Gold falls back into the $2300-$2400 consolidation range as Silver drops 6% on the week, threatening support at $29. The miners took a hit but weakness bought to close the week.
Gold Editorials & Commentary
Gold-Eagle gold and precious metal news, market analysis and editorials from world renowned gold analysts and market experts. Stay informed with the latest news and analyses on gold prices and perspectives on the economy to guide your investing decisions.
July 22, 2024
Gold and silver prices continued their sharp selloff on Friday morning, which follows a selloff in the stock markets this week.
This week Rafi Farber goes into the signs of increasing stress in the financial plumbing and growing signs of an incoming liquidity event.
Gary Wagner, Editor of The Gold Forecast.com, discusses the drivers of gold's latest run to new all-time highs, and where the price may go by year-end.
July 21, 2024
Upon Gold’s record run this past Tuesday into Wednesday’s fresh All-Time High of 2488, we gave pensive consideration to entitling this week’s piece as “The Joy of Being Wrong”. After all, given Gold’s recent weekly technicals having been imbued with a rather...
As Republicans gathered to nominate Donald Trump for President of the United States, they witnessed another historic event. Gold hit a new all-time high above $2,500 an ounce.
How did the Dow Jones do this week? Just looking at its BEV chart below, it closed 2.21% below its last all-time high. But this week the Dow Jones made three new all-time highs (BEV Zeros), #27-29 since it began its current advance last November, pushing the Dow...
July 20, 2024
Every now and then, something unlikely happens – but not right now. I wrote that given gold’s high-volume shooting star reversal, it was likely to invalidate its recent breakout any day (or hour) now. Quoting my previous comments:
Gold sector cycle is up. Trend is up for gold and gold stocks, down for the USD. We are now neutral and will wait for the cycle to turn down to take short positions.
Jerome Powell says “rates will be higher”. I believe him. I don’t think most others do. Investors, especially, need to pay attention.
In a recent episode of the Money Metals podcast, host Mike Maharrey interviewed Ed Steer, a seasoned analyst with nearly 30 years of experience in the gold and silver markets.
July 19, 2024
The gold miners’ stocks have blasted higher to a powerful upside breakout this month. Amplifying gold’s underlying surge, they’ve achieved major new bull-market highs. Yet despite that big rallying, gold stocks remain undervalued relative to the metal they mine...
Here are today's videos and charts. The videos are viewable on mobile phones as well as computers. Double-click to enlarge the charts.
At least he accepted bribes that would retain their value. On July 16, a jury convicted Senator Bob Menendez (D-N.J.) on 16 counts, including wire fraud, bribery, and extortion. According to the indictment, the senator and his wife took bribes, including 13 gold...
We are joined by Tavi Costa, who is a macro strategist at Crescat Capital! We speak about the economic turmoil in the economy, the gold and silver markets, and more!
In the first half of 2024 we've seen India repatriate 100 tons of gold from London, while also adding to their gold reserves at the fastest pace in the last 2 years.
July 18, 2024
Gold stocks are entering a sweet spot. In recent months, we have written about how gold stocks outperform Gold after breakouts in the Gold price. This has transpired since March.
Gold is jumping again after a crazy weekend that saw Donald Trump miraculously surviving an assassination attempt. But anyone thinking that’s why gold is moving higher is missing the big picture.
As Javier Milei rose to power in December of last year, Argentina suffered from an annual inflation rate of over 211 percent, only behind Venezuela and Lebanon. Having risen consistently for over two decades, a combination of perpetually unbalanced budgets and...
EB Tucker joins us to discuss how he is approaching the markets right now. Silver, Gold, the economy and much more.
After a breather following the torrid gold and silver rally earlier this year, the metals are rallying again, and gold has set another new all-time high.
July 17, 2024
The Gold/Copper ratio sets a metal with a primary utility of providing long-term monetary value and stability against a metal that is reflective of industrial/cyclical progress.
According to a recent note by ANZ Bank, Indian gold demand could help extend the current gold rally and push the price of gold to $2,500 and beyond. India ranks as the world’s number-two gold market behind China.
Gold breaks out from its bullish flag pattern but there is another signal that is approaching code red.
In a year that began with expectations of rate cuts that haven't yet come, it's increasingly appearing that the wait may be coming to an end.
July 16, 2024
The attempted murder of Trump has been followed with significant attempts to unite US politicians and citizens. Sadly, most of this unification involves continued worship of barbaric relics like fiat and debt.
In this compelling conversation with Tom Bodrovics of Palisades Gold, VON GREYERZ partner, Matthew Piepenburg, bluntly dissects the empirical realities from the main stream fantasies regarding the risk-asset and economic narratives making the current headlines.
The best performing precious metal for the week was gold, up 0.78% after lagging the other precious metals last week. Uganda announced plans to start domestic gold purchases to build foreign exchange reserves.
Canada’s growing gold exports to China provide more evidence of the shift of gold from the West to the East.
Everyone has been talking, of course, about the attempted assassination of Donald Trump all day, and I don’t think I can add anything to all of that; so, I’ve just run a lot of stories available to everyone today to recap the event and tried to select stories that...