Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More

The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More

The Korelin Economics Report, Released on 5/11/22Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us to discuss the continued correction in precious metals sector, in tandem with the pullback in most other markets, and where we may see a bounce. We start off with looking at whether gold could bounce from yesterday's move down to the $1835 level seen at the start of the surge higher wh...Read More

By Matthew Cortez, Last month was the 89th anniversary of oneof America’s biggest blunders on her descent from honest, sound money intoweaponized political money: ExecutiveOrder 6102.Signed on April 5, 1933, U.S. PresidentFranklin Delano Roosevelt required all persons holding more than five ounces ofgold to deliver their “gold coin, gold bullion, and gold certificates, nowowned by...Read More

More than just a few people are buying silver because “it protects them from inflation” –  or something to that effect. Ever wonder if that argument holds up? The chart (source) below indicates otherwise…             Silver Prices (inflation-adjusted) – 50 Year Historical Chart (1)According to the chart, it appears that silver cont...Read More

While the USDX rushes up withoutlooking back, gold is running... out of power. What could the next dollar highsmean for the precious metals market?In short, practically everything that Iwrote in yesterday’sanalysis remains up-to-date. Based on the relative valuations andpre-market price movement, I wrote that junior miners were likely to declinebelow their rising support line, and I moved th...Read More

As turmoil in financial markets unnerves investors, a larger economic crisis may be starting to unfold. The Federal Reserve’s first steps toward tightening monetary policy are exposing vulnerabilities in the highly leveraged economy. The Fed spent years injecting the economy with artificial stimulus. Now it is trying to take that stimulus away without causing a crash.On Wednesday, the Fed ra...Read More

Reference this article posted on 12.30.21: 2022: The Golden YearGold has done nothing unusual and in fact it has done as would normally be expected. In February it began to rally out of the base on the daily (futures) chart below. Driven by war (easy on the war, terror and pestilence bull rationales dear gold bugs) and inflation hype, kneejerkers and momos (momentum players) quickly jumped on push...Read More

Elon Musk’s $44 billion purchase of Twitteris being hailed as a victory for free speech. Musk vows to make changes to thesocial media platform that will make it a true “digital town square” wherepeople are free to speak their minds, even if others take offense.Of course, not everyone is excited aboutthe prospect.“Biden officials worry Musk will allowTrump to return to Twitt...Read More

While China plans to implementlockdowns for fear of an epidemic, concerns about the coronavirus are taking atoll on the oil market. Will it escalate?Crude oil prices remained lower onTuesday, after significant losses suffered the day before. They are stillweighed down by fears of a general lockdown in Beijing, the capital of China,as well as in Shanghai, thus risking a demand reduction for black g...Read More

Despite increased war tensions, goldfailed to break above $2,000. What’s worse, rising USDX and interest rates arealready lurking on the horizon.The precious metals just performedexactly as they were likely to. Despite the increase in war tensions, PMs andminers reversed instead of rallying, which indicated that the rally hasprobably run its course. Since the tensions can now (most likely) e...Read More

GOLD GAINS IN PRICE ONLYIt has been said that the more things change, the more they remain the same. That is certainly true of gold prices.Let’s look at the following three charts in succession. Then we’ll talk about them… Current Gold Prices (inflation-adjusted) – 100 Year Historical ChartOctober 2021 Gold Prices (inflation-adjusted) – 100 Year Historical Char...Read More

While investors remain happy-go-lucky,fundamental data for gold and silver is now worse than in 2021. Is this thelast chance to come back to earth?As another week comes to a close, thewinds of change are blowing across the financial markets. However, while manyinvestors and analysts can see only sunny days ahead, fundamental storm cloudsshould rain on their parade over the medium term, and it&rsqu...Read More

Investing in gold is a smart investment. But why? Gold hasbeen valued for centuries and for good reason! It's rare, durable, and can beused to make jewelry or electronics. Plus, it's not affected by inflation so nomatter what happens with the economy it'll always have some value. But beforeyou invest in gold there are a few things you need to know - what type of goldshould you buy? How do you stor...Read More

Gold is still running on thewar-fumes, but its last moves bring to mind only bearish associations. Worseyet, a rising dollar appeared on the horizon.On the technical front, we saw that the juniormining stocks moved higher in the first part of the session, butthen declined and ended the day practically unchanged. Why did junior miners rally initially?Perhaps for technical reasons. They were moving...Read More

The calm of the last 3-weeks has resulted in a risk-on environment. This, in turn, has led to a nice recovery rally in stocks. For the time being, volatility has subsided. However, we believe there are many underlying market risks that can still resurface without any warning.From late 2015 to August 2020, the price of gold doubled, going from approximately $1040 to $2080. Gold then experienced a p...Read More

PREDICTIONS FOR $20K GOLDGold at $20,000 is the latest price prediction from a high profile analyst. The article I read  makes a strong case for how the gold price could go to $20,000 oz. if the US dollar loses ninety percent of its current value.That part of the explanation is correct. And it is what I have been saying in my articles over and over again; namely, a higher gold price reflects...Read More

The silver miners’stocks have rallied in recent months, but are still underperforming gold stocks.  Silver lagging gold is mostly responsible, drivenby big stock-market down days dampening enthusiasm for speculation.  But silver will ultimately mirror and amplifygold’s bull upleg, fueling strong leveraged gains in its miners’ stocks.  Their just-finishing Q4’...Read More

GOLD AT $2000 Gold flirted briefly with the $2000 number last month. At $2043 oz., it was several dollars shy from matching its peak price eighteen months earlier at $2058 oz.With the current gold price at $1958 oz., the $2000 number is the sweet midpoint of that range. It is a nice round number and seems to be the price most gold traders and investors are focusing on at this time.It is proba...Read More

World events are driving a volatile andpotentially pivotal environment ahead for investors.Huge swings in financial markets are likely still to come.Direction, magnitude, and timing aredifficult to predict. But precious metals bulls are eying massive upsidepotential for gold and silver as war and inflation stoke safe-haven buying.What follows are four major macro scenariosthat could impact metals...Read More

Commoditiesare on fire.Theprice of oil has soared 43% since the start of the year.Palladium—ametal most often used in catalytic converters—has increased 28% over the sameperiod, while wheat has spiked 39%...Theseare major moves. But I see commodity prices headed even higher this year.Specifically,a huge opportunity is setting up in one of the most overlooked corners of thecommodity mar...Read More

In response to Russia’s war on Ukraine, the U.S. and G-7 countries have launched a currency war against the Kremlin. Sanctions imposed on the Russian central bank have effectively blacklisted the country from the U.S. dollar-dominated global financial system.Now the Biden administration is attempting to prevent Russia from using gold as an alternative medium of exchange.Last week, the Treasu...Read More