Gold sector is on major sell signal. Cycle is up. A tradable bounce is in progress but upside should be limited. Silver is on a long term sell signal and investors should be in cash or short. Short term is on buy signal and traders can play for a corrective bounce....
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.
October 24, 2015
October 23, 2015
We published a video update a few days ago discussing the short-term outlook for the precious metals sector, which includes the gold miners. With regards to the miners, we took the view that they could digest recent gains and hold support or break lower and trade...
Market Technical Analysis via videos
Market action on Thursday lifted in to the High Probability Target Zone published in TRIGGER$ on October 1st.
We will no doubt look back upon the current era as the "crime of the century" for so many different reasons. Actually, current times represent the worst financial crimes of ALL TIME! The various crimes and how they are operated are too numerous to list and would...
My two “Gold Is Not Money” articles provoked numerous disagreeing responses, the majority of which were polite and well-meaning. Despite presenting various arguments, these responses had one thing in common: they did not offer a practical definition of money that...
John Butler was interviewed by Mark O’Byrne about gold and the vitally important but little covered aspects of investing in gold such as – higher allocations, how to geometrically dollar cost average, re-balancing gold and of course geographic diversification and...
October 22, 2015
It’s hard to say which lie about gold is the biggest whopper. Many widely held beliefs about gold are lies – propaganda hammered home to have us believe the only true measure of wealth is government-issued debt. Big Lie #1: Gold is a barbarous relic.
Many short sellers of Weight Watchers no doubt felt too down to look in the mirror this week after company stock unexpectedly ballooned nearly 170 percent.
There are signs that the US dollar, instead of consolidating the sharp rise that peaked last March, might be reversing its previously rising trend. Certainly, a weakening dollar fits with the Federal Reserve Board deferring attempts to raise interest rates from the...
Suppose you plan to buy gold, hold it 10 years, and sell it at the end. Is it more cost-effective to buy physical metal, store it, and sell it at the end? Or are you better off buying futures? It’s easy to calculate the cost of physical metal. If you buy at $4 over...
The Central Banks hate physical cash. So much so they there will likely try to ban it in the near future. You see, almost all of the “wealth” in the financial system is digital in nature.
Recent research has begun to cast some doubt upon the inflation hedging capacity of gold. The inflation experience over the last 40 years, since gold began to float freely, has been very mixed. In the 1970s we were concerned in relation to inflation, perhaps even...
October 21, 2015
The markets have surged in the last week based on hype and hope of more QE from Central Banks. This view is overlook the fact that EVERY collapse follows a pattern:
Today, Americans biggest fear is the corruption of our “crony” government officials! It is no wonder that Trump is leading the polls, an outsider telling the world what he will do if he were the next President. “The mouth” professes that he will give them all a “...
For many years I have written about "debt saturation" being the ultimate problem and the end game to the current system. Back in 2007 I wrote how we were facing a solvency problem rather than a liquidity problem. When the Treasury and Fed treated the 2008 debacle...
The US Dollar Index hit a low in 1995, a high in 2002, a low in 2008, and a recent high in 2015. Examine the following 20 year chart of the dollar.
The silly and somewhat insane uber Keynesian “Trillion Dollar Platinum Coin” appears to be now firmly off the table. The US Congress has once again ruled out the possibility of issuing a “trillion dollar platinum coin” floated as a possible solution to the looming...
October 20, 2015
There are two ways to run a gold mining company. One respects the simple fact that it is producing money. It is not eager to trade…it’s the money it produces for government paper, legal tender laws be damned. It keeps its books in gold, and produces and trades to...
What has always fascinated me is how people react counter-intuitively when it comes to financial markets. In our everyday lives, we are so focused on finding the best prices for anything we want to purchase. We expend a significant amount of effort into finding the...
Feels like 2011 all over again. The Dow Index is tracing a pattern that bears an uncanny resemblance to the one set in 2011. History could be repeated again; the Dow could be ready to rumble instead of being taken down for the count.
As you can see on the attached daily Gold Chart, we have reluctantly decided to label the 1191.50 high as the end of wave ^iii^, and the current corrective setback being wave ^iv^. In the overnight session gold reached a low of 1167.30. What is clear to us that the...
Canada has a new Prime Minister. His name is Justin Trudeau. “Trudeau has pledged to run small budget deficits and spend on infrastructure to stimulate economic growth, which has been anemic for years. He has also promised to raise taxes on high-income Canadians and...
The stock market crashes were – alongside the devaluation of yuan – the most important recent developments in China. The stock market started rising during the summer of 2014, when the property market started to burst. The timing is no coincidence, as the government...
Gold is looking likely to finish the year positive for the first time since 2012, according to Frank Holmes writing in Forbes today. Holmes points to the weaker US dollar, the probability of near-zero interest rates for the remainder of the year and a seasonal...
October 19, 2015
One of the greatest con jobs in history was convincing ordinary people that Central Bankers care about the “economy” or Main Street. Aside from the complete lack of relevance that Main Street has for Central Bankers from a professional perspective (more on this in a...
After its stellar performance last week, gold might do something it hasn’t done since 2012—that is, end the year in positive territory. Responding to a weaker U.S. dollar, continued contraction in global growth and wide speculation that interest rates will stay near...
The price of gold has been range-bound from the low $1200s to the upper $1000s per ounce since early February of 2015. There is one simple reason for the low volatility and lack of significant price movement for the most precious metal over the past eight months:...
Gold and silver markets enter this week on improved technical footing. The precious metals each rallied above resistance levels last week as disappointing economic data stimulated safe-haven buying.
The following 15 investment gurus are eminently among the wealthiest men worldwide. And although their vast wealth was not built primarily from gold investing, nonetheless all use gold as the perfect store of value with a view to preserve purchasing power vis-à-vis...