According to recently released data by the World Gold Council (WGC), as of September 2021, the total amount of gold held in reserves by central banks globally exceeded 36,000 tons for the first time since 1990. This 31-year record was the result of the world’s...
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.
January 20, 2022
As today’s (Thursday’s) market activity shows, the bubble is still in force as US stock markets/sectors generally remain intact (for the most part, with some notable exceptions outside of the headliners, as certain table legs get kicked out). But gold is in a...
The bi-polar US Dollar, like so many market forces of late, is exhibiting some odd behavior. In recent interviews and reports discussing the year ahead, I specifically cited the movements of the bi-polar US Dollar as one of the most critical market signals to watch...
Gold Newsletter editor Brien Lundin today calls attention to a new report by Myrmikan Capital's Dan Oliver about the gold price that would be necessary for U.S. gold reserves to back the dollar at levels that once were traditional:
Doug Casey explains his latest views on the politicians, the central banks, gold and silver
The Ukraine situation it seems will worsen. The US president is using the usual threat of “trade sanctions or trade alienation” to both China and Russia. Russia wants talks on Ukraine.
January 19, 2022
Back in November, we noticed a surge in COMEX gold "Trade at Settlement" volume. This occurred at a time when total contract open interest and price were also rising, and it all preceded a sharp reversal in price two weeks later. This same scenario may now be...
“Inflation is too high,” admitted Lael Brainard during her nomination hearing in the Senate for the Vice Chair of the Fed. You don’t say, Governor Obvious! Indeed, the latest BLS report on inflation shows that consumer inflation rose 0.5% in December on a monthly...
If a nation of libertarians espousing gold as money can be viewed as the centre of the global politics spectrum, it’s painfully obvious that most of the world’s governments and political parties are far to the left of this mighty marker.
January 18, 2022
Over the past year, the Federal Reserve Note “dollar” has been losing value at an alarming pace as reflected by broad price level increases.
Those that read my analysis regularly know that I do not take general market fundamentals or news into account when I analyze the stock market. The main reason is that I view that which drives fundamentals as being the same as that which drives market price. However...
Being the first weekly missive of 2022, I want to touch upon an Email Alert I sent out to subscribers on New Year’s Day where I discussed the “First Five Days” segment of “The January Barometer”, an indicator developed by the late Yale Hirsch (with whom I had dinner...
January 17, 2022
Rick Rule joins us to describe the conditions that he believes will launch the next phase of the silver & gold bull market. Rick also likes oil and natural gas investments right now.
China has cut their interest rate today. This was on expected lines. I do not see any significant impact on gold and silver and copper.
The intermediate top in the US Dollar looks to have been achieved. The US Dollar market is doing the opposite of what logic dictates. The problem is of course is that the Dollar has been pricing this in for several months.
According to many commentators on the markets, we stand at the cusp of a major change in US and global markets and therefore in the condition of the US and the global economies. A look at the longer term charts of some key US markets opens a window on the...
January 16, 2022
There seems to be an almost fanatical obsession with ‘fortune telling’ when it comes to the financial markets. Gold is no exception.
Last week's action saw gold forming its low in Monday's session, here doing so with the tag of the 1789.30 figure. From there, strength was seen into early-day Friday, with the metal pushing up to a peak of 1829.30 - before backing off the same into the daily/weekly...
Inflation is one of the best determinants of gold price movements, because investors buy precious metals (gold, silver, platinum and palladium) as an inflation hedge when the prices of goods and services are rising faster than interest rates.
The post 23-March-2020 flash crash advance continues. During my Christmas vacation, the Dow Jones made three new BEV Zeros in the chart below, numbers #51, 52 & 53, with #53 on January 4th. But before the Dow Jones did all that, it first deflated below its BEV...
Just in case you've forgotten (or weren't around yet), the mid-1970s were marred by stagflation, the cost of living in rampant rise whilst the economy suffered demise. Specific to the three-year run from 1973 (and its intolerable lines for gasoline) through 1975,...
January 15, 2022
In the first Live from the Vault of 2022, Andrew Maguire shares his gold and silver price projections for the year ahead and explores the bullish momentum triggered by Basel III implementation.
Our proprietary cycle indicator is UP. Gold sector is on long term SELL signal. GLD is on short term buy signal. Long term – on SELL signal. Short term – on mixed signals.
January 14, 2022
Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.
Gold is lagging the raging inflation unleashed by the Fed’s epic money printing. Despite leading inflation benchmarks skyrocketing to multi-decade highs, gold prices have barely budged. Serious inflation initially fuels record-high stock markets, which stunt gold...
“We have totally screwed up inflation and now we are in deep trouble,” admitted Jerome Powell during his appearance before the Senate. OK, he didn’t formulate it exactly that way, but it was the message of his testimony. Powell admitted that the Fed wrongly expected...
Despite Wednesday's rather sensational inflation news, inflation isn't accelerating as much as it is breaking away from the camouflage that long has been thrown over it by the U.S. government and mainstream financial news organizations.
A portion of the commentary below is from the latest issue of the Mining Stock Journal. Recent trading action in gold, silver and the mining stocks lead me to believe that a major move in the precious metals sector may have started. You can learn more about my...
Looks like the manipulation in the Dollar is starting to break. I am not fond of mining stocks just yet, but I am watching the gold price to see if it can break past the manipulation here. First line in the sand is around $1,830-$1,835 with $1,880 and then $1,920...
It can’t happen here! How many times have I heard that one when I start to explain history to people?