Gold Editorials & Commentary

Why are the markets so excited that the smartest guy in the room takes his name out of the running for the (second?) most powerful job in the world? With Larry Summers no longer holding back the markets, what’s next for the dollar, currencies and gold?

Today, gold in the global market extended losses into a third session and dropped below $1,300 an ounce, with investors expecting the U.S. Federal Reserve to announce a reduction in its bullion-friendly stimulus measures.

Interest on money causes financial instability and contributes to economic cycles. Governments and central banks try to reduce financial instability and economic cycles. Because of their measures, many people think that they are safe. This introduces a moral hazard...

The Bullish Trifecta Fed Statement. Reduce monthly bond purchases by $10B. Future tapering decisions will be data dependent. Pledge to keep interest rates low for an extended period.

Some commentators such as Mohamed El-Erian, the chief executive officer of Pacific Investment Management (PIMCO), are of the view that the Federal Reserve’s policy of massive asset purchases has added very little to economic growth. A study published by the Federal...

Tomorrow, outgoing Federal Reserve Chairman B.S. Bernanke will do one of two things (while his “friends and supporters” continue to sharpen their knives). He will either (formally/finally) announce the absurdly-hyped “tapering” he has promised; or he will back-down...

A number of bank analysts have suggested that gold could decline to $1000 in 2014. If economic reports continue to suggest growth is accelerating, the Fed might taper quite aggressively, and that could hurt gold prices.

The media love to get a hold of buzz words and then give them a spin and a life all their own. Recent examples were the mainstream media’s presentation of ‘Operation Twist’ – which was simply an official yield curve manipulation designed to sanitize and dampen...

In my previous article (What if the Fed Really Tapers QE? - http://www.gold-eagle.com/article/what-if-fed-really-tapers-qe ) I focused on what would be the likely outcome of limiting the QE program on several key markets (gold, real estate, stocks and bonds). Today...

Wall Street is now reflecting upon the fifth anniversary of the Lehman Brothers bankruptcy and the start of the Credit Crisis. In fact, most are celebrating the belief that the complete collapse of the American economy was avoided thanks to a massive intervention of...

Gold fell around 5% last week despite no major economic data, news developments or significant news regarding physical supply and demand. Once again the decline in the price of the yellow metal can be attributed to massive selling of futures contracts leading to...

The facts are now becoming abundantly clear, that the forecast we’ve maintained for well over two years has been validated: the US is in a DE-pression and both Washington and the Federal Reserve have wasted trillions of Dollars.

Recently we’ve been writing that another opportunity is coming to buy gold stocks. While this is still the case, the facts have changed and we have to tweak our view. The evidence argues that the mining stocks are now likely to retest their lows. Rather than that...

In this report, we look at supply and demand fundamentals in the gold and silver markets. In brief, the basis and cobasis are spreads between the spot and futures market. A rising basis and falling cobasis indicate increasing abundance. A falling basis and rising...

Global petroleum markets continue to price in the odds of war and peace, tough negotiations between Secretary State John Kerry and Russian Foreign Minister Sergei Lavrov continue in Geneva as they seek a way to avoid war and to eliminate Syria of those nasty...

A few have inquired about our greater focus on the charts as they pertain to the Precious Metals, of late, a shift of which we have been cognizant. The reason is, it suits our purpose. Our purpose is to pursue profitable trading, and telling “stories” is not...

Looking at the charts of crude oil, we clearly see that the major factor, which has driven the price of light crude in the recent weeks was the uncertainty around Syria. At the beginning of the previous week, crude oil began to drop after Russia offered to help put...

The PRICE of gold fell hard Monday morning, retreating near Friday's 5-week lows after earlier spiking to $1336 per ounce in Asian hours despite wholesale dealers reporting lacklustre trade.

Following the August 31, 2013 Market Minute titled "gold's rise may be coming to an end", the precious metal now appears to have found solid upside resistance at $1,400-$1,450.

King Coal seems to have its days numbered as two of the most important consumers, the U.S. and China, are ready to ban the construction of new coal-fired power plants.

Our equity/bond model - This long term reliable investing model provides investors with simple decision making in the markets:

Since 2011 the gold and silver markets have been under pressure. Then in June of this year they appeared to have found their bottom with August delivering some nice price advances off the June lows. Everyone was optimistic that come September and October the...

As I mentioned in my last post there is a disturbing possibility that gold's intermediate cycle has topped, and done so in a left translated manner. For clarification, left translated cycles often lead to lower lows. In this case if gold did top on week 9 and the...

A nice week all in all with markets and stocks acting very well in this bull market. We don’t need to fly all the time and recent good gains are being consolidated nicely here as we setup for more upside in the weeks ahead.

On Thursday gold broke down below important support, declaring, in our opinion, that the bear market rally from the June low is over. Today the decline continued, but at a much slower pace, so we should probably look for a short snapback rally very soon.

Gold and precious metal equities are giving sell signals in all periods.

With the world’s eyes focused on Syria, which we deal with extensively in our most recent client brief (and yes it does affect us all personally), there has to be some happy news. What better a way to gin up the idea of the wealth effect than a big run up in the...

THIS SUNDAY, September 15, marks the five-year anniversary of the collapse of Lehman Brothers. Lehman Brothers was large international bank based out of New York. They were well-respected. In fact, they were considered a rock in the marketplace.

A chart analysis on Gold, Silver, Gold Stocks and GDX rules via videos.

Today, gold in the global market reversed early gains and fell to its lowest in more than a month as U.S. futures extended losses on fears the United States would curb its stimulus soon and as a U.S. strike on Syria looked less likely.