Skip to main content
loading
loading

Wednesday Edition: May 6, 2026

Something Funny Happened on the Way to the Bond Market

The anomalous vertical jolts suggested sudden huge moves by a massive whale in US bonds.

Central Banks Added More Gold in March But Big Sales Sent Net Purchases Negative

The surging gold price was likely a factor in slowing central bank gold accumulation. As the World Gold Council put it, the higher price prompted “a more cautious approach.”

A Gold Price Sale: Is It Time To Buy?

A rough 8% price sale is in play. It’s featured gold moving from the $4900 zone to about $4500.

Metals: Iran Redraws Control Boundaries of Strait of Hormuz

Ira Epstein highlights the impact of geopolitical developments on metal prices and stock market trends, with the latter reaching new highs.

Tuesday Edition: May 5, 2026

Weekly Wave: Tornado Warning For Markets (SPX)

While this is not a signal that a bear market has indeed begun, it is a warning that the environment is ripe for one to begin, especially as we complete a 5-wave rally into a high. 

Debt-to-GDP Eclipses 100 Percent (And It's Actually Worse Than That)

If you go to the national debt clock, it shows the debt-to-GDP ratio at 122 percent. It’s been in that range for well over a year.

Government Kills the Spirit

Government ownership of all or part of private businesses is the epitome of economic fascism.

India Continues to Bring Its Gold Home

In spring 2024, India brought home 100 tonnes of gold, repatriating it from vaults in the UK. Over the last six months, the Reserve Bank of India has repatriated another 104 tonnes.

Metals: Cease Fire...Are You Kidding Yourself?

Ira Epstein touches on the potential for inflation to influence the metals market, suggesting that while inflation is not yet present, it is likely to become a significant factor soon.

Monday Edition: May 4, 2026

Black Mammoth Metals Identifies Geophysical Drill Target and Acquires Claims at 305 Property, NV

The Company believes that the continuous sulfide zone may function as a cap layer and as a halo, forming a component of a potential deeper-seated McCoy-Cove carlin-type gold system. 

Gold SWOT: Trident Resources Reported Its Strongest Drill Result To Date at the Contact Lake Gold Project

World Gold Council reported first quarter 2026 demand, with its Gold Demand Trends showing a 42% year-over-year increase in bar and coin demand, led by Asia.

Dominic Frisby on the Enduring Power of Gold

Host Mike Maharrey sat down with British comedian, author, and financial commentator Dominic Frisby to explore the deep historical and modern significance of gold. 

Technical Scoop: Disruption Begins, Faltered Golds, Oil Up

Our expectation continues to be that gold will eventually break to the upside. But it has resistance to get through. First at around $4,700/$4,800 and then again at $5,000/$5,100.

PM Sector Major Alert...

We are going to look at strong evidence that the PM sector bottom is in – we will also see why downside risk here now looks minimal and why the next major upleg looks set to begin soon...

Sunday Edition: May 3, 2026

Mayday on May Day

Gold sits outside the network of liabilities that define modern finance, offering a reserve asset not subject to the same vulnerabilities as currencies or sovereign debt.

Gold’s Year-to-Date Gain Nearly Gone

Gold’s trading range this past week was 224 points, second-narrowest of the last nine...

$350 Billion Isn’t Chump Change

The Fed’s responsibility for price stability seems a laughable presumption. A little bit of inflation can go a long way when applied conscientiously.

Gold Flat While Silver Rallies, And CNBC Tries Another Peace Deal Headline

Interestingly, Metals Focus notes how the silver market does still remain vulnerable to more squeezes.

WWWD?

Warsh's first meeting as Chair will be June 16 – 17. It is widely expected that he will cut interest rates at that point. I think you could easily get more than three dissents on that, as the macro environment is just not conducive to rate cuts, no matter what President Trump says.

Friday Edition: May 1, 2026

Gold Stocks Revaluing Higher

Despite extreme volatility in this past half-year or so, average gold-stock price levels have remained much higher than ever before. These strong technicals are justified by spectacular fundamentals.

Russia Selling Gold to Fill Budget Hole

When the war began, Russia held about half of its reserves in dollar, euro, and pound sterling assets. The other half was in yuan and gold, which remain accessible.

Currencies

Newsletter Signup

GoldSeek Free Newsletters
GoldSeek Daily Edition
Gold & Silver Seeker Report
Gold Seek -- Peter Spina