McAlvany Weekly Commentary

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 missing upside. That’s what they’re thinking. Cash is trash. We’re missing upside. And yet missing upside— There’s […]

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 what the US can coordinate across land, sea, air, and space. And like it, hate […]

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

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’ve got the major trends and then the minor pullbacks around the major trends. Bullion has broken […]

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 away from invoice settlement in dollars and reserving by central banks in gold ounces rather than Treasuries […]

Concerned FED Is Back To Quantitative Easing Buffett Ratio Blowing out All Past Peaks Send Questions To info@mcalvany.com “We have it on good authority—this is directly from the president of the Federal Reserve—this is not QE. This is not even monetary policy. I don’t know what it is if he’s doing it and it’s not […]

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 info@mcalvany.com “If you’ve got a trillion-dollar year-to-date trade surplus, the largest on record for the Chinese, and we haven’t even finished out the year, we have another month and we’re already […]

The discussion dives deep into the extreme S&P valuations and market risks tied to low dividend yields. A fascinating analysis reveals how speculative manias in AI stocks and Bitcoin mirror the S&P's trends. The guests explore the potential peak in the Dow using Fibonacci projections and discuss the long-term outperformance of gold versus equities. They also highlight the implications of a declining dollar, the risks associated with AI investments, and the importance of prioritizing safety in current portfolios.

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&P 500 spread. According to Oliver, this relationship has now broken decisively, signaling a major structural shift that […]

This discussion delves into the intriguing relationship between Bitcoin and the stock market, revealing its correlation as a risk asset rather than a hedge. The hosts explore troubling parallels between current private credit risks and pre-2008 leverage. They highlight gold's enduring appeal amidst uncertainty and China's covert gold acquisitions. Additionally, they argue for hard assets like copper and emphasize the value of silver, forecasting significant price increases. Practical investment strategies and the implications of limited energy supply also feature prominently.