Gold Editorials & Commentary

Gold: Ever since finding its way back up and nestling into The Box (1240-1280) these past two weeks, Gold's "rally" (schmoozing it as such) looks to have run out of puff, the tempting safety and serenity of The Box offering a place to pack it in for the wee balance...

Large precious metals speculators raised their bullish net positions higher in the Gold futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

Do you see what I see in the Bear’s Eye View chart below?  The Dow Jones’ last BEV Zero (last all-time high) was on October 3rd; and for the first time since October 3rd the Dow Jones broke down below its BEV -10% line.  It goes without saying, as I’m sure the bulls...

Gold sector is on a major sell signal. Long-term – on major sell signal. Short-term – on buy signals. Gold sector cycle is up. A tradable bottom remains in place.

If we want to know where gold is going we should follow gold. Right? How about following gold stocks? At times, they lead gold. What about the US Dollar? Wrong! In 2019, one market more than any other will impact gold.

Despite all the ominous press being devoted to the soon-to-be-inverted yield curve, it’s not always clear why such a thing matters. In other words, how, exactly does a line on a graph slipping below zero translate into a recession and equities bear market, with all...

We all know that positioning and sentiment are bullish for gold and have been since May. Hence the need to focus on the technical picture. As I reported last week, gold is in a Bear Flag following its drop from 1369 in April to 1167 in October. It touched channel...

We asked our staff and authors for recommendations of books that Gold-Eagle readers may enjoy.  Below you will find a fine assortment of good reads on a variety of topics to fill your leisure time and feed your brain over the holidays. 

The beleaguered gold stocks are recovering from their late-summer capitulation, enjoying a solid young upleg as investors gradually return.  Their buying has pushed the leading gold-stock ETF near a major triple breakout technically.  That event should really boost...

Central banks’ purchases create a floor for gold prices. Myth or fact? We invite you to read our today’s article about the central banks’ demand for gold and find out whether it will save gold. 

Since gold topped out in 2011, the precious metals mining sector has been where investor capital goes to die. Mining stocks have performed miserably over the past seven years, missing out completely on the central bank-created liquidity-fest that has raised nearly...

Gold was lower today in dollars but saw slight gains in pounds and euros. It was supported by increasing concerns about the likelihood of a ‘hard’ Brexit, about global economic growth and uncertainty around the Fed’s interest rate policies in 2019.

For gold bulls, 2018 was disappointing. From 11 December 2017, when gold made a significant bottom against the dollar at $1243, it has ended virtually unchanged today, after being 4.2% up. Gold had to struggle against a rising dollar, whose trade-weighted index rose...

The CPI was unchanged in November, following an increase of 0.3 percent in October. It was the weakest number since March 2018, when monthly inflation fell about 0.1 percent. However, the flat reading was caused by a sharp decline in the price of gasoline – that...

In the past, I have outlined why fundamentals look best at market highs, and worst at market lows. And, just like we normally experience, as we were soaring over 2900, I am sure many of you were convinced that this was one of the best economies we have seen in quite...

Our team of researchers believe the recent upward price move in gold has reached a level where prices will pause and retrace a bit before the next big leg higher begins.

Could there have ever been constructed four finer sentences strung together for the purpose of defining eight items related to money and social standing than the following?

Incredible! The Dow swung nearly 570 points on Tuesday without breaking above or below the previous day’s range.  This is what chartists refer to as an “inside day.” In fact, the blue chip average didn’t traverse even half of Monday’s epic, 1214-point swing. Get...

Previously, I have shown how we could be close to major financial crisis with the monetary system at the center. The following chart that shows the ratio of gold to the monetary base was used:

Each of the past five years, we've predicted a year-end and new-year rally in precious metals. And for each of the past five years, the market has performed as forecast. So, what can be expected as 2018 becomes 2019?

Salvation Army staff in Alaska got a big surprise while counting change from their red kettles last Friday. An anonymous donor dropped a gold bullion coin, worth $1,250, into a Salvation Army kettle at a store in Alaska.

Where Are The Populist Government Leaders Who Are Cutting Their Outrageous Government Debts? The answer, unfortunately, is that they do not exist.

155,000. The November job gains disappointed. But the unemployment rate remained at 3.7 percent. What does it all mean for the gold market?

The Global Financial Crisis, a broader deeper more powerful systemic crisis than the Lehman Event was, has finally arrived in a great redux. It is seen in numerous areas. We have finally arrived at the ten-year anniversary of the Lehman event, a killjob whereby...

Two months ago we warned of October being the month markets have been known to go bump in the night – 1907, 1929, 1987, 1997, 2007, 2008. Sure enough, on October 2 the Dow Jones Industrial closed at 26,828. By the end of the month, it stood at 25,115 – down over...

Jim Cramer of CNBC fame likes stocks. On Tuesday, October 23, before the DOW collapse of 608 on Wednesday, October 24, CNBC reported: “Cramer advises patience, not panic, saying don’t dump stocks in this sell-off.” [Dow 10/23/18 – 25,191. Dow 12/10/18 – 24,423.] “He...

Someone asked recently how many times I had “crossed the pond” to Europe. I really don’t know. Certainly dozens of times. It’s been several times a year for as long as I remember.

This past week was quite interesting, as well as volatile. On Monday, we had a huge gap up right into the initial resistance region we had on our charts in the 2810-15SPX region. In fact, the futures struck a high of 2813ES, and then turned down.

I would like to show you some charts from the PM complex we haven’t looked at in a long time. Some of these charts will look familiar to some of our long term members as they were very helpful in the past to help us figure out what the PM complex was up to.

The Baby Boom generation may be the first generation to leave less to their children than they inherited. Or to leave nothing at all. We hear lots—often from Baby Boomers—about the propensities of their children’s generation. The millennials don’t have good jobs,...