Russian President Vladimir Putin created a stir recently when he shared his thoughts with Americans in an op-ed printed in The New York Times. According to The Times, very few pieces written by heads of state have been published by the paper and very few received...
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.
October 1, 2013
We summarized our previous free commentary ( http://www.gold-eagle.com/article/current-situation-us-dollar-and-non-us... ) by stating that the medium-term outlook was bearish – did anything change?
As one deadline after another passes, the US government is beginning to shut down. This is a truly horrific situation, and I'm stunned by the incredible complacency being exhibited by stock market investors. For decades, I've labeled the September-October time frame...
The U.S. government has begun a partial shutdown for the first time in 17 years, after the two houses of Congress failed to agree a budget. The Republican-led House of Representatives insisted on delaying Mr Obama's healthcare reform - dubbed Obamacare - as a...
For the entire history of the Federal Reserve prior to October of 2008, the Fed was not legally able to pay interest on bank reserves. However, the Emergency Economic Stabilization Act of 2008 gave the Fed the power to pay interest on reserves and the Fed has since...
September 30, 2013
Before giving in to some late day selling, the stock market was holding up relatively well Monday given the negative drag from the budget talks in Washington. A positive offset came out of the Midwest.
When Lucy keeps changing the rules and the yardage required for Charlie Brown to move the ball down the field changes on every play, the incentives change just as they do in economics. Rules that provide advantages for some over others and protect against the true...
Tensions in the Middle East have always had an impact on everyday life around the world through their effect on the price of oil. During the last month we saw this impact very clearly. At the beginning of September, the price of light crude dropped as fears of U.S....
CNBC announced this morning that a total shutdown of the US government may limit gold's price decline, and there is a new rumour that CNBC may announce later today that if the known universe is 100% destroyed, that event could also limit a gold price decline.
In the interest of simplicity there will be little talk of support, resistance, volume and measured objectives in this segment of the service. In short, all we want to know with these charts is ‘are they on bull, bear or neutral signals?’ Very mechanical, very...
Put simply, so long as a central bank decides to hold interest rates at a chosen level and is prepared to provide liquidity to any bank that requires it, the central bank stands in the market to offer unlimited quantities of money at the stated rate. As a result...
In this Weekend Report I would like to look at the Chartology of the precious metals complex as this is either a consolation phase or as some think a bottoming formation is building out that will lead to the next bull market. In order to grasp what is really going...
September 29, 2013
In recent commentaries we’ve looked at the possible scenario for an October stock market correction. This scenario is based on Kress cycle “echo” considerations as well as a number of technical and market psychology indicators which suggest a market top may be...
September 28, 2013
I like watching the old B&W programing from the golden age of TV; shows from the late 1940s to the early 1960s. It’s amazing how many financial concerns one generation shares with another. I got the following from the 1950s George Burns and Gracie Allen Show...
If “they” can get you to ask the wrong question[s], “they” do not have to worry about giving the right answer[s].
A corrective type of week for the markets after a good run recently is just what we needed. There are some strong stocks holding up well and even advancing here -- and it’s those stocks you want to take note of. The stocks that hold up best during corrections are...
Once again, the lapdog media is agog over increased consumer spending data stemming from what it calls ‘rising wages’. We’ve been down this road before a time or three and we know the major debunking points of this particular government statistic. What is curious...
Our equity/bond model - This long term reliable investing model provides investors with simple decision making in the markets: -When the model favors stocks, investors should overweigh in equities for maximum growth. -When the model favors bonds, investors should...
Gold and precious metal equities are giving sell signals in all periods.
September 27, 2013
In our last editorial ( http://www.gold-eagle.com/article/historic-buying-opportunity-coming-gol... ) we pointed out how the gold stocks had veered off the recovery course. They fell well below the recovery template and fell below their 50-day moving averages....
Markets have been running with lower than normal volume for quite some time, but this week I noticed that the Dow Jones Industrial Average (DJIA) was running with only about half its 250-EMA of volume, and I wondered if there was some technical significance to this...
Gold’s price multiplying by over fivefold since 2001 has unleashed an onslaught of exploration all over the globe. Countless mining companies, both old and new, have sought to get their piece of one of the hottest commodities of the 21st century.
Inflation spigots are open and running 24/7…and an economy that needs to purge the excesses keeps resisting the inflation…Within this, we are in a phase where policy makers appear effective because at the margins the economy is creeping toward improvement. But in...
Pulitzer Prize-winning journalist David Cay Johnston says the incomes of the bottom 90 percent of Americans, after being adjusted for inflation, grew on average by only $59 between 1966 and 2011, over the same period the average income of the top 10 percent of...
In the previous week the Fed surprised markets when it decided to stick with its massive stimulus measures. However, in the following days some officials said that the U.S. central bank could still begin tapering later this year. Since then, markets are no clearer...
This is a series on how and why the gold markets fail to reflect the true balance of demand and supply in gold and silver prices. Many investors expect and believe that the gold price is an accurate reflection of demand and supply, but it isn’t.
Thomas Sowell said “It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions into the hands of people who pay no price for being wrong.” …today I would say, “or into the hands of people
September 26, 2013
It’s been a crazy month. So much drama and so much uncertainty … it all left investors somewhat shell shocked.
A national postal and infrastructure bank could protect our money, rebuild the nation, and won't cost taxpayers a dime.
Vladimir Putin is on a roll. Ever since the Russian president-turned-prime-minister-turned-president got into office 13 years ago, he's been deftly maneuvering Russia back into the ranks of global heavyweights. These days, he's averting cruise missiles from Syria...