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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 10, 2024

The bond yields are declining, so gold must be going up – that is what we are hearing and reading over and over again. On numerous occasions, I emphasized that gold is most likely to move in the opposite to real yields, not nominal ones, but the discussion keeps...

This year is shaping up to be one of the most legislatively successful in U.S. sound money history. Money Metals Exchange was instrumental in achieving six new sound money victories... as well as one key defensive win. The upshot is that sound money legislation,...

These are 5 important charts to keep an eye on. They include the Gold vs. 60/40 chart and inflation adjusted Gold price.

The latest ETF gold data was released, and it showed that the inflows into the ETFs continued for the 5th straight month, after almost 2 full years of consistent outflows.

October 9, 2024

The ever entertaining mainstream financial media, which wanted to convince the masses that the yield curve inversions that took place in 2022 signaled the end of economy and bull market *, have a new line they want investors to swallow today. This, I assume, after...

Since the sixth century BC reign of Croesus of Lydia, refined gold has served as a monetary store of value. Today, many central banks, including the European Central Bank, the Swiss National Bank, the German Bundesbank, the Bank of France, the Bank of Italy, the...

While Central Banks and BRICS nations have been buying gold at an increased pace over the past 2 years, there have also been signs of growing awareness in the west.

October 8, 2024

Last week, the USD Index stole the spotlight. It truly soared. But… Very few people are actually long. Yup. Even though the USDX moved high so profoundly, it wasn’t fresh buying that pushed the price higher. It was a short covering, and it has major implications...

Could the petroyuan usurp the petrodollar and become the dominant currency for global oil trade? If so, such a move would accelerate global de-dollarization and would be disastrous for the United States.

Fake employment reports, endless wars, a soup kitchen called the Fed, free speech in a garbage can, and a soaring US stock market that supposedly proves that all this madness is sanity…

Through the years, I have attempted to explain to those reading my missives that believing that any entity has control over the market is absolutely absurd. And, no matter how many empirical examples I have provided through the years, the common failure to recognize...

The best performing precious metal for the week was silver, up 2.06%. Silver just wrapped up a fourth quarterly gain, the longest run for the precious metal since 2011.

Global liquidity is expanding. In the past three months, the global money supply has soared by $4.7 trillion. This rapid increase started when the Federal Reserve panicked the first time and delayed the normalization of the balance sheet in June.

The mainstream financial media is hailing Friday's surprise "blowout" jobs report. According to the Labor Department, employers added 254,000 jobs in September, much more than had been forecasted.

October 7, 2024

“Money does not grow on trees” is an old expression of wisdom that seems to have been disregarded by 21st century American policymakers. People all over the world and throughout time base their decisions primarily through lived experience. The US dollar became the...

Gold has been pushed to record highs in recent weeks. A weakening dollar and lower real bond yields have created tailwinds for the yellow metal. However, according to a team of JPMorgan strategists led by Nikolaos Panigirtzoglou, the gold price has climbed above...

Just a couple of weeks ago, on September 18th, the Fed announced a 50 basis points cut in interest rates. To be clear, the announced cut was generally expected and already discounted in the markets. Most markets had risen substantially over the prior two years in...

If you can keep a cool head while everyone around you is panicking, perhaps you don’t understand the situation. That’s what they say, anyway. It is exactly what we saw last week when stocks barely shrugged even as the shooting war in the Middle East took another...

VON GREYERZ partner, Matthew Piepenburg, joins Nomi Prins with Ted Butler of VRIC Media to separate facts from fiction as to the key themes facing the global financial system, namely: US recession indicators, Fed policy in the face of ongoing inflationary forces,...

Gold, Silver and the miners closed the week mixed after Monday, which was a strong monthly and quarterly close for the sector. We review the near-term outlook for Gold, Silver & the miner ETFs.

October 6, 2024

The Dow Jones this week made four new all-time highs, aka BEV Zeros, its 38th to 41st since entering scoring position (Red Circle below) last November. 

Welcome to edition “Triple-Seven” of The Gold Update, wherein we find the yellow metal having settled yesterday (Friday) at 2673, a -0.3% loss (-8 points) for the week.

As the U.S. dollar bounces back versus foreign currencies, gold and silver markets are showing resilience. The Dollar Index is moving up sharply in the early goings of October after falling steadily for three months prior.  Currency traders ditched the Japanese yen...

President de Gaulle of France initiated the secret operation “Vide-Gousset” and repatriated 3,313 tonnes of gold reserves from the vaults of the Federal Reserve in New York and the Bank of England in London from 1963 until 1966. De Gaulle feared America’s deficit in...

October 5, 2024

Our proprietary cycle indicator is now DOWN. Current data suggests a top is imminent. Our ratio is on sell signal.

After doubling in July, central bank gold buying slowed in August with record high prices but remained in positive territory. Globally, central banks added a net 8 tons of gold to their reserves in August.

October 4, 2024

After surging dramatically in the last couple months, gold’s selloff risk is high.  Massive recent buying not only catapulted gold deep into extremely-overbought territory, it exhausted gold-futures speculators’ likely capital firepower for buying.  Couple that with...

De-dollarization, the BRIC countries are destroying the USD, and many other theories… All or some of them might be true, but it absolutely doesn’t mean that they have to result in any specific market moves NOW or shortly.

With China doing massive money printing and stimulus, our Chinese stock market positions are soaring, and this is great news for gold.

For technical analysts, the end of September means fresh monthly and quarterly charts. Our entire world is focused on the short term at the expense of the long term. As such, monthly and quarterly charts are rare.

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The periodic symbol for gold is AU which come from the Latin for gold aurum.

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