FRIDAY'S late 1.1% rally in gold was reversed in Asian and London trade Monday morning, with the metal trading back below $1240 per ounce as world stock markets also slipped with commodities.
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.
December 2, 2013
The following analysis of historical data, supported by current increasingly bullish fundamental factors reasonably suggests gold might logically top $2,315/oz by March 2015.
December 1, 2013
Just a quick Thanksgiving morning update on China's gold imports, which continued at extraordinary levels in October. To put the 131 tonnes in perspective:
How to turn your trading into a simple automated trading strategy: you know the difference among a winning and losing trade – we have all experienced both and know the excitement and the frustration associated with it.
With the US Thanksgiving holiday in full force markets were pretty slow for the past week but they have setup some nice looking charts. We are really shaping up for a nice move into the coming Christmas holiday. As for gold and silver, they certainly haven’t put in...
November 30, 2013
The Fed is busy doing everything in its considerable power to get credit (that is, debt) growing again so that we can get back to what it considers to be “normal.”
Gold and silver are in reverse bubbles, if you will, where price has been both severely distorted and suppressed by central banks, the visible tools of the otherwise hidden moneychangers, those on the top of the population pyramid who want to control and enslave the...
Long term – on major sell signal since Mar 2012. Short term – on sell signals. Gold sector cycle – down as of 11/08.
November 29, 2013
Lewis Carroll’s Alice in Wonderland is a timeless tale that chronicles the journey of a young girl into a psychedelic fantasy land. This tale is one that turns logic upside down, and takes us into a bizarre world that defies reality. To get to this world Alice...
Chart analysis On Gold, GDX and Silver via videos.
Many times in the past, the situation in the U.S. dollar and the euro gave us important clues about future precious metals’ moves. Therefore, today we’ll examine the US Dollar Index (from many perspectives) and the Euro Index to see if there’s anything on the...
WHOLESALE London prices for gold pushed higher in quiet trade Friday morning, on course for the largest November drop since 1978 in US Dollar terms.
The recent rise in interest rates, in response to the threat of Fed tapering, foreshadows the unavoidable demise for the dollar. Not only did the rise in rates have an immediate effect on the housing recovery, it also indirectly exposed the system to another...
What is one to make of a balance sheet that has exploded from roughly $870 billion in 2007 to almost $4 trillion today. That is the balance sheet of the US Federal Reserve Board as the financial crisis of 2008 saw one of the largest bailouts in financial history...
November 28, 2013
WHOLESALE gold rose in price in London trade Thursday, recovering last week's finish of $1243 per ounce to stand some 0.6% above an overnight low.
BIG PICTURE – The world’s economy is growing at a tepid pace and the majority of central banks are pursuing expansionary monetary policies. Furthermore, the central banks of the developed world are engaged in unprecedented asset purchases and it appears as though...
November 27, 2013
Given the recent further weakness in the price of gold bullion, should investors be running for the exit doors? Some well-known “gold bugs” have recently turned bearish on the precious metal. But I’m on the opposite side of the spectrum; I see the pullback in gold...
Ben Bernanke recently provided some clarity to the confusion surrounding the Fed’s QE stimulus program. He indicated that the near-zero Fed Funds rate will likely remain at that level long after ending asset purchases under quantitative easing (QE). This satisfied...
In our previous essay on silver, we examined long- and short-term charts of silver to find out what the outlook for the white metal was. Back then, we wrote the following: (…) an initial downside target – something that silver is likely to reach (and pause / bounce...
Gold under attack, but for how long? Something may have changed Monday in the gold market. For one I think gold probably formed a minor daily cycle bottom. But what I'm really talking about is the complete recovery from another middle of the night attack. For most...
“There are insiders here who are in a position because of their inside knowledge to benefit from this intentional manipulation that is ongoing. These people, I suspect, are accumulating physical gold at artificially depressed levels.
On March 16, 2009, the Financial Accounting Standards Board (FASB), a private-sector organization that establishes financial accounting and reporting standards in the US, turned the stock market around and at the same time motivated banks to become the worst...
Despite its recent weakness, the world is still viewing gold as a store of value. Overall demand remains strong. As Eric Sprott points out, “ It’s staggering to think demand for gold is twice global mine production.” China is now the largest gold buyer and producer...
We have been working a theme lately about the mania going on in US stocks (some valuations are not overly manic but policy sure is, and also the one going on in the mirror (a fun house mirror at that) in the ugly precious metals sector.
EDGING BACK from 1.0% overnight gains, gold briefly dipped below $1250 per ounce in London on Wednesday morning, as world stock markets ticked higher.
The only thing keeping the stock market alive is the easy money that is indirectly being pumped into it by the Federal Reserve, nothing else. The fundamentals for the market are dead in the water.
November 26, 2013
If the sweeping economic reforms planned by Chinese leaders during the Third Plenum can be our guide, it looks to be a promising decade for global investors. Details released recently confirmed President Xi Jinping’s concerted efforts to move China toward a market-...
In our commentary from Nov. 14, you could read about the connection between oil stocks and the general stock market. Back then, we wrote the following: "(…) we clearly see that the XOI and the S&P 500 have moved roughly in the same direction in the recent years...
AN OVERNIGHT RALLY in gold evaporated in London trade Tuesday, pulling the metal back to last week's closing level of $1243 per ounce.
Precious metals market investing requires patience, and an international outlook. “We have gone on and on about the FED tapering, but if you look at the scale of what the BOJ is doing, that has huge global ramifications. I suspect behind the scenes, they are...