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.
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 11, 2013
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.
It’s odd that somehow everything is starting to look so much better now than Angela Merkel is up for re-election in Germany.
August 8, 2013
Why aren’t American’s flocking to precious metals? Americans seem to have turned their backs on the shiny, precious insurance in favor of paper dollars and stocks of many sorts. Why?
At present the US stock markets defy gravity either because: 1. The monthly $85bn Fed purchasing program; 2. The “improving” economy with 1.7% GDP growth for 2Q13 and bullish expectations for the remainder of the year; 3.
If anyone thought that the US’s standard of living was all about how hard they worked, productivity gains and technology innovations to make modern life easier, then they may not be blamed for living under the illusion that has not come without a cost.
During silver (SLV) and gold's (GLD) terrific move in 2011, very few analysts warned that a correction could come to shakeout all the Johnny come lately's (momentum traders) who were pushing gold and silver to nosebleed levels.
According to most commentators, reducing monetary stimulus and winding down the balance sheet of the Fed without major economic disruptions is going to be a major challenge for US central bank policy makers.
Fed Chairman Ben Bernanke’s term as chairman of the Fed expires at the end of the year and President Obama has quite ungraciously indicated his intent to replace him, remarking that he had, “already stayed a lot longer than he wanted or he was supposed to.”
There is some evidence in the UK of a pick-up in consumer spending, probably echoed elsewhere. There are two likely factors behind this, the first perhaps being seasonal, aided by the fine weather.
WHY IS THERE NO INFLATION? -- Most economists, analysts, mavens of every sort and investors wonder why the Fed’s QE 1, 2,3 and 4 programs have NOT created any inflation to speak of and haven’t boosted the economy any more than it has, if at all. A
Featured is the weekly gold chart, with the US dollar at the top. The rising dotted lines in the gold chart coincide with falling dotted lines in the US dollar index chart. The long uptrend line supporting the dollar coincides with the latest correction in the...
August 7, 2013
People trying to manage trend changes are by definition fighting momentum, which feeds on an established trend with powerful force. A premium service I use and otherwise depend upon for analysis of conventional US stocks and sectors (i.e.
Bears Calling For Another Top -- Since the S&P500 bottomed on June 24, the calls on Twitter for an imminent peak have been frequent.
August 6, 2013
Even though Gold falls below $1300/oz. on the Back of a Slew of Economic Data, I Remain Extremely Bullish. After holding above the important psychological support level of $1300 for most of last week, on Monday August 05, the price of gold fell below this after a...
ECNS (English China Daily News) reports that “all may not be well”, in the Chinese gold market. When gold crashed in April, crowds of Chinese citizens were seen buying gold, but they may not have realized how much further prices have fallen since then.
In our last editorial we presented bullet-proof evidence (https://www.gold-eagle.com/article/chart-signaled-bottom ) that the gold stocks had put in a major bottom.
Performance – In the Dollar? -- In the U.S.
Tonight I want to take an in depth look at the US dollar as it is so important to the overall big picture regarding the deflationary outlook that appears to be headed our way.
August 5, 2013
As a life-long Contrarian; these days I spend the vast majority of my reading/research time studying the bearish drivel on precious metals which emanates (in greater quantities than ever) from the Corporate Media.
Despite some positive data, the global economy is showing signs of slowing, a remarkable development in itself when you consider all the money printing and deficit spending that's transpired over the past few years.
Given gold's retreat during 2013, it would seem the Midas Metal's best days are behind it, at least for a while.