The destruction culminating in late June in the gold price brought out the usual suspects to school us ever since about why gold is all done as a worthy investment in an era of economic revival, compliments of heroic policy making by Ben Bernanke and Associates. ...
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.
August 16, 2013
August 15, 2013
COMMENTARY: A number of factors have impacted gold in a positive way over the past 30-days. Egypt has entered a climatic period whereby the Egyptian Government has declared a month-long state of “emergency” The Egyptian Army today was given authorization today to...
Gold in relation to the Dow Jones Industrials (DJI) has taken a bit of a beating over the past few months. The DJI/Gold ratio rose from 7.82 as at December 31, 2012 to a close of 12.18 as at June 30, 2013 an increase of almost 56%.
What actually happened in the gold market during the second quarter of 2013? The One Bank launched one of its most savage assaults on bullion markets throughout the entire course of this 13-year bull market, causing all-time record demand for gold – while the market...
In our previous essay ( http://www.gold-eagle.com/article/recent-price-action-silver-breakout-or... ) we focused on silver’s relationship with the general stock market. Today, we think it would be interesting to revisit the silver-to-gold ratio. However, before...
August 14, 2013
At one point we thought we were alone in believing that eventually we would see a confiscation of citizen’s gold in one or more countries. Then we saw the confiscation of deposits in Cyprus in line with a “bail-in” policy.
In the 1990s, tech stocks were the place to be. After the dot-com bust, those who placed their money in bonds or shorted stocks did very well until October 2002. The winning asset class between late 2002 and October 2007 was stocks.
August 13, 2013
All aboard and back up the truck. The recovery train is soon to leave the station for higher prices! Obviously, the ideal time for that would have been at the exact bottom.
During this banker raid on paper gold and paper silver, while banking shill Nouriel Roubini was spouting more propaganda in the distribution channels of the mass media of a gold collapse to sub-par $1000 an ounce prices, we were busy informing our readers about the...
The spot gold price surged to a near three-week high yesterday as strong demand to buy gold hit the market. Analysts are now looking for December gold futures to push through $1,350, the next level of resistance.
First off let's go over the key cyclical points from today's action. Yesterday gold broke above the cycle downtrend line, thus confirming August 7 as a daily cycle low.
The Fed has taken extreme measures to kick start the economy. With fears of inflating another round of asset bubbles increasing, public statements from Fed governors in recent weeks have revolved around tapering their stimulative policies in the months ahead.
According to Reuters, Fed stimulus has helped fuel the S&P's gain of nearly 19 percent in 2013. The Fed is seen as moving toward reducing its $85 billion in monthly bond purchases, causing some investors to take a step back from stocks.
August 12, 2013
All the pieces are in place for a major uptrend in gold to begin right away, and it appears to be starting as this is being prepared. The Commercials have cleared out virtually all of their short positions, for a massive profit of course, meaning that the slate is...
I generally shy away from making time-specific economic and stock market predictions simply because they are extremely difficult to accurately pinpoint. During 2006 I warned about a coming real estate collapse that would cause a severe recession in 2007.
In April 2013, Japan announced a QE program of $1.4 trillion, an amount equal to roughly 25% of the Japanese GDP. To put this into perspective, the US’s QE1, QE 2, QE 3, and QE 4 programs which were spaced out over four years are an amount equal to roughly 16% of US...
The commodity complex is famous for a sort of ‘Whack-a-Mole’ quality to it. Do you remember back in the go-go days when it was NatGas (2005)? Uranium (2007)? Crude Oil (2008) and then a cluster of Copper (2011), Grains (2011) and Silver (2011)?
My first article is based our just-released Market Overview (monthly reports). It focuses on gold as an anti-inflation hedge, and why it is precisely a hedge against something else.
Without a doubt, the recent weeks were tough for the U.S. currency. The U.S. dollar fell as investors weighed when the Federal Reserve would slow the pace of bond purchases that had contributed to weakening the greenback.
August 11, 2013
In this Weekend Report I would like to show you a “WHAT IF” scenario that few are seeing at this time. There are two major camps in the precious metals complex, the bulls and the bears.
BE AWARE!!! – Poverty and Unemployment are here to stay and will impact on both us and our children. HOWEVER, futurists are unanimous, although there will be less jobs, there will be plenty of work. The Transition will be painful.
August 10, 2013
Well, the easy money that looked to be here last weekend dissipated quickly. The S&P 500 broke to new highs but then failed and was choppy all week with no direction which means it’s best to be out of markets or only in very strong stocks and there are some...
While the S&P 500 Index has recently made new, all-time highs, a trio of indicators says we should be alert for market weakness.
In an election, it does not matter if voter turnout is high or low, the outcome is determined by the actual votes cast. The same holds true for the markets. Only those who make an actual buy or sell decision determine the outcome of the market trend. The market “...
There are mixed signals for gold and precious metal equities: Short-term they are on mixed Signals. However, long-term they are still on Sell Signals.
August 9, 2013
The marginal economic strength that was described in the most recent GDP release from Washington has caused many to double down on their belief that the Federal Reserve will begin tapering Quantitative Easing sometime later this year.
Silver has suffered a miserable year so far, bludgeoned by gold’s unprecedented selling anomaly. The exceptional weakness in both metals was greatly exacerbated by futures speculators piling on short-side bets. But with silver shorts hitting record extremes, a...
We continue to believe (a) tapering is about bubble management, and (b) the base case is for a September tap
Each of the last five years Wall Street pundits have predicted, and our government has promised, that a second half recovery in the economy will occur. Since 2009, they have come up with different reasons why GDP would boom in Q3 & Q4 of that year; and that...
With gold recouping some losses in its most recent trading sessions, many are asking whether or not the bottom has finally formed for the yellow metal.