Last year the Basel III regulations went into effect, with many expecting an impact on the gold and silver prices.
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.
July 29, 2022
July 28, 2022
As expected, the Fed raised interest rates again—and Powell's dovish stance was a gift to gold miners. The USD fell, giving the GDXJ more room to rise.
Despite another hawkish FOMC meeting, gold rose again. Why? Because, as suggested by Powell, the pace of tightening is going to slow down.
In this video Gary discusses being very accurate in predicting the bottom of the bloodbath phase, only missing it by 5 days and 15 dollars.
July 27, 2022
Today, the Fed is set to announce another rate hike of 75 basis points, taking the funds rate to 2.25-2.5%. And while inflation running over 9% appears to indicate that the debate over whether inflation will prove “transitory” has seemingly been won by the “not”...
With the Fed’s latest policy meeting coming up this Wednesday, where they’re largely expected to raise interest rates by another 75 basis points, where does that leave gold and silver?
July 26, 2022
Many are asking about Gold’s rise, or better yet: When, how and why it will rise? Toward this end, cold data in the face of historical facts and current recessionary realities will make gold’s rise easier to grasp.
What will the Fed meet bring for the major markets? The Brent crude oil chart. There’s an inverse H&S bottom in play and Brent may be leading the price of Texas crude because of the Ukraine war.
It’s official: the economy isn’t going into recession. That pronouncement comes straight from the same top Biden administration official who last year declared that inflation would be transitory.
We invited Rick Rule back on the show to give his thoughts on the latest news about the JP Morgan criminal trials and how this will affect the markets. We also discuss Silver and Gold price predictions, the Fed's next move, and more.
Goldbugs can be irrational when they sell 2 days before the FOMC meeting. They'll sell with gold testing this major support zone here at the 200-week moving average. They'll sell 50-plus days into a daily cycle. Irrational moves that nobody in their right mind...
July 25, 2022
The best performing precious metal for the week was palladium, up 10.31% as demand in China appears to be picking up with the reopening of its automobile sector.
Despite stocks' slight recent fall, their short-term outlook remains bullish. Unless gold truly plunges, junior miners have a chance to rise soon.
I have often written about the importance of the Gold to S&P 500 ratio. Gold (and gold stocks and Silver) has never been in a real, sustained bull market without outperforming the stock market.
July 24, 2022
This is what I'm reading on the charts below. The first graph (of 3), is a 15 min. bar chart of the S&P 500 from July 14 to July 22. In the first graph, I notate the waves according to obvious greater and lesser degrees.
Following a consolidation into early-week, Gold saw its low registered in Thursday's session, here doing so with the spike down to the 1678.40 figure. From there, a sharp reversal to the upside was seen to end the week, with the metal hitting a Friday peak of 1738....
First the "Bad" bit, (which you regular Gold followers just well-witnessed): price on Thursday (21 July) traded down to its year-to-date low of 1678, a level up to which Gold first traded on 04 August 2011, the StateSide Money Supply ("M2" basis) then less than one-...
July 23, 2022
Gold sector is on long term SELL signal as the recent buy signal has failed. The correction since 2020 drags on. Speculation at the lowest level in two years.
In response to the recent large increases in the prices of goods and services, the Fed has introduced a tighter interest rate stance. If the Fed were to follow the correct definition of inflation (an increase in the money supply), it would discover that a tight...
After several brutal weeks of selling in precious metals markets, bulls are seeking a catalyst for a potential turning point. They may have gotten one via currency markets.
Peter Boockvar explains why he believes the Fed Pause will be crucial for precious metals. Furthermore, we discuss the latest Gold and Silver price rally, the euro crisis, the Philly manufacturing index, and more.
July 22, 2022
The gold miners’ stocks have just been slaughtered in recent months, spiraling relentlessly lower. This bloodbath of a summer has deteriorated into their worst in modern-gold-bull years! The resulting bearish sentiment has proven overwhelming, leaving this sector...
Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.
An economic hurricane is coming. Brace yourselves! This is at least what Jamie Dimon suggested last month. To be precise, he said: “Right now, it's kind of sunny. Things are doing fine. Everyone thinks the Fed can handle this. That hurricane is right out there down...
The gold futures contract gained 0.78% on Thursday, July 21, as it retraced its Wednesday’s decline on the European Central Bank’s interest hike release. Gold reached new medium-term low of $1,678.40, before bouncing back above the $1,700 price level. This morning...
The Federal Reserve has sabotaged the economy since 1913 with its socialistic interventions. Every single boom created via its artificial credit expansion has resulted in disaster, which includes the Great Depression, which was caused by nearly a decade of inflation...
It has been a classic washout in the gold stock sector, but if positioned correctly opportunity is setting up.
Throughout the recent gold and silver selloff, one standout feature has been that the banks continue to buy back futures contracts.
July 21, 2022
Timing the bottom of the current gold downward phase perfectly is not critical to making a lot of money.
Inflation rates are currently climbing to one multi-decade high after another. And leading central banks are responding by raising interest rates at an ever-increasing rate.