Gold and precious metal equities are giving sell signals in all periods.
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.
September 28, 2013
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...
Since the beginning of the year, the US monetary base (MB) has increased $912 billion or just over 34%. The monetary base is the basest form of money. MB includes currency that is circulating in a country plus commercial bank reserves (required and excess) that are...
The WHOLESALE price of gold and other precious metals touched 4-session highs Thursday morning in London, after US Treasury secretary Jack Lew warned yesterday that the government will run out of money in just 3 weeks' time if Congress doesn't approve new debt.
September 25, 2013
The USTreasury Bond market breakdown is in progress, all part of the general USDollar global rejection that is taking the world by storm. Of course, residents inside the US Dome do not notice, since they only perceive it as the native currency. From conversations...
CAUTION! Before you continue…If you believe that total government debt can grow FOREVER and more rapidly than the underlying economy, this article is NOT for you. If you believe that governmental deficit spending, QE, and bond monetization can continue FOREVER...
Goldman Sachs created a stir recently when it forecasted that gold would fall to $1,000 an ounce by the end of 2014, as the firm expected the Federal Reserve to reduce its bond buying program. Goldman also suggested that gold miners might want to hedge their output...
My last analysis has was wrong, as Gold was not able to hold above important support around US$1,355. Instead Gold sold off sharply in front of last week´s FED meeting.
WHOLESALE gold held unchanged in London on Wednesday, moving around last week's finish of $1325 per ounce as world stock markets and the US Dollar also reversed yesterday's small moves.
September 24, 2013
Warren Buffet explained why he does not see the value in gold in his annual report from 2011. It was republished by ivanhoff, and came to my attention last week, which gave me this occasion to respond. Here I go.
The PRICE of wholesale gold retreated to yesterday's low at $1315 per ounce in London trade Tuesday morning, drifting down as world stock markets and commodity prices also slipped.
Is sizable QE tapering really going to happen? Perhaps, but the Fed has based the implementation of tapering on a consistent drop in the employment rate, and a steady increase in the housing market.
Last week, after the Fed said it would stick to its stimulus plan for now, the yellow metal gained more than 4%, leading the rally in commodities, and rose to a new one-week high. At the same time crude oil extended earlier increases and finally gained over 2% on...
In our 18th September Update we said that the Fed's decision not to "taper" was not, in and of itself, meaningfully bullish for gold. The economic effects of $85B/month of asset monetisation are not materially different from the economic effects of $70B/month of...
September 23, 2013
Everyone knows that gold (COMEX:GCZ13) and silver (COMEX:SIZ13) have value, but few people understand their real value. Some people say that the current price of gold and silver is too high after rising 12 years. Is that true? If we know the real value of gold and...
You can say a lot of things about working in the money management business, but you cannot include the words dull or boring in your commentary. The markets finally got past the overly anticipated September Fed meeting, which allowed the political posturing in...
Life (these days) as a precious metals commentator is a study in exasperation. Fundamentals mean nothing. What passes for “mainstream analysis” ranges from the merely inane to the totally insane. Financial crime in the sector – officially sanctioned – is rampant.
Analysis below was published on September 18th, in the morning prior to gold shooting up $60/ounce after the FED announcement.. Even before this event happened, the take home message was that the HUI and gold remain in sideways consolidation patterns with identified...
Last week’s opening title was ‘Get Ready for a Climax to the ‘Taper’ Hype’ and boy did it ever climax. The FOMC rolled over and the market over reacted. Everybody it seems (bears, bulls, inflationists, deflationists, gold bugs; everybody) was punished at one point...
If you listen to TV commentators, you’ve been told the worst is behind us. Growth is picking up, and Europe is coming out of its slumber. No one seems to be concerned that this tepid below-2-percent growth is being entirely fed by the central bank’s massive money...