The inversion of the yield curve is of crucial importance as it has historically been one of the most reliable recessionary gauges. Consequently, we invite you to read our today’s article about the history of the yield curve inversions and find out whether the...
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.
August 9, 2019
What a wild week it’s been for investors. The threat of global trade wars and currency wars sparked big swings across all major asset classes. Bond yields dove toward historic lows. Stocks plunged earlier in the week before rebounding sharply by Thursday. And...
In the first part of this multi-part research post, we highlighted what we are calling a Crazy Ivan price event (borrowed from the movie Red October - (source). The one thing we want you to take away from this article is that August 19, 2019, should be a major...
Gold and silver are 4% and 4.7% higher respectively for the week so far.
August 8, 2019
Have you heard the news? US Treasury bonds are sky rocketing as it turns out there is no inflation amid a global central bank NIRP-a-thon and race to the currency bottom. Going the other way, our 30yr Treasury yield Continuum is burrowing southward.
Here we go, Ladies and Gentleman! Gold hit $1,500! Is the round number of $1,600 in cards now? In today’s article, we’ll keep focus just on the fundamental domain and speculate on the current alignment of these factors – looking merely at them will warm the heart of...
Breaking News: COMEX paper gold contracts closed on Wednesday, August 7, at $1,513, up from $1,274 on May 22. Gold bottomed at $1,045 in December 2015. The S&P 500 Index closed at a new all-time high on July 26.
In 3rd grade, my teacher had a sign up at the front of the class which read: PUT BRAIN IN GEAR BEFORE ENGAGING MOUTH. This made an impression upon me as a 3rd grader. Yet, many adults have yet to learn this lesson.
August 7, 2019
The world is in the midst of one of the strangest asset bubbles of all time. Instead of being fueled by the hope of bigger and bigger gains, it is being driven by a resignation to incurring lower and lower… and ultimately negative, yields on capital.
Gold futures rallied above $1,500 an ounce on sustained demand for the traditional haven as the U.S.-China trade war festers, global growth slows and central banks around the world ease monetary policy.
There is talk about a war on cash to pave the way for negative interest rates. Negative interest rates and cash go not well together, at least so it seems. People may opt for cash when interest rates on bank accounts and government bonds are negative.
Policies relating to sound money have been the subject of substantial debate at the state level this year, with bills, hearings, and/or votes taking place in nearly a dozen legislatures.
August 6, 2019
Is China a currency manipulator? My view is almost identical to Kyle’s; China’s government is manipulating its currency… higher! Trump’s tariff tax obsession may be somewhat comical, but it is creating substantial weakness in China’s currency. That’s because foreign...
July nonfarm payrolls came in line with expectations, confirming the strength of the U.S. labor market. So far so good. With the markets more focused now on the escalation of the trade war triggered by Trump’s tweet on Thursday, the stock market plunged while gold...
For weeks, if not months, I have been reading one bearish bond article after another. In fact, many of these same writers have been arguing with me for months about the bond rally I expected back in November of 2018. One suggests that this rally is really a “fake...
Say what you will about last week, it certainly wasn’t dull. The Federal Reserve, seemingly capitulating to President Donald Trump and Wall Street, became just the latest central bank to cut interest rates. Meanwhile, the president escalated the trade war even...
Gold prices have surged in dollars and all currencies due to the escalation in the trade wars and a return to currency wars between China and the U.S.
Last Friday, August 2, 2019, we posted an article suggesting this current downside move in the US stock market may be setting up a “washout low” price rotation and we suggested all traders be very cautious over the weekend. Obviously, with the US major indexes down...
August 5, 2019
After a major trend change, it can be difficult for the majority of investors and market watchers to shift and adjust accordingly to the new trend.
The last week of July/first week of August was quite interesting as volatility is finally back. The bears got their resurrection by closing below the ongoing "sh*t hits the fan level" at 2955 on Thursday August 1. Essentially, active traders and investors had to de...
This phrase was first used by U.S. Supreme Court Justice Potter Stewart, in a case of obscenity. Instead of defining it—we would think that this would be a requirement for a law, which is of course backed by threat of imprisonment—he resorted to what might be called...
The Fed gave us exactly what the market expected in a .25% rate cut, and even gave us a “gift” with the early cessation of Quantitative Tightening. Normally, most would view this as a bullish catalyst. However, with market sentiment topping out in a bullish...
During WWII the Germans were in need of money to buy foreign materials to conduct the war. It is estimated they stole almost 500 metric tons (around 16 million troy oz equal to $23 billion USD @ $1,450 / oz) from various governments. Most was taken from Belgium, the...
August 4, 2019
Gold price and silver price have held up remarkably well compared to the broader markets as they continue to sell off today. While the DJIA is down more than 250 points, gold and silver are just slightly lower. However, gold has traded in the green several times...
If as a trader you found this past week to be boring, then 'tis time to hang it up there, Bunky. Or if on the other hand you suffered from an overdose of analysis paralysis, then hey, we just entered the Dog Days of August: nuthin's gonna happen, so take go take a...
The Dow Jones closed the week down 3.20% from its last all-time high. On a week where the FOMC cut its Fed Funds Rate by twenty-five basis points (0.25%), the Dow Jones deflated 2.59% BEV points from last week’s close, or down 707.44 dollars.
There has been a discussion lately about some deflation coming into the big picture. In this Weekend Report I will show you what lot of the Chartology is suggesting. I have literally 100’s of charts on commodities that I’ve been building over the last 15 years from...
August 3, 2019
Our proprietary cycle indicator is up. Gold sector is on major buy signal. GLD is on short-term sell signal. GDX is on short-term sell signal. COT data on gold is now at levels of previous tops.
It was almost like Palladium traders followed our research to the letter when the trend reversed on July 11, 2019. Our research team issued a report indicating a Double-Top pattern was setting up in Palladium on July 3, 2019. At that time, our proprietary cycle...
August 2, 2019
Well, after months of presidential complaining, tweeting, and pressuring, Donald Trump finally got a rate cut from the Fed. A lower interest rate was supposed to stimulate the stock market and make the dollar cheaper versus the currencies of exporting countries --...