Gold Editorials & Commentary

A friend asked me today what I thought Powell should do. I said, “…the system is screwed. It ultimately doesn’t matter what anyone does. The money printing, credit creation and artificially low interest rates over the last 10 years has fueled the most egregious...

– Review of 2018: ‘Everything bubble’ started bursting. – International stock market indices and many property markets have fallen sharply. –  S&P 500 -4.5%, Nikkei -8%, EuroStoxx 50 -12.5%, FTSE -13%, DAX -16.5%. – Of 54 major international stock market indices...

Investors will be surprised to know the main factor that drives the gold price.  And no, it isn’t the oil price or market.  While the oil price has been a good indicator for the gold price over the past 50+ years, it hasn’t done much over the shorter term.  However...

Tomorrow, the FOMC will publish its monetary policy statements and economic projections. How could they affect the gold market? And what about the recent developments in Europe?

Last Monday, the market dropped over 70 points from its intra-day high to just below 2600SPX, and a reporter on television claimed it was due to the “postponement of the Brexit vote.” Yet, around mid-day, the market began to rally off its lows, and ended positive ...

For the first time since we began publishing this Report, it is a day late. We apologize. Keith has just returned Saturday from two months on the road.

The pillars of the global financial system are fundamentally unstable and could lead to a frightening chain-reaction in the next crisis, the world’s top watchdog has warned.

It’s downright wintry on Wall Street right now. Firmly establishing the worst start of a December for the US stock market in 38 years, all three major stock indices plumbed the greatest depths they have hit all year … and it’s been a bad year! The S&P 500 and...

Turkey continues growing its gold holdings after selling off its reserves for most of this year. Bullion holdings rose $69 million from the previous week and are worth $19.4 billion as of December 7, according to the Turkish central bank’s filings. In another sign...

Assets that are typically the most inversely correlated to the stock market during bear markets have started exploding higher in the last few weeks.  The IEF bond ETF broke out of a Stage 1 base recently.

The Big Bear is back. Ursa Major is in the house of the rising sun, and Taurus is in the house of the setting sun. Those are bad signs for investors who are now daily diving into their horoscopes. The market is pouring out of an inverted Big Dipper, otherwise known...

Using Charles Dow’s well known method of reading the stock market’s movements on Friday December 14th 2018 , the averages confirmed a bearish indication and can now be classified to be in a bear market. This action Friday is the first occurrence of a valid bear...

Everybody is suddenly talking about the inverted yield curve. They’re right to do so, too, but alarm bells may be premature. Inversion is a historically reliable but early recession indicator. The yield curve isn’t saying recession is imminent, even if it were fully...

We are going to start this update on a positive note by pointing out that the gold to silver ratio recently reached a 24-year record extreme as shown by the 20-year chart for this ratio below, which alone is a sign that the sector is close to a bottom and also that...

Market technicians who follow IWM are aware of its propensity for reversing its trend ahead of SPX and DJIA. This was particularly obvious at the last market top when IWM printed its final high price on 8/31, while SPX did so on 9/21, and DJIA on 10/03.

Gold: Ever since finding its way back up and nestling into The Box (1240-1280) these past two weeks, Gold's "rally" (schmoozing it as such) looks to have run out of puff, the tempting safety and serenity of The Box offering a place to pack it in for the wee balance...

Large precious metals speculators raised their bullish net positions higher in the Gold futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

Do you see what I see in the Bear’s Eye View chart below?  The Dow Jones’ last BEV Zero (last all-time high) was on October 3rd; and for the first time since October 3rd the Dow Jones broke down below its BEV -10% line.  It goes without saying, as I’m sure the bulls...

Gold sector is on a major sell signal. Long-term – on major sell signal. Short-term – on buy signals. Gold sector cycle is up. A tradable bottom remains in place.

If we want to know where gold is going we should follow gold. Right? How about following gold stocks? At times, they lead gold. What about the US Dollar? Wrong! In 2019, one market more than any other will impact gold.

Despite all the ominous press being devoted to the soon-to-be-inverted yield curve, it’s not always clear why such a thing matters. In other words, how, exactly does a line on a graph slipping below zero translate into a recession and equities bear market, with all...

We all know that positioning and sentiment are bullish for gold and have been since May. Hence the need to focus on the technical picture. As I reported last week, gold is in a Bear Flag following its drop from 1369 in April to 1167 in October. It touched channel...

We asked our staff and authors for recommendations of books that Gold-Eagle readers may enjoy.  Below you will find a fine assortment of good reads on a variety of topics to fill your leisure time and feed your brain over the holidays. 

The beleaguered gold stocks are recovering from their late-summer capitulation, enjoying a solid young upleg as investors gradually return.  Their buying has pushed the leading gold-stock ETF near a major triple breakout technically.  That event should really boost...

Central banks’ purchases create a floor for gold prices. Myth or fact? We invite you to read our today’s article about the central banks’ demand for gold and find out whether it will save gold. 

Since gold topped out in 2011, the precious metals mining sector has been where investor capital goes to die. Mining stocks have performed miserably over the past seven years, missing out completely on the central bank-created liquidity-fest that has raised nearly...

Gold was lower today in dollars but saw slight gains in pounds and euros. It was supported by increasing concerns about the likelihood of a ‘hard’ Brexit, about global economic growth and uncertainty around the Fed’s interest rate policies in 2019.

For gold bulls, 2018 was disappointing. From 11 December 2017, when gold made a significant bottom against the dollar at $1243, it has ended virtually unchanged today, after being 4.2% up. Gold had to struggle against a rising dollar, whose trade-weighted index rose...

The CPI was unchanged in November, following an increase of 0.3 percent in October. It was the weakest number since March 2018, when monthly inflation fell about 0.1 percent. However, the flat reading was caused by a sharp decline in the price of gasoline – that...

In the past, I have outlined why fundamentals look best at market highs, and worst at market lows. And, just like we normally experience, as we were soaring over 2900, I am sure many of you were convinced that this was one of the best economies we have seen in quite...