Inflation moderated a bit in July, fueling hopes that it has peaked. Are they justified? Yes and no, but before I elaborate on this enigmatic answer, let’s see what happened in July. On a monthly basis, the CPI was unchanged then, after rising 1.3 percent in June,...
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.
September 2, 2022
Powell’s speech at the Jackson Hole symposium confirmed his hawkish stance, sending gold prices towards $1,700.
Gareth Soloway joins the show to talk about his prediction earlier this year that Gold will be the top-performing asset of 2022 and whether or not it will continue. We also talk about the stock market, the bond market, and Jerome Powell's next move.
September 1, 2022
The odds for another 0.75% Fed rate hike have risen to around 70% over the last week. This has pushed short-term interest rates and the dollar higher. Gold is slipping back towards critical support. Our cycle work expects one final dip into a September low.
Financial and precious metals expert Egon von Greyerz (EvG) stores gold for clients at the biggest private gold vault in the world buried deep in the Swiss Alps. EvG is a former Swiss banker and financial expert that says massive money printing and huge amounts of...
Mario Innecco, from the maneco64 YouTube channel, joins us today to discuss recent protests worldwide. Furthermore, we discuss the food shortage in Europe, US oil reserves hitting the lowest level since 1985, and what all this means for precious metals.
August 31, 2022
Both gold and silver’s results sagged, but gold stocks are the worst performers so far. What is this decline leading to? Gold moved visibly lower yesterday, silver closed at the second-lowest level in over 2 years, and miners (both GDX and GDXJ) formed their lowest...
Federal Reserve chairman Jerome Powell is talking tough and warning of more interest rate pain to come. At the same time, Fed officials are now admitting that their sized-up rate hikes won't even be sufficient to tame the price inflation they have helped create.
August 30, 2022
What lies ahead for America and the world, for the rest of 2022 and 2023? Legendary economist Steve Hanke warns of a major recession in 2023 and suggests it would be happening… even with no rate hikes.
Everyone has an opinion as to what something is worth, whether the object of consideration is their home, a late grandfather’s pocket watch, or a specific stock. The price of a specific item or asset at any given time is a reflection of all those varying opinions....
Looking at the latest results of precious metals, it’s hard to cast out the impression that stocks are like a ball and chain for gold. Should we expect a repeat of the 2013 slide? In today’s analysis, I would like to draw your attention to something that’s extremely...
Doomberg returns to the show to discuss the latest news on Energy, the Paper oil market, and the Gold & Silver market.
As tensions remain high between Russia and the western NATO nations, the eastern countries continue to import gold, while also making arrangements to set up their own exchanges and infrastructure.
It’s been awhile since we last looked at some of the important currencies of the world which are telling us a big story right now. I’ve often mentioned that the bigger the trading range the bigger the move which makes perfect sense if you think about. If one is...
August 29, 2022
The best performing precious metal for the week was gold, but still down 0.74%. Gold steadied after a six-day run of losses as financial markets remained on edge ahead of a pivotal annual gathering of central bankers at Jackson Hole.
As long as gold is priced in the U.S. dollar, it’s critical to keep the latter in mind. And last week, something epic happened in the forex market. Namely, the EUR/USD closed the week below the all-important 1 level. For the first time in almost two decades!
Last week for the most part, was a quiet market. Then came Friday and the Dow Jones dropped over 1000 points, becoming a day of extreme volatility, a dreaded 2% day, closing 3.03% down from Thursday’s close, taking the Dow Jones back below its BEV -10% line in the...
A frustration of dyed in the wool gold bugs is that a debt soaked system moves forward on little more than the confidence that all will remain as it has been. This confidence focuses on the Federal Reserve and it’s ability to inflate the system when needed.
As central bankers from around the world gather in Jackson Hole, investors are bracing for more rate hikes to come. The Federal Reserve is poised to hike again in September to try to cool inflation.
Lynette Zang joins us today to explain how the Inflation Reduction Act of 2022 will worsen everything. Furthermore, we talk about the Feds balance sheet and whether or not a fed pivot will make the price of Gold and Silver go higher.
August 28, 2022
Last week's trading saw Gold forming its low in Monday's session, here doing so with the tag of the 1740.20 figure. From there, strength was seen into late-week, with the metal pushing up to a Thursday high of 1778.80 - before backing off the same into the weekly...
Official history is not necessarily truthful history. Perhaps no place is more congruent with that than Africa. Not to their fault, most people tend to have a wildly superficial understanding of African history. Press narratives, imagery, and films have largely...
Asleep indeed is our once mighty Gold. Fortunately, when there's not a lot to say, we can always look at pretty pictures, for each is worth a thousand words, (if not in due course thousands to one's wealth). To wit:
August 27, 2022
Long term – on SELL signal. Short term – on mixed signals. Gold sector cycle is UP. We are now holding trading positions as no core positions should be held during a long term sell signal.
August 26, 2022
The FOMC hiked rates by 75 basis points in July. However, the recession drums are getting louder, and gold likes such music.
The mid-tier and junior gold-miners’ stocks in their sector’s sweet spot for upside potential have been clubbed like baby seals since mid-April. Massive gold-futures dumping erupted as the US dollar shot parabolic on the most-extreme hawkish Fed pivot ever,...
So much for “inflation reduction.” Just a few days after signing Green New Deal legislation, rebranded as the Inflation Reduction Act, President Joe Biden has moved to completely undo its core promise by pumping hundreds of billions of dollars into another new...
As the Federal Reserve continues to raise interest rates, the impact is being increasingly felt in the housing market. And in today's video, Dave Kranzler of Investment Research Dynamics goes through some of the data and trends that have emerged that show the...
August 25, 2022
The latest S&P Global Flash US Composite PMI doesn’t bode well for the U.S. economy. The headline Flash US PMI Composite Output Index declined from 47.7 in July to 45 in August, as the chart below shows. It was the second successive monthly decrease in total...
On August 15, 1971, Richard Nixon announced that the US dollar (USD) would no longer be redeemable in gold. This was supposed to be temporary. And yet, 51 years later, here we are. The gold standard was gradually destroyed in the twentieth century. Now people are...