McAlvany Weekly Commentary

This week on the McAlvany Weekly Commentary, David McAlvany looks at the growing use of the Chinese yuan in world trade and why that trend may be bullish for gold. As more countries look for alternatives to the dollar, gold recycling may begin to matter m

Dave Allman joins the McAlvany Weekly Commentary to discuss the technical analysts who helped shape his market thinking, including Joseph Granville and Robert Prechter, two influential figures in the history of technical analysis. This week’s highlights:

This week, David McAlvany looks at new Fed Chair Kevin Warsh and what his leadership may mean for rates, inflation, the Feds balance sheet, and Americas growing debt problem. He also asks whether a new Fed regime can really Warsh away years of monetar

Hot Money (Fickle Money) Absent From Gold Market Central Banks Providing A Structural Bid In Gold Register For The June 17 Webinar “Under the surface of the markets, there’s a lot happening. If you’re looking at where the Dow, the S&

In this weeks commentary, David McAlvany looks at the massive spending behind AI and asks where the more durable opportunity may actually be. Goldman Sachs is calling it HALO: heavy assets, low obsolescence. Rather than chasing the front end of the AI tr

Gold and silver appear to be reaching a major inflection point as central banks continue their aggressive accumulation of gold. While general investors have been slow to follow, that may be changing as confidence in paper assets begins to weaken. This wee

J.P. Morgan, Goldman Sachs Call For Gold To Be Between $5400-$6300 By Year End Inflation (Not-Transitory) Now Above Target For More Than 5 Years Bank Of America Predicts Silver/Gold Ratio Possibly In The 30s

A New Global Reality Is Appearing In Commodities Putin Feeling The Pressure To End War With Ukraine Government Policy, Not Investor Speculation, Gobbling Up The Gold This week, David McAlvany looks at the forces reshaping commodities, the growing pressure

Iranian Drones Say Nope To UAE De-Dollarization, De-Globalization, & Destabilization Deutsche Bank Analyst Calls For $8,000 Gold “A Treasury refunding announcement is not as dramatic as warships smoking Iranian speedboats, but sometimes the mund

  This week, David McAlvany looks at the extreme valuations driving todays stock market and why history suggests caution when markets get this expensive. The conversation covers the migration from Mag 7 momentum into blue chips, the warning signs th

Private Equity & Private Credit: The Doomed Darlings Of Wall Street Wall Street Losing Appetite For Gold – Smart Investors Buying Watch Dow/Gold Ratio For Best Timing “I am bullish. And as agnostics in the markets, we can be bullish on jus

David looks at why private credit may be setting the stage for the next major financial break. They walk through the growing risks in insurance portfolios, private equity, and commercial banking, and why more of that exposure may be finding its way toward

Iranian Oil Toll System Accelerates Petroyuan We Are Handing Monetary Transition To Chinese On A Silver Platter U.S. Is Having A Hard Time Selling Enough U.S. Treasuries “We’re handing this monetary transition to the Chinese on a silver platte

This week, David looks at how past oil shocks reshaped markets and why those lessons still matter today. They discuss the long tail of energy disruption, what happens when supply shocks work their way through the economy, and why real assets tend to come

This weeks McAlvany Weekly Commentary covers a sharp temporary drop in gold as tightening liquidity pressures force selling across the system. David also looks at the energy shock now hitting Asia and Europe, with prices rising 35% to 140% in key areas.

Lauryn Williams joins David McAlvany to discuss the financial realities behind elite athletic success. A four-time Olympic medalist and Certified Financial Planner, Lauryn shares why many athletes take on debt to compete, how short the earning window can

Every $10 In Oil Price Increase Boosts Inflation 20 Basis Points The War Is Costing $900 Million Per Day Watch Oil Futures To See Expectations Of The Duration Of The Iranian Conflict “The markets are concerned with duration of the engagements, which

Liquidity Flow Means Life Or Death For Equities War In Middle East: Oil Up Now + Long Term Bullish Thesis Unchanged Gold Drop Is A Short Term Rush To Raise Cash “You go back to margin debt being at all time highs, $1.28 trillion. Investors are as bu

The Haven Status Of U.S. Treasuries Is Eroding Olympic Medal Gold & Gold Investment Similarities to 1980 Blue Owl (Canary) Suspends Payments Indefinitely JohnExter’sInvertedLiquidPyramid   “It’s telling us a lot in recent ye

Hedge Funds, Highly Leveraged, Own More Treasuries Than China or Japan AI Narrative Dangerously Fading The Cayman Islands Are Our Number One Creditor! “It just suggests to me that we have troubled waters ahead, and the last up-cycle, the last up-cyc

Google, Amazon, & Tech Spending Way More Than Expected Gold Resilient Through This Volatility Watch The MWM Webinar From Oct 2025 The McAlvany Weekly Commentary February 11, 2026 “Maybe the remainder of 2026 is boring in the physical metals. I t

Gold & Silver Bull Market Intact After Violent Volatility 6 Years Of Silver Deficit Point To Higher Price Central Banks Are Net Buyers Of Gold “The experience of this last week, people think volatility is their enemy. It’s not. Volatility

Silver 56% Up, Gold 18% Month To Date When To Start Swapping Silver To Gold A “Run” On Japanese Bonds Is Cascading To The Rest Of The World “You can see the importance of defense. And when we look at the perspective triangle, we categori

If You Own Metals Without Leverage, You Don’t Care If The Paper Rules Change Bill King Advice: Stay Liquid & Hedge Liquidity With Gold Money Coming In Is Overwhelming The “Silver Rig”

Gold & Silver Set Up Could Lead To Much Higher Prices From Here Is Trump Overplaying His Hand With Powell? Will Loss Of “FED Independence” Scare Off The Foreign Investors? The McAlvany Weekly Commentary January 14, 2026 “We’re

Venezuela Has the Largest Proven Oil Reserve In The World A Major Blow To China’s Influence In The Caribbean Gold In 2026: A Bullish Forward Look “Yeah, I think the extraction capturing or extricating Maduro communicates to a broader audience

Silver to Gold Ratio Trade: How & When? Silver Is Designated “Strategic” Will Premiums Return To Pre-1933 Graded Coins? “I wouldn’t count on better entry points for bullion or for the miners till the end of the cycle. You&#8217

Silver to Gold Ratio Trade: How & When? Silver Is Designated “Strategic” Will Premiums Return To Pre-1933 Graded Coins? “The question on global monetary reset. I think we’re in the middle of a global monetary reset. The move aw

Concerned FED Is Back To Quantitative Easing Buffett Ratio Blowing out All Past Peaks Send Questions To [email protected] “We have it on good authoritythis is directly from the president of the Federal Reservethis is not QE. This is not even monet

Evidence Shows Silver’s Move To Be Just Beginning China Doesn’t Need U.S. – Who Will Loan The U.S. Money? Send Your Q&A Questions To [email protected] “If you’ve got a trillion-dollar year-to-date trade surplus, the large

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This week on the McAlvany Weekly Commentary, David McAlvany interviews technical analyst Michael Oliver, founder of Momentum Structural Analysis (MSA), about what he describes as the most important chart in global markets today: the long-term gold vs. S&#

Bitcoin Behaving As A Stock Market Mirror & Not A Hedge Are Annuities Becoming The Bag Holders? Watch The Webinar – The Next Regime Playbook “Silver is a different animal. No central bank buying eats it up. Investor demand in competition w

AI Providers Begging For Money & Energy Wall Street Chief Strategists Recommending Gold In Place of Bonds Register For Our Webinar – Click Here “The revolution in AI is unlimited by the imagination, but very limited in the physical world.

Cayman Island Hedge Funds Hold Most Of U.S. Treasuries Precious Metals Move Another Late Cycle Signal Risk Taking Can Turn To Panic Within Hours “What makes me worried today is I don’t know where the next bubble is because when this bubble bur

First Brands & Tricolor Failures Signal Future Disaster Financing Government Debt Now More Important Than Price Stability Register For The Next Regime Playbook Webinar “Certainly, we are dealing with what economists describe as a K-shaped econom

Gold & Silver’s Gains Correcting Down This Week Long Term Monetary Regime Change Points To Much Higher Gold The Case for a New Price Reality – Latest Hard Asset Insights “The nature of gold being the anti-fragile asset for every inve

Silver Demand In Form Of ETFs Spikes Causing Market Mayhem Golden Opportunity To Accumulate 90% Silver Coins Silver Lease Rate Soars To 200% “Just count the stuff that’s coming from the US. 180 tons of silver suggests that this is now more nor

A Currency On Its Way To Zero Reprices Assets To Infinity Citadel’s Ken Griffin: Investors View Gold Safer Than The Dollar Debt Trap: The Only Way Out Is To Inflate “Only once in world history have we had a unified fiat system in which investo

They Will Run It Hot Until It Blows Up Welcome Back To The 1970s: Inflation + Gold Explosion The Chinese Are Buying Gold Like Crazy “So, yeah. Biden did that enormous package and you got inflation. And Trump, doing pretty much the same thing. Then w

Charlie Kirk’s Death Likely The Foundation Of A First Turning Gold Is Being Re-monetized Worldwide Foreign Investors: “Buy U.S. But Hedge The Dollar” “We go back in time to gold priced in yen, and it was not that many years ago tha

Silver Mining Stocks, Gold ETF’s Now Confirming Higher Gold Prices MAG 7 Mania Consumes 31% Of Total U.S. Stock Market Verbal Debate Shouldn’t End With A Bullet David: “Margin debt rose 3.6% in August to a new record high of 1.06 trillio

Dow/Gold Ratio Is The Key Gold Reduces Investment Complexity Unemployment Shock Puts Fed In A Corner “Your most reliable hedge is something that doesn’t do a lot of different things. It’s not like a Swiss Army knifedoes a little bit of

Gold & Silver Break Above Historic Numbers Lisa Cook & World Perception Of Fed Independence All Eyes On September 17th “You meet the expectations with a 25 basis point cut. You beat the expectations with a 50 basis point cut. You completely

Silver breaks $34, $36, $38soon $40 More U.S. Equities owned by foreigners than U.S. Bonds Historic first time If FED has to turn to Yield Curve Control, Gold will have no ceiling “When you’re thinking about the big picture and how all thes

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

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. Im Kevin Orrick, along with David McAlvany. Davi

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 ri

Are markets really on fire andhow high is too high?This week David and Kevin dig into the dizzying climb in valuations, with the Buffett Ratio screaming to a recordbreaking 210%. We explore what that number really means, why Chinas debt machine is run

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, par