Nothing is more shameless in a bedazzling sort of way than rich banksters standing on the public curb with their hands out. First, we had the admission this past week by a major French bank that Italian banks are so sick (and so too big to fail) they could cause...
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 11, 2016
July 10, 2016
I have not really addressed this issue in a direct fashion in the past, but I feel the need to bring this issue to light. The issue I have with most of the “analysis” I read or hear is that much of it is based upon supposition and inconsistencies. Personally, when...
In last week's missive, (Gold then at $1,345), we modestly raised our high target for this year to the vaunted level dubbed as "Base Camp 1377". Now with Gold having settled yesterday (Friday) at $1,367, what was Gold's high trade this past week, indeed for the year...
In US judicial court system for a criminal case, the juries are advised to examine the evidence of the case “beyond a reasonable doubt”. The market behavior is complex and there are often good arguments on both sides as to the direction of the crude oil ($WTIC)...
July 9, 2016
Gold sector is on a new major buy signal. Investors can cost average in at the next cycle bottom. Silver is on a long-term buy signal. Short-term is on buy signal. However, silver is vulnerable to a multi-week correction which is long overdue.
Jason Zweig, who a year ago called Gold a “pet rock” is doubling down. He reiterates his belief, albeit a misguided one that Gold is a pet rock and justifies it with the usual anti-gold bug propaganda. Unfortunately, Zweig along with many gold-bashers and ironically...
BREXIT opened a Pandora’s Box for the EU. Will the globalists shut it closed and then reseal it for generations to come? Something may be rotten in the state of Denmark, but the stench emitting from Brussels has been overpowering Europe. People in the Western...
This first chart for tonight is the GOLD:XAU ratio combo chart we’ve been following very closely. I just want to make it perfectly clear what this ratio chart is telling us. The ratio chart on top is telling us that gold is in a parabolic collapse vs the XAU after...
A cracker of a week to let our stock positions consolidate -- and now they have resumed their upwards trajectories. Precious metals are also doing very, very well along with miners. There really isn’t a lot to say with everything acting very orderly this past week...
July 8, 2016
Several important factors work in a powerful manner to debilitate, to distort, and to wreck the global financial and economic system. It is long past the point of effective remedy. After the Lehman kill event, every conceivable wrong move and policy was made and...
I wrote an article one year ago stating that ONE OUNCE OF GOLD WILL AGAIN BUY THE DOW. In that article I explored the possibility that gold could move up to an extreme as Jim Sinclair and gold bugs believe, of $36,000 or feasibly drop to $900 as Harry Dent believes...
Technical Analysis of The Markets Via Videos.
The red-hot gold miners’ stocks have continued blasting higher this summer on heavy ETF buying by professional money managers. Funds’ ongoing big capital inflows into this market-leading sector have overcome its usual summer seasonal weakness. While gold stocks’...
For some years we have described Brussels as "Moscow on the Maastricht, without the privilege of state murder". Clearly, the above FT comment is not written by an impartial journalist, but by a polemicist for authoritarian government. Had the EU been based upon each...
The spike in the gold price during the holiday weekend triggered a record ONE-DAY surge in mainstream investor gold demand. Investors in the West watched over the fourth of July holiday weekend as the gold price continued higher on early morning trading on Monday...
The last year has been a scary time to be an investor. In 2015, the slowdown in China’s economy caused undue apprehension to investors and contributed to a nausea-inducing rollercoaster ride which began last July and has continued until now.
Over the last few months, I've read compelling arguments supporting lower oil prices. Many oil producers continue producing oil just to meet their debt obligations, no matter what the price. Saudi Arabia is losing its influence as a functioning cartel, and it's...
Against the backdrop of ongoing geopolitical and financial market uncertainty the Chinese central bank has continued to add to their gold holdings in an effort diversify the reserves further. As reported by Bloomberg, China, the world’s biggest producer and consumer...
July 7, 2016
Under certain circumstances, seemingly decent human beings are capable of horrific things. So it is with Former Federal Reserve Chairman Alan Greenspan, who parlayed his sound money bona fides into the top post at America’s private banking cartel and current issuer...
Two short months ago it was generally expected that US interest rates would rise for the balance of the year — a move made possible by steady economic growth and general global stability. Here’s a representative piece of reporting from early April:
GOLD BUYING amongst private investors in the developed West raced to the fastest pace in three years amid last month's Brexit referendum and financial shock.
The fallout from Brexit continues and financial uncertainty can be seen in the markets as the British Pound continues to come under pressure. Furthermore, a growing number of property funds in the UK are freezing redemptions. The Telegraph’s Ben Marlow draws some...
July 6, 2016
Did you know that on June 30, 2016 Sweden’s largest gold distributor TAVEX had their bank account closed by Skandinaviska Enskilda Banken (SEB) stating that it was a “general business decision”. This billion dollar business just had its doors slammed shut as...
On June 16th I wrote an article titled: Do Not Be Fooled By Gold’s Rise! Since then a lot has happened in the markets including Brexit which has resulted in the price of gold rising higher and sustaining. Even former Federal Reserve Chairman believes in the return...
Most rational people with some knowledge of economic history will realise that the US$ will eventually be the victim of hyperinflation. The hard reality is that whenever money can be created in unlimited amounts by central banks or governments, it’s inevitable that...
Gold surged on the Brexit vote a week ago. And consequently spent the early part of this week consolidating the gains. The net gain since the Brexit vote has been impressive, but Gold has still not regained the intraday high from the day after the Brexit vote. Since...
Since 2013, many have called me a gold hater. Many have even claimed that I was a shill for the “manipulators” to provide some smoke and mirrors as to why gold was going down. Many have continually claimed that Elliott Wave does not work, and that the only reason...
Last week my friend John Mauldin, chairman of Mauldin Economics, released a special Brexit edition of his popular investments newsletter Outside the Box. In it he shared a post written by geopolitical strategist George Friedman that describes a recent meeting among...
Safe haven gold continues its strong showing as plummeting interest rates and shaky global equity markets are creating a strong bid in this market. Gold pushed up towards last week’s high and in the process pushed through yet another overhead resistance level in the...
With gold prices having risen by 24% in dollar terms already this year, UBS analyst Joni Teves declared in a note to clients yesterday that “gold has entered a new phase”.