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. 

 

July 25, 2020

Our proprietary cycle indicator is up, at 100%. Gold sector remains on long-term buy at the end of June. GLD is on short-term buy signal. Gold sector cycle is up, at a multi-year high. We are holding long and short-term positions.

As the Fed and central banks continue to prop up the global economy with massive monetary stimulus, investors are just beginning to move into the precious metals to protect wealth.  In the first seven months of the year, investors have already purchased three times...

July 24, 2020

Gold prices have had a nice run after bottoming at $1450 in March. However, gold is coming into major resistance (around $1900), and multi-week correction is becoming likely. A decline back towards $1550 in the coming weeks could be one of the last great buying...

Both gold and silver surged dramatically higher this past week, propelled by torrents of investment capital deluging in.  The resulting major new highs are really exciting, unleashing widespread fear-of-missing-out buying.  But the precious metals’ blistering jumps...

The coronavirus recession was shockingly big and swift, but also very short. The global economy has probably started to grow again in May, which was welcomed by the stock market investors. They perceive the crisis as an accident at work or completely external shock...

July 23, 2020

We tend to spend a lot of time looking into the rearview mirror, especially when under duress. Connected to this is something psychologists call "recency bias." This simply means that what has happened in the near to intermediate past tends to inform and influence...

If you have not been paying attention to what is happening in gold, silver and platinum over the past 3+ days, then read this research article carefully.  If you have been paying attention to the move in Precious Metals, then keep reading to learn why this move is...

Zeus punished the hubristic King Sisyphus to roll a huge boulder up a very steep hill in Hades. Before Sisyphus reached the top, the stone rolled down and he had to start all over again.

The best performing precious metal for the week was silver, up 3.24 percent and marking six weeks of consecutive gains. Silver was strong again this week as the metal neared $20 an ounce, a level last seen in September 2016. The metal is up 66 percent from its March...

July 22, 2020

It has been quite some time since I have published an article on gold. Unfortunately, we have become so busy at Elliottwavetrader that I simply have not had the time to publish many public articles.

Given the current uncertainties and recent market moves, money manager Adrian Day offers some thoughts on the macroeconomic environment.

European leaders stroke a historic deal that could be a game-changer and provide a support for the euro and gold against the U.S. dollar.

The gold mining complex is breaking out of a large and powerful pattern which suggests years of gains and hundreds of percentage points lie ahead for investors. For those who possess the proper risk tolerance for this type of investing, the time to get involved is...

It may or may not happen at next week's FOMC, but that hardly matters. What's important is that a policy shift is coming and the impact upon the precious metals will be significant.

July 21, 2020

These are the main facts for investors to keep in mind at this point in “gold bull era” time.

July 20, 2020

Last week, China reported that its economy grew 3.2 percent year-on-year in the second quarter of this year, following a 6.8 percent contraction in the previous quarter, as the chart below shows. Importantly, the actual growth rate beat the market expectations of a...

The US stock market stalled early this week as earnings started to hit.  A number of news and other items are pending with earnings just starting to roll in.  There have been some big numbers posted from JP Morgan and Goldman Sachs.   Yet, the markets have reacted...

I have been on vacation this last week, and when I had some downtime and the family was asleep, one of the activities in which I engaged was to peruse the articles written over the last week on the market. (Yea, I know... call me a nerd if you like). And, during my...

Last week, we wrote that gold miners flashed an “extremely overbought” signal, which they had only flashed once in the past – almost right at the 2016 top. Gold Miners Bullish Percent Index recently moved to the highest level that it could reach – 100.

After a measured advance in recent months gold looks on for a breakout to new highs soon. On its latest 11-year chart we can see that, with the Bowl boundary steepening to become near vertical, it could rise very rapidly and very soon, which fits with the most...

July 19, 2020

Last week's trading saw gold holding in consolidation mode, with the metal forming its low in Tuesday's session, doing so with the tag of the 1791.10 figure. From there, strength was seen into a Wednesday high of 1819.50 - before seeing sideways action into Thursday...

On June 8th the Dow Jones increased to a BEV -6.70%, and so far that has been the peak in the advance off its March 23rd’ BEV -37.09% bottom.  Since early June (the last twenty-eight NYSE trading sessions) the Dow Jones has oscillated between its BEV -5% and -15%...

Greetings from Rancho Santa Fe, where like Gold's path, the roads which rise from the ocean undulate with an upside bias toward a limitless sky. Undulate, indeed, as per the "Nothing Moves in a Straight Line Dept.", whilst fundamentally fantastic, Gold near-term...

July 18, 2020

Gold reached $1,800, close to its all-time high of $1,923. Silver reached $19, a long way from its high of $50. The NASDAQ hit another new high. Tesla closed on July 10 at $1,544, a new high. Tesla looked outrageously high at $1,200. Now the bubble has blown even...

Gold sector remains on long-term buy at the end of June. Long-term – on major buy signal. Short-term – on buy signals. Gold sector cycle is up, at a multi-year high. We are holding long and short-term positions.

Goldman Sachs, JPMorgan, and BlackRock Financial Management are stacking up wealth like never before, thanks to the Great Recession 2.0, a.k.a. the Second Great Depression. Yet, the Fed maintains its recovery plans do not create wealth disparity.

July 17, 2020

You may have heard that gold typically rallies seasonally from the middle of the year. This trend is driven by jewelry demand, which increases ahead of the Christmas business, the Indian wedding season and the Chinese New Year celebrations on the back of advance...

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

It’s official now! On June 8, the Business Cycle Dating Committee of the National Bureau of Economic Research stated that economic activity in the United States had peaked in February 2020 (and in Q4 2019, when it comes to the peak in quarterly economic activity),...

In recent articles for Goldmoney I have pointed out the dollar’s vulnerability to a final collapse in its purchasing power. This article focuses on the factors that will determine the future for sterling.

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