I recently finished Tony Robbins’ latest book, “Money, Master the Game,” and I highly recommend it. Many of his suggestions in the book are really simple ideas that everyone knows about, but few execute well. Robbins shines as a personal coach and motivator; he has...
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 2, 2015
The media sensation surrounding various storms of the century has been astounding. Meteorological prediction is complex science to say the least. The fact that 24 hour forecasts have become almost 87% accurate over the years is a testament to modern science – and,...
February 1, 2015
Americans are in big trouble and they don’t even know it. The financial system in which they are totally invested, is heading towards an epic collapse. Printing money and increasing debt (exponentially) are not sustainable business practices. These artificial...
The Shanghai Gold Exchange has reported gold withdrawals for the week ending January 23rd at 70.62 tonnes – a figure on its own comfortably in excess of global newly mined gold over the same period. China watcher, Koos Jansen, describes the volume withdrawn as ‘...
As markets go, they always change and they changed again this past week. Two weeks ago, stocks began to finally act properly and gave us a great week, but then this past week they reverted back to a market of false breakouts and chop.
Now that 2014 has closed, we want to present our view of where markets are headed in 2015 in a series of articles. The year 2015 will be historic, with unusual events and high market volatility. This weekend, Part 4, covers Oil.
As ‘Black Gold’ is the term frequently referring to Crude Oil, while ‘Red Gold’ is occasionally used to refer to Copper. Copper has been in use at least 10,000 years, but more than 95% of all copper ever mined and smelted has been extracted since 1900.
Each year The London Bullion Market Association (LBMA) organises a competition whereby it invites a number of professional analysts, mostly from banks and other financial institutions, to predict precious metals prices for the year ahead. This year it received...
There is only one reason to make an investment: expectations that one will come out of it with more money than one came in. So have gold and silver rewarded investors since 1969, the year when gold first appeared on investors’ radar after being fixed for decades at...
January 31, 2015
Over the longer term, the price of gold and gold equities and stock market prices always move in opposite directions. This is most apparent in their price movements within the Long Wave seasons. I’ll explain it for you one more time. I think that it is so important...
I turned formally bearish near the end of 2013 for the first time since the 2006-08 period. I was early then too. I was also early in 1999. The bearish signals aren’t perfect. The decline in oil prices could still be taken in a bullish light. I agree with the...
Mention is often made that one should wait for confirmation of a particular move in futures before making a commitment, either way. Last week, it appeared evidence was mounting that November could be a possible low for the correction since late 2011. Then, we run...
The mighty dollar had a major breakout after seven years of base building and a twenty year bear market, but many analysts continue to shun the greenback, which reminds me much of the early gold bull market in 2001 and 2002.
As I wrote last time on data from the Shanghai Gold Exchange (SGE), in week 2 of 2015 withdrawals from the vaults of the SGE (that equal Chinese wholesale demand) came in extremely high at 70 tonnes; the third highest amount ever. In week 3 (January 19 – 23), though...
January 30, 2015
"It’s very difficult to make predictions, especially about the future." Former New York Yankee catcher Yogi Berra. When it comes to the financial markets, predicting their futures is compounded by the fact that they are all rigged. (See Ian's Investment Insights,...
Let's have some fun today! For a change of pace I thought it a good idea to think way outside of the box and write about something that isn't possible and wouldn't really matter even if it were true. I'll finish with my wife Kathy's latest portrait of her son...
It was in 1896 when prospectors stumbled across large quantities of gold in one of the tributaries of the Yukon’s Klondike River. Word of this discovery spread like wildfire. And in no time at all prospectors from far and wide set course to get a piece of the...
Economic conditions tend to run in cycles. Pressures build, official efforts are made to contain any perceived bad effects, and at some point, the pressures overwhelm all opposition. The cave-in frequently, but not always, sets pressures in motion in the opposite...
US$, DOW, Gold Bull Flag, Silver, GDX & GDXJ analysis via videos.
If you felt the sting of yesterday’s selloff, take encouragement from the fact that it looks merely corrective on the daily chart. That’s because the recent high at 1307.80 managed to exceed a prior ‘external’ peak recorded back in August before bulls took a...
Back in 2012, Mario Draghi promised to “do whatever it takes” to hold the Euro together. A lot of analysts interpreted this statement in a literal sense. However they are incorrect.
Here is a quick update for the silver surfers out there. I mentioned today that the Australian Dollar was taken out to the woodshed and given a sound thrashing. Silver must have been dragged out there as well because it was beaten with the proverbial ugly stick.
Gold has performed very well under the circumstances of declining inflation and a surging US$ index. Since 2014 the US$ index is up nearly 18% while Gold is up 3%. Since Gold’s November low the US$ index is up over 10%. Had we known that at the time, we’d have...
With the sharp selling in recent days, there is now the potential that another larger-degree peak has been seen in the Gold market. Having said that, this is not set in stone at the present time, and the various time cycles that I track suggest that we should be at...
“If a little is great, and a lot is better, then way too much is just about right!” -Mae West. A comment from my last essay, "Finding The Real Price Of Money", got me thinking about preparing for the eventual crisis.
That - and an experience I had in the ocean.
Despite the uncertainties ahead of the Greek general election, the European Central Bank (ECB) went ahead and announced quantitative easing (QE) of €60bn per month from March to at least September 2016.
January 29, 2015
Can the dollar and gold continue to rise in tandem for long? The last three months have seen a very peculiar dollar/gold anomaly. Since mid-November, gold (and silver) have “acted” very differently. We have seen “outside days” and even an outside week. Gold has...
Gold was unable to rally above $1,300 per ounce. It briefly traded above $1,300 last week, but pulled back earlier this week, and is sharply lower today with a loss of -2.5%. Silver was down 7% to $16.80 at a certain point during the session, platinum fell by 3.5%...
Elliott Wave theorists (and there a lot of technical chartists that follow their work too) argue that gold still needs to put in one last low price before it can be said to have completed the classic wave formation and then power upwards in a big price spike. If so...
In the past [even the recent past] investors have often ‘parked’ their funds in a ‘safe-haven’ currency, when fears about the dollar or other currencies rose. The leading candidates have always been the Swiss Franc and the Yen, with gold, in the last three years...