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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.

 

July 29, 2017

I was looking for some excellent earnings numbers this past week and in the week to come. To be sure they’ve been lacklustre.

Value is subjective, reflective of one’s feelings or opinions.  In the minds of those who value gold, throughout the ages and around the world, this precious metal is deemed to have an intrinsic value superior to most other assets.  The well-used adjective,...

It is my privilege now to welcome in Frank Holmes, CEO and Chief Investment Officer at U.S. Global Investors. Mr. Holmes has received various honors over the years, including being named America's Best Fund Manager for 2016 by the Mining Journal. He is also the co-...

The Chinese Govt is greatly irritated by the requirement to use USDollars in payment for crude oil in the global market. The Beijing officials finally have some leverage in arranging for a major deal to pay for crude oil in RMB currency, their Yuan. The negotiations...

Our proprietary cycle indicator turned up this week. Gold sector is on major buy signal since early 2016.

July 28, 2017

Many commentators are baffled as to why the Fed has suddenly reversed course. Throughout 2017 the Fed has talked repeatedly about raising rates several times as well as shrinking its balance sheet.

Here are today's videos and charts

Ominously for the stock markets, the Federal Reserve is warning that quantitative tightening is coming later this year.  The Fed is on the verge of starting to drain its vast seas of new money conjured out of thin air over the past decade or so.  The looming end of...

After a rally into the trend line as expected, the price structure has now completed a five wave rally in wave 'v' pink. Last night the target for a top was set at 1.1782. The overnight high reached 1.1776 and then sold off in a possible impulsive wave structure.

July 27, 2017

I am cautiously bullish with today’s new high in gold and GDX on day 13. Silver also made a new high on day 12 but is still lagging gold out of the recent low. Note that I have used GLD and SLV in my charts today as the price prints for gold and silver on...

August Gold encouraged with an end-of-day reversal that tripped a ‘counterintuitive’ buy signal at 1249.30 (see inset). We anticipated this during this morning’s tutorial session, which you can access in recorded form if you were registered for the class but unable...

On this day before yet another FOMC propaganda event, how can stock futures not be higher - given that, per the well-documented "pre-FOMC drift" manipulation scheme, for the past decade, stocks have enjoyed their biggest gains the days before and during FOMC...

It has been a contrarian trade that has not yet worked out; by that I mean my short position on the Euro and preparation for a firming US dollar. Yesterday the market cheered the supposedly dovish Fed, and USD got smeared again as the world’s counter party paper...

Gold’s medium- to long-term investment case, I believe, looks even brighter. Many unsettling risks loom on the horizon—not least of which is a record amount of global debt—that could potentially spell trouble for the investor who hasn’t adequately prepared with some...

It was a pretty simple inquiry on my part: Mike Maloney predicts the stock market is facing the mother of all crashes—if he’s right, then how long before the average stock investor would get back to even?

July 26, 2017

Phelps vs shark, Mayweather vs McGregor, greenback vs gold? No contest. Gold wins. Eight years after the global financial crash and despite fears of tightening, stock markets are near historic records. So much liquidity was pumped into the market that investors...

The US Dollar Index (DXY) continued to move lower this week having lost another 1.4% from the previous weeks close. This continued move lower came after the DXY had already lost over 8% from the highs that were struck in January. While the Dollar is still getting...

Because the dollar has such an important bearing on everything, especially the Precious Metals, it is timely for us to take a close look at it here after its recent steep drop, for as some of you may have seen, a number of indicators pertaining to the dollar suggest...

July 25, 2017

Gold, silver and the USD Index didn’t do much in yesterday’s trading, but that was not the case with mining stocks. The divergence between gold stocks and gold was particularly visible and the implications are once again particularly important.

Gold continues to flow from the West to the East at a pretty solid pace. The SPDR fund (GLD-NYSE) holdings have oozed down to just 809 tonnes…and done so while the price of gold has strengthened!

After hitting the 161.8 extension up off of the April 18th lows on July 14th The Dow Jones Industrial Average has moved sideways and has traded in a very tight range of less than 1% since that July 14th top. Furthermore, the pattern both up and down off of that July...

Looking back at gold’s performance since 1979, August and September are big months for the yellow metal. What is the cause? No one really knows but there are some theories that have been thrown around.

July 24, 2017

When I made the charts below over the weekend, I had thought I made a mistake regarding the final top in the SPX being 7/20 and changed it to 7/24 based on the astro/cycle reading. As it turns out, it looks as though 7/20 was that top (irregular) and we are not...

“Would I say there will never, ever be another financial crisis?   You know probably that would be going too far, but I do think we’re much safer, and I hope that it will NOT be in our lifetimes and I DON’T believe it will be.” – Janet Yellen 

Today I want to discuss reports that global debt levels are at all-time highs, and what this means for your investment decisions going forward.

Janet Yellen has confirmed that the US Dollar is going to collapse. I don’t mean a systemic, going to zero, collapse (though one day the $USD, like all fiat currencies will fail). I mean that the $USD is going to drop hard in the coming 18+ months.

Not since launching Portfolio Wealth Global in June of 2016 have I been sincerely bullish on precious metals. Gold is an important commodity. No other metal is suited to be money quite as flawlessly as gold. Many societies have tried and failed to use other systems...

I hate false breakouts. They disgust me, and the entire community despises them! That's why for the entire duration of the past week, we've been checking and confirming this rally from every angle, and I can tell you that the mother of all short squeezes is upon us...

At the end of the week, SPX was ambiguous about its next near-term move. An immediate break-out could take it to the low 1480s, but it’s possible that it will choose to retest 1465 first. The longer-term prospects still point to the ca. 2500 objective before the...

July 23, 2017

“The world in which we live has an increasing number of feedback loops, causing events to be the cause of more events (say, people buy a book because other people bought it), thus generating snowballs and arbitrary and unpredictable planet-wide winner-take-all...

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