As massive supply-deficits and vanishing inventories lead to greater and greater stress in our totally corrupted precious metals markets; these dynamics push us toward one of two potential ‘implosion’ events.
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.
April 30, 2013
April 28, 2013
Gold's post-plunge rally of the past 9 trading days has been quite impressive, given what preceded it, but it has not vitiated the implications of the support failure and plunge, and it won’t until either a substantial base pattern forms, or the price breaks ba
We’ve seen lots of talk of massive and historic volatility in the gold market after its recent take down. This is not true. Here is a chart showing every day since 1969 where gold moved (+/-) 5%. Since the early 1980s, the price of gold hasn’t really seen th
April 27, 2013
All in all we didn’t do much this past week. Things were pretty quiet after two amazing weeks in a row. We’re setting up for another move here shortly and markets are looking toppy here.
Dow “Sell In May” Chart
April 26, 2013
Many years ago when I was a teenager, my late father had a friend who was in his sixties. His name was Johnny and he was overweight.
April 25, 2013
One of investors’ biggest fears over the Fed’s monetary stimulus (QE3) is that it will cause runaway inflation. While there are reasons for believing this fear could come to pass in the years following the upcoming 120-year cycle bottom in late 2014, the evide
I was honored to be in St. Paul’s Cathedral attending Margaret Thatcher’s funeral last week.
April 24, 2013
The last three major bull markets of the Dow were followed by some type of economic crisis and a major bull market in gold. This is no coincidence, since these massive bull markets have been mostly driven by the huge expansion of the money supply.
Many economists believe the price of gold has fallen because institutional investors have become more interested in owning the general stock market.
April 23, 2013
So we saw gold fall a hundred plus dollars in a day and I say, it’s fine.
There's a lot of confusion about money and about what does and does not form part of the money supply. Our goal in this short discussion is to reduce the confusion.
Gold prices have managed to recover more than $ 80 an ounce from its recent low as demand for the physical metal explodes.
April 22, 2013
For People Who Think
The cyclical recovery that began in March 2009 has been impressive but is getting long in the tooth. Investors wonder when it will end, and while this can’t be known with precision there are signs that its terminus isn’t far away.
April 21, 2013
In the years following the global financial crisis, economists and investors have gotten very comfortable with very high, and seemingly persistent, government debt.
Here are the historical bull and bear markets for Gold since 1972 (post Bretton Woods) through 2007.
Here are the historical bull and bear markets for Gold since 1972 (post Bretton Woods) through 2007.
US Dollar Lost Soul Chart
April 20, 2013
Memo To Central Bankers:
Memo To Central Bankers:
I covered municipal bond yields last year as they approached their second anniversary of an amazing and historic yield inversion. Geeze Louise, muni-bonds pay tax-free income, yet since November 2011 they have yielded more than Barron’s Best Grade Bonds. Ther
Have a good look at the following two charts.
April 19, 2013
I have never appealed to the so-called conspiracy theories in trying to explain the strange world of fluctuations in the price of monetary metals.
Explanations for this gold selloff abound everywhere and nearly all of them are inane and incorrect.
There are likely, at minimum, half a dozen reasons for the swift correction in precious metals over the past week. The real reason might be one, two, or even all of what I’m going to lay out below.