The gold futures contact lost 0.04% on Thursday, as it continued to fluctuate after retracing most of Friday’s-Monday’s rally. The daily trading range remained relatively big yesterday, as it reached over 25 dollars. It shows how high short-term volatility is....
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.
February 28, 2020
Sweden has the world’s oldest central bank. The Riksbank has ended its experiment with the negative interest rate policy. That’s a major U-turn. We invite you to read our today’s article, which examines that huge change, and find out what does it mean for the gold...
Back in early 2018, after a dramatic rally in early January 2018, the US stock market collapsed suddenly and violently – falling nearly 12% in a matter of just 9 trading days. Our researchers asked the question, is the current collapse similar to this type of move...
February 27, 2020
Having traded as high as $1691 in COMEX April gold and $18.92 in March silver on Monday on near-record volume and closing not far from those levels as of the 1:30 PM EST settlements, prices sold off sharply in the always thinly-traded afterhours. As expected, the...
As the world is approaching the end of another failed monetary experiment, very few people are aware what lies ahead of them and therefore nobody is mentally or financially prepared for the massive shock that will hit the world.
The Global Financial System is now under severe stress. While there have been many factors leading to up to this point, the situation that is unfolding in China and abroad seems to be speeding up the process. Yesterday, the market got a small WHIFF or WOKE up a...
The gold futures contract lost 0.42% on Wednesday, as it fluctuated after retracing most of Friday’s-Monday’s rally. The daily trading range reached over 30 dollars and it shows how high short-term volatility is. Investors were buying the safe-haven asset amid...
Our research team wanted to share this chart with our friends and followers. This dramatic breakdown in price over the past 4+ days has resulted in a very clear bearish trigger which was confirmed by our Adaptive Fibonacci Price Modeling system. We believe this...
February 26, 2020
The market crash called for on the site on the 15th, right before it started, is now going full bore, and in this update we are going to consider the short-term outlook, especially insofar as it impacts upon our Tech sector puts, and also the grim longer-term...
I don’t know about you, but I never thought I’d see the day when the yield on the 30-year Treasury bond dipped below 2 percent, let alone 1.8 percent. And yet that’s precisely what happened on Tuesday as investors weighed the global impact of the coronavirus virus,...
Much remains concerning the corona-virus, its potential planning, or else its exploited event. The discussion and debate, along with investigations and accusations, will remain for a long time. This is an historical event, like 9/11, certain to change the global...
Back in 2019, we often wrote of how Fed Chairman Powell was being painted into a policy corner by the bond market. We knew this would force fed fund rate cuts, and it did. And now here we are again in 2020.
In his State of the Union victory lap, the president crowed that the “great American comeback” entered this decade with the longest bull-run in American history. Unsaid is that in dancing to all time highs, the bond and stock markets are priced for perfection. In...
February 25, 2020
Sector expert Michael Ballanger charts the latest changes in the markets and prognosticates on when and why silver prices should make a move.
The US stock market is in “sleigh ride” mode against gold stocks. Yesterday was another day of disappointment, fear, and outright terror… for most investors who are locked in the Dow versus GDX sled. The disintegration of the US stock market against GDX began long...
Two economic reports were released which demonstrate that the money printing is not helping the economy. In the fourth quarter of 2019, U.S. household debt pushed over $14 trillion, reaching an all-time record high. This was fueled by a surge in mortgage and credit...
I went out in the afternoon with gold screaming upward on COVID-19 hysteria. I see something like that and I mentally prepare for the “volatility violence” we talked about in last weekend’s edition of NFTRH (#591).
The gold futures contract gained 1.69% on Monday, as it further accelerated its uptrend following breaking above $1,600 mark. The price of gold is the highest since early 2013. Investors keep buying the safe-haven asset amid corona virus outbreak, economic slowdown...
Keeping up appearances is about to get a lot harder for the central planners trying to manage perceptions of the U.S. (and global) economy. The coronavirus is going to have a meaningful impact on global supply chains, even if stock market cheerleaders haven’t fully...
February 24, 2020
And it’s not just gold. The Fed is already hinting that more money printing is coming. Powell suggested at his semi-annual Congressional testimony that QE would be used in the next recession. A couple other Fed officials this week confirmed that the FOMC is...
Gold rally goes on, reaching almost $1,700 per ounce. What the heck is just happening in the precious metals market? Wow, what an escalation! On Thursday, we reported that gold jumped above $1,600. On Friday, its price surpassed $1,640, as the chart below shows. And...
The best performing metal this week was palladium, up 11.52 percent as precious metals had a stellar week. Gold hit a seven-year high this week, holding above $1,600 an ounce to the highest since February 2013 largely on coronavirus fears.
Indian news organizations are going crazy about India’s having discovered a major gold mine in Uttar Pradesh. India has claimed to have found a mine containing 3,500 tonnes of gold. This would be, by a massive margin, the biggest gold mine in the world, in a country...
Billionaire Eric Sprott Recently Shared His Secrets of Success + his 3 Mining Stock Investments Striking the Motherlode amid Coronavirus Scare. Global Economic Slowdown plus Coronavirus Pandemic Creates Rare, Perfect Setting For Gold and Silver to Thrive
The gold futures contract gained 1.75% on Friday, as it accelerated its uptrend following breaking above $1,600 mark. The price of gold is the highest since the early 2013. Investors keep buying the safe-haven asset amid corona virus outbreak, economic slowdown...
Quite a bit of information can be gleaned from the US Treasury Yield Curve charts. There are two very interesting components that we identified from the Yield Curve charts below. First, the bottom in late 2018 was a very important price bottom in the US markets...
The current 65-point pull-back in the SPX is only a blip on the weekly chart. And it will probably stay that way if this correction is only caused by the bottoming action of the 20-wk cycle. But we’ll need to make sure that this is confirmed by future market action...
February 23, 2020
Last week's trading saw its low registered in Monday's session, here doing so with the tag of the 1581.80 figure (April, 2020 contract). From there, a straight shot higher was seen into late-week, with the metal running all the way up to a Friday peak of 1652.10 -...
Indeed there 'tis in the Gold Scoreboard: "Gold Forecast High for 2020: 1675". With actual price having settled out the week yesterday (Friday) at 1646, the high en route was 1652, just 23 li'l ole points away from 1675. And 'tis only February!
If you are wondering why gold is starting to accelerate away to the upside, you need look no farther than the following amazing chart forwarded to me by reader Larry Fike, which Larry has kindly given me permission to reproduce in this update…