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.
May 7, 2023
Vince Lanci talks about the failed breakout in Gold, who was buying in recent days, the potential support levels, and the potential resumption over the next month or two. Vince closed his longs before Friday’s decline and ponders when to get back in.
May 6, 2023
Our proprietary cycle indicator is UP. Trend is UP for gold stocks. Trend is UP for gold. Gold broke out of the CUP formation, and tested support successfully this week.
May 5, 2023
Despite their deteriorating fundamental outlooks, any whisper of a bank run sends gold, silver, and mining stocks higher. Yet, while a potential GFC re-enactment is bearish for the PMs, investors are enthusiastic to bid up the trio, despite the ominous historical...
The gold miners are in the thick of reporting their full Q1’23 operational and financial results. Those are mostly looking good so far, making for an impressive earnings season. Higher gold production is lowering unit costs, driving up operating cashflows and profits...
Here are today's videos and charts.
I penned an article in late September proclaiming a potential bottom in gold as interest rates peaked. Shortly thereafter, precious metals established a base, and prices have been trending higher. Below is the chart from that article highlighting last year's bottom....
Following Wednesday’s Federal Reserve meeting and ¼ point interest rate hike, gold prices reached a new all-time record high: $2,079 in the spot market. This eclipses the previous record of $2,074 set in 2020 by $5 per ounce.
Gold is inches away from its biggest breakout in 50 years and the start of a new secular bull market. It may have already happened by the time you read this. Gold is also beginning a new cyclical bull market with strong potential to soar to $4000-$5000 over the next...
Below we look at the math, history and current oil environment in the backdrop of a global debt crisis to better predict currency and gold market direction without the need of tarot cards.
I think the average American does not know that the US Federal Reserve currently pays 4.90% interest to banks on people’s checking and savings deposits—this includes the cash in the drawer! I just checked my personal savings account and I am currently getting .01% on...
In this video, we are joined by Mike McGlone, macro strategist at Bloomberg Intelligence, and we discuss the potential impact of the Fed's interest rate hikes on the precious metals market, particularly silver and Gold.
In this video Gary discusses the most recent trends in the Gold Markets.
May 4, 2023
Yesterday the Federal Reserve raised interest rates another 25 basis points, while Fed chairman Jerome Powell talked about the soundness and stability of the banking sector.
At his May FOMC press conference, Mr. Powell tried his hand at stand-up comedy by saying "banking conditions have broadly improved since March." Could it really be possible that he can be so blind to what is actually happening within the banking system?
So, the Fed did as expected, raising the rates by 0.25%. But that didn’t really matter. What mattered was what was said later. And how it was then interpreted.
Although the practice of gold mining has been around for thousands of years, it’s estimated that roughly 86% of all above-ground gold was extracted in the last 200 years. With modern mining techniques making large-scale production possible, global gold production has...
“The metals” is not a thing says the Copper/Gold ratio; but a more in-depth macro view is required as this Greed/Fear ratio breaks down
There has been a lot of talk in recent months about the narrowness of the rally in stocks so far this year. It’s no secret that the majority of the gains for the index have come from just a handful of stocks while many smaller names have performed much more poorly in...
The Federal Reserve’s Federal Open Market Committee (FOMC) on Wednesday raised the target policy interest rate (the federal funds rate) to 5.25 percent, an increase of 25 basis points. With this latest increase, the target has increased 5 percent since February 2022....
Gold and silver have both been flat this morning, as the market awaits the Fed's interest rate announcement at 2 PM eastern. Where another 25 basis point interest rate hike is largely expected, with many market participants feeling this will be the last hike, and some...
Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us to review his technical outlook on the precious metals sector, and some investing considerations for switching from a bear market to bull market playbook
May 3, 2023
The best-performing precious metal for the week was gold, up 0.38%. Gold prices in India have soared to the highest ever, damping the outlook for demand in the world's second-biggest consumer.
CME Group shows this to be the last Fed rate hike of this cycle Of course, all you have to do is look at the indicators beneath the surface to know that inflation was whipped many months ago while the egghead zombies steered policy with backward looking data like CPI....
Last week the House passed legislation increasing the debt ceiling. The bill was supported by all but four Republicans. For some Republicans, this was the first time they had ever voted for a debt ceiling increase.
Adrian Day, the founder of Adrian Day asset management returns to the show to discuss the current state of the US economy and how it will affect silver and gold markets. Adrian explains that despite a recent drop in inflation numbers, indicators suggest that inflation...
In this video Gary discusses the markets ahead of the FOMC meeting and that it will be easier for the FED to make hard decisions if the market is moving up leading into the meeting.
May 2, 2023
The antics of American slapstick comedians like Buster Keaton, Stan Laurel, and Oliver Hardy were incredibly hilarious, but the ridiculous antics of the US government are even funnier.
If I told you that I received the GDP report the day before it was announced, and it showed that GDP came in almost half of the general expectations, 99% of those I would tell would automatically assume that the market would drop hard after it was announced. Yet, the...
We are one third of the way through 2023, and it has certainly been interesting in the bullion markets thus far. The year opened with supply and demand for coins, rounds, and bars pretty well balanced. Demand surged when the failure of Silicon Valley Bank awakened...
Gold and Silver remain in a correction but thus far the damage has been thin. Gold has initial support at $1980 followed by $1950 and $1900. Silver continues to hold above $24.50. The action over the next week or two can inform us if a bull flag is developing or if...
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78 percent of the yearly gold supply--is made into jewelry.
