The most recent U.S. jobs report, which I believes is bound for revision, has me musing on how economic policies are reflected—or distorted—in the precious metals markets.
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.
June 8, 2020
The gold futures contract lost 2.57% on Friday following much better than expected U.S. monthly jobs data release. Global markets went risk-on and gold has sold off as a safe-haven asset. On Monday a week ago the price has reached slightly above $1,760 and Friday’s...
“To propose a return of inflation is to be inflammatory,” writes Lightman Investment Management’s Rob Burnett in an opinion piece for the Financial Times. “Investors are committed to a deflationary thesis — and such is their fervor that many believe inflation...
June 7, 2020
Large precious metals speculators once again reduced their bullish net positions in the Gold futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.
Last week's trading saw gold forming its high in Monday's session, here doing so with the tag of the 1761.00 figure. From there, a sharp decline was seen into late-week, with the metal dropping all the way down to a Friday low of 1671.70 - before bouncing slightly...
Last Monday's mail bag brought with it the following question from an esteemed member of our Investors Roundtable with respect to Gold, especially given the recent leveraged strength amongst leading precious metals equities as we'd portrayed a week ago: "Mark, is...
In this article we will study the streaming company of precious metals as compared to the mining company. These two classes of mining companies have a different approach to the business model. The streaming company can be liken to a bank investing in mining...
June 6, 2020
Gold sector cycle is down, a multi week correction is in progress. We cashed out on half of our core position with a 77% gain, holding remaining for the long term, and will allocate more capital at the next cycle bottom.
Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.
A violent and chaotic week in America’s cities was met with little apparent concern on Wall Street. For the most part, the stock market continued on its merry way higher.
June 5, 2020
The gold miners’ stocks just rolled over into a correction, raising concerns about the staying power of their massive post-panic upleg. These higher prevailing gold prices have driven very-strong fundamentals at the gold miners. But they are entering the...
This article is for investors who already own a gold/silver mining stock and are considering adding more. Or, perhaps a savvy investor who is comfortable with risk tolerance and has a general understanding of the gold/silver mining sector.
There are days and weeks, when one precious metals sector leads the other, or lags behind. In fact, such clues can and do form valuable gold trading tips. What messages have palladium and platinum been sending our way exactly?
As Great Lockdown was positive for the gold prices, the Great Unlock will be bad, right? We invite you to read our today’s article about the Great Unlock and find out whether it really must be negative for the gold prices.
I am going to describe something that, upfront, I know you will likely find far-fetched and will have trouble believing, even after you think it through. Nonetheless, I respectfully request that you persist in trying to grasp what I’m about to describe because if...
June 4, 2020
Gold and Silver moved lower early on June 2nd and 3rd. Our research team believes this is a “Washout Low” price rotation following a technical pattern that will prompt a much higher rally in precious metals. This type of washout price rotation is fairly common...
While the use of gold to protect against inflation is well known, it has other investment attributes that are potentially even more valuable, and this is particularly true in times of crisis.
Could 2020 end, please? The pandemic is not over and the US suffers now from mass riots across the country. They could aggravate the coronavirus crisis and increase the demand for gold.
The velocity of money is like blood pressure. If it is too high or too low, it can be fatal. Too high indicates inflationary pressures are building and/or the presence of speculative bubbles. If too low, deflationary pressures are growing, presaging a dangerous...
We all love to look at stars in our life, whether in films or in sports. This may be an innate sense of hero/heroine worship. In the bible, we learn that the wise men and astrologists from the East looked at the stars in the sky to search for the Savior.
June 3, 2020
The recent “melt-up” in the US stock market after a moderate downside price move in early May 2020 has set up a number of technical patterns that traders need to pay attention to. This melt-up trend may continue for a bit longer, but price levels and actions are...
The precious metals sector was likely to decline, and it did exactly that. And based on what we just saw, it’s likely to decline even more.
With the nation in deep crisis, stocks continued on their heedless path higher. The seemingly demented rally is demonstrating yet again that bull markets at some point decouple so completely from reality as to mock those who thrive by promoting them.
June 2, 2020
They say, step aside so as to see the forest for the trees. And exactly the same thing can be said about higher time frames or historical parallels. With that in mind, how is the 2020 to 2008 analogy in the yellow metal doing?
A year ago, gold stock investors had to choose their stocks carefully. In contrast, now it’s hard to find a gold stock that isn’t roaring higher!
One look at the chart of the U.S. financial markets against the backdrop of economic paralysis and suffering and one is immediately filled with a myriad of emotions. Sympathy for those that have been afflicted by the most recent pandemic; fear for the families whose...
The gold futurs contract lost 0.08% on Monday, as it fluctuated following Friday’s advance of 1.35%. Early last week it has been extending a consolidation after bouncing off $1,700 support level on Wednesday. Gold price is still trading within its medium-term...
June 1, 2020
Protests egged on by the legacy media quickly devolved into large-scale riots and looting over the weekend in more than a dozen U.S. cities. Some important institutions have betrayed the public trust, and Americans facing quarantine and staggering unemployment have...
There is a laser-precision technique that tells us whether the precious metals market is going to move higher or lower, and it could take form of a confirmation or invalidation of a major breakout. We just had the make-or-break situation in gold mining stocks, and...