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Precious Metals Analysis

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The Quiet Push to Reshape Your Retirement Savings

The Quiet Push to Reshape Your Retirement Savings

For most of the 20th century, retirement in America followed a simple model. You worked for decades, usually for the same employer. Not least because most employers offered a pension. And when you chose to retire, a monthly check arrived like clockwork. The specific amount was based on your pay and years of service…

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Gold: The Bull Market Is Just Starting

Gold: The Bull Market Is Just Starting

The headlines over the past few days couldn’t decide if tariffs or Iran strikes were what pushed gold back above $5,200. (They ultimately settled on the latter, not without reason.) We’ve been hearing about tariffs since before President Trump’s second term, so I believe their connection to gold’s price action is weaker than ever.

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How Has War Impacted Gold in the Modern Era?

How Has War Impacted Gold in the Modern Era?

With the United States now in a shooting war with Iran, how might a protracted conflict impact gold prices? The historical pattern since the 1980s suggests that, beyond an initial safe haven bump, a war alone doesn’t seem to significantly impact the trajectory of gold prices. As wars drag on, other factors tend to drive the market…

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Gold, Iran, and the “Yeah… No” Moment in Mining Stocks

Gold, Iran, and the “Yeah… No” Moment in Mining Stocks

How can safe-haven demand accompany declines in gold stocks? The U.S. and Israel launched coordinated military strikes on Iran over the weekend, in what the Pentagon dubbed “Operation Epic Fury.” Ayatollah Ali Khamenei was killed in the initial wave. Iran retaliated with missiles and drones across the Gulf, hitting targets in the UAE…

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Operation Epic Fury Sends Gold, Oil Sharply Higher

Operation Epic Fury Sends Gold, Oil Sharply Higher

The strikes, a culmination of weeks of escalating tensions, prompted an immediate Iranian response, with Tehran targeting Israel, Saudi Arabia, the UAE, and a host of other Middle Eastern nations. With neither side showing signs of backing down, the situation in the Middle East looks set to deteriorate further before any resolution emerges.

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Sprott: Gold in Spotlight as Deglobalization Trend Accelerates

Sprott: Gold in Spotlight as Deglobalization Trend Accelerates

Gold is going to become increasingly important as the deglobalization and de-dollarization trend that took off last year continues to gain steam, according to a recent report published by Sprott. So what do we mean by “deglobalization?”

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The Inflation You Feel – But CPI Practically Ignores

The Inflation You Feel - But CPI Practically Ignores

How do you know that you’ll actually have enough funds in your golden years to pay for even the most basic of necessities, much less pay for a comfortable retirement with those little perks that make life sweet (like being able to get that slice of cheesecake after dinner instead of pinching pennies and wishing)?

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A Story About Digging Money Out of the Ground

A Story About Digging Money Out of the Ground

They say money doesn’t grow on trees. I guess that’s true, but you can dig money out of the ground. And a lot of people are trying to do that right now, with gold prices hovering around $5,000 an ounce. USA Today ran a story about the renewed interest in gold prospecting. The article featured Kevin Singel, a “longtime prospector and guidebook author.”

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Could AI Bubble Pop and Cause a Credit Crisis?

Could AI Bubble Pop and Cause a Credit Crisis?

Global debt is at record high levels. This is a stick of dynamite just waiting for something to light the fuse. UBS warns that the match could be the AI bubble. The Swiss bank recently published its worst-case scenario for defaults in the private credit sector, estimating that default rates could surge to 15 percent if AI triggers aggressive disruption

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Silver is NOT Soaring Today – This is Telling

Silver is NOT Soaring Today – This is Telling

Silver price was down over 6% earlier today, and it moved slightly higher since that time. But that’s not really important. The important thing is that it’s not soaring right now – and it should be soaring if tomorrow’s delivery notice was to break COMEX. That’s what’s usually taking place before key events…

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$10,000 Gold? Now Even the Bears Are Talking Big

$10,000 Gold? Now Even the Bears Are Talking Big

Five or six years ago, that number was mostly confined to the fringes. Mentions were usually tied to apocalyptic predictions about total dollar collapse. Today, the conversation is much more clinical. The very same price forecasts that would’ve been laughed at just a few years ago are everywhere today.

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JPMorgan CEO: This Looks Like the Run-Up to 2008

JPMorgan CEO: This Looks Like the Run-Up to 2008

The current economic environment has a lot of eerie parallels to 2007 – extremely high asset valuations, the economy is loaded up with debt, and monetary policy has easy money blowing up these bubbles. And characters like Larry Kudlow are talking up the economy just like in 2007.

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Negative Sentiment in Silver is Wholly Displaced

Negative Sentiment in Silver is Wholly Displaced

What we are witnessing is not a short-term anomaly, but a broad asset-class rotation away from highly financialised paper markets and toward tangible, real-world assets, led squarely by precious metals, which is in effect a full cycle period leading into early next decade.

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JPMorgan Raises Gold Forecast: $6,300 to $8,000!

JPMorgan Raises Gold Forecast: $6,300 to $8,000!

Another big bank has raised its gold forecast. This time, it’s JPMorgan expressing more bullish sentiment despite the recent correction. The big bank raised its 2026 gold forecast from $5,055 per ounce to $6,300 noting that the 11 percent correction late last month ranks alongside some of the largest down days in gold’s history

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Basel 3: When the Rules Quietly Change

Basel 3: When the Rules Quietly Change

Imagine watching a championship game where, halfway through, the referees adjust the rulebook. The scoreboard doesn’t change immediately. The crowd may not even notice. But every coach on the field suddenly recalculates their strategy. That’s essentially what happened in global banking after the 2008 financial crisis.

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Gold Under Pressure From Fed Rift, US-Iran Tensions Increase

Gold Under Pressure From Fed Rift, US-Iran Tensions Increase

The Federal Reserve’s January 27-28 meeting minutes reveal a central bank divided on its next move. While members vote near-unanimously to hold the interest rate target range at 3.50%-3.75%, the consensus quickly breaks down when discussion turns to future direction.

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Gold & Silver: Just a Little Decline in Stocks Was Needed

Gold & Silver: Just a Little Decline in Stocks Was Needed

Yes, the move higher in the USD Index helped as well, but the fact that silver and miners declined much more than gold perfectly fits the narrative that I described yesterday – namely, that stocks’ decline is likely to impact those two markets more than gold.

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Physical Silver Demand Is Challenging Paper-Driven Futures Market

Physical Silver Demand Is Challenging Paper-Driven Futures Market

Paper silver has driven the market for years, but with metal in short supply, physical demand is beginning to exert control. After briefly skyrocketing to $120 an ounce, the silver price has corrected, retreating to the $75 range. However, one of the fundamentals driving silver to that record high remains in place.

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Hidden Story Behind Gold’s Sudden Spike (It’s Not China)

Hidden Story Behind Gold's Sudden Spike (It's Not China)

Gold surged sharply before pulling back last week, triggering headlines about “crashes” and “billions wiped out.” Treasury Secretary Scott Bessent suggested Chinese speculators played a role in this all-but-unprecedented gold price volatility. He’s not alone. Bloomberg made similar claims a couple of weeks back.

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Silver Expected to Run Sixth Straight Deficit This Year

Silver Expected to Run Sixth Straight Deficit This Year

Based on preliminary data compiled by the Silver Institute, silver demand outstripped supply by about 95 million ounces last year, leading to the fifth straight market deficit. Including the projected 2025 shortfall, the 5-year market deficit will climb above 800 million ounces, an entire year of mining output.

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Is Silver Being Suppressed? And What’s With Gold?

Is Silver Being Suppressed? And What's With Gold?

Gold’s rebound has revived $6,000 forecasts, but silver remains oddly stuck. Meanwhile, global financial heavyweights are urging Indian savers to part with their gold. This week’s headlines reveal who still trusts real money, and who doesn’t…

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Canadian Bank Ups 2026 Gold Forecast to $6,000

Canadian Bank Ups 2026 Gold Forecast to $6,000

Despite the recent selloff, Canadian Imperial Bank of Commerce (CIBC) remains bullish, forecasting $6,000 gold and $100 silver in 2026. The Canadian bank significantly upped its gold price forecast from $4,500 in October. CIBC analysts extended their bullish forecast into 2027, projecting an average price of $6,500 next year.

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Americans Borrowed A Lot to Pay for Christmas 2025

Americans Borrowed A Lot to Pay for Christmas 2025

The Debt Black Hole grew as U.S. consumer debt unexpectedly surged in December. Americans apparently put a Christmas spending spree on Visa and Mastercard. Consumer debt climbed by $24 billion, a 5.7 percent increase – and Americans are now buried under $5.11 trillion in consumer debt.

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The Hidden Cost of Government Spending

The Hidden Cost of Government Spending

(Clue: It Isn’t What You Think…) Government overspending has an unintended consequence that rarely gets mentioned: It quietly strips away our options. As debt grows, interest costs crowd out options – leaving fewer ways to meet obligations. This is what happens next…

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Gold ETF Momentum Continues With Record-Setting January

Gold ETF Momentum Continues With Record-Setting January

After rising to an all-time high of 4,025 tonnes in 2025, ETF gold holdings continued to climb in January, growing by another 120.1 tonnes. The flow of new metal, coupled with a 14 percent price increase, pushed assets under management (AUM) by gold funds up 20 percent month-on-month to a record $669 billion.

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Mainstream Bullish on Gold and Silver Despite Sell-Off

Mainstream Bullish on Gold and Silver Despite Sell-Off

Are you worried that the big sell-off in gold and silver is the end of the bull market? I’m not, for reasons I have already articulated. And many mainstream analysts don’t seem to be concerned either. Reuters recently published an article headlined, “Gold’s bull run seen intact despite steep pullback.”

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Investors in the East Line Up to Buy Gold on the Dip

Investors in the East Line Up to Buy Gold on the Dip

When the price of gold plunged on Friday, Chinese investors lined up at the only Singapore bank selling gold products to retail customers to take advantage of the dip. The underscores a fundamental dynamic in this gold bull market – regular people want the yellow metal, no matter what the big bankers are doing.

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Gold & Silver Slump After Parabolic Rallies, Traders Wary

Gold & Silver Slump After Parabolic Rallies, Traders Wary

Gold and silver slumped again today following Friday’s historic sell-off, as sellers continue to pummel the beleaguered metals complex. Gold and silver have both wiped out this year’s parabolic rally despite the fundamentally positive backdrop remaining unchanged.

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