The trading action in the paper gold markets of London and NY this week further convinces me that gold is being pushed down in price by the western Central Banks similar to the take-down in the paper price that occurred in 2008. The motive is to prevent a soaring...
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.
July 19, 2018
With the first half of 2018 now behind us, it’s an opportune time to look at what's been happening in the Chinese Gold Market. As a reminder, China is the largest gold producer in the world, the largest gold importer in the world, and China’s Shanghai Gold Exchange...
In today’s globalized economy no market can move entirely on its own. They are all connected in one way or another. But not all links are equal – some are barely noticeable, while others are so strong that it’s impossible to dismiss them. In case of the gold market...
In his book Nobody Knows Anything, my friend Bob Moriarty wrote about the difference between signal and noise. Unfortunately, much of the information in the gold space or what passes for such is really noise. Conspiracy theories around manipulation, price...
July 18, 2018
The recent currency and debt crises in Argentina and Turkey raise questions about the condition of the global economy in general and the emerging countries in particular. Are they merely isolated events without broader implications or are they canary in the emerging...
In the 2nd July Weekly Update we discussed the risk posed by the recent weakening of China’s currency (the Yuan), and commented: “We won’t know for sure until China’s central bank publishes its international currency reserve figure for June, but the recent weakening...
I always love reading titles to articles that tell me I am about to read a bunch of "reasons" as to why a market is going to do something. So, I thought I would write my own. When someone presents you with such an article, this is what they are really saying:
This market is in the “biggest bubble in the history of mankind,” Ron Paul told CNBC’s “Futures Now” last Thursday. “I see trouble ahead, and it originates with too much debt, too much spending,” Paul said.
July 17, 2018
For every promising investment opportunity, you come across, there are multiple opportunities for bad-faith brokers and hucksters to try to rip you off.
The world’s greatest asset is on sale. In China, India, and the Western gold community, shoppers are happily placing small amounts of “golden groceries” into their shopping carts each week, and enjoying the price sale.
The first gold ETF was launched in 2003. Since then, ETFs have revolutionized the gold market. How? And, by the way, what is the relationship between gold and climate change?
The markets are in serious trouble as the extreme oil price volatility continues to devastate the global economy. Investors and analysts today are totally clueless because they have become the frogs burnt to a crisp in the frying pan. Over the past several decades...
– Global debt time bomb surges to nearly a ‘Quarter Quadrillion’ ($250T). – “The $247 trillion global debt bomb” Washington Post warn.
July 16, 2018
The market went according to expectations and projections in the second week of July after the first week's huge bull reversal week. The bulls were able to retain their bull train momentum from the prior week and managed to do a decent job on the standard...
For those that follow me regularly, you will know that I have been tracking a set-up for the SPDR Gold Trust ETF (NYSEARCA: GLD), which I analyze as a proxy for the gold market. I also believe that gold can outperform the general equity market once we confirm a long...
The economies of the world are at an inflection point. Enough data points have now presented themselves to be able to see the outlines of a major shift in the markets of the world. We are at a pay attention moment. There comes a time when a successful investor...
In looking at the charts for Gold, Silver and Mining Stocks, it is clear that patterns and wave mappings suggest a bottom is fast approaching, and the start of a major new Bull Market is next. This comes at the same time that sentiment is at extreme pessimism, the...
In part I The Great Reset , we said that a reset is a terrible thing. The closest example is the fall of Rome in 476AD, in which more than 90% of the population of the city fled or died. No one should wish for this to happen, but we are unfortunate to live under a...
Gold speculators increased both long and short positions on the week with minimal positional change. Gold producers & merchants cut both long and short positions which suggests gold is being driven by speculators and true physical market activity is low.
– Trump, Russia and Brexit and resulting impact on gold and silver coin and bar demand. – Global demand for gold and silver is mixed but overall sentiment is poor and depressed. – U.S. bullion demand fell, UK demand lackluster despite Brexit, German demand is strong...
July 15, 2018
Large precious metals speculators slightly raised their bullish net positions 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.
What a week I’ve had. Barron’s ceased its internet publication of much of its market data. They still do some in a digital format, but after I called them on Monday morning the really good stuff like the Dow Jones Total Market Groups,
If Elvis truly has left the building, can someone please go out and get him? For if he can croon his tune that "It's now or never ... Tomorrow will be too late"for Gold to recover in two-oh-one-eight, buyers might be inspired. Indeed at present, our forecast high...
July 14, 2018
Gold sector is on major buy signal since early 2016. Major signals can last for months and years and are more suitable for long-term investors. Our ratio between gold and gold stocks has broken out to a multi-month high and is currently pulling back.
You have better things to do than read droning macro analysis or long, drawn out investment theses. It is a weekend in the dead of summer and for that reason we go easy this week; real easy.
Here is my chart of the day summary covering markets, technicals, sectors and stocks I am interested in. You can find these on Linkedin too, so please connect with me there for daily content updates. You can click on each chart title below for more information.
July 13, 2018
The gold miners’ stocks have been drifting sideways to lower like usual in their summer doldrums. They are likely near their major seasonal lows ahead of a strong autumn rally, a great buying opportunity. Gold rebounding higher will be the primary driver fueling the...
Here are today's videos and charts
The United States has three requirements in returning to the Gold Standard. They will be extremely difficult to achieve. They each serve as essential requirements in a criterion. All three are urgently needed.
Financial experts continue to state that the markets are going to crash, even though their record since this bull market started back in 2009 has been dismal to the say the least. To complicate matters, some of these same experts suddenly jump ship and start to...