As the national debt soars to yet another new milestone, gold prices are ascending toward a new record of their own.
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.
August 4, 2024
Futures contacts — far and away the most liquid non-physical form of Gold trading purely by price — regularly “roll” from one expiry month to another, (but not consecutively), the current leap per this past Wednesday being from August to now volume-dominant December...
This week the market was down big, with lots of people selling. Of course, with every trade there always is a seller, and a buyer. But this week the buyers were offering less, which the sellers were willing to take.
August 3, 2024
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.
During its July meeting, the Federal Reserve signaled that a rate cut is likely in September. In his post-meeting press conference, Jerome Powell said, "If we were to see inflation moving down ... more or less in line with expectations, growth remains reasonably...
August 2, 2024
The gold miners’ stocks look to be nearing a crucial psychological tipping point. After years of mostly being ignored, this small contrarian sector seems on the verge of roaring back into favor. When gold stocks grow popular and traders increasingly chase them,...
Here are today's videos and charts.
Gold demand was up 4 percent to 1,258 tons in the second quarter, the highest level on record since the World Gold Council started compiling data in 2000.
August 1, 2024
Silver and Gold have been on a wild ride, and it’s not stopping anytime soon. Let’s dive into why these shiny metals are becoming a favorite for investors.
The Federal Reserve’s Federal Open Market Committee (FOMC) announced today that it will maintain the current target policy interest rate (the federal funds rate) of 5.5 percent. The committee has now held the rate at this level since the end of July 2023.
In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey offers an in-depth look at the economy, emphasizing the importance of understanding the underlying factors that drive market trends and economic conditions.
Vince Lanci discusses why Gold could start to pull away, the current drivers in Silver and why Silver’s price action could be a tell for Gold’s upside potential.
July 31, 2024
It’s the Fed’s interest rate day and the Bank of Japan has just hiked its rates. What’s next? The first sentence explains most of what happened to the prices yesterday and today.
Did you know the Fed has already loosened monetary policy? While everybody focuses on the prospect of a Federal Reserve interest rate cut and salivates in the hope of easier money, most people completely ignore the other prong of central bank monetary policy – the...
Imagine you are the foreman of a factory. Inside the factory are two machines. Both machines consume materials, energy, and labor and produce the same product, perhaps cars, or toasters, or pencils.
On July 26, the national debt blew past $35 trillion for the first time. We are now cursed with a debt of $35,001,278,179,208.67. This milestone will likely raise some eyebrows, but nobody will do anything about it.
July 30, 2024
The news for gold is becoming more positive. For example, last week’s import tax cut in India is a new pillar of support for demand and Friday’s PCE report increased the odds of a September rate cut from the Fed.
This article is an analysis of how the Chinese central bank (PBoC) buys gold in London from Western bullion banks. Because the bullion banks take care of the gold transport for the PBoC, the shipments from London to Beijing are disclosed in UK customs data.
The best performing precious metal for the past week was gold, but still down 0.80%. MAG Silver provided its second-quarter attributable silver production of 2.19 million ounces, above CIBC’s expectations of 1.82 million ounces due to a combination of higher total...
So here is the thing. During a bull market or very bullish phase, indicators give the all-clear. Come on in, the water’s fine! Investors are always going to be complacent and market/economic signals at least stable (or quite positive) at market tops. It’s the way...
Americans are questioning all sorts of government functions these days. For example, the majority of people, according to polls, have doubts as to whether U.S. elections are free and fair.
In a recent episode of The Morgan Report, host David Morgan interviewed Stefan Gleason, Chairman of the Sound Money Defense League and President and C
If you listen to politicians and pundits, you might think price inflation isn’t so bad. If you have to buy stuff out there in the in the real world, you know better. Heck, price inflation is so bad, even kids realize something is wrong.
July 29, 2024
Has anybody considered what might happen after a rate cut is announced? If the Fed signals a change in direction regarding interest rate policy, as expected by most observers at this point, does that also signal an end to increasing weakness in the economy? Will a...
As mentioned in my prior articles for Gold-Eagle, the last low of significance for Gold was due to form into the late-May to early-June window. That decline was favored to end up as a countertrend affair, before turning back to higher highs into July or later - then...
In his latest conversation with the David Lin, VON GREYERZ partner, Matthew Piepenburg, addresses US political volatility (post-assassination attempt, pre-Biden drop out) and social unrest, with special attention on their near and longer-term implications for US and...
Silver continues to lead the sector lower with another 4% decline on the week. Gold declined by 1%. The gold and silver stocks are acting reasonably well considering the technical damage in Gold & Silver.
After another severe 2-day selloff in gold and silver the prices have stabilized as of Friday morning. And in today's show, Vince Lanci looks at who's actually been buying, and who's been selling.
July 28, 2024
This week, the Dow Jones closed everyday in scoring position, not one day below its BEV -5% line. So, we continue assuming the advance that began last November (red circle below), has additional all-time highs coming in the weeks and months to come.
On the heels of last week’s piece “Another Gold Pop n’ Flop”, now we’ve “Gold Gets Gut-Punched … Again” But be thee not at ends, dear friends. For as we’ll herein see, Gold’s weekly parabolic trend remains Long, which reinforces our “buy on the dip(s)” notion,...