There have been quite a few breakouts this year in precious metals. None have been bigger or more significant than Gold breaking out of its 13-year cup and handle pattern and clearing $2100/oz easily.
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.
November 4, 2024
According to the most recent report from the federal government’s Bureau of Labor Statistics, the US economy added only 12,000 payroll jobs during October. This was the smallest month-to-month employment gain in nearly four years. Moreover, total private jobs fell ...
Our time target for the bull market will be registered on election day. Of course, there must be a (+/-) tolerance built into the time target because who among us is a legitimate Swami, able to read the future in pin-point fashion? None of us, that’s who. Least of...
I'm going to do a short little video show you why it's a bit dangerous to try and catch every penny, especially in the silver market, and we see this at every top. Whenever I start to see signs that we may be forming an intermediate top I suggest maybe it's time to...
If it's been a while since you've heard an update about how the Basel banking framework applies to the gold & silver markets, and especially if the whole concept was a little confusing the first time around, then today's show with Vince Lanci is for you!
Vince Lanci discusses the potential for increased volatility during the US Presidential Election. He says the next $200 move in Gold could be lower.
November 3, 2024
Gold’s Highs … Gold just recorded its 16th All-Time Weekly High within the 44 trading weeks that have completed the first 10 months of this year. Price by Gold’s “continuous front-month contract” (at present that for December) tapped 2800 for the first time ever in...
This week, actually these past two weeks have seen the Dow Jones’ valuation deflate under some selling pressure. What’s with that? That is what happens sometimes in a bull market; the market sells off a bit and people begin doubting the advance. Maybe they should...
Precious metals markets enter trading for the month of November, with volatility ramping up. Gold hit a record $2,800 an ounce on Wednesday. But on Halloween, investors got spooked. They fled from the stock market, triggering a 1.9% drop in the S&P 500. Gold...
November 2, 2024
Just days before the high-stakes U.S. presidential election, asset prices—from stocks to commodities—dipped amid heightened market volatility.
Central bank gold buying slowed modestly in the third quarter but remained strong. According to the latest data compiled by the World Gold Council, central banks globally increased gold reserves by a net 186 tons in Q3. This was down by about 8 percent from the...
Gold formed a swing high after reaching our $2,800 target, and a pullback is overdue. Given the election outcome and next week's Fed announcement, prices could go either way in November. If gold corrects, the initial drop could be sharp, followed by sideways trading...
Gold sector cycle is up. Trend is up for gold and gold stocks and for USD. Looking for a pivot low and entry point.
November 1, 2024
The gold miners’ stocks are heading into their winter rally, when strong seasonal tailwinds help boost their advances. This is especially pronounced when gold stocks’ primary drivers of sentiment, technicals, and fundamentals are bullish, which is certainly true...
Volume is important, and I'm seeing a substantial number of junior gold and silver stocks showing big volume bars on the CDNX gold and silver stocks. Here are today's videos and charts.
Gold is on the rise, and so is the typical gold-standard nostalgia that has erupted every time price inflation, banking crises, and/or debt concerns have reappeared after the fall of the Bretton Woods gold-exchange standard in 1971. Certainly, the precious metal’s...
20+ year Treasury bond fund TLT is making a potential whipsaw shakeout move back above the 200 day moving average. This in the wake of a weak GDP report.
Two new charts showing Gold & Silver’s performance after Gold breaks to a new all-time high.
Goldman Sachs has a new gold report out, that includes a time-frame of when they expect $3,000 gold, and also some insight into how the gold price levels and relationships have changed since Russia was sanctioned 2 years ago.
October 31, 2024
Gold demand set a third-quarter record, driving the price to a series of record highs. Including over-the-counter (OTC) sales, gold demand came in at 1,313 tons in Q3, a 5 percent year-on-year increase.
Both gold and silver are in the process of breaking out of bull flag patterns, which indicate sharp gains in the near future. Here's what you need to know...
There's been a lot of talk about the demise of the dollar.
Has the threat of de-dollarization been greatly exaggerated? Or is the greenback's role as the global reserve currency really being threatened?
Are you getting tired of the gold price setting new record highs yet? I'm guessing not, and today the futures crossed the $2,800 level for the first time in history.
October 30, 2024
Joseph Sternberg, author of the “Political Economics” column at the Wall Street Journal, has been on the Federal Reserve’s case recently. He continues to take central bankers to task in his latest article. “The next president will inherit a Federal Reserve staffed...
The universe seems to know the dollar is in trouble. During a recent news conference, a reporter asked Treasury Secretary Janet Yellen, "How concerned are you about the potential impact of the dollar's status as the world reserve currency?"
Macro analyst Luke Gromen recently said, ""I think...we will look back in a few years' time and realize [sanctioning Russian FX reserves] was every bit as big as Nixon closing the gold window in August 1971...the US just told the world to buy gold."
Secular inflationary bear markets are the worst ones due to the extended periods of poor performance in real terms.
October 29, 2024
Sadly, investors in the West have what is perhaps best described as a cave dweller’s primal urge to get more of their government’s barbaric fiat. In contrast, in the rising and massively populated East, the focus is on getting more gold… money that is supreme.
Gold and silver trading remained subdued this past week, with traders holding back from significant moves as they await the upcoming U.S. presidential election.
Gold extended its rally to a fresh record high, amid tensions in the Middle East and as traders looked toward the U.S. presidential election. Bullion rose higher — having breached the $2,700- an-ounce threshold — with analysts attributing gains to haven demand amid...