Gold Editorials & Commentary

China and the U.S. have reached a preliminary agreement, which softens their trade war, while the landslide victory of Conservative Party in the UK parliamentary elections clears the path to Brexit. Given that downside risks for the global economy are now...

I know that many investors follow correlations as if they were gospel. But, do they really understand what a correlation represents?

The Federal Reserve left its benchmark interest rate unchanged as expected last week. However, Fed Chairman Jerome Powell made news with some of his most dovish remarks to date – stating flatly that he won’t hike rates again until inflation moves up significantly....

The amount of debt in both China and the United States is horrifying and it continues to grow. Debt growth is worshipped by millions of people who think it is a cure rather than a disease.

We are starting to get a stronger sense of what will be causing 2020’s advance in gold and silver: weakness in the US dollar and a concurrent inflationary spike in the entire commodity sector.

In Friday’s Alert, we warned that gold and USD movement in the next few days might be a bit chaotic due to the geopolitical news that are currently hitting the markets. The new steps in the Brexit saga and the U.S.-China agreement continue to support intraday...

The second week of December played out in a picture-perfect manner offering little to no surprises per our expectations. If you recall, this setup was fully assisted by the ongoing bull train/trend and the first week of December daily 20EMA "stick-save" setup where...

Our contributions most of the time deal with the long-term gold price path. Today though, we’ll shine the spotlight on the USD Index as that’s the key for unlocking gold price path just ahead. Precious metals investors are well aware of the inverse correlation ...

The best performing metal this week was platinum, up 3.57 percent as money managers increased their bullish outlook and took their net long position to a 22-month high. Gold traders remained bullish on the price outlook for bullion even amid trade optimism early in...

Federal Reserve Chairman Jerome Powell’s comments on inflation last Wednesday added fuel to the contra-dollar trade.

In my previous article here on Gold-Eagle.com back in early October, I discussed my primary method to fundamentally value gold using growth of per-capita money supply and real interest rates.

Tonight I would like to update some commodities charts we haven’t looked at in a while. There have been some subtle changes taking place that need to be addressed. Just like the PM complex that topped out in 2011 many commodities also topped out that same year and...

Correctly predicting the market trend requires an objective analysis of the supply and demand forces which are constantly in play. In my opinion, the methodology of P&F is one of the best ways to demonstrate graphically this perennial struggle.

Earlier this year, various gold stock indices (XAU, HUI, GDX) gained more than fifty percent in just three months. Most of the negativity associated with the sector was brushed aside and replaced by positive expectations for the future.

Last week's trading saw gold forming its low in Monday's session, here doing so with the tag of the 1463.00 figure. From there, a slingshot higher was seen into late-week, with the metal running all the way up to a Thursday peak of 1491.60 - before backing slightly...

Large precious metals speculators cut back on their bullish net positions in the Gold futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

History doesn't already repeat itself -- and traders who blindly expect it to so do (i.e. sans subjective review) are oft flushed down the loo -- but 'tis the season to be jolly. For in looking per the above Scoreboard at Gold's weekly price tracks for each of the...

This week will be an abbreviated article.  Holiday and personal items I must attend to seem to have piled up at the end of the week.

Gold sector is on major buy signal. Long-term – on major buy signal. Short-term – on buy signals. Gold sector cycle is up. We are holding long-term positions. 

With this recent Fed Repo Loan RAMP$ now was a good time as any to remind all Gold-Eagle.com readers where the last 2007 repo loan fiasco eventually led to big bank failures.

The gold miners’ stocks have largely been consolidating high following last summer’s powerful upleg.  That resilience has left sentiment relatively bullish, with traders mostly expecting this sector to soon start surging again.  But the jury is still out on whether...

“Japanification” describes a severe and prolonged deflationary state in which demand drops, prices and wages fall, and economic activity remains moribund for decades. Japan has been trapped in a deflationary state since the collapse of the Nikkei stock market bubble...

The Fed kept the interest rates unchanged in December. The statement was rather hawkish, while the dot-plot rather dovish. What does such a mix imply for the yellow metal?

To the extent that some analysts reject the Fed/Wall St/Perma-Bull narrative that the Fed’s repo operation is needed to address “temporary” liquidity issues or was caused by the newer regulatory constraints, the only explanation offered up is that the financial...

Economists who understand credit cycles expect the current cycle to enter its crisis stage at any moment. Furthermore, it combines with increasing trade tariffs between the two largest economies to echo the conditions that led to the 1929-32 Wall Street crash and...

Bubbles, like a cocaine high, are fun while they last. History confirms that bubbles and cocaine are enjoyable, because central banks blow many bubbles and the U.S. imports a large quantity of cocaine.

The following is a deep dive into past Gold Price History. Most website visitors here on Gold-Eagle.com are from the USA and for that reason, we will begin with a gold price chart covering more than the last 700 years. Leading into the US dollar price of gold since...

If you follow our work, you are aware of our growing optimism on gold stocks in 2020. As we've written, the fundamental setup in 2020 should be bullish for precious metals. Meanwhile, the technical setup for gold stocks is one of the best we’ve ever seen.

Gold’s post breakout reaction back from its early September peak has evolved into a steady downtrend as we can see on its 6-month chart below. The approach of the rising 200-day moving average below suggests that this reactive downtrend will have run its course...

The last true enemy of inflation the Federal Reserve has seen died earlier this week. Paul Volcker, former chairman of the Federal Reserve from 1979-1987, has passed away.