Want to hear something really scary? Inflation, the scourge of the modern economy, may be running much faster than we’re led to believe. I’ll use consumer spending on Halloween as an example of what I mean.
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 3, 2020
Few if any among us who have lived to maturity did not at some time have to make a choice that affected our lives by sending us down a path much different from the one implied by the other choice. Hopefully, by far the majority among us, can look back on the time...
November 2, 2020
The best performing precious metal for the week was spot gold, but still off 1.22 percent. UBS raised its price forecast for palladium to $2,500 an ounce by the end of December, up from $2,400 an ounce. Analysts at the bank say palladium imports from China have hit...
Governments cannot print endless amounts of money without repercussions or causing inflation. They got away with it during the 2008 crisis because the money stayed in the banks (for the most part). This time, the money is entering the system, and there is a lot more...
It’s evident that stocks have once again invalidated the breakout above their early-2020 high. They have also closed the week below the lowest weekly September close. Back in September, the S&P 500 index reversed on a weekly basis and rallied once again. This is...
So, today is the day! It's Election Day. For quite some time, national polls indicate that Biden has a significant advantage . He is also polling scarcely close ahead of Donald Trump in key battleground states, but, in some states, the lead has recently narrowed. So...
Chris Vermeulen of The Technical Traders joins International Stacker to share his latest short term technical analysis on the charts of silver, gold, and his perspective on the larger precious metals supercycle that will take Gold to $7200 and Silver $100+. While we...
Gold finished intermediate degree wave 5-up of Primary degree wave (1) up of Cycle degree wave III-up in August 2020. Wave fives are the most dramatic waves for precious metals and Mining stocks, and this final wave 5 rally formed a Parabolic rise. The problem for...
SPX is in a corrective pattern which should continue at least into mid-November. There is an outside possibility that it could drop as low as 3050 by then.
November 1, 2020
Last week's trading saw gold forming its high in Tuesday's session, here doing so with the tag of the 1913.80 figure. From there, a sharp decline was seen into later in the week, with the metal dropping all the way down to a Thursday low of 1859.20 - before bouncing...
The notion inherit of our prior two missives remains intact: that a Team Red election victory is "priced into the market". Rather were the tilt be to Team Blue, as we'd penned "...Gold would by now have soared and the stock market by now have been floored..." '...
October 31, 2020
Gold prices continue to correct from the new all-time high set on August 6, 2020. On that date, gold hit $2,074 per ounce – the highest cost to purchase one ounce of gold in the history of mankind. Since that point, gold has corrected some $226 or 10.9% to the...
Long-term – on major buy signal. Short-term – on mixed signals. Gold sector cycle is down. The multi month correction is at or near completion. $$$ We are holding long and short term positions.
October 30, 2020
My research team and I have identified a series of Gaps and Gap Fills that may become very telling for the markets over the next 30 to 60+ days. We have highlighted some Gaps in previous markets over the past 12+ months in some of our other research articles, but...
After a well-deserved correction of nearly 3 months the gold stock sector is still flashing positive signs beneath the surface, as the correction matures. The correction that began in August amid the ‘Buffett Buys a Gold Stock!‘ tout has now ground on for nearly 3...
Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.
Volatility is ramping up ahead of next Tuesday’s all-important election. Equity and precious metals markets got hit earlier this week on lockdown jitters. New virus restrictions in Europe and fears of a devastating second wave in the United States caused investors...
The gold miners’ stocks have mostly been correcting in recent months, after blasting higher with gold last summer. While this necessary and healthy selloff to rebalance sentiment likely isn’t over yet, this sector is entering its strongest seasonal rally of the year...
One of the primary concerns many gold and silver investors hold is whether the government will attempt to confiscate precious metals like back in 1933. Fortunately, silver expert Scott Craig of The Silver Independent joined me on the show to dig into this question,...
Gold and silver futures have been used for decades to control the price of gold and silver. In fact, declassified letters (which can be found in the GATA archive) that bounced between Henry Kissinger and his advisors in the early 1970’s discuss the need for a market...
October 29, 2020
Chris joins Jim Goddard on HoweStreet.com to talk about Gold, Silver, and the technology sector. Precious metals are still technically in a short-term downtrend until the consolidation finishes, but they have great potential for the future. Natural gas is in a...
I previously wrote that practically nothing happened on the gold market , which is bearish since gold should be rallying or trading at higher levels, given the pre-election uncertainty. However, gold didn’t wait for the elections to begin with its decline – it...
Their citizens are voting with their feet and getting out of town. As a point of perspective, that amount of office space already vacant in SF is equal to nine of the tallest buildings in SF being completely empty:
October 28, 2020
There are only a few more days left until the 59th quadrennial presidential election take place, which means that President Trump and his Democratic counter candidate Joe Biden are in their final week of the electoral race. Globally, precious metals investors are...
Tom Petty said it well. The Waiting is the Hardest Part. Precious metals remain in a correction, and we’ve been waiting and waiting for a better entry point.
Maurice Jackson of Proven and Probable speaks with Andy Schectman of Miles Franklin Precious Metals Investments about the new Bretton Woods movement and the possible transition to a digital currency.
October 27, 2020
President Donald Trump and Democratic challenger Joe Biden met for the second and the last debate before the elections. Thankfully, this time things were less chaotic and with far fewer interruptions and insults. Perhaps Trump has acknowledged that his aggressive...
As another tidal wave of Corona smashes America, the nation’s stock market investors beg the government and central bank for more stimulus and QE welfare handouts. “Will markets believe that central banks can simply decouple valuations from fundamentals for another...
The global coronavirus pandemic has accelerated several troubling trends already in force. Among them are exponential debt growth, rising dependency on government, and scaled-up central bank interventions into markets and the economy.
Many people believe that black swan events are unforeseeable. Well, I would agree that the “event” itself may be unforeseeable, but the market declines that accompany them are not unforeseeable.