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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.

 

November 15, 2018

Before we look at tonight’s charts I would like to take a minute to discuss trading the three X leveraged etf’s. Leveraged etf’s aren’t for everyone as they can be very volatile. These instruments are for those that can take a bigger risk and still come out OK when...

November 14, 2018

It may not be enough to reverse the momentum or flip the downtrend, but another Spec short squeeze is coming. Of that, you can be certain.

Back in 2014 oil was falling and hundreds of billions of dollars of energy junk bonds and leveraged loans looked to be at risk. Wolf Street had this to say at the time:

November 13, 2018

So this happened: Republic Metals, a gold refiner, filed bankruptcy on November 2. The company had found a discrepancy in its inventory of around $90 million, while preparing its financial statements.

People say that speech is silver, silence is golden. Well, not always. The recent FOMC monetary policy statement is the best example. Lets’ read out today’s article and find out why.

At the recent London Bullion Market Association annual conference, the consensus opinion on the gold price for 2019 among 682 industry delegates was $1532 per ounce.  The LBMA offers its opinion annually and it usually falls on the conservative side of the ledger....

So far, the “traditional Thanksgiving rally” in the US stock market looks more like a rancid Thanksgiving turkey that belongs in the trash can.

Based the last few days’ headlines you’d never know the world is in year 10 of a pretty good expansion. Check this out:

Investors in Ireland, the UK and internationally can for the first time invest in gold stored in secure, professionally managed, institutional grade vaults in Dublin, Ireland.

November 12, 2018

Gold and silver investors got a rare bit of good news on the enforcement front last week. A trader from JPMorgan Chase pled guilty to rigging the precious metals futures markets. John Edmonds admitted to cheating the bank’s clients and plenty of other people naive...

Silver just moved to its 2018 bottom. Not somewhat above it, not relatively close to it – silver’s Friday’s close of $14.14 equals the previous lowest closing price of 2018 that was formed on September 14th. That’s not yet a breakdown, but the implications are...

We are getting ahead of ourselves here. Gold does not circulate as money – yet. It might never do so. Perhaps the end of government currency, fiat money imposed on us by government laws, may never be replaced by what for millennia has been the people’s money, gold....

Here are two long-term charts illustrating the annual rate at which gold is extracted from the ground. The second of these charts shows why mine production can be ignored when trying to understand what happened to the gold price over the preceding few years or...

China, the world’s largest consumer of gold, continues to see demand rising. In the first three quarters of this year, the use of gold rose by 5.08 percent from a year ago to 849.7 tonnes, according to the China Gold Association. Jewelry sales contributed to nearly ...

While the government agencies and economists continue to publish strong GDP figures, they seem to overlook how much debt it took to produce that growth.  Or should I say, the “supposed growth.”  The days of adding one dollar of debt to get one dollar of GDP growth...

Yesterday an entire California town burned down. Paridise, CA has (had) 27,000 residents and over 1,000 buildings, and now it’s pretty. That fire and several others are still expanding across the state, threatening tens of thousands of homes. The sets of the TV show...

The rally from 2604 is deemed to be a countertrend rally, or a secondary reaction to the primary trend which is now down. As of a week ago Friday, the countertrend had rallied to 2750 and was in the process of pulling back before moving higher. 

November 11, 2018

Pre-Stateside elections a week ago we penned (the "BUT" therein notwithstanding): "...should Congressional power shift left, gold ought shift up and get above The Box (1240-1280). Should Congressional power stay right, gold ought shift down and fumble about in the...

The Dow Jones saw some action this week. Wednesday, the day after the mid-term elections it advanced by 2.13% from its previous day’s closing price, our fourth day of extreme volatility since early October. Everyone was happy about the nice daily gain. But I’m only...

November 10, 2018

Gold sector is on a major sell signal. Major signals can last for months and years and are more suitable for long-term investors. Speculation remains at multi-decade low, but short covering has begun with specs back to net long.

It is difficult to provide an update on something that hasn’t moved in months. Other than a spike higher on October 11, gold has basically done nothing in the past three months. The current range remains 1214-1251.

Here are today's videos and charts:

November 9, 2018

Crude Oil and Industrial Metals continue downward. This is significant per this NFTRH monthly chart showing these items and the broad CRB itself having hit trend lines from the 2008 highs. These pullbacks from long-term trend lines are notable and qualify cyclical...

The recent weakness in Gold and gold mining stocks is not over. In fact, we are worried about another leg down getting underway. If that comes to pass, we are positioned to profit from it. But I digress.

The widely-held mega-cap stocks that dominate the US markets are just wrapping up another blockbuster earnings season. Sales and profits soared largely due to Republicans’ massive corporate tax cuts. Still these lofty stock markets are vulnerable to serious downside...

With Brexit around the corner and stock markets plunging in October – is now the time to invest in gold is asked by This Is Money this week. They kindly mention GoldCore as a leading “online bullion dealer” of physical gold (bars and coins) and informed their...

“We are in a bond market bubble that’s beginning to unwind.” This is the statement of Alan Greenspan. Is he right? We invite you to read our today’s article about the US bond market and find out whether it is in bubble or not – and what does it all mean for the...

Bouncing from Oversold - Following the sharp break lower in October, stock markets are now bouncing from an oversold position. The NYSE Index lost -11% in October, so a relief rally is overdue in the short-term. A lot of damage has been done to the technical picture...

November 8, 2018

We are getting ahead of ourselves here. Gold does not circulate as money – yet. It might never do so. Perhaps the end of government currency, fiat money imposed on us by government laws, may never be replaced by what for millennia has been the people’s money, gold....

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Small amounts of natural gold were found in Spanish caves used by the Paleolithic Man about 40,000 B.C.

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