Below we look at recessionary, inflationary, and stagflationary signposts to determine the probability of whether we are headed for recession. The potential outcomes, in the backdrop of rising debt as real rates slide inevitably deeper into negative depths, are a ...
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 22, 2021
The gold miners’ latest quarterly earnings season will soon get underway, with their full Q3’21 results due out by mid-November. These fundamental reports are invaluable to traders, revealing how companies are actually faring operationally and financially. Despite...
After the gold price reached a high of $850 oz. in 1980, its price began a long decline that lasted over twenty years. But the decline was not just characterized by its lower price, which eventually bottomed around $250 oz.
With the S&P 500 back at its all-time highs, gold stopped lagging behind. However, how long can this unsustainable growth last?
Maybe it’s not the best timing, given the spread of the Delta variant of the coronavirus, but let’s be optimistic and assume that we will soon leave the epidemic behind us. It goes without saying that the pandexit, or the exit of the Covid-19 pandemic from the world...
Currencies are the most manipulated markets on the planet. The intermediate cycle low is over? Will the gold cartel attack gold here near the 200 d.m.a.? A hard stop below $1,760-pivot is a good idea, swing point, and we do not want to break below this or it opens...
October 21, 2021
November third meeting for the FOMC, the US Dollar Index is correcting and a "big game" tapering talk will help it to reverse but this will fail. Gold will have a lot of attacks and probably unlikely to get above the $1,835 area and then later a better chance of a...
Generals are always prepared to fight the last war, while economists are always prepared to fight the last recession. But what if the next economic crisis doesn’t start in the US financial sector, but in China’s real estate?
Kicking the can down the road is the new national pastime. Every time the government’s bills come due, officials at the Treasury Department find creative ways of paying them with money they don’t have.
The stampede of dollars into the gold and silver markets has not yet begun. There is record demand for coins, rounds and bars, but institutional money is still ignoring precious metals, for the most part. Anyone wondering why, can find a clue in the current makeup...
October 20, 2021
With silver outperforming and key supports for the USDX holding, what’s in store for the precious metals in the upcoming months?
At the end of major economic cycles, shortages develop in all areas of the economy. And this is what the world is experiencing today on a global basis. There is a general lack of labour, whether it is restaurant staff, truck drivers or medical personnel.
Investors think they can just throw a dart at a commodity and it will go up. I suspect next year will be a lot different. Over a year and a half where commodities have gone straight up, and some of them have gone straight up...
Lawrence Lepard Portfolio Manager and advocate of sound money, is our guest on this episode of GoldCore TV. With 40% of money in the US being created in the last 2 years, we ask Lawrence if the Fed is trapped. If so will this mean that it is going to be very...
October 19, 2021
With a tug-of-war for USD Index supremacy unfolding at the 94 level, precious metals are anxiously awaiting the final outcome. And because the EUR/USD is the head of the dollar basket’s snake – due to the fact that the currency pair accounts for nearly 58% of the...
The stampede of dollars into the gold and silver markets has not yet begun. There is record demand for coins, rounds, and bars, but institutional money is still ignoring precious metals for the most part.
The best performing precious metal for the week was platinum, up 2.92%, largely moving with the Thursday surge in precious metals. Palladium surged to the highest level in a month as industrial users took advantage of low prices even as the ongoing semiconductor...
October 18, 2021
Mining stocks were picked up by investors in the latest bullish wave. But these bad performers may be dumped just as quickly as they were bought.
Inflation fears are at a generational peak, pushing our stubbornly unfearful Fed chairman against a wall. He may yet prove right in saying inflation will be transitory, but for reasons that should comfort no one. In the meantime, the U.S. dollar seems resistant to...
The 4540 projection which had been in effect since the March 2020 low has now been reached, but it is too early to call for an end to the bull market which started in March 2009.
When I recently missed James McShirley’s comments near the beginning of the Midas report, I was not aware that he was first occupied caring for his wife who was ill and then himself having to fight a losing battle against the COVID-19 Pandemic.
October 17, 2021
Last week's action saw the Gold market pushing higher into Thursday's session, with the metal spiking all the way up to a peak of 1801.90. From there, however, a sharp decline was seen into Friday, here dropping back down to a low of 1765.10 - before bouncing...
Nothing like living the prior week all over again, eh? First it was the lousy StateSide September payrolls number as we nauseatingly documented a week ago. Thus as you already know, that report rightly yanked Gold up some +20 points in less than an hour... only to...
This week the Dow Jones rediscovered its primary purpose in life; to once again advance into market history, to inflate its valuation to something above its last all-time high of 35,625, seen last August 16th. It closed this week with a BEV value of -0.93%, less...
The balance of trade is an important barometer of a country’s economic health. A trade deficit occurs when the value of its imports exceeds the value of its exports, with imports and exports referring to both goods and services.
October 16, 2021
Our proprietary cycle indicator is now UP. Gold sector is on long term SELL signal. GLD is on short term buy signal. GDX is on short term buy signal. XGD.to is on short term buy signal. GDXJ is on short term buy signal.
October 15, 2021
The battered gold stocks are bouncing hard, blasting higher over the past couple weeks! That’s despite the Fed still looking to soon start slowing the pace of its epic money printing. Fed-tightening fears had weighted heavily on the precious-metals realm since June...
The economic gurus and magic-chart advisors who told you inflation was going to be transitory or that it wouldn’t amount to much or even the dimmest of all who proclaimed it wasn’t happening at all could not have been proven more foolish and blind to the obvious all...
Insidious plans are afoot in Washington to give IRS officials another $80 billion for auditors and then unleash them on bank account holders. New, heavy-handed IRS and Federal Reserve controls along with other threats to financial privacy highlight the importance of...
Strong words, I know. Can I back them up? Well, what we see now – looking at various markets – does indeed look like the start of gold’s end.