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. 

 

May 15, 2020

I was pacing around the house this lovely but cold Friday afternoon (after finally having the water supply restored after our well filed for unemployment benefits), trying desperately to think of a topic to write about in this weekly missive, when it suddenly...

So here we are, with the sector leading the recovery out of the March crash during still-deflationary times. Inflation? It is not yet anywhere to be found, and that probably has a lot of inflation-centric would-be gold boosters on the sidelines. Someday, when these...

Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.

The gold futures contact gained 1.43% on Thursday as it broke above the recent consolidation. Gold price has retraced more of its month-long decline from April’s high. On April 14 it was the highest since November of 2012 and the high was at $1,788.80. Since then we...

The recession that started in 1929 is called the Great Depression. The global financial crisis that originated in 2007 bears the name the Great Recession. The current coronavirus crisis can be called the Great Lockdown. Let’s take a look at the Great Lockdown and...

The major gold miners’ stocks have rallied dramatically out of mid-March’s stock-panic lows, soaring to new bull-market highs. Their just-reported Q1’20 operational and financial results reveal whether today’s higher gold-stock prices are fundamentally justified....

May 14, 2020

Some are really simple and casual. Some are intense and intimate. Some blossom, while other deteriorate over time. Some make one a better person, and some drag one straight to hell.

President Reagan memorably said that the nine words you don’t want to hear are “I’m from the government and I’m here to help.” Governments in all the major jurisdictions are now making good on that unwanted promise and are taking responsibility for everything from...

Foodflation is registering at the checkout lines of your local grocery store – and in a bigger way than has been seen in decades. On Tuesday, the U.S. Labor Department reported that grocery prices paid by consumers surged 2.6% in April. That’s the largest one-month...

Powell gave a much-awaited speech yesterday, in which he sent one bearish and two bullish messages for gold. What exactly did he say and what does it mean for the yellow metal?

Our researchers believe the US stock market has potentially ended the “relief rally” phase where the US Fed stimulus pushed prices off the recent lows and upward towards key Fibonacci retracement levels and will soon engage in a new price exploration phase.  We...

May 13, 2020

As the Nasdaq makes a new high for the year, the world outside the stock market timebomb is falling apart. For example the UN agency, The International Labour Organisation (ILO) reports that 1.6 billion jobs are at risk in the global economy. That is half of the...

The precious metals market did almost nothing yesterday, and consequently we have relatively little to comment on today. There are two subtly bearish signs that we would like to feature, nonetheless.

The gold futures contrac gained 0.52% on Tuesday as it continued to fluctuate within a short-term consolidation. The market remains close to the price level of $1,700. Gold is still trading within a flat correction after its April’s advance. On April 14 it was the...

“There is always going to be those who have a vested interest in it not going past the all time high for as long as they can attempt to manage that”

May 12, 2020

April job report shows a terrible US labor market. Coronavirus destroyed 20.5 million jobs, pushing the unemployment rate to almost 15 percent. How far does the number reflect reality – and what does it actually mean for the gold market?

The massive global debt driven “Everything Bubble” is bursting due to the pandemic and more specifically the governments draconian economic lockdowns

It’s the soft demand season for gold (April-Sept), and that means upside and downside breakouts can become “wet noodle” affairs. Bulls and bears who aren’t prepared for this type of sideways price action may get frustrated.

I think there has been more hair torn out in frustration during this rally off the 2200SPX region lows than at almost any other time in market history. The frustration in trying to understand this market is ubiquitous.

It is inevitable that there will be a monetary reset in the not too distant future to rein in the unlimited fiat currency printing by all major countries.  It is clear that gold will play as an important anchor in the reset.  There are several proposals for the...

A month is all it took to wipe out a decade of jobs growth. U.S. employers cut an unprecedented 20.5 million jobs in April, the most in history, while the unemployment rate rocketed up to 14.7 percent. As of last week, a head-spinning 33.5 million Americans, or one...

May 11, 2020

The universe being as rich as it is, neither the world, nor the precious metals market ends with gold. In today’s article, we’ll look at palladium’s strength, platinum performance, and listen to the message of the gold-to-silver ratio. Of course, the point is to...

The stock market continues to price in a V-shaped recovery, which I find unlikely. More and more companies are filing for bankruptcy weekly, and that trend appears to be accelerating. The devastation to the economy could take one to two years to fully realize. 

The deflation and depression is right here, right now, and if you don’t believe that, try asking some of the 30 million people who just lost their jobs in the US or those who (used to) work in the catering and tourism industries.

What it cannot do is cure the virus.  What it could do, however, according to a good many analysts, is act as an effective hedge against its economic consequences. Since the beginning of the year through April, the metal was up 11.73% during probably the worst...

Current Position of the Market

SPX: Long-term trend – We are in an official bear market



Intermediate trend – re-testing April high

May 10, 2020

Last week's trading saw gold holding weaker into Wednesday's session, where the low for the week was eventually made with the tag of the 1683.00 figure. From there, strength was seen into an early-Friday high of 1735.50 - before backing off the same into the daily/...

Not that this week's title came without warning per this end-of-day table presented in The Gold Update three weeks ago, Gold having closed back then on 17 April per the red box at 1695.

Some may look at the chart below comparing our present market decline to that of the Great Depression’s Dow Jones bear market and see an element of hyperbole in it.  But before this bear market sees its ultimate bottom, I won’t be the only market commentator making...

The equity markets rebounded more than nearly 3% last week, perhaps due to the Happy Mother’s Day weekend and the reopening of some stores. A number of Wall Street analysts are now forecasting the resumption of the equity bull markets, with obvious encouragement of...

Curious about investing in gold?

Visit our comprehensive chart to view all the Gold IRA companies. We've made it easy for you to quickly review all the major companies and make the decision that's right for you.

Latest Articles on Silver Phoenix 500

Gold is found in nature in quartz veins

Gold Eagle twitter                Like Gold Eagle on Facebook