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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.

 

July 25, 2013

This chart courtesy Federal Reserve Bank of St.

With gold headed to hopefully its first good up month in the past 10 months (setting aside a small gain in March 2013) it might be time to look at what happened at previous gold lows since the major double bottom lows seen in August 1999 and February 2001.

The Great Paper Liquidation continues. While the stampede out of the banksters’ fraudulent paper-called-gold products has eased from its frantic pace of a couple of months earlier, the bleeding continues.

Fall in the Prices of Gold & Silver: Gold and silver recently hit their lows –$1,180 for gold and $18.50 for silver—after being hit by tremendous persistent selling from the SPDR gold ETF and then a major, well-engineered bear raid from

WHOLESALE gold rallied from a drop to $1310 per ounce Thursday lunchtime in London, gaining as world stock markets also cut earlier losses.

July 24, 2013

I coined the term temporary backwardation in March of last year. This is what I said:

As the Federal Reserve moves closer to tapering their monetary stimulus program, you can bet they are keeping an eye on developments in China.

THERE HAS been a lot of misinformation recently about COMEX warehouse gold stocks.

During a week of sharply rebounding precious metals and mining share prices, Gary Savage, technical gold trader and publisher of the Smart Money Tracker, was kind enough to share his comments.

Gold is signaling its next move up in its long term secular bull market. That’s good news for the miners, which are also signaling “Buy, Buy, Buy”. For gold bugs, there is always a good reason to buy gold.

Yesterday, gold climbed up to over $1,347 per ounce after the U.S. dollar slipped against other currencies.

The Fed’s preferred measures of inflation are so low they’re in the Fed’s panic zone. What gives?

The PRICE OF GOLD fell $10 per ounce from a new 5-week high in London on Wednesday morning, but stood higher for the 13th session running amid what one trading desk called "a stop-loss fiesta".

July 23, 2013

The number one reason why stocks are a core component of most long-term financial planning strategies is their purported ability to reliably compound wealth over time.



How has this theory been working out in practice? 

As noted on July 15 (http://www.gold-eagle.com/article/tapering-bets-could-backfire-stock-bears ), our guess is the tapering dialogue at the Fed is more about escalating fears of another round of asset bubbles rather than confidence in the economy or fears about...

Gold has staged a strong rally, and the recent action has created more positive signals, from a technical perspective.

Finally, gold prices smashed through the key resistance level of $1300 an ounce on Monday a few days after Federal Reserve Chairman Ben Bernanke assured investors that the central bank will not be pulling back on its quantitative easing too soon and only if t

Despite a lacklustre summer for precious metals and mining equities, both groups moved up very strongly this week.

Gold surged over 3% yesterday due to what appears to be have been significant short covering due to concerns about gold backwardation and the continual haemorrhaging of gold inventories from the COMEX.

The PRICE OF GOLD eased back to $1330 per ounce Tuesday morning in London, dropping 0.7% from yesterday's 5-week highs as commodities slipped with major government bond prices.

Yesterday was an impulsive looking move and something of a statement in itself. But now technically, the metals and miners need to gather themselves (after a potential pullback on profit taking) and make a real statement.

July 22, 2013

We have covered the rapidly declining COMEX gold inventories in previous articles, and the story seems to be getting old, but COMEX gold continues to drop with registered gold inventories hit their lowest levels ever.  Additionally, total COMEX gold has now dropped...

The Fed’s tea leaves still infer the base case is some form of tapering to their bond buying campaign in September.



My chart this week shows simply nothing!   There is no way to determine what prices are going to do next until gold breaks through $1450 or falls below $1200.  Gold Bugs are waiting for the next drop in price to get rid of their dough!  The other 98%

According to CNBC, the recent volatility in gold prices has left not only investors and traders puzzled about what is going on with the precious metal.

The prevailing mantra on Wall Street is that gold’s bull market is now over and it’s time to bury precious metals as an investment theme for the indefinite future.

I think the title script, like the subject matter, reveals more than first meets the eye. While almost everyone is trying to convince their readers that they have tremendous foresight, in reality most are just followers trying to hop on the latest bandwagon. They...

July 21, 2013

In 1980, in an infamous episode of “American Justice”; the Hunt Brothers were charged (and convicted) with attempting to “corner the silver market” – i.e. an attempt to monopolize it.

Does the Fed chairman really not understand what drives savers to gold...?
BEN BERNANKE, today's most powerful banker, said this week that nobody really understands gold prices, including himself. Victorian Europe's richest man, and bullion broker to the Bank of...

Whoever you are thank you for building this magnificent stairway to the stars! Higher highs and higher lows is everything we could hope for. However, what are all those numbers at the top and the bottom of this chart?

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