After knocking on the door of new record highs over the past few weeks, the gold market is pulling back. Bulls had faced a lot of overhead resistance in futures trading. It finally proved to be too much to overcome – at least for the near term.
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.
May 21, 2023
May 20, 2023
Our proprietary cycle indicator is DOWN. GLD is on short term sell signal. GDX is on short term sell signal. XGD.to is on short term sell signal. GDXJ is on short term sell signal.
May 19, 2023
The gold miners just finished reporting their latest quarterly results, revealing how they are actually faring fundamentally. Those proved somewhat mixed for the largest gold miners dominating the leading gold-stock benchmark. While production stayed stable,...
The gold market correction continues although there are some nice air brake candlesticks, especially in the silver stocks.
First let me get this in print up front; the gold price (like most/all markets) is manipulated in different ways. It can be talked down, it can be subject to paper buying/selling that does not bear resemblance to its street value (per the supply/demand dynamics of...
Banks have been tightening their lending standards, and they plan to keep doing it throughout the rest of the year. Last week, the Board of Governors of the Federal Reserve released a new report on how much banks plan to expand or tighten lending in coming months....
Todd Hoffman, the creator of Gold Rush on the Discovery Channel, joins the show, and we discuss the current state of the economy and its potential impact on silver and gold. Todd expresses concerns about a possible systemic crash of the US dollar and its...
Gold and silver have experienced significant rallies since the lows of last fall, with gold rising from $1650 to over $2,000, while silver rallied from slightly below $18 to over $26, before the recent correction.
May 18, 2023
Despite the stock market rally so far in 2023, the S&P 500 Index has not come close to regaining its all-time high put in early last year. What has soared to new highs, however, is the stock/bond ratio.
When looking for an investment, the approach I take involves looking at the global, big picture conditions. I study trends, read the news, basically watch and listen to what’s going on in the world.
May 17, 2023
The big question now is whether the Fed will pivot or not. Some, not a few, already believe that the decision has been made. Does it really make any difference? We think not.
In this video we analyze two charts: Gold against the 60/40 portfolio (total return) and Gold against a 60/40 Fund (which may not include total return).
Argentina recently made headlines with its announcement that it plans to pay for its imports from China in Yuan. Inevitably, gold commentators jumped to the spurious conclusion that this decision signals another step towards “de-dollarization.”
We've got more confirmation today that metals have begun an intermediate degree decline. Ride out this correction and I'll try and call the bottom in real time for subscribers when I think it has arrived. I want to warn people this may become more severe than what...
Pyotr Kurzin returns to the show, and this time we discuss the geopolitical issues concerning him for 2023 and how they will impact commodities like gold. Pyotr also talks about the overall global economic outlook and the inflation shockwaves happening across the...
In this discussion between Egon von Greyerz and Alasdair Macleod, on the state of the current banking system and the importance of gold, the speakers express concerns about the sys
May 16, 2023
What if bitcoin just topped? What does it change for the price of gold going forward, if anything? Many years ago, people wanted to buy gold but didn’t really want to store it in their homes, pay for safekeeping and insurance during transport, and so on. The demand...
The American government is a debt-oriented mess and sadly, most proposals to fix it involve even more debt.
Tectonic shifts lie ahead. These will involve a US and European debt crisis ending in a debt collapse, a precipitous fall of the dollar and the Euro with Gold emerging as a reserve asset but at multiples of the current price.
Palladium was the best-performing precious metal of the week, increasing by 1.3%. Exchange-traded funds (ETFs) raised their palladium holdings by 17,202 troy ounces. China continued to add to its gold reserves for the sixth consecutive month, as central banks...
In 1946, when the Foundation for Economic Education was founded, an ounce of gold traded for around $38.25. This week, it was trading above $2,000! I can only imagine how much money could have been made with earlier investments in gold. I sure wish I had invested...
May 15, 2023
The future of money is uncertain, and speculation about what comes next is all over the place. The Federal Reserve note "dollar" is the world's reserve currency, but its seat on that throne is no longer secure.
Ever wonder how much it costs to produce an ounce of gold? Most of us tend to focus on the market price for gold since that is what we hear referenced on a daily basis.
Lately, I have been telling the story of my experience leading up to the all-time high in long-term Treasury bond rates that occurred in late 1981. I was kind of a rookie, having started at Merrill Lynch in late 1977 (at age 22). 30-year Treasury bond yields peaked...
Willem Middelkoop, the author of The Big Reset and founder of Commodity Discovery Fund, returns to the show, and we discuss the international monetary system and the petrodollar system that has been the foundation of the US dollar since 1973 or 1974.
We're getting down to the wire now. Biden has cancelled debt ceiling negotiations with Republicans yesterday. Maybe Hunter's in trouble again. Who knows.
May 14, 2023
A mere four weeks ago we penned our 700th missive entitled “Gold: The Next All-Time High is Nigh”. And as you nauseatingly know from just prior to this past week, Gold came within four wee points of so doing in reaching 2085 on 04 May, (the All-Time High of course...
I have read so many articles recently from the investment industry and the so-called financial professionals about what happens to your investment account value if you don't follow the buy-and-hold method. What I have learned is just how good some professionals are...
As far as the Dow Jones goes, I didn’t miss much during the two weeks I took off. Since March 31st, the Dow Jones has remained above its -10% BEV line, but can’t move up to close above its -5% BEV line, making the past six weeks one boring market as far as the Dow...
Well, it looks like gold bulls will have to wait at least another week for any sort of upside breakout to occur. Gold continues to contend with resistance selling whenever it approaches its former all-time high near $2,080. That was the case again this week.