Call us Gold Bugs if you wish - it's OK - really. We have a firm belief that the precious metals, Gold and Silver, are the only real money on planet Earth. We also believe the metals are in a secular bull market that has several more years to run. Yes, holding these...
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.
February 16, 2015
Florian Grummes from Munich has been studying and trading the gold market since 2003. In 2008 he started publishing a bi-weekly extensive gold analysis containing technical chart-analysis as well as fundamental and sentiment analysis. Since 2011 the pro aurum group...
The pullback in Gold continues and price has dropped below the 50 day exponential moving average (EMA). Volume continues to decline which supports our premise that this is a pullback and not the start of a new downtrend. Remember that in an uptrend we want to see...
February 15, 2015
Over the last three years, many have presented quite strong fundamental arguments that various factors would certainly cause the metals to immediately skyrocket to new heights. They have pointed to increasing demand for metals in countries such as Russia, China and...
The huge difference between what the WGC/GFMS describes as Chinese gold demand and SGE figures, is all a question of statistics and how they are interpreted and what is actually classified as ‘consumption’ or ‘demand’
Returning to the latest World Gold Council (WGC)/GFMS Gold Demand Trends report, which puts mainland Chinese 2014 consumer demand at a mere 814 tonnes together with the Shanghai Gold Exchange (SGE) overall withdrawal figures (around 2,100 tonnes) – assuming both to...
Electrical Power Demand (EP) is my favorite economic series. EP is measured in kilowatts; a unit of power designed by engineers and not subject to hedonic adjustments by government funded statisticians. If the economy is growing, the demand for EP will increase....
February 14, 2015
Markets and stocks acted great all week. But later on showed a change in behaviour to positive…so I’m moving back into stocks now – however a bit slowly. I’m mainly focused on leading stocks, which have reported great earnings and demonstrated an earnings gap....
Long term – on major sell signal since Mar 2012 when $HUI was at 550. Short term – on sell signals. Gold sector cycle – down as of 2/07, ending the up cycle since November.
With the negative interest rates deposit holders might be opt for paper money (notes) instead of digital money (digital wallet, bank account)! Which could bring down the fractional banking system because as we know of every $100 you deposit in the bank $90 is...
The changes going on in the world continue to accelerate, but changes that directly relate to gold and silver are hard to find and correlate to developing price activity. This was addressed in the first two paragraphs of last week’s article, Forget The News, so...
February 13, 2015
Global capital is looking for a place to hide. But after decades of enthusiastic currency creation and financial engineering, there's way too much of it for any one country to accommodate. This mismatch between money knocking at the door and available space is...
For the most part positive fundamentals (for gold mining companies) refers to rising Gold prices. However, this neglects the things under the surface which can affect margins as much as headline prices and in some cases more.
US T-Bond, Crude Oil, Gold Bull Signals, Silver Bull Signals, GDX & GDXJ analysis via videos.
Central bank gold buying surged another 17% last year as countries outside of the Western hemisphere continue to stockpile the only currency with no counterparty risk.
For 13 years, I have watched one of North America’s largest bullion dealers – with unquestionably, the most viewed website – spew anti-gold propaganda day in and day out, going out of its way to bring every imaginable negative viewpoint to bearing. And not only...
Gold’s sharp early-year surge has fizzled in recent weeks as investment demand faded. The primary reason is the universal belief that the Fed’s upcoming rate hikes are very bearish for gold. Higher rates will make zero-yielding gold relatively less attractive,...
One of the most compelling ratios describing the true nature of the current economic-financial state of affairs is the current relationship between labor force participation and corporate profits. Labor participation is at historic lows at a time when corporate...
February 12, 2015
Let us go straight to the key message. The long-term gold chart is flashing a “buy” signal based on the technical indicator “MACD.” The chart below says it all. Mind that this is a monthly chart, which means it looks at gold from a long term perspective. This chart...
It's PEACE! Russia and Ukraine have reached another cease fire agreement (maybe their 5th?) which will begin Sunday. Let’s see if this one holds? Ukraine cannot continue hostilities without the U.S. supplying them. What will U.S. reaction to this agreement be?...
Despite some improvement from their November/December 2014 lows, gold stocks remain depressed. I use the word depressed because that is the only way one can describe it even though the gold stocks as represented by the Gold Bugs Index (HUI) are up a stellar 28%...
Here's the conclusion of our 2014 gold forecast: "Based on the small historical sample size, which is all we have to go on, you should ignore the predictions that gold will zoom straight back to its 2011 top.
February 11, 2015
After over three years of this corrective market action, I am sure those bullishly inclined are worn to the nub. I am sure you have completely run out of patience. I would not be surprised if you have even yelled at your charts, screen, or investment account at one...
I cannot agree with those who state that the bear market has ended and a new Bull has begun! As a metals dealer, I simply do not care if the price goes up or down, neither benefits me more or less as some might write and that we benefit as the price goes up, I do...
As you know, I am in the camp that the West, led by the US is and has been pushing for war. War to create more debt for the banks to skim from, and to retain/prolong the power of dollar hegemony. I also believe China is not looking for a war and neither is Mr. Putin...
Let’s investigate the technicals of platinum using the weekly, monthly and yearly charts.
This year has started brightly with gold, silver and the miners all posting sharp gains. This sudden move upwards brings with it much jubilation with many believing that the illusive bottom is now in and therefore behind us. One day they will be correct with this...
Gone are the ZIRP days – the ‘Zero Interest Rate Policy’ is being replaced by negative interest rates in various countries. ZIRP is a form of financial repression, where savers earn less than the inflation rate to discourage saving. Pundits suggest the U.S. has...
GLD DAILY - We are on day 26 (trading days) from the previous daily cycle low, they average 25 days, so we should be close to a bottom.
February 10, 2015
We might be seeing the first signs of the start of an impulsive move higher in gold.