The gold price gets summarily reversed after mainstream financial media touts. Why of course the MSM noticed gold’s flirtation with all time highs.
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 5, 2023
Gold finally made its historic breakout last week and the price is hovering around $2100 as the week begins. Gold has measured upside targets of $2300 and $2500.
For those who check the gold and silver prices when the markets open in the far east (which occurs on Sunday night in the US time zones), there was quite a bit of excitement as gold spiked over $2,140 while silver moved to within shouting distance of the $26 mark....
December 4, 2023
How much do you think your gold and silver are worth?
It's natural to value that worth in Federal Reserve note dollars since you paid a certain price in those dollars for your coins and bars. That keeps it simple.
Expectations for gold to move higher in price are often tied to worsening inflation and a possible collapse in the U.S. dollar. That sounds logical and there is historical precedent to support such expectations; but, some clarification is necessary first.
The primary stages of grief include: Denial, anger, bargaining, depression and finally, acceptance. When it comes to grieving over the slow demise of the American economy, sovereign IOU/USD and the absolute failure of our “re-election-only-focused” policy makers,...
In this week's episode, Mark looks at "All-Time Highs" in such things as stocks, real estate, and stock indexes. Housing prices hit an all-time high this week, and gold is not far behind.
Gold closed the week at an all-time high on all time frames. We talk to @GregoryWeldon about the current drivers, near-term upside potential, Silver and how to handle a raging bull market.
Gary Wagner, the editor of TheGoldForecast.com, joins the show, and we discuss the current trends in gold and silver and their implications for investors and the global economy.
December 3, 2023
They don’t ring a bell at the top, as the saying goes, but it’s hard to see how Mr. Market can avoid it this time. The stock market’s heedless, nutty short squeeze since October will end when Microsoft hits $430, probably early in the new year. It’s that simple.
What a difference two weeks can make in the market! Not all that long ago, I was trashing the old-tired bulls on Wall Street for not having what it took to have the Dow Jones close in scoring position (BEVs from -0.01% to -4.99%). I take a week off, and in my next...
And so for Gold, as the expression goes, “Santa came early this year.” In settling the week yesterday (Friday) at 2092, February Gold (the current “front month”) en route traded to as high as 2096, +7 points above the prior “front month” 2089 All-Time High that had...
As trading for the final month of 2023 kicks off, the gold market is pushing toward a historic breakout. The monetary metal rallied to $2,060 an ounce on Wednesday, marking its highest close of the year. It then gave back a few dollars on Thursday. As of this Friday...
December 2, 2023
Gold sector cycle is up. Trend is up for gold and gold stocks, and down for USD. A monthly close above $2000 confirms a major breakout, with no overhead resistance.
In October, the Conference Board LEI experienced its 19th consecutive monthly decline. This prolonged downturn, only surpassed during the 2008 and 1974 bear markets, strongly signals an impending recession.
December 1, 2023
While looser monetary policy may seem bullish in the short term, the medium-term ramifications could upend the yellow metal.
The mid-tier and junior gold miners recently finished reporting their latest quarterly results. These smaller producers are fundamentally-superior, in the sweet spot for upside potential in major gold uplegs. Indeed their Q3’23 operational and financial results...
While the subject of this article, the ratios of the main Precious Metal stock indices to the price of gold, may seem rather dry and statistical and thus boring, if you are interested in weighing up the prospects of making serious money in the PM sector going...
Here are today's videos and charts.
First off, despite the pain and agony endured by long-term holders of gold stocks, it is a bull market and it has been a bull market since the January, 2016 low (with bull market defined as a series of higher highs/lows).
U.S. Senator Bob Casey (D) recently released the “Special Report on Greedflation.” This publication attempts to explain high inflation by an appeal to corporate greed, and it further proposes policies on how to deal with greed. As one could imagine, this report is...
Many economists believe that inflationary expectations cause general increases in prices. For instance, if there is a sharp increase in oil prices, people will form higher inflationary expectations that set in motion general increases in the prices of other goods...
Both gold and silver have experienced a significant rally in price over the last month. But with gold above $2,000 again, while silver's over $25, will the rally continue?
Gold is breaking out and at the start of a new secular move. This implies the stock market and the Nasdaq, which Bitcoin follows, will be in a secular bear market soon.
November 30, 2023
Commencing from the low on October 6th at USD 1,810, the price of gold surged by nearly USD 200 or 11% in the subsequent three weeks, reaching USD 2,009. A two-week retracement brought the prices back to the 200-day moving average (back then at USD 1,933) by mid-...
As the price of gold continues to flirt with the psychological resistance of USD 2,000, having gained a respectable 8.3% over the past year, mining stocks have failed to yield returns. Mining Stocks – Unpopular Yet Promising.
For over a year now the main topic of discussion has been regarding the likelihood of a “hard landing” versus a “soft landing” for the US economy — based on the actions of the Federal Reserve, which controls the money supply and interest rates.
Are the chickens coming home to roost for the US Treasury? As Ryan McMaken noted in a recent Mises Wire article, the United States is in a debt spiral and there’s no easy way out.
Matterhorn Asset Management, AG partner, Matthew Piepenburg joins Kai Hoffmann, CEO of Soar Financially, to follow-up on core themes discussed earlier in the year. Sadly, the trends previously addressed in May (sovereign debt spiral, Main Street pain, recessionary “...
November 29, 2023
We got the silver signal, we saw the analogy to the previous low-CPI-number surprise, and now we have this. We have a situation in the USD Index that is a screaming buy alert.