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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.

 

September 8, 2013

The answer to the question above unfortunately is maybe. There are definitely warning signs springing up. The first sign of trouble popped up last week when the miners generated a key reversal on huge volume and on a day when gold was actually positive. Something...

Investors have the choice of risking their money in various markets. Let’s see how things have gone for stocks, US T-bonds and the old monetary metals since the top in the US Treasury bond market in Barron’s 4 June 2012 issue. Looking at the stock market via the...

September 7, 2013

There is a lot of uncertainty facing markets this September. Who will replace Bernanke? Will the Fed taper its QE4 program, and slow the goosing of the stock market? How will this past Friday’s August Jobs numbers affect the Fed’s thinking? Will the U.S.

A very constructive week with markets looking like they want to go higher, but are really yet to move that way. Of course that can change and that’s why we need to assess markets on a daily basis and be ready and able to change our minds.

Gold finished Friday up $23.70 on moderate volume to 1391.00, with silver up $0.68 to 23.90 on below average volume. The gold/silver ratio dropped to 58.20. Gold recovered all of what it lost Thursday, but volume in PM was light. The move in gold Friday was...

The good news is: New highs picked up to the highest levels in several weeks. The negatives: The chart below covers the past 6 months showing the S&P500 (SPX) in red and a 10% trend (19 day EMA) of NYSE new highs (NY NH) in green. Dashed vertical lines have...

Is the current rally from the lows the result of: A. Long lines to buy silver and gold coins world-wide B. Unprecedented demand for those same coins, year over year C. Drawdowns of physical gold/silver on COMEX D. Central bank PM vaults about empty E. Reneging on...

All precious metal equities are on mixed signals short-term – although they continue to remain on a major Sell Signal long-term since March 2012.

September 6, 2013

Video Technical Analysis of US T-Bonds, HUI Index, Gold, GDX Index, GDXJ (ETF) and a video review of silver’s pullback:

One nation's recovery is another's credit crisis. Time to sell gold...COTTON is it, for the second anniversary? Today marked two years since gold hit its all-time peak so far.

The last couple of weeks have witnessed changing attitudes of large institutions concerning the gold price. A growing number of institutional analysts are become bullish – some them ultra bullish – on gold’s near-term outlook. What makes this unusual is the fact...

Gold denominated in Indian rupees just skyrocketed up near record highs, a far cry from recent dollar-gold action. Much of this extraordinary rally was fueled by the near-collapse of the Indian currency to new record lows against the US dollar. India’s deepening...

The PRICE of gold jumped $33 from a new 10-session low in just 5 minutes on Friday, touching $1393 per ounce before easing back after August's Non-Farm Payrolls data on US jobs came in weaker than expected.

It is well known that in 1933, President Roosevelt confiscated the gold of U.S. citizens and made possession of gold illegal. He gave gold owners about $20 an ounce and when he was done, he raised the gold price to $35.

September 5, 2013

Many are the myths held so firm by the public. Many are the lies told so boldly by the leaders. Many are the millstones around the neck of the system that is fast losing its momentum. Many are the frauds committed routinely in full view. The entire US system is...

LONDON DELIVERY gold rose back to last week's closing level of $1395 per ounce Thursday morning, reversing an overnight drop of 1.0% as Asian stock markets rose but Europe stocks held flat.

Tonight I would like to show you some charts on the US dollar that is finally showing a little action after a month or so of chopping around towards the lows. I have many different looks that might give us a clue or two on what to expect over the next month or so....

September 4, 2013

In the previous articles and in the previous Market Overview report we discussed the unique macroeconomic position of gold (gold is a system hedge). The main conclusion was that gold is something else than its highly touted reputation as an inflation-hedge.

Shock waves are washing ashore across Asia and the emerging markets and have already destabilized sovereign capital flows. It is eerily reminiscent of the Asian Crisis of 1997. Many are quick to point out that this time it is different because.... These are words...

Since Nixon “temporarily closed the gold window” in 1971 all currencies have been created as debt, not as asset backed real money, like a gold Double Eagle.

WHOLESALE GOLD fell back below $1400 per ounce for the third day running Wednesday lunchtime in London, dropping to $1393 and trading 1.7% below yesterday's high as crude oil and world stock markets both fell 0.5%.

September 3, 2013

Gold has been outperforming both stocks and long-dated Treasuries in recent weeks. Below are four possible scenarios for the yellow metal looking out several weeks:

Summer is traditionally a slow season for precious metals, but this summer started with a rout. In the last week of June, gold and silver hit 2-year lows of $1,192 and $18.61 respectively.

Last week gold rose to its highest level since mid-May as possible military action against Syria prompted safe-haven buying. It’s worth noting that the yellow metal gained over $250 an ounce from its June low of $1,180.71, but in spite of this growth it is still...

“Gold prices are likely to moderate to 1,300/oz by the end of 2013 and then gradually decline to 1,100/oz by the end of 2014 as economic growth in major economies regain momentum as investors increase their demand for riskier assets, National Australia Bank says in...

Actions have consequences. In the market for any physical good (i.e. a commodity), though the laws of supply and demand can be warped, and their corrective dynamics delayed – through brute-force manipulation – they can never be permanently resisted.

Gold prices climbed back above the $1,400 an ounce on Tuesday after Interfax reported that Russia detected a missile launch. A Russian Defense Ministry spokesman quoted by the Interfax news agency said the launch was picked up by an early warning radar station at...

WHOLESALE London prices for physical gold jumped $15 from a drop to $1384 per ounce Tuesday morning, gaining after the Interfax news agency in Russia – political ally of Syria's President Assad – reported two "objects" being fired in the Mediterranean, towards the...

We occasionally see articles where the monetary base is wrongly discussed as if it were akin to the money supply or as if the change in the monetary base indicated the amount of monetary inflation in the economy. We'll now outline the differences between the...

September 2, 2013

From today’s point of view, it seems that the situation hasn’t changed much since our last Oil Update, because light crude is trading between $105 and $107 per barrel once again - just like it did a week ago.

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