Gold has struggled to rebound despite an extreme oversold condition and extreme bearish sentiment. Nevertheless, conditions for Gold have not worsened in recent days. In fact, Gold as well as gold stocks appear to be basing for a potential rebound into the holiday...
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 9, 2018
Interest rates have risen to levels where they are finally getting noticed, even on giddy Wall Street and in the undiscerning precincts of television business news. In recent days, nasty selloffs in the stock market have been attributed to correspondingly large...
October 8, 2018
In a 13th August blog post I noted that for the first time this year the sentiment backdrop had become decisively supportive of the gold price. I also noted that the fundamental backdrop remained unequivocally gold-bearish, and then attempted to answer the question...
According to a recent Cornerstone Macro report, the three most influential macro trends this year have been 1) the strengthening U.S. dollar, 2) the flattening yield curve and 3) slowing global manufacturing expansion.
Last week, we shined a spotlight on a crack in the monetary system that few people outside of Switzerland (and not many inside either) were aware of. There is permanent gold backwardation measured in Swiss francs. Everyone knows that the Swiss franc has a negative...
This week, I read an article on Seeking Alpha by Jeffrey Saut entitled “Stock Market Timing?” While I have much respect for Mr. Saut’s experience and knowledge in the industry, I do not agree with his recent missive, as it is replete with market fallacies and...
For years now, analysts and the media have been trying to convince everyone there is no inflation despite central banks massive quantitative easing programs. Of course this is ridiculous. They just choose to ignore where the inflation has manifested.
October 7, 2018
The first week of October is history and the DJIA closed all of 11 points lower than it did the week before. As we well know, statistics can be deceptive. The 11 point change in the DJIA over the full week conceals the fact that the DJIA futures ranged between an...
On the surface, nothing much changed last week. The Fed, as expected, raised short-term interest rates very modestly, the US, Canada and Mexico cut a new NAFTA deal (kind of a pleasant surprise), unemployment fell again, PresidentTrump continued to tweet, while...
It’s not always like clock-work, but the September-October period always deserves caution as we approach it. This year, the beginning of the correction came a little late for the major indices, waiting until early October to get started and causing some to wonder if...
Large precious metals speculators added to their bearish 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.
Several weeks ago we looked at some resistance points for gold and silver from the short to the longer term time perspective. Below is a daily chart for gold which starts with the 2018 five point rectangle reversal pattern which broke down in May.
Greetings from the beautifully bucolic Swiss canton of Fribourg where, like Gold, the cows barely budge toward otherwise producing their gruyérienne delights.
This week the Dow Jones Index on Tuesday and Wednesday closed at all-time highs. That makes four new BEV Zeros in the BEV chart below in the past ten trading days, and that’s something I can’t complain about.
October 6, 2018
Our proprietary cycle indicator is up. Gold sector is on a major sell signal. Speculation remains at multi decade low. A potential bottoming pattern is in progress.
October 5, 2018
The battered gold miners’ stocks are finally starting to recover after a rough few months. Their prices slid with gold in July, plummeted in a brutal forced capitulation in August, and then dropped again in an echo capitulation into mid-September. That left them...
“Mr. Gold, you have disappointed us! But, really, you dropped almost four percent in the third quarter of this year.” This is what many analysts could say. But we warned our Readers against being bullish in the current macroeconomic environment. We invite you to...
This past week, we saw that the Bank of Nova Scotia was charged by the Commodity Futures Trading Commission with multiple acts of spoofing in gold and silver futures between June 2013 and June 2016. Traders placed orders to buy or sell precious metals futures...
Our modeling systems are suggesting that Gold and Silver will begin a new upside rally very quickly. We wrote about how our modeling systems are suggesting this upside move could be a tremendous opportunity for investors over 2 weeks ago.
Here is our Friday digest of the important news, commentary, charts and videos we were informed by this week. We released our latest short video update in which we explored whether the global property bubble was beginning to burst?
An enormous “sword of Damocles” hangs over all markets now. A massive liquidity drain is underway as global QE reverses into QT and rates rise against the background of immense ubiquitous crippling debt burdens.
Scanning the Indicators - Each morning I scan a wide range of technical indicators covering the major exchanges in the US, Canada and the UK. As the markets ebb and flow, a range of bullish and bearish technical indicators provide valuable data for investors...
October 4, 2018
It has been a long while since the last Amigos update because frankly if the characters, images and shticks I invent to portray market status begin to wear on me sometimes I have to believe they may do the same to you. Consider that the 3 Amigos, SPX/Gold Ratio, ...
Is Italy the new Greece? Let’s read out today’s article and find out what does the newest Italian turmoil imply for the gold market.
Gold rallied, silver rallied, and mining stocks rallied. That’s how one can summarize yesterday’s session. The volume was huge, so it appears that a major upswing has just begun. But is this really the case? As always, just because things look encouraging and the...
– London, Dublin, Sydney, Vancouver and Hong Kong housing prices fall … – Property bubbles in many cities internationally according to ‘Economist’, UBS & others. – UBS found that six of the world’s largest cities are now subject to massive speculative housing...
Recently, I read an article which stated that quantitative tightening is the “death knell” to the stock market. Can this be true? So, allow me to show you why this is just another market fallacy which has been propagated by market analysts and the general media, and...
October 3, 2018
You have a headache. Treat with Advil. Well… maybe. The headache is the symptom. The cause might be tight neck muscles, brain tumor or something else. Advil relieves pain and diminishes inflammation, but it won’t fix a brain tumor and will do little to loosen neck...
Today’s contribution in our ongoing series on commodities prices and economic metrics is a study of the relationship between the price of gold and the TSX Venture Exchange (TSXV). The TSXV is the world’s foremost venture capital marketplace for emerging nanocap...
Sales of gold products by the Perth Mint surged in September to their highest since January 2017, while silver sales more than doubled from August to mark an over two-year peak, boosted by lower bullion prices, the mint said on Wednesday.