Gold and copper have both been on a tear lately for different reasons. Here we discuss why, and offer our predictions of where the gold and copper markets are heading.
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.
December 12, 2023
The people behind Joe Biden know the President has a political problem when it comes to the U.S. economy. Americans are painfully aware of the rampant price inflation. Small businesses which survived the COVID era lockdowns are still struggling. And despite a string...
December 11, 2023
The implications are so crystal-clear that I’m not sure if it’s even needed to describe them. But I’ll proceed, nonetheless.
Chris Vermeulen, Chief Market Strategist at The Technical Traders, is back on the show. During our conversation, we dive deep into the recent movements in the gold and silver markets. With rates going up, investors are becoming more interested in safer assets that...
Mr. Slammy strikes again apparently, and maybe he has indeed. On the other hand, gold hit new all time record highs specifically while money supply in the banking system continues to deflate at a record pace as well.
We thought Gold was on its way after convincing weekly and monthly closes, but it put in a bearish reversal at $2100. Silver put in a nasty reversal at $26.
December 10, 2023
As mentioned in my last article back in mid-November, a mid-term upward phase was deemed to be in force for Gold, with the ideal path looking higher into the Spring of next year. Having said that, there will be the normal correction phases in-between, the second of...
Well, after appearing to be set for a big breakout, the gold market has settled back into a trading range -- at least for now. Gold had posted a new all-time closing high on a monthly as well as a weekly basis last week.
Misfortune for the stock market is well overdue to ensue, with respect to Gold, calamity is descriptively apropos following the second consecutive daily record high of 2152 achieved this past Monday (04 December) … following which it all went a bit wobbly, price...
This week, the Dow Jones in its BEV chart below closed above last week’s close, by 0.01% BEV points, or up $2.37 from last week. Not much of an advance, but it wasn’t a decline either. So, we’re only 1.50% BEV points from the Dow Jones’ last all-time high, that is...
December 9, 2023
PM sector investors have just been royally played – first they are encouraged to pile in on gold’s breakout to new highs, which occurred when it was already very overbought, and now they are being pressured into barfing their holdings before the sector turns around...
Gold has pulled back after a mini-blow-off on Monday that followed a new monthly and weekly all-time high.
Our proprietary cycle indicator is UP. Current data favors overall higher prices. Our ratio is on buy signal. The weekly time frame has just turned positive.
December 8, 2023
Gold just achieved a new nominal record close, its first in several years! This pivotal technical milestone is super-bullish, unleashing widespread interest in this leading alternative sector. Traders love chasing upside momentum, and the financial media’s...
Here are today's videos and charts.
Evidence of a severe recession that has already begun continues to build, and the cause is clear. As you can see in the following graph, money supply fell again in October and its “growth” has, during the Fed’s current quantitative tightening (QT), gone negative,...
Many people believe that a general increase in stock prices is an important factor in economic growth. However, this is a questionable observation.
December 7, 2023
Some say that war never changes, and in some aspects, that’s true. But markets’ reactions to war are also remarkably similar.
The Polish central bank has bought roughly 300 tons of gold in recent years to bring its gold to GDP ratio in line with the average in the eurozone. For medium and large economies in the eurozone, to which Poland might be included in the future, an equal monetary...
Never mind that a soft landing is more myth than reality, at least in the boom/bust age of Inflation onDemand birthed by Alan Greenspan well over two decades ago. Let’s see how Friday’s November Payrolls report shakes out, but in the interim this morning is another...
Manufacturing has always been an integral part of American life. Paul Revere opened a foundry that produced bells and cannons following his famous midnight ride. Henry Ford’s assembly line made cars affordable to the masses. And U.S. industrial might helped win...
The gold price is off of its all time highs that it set on Friday of last week, and again on Sunday night. But it's still trading over the $2,000 mark, and about $200 higher than where it stood during early October.
December 6, 2023
After the rather dramatic reversal in gold and silver yesterday it is clearly in order that we review their charts as soon as possible to consider what this action portends.
Money supply growth fell again in October, remaining deep in negative territory after turning negative in November 2022 for the first time in twenty-eight years. October's drop continues a steep downward trend from the unprecedented highs experienced during much of...
An update on Gold vs. the conventional 60/40 portfolio. Gold needs to outperform and trend higher against this portfolio to be in a secular bull market. It is very close to doing so.
Following the spike in gold and #silver prices on the far east open in Asia on Sunday night, both metals have sold off through Monday and Tuesday.
December 5, 2023
Gold stock enthusiasts who did some selling into the $2080 gold price area should now focus on buying at $2010, $1985, and $1928.
The huge rally in gold and the monstrous decline that followed provided a sign of epic proportions.
The market presents investors with a game based in psychology. However, most market participants are much too interested in what the Fed is doing, or what the CPI is going to be, or what unemployment will do to the market to even realize they are not playing the...
Gold climbed to the highest since May as the dollar weakened ahead of Treasury auctions that are expected to indicate whether the U.S. bond market is set for a meaningful revival. Bond yields extended declines on Monday after weaker-than-expected U.S. new-home sales...