lack of progress on inflation. After several months of official inflation readings coming in hotter than expected, the Fed has been forced to back off...

Overall, we have been seeing panic selling in the markets. Will the indexes get above their moving averages once more, or is this a multi-wave correction?

Could the world be creeping closer to a monetary gold standard? Steve Forbes sees signs that it is. In a recent article published by Forbes Magazine, Steve Forbes wrote that it may seem hard to believe, but the world is “beginning to lurch toward a gold-based...

Gold and silver soared and plunged together, but… Not at the same pace. And this can tell a lot. The way in which both precious metals move relative to each other is not random. It has specific rhythms and patterns, and understanding what it means can give one an...

The mid-tier and junior gold miners in this sector’s sweet spot for upside potential recently wrapped up their latest earnings season.  These fundamentally-superior smaller gold producers delivered big last quarter, reporting spectacular results.  The potent...

Here are today's videos and charts.

The Reserve Bank of India has followed the lead of China and other Eastern central banks and ramped up its accumulation of gold.

Chinese private sector gold imports accounted for 543 tonnes in the first quarter, while the People’s Bank of China (PBoC) added 189 tonnes to its reserves over this time horizon. Most of the PBoC’s purchases are “unreported.” China continues to be the marginal...

Last week, the Wall Street Journal reported that the Fed and two other U.S. banking regulators are going to significantly reduce a planned increase in capital requirements for the country's large banks.

How long will the world keep buying U.S. bonds, notes, and bills, or use the dollar as a reserve currency, if Washington is bent on fiscal self-destruction?

The salvo from Washington as it unleashes the Green War with China leaves no doubt about the perilous state of Sino-US relations, and, incidentally, about Bidenomics. Yet, the remnant of a strong monetary link between the two countries brakes the journey into an...

Our first chart is the 6-month chart for gold and it’s interesting to see that while silver and PM stocks raced ahead last week, gold’s new upleg has barely gotten started and it has yet to break above the resistance at its early April highs – it will though and...

Wall Street is ecstatic after the Dow Jones Industrial Average (DJIA) hit 40,000 for the first time ever. The nominal record makes for plenty of pithy headlines.

In this profound discussion held in Singapore, financial experts Egon von Greyerz and Jim Rogers explore the complexities of global economics, investment strategies, and the future of currencies

Silver cleared $29 resistance and is in breakout mode as Gold has rebounded to near its previous high at $2417. Silver could retest the breakout at $29 but retest or not, it appears headed to that strong target at $34-$35.

Despite a rising price, Chinese gold demand remained robust in April. Strong investment demand more than made up for some weakness in the gold jewelry market. This continues a trend of gold moving from West to East. China ranks as the number one gold consumer in the...

China. The citizens of this economic superpower have been the “prime mover” for the latest collapse of global government fiat money against gold.

Gold and Silver especially closed the week higher, with Silver surging to above $31/oz while Gold closed at a weekly higher high, above $2400/oz. Gold is building on its cup and handle breakout, which has a measured upside target of $2900-$3000/oz.

Money-supply growth fell year over year again in March, but March’s decline was the smallest money-supply drop recorded in sixteen months. Moreover, the money supply in March grew—month over month—by the highest rate in two years.

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