"The first rule of mainstream financial journalism and, particularly, financial journalism about gold is never to put a specific critical question about the monetary metal to any of the primary participants in the gold market, central banks. That is, nearly all gold...
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.
March 14, 2014
Chart Analysis Gold Fibonacci, Silver, GDX & GDXJ via videos
Gold’s strong rebound upleg this year has been driven by big gold-futures buying. After abandoning gold last year, American futures speculators are returning to the yellow metal in droves. These capital inflows are a very bullish harbinger, as major futures buying...
So far in 2014 we have been seeing both stocks, gold and bonds move higher. Sure this is great as many of us hold some of each asset, but should you be letting go or getting ready to sell your equities to avoid a market correction. And if so, where should you put...
According to Garet Garrett in his book "A Bubble that Broke the World" Cheops employed 100,000 men for twenty years to build his great pyramid, "and all he had for 600,000,000 days of human labour was a frozen asset." Cheops's distortion of the Nilotic economy was...
BIG PICTURE – Monetary policy remains accomodative and housing is rebounding in the developed world. Consequently, business activity is improving and this is being reflected in the related stock markets.
March 13, 2014
Just when you thought the last of the big institutional banks were ready to throw in the towel on their bearish metal forecasts, yet another one has joined the ranks of the gold bears.
Lately we’ve been writing about why we expected the rebound in precious metals to continue without any serious setbacks. After a major low, sentiment can remain muted for several months even in contrast to the improving market action. Yet, a look at history shows...
China is the most populous country in the world. It is now the world’s second largest economy and there are many that expect China to become the world’s largest economy surpassing the US by 2030. China has been recording 8-10% growth rates almost continually for...
Russia’s parliament is considering measures that would allow the property and assets of European and U.S. companies to be confiscated in the event of sanctions being adopted against Russia over its threatened military intervention in Ukraine?
As the gold and silver markets turn the corner and move back to the uptrend, mining companies are recovering quite nicely. Ahead of the ‘credit crunch’ in 2007, the common belief was that almost any mine was a good investment. Since then, many investors have learned...
Precious metals boosters will see gold’s nominal price break upward and probably get excited. They will marshal the troops for what could one day turn out to be a full-fledged tout, as if the 40% decline of the last 2.5 years had never happened.
“Today, the difference is that the sellers are exhausted, and physical demand is catching up. One of the numbers we are looking at is the quantity of registered inventories on the COMEX for gold. That’s the amount of physical gold that is available when someone asks...
March 12, 2014
This collection of charts is for those who do not like a lot of verbiage to justify an investment decision -- just the facts. Two primary themes drive the specific chart selections presented here: First, it is clear that none of the factors which caused the...
On Tuesday, crude oil lost 1.39% as concerns over a slowdown in China and rising U.S. stockpiles weighed on the price. Because of these circumstances, light crude declined below the psychological barrier of $100 per barrel for the first time since mid-February.
Bear markets can be devious creatures. They start off with a lot of emotion, usually some type of euphoria and excessive optimism at the top. But underneath it all the market is typically thrashing, making volatile swings as buyers are piling in at the wrong time...
Capitalism, the bankers’ three hundred year-old ponzi-scheme, is a balancing act between the bankers’ credit and everyone else’s debt. In its optimal state, credit creates sufficient growth to pay society’s constantly compounding debts. When unable to do so, debt is...
March 11, 2014
The rally in gold that began in January has stunned most money managers. They were predicting a horrible year for gold in 2014, and a great year for US stock markets. So far, they are dead wrong.
Forget about the liquidity trap. We’re looking at the deluxe version of that rare economic situation and, ironically, the Fed has trapped itself. How? Through the odd combination of being too successful with its plan to reinflate risk assets everywhere and its...
Gold peaked in August of 2011 and fell erratically into December 2013. Was that the end of the collapse, or is there more downside coming in gold prices?
Geopolitical Tension, Government Corruption and Central Bank Money Printing all have the same result – Currency Devaluation. Even though continued tensions in Ukraine gave a boost to gold prices in yet another turbulent week for the yellow metal, the upward momentum...
For those investors who have grown used to the relatively minor geo-political crises of the past few years, the developing situation in the Ukraine and the Crimea must come as an unexpected communiqué from the early 20th Century.There can be little doubt that the...
March 10, 2014
Gold is coming back with a vengeance, experiencing a clear recovery and grabbing the attention of market cynics. Analysts from Noruma Securities even upgraded its outlook for gold, expecting bullion to climb over the next three years, according to Barron’s.
Many investors, especially those new to precious metals, don't know that gold is seasonal. For a variety of reasons, notably including the wedding season in India, the price of gold fluctuates in fairly consistent ways over the course of the year.
It’s not been a good start to the year for gold analysts. Nomura has just been revising its 2014 forecasts upwards. That’s always a way to make sure you meet your forecast for the year. It helps too if you start by pointing it in the right direction.
Gold went up and silver went down this week. It’s natural for most people to say, “gold went up”, but it’s the most unnatural phenomenon. The dollar is paper scrip issued by the Fed. The fine print tells you that it’s irredeemable, which is like a promise to give...
Charts are telling me that 2014 should be a great year for Commodities and Miners and I expect a period of financial market turmoil for the US Market. I believe that we are very close to an important corrective move as the Market is due to top in March 2014. The...
No one knows with absolute certainty, but IMHO it is ludicrous to be long Wall Street stocks in this volatile environment. There are three compelling factors that force this analyst to be adamant in warning investors today of the looming danger of a sharp...
This year of 2014 marks an important centenary, not only as the 100th. anniversary of the beginning of the ghastly war to end all wars (the 100 year cycle is an important war cycle, as it is for most other cycles), but also, for the collapse of the international...
March 9, 2014
Over the past two or three weeks, indicators have displayed more and more urgent warnings that a short-term reversal was coming, with Friday’s market action adding perceptively to that possibility.