This technical analysis video I put together has a lot of great trading opportunities in it while providing a lot of educational content to help you see the markets and trade in a way that will reduce your risk/exposure when needed.
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.
April 16, 2020
One of the many bothering issues about the coronavirus crisis, is whether it will turn out to be inflationary or deflationary. What do both of these scenarios mean for gold ahead?
Today I would like to show you some very long-term charts for the PM complex I used to look at the big picture and big reversal patterns. I like to use the quarterly line chart as it takes out much of the noise a quarterly bar chart can make. A quarterly line chart...
New economic data being released as earnings start to hit may alter how investors perceive the recent price recovery in the US and global markets. Many institutional analysts began suggesting “the bottom is in” and recently began to issue stronger forward guidance...
April 15, 2020
These are dark times for The Bullion Banks. Their Fractional Reserve and Digital Derivative Pricing Scheme is in great peril as refineries, miners, and mints all shut down in response to the coronavirus pandemic. Will these Banks be able to scrounge up enough...
As the global markets enter the Q1 earnings season where a host of new data and expectations will flood the markets over the next 30+ days, skilled traders should put these three symbols on their watch-list over the next few days and weeks.
Gold and gold stocks are among the highest performing assets of 2020 so far as investors seek a haven amid the coronavirus-fueled rout, and as central banks and governments around the world roll out unprecedented monetary and fiscal measures in an effort to mitigate...
So, if you are like most market participants, there are many fallacies which you have likely accepted of late. First, you are likely viewing this “bear market” as having begun 6 weeks ago. Yet, if you actually understood the broader market in a bit more depth and...
April 14, 2020
Back in the Dark Ages, before cellular phones and the Internet, I was studying to complete the Ontario Securities course one afternoon when I came across the part discussing "asset allocation" and "portfolio construction." This section covered the recommended mix of...
Another “Golden Week” Is Underway…And Both The Miners And Bullion Are Off To A Great Start! Gold bullion ETF purchases are soaring. For the SPDR fund (GLD-NYSE), total tonnage has moved above the key 1000 tonnes marker.
The gold futures contract extended its uptrend on Monday, as it gained 0.49%. The market broke above its short-term consolidation and it reached new medium-term highs above $1,700 level. Yesterday it was the highest since November of 2012. Mounting pandemic fears...
Another week passed, and the number of jobless claims increased further. That was clearly not expected by the Fed, as the recent minutes shows. What does it all mean for the gold market?
April 13, 2020
Countries closed borders as the pandemic spread beyond the Chinese, Iranian and South Korean borders. At risk are lives but the economic impact already is large. The world is in lockdown mode. The economic fallout is only beginning with disrupted travel, tourism,...
After collapsing $250 in March, gold prices have recovered, and are extending to fresh highs. However, I remain skeptical of the current advance and believe the upside, currently, is somewhat limited. I explain more in the weekly gold chart below.
Four years after the following lead-in article to my Epocalypse series was written, it is coming true before your eyes. Some of it came true right after it was written. Most is happening now. You can see the events it describes overtaking us in all the ways it laid...
After its initial drop of 1200 points to ~2200, SPX has been making a comeback which is most likely nothing more than a countertrend rally that will have to retest its low successfully to prove otherwise. There should be another hundred points left in the rally...
The CME/LBMA latest paper derivative product – the Accumulated Certificate of Exchange aka “4GC” – is failing. Badly. After its introduction last week there has been zero trade activity in the contract: 4GC Settlement data. The contract fabricates a paper claim...
April 12, 2020
Here is the list of thirty stocks that I would include in my gold and silver miner ETF. Ever since GDXJ removed most of their junior and low cap mid-tier producers, there really isn't a junior or mid-tier gold mining ETF.
The holiday-shortened week saw gold forming its low for the week in Monday's session, here doing so at the 1638.20 figure (June, 2020 contract). From there, a sharp push higher was seen into late-week, with the metal running all the way up to a Friday peak of 1754....
The debt-to-GDP ratio is an important metric economists use for comparing a country’s total debt to its gross domestic product (GDP). The percentage arrived at by dividing the country’s total GDP by its total debt indicates the country’s ability to pay back its...
In concert with Federal Reserve Chairman Jerome Powell's Thursday announcement of a $2.3 trillion monetary injection for the U.S. economy -- on top of the federal government's $2.2 trillion economic aid package and with even more trillions tentatively to be tendered...
Week #7 for the 2020 – 202_ bear market was the abbreviated Passover / Easter trading week, and found the stock market closing -19.74% from its last BEV Zero in the Dow Jones’ BEV chart below. So far the bottom of this bear market was on March 23rd, with the Dow...
April 11, 2020
Gold has been on a tear recently. The precious metal is up nearly $250 over the last three weeks following the unlimited quantitative easing (QE, a.k.a. money creation) plan announced by the Federal Reserve on March 23 in response to the Coronavirus pandemic. Gold...
Wild price action and unprecedented interventions once again characterized this holiday-shortened trading week. Oil prices whipsawed lower Thursday on concerns about expected oil production cuts from Russia and Saudi Arabia. But the general trend for most other...
In August of 2015 I started writing about The Great Recession 2.0 that was coming upon us. I called it “The Epocalypse” to signify an economic apocalypse that would be epic in scale and that would begin a new epoch on earth — a time of treat global financial decline...
April 10, 2020
Gold investment demand is soaring in the wake of the COVID-19 stock panic! Investors are rushing back into gold to diversify after seeing mind-boggling central-bank money printing and government spending. Since that epic monetary inflation won’t be unwound, and...
It’s a good Friday because I get to start my weekend work earlier. Many people temporarily have no weekends because they are huddled at home as one day bleeds into the next amid the global pandemic. Monday is Thursday is Saturday. Good Friday is Halloween is...
Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.
Have you read Ayn Rand’s novel Atlas Shrugged? The main theme of the book is that – overwhelmed by growing statism – entrepreneurs at one point say finally “basta!” and announce a strike. The symbolic Atlas who carries the world, shrugs. As a result, the economy...
Our proprietary cycle indicator is up, rising from the lowest level in years. Gold sector remains on long-term buy at the end of March. GLD is on short-term buy signal. GDX is on short-term buy signal.