Gold truly enjoyed a remarkable 2024, relentlessly powering higher to many new records. Gold achieved a rare monster-status upleg, which proved extraordinarily-unusual. Big gains stacked up despite extreme overboughtness, speculators’ exceedingly-overextended gold...
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 27, 2024
Here are today's videos and charts.
This 32-minute discussion between Grant Williams and me covers my 55-year professional journey from banking in Switzerland, building and running a major UK FTSE 100 company (DIXONS), and setting up a major business in wealth preservation based on physical gold.
In the current setup, it should be very easy for pretty much all traders to make 50 to 100% every year for the next 3 to four years easily, but I'm going to show you why almost nobody will be able to do it.
December 26, 2024
Why don’t I push for tax increases to address the massive budget deficits and the ever-growing national debt? The answer is simple – Uncle Sam doesn’t have a revenue problem. He has a spending problem.
So far, this week has been calm. However, as you read in my previous analysis, the turning points are near and we still have four more sessions before the end of the year. Bitcoin just failed to move above $100k again, and it is declining in the pre-market trading,...
Long-term Treasury yields are breaking out from a bull flag. With just a few days left in the month and in the year, the flag is postured to be broken to the upside. The Continuum stopped continuing in 2022 and is hinting to continue upward on that trend break.
December 25, 2024
Frank Capra’s 1946 film, “It’s a Wonderful Life,” to be broadcast again Christmas Eve at 8 p.m. by NBC television, is loved most for its personal message of discovery at Christmas: that its hero’s life has been, unbeknownst to him, crucial to his family, friends,...
While 99% of the media keeps staring at official data by the Chinese central bank (PBoC)—misleadingly stating it added 5 tonnes of gold in November following a supposed six-month pause—the PBoC’s "unreported" purchases in London accounted for a stunning 60 tonnes in...
Some gold stock indices are showing some very bullish bases that could lead to huge breakouts in 2025. The ETF data reveals gold stocks to be extremely under-owned.
December 24, 2024
It’s Christmas Eve and while it’s been a spectacular year for supreme money gold, gold stock and silver bullion investors may feel a bit like the Grinch stole a piece of their Christmas.
The best performing precious metal for the week was platinum, up 0.15%. India’s trade deficit expanded to a record high in November, as the nation’s import bill ballooned, particularly due to a rise in gold shipments. The gap between exports and imports stood at $37...
Frank E. Holmes, CEO and Chief Investment Officer at U.S. Global Investors and Executive Chairman of Hive Blockchain Technologies, recently joined Mike Maharrey on the Money Metals podcast to discuss pressing economic trends, the Federal Reserve's actions, and how...
Gold imports into India surged to record levels in November as strong demand continued in the wake of government tax cuts. India ranks as the second-largest gold market in the world.
December 23, 2024
The yield curve is quietly steepening again. If it continues and accelerates that would be very good for Gold as it likely indicates more rate cuts ahead and a recession.
In light of the recent market action, I wanted to post another update on the Gold cycles positioning - which are offering up a mixed picture, near-term.
Without digging into what effect Trump’s tariffs, tax cuts, vanquishing of cheap immigrant labor, etc. might have on the economy in 2025, let’s just take a quick overview of the latest economic data and commentary that came in this week that didn’t get covered in my...
Wednesday’s brutal response to a mildly hawkish Federal Reserve rate announcement triggered two opposite market signals. First, the sell-off told us that the great secular bull market that began in 2009 is over.
It’s the end of the year, and you know what that means. Like clockwork, Congress tries to push through a 1,500+ page spending bill with handouts and waste to “prevent a government shutdown.” The fact that this happens so frequently would seem to indicate a...
The correction in Gold & Silver intensified this week and especially in miners and juniors. However, the stocks are now very oversold on short-term metrics.
The gold price is finally recovering a bit today (silver is still flat on the day) following the selloff after the Fed's meeting on Wednesday.
December 22, 2024
Gold has had quite a run for 2024, up over 25% year to date as this article is going to press in late-December. Will the advance continue in 2025? Or will the new year see a reversal for gold prices after 2024’s strong performance?
Welcome to winter as we type literally through the soltice here at 10:21 CET. And let’s start with a “Thumbs Up!” to one Elizabeth Morgan Hammack, graduate of THE Leland Stanford Junior University, today President of the Federal Reserve Bank of Cleveland, and who...
Although the Fed met expectations by cutting rates on Wednesday, it roiled the markets by signaling a slower pace of rate cuts in the future. Since the election, financial markets have been marked by heightened volatility and uncertainty as they absorb news about...
Well, that was quite the eventful week. We had a Fed announcement, and all the market geniuses were quick to attribute the cause of the 3% decline to the Fed announcement. However, this is nothing more than a foolish and very superficial perspective, which evidences...
Coming up don’t miss our exclusive interview with Frank Holmes of U.S. Global Investors. Frank and Mike Maharrey cover a lot of ground in our special conversion this week. They’ll dive into the divergence between physical bullion and minting stocks and whether Frank...
Gold sector cycle is down. Trend is up for USD and down for gold & gold stocks. Waiting for a new set up to trade the short side.
December 20, 2024
The Federal Reserve somehow surprised traders with a hawkish rate cut this week. While that had been expected, apparently the Fed’s projected rate-cut trajectory slowed even more than feared. So market reactions were violent, including the US dollar blasting higher...
We’re in the “blastoff” zone now for a lot of the junior miners. Here are today's videos and charts.
Frank Shostak recently wrote that an increase in the supply of gold by itself cannot cause a boom-bust cycle as described by the Austrian Business Cycle Theory (ABCT). If that were true, then Austrians would have no explanation for booms and busts prior to central...