This week gold and silver see some small downwards movement following their recent gains. Platinum held steady, while palladium continued its declining slide. The S&P briefly reached a new all-time high before dropping down to 6,400.Meanwhile, the focus shifts to Jackson Hole and what the next Fed meeting will unveil. Let’s take a look at where pre…

Could A Breakdown In Bonds Break The Stock Market? Bessent Pressures Bank Of Japan For A Stronger Yen Would Trump Sue The Fed?"We are spending around 600 billion a month, and the US political class has been unwilling to meaningfully cut spending to address our debt issues. Obviously the hope is that we grow our way out of 37 trillion. By the way, w…

Ongoing tariff fears pushed futures markets above $3,500 and hints at a potential gold breakout. With continued rising inflation, and a high likelihood of a September rate cut, the precious metals market is positioned for strong gains. Let’s take a look at where prices stand as of Wednesday, August 13:The price of gold is down 0.5% at $3,380 since …

A Look At The World Wide Bullion Market Why Gold Tariffs Would Ultimately Be Ineffective How The "Big Boys" Always Win In The End* * *Kevin: Welcome to the McAlvany Weekly Commentary. I’m Kevin Orrick, along with David McAlvany.David: It's interesting, isn't it? Well, this is sort of a special commentary focused exclusively on gold. Tariffs on cert…

While the U.S. demand remains down, global demand for physical gold is surging. Russia and China are challenging the Western pricing dominance as they open their own precious metals exchange to begin swaying control of the metals. Let’s take a look at where precious metals stand as of Wednesday, August 6:The price of gold is up about 2.2% at $3,370…

Inflation (Devaluation) Chosen As Best Political Answer Gold Purchases (Bar & Coin) Up 250% In Germany, 91% In China What Is A "Crack-Up-Boom"?"If you have too little money in credit and growth does not as easily materialize, you risk economic implosion. And that's if there's even a hiccup, a small little disruption within the economy. Too much mon…

All four major precious metals—gold, silver, platinum, and palladium—experienced notable declines this week thanks to robust economic figures and the Fed’s decision to keep rates steady. Let’s take a look at where prices stand as of Wednesday, July 30:The price of gold dropped $107 (3.1%) to $3,275, with an additional $54 (1.6%) lost in a single da…

David: Good afternoon. This is David McAlvany. Thank you for participating in our second quarter 2025 recap conference call titled "Terminal Phase Whipsaw." As always, thank you to our valued account holders. We so greatly value our client relationships. Today, we will review performance. Doug will go through market commentary. We'll end with Q&A. …

Are markets really on fire and how high is too high? This week David and Kevin dig into the dizzying climb in valuations, with the Buffett Ratio screaming to a record‑breaking 210%. We explore what that number really means, why China’s debt machine is running out of steam, and how even a Krispy Kreme meme‑stock craze says something about investor p…

If It's Free To You Online, Realize That "You Are The Product" Banking Crises Are Actually Designed Ahead Of Time Dollar Recycling Being Replaced By Gold"And it just goes to show how vulnerable a lot of this infrastructure is, particularly the internet. When you talk about the internet as we conceive of it, like going to Amazon and buying something…

While the S&P 500 showed little activity this week, precious metals sparked significant excitement among investors. Let’s take a look at where precious metals stand as of Wednesday, July 16:Gold edged up 0.75% to near $3,350 per ounce. The real story, however, was the volatility: we saw $60 swings in gold’s price in a single day.The price of silver…

Former Communist Atheist Explains Why A Market Economy With Churches Works China Is In Need Of Spiritual Reform To Save Economy When A Country Lacks Faith In God, The Nation Becomes Its God"I think there are four flash points of global geopolitical situations, and out of the four I identify three as already being ignited, namely the Ukraine-Russian…

The metals markets have been anything but dull, even if the week’s price action felt subdued. The compressing pennant pattern in gold’s trading often signals an imminent breakout—yet, as history shows, gold can stubbornly trade sideways. For investors, this means patience may be warranted.Let’s take a look at where precious metals stand as of Wedne…

Devaluation? Dollar Loses 10% In Six Months Can Powell Lower Interest Rates Without A Dollar Crash? "90 Deals In 90 Days" - Only 2 So Far"Germans and Italians asking to repatriate their gold holdings from the US. This is not an insignificant sum, $245 billion in bullion they'd like to have onshore. If nothing else—if nothing else—it's a sign, it's …

The past week saw significant volatility across precious metals. Gold experienced a sharp drop to $3,240 before rebounding by $120, ultimately ending the week with only a modest gain. Silver followed a similar trajectory, swinging 4% down and back up about half a percent for the week. The white metals—platinum and palladium—were the real standouts.…

Former State Dept. official Edward Fishman breaks down the rise of economic statecraft How modern warfare is waged by “guerrillas in gray suits” — not soldiers on battlefields Why controlling chokepoints and financial systems may prevent military escalationThis week, we’re joined by Edward Fishman, Author of Chokepoints: American Power in the Age o…

This week saw modest declines in gold and silver. Platinum, however, bucked the trend, rising to its highest level in 11 years. Palladium also managed a 1% gain.Despite these moves, overall volatility was limited. The technical picture shows a sideways-to-slightly-down trend in the short term, but the long-term bull market remains intact. Let’s tak…

Central Banks Now Have More In Gold Than In Euros 95% of Central Bankers See Their Gold Reserves Rising Over Next 12 Months Breakout In Silver & Mining Shares"When I talk about the investor coming into competition for ounces with a price-insensitive buyer, what's underappreciated about gold, truly underappreciated, is the supply inelasticity there.…

Platinum was the big winner of the week, rising up 6% and flirting with a previous high reached in February. And it still has more room to go higher.Gold was flat on the week. But it still continues to shine, as geopolitical and economic uncertainty has more investors seeking safety. Even bond market authorities call gold the new “flight to quality…

Would Regime Change In Iran Effectively Solve The Nuclear Deal? Will The Middle East War Spread? Gold Replacing T-Bills As Flight Captial Preference"We talked about the breakout in silver, and I think silver more than even the gold market is your tell for the Western investor finally saying, maybe we do need some version of a plan B. What is our be…

The white medals lead the markets this week, supported by the tightening supply and industrial demand. Silver surged up to over 5%, smashing through the $35 barrier, while platinum shot up 13%. Palladium showed strong movement as well with a 7.5% gain.As the dollar decline continues, commodities are showing signs of a breakout. Further reinforcing …

Did Anyone In Government Read The Big Beautiful Bill? "Genius Act": A Crypto Version Of Fiat Dollar Tomahawk 6 By Broadcom Threatens NVIDIA Share Value"The gold market has been driven by central bank demand, and one of the reasons why I wanted to highlight some of the moves in silver today and the change in the ratio in silver is because the genera…

Gold’s rally continues, up over 3% from last week, and silver is not to be outdone, rising almost 4%. We are seeing signs in the S&P and Dow of reaching potential tops following May’s gains. Demand for gold remains globally, with soaring debt, government spending, and geopolitical tensions showcasing the safe haven found in gold.Let’s take a look a…

Jamie Dimon Says Bond Market Will Cause Panic In Future Section 899 Of Bill Could Scare Money Out Of Dollar Is Private Equity The New Money Trap"We go back to the 30,000-foot perspective and see that interest rates are the issue for the Treasury Departments in the UK and in the US and in Japan and in many other places. So we have this convergence a…

Gold kicked the week off dropping just below the $3,300 level, while silver dropped down about 2%. Platinum held onto its strong gain following last week staying near $1,060, though palladium took a sharp drop by over 7%. Copper remained flat overall at $4.60 but is up over 10% from 2020’s high.The S&P 500 inched up 1%, reaching the break point see…

Big Beautiful Spending Bill Will Spend More Than Ever 50% Tariffs On EV... Just Joking? US Dollar Down In Gold - 29% In One Year - 48% In Five Years"The bond market is a mess. The US long bond reached levels last week we haven't seen since July of 2007. The Japanese long bond, at 3.19, reached a record high for an instrument that's only existed sin…

Gold bounced back from a short-term decline following April’s highs. Platinum pushed up to its highest level in a year, while palladium gained 9%. With shifts in global monetary sentiment, bitcoin shot up to a new high. Let’s take a look at where prices stand as of Wednesday, May 21:The price of gold is up about 4%, from our recording last week at …

Buffett Eyes Japan As A Stronger Currency Trump Is Isolating Iran From Its Perceived Friends Register For Thursday's Webinar"What we will look for as the final element in the international investor trifecta spurring on increased capital flight is when the US economy slows considerably. So if you then combine a slowing economy on top of a dollar in …

In this week’s Golden Rule Radio, we unpack gold’s recent correction and explain why it might be healthy for the long-term trend. We look at what’s driving the dollar’s bounce, how CPI surprised markets, and why central banks — not retail investors — are still the biggest force behind gold’s rise.Plus: silver’s price action, key technical levels, a…

Chinese Admitted To Bessent, They Knew Biden Was Weak "Strong Dollar" Policy Being Reversed By Trump Administration Dollar Recycling Shifting To Gold Recycling"Gold has been interesting. For the month of April, 70 tons, roughly 7.4 billion in gold, was purchased via ETFs in China. That's double the previous month's record. I think tariff uncertaint…

This week gold rose up slightly, while silver took a small dip. Palladium and platinum are neck and neck. Meanwhile, the dollar index made a slight recovery despite a quiet Fed announcement. Let’s take a look at where prices stand as of Wednesday, May 7:The price of gold is up about 2.5%, sitting at $3,367 as of this recording. Intraweek, gold was …

Gold's Rise Since 2008 Has Been A Policy Choice Of Central Banks David Rosenberg Sees $6k Gold In 3-5 Years Attached Charts: Gold Price VS Central Bank BuyingSince the 2008 financial crisis, central banks have been net buyers of gold at an accelerating pace. As shown in the charts, the correlation between central bank gold accumulation (top) and th…

This week gold and silver took a small decline. Gold is still up 5% over April, holding strong in the long-term trend. Let’s take a look at where prices stand as of Wednesday, April 30:The price of gold is down about 1.2%, sitting at $3,290 as of this recording. But it is up 5% on the month.The price of silver is down about 2.3% over the last week,…

This week, we’re joined by Keith McCullough, founder and CEO of Hedgeye Risk Management. Keith is a former hedge fund manager and a leading voice on building data-driven investment processes that take emotion out of decision making.In this conversation, we discuss: How top hedge fund managers approach risk and opportunity Thinking about money throu…

Gold reached a new all-time high, finally hitting $3,500 as predicted. Silver gained ground, recovering from recent losses, while other metals remained flat. Let’s take a look at where the prices of precious metals stand as of Wednesday, April 23:The price of gold is up around 2% as of this recording. Intraweek, gold rose up 8% to touch $3,500, and…

Outflows Out Of U.S. Assets Going Into Gold Goldman Sachs Increases Gold Price Prediction China Increases Gold Imports On High"So this is why I would say equities are a sideshow, the weakness in equities, the current compression across the indices. Relative to the bond market and currency market, that's what it is. It's a sideshow. The dollar's yea…

Gold sees a massive surge this week, climbing all the way up to $3,343. Silver also saw a 5% rise to $32.70, while platinum and palladium saw some modest gains.Alongside the US dollar’s weakened performance and high global demand for gold, the momentum behind gold continues to grow and the likelihood of higher prices increases. Thanks for listening…

Decades of Inflationism Home to RoostMWM Q1 2025 Tactical Short Conference CallApril 17, 2024David: All right, let's begin. Good afternoon. We are going to start the call today with performance, look at market insights, and then have Q&A as our finale. This is for first quarter 2025, conference call for Tactical Short, “Decades of Inflationism Home…

This Week’s Guest: George FriedmanGeorge Friedman is one of the most respected voices in geopolitical strategy today. As the founder of both Stratfor and Geopolitical Futures, his work has shaped how analysts and leaders understand the long-term forces driving global events. With decades of experience forecasting international conflicts, economic t…

Markets remain in flux this week, with many sudden movements and short-term charts giving little insight. Silver, platinum, palladium, and copper all see steep declines compared to gold’s continued strong performance.This week, we focus on the broader scope this week and investigate more long-term planning for your investment portfolio. Let’s take …

This week’s McAlvany Weekly Commentary covers the shifting global financial landscape through the lens of tariffs, gold’s historic surge, and structural market volatility. David walks through the implications of what may be the end of the Bretton Woods era as we’ve known it, and why investors should be paying close attention to the signals coming f…

This week we review the strong gains seen in precious metals over the first quarter against the struggling equities market. Gold’s increases follow a strong movement from central banks and hedges to repatriate money to cover weak equities markets.Let’s take a look at where prices stand as of our recording on April 2:The price of gold is down 3.5% t…

5 More Stealth Bombers Moved To The Middle East S&P Down 4.6% QTR, Gold Up 19% QTR DOW/Gold Ratio Removes Emotion From Allocation Decisions"Months ago, this is what we were talking about. The leaders out of the 2022 decline, the ones that have recovered fastest, there was a narrative supporting that recovery through '23 and 2024: tech-dominant, AI-…

Precious metals markets remain relatively flat this week, while gold takes a minor step back down following its recent climb. Copper is the star of the show this week, reaching a new all-time high and seeing a 10% increase over the last 10 days. The S&P and USD make a small rebound, following weeks of poor performance. Let’s take a look at where pr…

Bessent: "End Intox With Detox" Anxiety High With Uncertainty Of New Rules Personality Test Identifies Trump With Churchill, LBJ, Castro, & Jack Nicholson"We may or may not be able to grow our way out, but the efforts to shrink the scope of expenditures and drive economic growth via economic expansion instead of government expansion—two very differ…

Gold surged 4% since last week, while silver has risen 1.6%, maintaining a gold-to-silver ratio near 90:1. Platinum and palladium also saw gains, up 1.7% and 1%, respectively. Meanwhile, the stock market remains under pressure, climbing back up in small increments, but all staying below their 200-day moving averages. Let’s take a look at where pric…

US Dollar Down 27.4% VS Gold Over 12 Months Hard Asset Stocks Clearly Outperforming Bond Index How To Multiply Stock Holdings With DOW/Gold Ratio"I think we are entering a new phase in the metals market. Many investors who up to this point have never owned the metals, they're the ones who are looking and saying, "I think we have an allocation gap. …

Precious metals make a strong showing this week with gold back above the $2900 level. The US dollar continues its downwards trend, dropping 3% over the last week. Let’s take a look at where prices stand as of our recording on March 12:The price of gold is up about 0.5% at $2,936. It did have a couple percent movement down and then back up in betwee…

German Borrowing Costs Surge Trump Calls Tariff The Most Beautiful Word China Says: "You Want War?... Fine""We've often noted the migration of crisis from financial and economic to the political and geopolitical realm. We should not forget that the largest buyers of gold today are acquiring it as a strategic allocation, not merely as a trade. In a …

Precious metals experienced some small dips early in the week, but all jumped back up to steady levels, while silver rose over 3% from last week. The volatility continues with the dollar index down significantly.Let’s take a look at where prices stand as of our recording on March 5:The price of gold is flat at $2,915 from Wednesday to Wednesday. Bu…