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Friday Edition: January 17, 2025

COT Gold, Silver & USDX Report - January 17, 2025

By COT Gold Report

Positions as of Tuesday, January 14, 2025

Gold Defied Spent Dollar

By Adam Hamilton, Zeal Research

Gold has mightily defied the US dollar’s massive surge in recent months, mostly drifting flat in a high consolidation. Fundamentally-superior smaller gold miners will soar.

December CPI: The Good, the Bad, and the Expensive

By Mike Maharrey, Money Metals

The bottom line is the inflation dragon isn’t dead. Sure, the Fed might have knocked it to the mat. But it’s not down for the count.

Gold Chartbook – Gathering Strength for the Breakout

By Florian Grummes

Once gold has cleared the resistance zone between USD 2.700 and USD 2,727, the all-time high at USD 2,790 might be tested quickly.

The 5 Most Important Gold Charts in 2025

By Jordan Roy-Byrne, CMT, MFTA

2025 could be more significant because Gold and the precious metals sector is on the cusp of more meaningful breakouts in 2025.

Gold Surprisingly Resilient Despite Surging Dollar and Yields

By Jesse Colombo, Economic Analyst

Gold's impressive strength suggests that the bull market has much further to run, particularly if the dollar and Treasury yields experience a pullback soon.

Federal Budget Deficit up Nearly 40 Percent Through First Quarter of Fiscal 2025

By Mike Maharrey, Money Metals

The budget deficit continues to balloon, with the Q1 2025 budget shortfall running 39.4 percent higher than the same period in fiscal 2024.

As Interest Rates Have Declined, Metals Rallied

By Ira Epstein

When we look at the gold itself, this is a new high for this move but you're into an old resistance area...The pattern is still very clear with higher lows, higher highs.

Thursday Edition: January 16, 2025

Patrick Karim: Gold to $4,000 and Silver to $40. Here's How!

By David Russell, GoldCore

Patrick sees the possibility of gold reaching between $3,400 and $4,000 by the end of 2025, though some consolidation along the way wouldn’t surprise him.

Fed’s Catch-22 and the Case for Precious Metals

By MoneyMetals

Maharrey digs deeper into the complex and paradoxical economic landscape facing the Federal Reserve and how it affects sound money, the precious metals markets, and the broader economy.

Was I Wrong about Inflation and Bonds? Did they Just Start Falling in Sync?

By David Haggith, The Daily Doom

Markets that have felt like they were being throttled by inflation for the last couple of months were ecstatic over any relief they could get, so they took the good and ignored the bad.

Falling Interest Rates and Dollar Behind Metals

By Ira Epstein

When we come to the chart action, we can see that we have higher lows, higher highs; the trend is clearly to the upside.

Wednesday Edition: January 15, 2025

A Cautionary Tale: Britain's Gold Selling Blunder

By Mike Maharrey, Money Metals

Had the Brits held on to their gold and sold it at today’s price of nearly $2,700, it would have generated around $37.6 billion.

Unusual Situation in Gold & Silver Market May Spark Big Price Moves

By MoneyMetals

The ongoing volatility is a reflection of uncertainty in the gold and silver markets globally, including fears of import tariffs from the incoming Trump administration.

A Golden Pocket Rocket Is Launched

By Stewart Thomson, Graceland Updates

Gold is simply recoiling from the supply line of the triangle pattern… and from the previous high resistance at $2720.

China Reports More Gold Buying, but They're Buying More Than They Admit

By Mike Maharrey, Money Metals

The People's Bank of China reported another increase in official gold reserves in December with a nearly 10-tonne purchase.

Fortuna Announces Sale of Non-core San Jose Mine, Mexico

By Fortuna Mining Corp.

CEO Ganoza: "This transaction allows us to focus management’s efforts on higher value opportunities within our portfolio..

Fortitude Gold Reports Fourth Quarter and Full Year 2024 Preliminary Gold Production

By Fortitude Gold

CEO Reid: "2024 was another successful year of low-cost gold production and strong shareholder cash dividends for Fortitude Gold..."

CPI Will Set Tone for US Dollar Trades

By Ira Epstein

The market is getting a bounce and has a pattern that is friendly with higher lows and higher highs on the swing line. 

Tuesday Edition: January 14, 2025

2025 New Year’s Resolutions, Part Two

By Dr. Ron Paul, Ron Paul Institute

Eventually the monetization of federal debt will lead to a major economic crisis caused by, or resulting in, the rejection of the dollar’s world reserve currency status.

The Big Bond Battle

By David Haggith, The Daily Doom

The top economic article is about the battle between stocks and bonds and even between US bonds and the global economy, which is all going to intensify this year.

Sentiment Speaks: Don’t Worry About A Repeat Of A 1929 Depression; It Will Likely Be Much Worse

By Avi Gilburt, Elliott Wave Trader

Whereas the 1929 crash led to one 3-year 89% market crash, I believe we will see many smaller degree crashes during the impending bear market.

Insider Secrets from Precious Metals Expert on Gold, Sound Money, and What’s Coming in 2025

By MoneyMetals

Both Lundin and Maharrey agreed that gold and silver remain indispensable tools for preserving wealth amidst economic turbulence. 

Trump vs. Powell and a Catch-22

By Mike Maharrey, Money Metals

The bottom line is the Federal Reserve is stuck between a rock and a hard place. And there is no easy way out.

Sound Money Would Check Government More Than DOGE Can

By Clint Siegner, Money Metals

If the Trump administration succeeds in reining in government, restoring sound money is the best way to ensure the politicians who come next won’t screw it up.

Kentucky Considers Bill to Entice Gold and Silver Investors to Sue the State for Wrongful Taxation

By Jp Cortez, Sound Money Defense League

After years of effort by Money Metals, the Sound Money Defense League, and allies, Kentucky passed a bill ending the sales tax on precious metal purchases in 2024.

Metals: Was the Break a Relief Break or Something Else?

By Ira Epstein

With a pattern of higher lows and higher highs, it's bullish. I wouldn't mind if the market pulled back into the 100-day average and the 18-day average, between $2667 and $2655.

Monday Edition: January 13, 2025

COT Gold, Silver & USDX Report - January 13, 2025

By COT Gold Report

Positions as of Tuesday, January 7, 2025

Gold SWOT: China’s Central Bank Expanded Its Gold Reserves for a Second Month

By Frank Holmes, U.S. Global Investors

China’s central bank expanded its gold reserves for a second straight month in December, signaling renewed appetite after temporarily pausing purchases last year as prices soared.

Recession Watch: Are Americans Close to Hitting Their Credit Card Limits?

By Mike Maharrey, Money Metals

Consumer debt plunged by $7.5 billion in November, driven by a 12 percent drop in revolving credit – primarily made up of credit card balances.

Gold Stocks: A 1970s Repeat

By Morris Hubbartt, Superforce Signals

We’re in the “blastoff” zone now for a lot of the junior miners…

Backtalk From The Bond Market

By Kelsey Williams

We are hooked on low interest rates and the drug of cheap and easy credit. Maintaining low interest rates furthers that dependency and heightens the risk of overdose.

Who Will Insure Us Against the Next Disaster?

By Rick Ackerman, Rick's Picks

Stocks fell, interest rates and energy prices rose, the dollar strengthened, and gold spiked $60 amid fears of economic turmoil.

Technical Scoop: Volatile Chaos, Underrated Jobs, Wildfire Spark

By David Chapman, Enriched Investing

Despite strong job numbers, rising long-term interest rates, and a rising US$ Index, gold rose this past week.

Rally Continues as London Metal Exchange and US Differ

By Ira Epstein

So now what is the pattern? It's bullish—higher lows, higher highs. The support I'd look for would be roughly $2669, the 18-week average of closes.

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