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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.

 

February 18, 2014

Gold prices surged last week smashing through several key resistance levels including the psychologically important $1300 an ounce level. Gold prices continued to advance last Friday for an eighth session in a row, gaining almost 5% for the week, fuelled by a...

It has been awhile since I have posted on the web and thought this was an appropriate article to share. This article focuses on technical analysis of 3 currencies and the US Dollar Index. A lot of the technical indicators I follow are universal, but the way in which...

Our original intention was to explain where we agreed and disagreed with the article by Cullen Roche at "Pragmatic Capitalism" (is there any other kind of capitalism?) titled "The Biggest Myths in Economics". Instead, while we are still going to refer extensively to...

The US just released US Retail Sales details warn of an alarming problem. 2008 may have been a crisis brought on by US Residential Real Estate, but 2014-2015 is likely to see the next wave triggered by US Retail Commercial Real Estate. The Fed, Banks, Insurance...

February 17, 2014

Precision timing for all time frames through a multi-dimensional approach to technical analysis: Cycles - Breadth - P&F and Fibonacci price projections and occasional Elliott Wave analysis

The dollar dropped a lot more this week than it has in any one week for a long time. Measured conventionally, the gold price spiked $51, and the silver price by $1.47. Gold owners have 4% more dollars, and silver owners have 7.4% more dollars. However, those dollars...

February 16, 2014

Mr. Gold-market has finally and clearly spoken. We are back above the 200-MA (US$1,309.79) for the first time within a year.

TheChartStore.com’s Ron Griess and I go back a lot of years. He is one of the top technical analysts around and we have used his charts at this site almost from its beginning in the 1990s, and before that in the old News & Views newsletters. One of his most...

In the first chart below, we show the big picture for Gold. Gold bottomed July 20th, 1999, wave II’s bottom. Since then, wave III up has been one of the all-time greatest Bull Markets in Gold. The question this weekend is, is Gold’s long-term Bull market from the...

Gold lovers’ hearts are beating faster this week, as the metal rose above $1,300 an ounce for the first time since November. The precious metal also climbed above its 200-day moving average, which hasn’t happened in about a year.

Gold broke out decisively last week from its downtrend dating back to last August, a development that was confirmed by a dramatic high volume breakout by silver on Friday. On its 8-month chart we can see that gold broke out both from its downtrend and also from a...

We often see comments to the effect of interest in gold miner stocks as a play on gold. Ten days ago, we did an analysis of silver-related stocks, Taking Stock of Silver Stocks, looking at SLW, PAAS, CDE, AG, SSRI, and HL. While many view mining companies as a...

At the end of this week we are finally seeing some life in the precious metals markets. Since 2011, investors couldn’t be blamed for believing the price of gold and silver will only go down over time; not after Washington and Wall Street have done all in their...

As I expected, the US Fed pulled the trigger and announced an initial “taper” of the Quantitative Easing (QE) program. Starting this monthly purchases of T Bills and Mortgage Backed Securities will be reduced by $10 billion.

February 15, 2014

We had a very strong week in the markets and many leading stocks this past week. In fact it was the best week this year by a long shot, but I do not think it will end up being our best week of the year in the end.

Bankers can and will steal your cash, but there is no way they can take your personally owned and personally held gold and silver. The ongoing plan for 2014 is to buy and hold even more gold and silver and reduce your exposure to cash held in any bank. Just keep...

Long term – on major sell signal since Mar 2012. Short term – on buy signals. Gold sector cycle – up as of 12/27.

Current investing model favors equities and both the growth and energy sector are on major buy signals. However, there has not been a multi week correction in the major indexes since Nov 2012, most likely due to the four year cycle phenomenon and influence....

2013 was a year of misery for the gold bugs. After 12 consecutive up years, a pause might have been expected but most failed to see the large drop that actually occurred. What happened was the worst down year for gold since 1997 and the highest loss since 1981. Gold...

2013 worked out much better for most major bourses than even optimistic forecasters expected. In large part that was due to multiple expansion. Traders bid up the value of each dollar of earnings and the P/E ratio for the market increased.

February 14, 2014

In January 2014, TERA Asset Management, LLC, launched Tocqueville Bullion Reserve (TBR) with approximately $50 million in assets. TBR is a private partnership designed to help manage systemic risks revealed during the Global Financial Crisis and later through Refco...

Chart Analysis Major Markets, Gold & Silver Bull Flags via videos

Everyone should own gold and silver bullion in the form of coins and bars. The Incas believed gold was the "Sweat of the Sun" and silver was "Tears of the Moon."

Today another piece fell into place in my Great Inflation scenario that I'm expecting for 2014. Before I begin let me recap. My overarching driver for the Great Inflation scenario is that the dollar would have some kind of crisis, or semi-crisis late this year as it...

Gold stocks just surged to a major technical breakout, a very bullish omen. Investors are actually starting to redeploy capital in this battered sector, catapulting gold stocks into the early lead as 2014’s best performers! This year is shaping up to be the polar...

In recent months we compared the bear market in gold stocks to bear markets of the past. Readers were probably getting sick of seeing our bear analogs chart which made the case that a major bottom was coming. The good news is the major bottom is in and now we can...

The China Gold Association this week released estimates for China's "gold consumption" for 2013 at 1,176 tonnes. Furthermore the CGA reported China's own gold production at 428 tonnes. The CGA's figures were significantly less than recorded imports into China from...

We preface the post with a statement that has not changed since I began public writing nearly 10 years ago: Gold is not about price; gold is about value. This point was hammered home to me 11 years ago by a person who had much influence upon my viewpoint toward...

Nothing matters to anybody until it matters to everybody — and by then it's too late. This could easily be said for the gold and silver price manipulation.

It’s been a tough bear market for the gold and silver miners. The Philadelphia Gold & Silver Miners Index (XAU) reached a weekly high in April 2011 (225.79) and declined some 64% peak to trough by December 2013 (weekly low 80.43). After an 11-year bull market in...

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