I warned people that this was setting up for a crash and we're in the early phases of the crash now.
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.
August 18, 2023
August 17, 2023
In a sense, gold’s price in fiat is irrelevant, because it has intrinsic value that is timeless. With fiat money trending ever more rapidly towards becoming utterly worthless, really the only reason that we track gold’s price against various currencies is to try and...
Anticipation for explosive new highs in gold has risen sharply since last fall. After rising above $2000 earlier this year for the fourth year in a row, the gold price has dropped back to the mid-$1900s and continues to tease investors with somewhat lackluster...
Despite the Federal Reserve adding another $2 billion in assets to its balance sheet since August of 2020 (even including their quantitative tightening over the past year), the gold price is still about $150 lower than the peak it reached back then. Which has left...
August 16, 2023
The BRICS bloc is remaining coy about whether a global currency will be on the agenda of its 15th summit, which is set to take place August 22 to 24 in South Africa. Experts from Joseph W. Sullivan to Jim O’Neill to the Council on Foreign Relations warn that a BRICS...
In this latest conversation with Tom Bodrovics of Palisades Gold Radio, Matterhorn Asset Management partner, Matthew Piepenburg, offers his latest assessments on the American economic and political decline.
Volatility in Gold is declining as Gold and precious metals bleed lower. In the past, declines in volatility preceded a bottom in the market and later, a big move.
In this video Gary explains what he thinks is going on in gold as it is pretty clear we aren't done with this intermediate decline yet.
August 15, 2023
Five major fundamental and technical events need to occur for me to issue a major buy alert for gold and silver stocks, and to act on that alert myself. The good news is that all five events are in play today.
There aren’t many bullion investors who haven’t thought about using their stash to buy groceries one day. Most of them bought metal in the first place because they know something important about history. Fiat currencies eventually die at the hands of irresponsible...
It’s pretty simple, the US dollar has been bearish on the daily chart time frame since dropping below the 200 day average (orange line), holding below it and then turning its slope down. Bearish. Period.
In the very short-term Gold and Silver are getting oversold and approaching support levels at $1900 Gold and $22.00 Silver. Our hope is for a very strong rebound from that support. If that does not transpire, then the medium term risk is in play.
Tavi Costa, partner, and portfolio manager at Crestcat Capital, joins us today, and we dive into the current market dynamics. We discuss the potential for inflation to reshape the markets, the outlook for energy stocks in a shifting landscape, and the role of...
August 14, 2023
The best performing precious metal for the week was palladium, up 2.72%, on what might be the beginning of a short squeeze. Palladium had fallen 24% since mid-May, up until a recent rally on news that speculators had taken their short palladium positions to the most...
The Fed has two mandates – Maximum Employment and Price Stability. If we look at price stability, the Fed has failed miserably. The Fed employs 3,000 people in Washington DC of which 300 have a Ph.D. degree.
Is Mr. Market about to deliver the coup de grace to bond bulls? It certainly appears that way. They’ve been getting schmeissed regularly since a frightening few days back in March 2020.
NFTRH subscribers and I have been keeping well aware of the implications of a) USD following its daily chart downtrend, or b) painting the July plunge as a bear trap and going bullish again. We’ll leave the detailed implications aside in this post and simply note...
Deposits in the banking system continue to contract strongly. This is despite the fact that the Treasury's account at the Fed - which has sucked in over half a trillion dollars on net since June - is now spitting dolllars back out into the system.
In today's video we'll check up again on what I think has the potential to be a crash in the stock market.
From a contrary perspective, the lack of bullish sentiment and interest in the precious metals sector is bullish.
Greg Foss returns to the show, and we delve into the real concerns about U.S. debt downgrades and potential banking crises. Learn why hard assets like Bitcoin, Gold, and Silver might hold the key to protecting your wealth in an uncertain financial landscape.
August 13, 2023
The divergence between economic indicators is highly supportive of a recession. I have no idea when it starts, but I’m confident it’s coming. Precious metals may languish into September, but once long-term yields peak, I expect a powerful wave III rally to new all-...
Before we graphically elaborate on this week’s double-entrendre Texas-speak title, let’s be up front as regards a mis-guided inference from a week ago. Therein we wrote with respect to Fitch’s downgrading StateSide credit from AAA to AA+ that: “…it remains to be...
This week the Dow Jones closed in scoring position, just barely. Not much to say about the stock market when the bulls are less than 5% away from making a new all-time high, and don’t seem motivated enough to make that happen.
Precious metals markets are ticking lower this week amid an ongoing summer lull in investor demand.
August 12, 2023
In theory, nothing changed for the precious metals market yesterday, but in reality, it was the opposite, thanks to the signs from the USDX and stocks. Let’s start with the latter.
August 11, 2023
Our proprietary cycle indicator is DOWN. Current data favors lower gold prices overall. Our ratio is on a sell signal. Trend is UP for USD. Trend is DOWN for gold stocks. Trend is DOWN for gold.
The big US stocks dominating markets and investors’ portfolios have surged dramatically higher in recent months. That powerful run has fueled widespread greed and complacency, leaving universal bullishness in its wake. This just-finishing Q2’23 earnings season...
Macroeconomic and geopolitical conditions have investors bewildered. Events which are unfolding look like they may crush the valuations of several asset classes which had enriched investors over the past decade.
Here are today's videos and charts.