There are strong indications that the remarkable run up of asset prices in the last few years is beginning to run out of steam and may be on the verge of collapse. We will leave aside the question of whether the asset inflation is symptomatic of a garden-variety...
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.
October 17, 2014
The first round of QE began in March 2009 and after 5½ years, the Federal Reserve’s bond buying program is coming to an end. Since the QE program boosted confidence, combated deflationary forces and sparked an epic bull market on Wall Street; it is hardly...
October 16, 2014
Stocks bounced earlier today because a NON-VOTING member of the Fed, James Bullard said that the Fed cannot “abide” the drop in inflation expectations. Setting aside the fact that Bullard DOESN’T VOTE with the Fed and so has no REAL SAY in anything that happens...
Gold climbed $4.40 or 0.36% to $1,237.80 per ounce and silver slipped $0.03 or 0.17% to $17.43 per ounce yesterday. Gold’s now nearly 5% above its recent lows and is again acting as a hedging instrument in investment portfolios after sharp falls in stock and many...
The world as we knew it changed after the dot-com crash of 2000 and especially after 9-11. National debt zoomed much higher. Stock markets crashed. The Fed introduced more “stimulus” and helped create a housing bubble. Government became larger and more intrusive....
October 15, 2014
In an article in the UK's Telegraph on October 10, veteran economic correspondent Ambrose Evans-Pritchard laid bare the essential truth of the nearly universal current embrace of inflation as an economic panacea. While politicians, CEOs and economists talk about...
The 2008 crash was a warm up. Many investors think that we could never have a crash again. The 2008 melt-down was a one in 100 years episode, they think. They are wrong.
There is no better way to force every remaining “gold bug” to abandon ship than to have gold sink below the obvious major long term trend line. If this does take place there are many who will adamantly state that the “manipulators” are responsible for this decline....
Unfortunately the gold bugs today cannot keep inflation down by buying gold and silver thus removing a portion of excess dollars from the U.S. economy! It would be a real boon if possible for everyone by keeping a lid on inflation which is caused by too many...
After President Nixon’s gold default in 1971, many people advocated a return to the gold standard. One argument has been repeated: consumer prices are rising. While this is true, it wasn’t compelling in the 1970’s and it certainly doesn’t fire people up today....
October 14, 2014
Ever since the world suffered a near collapse of its economic and financial system in 2008, investors throughout the world have purchased physical gold in increasing volume. However, if you lived in the United States… the opposite is the case.
The referendum for the Swiss Gold Initiative is scheduled for November 30th and the propaganda war - between the Swiss National Bank (SNB) and the Swiss Parliament on one side and the Swiss People's Party (SVP) on the other - has begun and we expect it to escalate...
It’s the dawn of another day in the worst month of global stock market “crash season." Long ago, I defined global stock market crash season as the August 7th to October 31st timeframe. Investors who fail to exit general equity market positions by August 7th each...
The biggest issue for maintaining the Euro has been one of political tension. In the US, politics takes a backseat to economics. If the economy goes into the toilet, there are political repercussions. This is because the US Government as bloated as it is, comes...
The price of gold rebounded from its 15-month low last week to see its biggest weekly gain in four months. After failing to break below a key support level at $1180 an ounce the price of gold rallied higher for the first time in a long while last week, with gold...
Numerous globally recognized stock analysts and sage market pundits are voicing bearish opinions of the possible forth-coming crash in major stock markets. Here are a few bearish predictions.
In the last issue of this publication, I warned that the Dow Jones Industrial Average and several other key U.S. equity markets had completed a monthly Key Point Reversal top in the month of July. As I have written on several occasions these reversals, whether highs...
October 13, 2014
Years ago when I set out to study huge growth patterns in markets -- more commonly known as "bubbles" -- I discovered a remarkable timing signature common to every single one of these patterns:
The equity markets are finally seeing action that has even the most hardened bulls running scared. In the past, I’ve been quick to dismiss selling periods – Cycle Lows – as natural regression-to-the-mean events. In a bull market, an oscillating Cycle pattern of two...
Three years ago in early 2011, I cautioned my readers to be careful to chase gold and silver higher as it was moving parabolic. Now it is oversold and ignored. Be careful now of parabolic rises in the S&P500 (SPY), Long term US Treasuries (TLT) and US dollar (...
Last week we saw a continued selloff in energy stocks and a slump in commodity prices, specifically oil. In light of this, I’ve highlighted some key points I made during our latest webcast that might offer investors some clarity and insight into our management...
Ever since 2008, anytime stocks began to collapse sharply, “someone” stepped in and put a floor under the market. In 2010, the S&P 500 staged a death cross, where its 50-DMA broke below its 126-DMA (the half year moving average). Stocks were in a perilous state...
I’m going to divide this Weekend Report up into two parts, the stock markets and the precious metals complex. Both of these markets are on the move right now so we need examine them for clues to see if this is just a short term trading strategy or something more...
October 12, 2014
Once a year I have a physical. My blood work came back and I’m normal except I have high cholesterol levels. My doctor wants me to take a cholesterol lowering drug, but for reasons I’m not going into here I don’t want to. A year ago when I was screened for my...
On September 20th, we posted a warning article to our subscribers. “HIGH ALERT!!! The stock market sits at a very precarious place this weekend. There are important and rare technical indicators that are contemporaneously telling us that a major stock market top is...
October 11, 2014
A wild week as markets began to act very sloppy. Wide and loose action with large daily swings is rarely a good thing and we are now beginning to break lower. I’m still not sure just how deep this correction will go…but 200-day moving averages are coming into sight...
The Federal Reserve tried to fix the U.S. economy by Quantifornication - stimulus measures. Investors reacted to the Fed's unconventional efforts. Since the U.S. dollar is the world’s reserve currency and precious metals are priced in dollars they bought gold and...
Miscellaneous, with a central not-so-apparent binder. Do they relate to gold and silver? In a way, yes. At the end of September, Yahoo ran a picture of Putin along side of Stalin. No too much in the way of suggestive association at play here by the media intent on...
Since our major buy signal on USD in 2011, both gold and silver have declined substantially. And now, the dollar is testing upper resistance, and upon a successful breakout, could affect the metals for a very long time to come.
October 10, 2014
Gold closed last week below $1200 for the first time but has since rebounded from support at $1180. Silver has also rebounded but only after declining in 11 of the past 12 weeks. Precious Metals endured a very rough September and became very oversold. With Gold near...