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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.

 

May 19, 2016

Thanks to High Frequency Trading and the rise of the machines in the electronic markets, gold and the S&P 500 Index are difficult for non-machines to understand and predict on a short term basis.

I expect one of two things to happen next, neither of them particularly bearish. Scenario #1 calls for June Gold to fall just a bit more, to the 1251.00 Hidden Pivot support shown, then rally sharply to a new record high at 1336.30. More likely in my estimation...

Smart investors have noted that the S&P500 just staged a very dangerous looking move. That move was when S&P 500’s 50-week moving average broke below its 100-week moving average. You can see this in the green circle below.

Very few precious metals investors realize how recent trend changes will greatly impact the gold market going forward. The reason many investors fail to grasp the huge change in the gold market is that they look at data or information on an individual basis. To...

Buy gold and silver coins and bars for delivery and storage has advocated a leading Irish financial adviser. Eddie Hobbs has given advice to his clients and says that they should buy silver and gold bullion in order to protect from the coming global financial crisis...

At the start of the year the prevailing mood in the oil market was not just one of gloom and doom but of catastrophe as the oil price sunk below $30, skidding by the middle of February to virtually touch $25, a period during which many prominent analysts and...

May 18, 2016

Strange are the times when a third of all government debt around the world carries a negative yield, and yet such is the case today. From Japan to eurozone countries, investors are faced with the tough decision of accepting subzero yields, doing nothing—or seeking...

Currently, a 'sharp fall' is now anticipated within the equity markets! This decline will be accompanied with 'new volatility'. There is a great deal of 'uncertainty 'within the US markets. Currently, we are viewing a 'textbook' 'Head & Shoulders pattern' in the...

Since the beginning of the year, the greenback has shown it's not almighty after all; and gold - the barbarous relic as some have called it - may be en vogue again? Where are we going from here and what are the implications for investors?

I have some really bad news to tell you. You know those big investment banks … the ones that just can’t wrap their heads around gold? It turns out that they don’t hate it so much anymore. In fact, a few of them even love bullion now.

Wednesday morning – and my head is not only spinning from the swarming, worldwide tsunami of “PM bullish, everything-else-bearish” news; but the most egregious – and ultimately, self-defeating – market manipulation of all time.

A TSI subscriber recently reminded me of an indicator that I regularly cited in ‘the old days’ but haven’t mentioned over the past few years. The indicator is the bond/dollar ratio (the T-Bond price divided by the Dollar Index).

In the aftermath of the global economic crisis of 2008-2009, governments throughout the world have fostered a tenuous recovery predicated on massive increases in money supplies and debasement of currencies.

For weeks, the GDX has been on the edge of a break out, while showing signs of the corrective pullback we would rather see first. But, as I have said many, many times, when the metals finally turn bullish, retracements often are VERY shallow, as they do not let the...

May 17, 2016

The Greek debt crisis has been the topic of many Gold New Monitors. When we wrote about the last bailout of Greece, we expressed concerns that the crisis was not ended, but only hibernated and that we would hear more about Hellas in the not-so-distant future.

In the overnight session gold reached a low of 1270.00 at the time that this Post was being written. On the Intraday Chart, since the high of 1306.00 was made, the wave patterns continues to be made of a series of overlapping waves in both directions. This type of...

Gold continues to garner solid global institutional support…and shows great resiliency on every sell-off against the dollar.

The billionaire investor yesterday disclosed that in the first quarter he bought 1.05 million shares in SPDR Gold Trust, the world’s biggest gold exchanged-traded fund, valued at about $123.5 million. Soros cut his firm’s investments in U.S. stocks by more than a...

In my opinion, gold’s Cycle is setup well for a surprise, i.e. $200 Gold rally. Gold has reached an interesting crossroads and based on the Cycle position, some significant volatility lies ahead. The Gold sector is doing well, and has held up after impressive...

This week will very likely be one we look back on as a big inflection point. We will see that the bears are coming back. It appears the market is forming a head and shoulders topping pattern. There are a couple different ways to trade this pattern depending on the...

Last time I wrote, I pointed to May 19th as being a likely, important bottom in the precious metals complex. It is May 16th in the evening as I write this. If I'm correct, the next three days should prove to be huge down, especially for the miners. Most analysts...

May 16, 2016

I was emailing back and forth with my pal Brien Lundin, editor of Gold Newsletter, this week and as we were basking in the limelight of analytical brilliance, it occurred to me that having a stock that many of us own, Kaminak Gold Corp. (KAM:TSX.V), suddenly the...

A respectable number of Americans hold investments in gold and silver in one form or another. Some hold physical bullion, while others opt for indirect ownership via ETFs or other instruments. A very small minority speculate via the futures markets. But we...

As suggested here recently gold hit its upward sloping “box” pattern resistance level and reacted downward. There is just too many indicators pointing to a continuing for the reaction, possibly even below the “box” support. At this point the odds are for continued...

For many years we have warned of the dangers of derivatives. We were laughed at leading up to the 2008 financial debacle when Lehman broke and nearly took the entire system down. That turned out to be no laughing matter and here we are again at exactly the same...

The Caribbean island of Puerto Rico is in the throes of a debt crisis that recently reached a breaking point when it missed a $422 million bond payment due May 2nd. When asked in a subsequent interview about the likelihood of making future payments on the remaining...

This year’s first quarter is one for the history books. Not only did gold appreciate at its fastest pace in 30 years, but demand for the yellow metal was the strongest it’s ever been on record. Let me repeat that: the strongest it has ever been.

History is testament that an ill-conceived fetus is doomed to a handicapped crippled adulthood. Thusly, many rational pundits perceive the hodge-podge jumbled union of many European nations, known as the Euro Union. But just as oil and water cannot be blended nor...

During the last three weeks gold broke out to the upside and posted a sharp rally until $1,303 missing the January 2015 high only marginally. Since then prices have come back down to $1,257 retracing all of the previous gains. Overall the bulls remain in control and...

The price of gold moved down about sixteen bucks, while that of silver dropped about three dimes. In other words, the dollar gained 0.3 milligrams of gold and 0.04 grams of silver.

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