Bank accounts at majority of banks in Britain and Ireland are vulnerable to hacking says Financial Times. Two-step authentication process used by most banks is inadequate. Vulnerabilities identified similar to those that were used by hackers to steal up to $1...
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.
March 5, 2015
The world needs gold, says AlphaStox's Etienne Moshevich. And while it has been out of favor for the last few years, a series of macro factors point to its uptrend. In this interview with The Gold Report, Moshevich discusses 11 gold, manganese and graphite companies...
Target of opportunity, QWK PDAC Show Review for you in 4 lines: NEM rep confirms ABX was close to making offer, & still possible in 2015. Sentiment = wary, not depressed like last year. Manipulation acknowledgment widespread. Projects in progress will be...
March 4, 2015
In the January BIG GOLD, I interviewed a plethora of experts on their views about gold for this year. The issue was so popular that we decided to republish a portion of the edition here.
It is very difficult to find a foreign policy deployed by the United States Govt that has been successful in recent years. In fact, almost all aggressive foreign policy initiatives have resulted in profound losses either in financial strategic position or in...
March 3, 2015
Friday will see the release of the much anticipated monthly US Non-Farm Payrolls figures. Even more so than in previous months this data will be influential in setting the direction of the gold market between its release on Friday and the next Federal Reserve policy...
The FDIC is getting serious with banks across the nation to insure that all suspicious activity is reported insuring that no money laundering is being handled at their federally funded, insured facilities. You can be sure that these new requirements in customer...
One interpretation is that we are living in the best of all possible worlds. Another is that we are being led to financial slaughter.
In our opinion speculative short positions (full) in gold, silver and mining stocks are justified from the risk/reward perspective. We are keeping the stop-loss levels at their current levels, which means that we are effectively keeping some gains locked and at the...
From a seasonal perspective, gold tends to be a bit weak from late February until the end of the first or second week in March. I see nothing out of the ordinary with gold’s current price action.
Gold prices pared earlier gains on Monday after hitting the highest in almost two weeks as gains for equities cut demand for safe haven assets. In a surprise move, the People’s Bank of China (PBoC) lowered the benchmark one-year loan rate by 0.25% to 5.35%. The one-...
March 2, 2015
We should now be in a very powerful wave ^iii^ rally that has the possibility of gold running to above the $1400 level. We are very encouraged by the wave structure shown on the attached 30 Min intraday chart. As you can see, this market is subdividing with rallies...
Is there anything Apple can’t do? First it revolutionized the personal computing business. Then, with the launch of the iPod in 2001, it forced the music industry to change its tune. Against initial market reservations, the company succeeded at making Star Trek-like...
Going into 2015 the economic outlook held by the U.S. investment establishment could not have been much more positive, and more unified. Pundits saw all the variables aligning to create the best of all investment worlds, a virtual "no-brainer" of optimism. Many...
It just wasn't our February, was it? No. And to think: after all that end-of-January flag-waving to support the tradition of love's favouring Gold in the month of February, only to see their relationship again go off the boil -- indeed to the worst degree this...
Every now and then I’ll do a post on “What If ” something is changing or not following along with what the original Chartology was suggesting. I have to keep an unbiased opinion and follow what the charts are saying. Sometimes it’s easier said than done. I know many...
Gold rebounded from the lowest level in seven weeks following Federal Reserve Chair Janet Yellen’s comments signaling that an interest rate increase isn’t imminent. Analysts are now coalescing around September for an initial rate hike. Gold climbed to the highest in...
The model is in a "soft" sell mode. A move above US$1,313 would probably signal the end of the bear market in gold. Seasonality remains weak until June. CoT-Data suggests that Gold needs more corrective price action before a contrarian buy signal will flash.
We continue to get mixed signals from the precious metals sector. A few of the mining stocks are looking bullish while the mining indexes remain fairly bearish. Gold looks somewhat bullish in the daily timeframe but the weekly chart is bearish. These mixed signals...
March 1, 2015
The past week showed low volatility. SPX has been decelerating over the past two weeks and looks ready to start a minor correction. We should know this coming week if that is its intention.
The common perception in the market is that the news causes changes in market psychology and fundamentals, which then causes changes in stock prices. But I believe that the correct, more consistently applicable premise is that market psychology and sentiment are the...
The 10/20 week cycle low is due within this time frame. The previous 10 wk cycle low (ideally 50 trading days) on Dec 15, 2014 ran just 43 trading days. The next ideal trading low is due on March 6, 2015.
A nice week for leading stocks and markets who are teetering at all-time highs once again. The bull markets are slowly raging on -- and that is great. Once we begin to really see things get out of control on the upside, the end will be near. But we are not yet there...
As most of you who’ve followed me over the years already know, I’m not really expecting a final three year cycle low in the CRB until later in the year. However… there are a few signs popping up that could be indicating that the 3 year cycle low is going to come...
The latest figures for net gold exports from Hong Kong into China confirm the latter nation’s strong demand in the run up to the Chinese New Year holiday. The figure for January was 76 tonnes, up from 71 tonnes in December, but it should be realised that this Hong...
While Russia may not have added to its gold reserves in January this does not mean its gold buying spree is over – at least not yet.
Strange things have been happening in NYSE market breadth, [also known as the Advance – Decline Line (A-D Line or A-D Ratio)] since April 1998. During the six year period from April 1998 through January 2003 (green circle below) the NYSE A-D Ratio behaved in...
February 28, 2015
Long term – on major sell signal since Mar 2012 when $HUI was at 550. Short term – on sell signals. Gold sector cycle – down as of 2/07, ending the up cycle since November.
Gold’s CoT data predictably improved again this week, but here I think some discussion is needed just in case it starts to get hyped too much. Below is the CoT on an improving trend of Commercial short covering and large Speculator long reduction. Okay, that’s good...
From a perspective of logic, the world makes less and less sense as the elites relentlessly, and successfully pursue their one world government. There has been an increased awareness of the Rothschilds, elites, bankers, those who control all money, all Western...