first majestic silver

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.

 

October 21, 2024

The transition to a post-bubble macro continues making progress. When the bubble makers are finally banished, when their policies are shown in the light of day (and of a rebellious bond market) to have been mere macro parlor tricks played against a previously...

Many citizens want more government control of the economy to curb rising prices. It is the worst strategy imaginable. Interventionist governments never reduce consumer prices because they benefit from inflation, dissolving their political spending commitments in a...

In keeping with the analysis I did in recent Deeper Dives about how all the good news in economics these days appears to be adjusted into place, we have another clear example today that I'll share with all.

As we head into next week's BRICS Summit, gold and silver are surging again. Gold has crossed over $2,700 and the December futures are currently trading at $2,728. While silver broke through the $32 level last night and is now at $32.45.

Gold cleared $2700 on Thursday to a new all-time high and Silver and the gold stocks exploded higher to close the week. Gold is on track for $3000 and Silver now has a potential target of $38.

It's very important to understand what environment you're in because it's going to influence how you trade. So the the old saw is easy times follow difficult times, and difficult times follow easy periods.

October 20, 2024

‘Tis simple really.  Against all conventional wisdom (to the extent that any wisdom whatsoever remains as The Investing Age of Stoopid rolls merrily along), Gold is merely yet again proving — as on occasion is its wont — that it plays no currency favourites.

In its Bear’s Eye View (BEV) chart below, the Dow Jones is looking darn exciting, or as exciting as a BEV chart can display a mighty-market advance.   This chart is a record of the Dow Jones from January 2016 to this week’s close; from 15,766 to 43,275, an advance...

October 19, 2024

Gold sector cycle is now up. Trend is up for gold and gold stocks and for USD. We will buy pullbacks as long as 50ema provides support.

Well, despite “soft landing” narratives in the media, bullish fervor on Wall Street, and a rising U.S. dollar versus foreign currencies, the precious metals markets continue to rip higher.

Ghana has introduced a gold coin in an effort to boost savings and manage money-market liquidity. According to Bank of Ghana Governor Ernest Addison, the coin will be refined to 99.99 percent purity and will come in 1-ounce, half-ounce, and quarter-ounce sizes.

October 18, 2024

Gold is climbing steadily and could hit $2,800 before the elections. Silver is on the verge of a significant breakout that may drive prices toward $38.00. Trump is ahead in key swing states, specifically Pennsylvania, which Elon Musk has greatly assisted.

The gold miners’ stocks look to be getting even closer to a crucial psychological tipping point.  After years of being mired in apathy, this small contrarian sector appears poised to finally return to popularity.  When traders flock to gold stocks to chase their...

It's all sectors upside blast! Junior uranium stocks, junior crypto mining stocks, and junior gold and silver stocks are all ripping up the charts! Here are today's videos and charts.

As investors continue to gobble up stocks and the dollar prices of most assets continue to climb, it would appear that all is well. Concerns about weakening economic activity and recession have been moved to the back burner. Now, the focus is squarely on inflation...

After many years of writing articles on the Federal Reserve and central banking, there is one thing I can always expect in the hours following the publication of an article about the Fed: a reader will send me an indignant email insisting that the Federal Reserve is...

U.S. dollar – we’re coming for you! That’s the message ahead of the upcoming BRICS summit set to kick off in Kazan, Russia, next week.

The upside targets in GDX, GDXJ and SILJ if Gold goes to $3000 and Silver to $35. Also, new highs indicator can help identify sell signals.

Jp Cortez, executive director of the Sound Money Defense League, recently joined Jon Forrest Little on SilverWars to discuss states releasing gold and silver from state taxation across the country.

In part 2 of our interview with Jim Willie he talks about what he believes is happening with the BRICS, their proposal for a partially gold-backed 'Unit,' and the current status of their de-dollarization plans.

October 17, 2024

While central banks around the world have been aggressively adding gold to their reserves, central bankers don’t tend to talk much about the yellow metal.

October 16, 2024

Since December 2023 in US dollars and October 2023 in euros, the gold price has been chasing one all-time high after another. It is hard to imagine now that the gold price failed several times to break through the USD 2,000 mark for almost four years, given that it...

Poland has joined an elite club. The country has increased its gold reserves to over 400 tons. According to National Bank of Poland Governor Adam Glapiński, the county holds 420 tons of gold “on behalf of all Poles.”

For decades, the US Federal Reserve has carefully cultivated and promoted the idea that it is somehow separate and independent from the US regime that created it. 

Reviewing a minor pattern, HUI’s Head & Shoulders (would-be) Top. I say “minor” because even if it plays out it’s just a little feller, with a measurement to around 300, within an ongoing rally. I was asked for comment on what a subscriber saw out there in the...

As the BRICS meeting and the US elections rapidly approach, while the wars and geopolitical tensions continue to escalate, it's not exactly the most stable time in the world.

October 15, 2024

The bulk of the price discovery process for gold relates to savvy Western commercial traders keying off physical market demand versus mine and scrap supply.

The best performing precious metal for the week was palladium, up 7.31%, perhaps on continued accumulation by the palladium ETFs. For instance, the abrdn Physical Palladium Shares ETF has seen its shares outstanding increase by 72% in 2024. Despite a slight fall in...

Sadly, investors today are way too superficial in their thinking.  They view their world as either black or white, whereas most of life occurs within the grey.  Yet, despite the world mostly occurring within the grey, most investor’s desire is to only be fed black...

The gold bulls kept running in September as gold set new record highs eight times and the price gained another 4.6 percent. And it appears this bull market has plenty of momentum left in it.

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 IRA eBook

Gold is still being mined and refined at the rate of almost 2,600 tonnes per year.

Gold Eagle twitter                Like Gold Eagle on Facebook