The financial world focuses far too much on stocks. The stock market, despite being at record highs (meaning record market capitalizations) remains one of the smallest, and least sophisticated markets on the planet.
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.
December 8, 2014
The SGT Report interviewed GoldCore’s Head of Research Mark O’Byrne over the weekend. The video was released yesterday evening and has already had over 5,300 views.
Gold is hated more than ever by both governments and the financial services community. This is because it has now become imperative to keep the illusion of confidence in sovereign debt and paper currencies. To that end, a gentleman by the name of Willem Buiter,...
December 7, 2014
The last Hindenburg Omen was followed by a 1,162 drop in the Dow Industrials in only 27 days! So what is a Hindenburg Omen? It is the alignment of several technical factors that measure the underlying condition of the stock market — specifically the NYSE — such...
We can believe Willem Buiter, Citigroup’s chief economist when he writes negatively about gold…or we can watch gold launch into outer space. This is strictly a 60-year market veteran’s opinion. However, my eyesight is still 20/20.
December 6, 2014
This past week we saw some pretty wild action that told us markets and stocks were going to correct. But that was short-lived -- and now we are back on track for higher prices into years end.
Do you remember seeing old pictures of the Great Depression which depicted "lines?" There were two types, bread lines and also lines to the front doors of banks. While we don't see any bread lines today, trust me, there are bread lines in every single state, and...
Last year, many in 2013 were calling for the price of gold and silver to double, and more! Then came 2014 and those dashed hopes were pushed back to the second half of 2014. Earlier, in the first half of the year, we said that the second half could likely be more of...
Performance of the US Dollar Index has been stellar and is developing an interesting pattern that once complete around mid to late March 2015 will indicate the final upper target expected around August 2015. This report has a lot of technical information and might...
Long term – on major sell signal since Mar 2012 when $HUI was at 550. Short term – on buy signals. Gold sector cycle – up as of 11/14. COT data suggests lower metal prices overall going forward.
December 5, 2014
Mr.MARKET has been puttin' the hurtin' on gold bulls, writes Bill Bonner in his Diary of a Rogue Economist. Monday, however, he went after the gold shorts. Gold rose $42.60 per ounce from Friday's close...some 3.6%. That's proportionally equal to a move of 640...
Gold Volume, Silver Volume, China Stocks, GDXJ & GDX analysis via videos.
Gold’s been on an incredible roller-coaster ride over the past couple months, whipsawing like crazy. And contrary to popular rationalizations, these swings had absolutely nothing to do with fundamentals. Their sole driver has been American speculators’ extreme...
The European Central Bank will decide early next year whether to follow the Federal Reserve, Bank of England and the Bank of Japan with quantitative easing or money creation to buy government bonds and other assets but will not buy gold, its president Mario Draghi...
Each commodity market has its own story to tell: oil prices are falling because OPEC can't agree production cuts, steel faces a glut from overcapacity, and even the price of maize has fallen, presumably because of good harvests.
December 4, 2014
The Swiss gold initiative has come and gone. It can be summarized as much ado about nothing. Even if it had passed, the initiative would have had no real impact on the central bank’s ability to print money or conduct monetary policy.
While wondering what to write about today I remembered seeing something that was shocking even though I was aware of it. I have not paid much attention recently to 10-year yields in the Eurozone. The non-logical yields had just slipped through the cracks of my...
Mr. Gold’s last paragraph is the tell on his bias, as he is unwilling or unable to conceal the contempt he has for people who were absolutely right for 10 years+ and are now suffering a bear market, both to their asset of choice and in sound monetary thinking.
Who would have predicted oil prices in the sixty-dollar range a year ago? Something is not right about these markets. Our take: don’t get burned when markets add fuel to the fire. Here’s what to watch out for as we head into 2015; ignore at your own peril.
December 3, 2014
I am not sure what to make of the U.S. Dollar (DXY) vs Spot GOLD relationship recently, because it has certainly been counter-intuitive, not to mention counter-historical.
Much to the chagrin of the financial elite, gold and silver are reentering the American consciousness and starting to shake the wing nutty image of their recent past. But it’s taken a global financial crisis to get the public’s attention – one that could wipe out...
Recent statements by Federal Reserve officials would lead just about anyone to believe that one of the bank's central missions has always been to guard against the lurking threat of deflation. They warn that since official inflation has remained below the Fed's 2...
“The falling oil price is good for the budget in Japan. It’s also positive for consumer spending, so perhaps we could see some light at the end of the tunnel as a result... But of course, it could put the inflation targets of the BOJ under pressure. You’re looking...
Yesterday was an extraordinary day in the Precious Metals markets, with a good chance that it signals the reversal from the brutal 3-year plus bearmarket that so many have waited so long to see. The day started with gold and silver plunging on the news that the...
December 2, 2014
Gold is still in a secular bull market which began in 2001. In fact it soared 650% in its first leg up (2001-2011). But as all secular bull markets occasionally correct, gold too has corrected down 39% during the past three years. Consequently, the shiny yellow...
Gold enthusiasts around the world are trying to figure out what just happened in the gold market. The price action has been dramatic, and I think I can shed some fairly bright light on the situation. The general consensus is that the price of gold fell on Friday,...
The Australian gold sector index (XGD) topped during the week of 15th April 2011 at 8498.9. The first fact to consider from this article is that this occurred nearly 5 months ahead of the peak in gold when the king of metals had just reached the high US$1400. As...
I'd like to address the outright crash of the oil market this past week. The hope was the Saudis would cut back on production to stabilize prices somewhere in the $80+ range. This was not to be as Saudi Arabia announced no cutback whatsoever ...oil then fell over 10...
December 1, 2014
Our office recently had the pleasure of welcoming Dr. Kaye E. Wilkins, who practices pediatric orthopedic surgery here in San Antonio. The recipient of the 2008 American Academy of Orthopedic Surgeons (AAOS) Humanitarian Award, Dr. Wilkins has made it his mission to...
It looks as if another COMEX expiration has come and gone without any "fireworks." I must say, I in no way expected what has occurred, the longs evaporated unlike any time past…AND with the knowledge that physical supplies are very tight. Were this any other market...