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 5, 2021

The S&P500 failed a breakthrough on Thursday and tucked its head back below its 4200 ceiling again, where it has remained range-bound for weeks. Job news on the economic front that many analysts toasted as great could not lift sentiment out of the doldrums on...

In a previous article I wrote: “Looking at this chart, it should be apparent that gold at $2000 is fully-priced. Unless you are convinced that the US dollar is going to crash soon, then expectations for much higher gold prices at this point  are unwarranted.”  ($10,...

Gold sector remains on long term BUY at the end of May. Our proprietary cycle indicator is up. Gold has found major support, and next resistance is at 1950.

June 4, 2021

Sector expert Michael Ballanger extolls the virtues of a pair of newsletter writers, and discusses how moving to communications to the internet has impacted trading, including in the precious metals market.

Streetwise Reports: Frank, thanks for joining us today. Gold, after several months of trading sideways, has recently seen some new momentum. It's been staying above $1,850 an ounce while cryptocurrencies have been experiencing extreme volatility. You're in a unique...

It seems that the big downswing has just begun. Some will call it “transitory”, as the Fed did with inflation, but there is no strong reason for gold to rise again.   

The gold miners’ stocks are enjoying mounting gains, with their young upleg continuing to power higher on balance.  Their recently-reported Q1 results revealed strong fundamentals, fully justifying better stock prices.  The gold stocks have achieved major upside...

Last month, I wrote that “inflation is knock, knock, knockin’ on golden door”. I was wrong. Inflation didn’t knock, it broke down the door! Indeed, as the chart below shows, the core CPI surged 3%, while the overall CPI annual rate soared 4.2% in April – this is...

Gov. Bill Lee signed legislation last week requiring the Tennessee Advisory Commission on Intergovernmental Relations (TACIR) to examine the feasibility of creating a state depository to secure gold owned by the state and/or citizens.

In a significant and strategic development for monetary metals, the Government of the Russian Federation has just introduced legislation which will allow Russia’s giant National Wealth Fund (NWF) to invest in gold and other precious metals. The NWF is Russia’s de...

June 3, 2021

Gold rallying on low volume yesterday was a clear bearish sign; the yellow metal dropped about $15 in today’s pre-market trading. What will happen next?

Gold surpassed $1,900 at the end of May. However, it has been struggling since then to rally decisively above this level. Instead, the price of the yellow metal has been oscillating around this level, as the chart below shows.

It is now approaching almost a decade since I began writing public articles outlining my analysis in various markets. And, I have learned a lot about the general investor community based upon many of the comments I have received during that time.

This article will discuss gold’s growing importance as the principal protector of wealth and also that the coming price evolution of gold will be dazzling as it reaches heights that no one can imagine.

Sure Mr. Biden, money is cheap. But whose money is it? The White House recently sent a $6 trillion budget plan to Congress. Let that sink in for a moment.

The gold market has seen many momentum shifts in recent months. At the end of the day, however, the market really depends on one simple factor: Are the big money inflows trending in a bullish or bearish direction?

June 2, 2021

Silver and mining stocks reached intraday highs only to pull back before the end of the day. It all happened on quite big volume – another sign of a market top.

“It’s always been right to be skeptical when someone says ‘this is the year that inflation comes back,’” says M&G Investments Jim Leaviss in a recent Financial Times Big Read. “But for the first time, you can say this time is different. The pandemic might be the...

Much has been made about The Fed's extensive use of the word "transitory" when describing the current inflationary environment. If you understood why they keep using that word, you'll soon appreciate why all price dips in COMEX gold are transitory, too.

What is obviously the most important chart for currency investors… the long-term dollar versus gold chart. The relentless decline of US liberty correlates perfectly with America’s refusal to reverse the policy that replaced real gold money with unlimited supply...

June 1, 2021

The FED has recently been tricked with its own money. Could the central bank’s scary reverse repos become a treat for the USDX?

On Friday (May 28), the White House presented the President’s budget for the 2022 fiscal year that starts on October 1, 2021. Biden trumped Trump and proposed $6 trillion, over one trillion more than Trump in his last year’s proposal for $4.8 trillion. Furthermore,...

Strengths

The best performing precious metal for the week was palladium, up 1.45% on curtailed supply news. Gold continues to do well, as hedge funds raised their net long position to the highest level since January.

Sucks? Yeah, sure. Maybe in the eyes of crypto fanatics and the quacks who re-invent monetary policy every month. In actuality, few things in the material world suck less than gold. Sorry to resort to headline flim-flammery to get your attention, but it was time to...

The highly acclaimed crypto market is undergoing a harsh correction, painfully demonstrating how quickly governments can put this asset class in distress. As we’ve repeatedly argued, crypto’s are not a wealth preservation asset.

On April 6, 2021, the website "Russia Today" made an announcement: “Russian President Vladimir Putin is reportedly preparing to give a major address in which he will fire the starting pistol on a “new era” and set out a different vision for the future of his country...

The “Everything Bubble” has jumped from hyperbole to literal truth in just a couple of years, as more and more assets enter “crazy expensive/extremely reckless” territory. The latest addition to the list is collateralized loan obligations (CLOs), which are created...

May 31, 2021

The rebounds in Gold and Silver exceeded my expectations and closed May in a strong fashion, near the highs of the month. Gold's monthly close was the third-highest ever. Silver failed to break resistance at $28.50, but its monthly close at $28 was the second-...

Among the many analytical reports arguing that economic fundamentals are such that the gold price should rise sharply, the annual "In Gold We Trust" reports by Incrementum AG in Liechtenstein always have provided the most supporting documentation. The one published...

May 30, 2021

Current Position of the Market

SPX Long-term trend: There is some evidence that we are still in the bull market which started in 2009 and which could continue into the first half of 2021 before major cycles take over, and it ends.

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Small amounts of natural gold were found in Spanish caves used by the Paleolithic Man about 40,000 B.C.

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