first majestic silver

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.

 

January 11, 2017

Now that another New Year is upon us, it’s time to reflect on what the coming months might unfold. Normally when market analysts try their hand at predicting the year ahead it involves either wild guessing or linear extrapolation based on prevailing trends. I tend...

At the time of his death, Prince had taken delivery of and had in his possession 67 gold bars, 10 ounce gold bars, valued at $836,166.70. That’s according to an asset inventory compiled by Bremer Trust released by the Carver County District Court, as first reported...

This past week saw a very nice move higher in the GDX and gold, but silver has seriously lagged, which does dampen any outright bullishness at this time. But, let’s review where we stand overall.

January 10, 2017

Major US and international banks cheat their customers and rig markets. Revelations have been piling up since the 2008 financial crisis. Hundreds of billions have been paid in fines, penalties, and settlements. The fraud, price manipulation, lying, and theft – once...

The last two bear markets in US stocks were deflation-oriented. The next one is likely to be inflation-themed, and could feature the US dollar and gold soaring higher at the same time.

The media has decided that the single bets investment going forward is the US Dollar. Indeed, Marketwatch has proclaimed that 2017 will be “The Year of the Dollar.”

The U.S. will never go back on a gold standard. The notion that a U.S. Dollar backed by gold would solve our financial problems is pure folly. Why? Because, if the U.S. Empire didn’t abandon the gold standard in 1971, it would have collapsed decades ago.

Gold Price In GBP Rises 4% On Brexit and UK Economy Risks. – Pound fell 2% against gold yesterday after Theresa May created Brexit concerns. – May’s ‘Hard Brexit’ denial does not calm markets growing fears. – Investors concerned about lack of government strategy and...

January 9, 2017

Palladium is starting this year as the best performer among the precious metals, heading for its biggest gain since March, reports Bloomberg. The metal rose 11.17 percent for the week on bets that carmaker demand will grow following positive U.S. and Chinese...

We are fortunate today to be joined by Frank Holmes, CEO and Chief Investment Officer at U.S. Global Investors. Just recently Mr. Holmes received another award from the Mining Journal and was named America's Best Fund Manager for 2016, one of many awards he's...

You could say gold miners struck gold in 2016. The group, as measured by the NYSE Arca Gold Miners Index, finished the year up an amazing 55 percent, handily beating all other asset classes shown below.

Although we expected a rally in the gold mining sector, we have been surprised by its strength and recent buying pressure. From the lowest ticks, Gold has rallied less than 6% but GDX has gained 25% and GDXJ has soared 36%. This rebound adds to the evidence that the...

January 8, 2017

Before the holidays I could see a possible short-term rally coming in gold, which it did. Now, it just looks like the rally may be over. Technically, the rally continues and I can’t put my finger on it…but I just get this feeling that all is not rosy. As a...

Last week’s call for the beginning of the intermediate correction turned out to be premature. Since then, the SPX has reluctantly made a new all-time high, but the DOW Index amusingly continues to refuse printing 20,000. A minor correction may take place next week...

It has been a long time since Thirdeyeopentrades commented on the gold market, here at Gold-Eagle, and it looks like now is an appropriate time to make a return! The gold and silver markets have suffered terrible blows and a cruel bear market, beset with bankers...

'Course, a year ago, gold perfectly timed its clutch bite in getting off the line to swiftly shift up through the gearbox toward posting a net gain of 4.5% through the first four trading days of 2016; but now through the same four-day stint of 2017, gold's net gain...

I wasn’t going to write anything until next week, but reporting on the annual performance for gold and silver in the first week of the year is appropriate and timely. Publishing the following table has been an annual event in my work for the past few years. Using...

January 7, 2017

After my whirlwind tour, I’m back and markets are acting strong. The trend remains up…so that’s really all we need to know. Moreover, precious metals are as well…at least for now. With Chinese New Year starting in a few week, this strength is not likely to last from...

How can we summarize the last year in the gold market? First of all, it was a mixed year for gold. The first half of 2016 was excellent for the yellow metal. Actually, the several-month long bull market in gold started in December 2015, when the shiny metal found a...

Gold sector is on a major buy signal and short term is on buy signal. Cycle is up. Gold stocks testing resistance. Silver is on a long-term buy signal. Short-term is on buy signal. Silver is more volatile than gold, manage your risk.

Many people who have been steady loyal dedicated even honorable investors in the gold & silver trade as personal protection for life savings have endured struggles with the family and friends. Whether the conversations are with dullards or stubborn types, maybe...

January 6, 2017

At the beginning of a new year it would be totally natural to forecast what the likely events and trends will be for 2017. A lot of experts around the world will predict a number of “new” events as if a lot of things will change just because we are entering a new...

The gold miners’ stocks are rocketing higher again after suffering a rough few months. Following sharp selloffs on gold-futures stops being run, the Trumphoria stock-market surge, and a more-hawkish-than-expected Fed, this battered sector had largely been left for...

Here are today's videos and charts

In December 2016 Chinese wholesale gold demand, measured by withdrawals from the vaults of the Shanghai Gold Exchange (SGE), accounted for 196 tonnes, down 9 % from November. December was still a strong month for SGE withdrawals due to the fact the gold price...

Gold’s rally, which took off in earnest a week ago, signaled more to come on Thursday when it pushed above two prior peaks on the daily chart (see inset). This indicates a new and healthy trend, according to the proprietary Hidden Pivot Method that we use to trade...

Gold Investing sentiment amongst Western households came into 2017 with the strongest end-year reading since 2012. 2016's gold investing demand also set a 4-year record by weight, confirming the upturn in sentiment as prices rose across the year.

January 5, 2017

Precious metals had a wild ride in 2016, launching higher in the first half of the year and then falling much of the way back to earth in the second half. Our outlook for 2017 hinges on some of the drivers that figured prominently in last year’s trading. There are...

With US major equity indices near all-time highs, investors concluded 2016 with great optimism. A new era is dawning with Trump's US presidential election victory in November. The US Dollar Index broke through the psychological 100 level, reaching a decade high as...

The Fiat Money Quantity[i] has now breached the $15 trillion level, standing at $15,108bn on November 1st 2016, the last calculable date. This is now $6.3 trillion above the pre-Lehman crisis trend-line, exceeding it by 72%. Instead of the Lehman rescue being a...

Curious about investing in gold?

Visit our comprehensive chart to view all the Gold IRA companies. We've made it easy for you to quickly review all the major companies and make the decision that's right for you.


Latest Articles on Silver Phoenix 500

Gold IRA eBook

The California Gold Rush began on January 24, 1848 when gold was found by James W. Marshall at Sutter's Mill in Coloma.

Gold Eagle twitter                Like Gold Eagle on Facebook