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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.

 

January 25, 2024

As the dollar continues to lose purchasing power over time, the price of gold continues to rise reflecting...

What a beautiful reversal in mining stocks! What a tremendous verification! I told you that the head-and-shoulders patterns tend to be followed by verifications, and we just saw one.

The first gold rush in North America began in North Carolina in 1799 after a 12-year-old boy named Conrad Reed found a 17-pound gold nugget. The news spread, drawing the attention of tens of thousands of prospectors to begin mining operations throughout the state....

Economic fallacies are a booming business in an inflationary era. Recent attempts to promote the idea that corporations raised prices in the pursuit of higher profits, creating the last three years’ inflation, are not new.

Did you know inflation is on purpose? Government people would never admit this out loud, but inflation is a tax. They need inflation in order to maintain the borrow and spend system they've set up. 

Florian Grummes is joining us today and we delve into the current trends and future predictions for gold and silver markets in 2024.

January 24, 2024

The nature of the mining business is that metals prices tend to fluctuate. When the price of a particular metal rises, investor interest in that sector goes up, and usually wanes when the price falls. Resource investors naturally gravitate to other metals where the...

Today the US Dollar index (DXY) is pushing extremes, as markets so often do. It is popping through resistance and the SMA 200, just to get TAs and the machines alike riled up.

In the realm of macroeconomics, a legion of PhD economists in central banks passionately contends that interest rates are a pivotal policy tool for managing the economy. Simultaneously, these economists firmly uphold that the Consumer Price Index (CPI) is an...

Select politicians, government officials, economic elites, and experts arriving at the annual World Economic Forum meeting in Davos, Switzerland were greeted with an open letter signed by more than 250 billionaires and millionaires. The signers request their...

January 23, 2024

The Nebraska State Senate will consider a measure that explicitly states that Central Bank Digital Currencies are not money in the state of Nebraska, as well as eliminating capital gains taxes from gold and silver.

Gold, silver, and the miners are off to a rough 2024 start, but could that be about to change? The answer is: Yes.

Just to remind you, a few weeks ago, I wrote an article which outlined the potential for a major bear market lasting between 13 and 21 years. In fact, this may even cause a long-term depression. And, there were many comments to that article which mostly took...

Viewing gold in its proper context seems to be difficult for most gold bugs. The excitement associated with anticipation of gold at $3000, $10,000, or higher tends to overide real fundamentals and common sense.

The best performing precious metal for the week was gold, but still down 1.01%. Gold was only up by 0.09% last week yet still appears to have support above $2,000.

January 22, 2024

Bullion investors are naturally concerned about unsound monetary and fiscal policy. Many of them buy precious metals, in part, because they recognize the federal government is out of control when it comes to borrowing and spending.

Chinese gold demand improved in 2023 even as the price in yuan soared. China ranks as the world’s biggest gold market, and Chinese demand has a significant impact on the global gold market.

As the Austrian School economists know full well, inflation distorts price signals unevenly. It may be tempting to try to filter out inflation from any given good or service to find its real price had the currency supply never been inflated in the first place, but...

When forecasting stock prices, it helps to view the market as a crazed creature driven by fear, greed, and most of all, stupidity. Of course, everyone but the “theme”-obsessed chimpanzees who purport to manage your money understands that the stock market’s heedless...

Many economists claim that economic growth is driven by increases in the total demand for goods and services, additionally claiming that overall output increases by a multiple of the increase in expenditures by government, consumers, and businesses.

We welcome back Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, and we discuss the current and future trends in the commodity market, particularly focusing on gold and silver.

It was another bad week for precious metals as Gold declined 1%, Silver over 2% and the miners lost over 6%. The S&P 500 closed the week at a new record high. The Gold to S&P 500 ratio closed the week at a new 17-month low.

January 21, 2024

With the action seen over the past month, Gold has been locked inside an expected correction phase, with the U.S. stock market still inside a larger 'vacuum' period - one which will take us into the next 'kill zone' date for that market.

The Dow Jones closed the week at a new all-time high.  This wasn’t its first, since the 12th of December, the Dow Jones has been rising to new all-time highs, or BEV Zeros in the Bear’s Eye View chart below (Red Circle).  In this advance into market history, so far...

Wherein a week ago we wrote of “Gold Biding Time”, the yellow metal has since proceeded from time biding to price sliding, settling this past week yesterday (Friday) at 2032.  And from our purview, purely the culprit appears technical.  Indeed as previously penned...

Coming up we'll hear an interview with David Morgan of The Morgan Report. Be sure to stick around and hear the Silver Guru's take on the current market conditions and what to expect in the metals space in 2024.

January 20, 2024

Our proprietary cycle indicator is DOWN. Gold sector cycle is down. Trend is up for gold and gold stocks, and down for USD.

Which countries have the most gold? Central banks around the world have aggressively added gold to their reserves over the last several years.

New Jersey Governor Phil Murphy has unilaterally killed a bill that would have exempted the sales tax on purchases of gold and silver.

January 19, 2024

Gold’s latest record-achieving upleg continues grinding higher on balance.  But gold’s strong technicals have yet to attract back investors, identifiable gold investment demand looks dead.  Little capital has been allocated to ride this upleg, which is quite unusual...

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The melting point of gold is 1337.33 K (1064.18 °C, 1947.52 °F).

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