The changes going on in the world continue to accelerate, but changes that directly relate to gold and silver are hard to find and correlate to developing price activity. This was addressed in the first two paragraphs of last week’s article, Forget The News, so...
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 14, 2015
February 13, 2015
Global capital is looking for a place to hide. But after decades of enthusiastic currency creation and financial engineering, there's way too much of it for any one country to accommodate. This mismatch between money knocking at the door and available space is...
For the most part positive fundamentals (for gold mining companies) refers to rising Gold prices. However, this neglects the things under the surface which can affect margins as much as headline prices and in some cases more.
US T-Bond, Crude Oil, Gold Bull Signals, Silver Bull Signals, GDX & GDXJ analysis via videos.
Central bank gold buying surged another 17% last year as countries outside of the Western hemisphere continue to stockpile the only currency with no counterparty risk.
For 13 years, I have watched one of North America’s largest bullion dealers – with unquestionably, the most viewed website – spew anti-gold propaganda day in and day out, going out of its way to bring every imaginable negative viewpoint to bearing. And not only...
Gold’s sharp early-year surge has fizzled in recent weeks as investment demand faded. The primary reason is the universal belief that the Fed’s upcoming rate hikes are very bearish for gold. Higher rates will make zero-yielding gold relatively less attractive,...
One of the most compelling ratios describing the true nature of the current economic-financial state of affairs is the current relationship between labor force participation and corporate profits. Labor participation is at historic lows at a time when corporate...
February 12, 2015
Let us go straight to the key message. The long-term gold chart is flashing a “buy” signal based on the technical indicator “MACD.” The chart below says it all. Mind that this is a monthly chart, which means it looks at gold from a long term perspective. This chart...
It's PEACE! Russia and Ukraine have reached another cease fire agreement (maybe their 5th?) which will begin Sunday. Let’s see if this one holds? Ukraine cannot continue hostilities without the U.S. supplying them. What will U.S. reaction to this agreement be?...
Despite some improvement from their November/December 2014 lows, gold stocks remain depressed. I use the word depressed because that is the only way one can describe it even though the gold stocks as represented by the Gold Bugs Index (HUI) are up a stellar 28%...
Here's the conclusion of our 2014 gold forecast: "Based on the small historical sample size, which is all we have to go on, you should ignore the predictions that gold will zoom straight back to its 2011 top.
February 11, 2015
After over three years of this corrective market action, I am sure those bullishly inclined are worn to the nub. I am sure you have completely run out of patience. I would not be surprised if you have even yelled at your charts, screen, or investment account at one...
I cannot agree with those who state that the bear market has ended and a new Bull has begun! As a metals dealer, I simply do not care if the price goes up or down, neither benefits me more or less as some might write and that we benefit as the price goes up, I do...
As you know, I am in the camp that the West, led by the US is and has been pushing for war. War to create more debt for the banks to skim from, and to retain/prolong the power of dollar hegemony. I also believe China is not looking for a war and neither is Mr. Putin...
Let’s investigate the technicals of platinum using the weekly, monthly and yearly charts.
This year has started brightly with gold, silver and the miners all posting sharp gains. This sudden move upwards brings with it much jubilation with many believing that the illusive bottom is now in and therefore behind us. One day they will be correct with this...
Gone are the ZIRP days – the ‘Zero Interest Rate Policy’ is being replaced by negative interest rates in various countries. ZIRP is a form of financial repression, where savers earn less than the inflation rate to discourage saving. Pundits suggest the U.S. has...
GLD DAILY - We are on day 26 (trading days) from the previous daily cycle low, they average 25 days, so we should be close to a bottom.
February 10, 2015
We might be seeing the first signs of the start of an impulsive move higher in gold.
The S&P500 continues to trade in a tight range. Despite all the moves over the last two months, we’ve really gone nowhere.
Yesterday we looked at the situations in both Ukraine and Greece, and how they are both out of money which makes them potential “flash points” for reality to set in. What I’d like to talk about today are the various “slights of hand” and why a spade can never be...
All gold community eyes should be on the month of March, for three key reasons. First, London is the world’s largest gold trading centre. The LBMA sets the price with a “fix” that is created by bank traders, using telephones.
The Jefferson Airplane sang about truth and lies nearly 50 years ago. “When the truth is found to be lies And all the joy within you dies…” Restating their insight to make it relevant to our global delusions about real money – gold and silver – and the much less...
We learned on Thursday about two very separate trips to be made on Friday. Germany’s Angela Merkel and France’s Francois Hollande made a trek to Moscow which turned out to be a five hour meeting, while John Kerry flew into Kiev. What were these meetings about?...
February 9, 2015
In 958, economist W.H. Phillips wrote a paper that argued an inverse relationship existed between wage inflation and unemployment. The crux of his theory was when unemployment is high wage growth is absent; but when the unemployment rate is low wages rise rapidly...
China’s debt-driven economy and monumentally wasteful building boom which has created entire cities with no inhabitants looks set to unwind as figures show that Chinese imports of raw materials continue to decline.
History never repeats itself exactly, but many similarities between the past and the current Russian crisis suggest that the eastern bear could significantly falter in the future:
Gold and Silver have become overbought in recent weeks along with many of the mining stocks. On Friday the sector took a turn lower with Gold and Silver both dropping through major support levels.
February 8, 2015
SPX is at an inflection point! If it does not continue to rally, but extends its Friday decline instead, it could pick-up enough downside momentum to re-test the 1880 low and perhaps even break below the level which has supported it for the past month.