It does not feel like Gold has held up well due to the poor performance of Silver, miners and juniors. But after the second sharpest Fed tightening cycle of the last 45 years and sharp increase in real interest rates, Gold is only 7% from its all time high. In the...
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.
June 27, 2023
De-dollarization is here, and it’s boosting gold bug morale in a major way. Gap enthusiasts may want to see the March gap filled before eagerly buying more gold. I’ll also note that the 14,5,5 series Stochastics oscillator is not quite oversold.
The best performing precious metal for the week was gold, but still down 2.11%. Despite a "brutal week" for gold, it managed to find support by Friday, indicating a possible floor for the price. Swiss gold exports surged, particularly the shipments to India. This...
I saw an article published this past week, which attempted to outline 9 “black swans” which the author surmised would kill the rally we have been seeing of late. As the author noted, “black swan events are inherently unpredictable but it's important to be prepared...
June 26, 2023
Classic. Informative. Just plain beautiful! That’s what gold’s, silver’s, and mining stocks’ Friday’s verification looked like. The rally that we saw early on Friday might have triggered some ‘bullish instincts’ among those that haven’t been looking at the trends...
The latest gold analyses have shifted to a more accommodative nature regarding the yellow metal’s failure to extend its gains after breaking above $2000 for the fourth consecutive year. Here is a chart (source) that depicts what most analysts and investors are...
Below we consider how modern currency policy may not be so good for, well, the people… This is why gold inevitably enters the conversation, for unlike policy makers, this old pet rock garners more trust.
Inflation is being crushed from the system by vastly larger forces of deflation that have been lurking for decades. Although we might have expected the trillions in funny money that were force-fed into the U.S. economy during the covid era to have a longer-lasting...
Below, we look at gold in a broke(n) world of hubris, debt, Realpolitik and a rising east.
Peter Boockvar, Chief Investment Officer at Bleakley Financial Group, joins the show, and we discuss the current financial turmoil and geopolitical challenges faced by the world.
In today's video I want to talk about investors that get married to a stagnant sector.
We show the charts and data of the stock market declines during each of the past 12 recessions. On average, the stock market makes a peak a few months before the recession and declines sharply until the recession is three to four months from its end. Thus, the...
June 25, 2023
Since my last article posted back in late-May, Gold has seen an in-between bounce - which has given way to the expected lower lows for the bigger swing down. With that action, we are now in the range for the next key bottom to form.
Hawkish posturing from Jerome Powell is putting downward pressure on precious metals markets. The Federal Reserve chairman testified before Congress this week on the subject of U.S. monetary policy. Powell said persistently high inflation remains a top concern. Even...
Five weeks have passed since Gold flipped its weekly parabolic trend from Long to Short, (effective the week ending 26 May). And yet through these recent weeks, Gold really hasn’t seen much sink … until that just past as price is now finally falling from the brink...
Before proceeding, I’d like to remind you that this article is not written by a perma-bear. It is important to have credibility and indeed, NFTRH planned for a potential humdinger of a bear market rally back in Q4, 2022 based on the inputs of then extremely over-...
This week the Dow Jones was down from last week’s close, not so much that it would be noticeable in its BEV chart below. As it has since last November, the Dow Jones is range bound between its BEV -5% & -15% lines.
June 24, 2023
Gold sector cycle is down. Trends are down. COT data supports overall higher gold prices. A correction is in progress but may be ending.
June 23, 2023
The gold miners’ stocks have fallen deeply out of favor a few weeks into their usual summer doldrums. Even contrarian traders have mostly lost interest in this high-potential sector. Their apathy is causing gold-stock prices to languish, creating the best seasonal...
Metals and miners turned lower, and it looks like we will see a little more downside into month’s end. The last two cycles bottomed as we changed months, so I’ll be on the lookout for evidence of bottoming in the final days of June or the opening days of July.
Here are today's videos and charts.
Is it a mistake to believe the U.S. dollar is immune to repudiation until a new global reserve currency emerges to replace it? Could a “death from a thousand cuts” be an interim threat to the status of the mighty dollar?
I have written about the importance of a bear market, recession, and Fed shift for a Gold bull market. But today, I want to be more precise.
We expect the rally in the USDX to continue as we head higher in wave but for the time being we are assuming that wave b is becoming a simple 3 wave corrective pattern.
In this video, Tavi Costa, portfolio manager at Crescat Capital, Joins us today to talk about the current state of the global economy and its impact on the financial markets.
June 22, 2023
For most investors and market analysts today, there is little or no reference to the period 1960-80 as it pertains to gold and interest rates. There are some of us around, though, who experienced it both personally and professionally.
As noted in the previous post, the SPX/Gold ratio is at a time of decision; real or not real? The CRB/Gold ratio, on the other hand, is at a different kind of decision point. One where it will advise whether or not the inflation problem is going away.
Significant moves in Gold and outperformance for Gold against the stock market occur when the yield curve steepens. A steepening curve precedes Fed rate cuts and usually signals a recession.
June 21, 2023
Theoretically, a higher price can indicate an increase in value for a good, a service, a stock, etc. That does not mean that a higher price is always indicative of an increase in value.
I am going to start this update with a presentation as to how we got here for the benefit of those reading my articles for the first time, and I will then take it forward with parameters as to where I think we are going.