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 reached a new high at $3,500. T…

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…

European Defense Stocks Soar Since Jan 1 Three U.S. Goals: Minerals, No NATO Ukraine, Europe Pays Fair Share Gold Up 70% More Than DOW In 25 Years"It was as if Trump and Vance were saying, "You want to raise the guarantee issue again? That was a firm no, don't try and play the press on this issue. And you know what? If you can't get down to busines…

Gold was down slightly week over week. Silver dropped 3% over the past week, while platinum was flat and palladium dropped over 7%. Bitcoin took a massive hit following a major hack.Let’s take a look at where prices stand as of our recording on February 26:The price of gold is down 0.6% at $2,918 from a week earlier.The price of silver is down 3% s…

Bill King On Russia, Iran, China, & Bretton Woods III Should Trump Expect The Reagan Double Dip Recession? DOGE Attacks The Grift & Skim Government“The gold is an okay inflation hedge. It's an enormous political hedge, and that's what's going on. China, especially Europe. Europe is in deep, deep trouble. Now the good news is that Trump might force …

Gold and silver rose up this week, while platinum slid off a new high and palladium remained flat. Let’s take a look at where prices stand as of our recording on February 19:The price of gold is up 0.6% at $2,935. However, gold was as high as around $2,947 this past week, so we did see gold put in a new all time high.The price of silver is up 1.4% …

Median Age Of Renter Is Now 42, Up From 33 Trump Will Get A Victory Lap If He Cuts Middle Class Taxes Strong, Long-Term Holding Gold Buyers Dominate Market"I think Trump gets his victory lap if he can aid middle-class taxpayers with cuts, social security becoming tax-free, the extending of cuts already in place. These things would be very helpful t…

Gold and platinum continue to march higher, while silver and palladium buck the overall trend. Let’s take a look at where prices stand as of our recording on February 12:The price of gold is up 1.25% to around $2904 — not a huge change week over week. However, gold did reach a high of $2942 midweek, which marks a new all time high.The price of silv…

Gold Price In Dollars To Rise China Approves Gold Now In Its Insurance Company Portfolios Russian Consumer Demand For Gold Up 60% Since Ukraine Invasion"A weaker dollar is on the agenda, and this is a decided shift to force the dollar lower on a managed basis, ultimately will require a multilateral currency agreement that takes the dollar lower rel…

Gold and precious metals saw more volatility over the last week, but overall strong in the beginning of this new year. Let’s take a look at where prices stand as of our recording on February 5:The price of gold is up 3.6% to $2,862. However, gold did break above $2,900 in the futures market.The price of silver rose up 4.8% to $32.32. This has inche…

Radical Re-think On Dollar Boosts Gold's Future Read Doug Noland's Latest Credit Bubble Bulletin Read Morgan Lewis' Hard Asset Insights"If the US is to be the primary winner in the restructuring of the global system, it will come at the expense of our trade partners. Think about China and over a trillion dollars in Treasuries. Think about Japan. If…

Gold and precious metals were largely flat over the week, as broader markets gyrated on AI news from China and the Fed’s decision to keep rates steady. Let’s take a look at where prices stand as of our recording on January 29:Gold is flat at $2,755 from a week earlier. Gold did touch up into its all-time high territory for a moment, but it didn’t r…

Historic ‘24 Excess Portends Precarious 2025MWM Q4 2024 Tactical Short Conference CallJanuary 30, 2025David: Good afternoon. This is David McAlvany. We'll go ahead and get started. This is our January 30th, 2025 Tactical Short conference call titled Historic 2024 Excess Portends Precarious 2025.Good afternoon. Thank you for participating in our fou…

NVIDIA Loses Over Half Trillion In One Day The World Needs Resources The Fed Can't Print DeepSink Is AI's Sputnik Moment"So earnings growth in the AI space, admittedly meteoric if not miraculous through the early quarters of 2024. Earnings growth slowed considerably in late 2024 and as we come into this year. And if the supply chain for AI is put u…

Gold and precious metals continue their march higher this week, buoyed by continued enthusiasm for the new US president and administration. Let’s take a look at where prices stand as of our recording on January 23:The price of gold is up 2.5%, sitting at around $2,756. That’s only about $35 away from its previous all-time high.The price of silver i…

Executive Orders Signal Immediate Change Mr. Bond Vigilante Still Has The Strongest Say Uncertainty The Best Driver To Gold"So returning to the executive orders, at the end of page 2, I was saying, "Wow." At the end of page 5, each page with at least 10 executive orders on it, it was awe-inspiring, ambitious in scope, sure to offend, and FDR and Re…

The markets are sitting with bated breath ahead of the inauguration of President Trump. However, precious metals continue to show strength. Let’s take a look at where prices stand as of this recording, January 15:The price of gold is up 1.3%, sitting at around $2,695.The price of silver is up 1.8% at $30.66. It is now comfortably above the $30 mark…

AI Tech Bubble Says, "Feed Me"! How Will Trump Respond To Financial Instability? The Fed Can't Get Longer Maturity Interest Rates To Go Down"This is one of the factors which is super bullish for gold. Bond markets are signaling a divergence for monetary policy, and implicitly saying that either fiscal commitments are already too great or inflation …

Precious metals started the year strong, with prices rising higher across the board. Let’s take a look at where prices stand as of January 9:The price of gold is up 1.2% currently sitting at around $2,656. Looking back at 2024, gold ended last year strong — moving up about 27% throughout the year.The price of silver is up 4% to $30.11 so far in 202…

Interest Rates Rise In Worldwide Competition For Liquidity Mag 7 Stocks Represent 70% Of Trading Volume Gold & Dollar Rise In 2024, What Does That Mean?"Yeah. I mean, breadth is the idea of how spread out the participation is in a market move to higher levels. Are all boats rising with the tide or just a few? And when you have narrow breadth, it's …

Morgan Lewis answers your question on Gold Recycling/Dollar Recycling Philip Wortman on Crypto and Gold What indicators does David McAlvany look at consistently?Welcome to the McAlvany Weekly Commentary. Happy New Year! I'm Kevin Orrick, along with David McAlvany.Well, I sure enjoyed the questions last week, Dave, and look forward to what you have …

With this mid-week Christmas break, we won’t be going into the usual analysis as we normally do. Instead, we’re going to dive deeper into the fundamentals and a recap of why gold is a great investment tool.Regardless of what will happen economically or geopolitically, some things don't change and those fundamentals are what really move the gold pri…

Kevin: Welcome to the McAlvany Weekly Commentary. Merry Christmas and happy Hanukkah. I'm Kevin Orrick, along with David McAlvany.Well, David, it's fun recording these programs. I had lunch with your son, who is a freshman in college, and I told him, "I'm thinking back 25 years, 26 years when we had lunch together, and what's happened, and then, be…

Remarks from the Federal Open Market Committee meeting after an expected rate cut rocked the markets, with major indexes falling across the board. Let’s take a look at where prices stand as of December 18:The price of gold dropped to $2,560, or over $100 from a week ago. However, it’s still holding above the November lows and nowhere near longer-te…

S&P 500: More Declines Than Advances Every Day In December China Adds 160,000 oz of Gold Send Questions To [email protected]"We're at this moment where, again, credibility gets thrown out the window for the Fed. And I think that is the final stage of a bull market in metals, where your central bank credibility is lost and investors go scrambling in…

Rapid Middle East Re-Shuffle With Assad's Exit Invisible Hand Of Free Markets VS Tariff Strategy Send Questions For Q&A Program To [email protected]"There's a long period of status quo. It was upturned quickly. In this case, you had the Gaza conflict in Israel's engagement with Hamas and Hezbollah. And then we have the Russian invasion of Ukraine, …

Precious metals slow down their climb, but continue to show strength after the Thanksgiving break in the US. Let’s take a look at where prices stand as of December 4:The price of gold inched up about $12 from the previous week, still hovering around $2650.The price of silver is up 4% or $1.20 from a week earlier, to around $31.50.Platinum up about …

Falling Yields Globally May Be Signaling Concern Rising Stocks & Cryptos Show Bulls All In Send Questions For Our Q&A Programs To: [email protected]"I think there's perhaps too many currents swirling together today, just under the surface, to sort out precisely what's happening in the markets. What is undisputable is that credit markets globally ha…

Top Execs Selling 5x More Stock Than Buying Goldman Sachs Calls For $3,000 Gold In 2025 Will Powell Drop Rates Again?"The Wilshire 5000 to GDP, this is a modified Buffett ratio. It touched 202% last week, which is an all-time high. It's a measure like the Buffett ratio, covers the aggregate of 5,000 companies, telling us something. There's notable …

Precious metals continue to follow the playbook laid out by our analysis of a Republican presidential win. Let’s take a look at where prices stand as of November 20:The price of gold is up about 4.3% or $108 to $2,650 from last week, a really nice bounce up in a week.The price of silver is up 3.9% or around $1.15 at $30.86 from a week earlier.Plati…

Trump Is Not In Yet & He's Already Being Blamed Pre-Election October Deficit Largest Ever Ukraine Strikes Into Russia With U.S. Approval & Hardware"I think without tariffs as negotiated and leveraged on other items we lose the power to encourage energy imports from the US. It's the art of the deal. Economists may worry about the inflationary impact…

This week it’s more than just a weekly recap but also a bit of a look ahead. There’s been a lot of price action in the last week. So let’s take a look at where prices stand as of November 13:The price of gold is down about 3.9% or $85 from last week. It is down $211 or 7.6% from its high on October 30.The price of silver is down 2.7% or around $0.8…

Left Cannot Ignore Electoral & Popular Sweep Head Of $11 Trillion BlackRock Likes Hard Assets When Will Western Investors Move To Gold?"The adjustment is beginning in their investors' minds to a higher-for-longer environment, an adjustment to debt and deficits which are not quickly resolved, not by a person, not by a party, but this is a dedication…

This week, the markets breathed a sigh of relief after a contentious election season. Let’s take a look at where prices stand as of November 6:The price of gold is down about 4.5% or $125 from last week.The price of silver is down a little over 10% or around $3 from a week earlier.Platinum is down about 7% or $74 from top to bottom over the week. I…

Morgan Lewis On Emerging BRICS / Gold Strategy Buffett Sells 2/3 Of His Apple Stock Gold Up 33% YTD Is Only The BeginningDavid: "Friends of mine will point to the legitimacy of one news source or another as if pedigree matters. And ironically, all pedigree gets you today is uniformity, is conformity, is educated imbecility. What matters is integrit…

Late-Cycle Bubble FragilitiesMWM Q3 2024 Tactical Short Conference CallOctober 31, 2024David: Good afternoon, this is David McAlvany. I want to welcome you to our Tactical Short Third Quarter Conference Call. Thank you for participating in this call. As always, we want to give a special thanks to our valued account holders, we greatly value our cli…